∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞

I’m here for $ICP, not to leave others behind. Real growth, real talk. | #8YearsGang | #DYOR | #NFA |

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

$ICP's Price In Bull Market Peak - Your Guess?

[DFINITY Foundation @dfinity]

DFINITY was in attendance at the Dubai AI Festival, over the last two days.

@dominic_w presented 'Sovereign Cloud for the AI Era', and the festival's official report was published, The State of AI 2026, which came out with DFINITY's participation.

The report includes an article on Dominic and the Internet Computer's cloud engines.

Here's our round up of the last two days from @DubaiAIFest.

[dom | icp @dominic_w]

This was the first time DFINITY attended an AI event, but it's just the start. Thank you to the organizers for a great time. I explained the way that the Internet Computer | ICP now provides the ultimate agentic infrastructure, and it was tremendously well received, with some stunning follow-ups (more details in time). At the end my keynote, I gave out an email where you can apply for cloud engine coupons — and we're already seeing a steady stream of applications from that audience. The Internet Computer remains the first network creating genuine impact in the mainstream world, and the potential is unlimited.

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

Bro really said ‘ask any ZK/privacy dev’ about NEAR’s TEEs while the confidential part is a permissioned fork called FAR (as in, the opposite of NEAR). The public chain’s job is mostly existing so they can inflate the supply by ~33M tokens a year to pay the people running it. Token not required for the useful part, yet mandatory for the ‘keep the lights on’ part. Chef’s kiss.

[Andy @andyyy]

Dom, respectfully - you are full of shit and a complete LARP.

Tearing down others doesn't help your situation at ICP.

Let's go through some facts about the "Internet Computer", an completely unoriginal and uninspiring name swiped from Ethereum's world computer:

- 3,870 daily active users (lol, lmfao really)
- spent millions of dollars on terrible conference marketing to get exit liquidity in 2021-2022
- down 99.9% from all time highs
- company makes ZERO revenue
- team max extracted and contributed negative value to the industry
- the transactions on the network are clearly wash traded/bot volume and one claude prompt will get you there

You've contributed practically nothing to the industry yet got rich as f*ck, funny how that works. To be clear, and concise:

$ICP is a total shitcoin, has zero reason to exist, and this post reeks of desperation & pure jealousy.

Envy is a major sin, and you should celebrate the successes of others, rather than try to tear them down. This industry is far too small to not grow the pie.

Ask any ZK, privacy, or developer about NEAR's TEEs and confidential tech and they will tell you the same thing: it's not perfect, but it's pretty damn good for onchain privacy in 2026.

Meanwhile, ICP is still paying the worst KOLs in the industry to promote while you dump on side wallets and OTC.

Rant over. Don't fuck with NEAR.

[Pakistan Digital Authority @digitalauthpk]

Dr. @sohailmunir , Chairperson of the Pakistan Digital Authority (PDA), met with Dominic Williams (@dominic_w ), Founder and Chief Scientist of @dfinity , and @PierreSamaties , Chief Business Officer, for strategic discussions on establishing an AI Factory in Pakistan for developing production-grade software for the public sector, deployed on the PDA Cloud Engine.

The meeting involved detailed deliberations on developing a sovereign AI Factory focused on GovTech, government applications, and public-sector innovation, with the aim of strengthening Pakistan’s digital infrastructure and AI capabilities.

This marks the second high-level engagement between PDA and DFINITY this year, building on their earlier meeting, which culminated in the signing of a Memorandum of Understanding (MoU).

The initial collaboration also laid the groundwork for a significant international milestone: UNDP’s adoption of Pakistan’s sovereign Cloud Engines model, reinforcing Pakistan’s emerging role in sovereign digital infrastructure and government-led technological innovation.

[Liquidium.Fi | Cross-Chain Loans @LiquidiumFi]

🐳 Whale sighting!

One Liquidium user just borrowed $40,000 $USDT using $ICP as collateral.

No need to sell your ICP. Utilize it!

[MSB Intel @MSBIntel]

Julius Baer, the Swiss private bank with CHF 547 billion in assets under management, offers ICP custody to its clients with AMINA Bank.

Sygnum, Revolut, BitGo and Coinbase Custody also support ICP.

@dfinity

[Internet Computer Today @DfinityToday]

Hey @grok remove the tech thief from this image

[BasedGiant @thebasedgiant]

$ICP fam, here's everything we know about the $NEAR situation, based on everything I could find publicly.

