DFINITY president notes 500% YoY ICP compute growth

Dominic Williams, chief scientist at DFINITY Foundation, shared major upgrades implemented across the Internet Computer blockchain protocol.

Williams shared an updated Internet Computer Internet Computer icp -3.22% Internet Computer deck detailing new developments on the self-styled “World Computer” decentralized network. Perhaps the boldest claim in the document said ICP-native applications boast cyber attack immunity.

ICP has also introduced automated processes for decentralized autonomous organizations and on-chain governance. In other words, an AI model can manage tasks when community members submit proposals.

AI DAO tools on ICP can also finalize the proposal’s parameters if it gains community approval, reducing the chances of human errors and code bugs. Williams and the DFINITY Foundation noted that these updates have significantly boosted on-chain compute on ICP’s network, with the updated deck highlighting a 500% year-on-year growth in this area.

DFINITY Foundation spun out from Ethereum’s community in 2015 and launched the open-source ICP protocol in May 2021. ICP envisions itself as a global decentralized chain where anyone can build anything. ♾️

Source: https://crypto.news/dfinity-president-notes-500-yoy-icp-compute-growth/ Show Less

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