vhiu.icp🐉

@vanhieu

447 Following

630 Followers

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Good morning Farcaster 🌏

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#ICP Tokamak throughput/latency improvements are INSANE. Many person-years R&D work 👏👏 #AlienTech 1 million X more scalable and efficient than anything else, contracts that process HTTP, with social networks onchain/others can't store phone photos. Relentless & more coming.

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$ICP burn rate has been going CRAZY since September. Sept 5th: 174,021 total ICP burnt Today: 472,849 total ICP burnt A 63% increase in ICP burnt in just 68 days🤯 Never in the history of ICP have we seen burn rates get to these levels. 🔥This rate equates to an average of ~4,394 ICP being burnt per day (~$38,891.59). The ICP ecosystem isn't just heating up... It's BURNING hot with constant growth lately.

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What is ckBTC on #ICP and why does it matter for Bitcoin? ckBTC, a multichain Bitcoin twin, powers DeFi use cases like lending, swapping, & yield: Plus: • Fast & cheap txs • More secure than traditional wrapped tokens • Decentralized peg in/out

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Many thanks to @MessariCrypto for the in-depth report about decentralized AI capabilities on ICP! 🔥

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it all starts with developers 👷⛓️ the # of smart contracts deployed on the Internet Computer went up by ~250k in the past month

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See Your Farscore Stats Frame by @nikolaiii 🚀

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#ICP’s Chain Fusion usage is up 13x thanks to the Bitcoin DeFi wave 🌊 Network activity across all ICP protocols jumped 150% YoY, powered by Bitcoin dapps like @rbo_protocol, @tap_protocol, @bitfinitynet & others. Read more on the growth and what's next

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GM. It's a beautiful day to explore the 50+ dapps on #ICP powered by Chain Fusion tech Dive into the #ICP ecosystem and download the Chain Fusion 2024 Report👇

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🌐 ICP Hits 4 Billion Blocks! In addition, ICP is routinely processing over 1.6 million ETH-equivalent transactions per second! 🤯 An ETH-equivalent transaction normalizes the work intensity of transactions across blockchains ⛓️ 🖥 Learn more ICP Wiki (https://wiki.internetcomputer.org/wiki/Not_all_transactions_are_equal) | See it live ICP Dashboard (https://dashboard.internetcomputer.org)

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Internet Computer research forum (left) Ethereum research forum (right) Research forum activity ≠ user adoption or business success But it does show that there are people in the Internet Computer ecosystem that engage in public discourse on a daily basis

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monthly fees on the Internet Computer are up ~30x from the start of the year.

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Let's see ICP burned in today ~14k ICP✓

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🚀 Dive into #SmartContract code on the Internet Computer! 💻 The default 𝗛𝗲𝗹𝗹𝗼, 𝘄𝗼𝗿𝗹𝗱! dapp uses two powerful canisters: 🔹𝗵𝗲𝗹𝗹𝗼_𝗳𝗿𝗼𝗻𝘁𝗲𝗻𝗱: Holds your dapp's frontend assets. This includes files such as HTML, CSS, JavaScript, React, images, and videos. 🔹 𝗵𝗲𝗹𝗹𝗼_𝗯𝗮𝗰𝗸𝗲𝗻𝗱: Stores all dapp's functions and core logic. This structure brings efficiency, decentralization, and scalability to 𝗱𝗮𝗽𝗽𝘀. Ready to build on 𝗜𝗖𝗣? 🌐✨ #ICP #Blockchain #DappDevelopment #Web3 #InternetComputer #SmartContracts

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#ICP has built a true World Computer where you can build anything—free from Big Tech and immune to cyber attacks ♾ Watch @dominic_w’s full talk

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$ICP aims to truly embody the ethos of Web3. This is by truly run Web3 applications on-chain without any Web2 intermediaries. Because of this we've seen an EXPLOSION in decentralized AI on ICP. It goes without saying, if they succeed it'll completely change the way we interact with crypto & Web3 completely altogether. With its AI-focused projects, ICP is positioning itself as a hub for AI applications. From truly decentralized storage, distributed compute power and native on-chain hosting of Web3, there's no better way to merge blockchain with AI. But of course, it's not just narratives for ICP. They've got the tech to back it up. This first starts with Chain Key technology & canister smart contracts, fully unique to the ICP ecosystem. Chain Keys are simply cryptographic systems that enable ICP to perform a plethora of cross chain operations all with a single public key. Canisters on the other hand are a huge upgrade from traditional smart contracts. From cross chain interoperability, scalabili…

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Web2 cloud laid the basic groundwork for distributed computing and storage. Now Web3 DePIN is going to finish what it started. Leverage the unified power of a global network instead of large individual centralized giants.

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One of the many ways to track if #ICP tech is being adopted (being used) is to track the "Internet Identity" growth. Even as it appears that most people are bored at the moment, the Internet identity is still growing in hundreds daily. New investors are coming in daily 👽😎

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