RT for visibility, and consider watching it on YT 👌

[BSCN Newswire @BSCNWire]

Dominic Williams, the founder of @dfinity, has questioned the privacy design of Confidential Intents on @NEARProtocol ($NEAR), citing a PhD engineer's review of its FAR network, open-source status and node operators.

https://t.co/FVfalSRBKT

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

Dominic pointed out the emperor has no clothes, then that he’s also wearing someone else’s patented threshold ECDSA suit while the “confidential” layer is just a private FAR shard of trusted operators.

Awkward for the copycats, extremely expensive discovery process incoming. Relentlessly bullish for the lawyers.

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

Copycats thought “open source means free real estate.” Turns out the ECDSA threshold scheme powering $NEAR Intents was licensed for Internet Computer only. Patents + papers + fired employee = lawyers loading the gun. Enjoy the emergency downgrade, guys. #ICP

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

$NEAR bros speedrunning the cope arc is cinema 😂

“Tech doesn’t matter, price is up so who cares”

“They never said it was built on NEAR”

Brother they posted “bridgeless,” “no bridging,” “settles on NEAR,” “core NEAR Protocol,” “chain abstraction on NEAR” like 47 times. The verifier contract is literally intents.near You can just look it up.

Then the Confidential Intents reveal drops and it’s a separate permissioned chain called FAR as in… far from NEAR? with trusted unknown operators, not open source, and privacy that boils down to “trust the guys running the nodes.”

Pure cope. “It doesn’t matter until it does�� is the most honest thing anyone’s said in this thread. Tech is irrelevant right up until the day everyone figures out the fancy privacy layer was just a permissioned sidechain with extra steps. Then suddenly the long run matters and the bagholders are asking why the PhD engineer was laughing.

Keep the chart green while you can. The receipts don’t care about the price. $ICP

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

Imagine being proud that your chain’s main use case is extracting liquidity from gamblers via bot-driven meme tokens, then calling the chain that prioritizes high computational throughput “misleading.”

The metric is TPS.

The reality is casino throughput.

The cope is “at least people are clicking buttons.”

$ICP really is leading the edge of this space and some of you still can’t handle it.

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

Copycats thought “open source means free real estate.” Turns out the ECDSA threshold scheme powering $NEAR Intents was licensed for Internet Computer only. Patents + papers + fired employee = lawyers loading the gun. Enjoy the emergency downgrade, guys. #ICP

[dom | icp @dominic_w]

https://t.co/3SY3hbel7T

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

@haenko21 @vrive058 NEAR on-chain: barely $1k. Everything else: ‘trust me bro’ sidechain + partnerships. It’s giving ‘I can walk’ while clearly on crutches.

[Liquidium.Fi | Cross-Chain Loans @LiquidiumFi]

NEW: Borrow and Lend directly from Telegram 👀

That's right: no wallet connect, no website.

Choose the currency you want, supply your collateral, and open your loan.

It's that Simple 😎

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

Imagine being proud that your chain’s main use case is extracting liquidity from gamblers via bot-driven meme tokens, then calling the chain that prioritizes high computational throughput “misleading.”

The metric is TPS.

The reality is casino throughput.

The cope is “at least people are clicking buttons.”

$ICP really is leading the edge of this space and some of you still can’t handle it.

[Justin Bons @Justin_Bons]

ICP's reported TPS numbers are fake! ⚠️

They claim 6k+ TPS, but in reality, ICP only does 0.4 TPS. It is a ghost chain!

By counting basic chain functions as TXs, they are fraudulently misleading the public

Do not be fooled; there is real usage in crypto, but ICP is not it: 🧵

ICP's foundation, DFINITY, is again caught red-handed lying to the public. This time to a preposterous degree:

The Lie:

The 6k TPS figure comes from DFINITY's own official website. Here comes the kicker: 4k of that "TPS" are read-only queries!

The remaining 2k "TPS" are application steps, something ALL other smart contract chains have, but no other blockchain actually counts as TPS. These include contract-to-contract calls, timers, replies & heartbeats. ICP's leadership counts all of these as "TPS" today

The Truth:

Once we subtract all of those phony forms of TPS, ICP ends up with a mere 0.4 TPS, or 0.7 TPS if we also counted every token ledger

That means DFINITY is inflating the usage of ICP by a whopping factor of x16245

All while the biggest user of ICP today is DFINITY's own subnet where they host their apps! The ckBTC & ckETH minters, along with their ETH & SOL relays. Together, produce 31.5% of this fraudulent TPS count

One Example:

There was a particularly interesting incident in 2022 when a developer was loading a database into his app at less than one call a second

DFINITY's own dashboard showed his subnet doing 1.3k Transaction Per Second, a third of the network's usage that week

The developer then went on to the forum to ask how that was possible. The ICP engineer frankly explained it:

"Each upload put 500 records into three indexes, and the code did each insert as a call from the program to itself. Every call counts, and every reply to a call counts again. So one upload became about 3,000 "transactions". Written as one batched call, the same work would have shown "500x fewer transactions".

