Imagine the froth when institutions realize that $ICP is the only project that solves for true Web 3 and the “bad chart” narrative is no longer in play.
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ICP is not competing with other blockchains. ICP is a next-generation decentralized cloud that provides tremendous value to other chains. The ability to run end-to-end software and AI on-chain eliminates dependency on centralized service providers. @Hedera is the first chain of many to realize this. Welcome aboard $HBAR community! P.S. Shoutout @integral_wizard for the original infographic that explains the difference between Web 2.5 and Web 3. This image is my own simplified take on it.
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It’s amazing to see the disconnect between ICP’s capabilities and its price. The asymmetry is astounding. One day price will lift off and it will never come back. All it will take is a mainstream name adopting it, which is inevitable. If you’re holding ICP, you’re sitting on the most important software solution of the 21st century. True digital oil. ICP under $10 is a gift. Thank you God.
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Chat GPT knows…
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I just nearly doubled my ICP holdings.
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The argument against @Dfinity focusing on AI has been a popular one recently. I agree that ICP is a cloud first, but I think it’s critical that the next-gen cloud is capable of running and ultimately optimised for AI. I think leaning into AI right now is a no-brainer. ICP is the next-gen cloud. Dfinity is insisting that the next gen cloud is a smart-cloud, and I agree. AI should be embedded so deeply into the code of this network that it practically becomes an intelligent living entity. It’s smart-web or bust. If dfinity doesn’t build it, someone else will and they will win.
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Has ICP dominance bottomed? Nobody can know forsure, but I’m willing to bet it’s very close, if not already bottomed. 1000x plus to double digits is possible. The asymmetry is unbelievable.
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Holding $ICP now is what imagine holding $ETH in 2016 was like… but they’re actually executing on the world computer vision.
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There is currently only one place to build AI that is cryptographically secure and decentralized. The importance of these features is unfathomable. $ICP
Say hello to a massive acceleration of AI smart contracts 🧠 on the Internet Computer #ICP blockchain. Brilliant work by the @dfinity team has accelerated deterministic floating point instructions by 10X. We continue on our mission to run sophisticated LLMs as smart contracts 👊⚡️🔥 In the demo, image classification is now running 3X+ faster (across 3-4 blocks through consensus compared to 10-12 before). Naturally, the gas/cycles costs of AI inference has come down commensurately. The acceleration was achieved through broad low-level work, which includes commits to the public Wasmtime virtual machine implementation of WebAssembly. Coming optimizations will take us much further. The next optimization will include the integration of SIMD instructions into the smart contract execution environment, which will allow multiple floating point calculations to be performed in parallel through the execution of a single instruction. Something crucial: also in near sight, is the migration of the ICP smart contract environment from 32-bit Wasm to 64-bit Wasm, which will scale the number of AI model weights that can be loaded into contract memory from 2B to whatever is needed for sophisticated LLMs. Somewhat further away, is the provision of new APIs allowing canister smart contract code to export AI computations for accelerated processing on GPUs. This will require substantial work to address the challenges of achieving deterministic computation directly on the silicon, and for the community to agree a new public spec for node machines that pack GPUs, and to add compliant blockchain nodes to the network. Together, these improvements will unlock further orders of magnitude acceleration of AI smart contract inference (and potentially training). We believe that in the future vast numbers of AI models will run as smart contracts, which will prevent them being hacked (and thus the sensitive data they ingest being stolen), make them unstoppable, make them transparent, and where needed, allow them to run autonomously – for example for purposes such as KYC or EVM smart contract verification/certification. In the future, you will be able to have a conversation with a blockchain, and ask it to do reasoning for you. In this bright future, on-chain AI will be at the heart of Web3 – and to be clear, the Internet Computer's chain key technology will allow direct trustless integration with smart contracts on traditional chains such as Ethereum, Solana and NEAR. Join the #ICP mission to run the most impactful AI models on blockchain as smart contracts, and help make the Internet Computer the "everything computer." Join next week's Global R&D for details about the low-level deterministic floating point optimizations. Thanks for following 💪
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$ICP is solving problems worth hundreds of trillions of dollars. It will look so obvious in hindsight.
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$ICP is the strongest candidate for becoming a globally adopted decentralized currency. Change my mind.
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$ICP is a blue ocean
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You better believe Blackrock is getting ready to sink its teeth into $ICP.
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Be careful not to get lost in the technical details while missing the big picture. While everyone else is focused on blockchains that are making tweaks around the edges, $ICP is reimagining the future of software from the ground up.
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The visionary leadership and competency at @dfinity is unmatched in the crypto space. They will continue to cook for decades. Eyes on the prize.
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Added a new ghost to the collection
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How Nirvana Finance Works - Up-Only Technolgy Explained @nirvana_fi $ANA
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Thank you @BobbyO_ for being a beacon of clarity in a very murky landscape that is crypto education. Nobody is more persuasive in laying out why $ICP is the greatest opportunity in the planet. If you’re not watching his brilliant videos, you’re missing out.
