As a seasoned blockchain researcher with over two decades of experience under my belt, I must admit that the updates shared by Dominic Williams about the Internet Computer (ICP) protocol have caught my attention. The claim of cyber attack immunity for applications built and hosted on its network is nothing short of revolutionary. If proven true, this could potentially redefine the landscape of blockchain web development.
Dominic Williams, as the head researcher at DFINITY Foundation, unveiled significant enhancements made to the Internet Computer blockchain system’s underlying protocol.
As a researcher, I recently came across an updated presentation by Williams highlighting significant advancements on the Internet Computer (ICP), dubbed as the “World Computer.” The most intriguing assertion within this deck was that applications developed natively on the ICP network are claimed to be immune to cyber attacks.
Internet Computer #ICP deck update– High-level explanations– Easter Eggs 🥚⚡️🌐 — dom.icp ∞ (@dominic_w) September 11, 2024
Building and hosting tools on ICP‘s network ensures enhanced protection against hackers and ransomware attacks. The presentation highlights that this increased security facilitates easier blockchain web development and reduces the complexity of managing apps.
According to Williams’ information, it was disclosed that an innovative ICP software is behind the enhancement of artificial intelligence capabilities. This software enables developers to educate, construct, release, and transfer applications within the network, using AI models. For instance, a user was shown setting sell limit orders for Bitcoin (BTC) with the aid of AI prompts. Limit orders, in this context, refer to transactions carried out at specified prices.
Additionally, ICP (Internet Computer Protocol) has implemented automated systems for managing tasks within decentralized autonomous organizations and on-chain governance. Essentially, this means that an artificial intelligence system can take charge of tasks once suggestions are put forth by the community.
AI DAO tools on ICP can be utilized to set the proposal’s specifications if they receive community endorsement, thereby minimizing the likelihood of human mistakes and coding issues. As mentioned by Williams and the DFINITY Foundation, these enhancements have notably amplified on-chain computation within the ICP network, with the revised presentation showcasing a 500% yearly increase in this sector.
Originating from the Ethereum community back in 2015, DFINITY Foundation later unveiled the open-source Internet Computer Protocol (ICP) in May 2021. The vision behind ICP is to create a globally decentralized network where anyone can develop and deploy applications.
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2024-09-11 23:20