Difference between revisions of "Internet Computer vision"

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(Created page with "==The Internet Computer is blockchain as a complete technology stack== ===Web speed=== * Fast smart contracts allow you to build anything ===Environment and cost=== * Effici...")
 
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==The Internet Computer is blockchain as a complete technology stack==
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#REDIRECT [[Introduction to ICP]]
 
 
===Web speed===
 
* Fast smart contracts allow you to build anything
 
 
 
===Environment and cost===
 
* Efficiency and costs approaches traditional IT stack - build anything
 
 
 
===Network scales without limit===
 
Can scale to process unbounded volumes of smart contract data and computation
 
 
 
===Network scaling is transparent to systems===
 
Network scaling is transparent to smart contract code
 
 
 
===Web serving (true Web 3.0… dapp websites running on AWS is Web 2.0)===
 
* Smart contracts securely serve web-content directly to users
 
* Users interact with dapps w/o having a wallet or tokens (reverse gas + Internet Identity)
 
 
 
===Network Nervous System===
 
* Automated in-protocol governance makes the network self-directed
 
* Network is constantly expanding, upgrading and improving, w/o downtime
 
* Seamless community-driven evolution and governance without disruptive hard forks
 
* Acts as a community fund that drives blockchain economy
 
 
 
===Novel “canister” smart contract framework===
 
* Orthogonal persistence (data lives in persistent memory pages)
 
* Actor model (deterministic parallelism, internally and externally)
 
* Access to perfect randomness
 
* Integration with other blockchains e.g. they have Bitcoin addresses
 
 
 
===Service Nervous System (SNS) economic framework for dapps===
 
* Advanced DAO can take control of a dapp
 
* Dapps run under the control of a community (full decentralization)
 
* Dapps run as extensions of the blockchain (microeconomy with macroeconomy)
 
* Dapps can raise funds into the SNS; funds controlled by community
 
* Cycles act as stable-value currency for DeFi
 

Latest revision as of 21:43, 20 April 2023