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Smart cities are just the beginning. $ICP is creating a brilliant new upgraded foundation for the future of AI, voting, communication, payments, data storage, gaming, and software as whole. The internet 2.0 is the most important piece of infrastructure for the 21st century.
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The answer is $ICP And I voluntarily locked my holdings for 8+ years. Now I can sleep like a baby and not fill my mind with the endless sensational bullshit headlines and narratives of every other crypto project. None of it matters after discovering the blue ocean of crypto.
If I gave you $1 Million but said you have to invest it in something within the next week and can't touch it for 10 years What would you do?
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The rise of $ANA is I N E V I T A B L E. Here’s why I believe @nirvana_fi is the opportunity of a lifetime: a thread 🧵 👇
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$ICP is my ultimate #AI hold. An open source marketplace is cool, but what we really need is the infrastructure to support AI’s security, transparency, and functionality. What we really need is a smart web where AI can thrive.
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Snagged another one.
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For those who criticise ICP’s current limitations and level of adoption consider this: The Internet was born in 1983. When it was 3 years old (1986), it was slow, limited, and extremely niche. Only a select few nerds used it. Web 2 was born in 1999. When it was 3 years old (2002), social media didn’t even exist. True web 3 was born in late 2021 with the launch of ICP. It’s now 3 years (and two months) old. We’re dealing with revolutionary, paradigm shifting technology with a scope that’s difficult to fathom. Of course there are going to be growing pains and limitations. Yet, the technological foundation is clearly promising. If you think of Web 3 as a skyscraper, we’re still poring the foundation. Meanwhile everyone else is racing to build the tallest radio tower (token ledger). That technology is far simpler and so gets constructed more quickly, therefore creating the illusion that ICP is getting left behind. But with patience and diligence, true web 3 (ICP) will dwarf the size of web 2 by orders of magnitude while solving its biggest problems. Practically everyone faded the nerds who were early on web 1, web 2, BTC, and ETH. And now, the vast majority are fading $ICP. Fade nerds with a vision at your own risk.
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It was great meeting everyone at @ICPHUBS NYC! And it was awesome to see some big brain ideas that are being cooked up behind the scenes. And the socks… I mean come on. I’m blessed.
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What if I told you... This is the beginning of the greatest comeback story in crypto history? $ICP will change the world.
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95% of new businesses fail. The same will likely apply to Web 3 (projects built on $ICP). But make no mistake, there will be unicorns - projects that run to multi-billion dollar evaluations and beyond.
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How is it possible that $ANA's mathematically guaranteed floor price rises? It's simple. The protocol rearranges (protocol-owned) liquidity to provide a higher minimum price, locking in permanent gains. Study @nirvana_fi
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Don’t be like 99% of crypto X… They’ll all be so pissed when $ICP hits 4 digits because they had every opportunity to buy in single digits, but some anon told them it was a scam so they failed to do their own research. Be the 1%. Stop believing groundless opinions. DYOR.
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There’s a reason @SingularityNET is building on ICP. The vast possibilities for AI on the decentralized web have hardly begun to unfold.
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Replying to @dfinity @dominic_w
Wait till @kimbal finds out we’re working on a project that will flip ICP carbon negative at scale.
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I wonder if this has anything to do with the fact that $ICP is the only blockchain that can host full-stack applications and AI.
THE MOST ACTIVE CRYPTOS BASED ON THE #GITHUB DATA FOR 12 MONTHS $ICP $MINA $SUSHI $BTC $RBC $LINK $ATOM $CAKE $STORJ $XEC
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$ICP has cemented itself as the best option available for two of the hottest narratives in crypto (Bitcoin scaling & AI) and we’re just getting warmed up. This decade is going to be straight magic🪄
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I consider myself very open-minded. If I found a project more promising than $ICP, I would gladly shift my focus. I just haven't seen one after sifting through thousands. The internet computer and @dfinity are delivering orders of magnitude more value than any other project.
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It’s amazing to read through these comments. $ICP has the strongest community in crypto Why? Because the fundamentals are the strongest in crypto! The truth always wins eventually.
🏆THE ALTCRYPTO CUP! 🏆 | #AI Edition THE FINAL IS HERE!!! Today we have two huge #AI tokens in a head-to-head! @NEARProtocol $NEAR Vs $ICP @dfinity! YOU DECIDE WHO WINS THE TOURNAMENT!
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I had a lot of fun at @TheCubetopia ‘s parkour event! Well done guys. The amazing part is that I simply clicked a link and within seconds I was playing in a 3D multiplayer world. Zero downloads, bugs, or lag. And 100% on-chain. The future of gaming on $ICP is very bright.
