Blockchain

Story: ICP (Internet Computer) – The New Kid on the Top 10 Block

By Sydney TheCMO

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If you are a cryptocurrency enthusiast, chances are that you noticed a new cryptocurrency called ICP, among the top 10 cryptocurrencies on Coinmarketcap.

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Internet Computer or ICP is a new network that markets itself as the third major blockchain innovation after the Bitcoin and Ethereum blockchains.

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Although ICP was listed this week on Coinmarketcap, the project has been around for five years. Its founder Dominic Williams created the project in 2016.

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More than 50,000 people registered to the project received the ICP utility token through an airdrop in 2018. The Internet Computer alpha mainnet went live in December 2020.

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Decentralization is one of the terms that are primarily associated with Blockchain and cryptocurrencies.

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ICP aims to be the protocol that facilitates the decentralization of the internet. To understand what this means, think of a decentralized exchange that does not lend itself to…

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The ICP is built to function at internet speeds, which likely means it will be fast, and it was also announced that it has support for decentralized applications.

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Information currently available on its website suggests that developers can use the Internet Computer instead of centralized servers to host websites and run other internet…

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Anyone who wants to trade ICP should first conduct intensive research into its nature and review the possibilities.

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ICP is already off to a volatile start. Its current 24-hour high is $390, while its 24-hour low is $330.

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If the project achieves its objective, then ICP might become highly valuable in the future. This might also be supported by the fact that it has a little under 124 million ICP in…

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On paper, this looks like a very good cryptocurrency to hodl, especially considering that it is still at an affordable price range.

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