Internet Computer (ICP) Explained in 6 Easy Steps

Internet Computer (ICP) is the first blockchain network in the world that operates at web speed and offers unbounded capacity. The native cryptocurrency of the platform is ICP token.

1.When was it founded and by whom?

Internet Computer was created by Dominic Williams, the founder of DFINITY Foundation. Since its foundation in Zurich, DFINITY Foundation has improved ICP by various development activities. Williams began working on the blockchain platform in October 2016 and the Genesis block was created on May 10th, 2021.

2.ICP’s infrastructure

ICP has the third biggest blockchain network that comes after Ethereum and Bitcoin.

3.What does it offer to users?

ICP is a project that was created for the purposes of resolving issues about smart contracts computation and data scalability, running every data at web speed, ensuring efficient performance of data storage and processing tasks in addition to providing a powerful software environment for developers.

4.Can ICP be mined?

ICP is a type of token that allows mining activities.

5.All-time low, all-time high (ATH), and total supply

ICP’s all-time low price was $20.08 on January 14th, 2021 while all-time high price was $737.20 on May 10th, 2021. Circulating supply of the cryptocurrency is 175,472,524 ICP and the total supply is 474,461,960 ICP.

6.How to trade ICP on Paribu?

By clicking on the link, you can instantly trade ICP.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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