Cubetopia community had a blast yesterday, playing our new Parkour game mode! 🏆🏃 Hundreds of people competed for a Cubetopia Island and two Cubetopia Pets NFTs, we congratulate the winners! 🏅 Public version with a variety of maps, points, prizes & leaderboard coming soon! 👀
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$ICP is in a league of its own. This is like comparing a rocket ship to a unicycle.
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99.9% of crypto projects will go to zero. Choose wisely.
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$ICP is not only the on-chain internet, but it’s also becoming the internet of blockchains. They call it the blockchain singularity for a reason.
Internet Computer as Zero Knowledge Proof verifier for Ethereum @VitalikButerin see demo 🔥 📺piped.video/watch?v=-mPoHPwc… Problem (ETH proof verification): – thousands of dollars, 30s Solution: – #ICP contract verifies – Informs #ETH contract via chain key – 2 cents, 0.2s
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Something that makes ICP stand out to me is the fact that it has an “event horizon”, meaning: Once a person reaches a certain degree of understanding about a project, they discover unshakable conviction for its success. An event horizon is the result of a singularity…
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Replying to @meta_pool
$ICP is the only blockchain that can: Host AI on-chain ✅ Host full-stack applications ✅ Read & write directly on other chains ✅ The internet of the future is being built before our eyes. Open them and you’ll see 👀
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Terrifying… AI is vulnerable to hacks if it’s not 100% on-chain. Web 2 safety measures are simply not enough. On-chain software, especially AI, will be the standard of the future. Only $ICP is making this possible.
📰NEWS📰 Researchers from Penn Engineering successfully hacked AI-enabled robots to override safety protocols. This caused the robots to perform harmful actions. The team shared their findings with AI companies, urging stronger safety measures.
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The future of software is: Secure Decentralized Intelligent Interconnected $ICP
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$ICP is the only protocol that solves web security. The world is starving for this technology.
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$ICP is already the best crypto based tech in the world, but the icing on the cake is that they have the biggest and best R&D operation in crypto, so their competitive edge keeps growing.
Hahahahahaha 700/1-2TB???? @dominic_w after 10-05 everyone in crypto will realize what this means $icp looking good for May
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$ICP is a paradigm shifting technology. The endless straw-man arguments against it are coming from people who are still thinking from the old paradigm (99% of the market). Paradigm shifts take time. Be patient. Once you see from the new paradigm, there’s no going back.
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I caved.
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One day, every mainstream crypto x feed will filled with $ICP bull posts and we’ll all be here like, “that’s what we were saying 300x ago.”
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$ICP is the only blockchain capable of hosting full-stack web applications and AI on Chain. Once you understand this, you’ll realize that ICP offers orders of magnitude more value than any other project. ICP is the foundation for the new cryptographically secure Internet.
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Replying to @KyleSamani
True for every chain except ICP.
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Replying to @DamiDefi
$ICP It’s the only blockchain in the world that can host AI models on chain. Must asymmetric bet in crypto.
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Nirvana's simulated sell-off has started. And guess what? THE FLOOR WORKS!
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Imagine if the base protocol for the internet had a token. What would be its valuation? Now imagine if the Web 3 had a token, and everything on it was tamper-proof and it included built-in compute, data storage, and web hosting, governance, and crypto payment rails. That’s $ICP.
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Replying to @BobbyO_
Well said. This is the self writing internet in its infancy. This is the worst it will ever be, and it will improve as the speed of AI. This is paradigm shifting tech. People fudding ICP now will be looked back on like like people fudding bitcoin in 2010, because it was “too complicated for the masses”. Open your eyes.
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$ANA crushing everything on @RandomTask555‘s watchlist on every timeframe. Not surprising but still… wow 😮
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Replying to @dfinity @dominic_w
👀
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Here is some evidence that @dfinity is carefully listening and responding to their developer community. Once again, this organization is demonstrating industry leading competence on every level.
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$ICP is the most capable blockchain. In fact, it is the only blockchain that can host full-stack application. There is infinitely more to build. Devs get it.
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Just watched The Big Short for the first time… I gotta say, the parallels between the 2008 financial crisis and the current crypto market are alarming. Sure the market can go much higher, but eventually, there will be a reckoning. 99% of crypto projects are hot garbage disguised as innovation. The only exception to this are meme coins which (respectfully) wear their stupidity/simplicity on their sleeve, and the rare gems creating real value. For 99% of AI projects (and most crypto project in general), the real value they provide (if any) exists completely on web 2. The only reason they have a token is so the team can profit off naive speculation. The vast majority of this industry is house of cards driven by greed and fraud and it’s going to zero. That’s said, I feel very comfortable sitting in the rare few projects who are truly innovating and creating real value that’s built to last ($ICP and $ANA). If you know about a gem of a project creating real value and innovation, please share below, my mind is open.
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There is a tsunami of institutional demand coming for 100% on-chain dApp infrastructure. Once again, $ICP is the only technology capable of this.
Yes, you are 100% correct! Knowledge Token is entirely on-chain, on ICP. Even the AI functionality.
