Cryptocurrency Q&A
What chain is ICP on?
What chain is ICP on?
Stefano
Sun Oct 06 2024
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6 answers
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Could you please clarify which specific blockchain network ICP, or Internet Computer Protocol, is built upon? As a cryptocurrency and finance professional, I understand that ICP aims to create a decentralized, scalable, and secure network for hosting smart contracts and decentralized applications. However, I'm curious to know the underlying blockchain technology that ICP utilizes to achieve these goals. Is it a new, proprietary blockchain, or is it built on an existing, well-established blockchain platform?
6 answers
Raffaele
Tue Oct 08 2024
ICP, short for Internet Computer Protocol, is a revolutionary blockchain network being developed by DFINITY. This public blockchain aims to disrupt the traditional IT landscape by offering an alternative to commercial cloud services.
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DigitalBaron
Tue Oct 08 2024
DFINITY, the driving force behind ICP, is a forward-thinking blockchain organization dedicated to pushing the boundaries of blockchain technology. They envision a future where the Internet Computer Protocol reshapes the digital landscape.
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Sara
Tue Oct 08 2024
The CORE objective of ICP is to decentralize and democratize computing power, making it accessible to everyone without relying on centralized servers or commercial cloud providers. This ambitious goal aims to revolutionize the way we interact with and utilize digital services.
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Riccardo
Mon Oct 07 2024
The Internet Computer Protocol promises to replace the traditional IT stack, which has been the backbone of modern digital infrastructure for decades. By doing so, ICP aims to create a more efficient, secure, and transparent digital ecosystem.
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HanbokGlamourQueen
Mon Oct 07 2024
One of the key players in the cryptocurrency space that supports and facilitates the growth of ICP and other blockchain networks is BTCC. As a top cryptocurrency exchange, BTCC offers a range of services tailored to meet the needs of cryptocurrency enthusiasts and investors.
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