🏕Elder Jo.icp

Formerly known as Hitman 杀手 || #ICP Maxi || #VILLAGE Elder || My Portfolio: $ICP, $DAO, $VILAGE, $CLOUD, $CRUMB || ± Impactful Energy

[🏕Elder Jo.icp @Hit_ICP]

Yo $ICP bros and sis, this is that same dude you used to know as Hitman 杀手 with the username @Hit_ICP. I changed my name for the first time in history because I've officially embarked on my professional journey as one of the Elders leading the #Village movement.

Thank You! 🤝

[🏕Elder Jo.icp @Hit_ICP]

@cryptorover You mean breakdown?

[🏕Elder Jo.icp @Hit_ICP]

@ICPGlitch How do I track my rewards? I hod some ICG in my icpswap wallet.

[dom | icp @dominic_w]

This is getting ridiculous. If any centralized party needs tamperproof custody technology that cannot be hacked (only requires those in approval chains to do their job) then DFINITY can help.

[Chainspect @chainspect_app]

⚡ ICP averaged 5,358 TPS over the last 7 days. That's 3x Solana, and Solana is #2.

The rest of the board sits below 200. Which chain should climb next? Tell us below 👇

Building a fast chain? Get listed on Chainspect and show your peak. DM us.

📊 https://t.co/cz8cMmVBzQ

[ALLINCRYPTO @RealAllinCrypto]

🚨 $ICP IS ABSOLUTELY SMASHING THE TRANSACTION COUNT!

@dfinity just processed a staggering 7.65 BILLION transactions in 30 days, an all-time high! 🚀

That's over 9X more than Ethereum, Base and BNB Chain COMBINED!

The sheer scale of $ICP is extraordinary!

Credit to @chainspect_app again for the brilliant data, make sure to give them a follow!

[BasedGiant @thebasedgiant]

$ICP fam, here's part 2:

The full timeline of the $NEAR "unique" tech, with receipts.

Let me know what you think in the comments.

RT for visibility 👌

[Pierre @PierreSamaties]

Looking forward to two great days at the Dubai AI Festival, meeting with friends and partners! 🇦🇪

Watch out for the State of AI 2026 report that is going to be released on Tuesday.

If you are around, don't miss @dominic_w's keynote on "Sovereign Cloud for the AI era" on Tue, 3:10 UAE time.

@DubaiAIFest @DIFC @Ignyte_AE @dfinity

[Ahmad Manzoor @AhmadManzoor1]

Excited to share that my book on Blockchain Technology is now available on @leanpub

Keep Learning. Keep Innovating. Keep Building the Future!

#Blockchain #Web3 #Technology #Innovation #Leanpub #BookLaunch #AhmadManzoor #AMK

[Ajki @ajki76]

"NEAR did unprecedented work on chain signatures"

"unprecedented" is doing a lot of work here, threshold ECDSA, one key, sign on any chain, no bridge, shipped on internet-computer:native protocol-native, subnet-level DKG, asynchronous & byzantine-robust, with formal security proofs.

NEAR's chain signatures shipped in 2024 and it's not even onchain, but an 8-node, appointed, permissioned side MPC network.

So the "unprecedented engineering" is really "we shipped what ICP shipped protocol native, as offchain MPC."

@NEARProtocol even cites @dfinity math for their offchain MPC bolt-on.😉

Don't believe me? Check the official $NEAR docs: https://t.co/GgM31HX7Mo

In the "Derivation Paths: One Account, Multiple Chains" section, click the Additive Key Derivation link. It takes you to a @dfinity paper (click the PDF icon on the site).

The funny part is, put the signer contract on any another blockchain (ETH, SOL, SUI... any smart-contract one), attach the MPC bolt-on, and it'll be "unprecedented engineering" for that chain too, without needing $NEAR at all.

btw @LitProtocol already runs the same type, offchain, permissioned MPC, live on Ethereum today. 😉

[🏕Elder Jo.icp @Hit_ICP]

Justin, how exactly did you arrive at 0.4 TPS or even 0.7 TPS?

What did you remove, and why?

LET THE NUMBERS SPEAK

[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! 🔥

[🏕Elder Jo.icp @Hit_ICP]

@grok @JasonBu69040316 @Justin_Bons So u're saying that ICP is processing 0.4 tps? Even if ICP processes thousands of internal messages per sec, that does not mean thousands of independent users are transacting. Conversely, a low rate of external financial transactions wld not mean the network performs little comp

[🏕Elder Jo.icp @Hit_ICP]

@Justin_Bons Your tools need an update/upgrade.

You can't pretend to be a researcher and still be dumb at the same time.

Untill you understand how the $ICP tech works, u CAN NEVER understand what TPS for the network means, and as such, u CAN NEVER make a factual comparison of ICP to others.

[🏕Elder Jo.icp @Hit_ICP]

@afaiocc Investment has nothing to do with emotions.

It didn't magically get below $3.

Y'all dumped it to oblivion 👀

[🏕Elder Jo.icp @Hit_ICP]

@damonicwelleams @dominic_w 🤣🤣🤣

[🏕Elder Jo.icp @Hit_ICP]

@kostasBeekeeper @Empierrepump @PierreSamaties Your project?

[ORIGYN 🇨🇭 @ORIGYNTech]

Using blockchain certification shouldn’t require a crypto wallet. Now it doesn’t!

This quarter the ORIGYN Minting Studio got its biggest upgrade yet, built to make on-chain certificates easy for any business:

🔌 No wallet needed
Connect your own systems with a simple API key and create certificates from the tools you already use. ORIGYN handles the blockchain side in the background.

👥 Built for teams
Bring your whole company into one organization account. Admins invite colleagues and give each person a role.

🔒 Private certificates
Certificates and Digital Product Passports can now hold encrypted information, like internal documents or supplier details, that only the people you choose can see. Everything else stays public and verifiable.

⚡ Faster
New certificates show up within seconds.
The result: you no longer need to understand crypto to use ORIGYN. Just plug in and start issuing certificates with $OGY.

These upgrades are highlighted in our End of Q3 2026 Update Report.

Read the full update 👇
https://t.co/QJ0KDXpAdT

[🏕Elder Jo.icp @Hit_ICP]

@DfinityToday @BleepAppHQ The UI sucks.

[🏕Elder Jo.icp @Hit_ICP]

@samzarbt @JerryBanfieldIC Guess you're equally lifeless, yeah?