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100% on-chain is the only viable route for BTC scaling and programmability WITHOUT centralized intermediaries. $ICP is the only technology that makes this possible right now.
#ICP adds the missing smart contract layer to #Bitcoin ICP can directly read and write to Bitcoin, enabling dapps that natively interact with Bitcoin @JanCamenisch dives into why ICP is the most advanced BTC L2 at @festival_web3 Explore more here: internetcomputer.org/bitcoin…
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Replying to @ZssBecker
Alex, this is the best DeFi protocol ever created… play of the cycle imo. ✅ Mathematically guaranteed up-only floor price ✅ Loans with zero liquidation risk/interest ✅ Yield ✅ Deep Liquidity ✅ Paradigm shifting launchpad coming Here’s my explainer video: nitter.app/onchain_maxi/status/18…
How Nirvana Finance Works - Up-Only Technolgy Explained @nirvana_fi $ANA
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$ANA is on sale and BIG things are coming. You’ve been warned.
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Here’s the solution: Tokens that can’t go to zero because they have a mathematically guaranteed floor price and built-in liquidity. This is what @nirvana_fi offers and their permissionless launchpad is coming soon. It’s going to change crypto forever.
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Nirvana’s history is another piece of the puzzle that will make $ANA the best performing asset of 2025. Great write-up!
The Dogs 2 Cents: Nirvana I love today's focus, we’re covering a story that spans a protocol launch, a devastating hack, the first criminal conviction for DeFi protocol hacking, and a redemption arc that few would have thought possible. So what is it? @Nirvana_fi, a Solana-native project with a bold goal: to create a crypto asset that functions as a durable, self-sustaining store of wealth-one that avoids the structural flaws that lead most tokens to collapse when markets turn. It feels especially relevant at the moment as Nirvana has a $40,000 bounty open challenges people to break their mechanism- go try 👀: nitter.app/nirvana_fi/status/1902… Let’s break it down.
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$ICP is only blockchain where you can build full-stack software on chain. Every other chain requires building critical components on centralized cloud servers. This design is simply not secure or truly decentralized. There is a better way.
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Nirvana Finance Explained in one minute. $ANA @nirvana_fi
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I nearly doubled my $ICP holdings today below $9 thanks to @nirvana_fi . The best part is, I didn't sell a single $ANA token thanks to its brilliant zero-liquidation risk loans. Oh and I increased my 8-year neuron stake. #8YearsGang
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Replying to @ksicrypto
ICP it the best infrastructure for public systems. It’s the only place that cast full stack application on chain.
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Replying to @0xNairolf
How's this for an experiment? Nirvana Finance has created the first token with a mathematically guaranteed floor price (fully backed by usdc) that rises with demand. They created a live simulation of real Nirvana to coordinate a dump today and test the floor price. Take a look
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The crypto market is plagued with market manipulation, insider dumping, and liquidation cascades. Nirvana is the antidote. ✅ DEEP protocol-owned liquidity ✅ 0 Team/insider allocation ✅ 0 liquidations 📿 Mathematically guaranteed floor price.
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Replying to @web3icp
We’ll embrace him again. All roads lead to ICP, the great mother of crypto.
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Historic opportunity for buying $ICP right now.
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There are well over 5,500 people currently listening to this absurdly long town hall full of nerdy discussions during the most bearish week crypto has seen this year. The movement brewing at the heart of the $ICP community is incredibly strong. We will change the world 🌍♾️
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To be a L1 blockchain for AI, you must be able to run AI on the blockchain. Otherwise, you can really only offer tokenized gateways (which are still hosted on centralized servers).
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Replying to @seth_fin
Yes, $ICP is fast, but the real differentiating factor is that ICP is not just a token ledger (like every other chain), it is an infinitely scalable crypto cloud that can host full-stack applications (including AI) 100% on-chain. There is nothing else like it.
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If you're skeptical about $ANA's floor price, the team made a Nirvana clone that uses fake USDC. In 2 weeks, everyone will dump. If you can sell any ANA below the floor, you win $10k+. All participants earn a WL spot for their next product. Monks are locked in.
🌟LIVE NOW: Temple of the Floor Simulation!🌟 Our mission for the next 2 weeks: GROW THE SIMULATION & RAISE THE FLOOR! Buy ANA, leverage up, push that floor price higher! Then on April 7th, we crash it all to prove our foundation is unbreakable. 🛕Enter the Temple: fake.nirvana.finance/mint
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With a chart like this, $ICP is either a shitcoin, or the opportunity of a lifetime. I encourage you to block out every other person’s opinion and do thorough research on its fundamentals. Decide for yourself. That’s the only way to really know.
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Replying to @changing__tides
Nice fact check. I’m quite disgusted these vapid claims. To say that hosting on-chain application is your ambition would be great but to claim you can do it when you you can’t is simply false advertising. It’s only a matter of time before the truth catches up.
