📲 Insider Information in my Socials 👉
🛒 20% Binance Low cost 👉
👕 “Bitcoin Evolution” Shirt 👉
🔥 My Insider Telegram 👉
~~~~~
📺Important Movies📺
How The Web Pc Works 👉
Threshold Relay Defined 👉
Chain Key Know-how Defined 👉
Community Nervous System Defined 👉
Binance Walkthrough 👉
~~~~~
– TIMESTAMPS –
0:00 Intro
1:38 What’s The Web Pc?
4:52 How Does it Work?
7:38 The Community Nervous System
9:40 ICP Tokenomics: ICO
11:26 ICP Tokenomics: Use Circumstances
14:27 ICP Value Evaluation
17:25 Web Pc Roadmap
18:54 Is it A Crypto Venture?
21:52 Conclusion
~~~~~
⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️
► Dfinity Basis Crew:
► The Web Pc’s Earlier Milestones:
► Dfinity Basis Open Source Coverage:
► Web Identification App:
► Neural Community System Governance Powers:
► ICP Tokenomics:
► ICP Vesting For Early Consumers:
► Web Pc Information Middle Explorer:
► Dominic Williams Web Pc Roadmap Medium Publish:
► Endorphin Cell Telephone OS By The Dfinity Basis:
~~~~~
💻What Is The Web Pc?💻
When the Web Pc was based, it was often known as Dfinity, and it sought to take Ethereum’s world laptop thought to the subsequent stage by turning into, nicely, the web laptop
The attention-grabbing factor in regards to the Web Pc is that in contrast to different good contract cryptocurrencies, the Web Pc goals to switch the complete web stack, not simply the appliance layer
⛓How Does The Web Pc Work?⛓
Customers don’t must pay any charges when interacting with canister purposes until it’s one thing that requires transactions like a decentralized alternate or lending
One other main distinction between the Web Pc and different cryptocurrency blockchains is that you simply require one thing known as an Web Identification to work together with purposes on the web laptop
⚖The Community Nervous System⚖
The web laptop’s structure of information facilities, nodes, subnets, canisters and customers is managed by the Web Pc’s Community Nervous System or NNS
What’s attention-grabbing is that the NNS itself consists of a handful of canisters operating on a devoted subnet
💰 ICP Tokenomics: ICO💰
ICP has an preliminary provide simply wanting 470 million tokens and a reducing inflation charge that begins at 10% per yr. About 25% of those tokens have been offered to early retail traders
🛠ICP Tokenomics: Use Circumstances🛠
The ICP token is used for 3 issues: Governance of the Web Pc through the NNS, to pay for charges to run purposes and web sites on the Web Pc, and to reward community members
📈ICP Value Evaluation📉
ICP has slowly been shedding {dollars} and took a nasty beating when the crypto market skilled that flash crash a couple of days in the past. This may possible proceed as there aren’t many demand drivers for ICP
📅The Web Pc Roadmap📅
In January this yr, Web Pc founder Dominic Williams detailed a 20-year roadmap for the challenge. By 2040, the Web Pc hopes to be bigger than the common web
Attaining this on computer systems is barely half the battle, which is why the Dfinity Basis just lately introduced its plans for Endorphin, a brand new working system for smartphones at the moment in improvement
🤔Is The Web Pc Actually A Crypto Venture?🤔
The Web Pc seems to be fairly centralized – the Dfinity Basis hosts the NNS, offers the ‘standardized {hardware}’ required to run nodes, and appears to have many of the voting energy
~~~~~
📜 Disclaimer 📜
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who just isn’t a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific final result.
#Dfinity #ICP #crypto #blockchain #decentralisation
Source: Coin Bureau
42 Responses
Hope you guys like the breakdown. Took a bit of time to fully research this one but I am glad I did! Don't forget that you can follow me on my socials to get the content that you are not getting here 👉 https://guy.coinbureau.com/socials/
the big dump on release told me everything i need to know. Big pass for now
ICP
Insane Clown Ponzi
If you are still holding ICP you are a Clown.
I gotta laugh at everyone still holding this Shitcoin.
It’s still high in the rankings by MarketCap
biggest RUG of 2021
Great video Guy. I’ve learned a lot about ICP. ICP is now cheap since Genesis.
Can you make a video on Swapz app please
Whoop whoop
I thought this was a icp video
insane clown posse. Lol
You said in your 10 myths about crypto that crypto wasnt centralized. Then at the beginning of this video you tell us that crypto is in fact centralised.. righto
How does this compare to nkn?
Is ICP good crypto investment?
Creepy
1984
A fair summary. Shame you weren't as fair to Hedera.
So ICP thinks it's going to overtake Linux Android operating systems on smartphones? Yeah, big talk, but I will believe it when I see it.
Why do my comments get deleted: This project is as evil as building concentration camps in the 30ies. This shit needs to be erased from this world. If someone invests in this he or she can NOT be my friend. Handle it the same or we will soon relive the horrors of Soviet Russia again – only this time in the west.
Icp was £350 now £30….. I'm in!!
A coin in my eyes with immense potential on par with ETH.
Wow. I scrolled down hoping for some more depth into some of the nitty gritty stuff that Guy had to breeze over for time and discovered one of the biggest shit show chemical waste dump comment sections I've ever seen. Congrats guys, you took a hyper-nerdy math + computer science + investment banking fringe project and kicked it straight into the gutter. I'm almost impressed.
One Ring to rule them all,
One Ring to find them,
One Ring to bring them all
and in the darkness bind them.
people don't know that meaning 'decentralized' hahahaha . It's not the number of early holders, it's the system format, idiots.
This coin is dead and founding team has withholding info and dumped a big bag when it peaked
Help me out
I'm all in, just $1500 worth and buy more again, can't wait to get higher….
Boycott this shit.
Will you be analyzing nano dimensions stock this week?
How is it decentralized if you have to buy the specific hardware form them?
Guy really spoke the truth. No wonder he drops the mic in the end🪂😂😂👏🚀 (ICP down by 95%)
De-decentralized internet ! Well done guys ..
Lost most of my money in ICP coin.
Incredibly well presented!
Awesome video. Had been very curious about this project as it purported to offer an end to end decentralized internet. And while the tech is certainly impressive decentralization does not appear to be on offer.
ShibToTheMoon!!!! We went from "gold/silver" to "paper/digital" money, (for the non believers, ask your self) so why not to "Crypto" money? I love crypto currency! Crypto currency is the future!
ICP = Insane Clown Posse coin… Magnets.. how do they work?
More like pump and dump shit
who ever created this was obviously smoking their own poo beforehand
This is the centralized Beast system of Revelation in the guise of blockchain anarchy
This would certainly inspire George Orwell something even more scary than 1984.
It's decentralized, because we can run full nodes from home. They could take out a chunk of the ISPs, but they can't take out ALL ISPs from everywhere in the world. That's decentralization. People also use TOR for their full nodes so there will always be some nodes running somewhere.
Wish you hadn't made this one Guy, it doesn't warrant the publicity. Going by its price performance even in a bear market (and the last couple of minutes of this video) & its highly centralised nature cant but come to the conclusion its a shitcoin. Wish I'd listened all the way through when you first made it last month.
Sounds scary though
I bought a couple tokens of ICP @$32. If it changes to open source, the potential value is massive, but I'm not sweating the loss if it doesn't.