🚀 NEAR vs. ICP (internetcomputer) : Two Big titans battling for dominance in the decentralized space. Which will revolutionize the future of the internet? #NEARvsICP #techbit

Founders and Funding: Near was founded in 2017 by Alexander Skidanov and Illia Polosukhin, with $1.1 billion in funding. ICP was founded in 2016 by Dominic Williams, with $166 million in funding.

Technical Approach: Near uses blockchain abstraction with zero-knowledge proofs, sharding, and proof-of-stake consensus, with over 215 validator nodes. ICP uses canisters (similar to Docker containers) for application deployment and proof of useful work, with around 500 validator nodes.

Tokenomics: Both Near and ICP have an infinite max supply with a 5% inflation rate. Near has over 1 billion circulating tokens and ICP has 464 million. Both projects have no upcoming token unlocks.

Adoption Metrics: Near has about 2 million daily active users, 1,137 monthly active developers, and a total value locked (TVL) of $300 million. ICP has 644 monthly active developers and an $86 million TVL, but lacks detailed daily active user data.

Project Overview: Near Protocol and ICP (Internet Computer Protocol) aim to provide a decentralized web3 architecture that allows decentralized applications (dApps) to offer a user-friendly web2 experience without relying on centralized cloud services.