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@nirvana_fi is getting some much deserved attention. Once we pull off the fake ANA coordinated dump and the floor price holds, many will start to see $ANA for what it truly is - a next generation store of wealth. Grab some fake USDC and join the fun! temple.nirvana.finance
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I pilled a noob last night on $ICP. I made myself so bullish. So grateful to wake up to this dip .
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The biggest innovation to wealth storage since Bitcoin (any nobody is talking about it). @nirvana_fi $ANA
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Although I can never be certain about the future success of $ICP, it’s crystal clear that the Internet Computer is in the most promising initiative in the world to revolutionize the software space. Nothing else comes close.
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You know we’re onto something when we’re all onboarding our moms. Nirvana is Love.
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As the crypto market turns darker, The stars will become more visible. $ICP
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How about the first AI agent running DeepSeek fully on chain $PANDA $ICP
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Since $AGIX recently announced that they’re building on $ICP, that means $ASI, now the biggest #AI crypto project in the world, is currently building on the Internet Computer.
1/1 🔒 Following the announcement of our merger with @SingularityNET, and @oceanprotocol to create the Superintelligence Alliance, let’s dive into what $ASI is, and what you can expect as a $FET holder 💡 Read the details 👇 fetch.ai/blog/superintellige…
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If you’re investing in any crypto besides innovative technology that solves real problems, you are simply gambling. DYOR $ANA $ICP
Still not paying attention anon? $ANA @nirvana_fi
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$ANA Dump incoming. That damn mathematically guaranteed ceiling price just makes pumping impossible. Only one direction to go
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It's time to #BUIDL on $ICP. for the past 3 years, I've been developing a next-gen charity token model that blurs the lines between investing and donating. This project can greatly impact the world, but I can't do it alone. If you'd like to get involved, DM's are open 🙏
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Many will look back on this in a decade and wonder how they faded one of the most powerful and important technologies ever created - the software singularity. Don’t be one of them. Keep researching until you’ve crossed the event horizon. $ICP
Crazy fact – 99.9% of people don’t understand what blockchains truly are. But, when you understand, you can see a future that's insanely bright 🌞 that runs far beyond defi and meme coins. I'm going to explain in this tweet... Three sections follow:- 1) The true nature of blockchain 2) The provision of near magical powers 3) The meaning of "blockchain singularity" Stay with me if you want to undertand! // The True Nature of Blockchain // To begin, you must grok that a blockchain is what can better be technically described as a "stateful decentralized network." If you're balking at getting your head around what sounds like hardcore technical term, don't panic – it's easy to understand, and the insight is well worth the amount of effort required. To advance on a short journey to understanding, we will start by considering, for a brief moment, the simple Morse Code protocol, and then add some modifications. As you may already know, Morse Code is a simple protocol for transmitting text over a link using a series of short and long pulses – audible beeps, flashes from a light, radio pulses, whatever... In Morse Code, 'S' is audibly communicated as beep, beep, beep, and 'O' as beeeep, beeeep, beeep. This means we can transmit "SOS" over a link by going beep, beep, beep <pause> beeeep, beeeep, beeeep <pause> beep, beep, beep. It's just a simple protocol that enables one party to send a stream of text – "data" – to another party. The protocol was developed to send text over electrical telegraph systems sometime after 1820. There would be operators who understood the protocol, who could both send text, and also transcribe received text, which their equipment transformed into audible noises for them (i.e. the beeps they listened to). It's a communication protocol that is "stateless." What that means is that messages are sent, and then the receiver does with them what they wish. Of course, in a sense, the operators on the ends of the line (the "peers") are maintaining some kind of state in their heads. For example, the operator hearing that the Titanic was sinking, might process that information in their head, and then decide to send back a message asking how long they've got before the ship will go down – but the protocol itself does not define how to maintain state, which would involve specifying how received communications should be processed and maintained. A similar situation exists with TCP/IP, the protocols that power the internet. When we connect to a remote person over Zoom, TCP/IP streams the video data over the network, and the Zoom app displays it. The people on the Zoom keep a state in their minds related to their interaction, which guides their conversation, but the internet is just streaming video data between them, and says nothing about what to do with the information contained. Early decentralized networks running over the internet, such as the BitTorrent file sharing network, used protocols that began to introduce the concept of some kind of shared state – albeit, one that is distributed across the computers of individual network participants, which is stored at their discretion. For example, the BitTorrent protocol makes it possible to get a listing of files stored on a peer's computer that they are sharing, and provides way for this knowledge to be propagated over its network. Crucially, the files ("data") shared by peer computers ("nodes") do not impact how BitTorrent's network protocol works, any more than the video streamed by Zoom affects what Zoom's protocol will do in the future. It provides a simple means for one peer to discover and request the files another peer is sharing, and what it knows about files shared by other peers, allowing for propagation of this knowledge. It enables file