ICP is going to be the core liaison to all protocols BC
A true seamless solution from Web2 to Web3 with WAsm.
URL as canister (ie smart contract) gives direct user interaction on chain.
Disintermediates Oracle.
Incoming - AI on-chain demo by @dominic_w#ICP#Web3#AI
THIS IS WHY YOU NEVER ALLOW THIS TYPE OF CONCENTRATION OF POWER;
OUR GOVT HAVE BEEN BOUGHT OFF, REGULATORS BECAME PROTECTORS OF A FEW LARGE COMPANIES WHO WOULD SHARE DATA AND INFORMATION ON YOU IN EXCHANGE FOR GOUGING AT A VAMPIRIC LEVEL.
AMZ, MSFT, META, GOOG, MA, VISA, TELCO'S, ANYTHING THAT ACTS AND BEHAVES LIKE A UTILITY, LIKE SPEECH, AIR, WATER, POWER, ENERGY, CREDIT CARD PROCESSING, INTERNET, PHONE, TEXT, EDUCATION, HOUSING, FOOD, BANKING, ETC.
TAKE AWAY VISA/MASTERCARD AND ITS NEAR IMPOSSIBLE TO SURVIVE WITHOUT YET THEY ARE ALLOWED TO MAKE 50% GROSS OP- MARGINS, META AND GOOGLE CHARGE 30% FOR REVENUE GENERATED ACROSS THEIR PLATFORM, (and none of these margins required any risk whatsoever, other than fines paid to the Regulators in the billions by ALL of them as a regular course of busienss for decades).
COMPETITION RULE; ANY VERTICAL OR INDUSTRY, MARKET THAT HAS LESS THAN 3 DOMINANT PLAYERS, (+50%), Ex; CREDIT CARD PAYMENTS, TELCO, SOCIAL MEDIA, CLOUD SERVICES AND STORAGE, BIG PHARM, ACCOUNTING, BANKING, ETC, IF 70% OF A MARKET IS CONSOLIDATED BY 3 OR LESS PLAYERS IT WILL NOT ALLOW FOR AN OPEN, FAIR, COMPETITIVE, AND INNOVATIVE MARKET PLACE, CREATING A NATIONAL DEFENSE ISSUE IN FACT; PLACING OUR BRAND IN THE HANDS OF A DOZEN COMPANIES IS INSANITY AND NEVER SPURS INNOVATION GOOD FOR THE MAJORITY RATHER THAN MANAGEMENT AND SHAREHOLDERS.
To give alt token buyers a fairer shake, I propose the following changes to @CoinMarketCap:
1) Show the diff between market cap, and fully-diluted market cap, as can reflect pending insider sales
2) Show the % of market cap sold off-market, above, and below, the current $ price
9 hot #blockchain consensus mechanisms:
▪️proof of work
▪️proof of useful work
▪️delegated proof of stake
▪️proof of history
▪️proof of authority
▪️proof of stake
▪️byzantine fault tolerance
▪️block proof of stake
▪️proof of coverage
New $ICP roadmap will be released on 10th May.
New storage layer ready for rollout which redesigned how canister states are stored on disk. Targeting to increase storage limit from 700GB to 1-2 TB.
Al optimization targeting to reduce cycles costs of floating point instructions by 10x by improving performance which will come soon.
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HTTPs outcalls on the internet computer $ICP refer to the capability for blockchain smart contracts to make HTTP requests to external APIs or web services. This means that decentralized applications (dApps) running on the internet computer can fetch data from external sources, such as weather updates, financial market prices, or any other relevant information available on the web.
Today, the majority of the world's API-accessible data, such as stock prices, football scores, IoT-related data, or crypto exchange prices, is hosted on Web 2.0 services, which is outside the secure on-chain walls of a blockchain. As smart contract software often relies on external web 2-hosted data to implement useful functionality, it is crucial that this data be accessible, first to unfold the full potential of smart contracts, and second, to pave the way for blockchain singularity, whereby the majority of computations run on the blockchain.
A common limitation of blockchain technology is that smart contracts can receive messages, but cannot send them to the world outside the blockchain. For example, typical smart contracts can receive messages, but cannot send emails and SMS's, nor can they query wikipedia or send HTTP requests to other services. Historically, this has been a blocker to most software developers diving into Web3. For this reason, obtaining off-chain data requires that a smart contract interact with centralized oracle services, which are in the hands of intermediaries, vulnerable to hacking, and subject to service fees.
HTTPS outcalls replace oracles
Canister HTTPS outcalls on the Internet Computer blockchain allow direct interaction with Web 2.0 and other blockchains without oracles. Canister smart contracts can make HTTPS outcalls to specified URLs to directly obtain off-chain data, or to interact with off-chain systems, such as Web 2.0 services or enterprise IT infrastructure.
I’m starting my first DAPP project on $ICP..
I think it will be big.. It will get big.. Follow me to stay up to date..
I’m sinking my own $ICP into the project, not raising moneys..
90day count down