Internet Computer is described as the world’s first blockchain operating at web speed with unlimited capacity. It also represents the third major blockchain innovation alongside Bitcoin and Ethereum, scaling smart contract computation and data, processing and storing data efficiently at web speed, and providing developers with powerful software frameworks.
What is Internet Computer (ICP)?
Internet Computer reimagines software entirely. It offers a revolutionary new way to create tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites.
The project was founded by Dominic Williams in October 2016 and has seen significant interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, including several key early Ethereum supporters.
In 2018, over 50,000 registrants received ICP service tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. On May 10, 2021, DFINITY made the Internet Computer public in a final step towards decentralization. This milestone signifies the internet now functioning as a decentralized global computer. The Internet Computer’s source code has been made public, and the ICP utility token allows tens of thousands of community members to govern the Internet Computer.
The goal of the Internet Computer is to expand the public internet, so it can also serve as the world’s computing platform. Today, the internet connects everyone and everything, but currently, systems and services are run on private infrastructure. The scientific breakthrough behind the Internet Computer includes dozens of advanced technologies such as new Consensus, Non-Interactive Distributed Key Generation (NI-DKG), Network Nervous System (NNS), and Internet Identity, encompassing Chain Key Technology.
Chain Key Technology consists of a set of cryptographic protocols that regulate the nodes making up the Internet Computer. It’s one of the fundamental breakthroughs behind the Internet Computer, allowing it to have a single public key. This is a significant advantage as it enables any device, including smartwatches and smartphones, to verify the authenticity of artifacts from the Internet Computer, which is not possible with traditional blockchains.
How to Buy Internet Computer Coin?
Internet Computer Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by transaction volume.
To buy Internet Computer Coin, one must first sign up for Binance and then send fiat currency. After sending a fiat currency like Turkish Lira or dollars, purchasing can be made in the Bitcoin (BTC), Tether (USDT), BUSD, and Binance Coin (BNB) ICP trading pairs.
Additionally, on Binance, users can place buy orders not only at market value but also at a lower value. To do this, use the Limit tab and enter the amount and price you want to buy at.