Home Altcoins News Internet Computer Protocol (ICP) on Canister Smart Contracts Upgrade

Internet Computer Protocol (ICP) on Canister Smart Contracts Upgrade

Internet Computer Protocol (ICP) on Canister Smart Contracts Upgrade

Dominic Williams expressed:  The ICP on canister smart contracts upgrade has now gone LIVE on the network Code on the Internet Computer can now process tokenized value.

Previously, DFINITY Foundation expressed:  NNS Proposal 31471: Upgrade to enable canister smart contracts to transfer ICP utility tokens adopted NNS now exerting the will of the community and automatically upgrading the Internet Computer.

This important feature sets the stage for the explosion of advanced DeFi applications on the Internet Computer blockchain — by expanding support for all canister smart contracts to be able to hold and transfer ICP tokens.

Mixed Community reaction:  How does this affect the price? Anything positive affects the price. If it doesn’t well, you can try this.

Smart contracts is a great way to increase financial state, I have heard that Flux Protocol

also have smart contracts and provide dynamic fees for any scale of transaction.

Don’t expect SOL or FTM gains, but seems a project of this caliber should be doing better. Bear market on horizon will wreak havoc on prices- especially projects that have underperformed.

No Price upward since more than 6 months even after -95% dump.

ICP is way too slow to even host a google drive. In terms of its competitive utility with the actual internet, it does not exist. People are talking about creating metaverses on ICP but that is impossible because they don’t have that kind of data storage and imagine the slumped speed.

You should be aware that there are only 182.7 million in circulation. VCs and seed investors are still holding to many of them, including Dfinity. Dfinity Foundation plans on dumping theirs over the next few years.

There are certain things that Dfinity cannot control like the 6.3 million ICP coins set to be unlocked on the 10th and India’s crypto panic. But if you hold onto it for longer than 5 months you should be fine even with the inflation of coins coming in.

They suppress the price increase by increasing the number in circulation as the purchase increases. I wonder who will collect what they put on the market.

Since the creation of tokens is now available, will a Stablecoin ” USDI “, for example, be created as an alternative to USDT, BUSD, USDC? cheap transactions will make this currency popular. already many people use ICP to transfer funds between exchanges.

Mr. Williams I lost a lot of money because I believed in you. I know it’s my fault for believing you but still if internet computer was not a crypto I would have money in my bank.

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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