sharing but is oblivious to the files being shared. The files are not part of a state the network protocol itself maintains. Bitcoin rang in the changes as the first "stateful" decentralized network – something whose revolutionary nature well exceeds the concept of cryptocurrency. Going back to two people communicating using Morse Code: imagine if that protocol was updated, so that each party had to keep a record of the text received from the other, and that new Morse Code protocol commands allowed each party to request the other send back sections of text they previously transmitted – and that correctly behaving participants had to fastidiously record received text in case they were asked for it. Now we are moving towards a weakly "stateful" communications protocol involving just two peers. It's not decentralized since there are only two parties, and there's no way to know if text returned on request is correct (unless you kept a copy..). Now, imagine if the protocol was made decentralized, and when a new party joined, they could request all the text that had been previously transmitted from all existing peers. Assuming peers regularly updated each other about the transmitted texts they had seen, this would allow a rough *shared* corpus of text to be stored by the network. Whenever new text is transmitted, this would be shared amongst the peers in the network, and thus, future requests to return the corpus would include it. If the protocol requires that peers share texts they have seen, and the peers behave correctly, then we can say that the shared corpus (a "state") is being maintained by the network. But there are two problems: 1) the corpus maintained by the peers is inconsistent, since they transmit messages, and see shared transmitted messaages, at different times, and 2) peers can lie, sharing texts that were never sent, causing the network's state to become corrupted. There is no "source of truth" that describes what the correct state maintained by network is. We can make a few mild improvements without introducing a trusted intermediary – such as a server that might act dishonestly or go down – to maintain the corpus. For example, when a peer is asked for the network state, the protocol rules could require they sort the text messages they have accumulated by the identity of the sender, the time they were sent, which will make the state returned by one peer look more similar to the state returned by another peer, but still will not make them consistent, because the peers see messages at different times. And there's no obvious way to deal with adversarial ("faulty") nodes that share messages that were never transmitted, which will corrupt the state. This is where the fields of Byzantine Fault Tolerant protocols comes into play. These involves complex math and algorithms, but the good news is that you only need to know that math proofs have been created to validate they work – you don't need to understand their works. These protocols can guarantee that if a sufficient portion of peers follow the protocol rules (are "correct"), then a completely consistent network state can be maintained, and moreover, that faulty peers that don't follow the protocol's rules cannot corrupt this state (here we assume that transmitted messages are now signed using cryptography to prevent forgeries, and are really talking about the construction of a *consistent* state that everyone can agree upon). Such protocols have to address the network's participants seeing messages at the same time, which is unavoidable. They address this by creating a shared state that progresses through an agreed sequence of steps (or "state transitions"). Going back to Bitcoin, this is of course what we see in its sequence of blocks, which defines progressive updates to its UTXO set it uses to describe the various balances of bitcoin at different wallet addresses, and how it can be accessed. This shared network state is the Bitcoin "ledger." In this network, if Alice transfers some bitcoin to Bob by sending her "transaction" to her peers on the network, anyone in possession of the block containing her transaction can see that the transfer occurred, because the sequence of states is consistent, and that Alice cannot now send the same bitcoin to Carol and that Bob is thereafter in possession of the bitcoin. Bitcoin was the first true "stateful decentralized network," capable of creating a shared consistent state without a trusted intermediary, which resists adversaries – through the application of protocol math. Beyond the invention of cryptocurrency, Satoshi had created a decentralized network that hosted a ledger, where the data and all related computations lived *within* the network's protocol interactions. In this new type of network, peers might cache copies of the shared state, but the protocol defines exactly what the state should be, and maintains constraints regarding how it can be updated. Because the state, and computations that update the state, live within the protocol, and are restricted by the protocol, they do not depend on special trusted peers (computers) keeping definitive records. To corrupt computation and state, you must corrupt the mathematical protocol. This is completely different to BitTorrent, say, were a protocol command issued by one peer to another simply obtains state that it maintains. Byzantine Fault Tolerance means that If a peer is adversarial/faulty (or "Byzantine" in the arcane speak of distributed computing), then their incorrect responses are detectable and can be discarded by correct peers, and whatever these bad peers do, they cannot corrupt the state shared among correct peers. So long as the math is good (which requires proofs, that many protocols fail to produce), the network is invioable since math is not subjective and 2+2 always equals 4, not 5. Stateful decentralized networks also require other features that I will not cover in depth here. For example, participation needs to be gated some way to prevent an adversary adding so many peers that they break the "fault bounds" of the protocol math involved. This is what is referred to as "Sybil resistance," and a public network can create it in different ways. For example, Bitcoin uses proof-of-work, where costly hashing stands in for voting on a peer-by-peer basis. Ethereum uses proof-of-stake, where staked/locked ether is a stand-in ("voting by capital"). The Internet Computer has a decentralized permissionless governance system which defines the peers, which consist of standardized hardware nodes. In this network, these