Dfinity's ICP Rises 28% in Weekend Boost
Dfinity’s Internet Computer (ICP) surges after the 100 millionth block was mined yesterday.
Internet Computer price
(ICP)
Share
Share
$58.29
-0.13%
Market stats
$9.5B
$276.4M
162.9M ICP
33 days
#15
About Internet Computer
Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet." ICP can also be staked or "converted into cycles" that can be used to power computation for dApps and traditional applications.
How it works
You can think of ICP as a way of converting crypto into processing power. The network will establish a fee based on the amount of computing power required by a developer’s project. As long as the fee is paid, the website will run directly on the public internet.
Keep in mind
In a truly decentralized network, who can be held accountable for hosting abusive content? Corporations running the Internet today employ some degree of moderation, although the flip side is that they can also arbitrarily de-platform anyone at any time. Ideally, Internet Computer can use decentralized governance to create solutions to these tricky issues.
Released: May 2021
Internet Computer is on the rise this week.
The price of Internet Computer has risen by 0.54% in the past 7 days. The price declined by 0.13% in the last 24 hours. In just the past hour, the price grew by 0.88%. The current price is $58.29 per ICP. Internet Computer is 92.24% below the all time high of $750.73.The current circulating supply is 162,890,216.87 ICP.Top stories
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How Dfinity's Internet Computer Will Integrate Ethereum
Dfinity founder Dominic Williams says the blockchain he created was inspired by Ethereum and that interoperability between the two is an early goal.
Dfinity Is Giving Developers $200 Million to Build on 'The Internet Computer'
The Internet Computer’s grand aim is to be “humanity’s primary compute platform.”
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