About Internet Computer (ICP)
Internet Computer operates as an internet for organizations and individuals to interact with one another. It also enables them to utilize applications and software as they would on a centralized web platform such as Google or Yahoo, with one fundamental difference â itâs decentralized.
Developers can easily create and deploy software on the Internet Computer blockchain network, which in turn expands the network and applications functioning on it. Internet Computer acts as competition to centralized web platforms due to its speed, large data capacity, security and independence.
ICP is the native cryptocurrency that powers Internet Computer. It is also a governance coin used for staking, as well as to secure delegated decision-making power while leveraging power from associated nodes on the network. Decentralized finance (DeFi) applications can also find their home on the scalable Internet Computer platform.
Internet Computer differs from many other blockchains in that it does not operate on a cloud system but instead, on its own independently established hardware network independently managed by individuals; this increases security while still maintaining true decentralization. Internet Computer price is updated and available on Binance.