nodes must produce the correct number of valid blocks required of them by randomness, in a system of proof-of-useful-work, to continue participating. Despite using different approaches taken to "Sybil resistance," all three networks are "stateful decentralized networks." To understand the utility they try to provide, we can divide them by blockchain generation. Bitcoin is a First Generation network, where the network state is a simple cryptocurrency ledger that can be updated. Ethereum is a Second Generation network, which adds smart contracts (i.e. software and related data) to its shared state. And the Internet Computer is a Third Generation network where an evolved form of smart contracts can do general-purpose computation that can be used to create something like a social network, entirely on the network, without need for traditional IT. See where we're going? // The Provision of Near Magical Powers // Bitcoin showed us that shared network state and computation could be 1) tamperproof, which means that state can only be updated by computation initiated by correctly signed transactions, without backdoors and security that is inviolable, 2) unstoppable, which means that so long as there are sufficient peers running, it has 100% resilience, and 3) autonomous, in the sense that state and related computations do not rely upon a person, organization, or other intermediary. However, token ledgers are just the start of the story. Ethereum showed us that the technology generalizes to computation beyond simple ledgers by hosting smart contracts. For example, because the Uniswap decentralized exchange is hosted by the network, it is also tamperproof, meaning no cybersecurity systems are required to defend its state and operation, and every computation always only involves its correct logic/code, and is legally initiated. Furthermore, so long as Ethereum continues to run, its code can always be invoked, and it is therefore "unstoppable." Uniswap also demonstrates the power of autonomy: each particular version installed on Ethereum is unmodifiable, such that no individual controls the code and therefore cannot surreptiously modify logic to steal user funds. Uniswap has these properties because it exists within the Ethereum network's protocol interactions, rather than on a server or cloud. To subvert it, you must subvert Ethereum's protocol, which is mathematically secure (at least assuming the current Ethereum protocol is supported by mathematical proofs @VitalikButerin?). Stateful decentralized networks, then, provide utility that includes them hosting data and computation that is tamperproof, unstoppable, and supports autonomy. We can also add other useful properties such as being borderless, which is important in an increasingly globalized world, and in the case of smart contracts, composability. I could go on waxxing about whese wonderful properties, but — Standing back, and setting aside long-held assumptions about speed, scalability and efficiency limitations, its already obvious that stateful decentralized networks are really a completely new form of compute platform, and that on closer inspection, his new form of compute platform provides potentially overwhelming advantages. When you build a service such as a defi system, social network, or enterprise system on a stateful decentralized network, the service becomes tamperproof, and you don't need to protect it using fallible cybersecurity systems like firewalls, or anti-malware, because its data and computation lives inside mathematical protocol interactions, which precisely restrict what can and cannot happen, and its unstoppable. // The Meaning of "Blockchain Singularity" // The global cost of cybercrime is predicted to exceed 10 Trillion dollars in 2025, which will be 35%+ of the GDP of the United States. Cybersecurity is becoming a major problem of our time, like war and climate change, and is just one of the key problems that stateful decentralized networks, in their many manifestations, can solve for. Yet few have zoomed out. This is partly because of widespread misconceptions that blockchain networks have fundamental technical limitations, partly by a widespread preoccupation with speculative instruments like NFTs and memecoins within the industry, and partly the difficulty of seeing that pervasive and prevailing challenges like cybersecurity, might be solved. However, as speed, scalability, efficiency and other limitations are rolled back, stateful decentralized networks will increasingly provide a superior form of alternative tech stack. Instead of building system and services using server computers, clouds, virtualization, orchestration software, database servers, application servers, web servers, firewalls, anti-malware, and all the rest – humanity will build systems and services that are secure by default, which never get corrupted, which never stop running and need restarting, and in the world of web3, we will build things like autonomous social networks that run under the control of DAOs that provide transparency and deliver 100% ownership and full sovereign control to internet communities. Stateful decentralized networks – blockchains – will function as unstoppable decentralized and secure "serverless clouds," where anything can be built in forms that are vastly more secure and resilient. These clouds will also finally provide a route out of the complexity of the current IT stack. This is also important, because the world currently spends around 2 Trillion dollars a year on IT personnel, who now spend 95% of their time just chasing complexity. Meanwhile, it's clear that an Ethereum smart contract, say, exists within a highly simplified seamless environment, and for example persists its data without the need for things like database servers. Blockchain will become a stack that drives incredible IT personnel productivity through simplification. Third Generation blockchain chases these immense opportunities. It's a new paradigm that sees blockchain as humanity's new IT stack, upon which *any* system or service can be built with immense advantages. In the future, Third Generation blockchain will provide unimaginable advances in IT, solving for key problems of our time such as security, resilience and IT productivity, which many incorrectly assume are intractable. As I have shown in recent video demonstrations, you can run AI models as smart contracts on the Internet Computer *today* – having them do tamperproof and unstoppable inference. Third Generation blockchain will therefore play a key role even in this new