Internet Computer vision

The Internet Computer is blockchain as a complete technology stack

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