Following that up with one of the most damning statements in this case:

"DFINITY's own benchmark had deliberately left such messages out, because counting them "might have been deemed as cheating (after all we care about user-triggered transactions rather than artificially generated traffic)".

DFINITY's own dashboard counts them anyway & still does to this day. On this day, the 21st of October 2026, replies to calls between programs were 57 percent of the "update" count! This mechanism is also not rate-limited at all

In conclusion, their own engineer said counting internal messages would be cheating in a benchmark; their own dashboard counts them to this day; that is the number they sell as TPS! Under ICP accounting, 1 TPS turns into 1.3k "TPS". Now that is a fraudulent & misleading design!

Discrepencies

That is how they can claim to do "6k TPS" while only bringing in less than 7k of fees per day, while its own "Internet Identity" ICP's login system registers a mere 3112 users in the last day

Their physical presence in our ecosystem is also not at all congruent with their claim of being the second most used blockchain in the world

Such inconsistencies are hard to reconcile. Which is why this expose was needed. As it turns out, they have been straight-up lying about their usage this entire time!

Chainspect

Why Chainspect, the blockchain explorer & metrics tracker, would unquestioningly repeat these lies. Taking its data directly from DFINITY's API is unknown

Chain Inspect is not a registered company & for that reason & more, I was unable to find any connection to DFINITY, but it cannot be ruled out. They claim to be fiercely independent

Chain Inspect only reports the 2k "TPS" figure, but that is still wildly misleading

Especially since they do carry out more due diligence with other chains, such as by subtracting consensus messages in SOL, for example, as they very well should

Weirdly, their own policy demands that they adjust their figures accordingly:

"We aim to include only user-initiated transactions and exclude system ones, to enable fair comparison of different networks (e.g. for Solana we exclude “voting” transactions related to their custom consensus mechanism)."

As a community, we need to point the finger here & ask @chainspect_app to update their policy on how they count ICP's "TPS".

The correct number is below 1; reporting 2k+ instead is wildly misleading

Do better, Chain Inspect! We are kindly holding you accountable today, as your website & service are otherwise great!

Conclusion

ICP is a ghost chain: There is nothing wrong with that, as we all need to start somewhere

However, what is wrong is that they are actively lying about this fact. In the investment world, that is called fraud!

Honesty & integrity matter far more to serious investors, as we are, myself included, willing to invest in "ghost chains", making a bet on a superior team & tech

It is a shame, as ICP could be a great chain if they enshrined their subnets as I have previously recommended. If they also cleaned up their marketing, it could become a real contender

Instead, the community will most likely respond with denial again. Exposing a sickness that is endemic within many small cryptocurrency communities

Groupthink with cult-like dynamics, combined with both financial & peer pressure, creates one hell of a toxic soup

Despite all of the personal attacks that will likely follow this critique, the truth speaks for itself. That is also one of the most wonderful things about crypto

It is open-source code running a transparent blockchain. The scammers & crooks can not hide anymore with sufficient due diligence, of the sort we did here today

To the ICP community, there are genuinely good, smart & well-meaning people there. We should never paint any community with a single brush

For those of you receptive to this critique, I hope it will inspire ICP to clean up its act. Operating with more honesty & integrity is not only the right thing to do. It is also the best possible long-term strategy for success in our industry today

When all is said & done. It is the truth that sets us all free! 🔥

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

@DoodleTrev https://t.co/GEAiBkuRHS

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

@DoodleTrev

[∞ᑕᖇYᑭTOᗷᗩᔕEᗪ∞ @FullyOnChain]

The marketing still said “bridgeless,” “no bridging,” “settles on NEAR,” “core NEAR Protocol,” and “chain abstraction on NEAR” repeatedly. Confidential Intents run on a separate permissioned fork (FAR) with a small trusted validator set, private RPC, no public explorer, and a TEE bridge back to mainnet. Privacy reduces to “trust these operators.” That’s the opposite of the cryptographic guarantees people were sold under those slogans.

Dominic had a cryptography PhD look at the actual architecture because the claims didn’t match the docs and the code. Price being up doesn’t erase the mismatch between the pitch and the system. When the next issue hits (accounting bug, operator problem, or bridge failure), the “it doesn’t matter until it does” defense stops working for users and capital. Clarity on trust assumptions matters more than narrative.