Carl

Automation #Eth was the prototype for some functionality, ICP is the crowning achievement

[Carl @CarlFranzn4]

@Marosh_intime @omniaicp I guess it becomes a trade off between cheaper data storage and lower latency on traditional centralized cloud ( for less sensitive data) and more secure compute and storage for more sensitive parts.

[Carl @CarlFranzn4]

@CsTominaga Makes sense to me. From a moral standpoint you have a good point. This is my personal starting point aswell before reading Kinsella. So I agree with you . But then the next question becomes whether , if it is a moral right, the exclusive right to its usage should be lifelong?

[Carl @CarlFranzn4]

@OWHistory I think it’s good they stay prudent with their resources , only hire people for what is needed going forward.

[Carl @CarlFranzn4]

@WealthChainPro Will do the same in the next three weeks. Double my current stack

[Carl @CarlFranzn4]

@FluxAlert @BjuhrEva Du slår huvudet på spiken!

[Carl @CarlFranzn4]

@hodlinsky Of those three the strongest community would be ICP hands down.

[Carl @CarlFranzn4]

@BullRushClub What I fail to see is even if those coins get legally ruled to elongate to the claimant, how will they ever be able to control them without having the private keys?

[Carl @CarlFranzn4]

@omniaicp Exactly my take on this aswell !!!

[Carl @CarlFranzn4]

@PartyhatsICP I agree, that’s exactly my thinking aswell. Once ICP starts to make real inroads into cloud computing, it won’t follow the crypto cycles.

[Carl @CarlFranzn4]

@PartyhatsICP Hehe 😅😂😅

[Carl @CarlFranzn4]

@ClaudioNewlife @Zero2HeroZombie Have held since 2021 aswell. 1,x $ could come. We’ll see. Still, just buying a bit more. My thesis remains #ICP!

[Carl @CarlFranzn4]

@CsTominaga This is one of the most contentious issues within Austrian economics, Stephan Kinsella has argued against IP and done so very well. I remain on the fence about it. Great to see another perspective on this. 👍

[Carl @CarlFranzn4]

@DukeD_Defi There were no cloud engines, no Wordpress, no way to copy old websites or project with the click of a button onto ICP, etc. etc.. The next two years might well change the adoption trajectory. If it doesn’t change in two years from now, your verdict might be right.

[Carl @CarlFranzn4]

@DukeD_Defi Would suck to loose the only chance of empowering people with real ownership in the digital space. But yes, adoption is slow so far. The question is why. One major reason is that lots of preconditions for faster adoption didn’t exist in the last 4 years but are coming into place

[dom | icp @dominic_w]

Hello MULTI/DEX 🔥 Should DFINITY release the most powerful DeFi application the world has ever seen?

What's cool about it? Here are some factoids, the craziest at the end:
1. It runs on an ICP cloud engine (soon everyone can have one) and is 100% network resident and tamperproof.
2. It is genuinely multi-chain, with no bridging hassles for users (users can deposit straight into their accounts, and withdraw directly, from the native chains of tokens).
3. It is order book based, but also provides a traditional swap interface, which swaps arbitrary assets by routing across the underlying markets.
4. It supports both spot trading, and margin trading that lets traders go long and short with leverage.
5. It has an AMM (Automated Market Maker) that uses Internet Computer outcalls to determine outside prices, then delayed matching against AMM limit orders to prevent arbitrageurs draining liquidity, as can occur with traditional DEXs providing swaps.
6. The AMM maintains a unified liquidity vault, and doesn't need two liquidity pools for every trading pair, providing outstanding capital efficiency and liquidity compared with traditional DeFi systems.
7. Users can earn by depositing into the AMM Vault, and into an insurance pool that protects the vault from margin calls that fail to recover all capital (the insurance pool gets 5% of all liquidations).
8. MULTI/DEX runs on the decentralized Internet Computer network, and is 100% open source — unlike HyperLedger, say, which remains closed source, and has an single-purpose architecture closer to federated CEX hosted on a symmetric cluster of federated servers.
9. If we go ahead, we would propose that MULTI/DEX runs as part of the Internet Computer, in the sense it is controlled and updated by the NNS (The Internet Computer's Network Nervous System, the world's largest and most sophisticated DAO, which directly orchestrates and updates the network) providing unparalleled levels of autonomy, transparency, and security.
10.... and this is the BIG ONE... its backend is built using the latest Motoko language framework (soon to be released) that puts AI *inside* of its software. That means, in another seminal inventive step from DFINITY and Caffeine Labs technology teams, that AI can see, browse and query the realtime data inside the app/dapp's persistent memory and can create and execute ad hoc queries and update logic on-the-fly (subject to permissions). So, while for much of the time traders will be using the traditional UX shown in the pic, increasingly, they will be interacting with the exchange through AI chats that have the "Internet Computer Connector" MCP installed (soon to be released). On the one hand, traders will be able to use chat to ask for simple things, like current spot pricing and market depth, and the likely slippage on a spot market order, and for orders to be submitted, but on the other, for much more demanding things that require the AI to execute ad hoc functionality, such as "Look at my positions and margin pools, and rebalance them to give me more blended market exposure, while also adjusting for risks indicated by social media coverage of forthcoming market events, but wait for my approval of your plan before proceeding."

This is a lot to take in, so I'm aiming to get a new demo video out ASAP that will demonstrate what's possible with this AIware, which will include MULTI/DEX — should be about a week!!

Btw. for those wondering what might be the big picture beyond what I just described with MULTI/DEX: At DFINITY, we are in the process of transforming ourselves into an "agentic organization," where all our existing apps/SaaS is replaced by custom on-demand apps/SaaS running on cloud engines that are created and updated by AI. Of course, these on-demand apps/SaaS are being built using the new technology described that automatically puts AI inside and provides users with fluid functionality via chat. The totality of the apps/SaaS represents an enterprise "World Model," which incorporates as much of the enterprise's data as possible, enabling AI to perform incredibly powerful analyses and actions — when you see this is in action, you can't unsee what you saw, because it's clearly a huge leap beyond the status quo of today's tech, which is exactly what the Internet Computer project is about. This wraps up our new technology stack, created by leaning on unique aspects of "The Network is The Cloud" paradigm, and years of work, and what, together with cloud engines, will finally enable the Internet Computer to strike out into the massive mainstream cloud technology market.

[Carl @CarlFranzn4]

@OWHistory @Ramses_ICP yes, it seems impossible now, but that can change rapidly

[Carl @CarlFranzn4]

@OWHistory If it was guranteed, everyone would already hold it and the price wouldn´t be able to move. The fact that it´s not guaranteed is what makes i a potential massive gain.

[Carl @CarlFranzn4]

@TimJSwan @CsTominaga Implications for Illinois: get the hell out of that place!

[Carl @CarlFranzn4]

@bsvsimp Hehe, you tell me something genuinely wrong Dr. Wright has said. Yes you can find inconsequential things, but on the heavy stuff, he’s obviously right.