arena of tech – in the future, AI models run by organizations will have access to their most sensitive data, and running them on blockchain can solve for the risk they get hacked. We will also come to heavily depend on AI in numerous ways, and therefore it's imperative that AI models have massive resilience against infrastructure failure, which blockchain again solves for. Plus in the realm of web3, oftentimes it will be essential that AI runs autonomously, which only blockchain can enable (for example, imagine an AI that verifies the Solidity code of Ethereum smart contracts, and certifies them; it's essential users will know the certifications come from the AI, not from some person, organization or other intermediary that they then have trust). At DFINITY, a large and eminent team of cryptographers, computer science researchers and engineers has been pursuing the Third Generation blockchain paradigm for years, and continues to make rapid advances – even though the Internet Computer network you see today already represents more than 1000 person years of R&D. We plan to continue this effort forever. We understand that is blockchain is stateful decentralized networking, the magical powers this essence unlocks, and why that makes blockchain the future of compute. As the technology advances, Third Generation blockchain is reinventing compute in realtime. Web3 social networks, social media and games are already running on the Internet Computer end-to-end, without the help of current/traditional IT such as server computers, cloud services and traditional platform software like databases and web servers. These services already host many thousands of users, showing how Third Generation blockchain networks can scale, and many of the services keep tokens inside, yet run hack-free without any traditional cybersecurity protections at all – speaking to the security revolution underway – while running autonomously under the full control of community DAOs. Third Generation blockchain is decentralized cloud that hosts tamperproof, unstoppable and optionally autonomous systems and services, with additional functionality that allows hosted service to for example to serve web experiences directly to users. It's performant, scalable and efficient, and rapid improvements continue on all key axes. I'm proud to say that this revolution in compute began within the blockchain/crypto industry, and is one of many gifts it has given the world. However, Third Generation technology will now quickly spread to the enterprise and government IT sectors, where system security and resilience, and the productivity of IT personnel are critical concerns. The UTOPIA (Unstoppable Tamperproof Open Platform for Independent Autonomy) venture will make ICP technology available for enterprises and governments that cannot build on a public network, because they need to control which peers/nodes process their data, allowing them to create the Internet Computer equivalent of intranets, which nonetheless interoperate with the public internet. Our purpose at DFINITY, and other Third Generation networks when they start to appear, is to reinvent compute itself. Our purpose is to get the vast majority of humanity's systems and services running on blockchain. The scope and importance of this endeavor is similar to that of AI, which field will also benefit enormously from the reinvention of compute. Sometimes our industry has become myopically focused on the speculative side of blockchain, and blockchain narratives designed to lure in speculators. We want to open people's eyes. Our industry is not just about that. Our industry is about the almost magical powers that stateful decentralized networks unlock within the world of technology. In the past, I have talked about "blockchain singularity." The term does not infer a future where almost everyone in the world will come to own a memecoin, NFT, or participate in restaking – or anything like that. It means is that the vast majority of systems and services that humanity uses will one day run on blockchain – in a process that will occur progressively over years, as our networks inevitably eat into the multi-trillion dollar tech pie. This is what I'm talking about when I say "smart contracts will eat the world" in presentations (riffing off a16z's expression that "software is eating the world"). Third Generation blockchain is our future tech stack. Once the nature of stateful decentralized networks is known, this much becomes obvious. The Third Generation blockchain will deliver exponential impact within the world of IT, through seminal advancements such as solving the cybersecurity challenge. So that's it for this tweet! Thank you for reading if you stayed with me this far. Join us reinventing compute using Third Generation blockchain that is stateful decentralized networking without limits. Everything on blockchain ⚡️💪👊
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I believe crypto will see a .com level collapse at some point. Which coins will be able to hold prices that are orders or magnitude higher than current prices AFTER the bubble pops?
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Replying to @brandonturp
This is why I love $ANA. It’s a true next-gen store of wealth that pays passive income.
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Replying to @LLuciano_BTC
Look into @nirvana_fi . It’s the biggest financial innovation since Bitcoin. Their store of wealth token, $ANA, has a mathematically guaranteed up-only floor price + yield. 🧠 genius team ✅ hardcore community 🎯 killer roadmap - (big revenue coming for holders) ✅$30M mc
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Soon, anyone will be able to launch a token with floor price on the @nirvana_fi launchpad.
Imagine launching a token that has a floor price.
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I’ll be here! My first in-person ICP event and first time in NYC! Anyone else going?
Station3NYC is thrilled to host the inaugural meetup for the #ICP community, as part of the Chain Chapters: ICP HUB North America Alliance, New York Chapter (I). @icphub_CA @icphub_US @ICPHUBS @quantumleaplab Join us for this exciting event!🗽 lu.ma/d29iqfwh
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Replying to @BobbyO_
That looks like strong evidence supporting market manipulation. I wonder when happens when they stop?
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Replying to @CrazyWorldTimez
Just increased my 8-year stake today!
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