What is INTERNET COMPUTER? ICP simple explanation

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2 years ago
Topics: Crypto

What is Internet Computer? By studying this project, I can say that it is rather difficult to explain how the ICP platform works. A lot of technical things, and its hard to understand and boring for regular people who invest and want to know the main purpose of this coin. Therefore, let me simplify my understanding of what ICP is and what are the features of this coin. The Internet Computer (ICP) is an open source, decentralized blockchain platform designed to extend the functionality of the World Wide Web. One of the main problems of blockchain projects is low scalabilit. This makes it difficult to launch complex smart contracts and high-performance decentralized applications. The team at the non-profit foundation DFINITY came up with a solution by creating an internet computer that can scale without limits.

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