In Dominic Williams, Internet Computer @ DFinity: Got some breathing space, and created first neurons in Network Nervous System using max 8 year dissolve delay. Voting rewards just starting to trickle in. This will be mega. The right way to hodl ∞
Once “DFINITY’s Seed investors were stupid. Project has taken years. Total vaporware” Now “Seed investors got too good a deal! Centralized!” Once “Internet Computer node providers are stupid. Centralized” Soon… “Wait, there are how many!?!?!?”
All Time High ∞ for Internet Computer FUD Fact checks: It’s closed source = FALSE see It’s centralized = FALSE Control over network is decentralized via the Network Nervous System & its physical layer is decentralized and completely sovereign (no cloud).
The Chain Key cryptography frameworks that are already part of the Internet Computer should allow us to do this relatively rapidly. Watch this space for news about timeline.
The Internet Computer was inspired by the “world computer” vision and it is fitting that the two networks should be directly integrated using the power of Chain Key cryptography. They provide different things. By combining them, we will create something far more powerful.
Imagine Ethereum DeFi systems being able to offload high-throughput DEX functionality onto Internet Computer smart contracts, and use the network to securely serve a DEX user experience directly from the blockchain into end user web browsers.
This will be absolutely huge for Ethereum dapps and DeFi, which will gain access to unlimited low cost on-chain capacity, the ability to serve web directly to end users, end-to-end blockchain security, and much, much more. It’s a force multiplier, and it’s happening.
Internet Computer <> Ethereum BIG NEWS: I just gave the instruction to directly integrate the networks using Chain Key cryptography Internet Computer and Ethereum smart contracts will be able to *directly* interoperate, no hubs, no cloud, no bs One word. Transformative.
Pro tip in blockchain. To verify the substance of projects… Focus on: * TEAM COMPOSITION * – True team size (full time only) – 80% R&D or 80% marketing? – Number of cryptographers – Quality of resumes – Offices etc.
People cannot believe the results of new cryptography and science. Flat earth effect real! TO CONFIRM. On the Internet Computer Smart Contracts: – run fast – serve web into browsers – data only $5 per GB per year – authentication by device – unbounded capacity research & try ∞
Get the latest Crypto & Blockchain News in your inbox.