What is the internet computer coin?

The Internet Computer is a blockchain-based network that can run at web speed with the potential to “reinvent” the internet. The native token of this network is the ICP token. This coin serves as a utility token, and has several roles in the network. How Does Internet Computer Coin Work?

What is the internet computer?

The Internet Computer is creating a decentralized internet — with independent data centers providing alternative to corporate cloud services Internet Computer (ICP) is a set of protocols that allow independent data centers around the world to band together and offer a decentralized alternative to the current centralized internet cloud providers.

What is the internet computer (ICP) token?

The Internet Computer is a blockchain-based network that can run at web speed with the potential to “reinvent” the internet. The native token of this network is the ICP token. This coin serves as a utility token, and has several roles in the network.

How does the internet computer (ICP) work?

These node machines connect to each other using Internet Computer Protocol, or ICP, which is where the token gets its name from. The best moniker to describe the blockchain network model used by the Internet Computer is “Proof-of-Useful-Work”.