Compared to traditional IT infrastructure the World Computer - $ICP - provides immunity to cyberattacks, is unstoppable, and greatly simplifies the building and maintenance of web applications and internet services.
Moreover, it enables the creation of sovereign, decentralized applications that eliminate single points of failure and dependency.
Commenting on the milestone, Dominic Williams said, “We are proud to announce the advent of Internet Computer 2.0. The network now provides a unique cloud computing environment that enables AI to build solo. Today we demonstrated an incredible alpha version of the platform, which will be followed by a beta in about a month that will be released to the public. We are targeting a future where everyone in the world can create online functionality just by talking.” $ICP
Orthogonal persistence means that the state (data) is integrated within the logic (code), allowing applications to be updated without risking corruption or downtime. Williams explained that this breakthrough enables AI to write and safely evolve applications in production, even at “chat speed.”
The AI might hallucinate. That’s inevitable. But the platform must guarantee the data stays intact,” Williams explained.
$ICP ’s native architecture performs checks during migrations, ensuring that no referenced data is lost. This approach enables continuous improvement without the backend fragility that often plagues Web2 development.
if you bought something you don't know much about, but got into the hype, and it's not bitcoin; prepare to hold for a long time. the overstretched alt coin market might burst ~ with so many no-value replica cryptos selling purchased hype to desperate-gambling-addicts. when this re-imagined dot-com bubble bursts, and we're back with just bitcoin and the few decent projects (plus dogecoin for fun), this market might become the Promised Land
2. OneCoin – 2014–2019 - **Pure scam** – No blockchain, just a database. - Founder **Ruja Ignatova** (the "Cryptoqueen") disappeared. - **Losses**: $4B+ stolen.
3. Terra (LUNA) & TerraUSD (UST) – 2018–2022 - **Algorithmic stablecoin collapse** – UST lost its peg, causing a death spiral. - **$40B wiped out** in days. - **Aftermath**: Founder Do Kwon arrested (2023).
4. FTX Token (FTT) – 2019–2022 - **FTX exchange collapse** due to fraud (Sam Bankman-Fried convicted). - **Went from $85 → $1** post-bankruptcy.
5. QuadrigaCX (Canada) – 2013–2019 - **Founder "died"** (Gerald Cotten) with sole access to $190M in crypto. - Later suspected to be an **exit scam**.
6. PlusToken (China) – 2018–2019 - **$3B Ponzi scheme** targeting Chinese/Korean investors. - Team arrested, funds laundered via mixers.
8. Petro (Venezuela) – 2018–2020s - **State-backed scam** – No real adoption, used to bypass US sanctions. - **Worthless** today.
9. PayCoin (2014–2015) - **Promised $20 price floor**, then crashed to $0. - Founder (Josh Garza) jailed for fraud.
10. Titan (IRON Finance) – 2021 - **"DeFi bank run"** – Lost 99.9% value in hours due to flawed stablecoin design. - **Mark Cuban lost millions** investing in it.
when a crypto project relies on hype instead of usefulness, how do people know if the posts they read aren't part of a bot army using AI to spam content
own your own wealth $BTC , and own your own online data (including a LLM) $ICP , and feel free to gamble $DOGE , and I'm not quite sure what I'd do with the rest, personally. if there's anything else that anyone here buys because it brings value to their life, please let me know. I'm assuming it's all just hype-buying-hype musical chairs
Comparison of ICP (Internet Computer) and AWS via Landline vs. Cellular Analogy
1. **Hosting Flexibility: Fixed vs. Mobile** - **Landline (AWS):** Websites on AWS are hosted on centralized servers in specific locations, akin to landlines being physically fixed. Scaling requires manual adjustments (e.g., adding servers). - **Cellular (ICP):** ICP distributes hosting across a decentralized blockchain network, utilizing nodes from multiple data centers. Like cellular networks dynamically connecting to the nearest tower, ICP sites are "mobile" and resilient, with automatic scaling via blockchain consensus.
2. **Historical Precedence** - **Landline First (AWS):** AWS pioneered cloud computing (2006), much like landlines dominated communication for decades. It set the foundation for modern web infrastructure. - **Cellular Later (ICP):** ICP emerged in 2021, leveraging blockchain to address centralization limits, similar to cellular phones revolutionizing mobility after landlines.
3. **Feature Control: Blocking Mechanisms** - **Landline (AWS):** Traditional security (firewalls, ACLs) requires manual setup, akin to landlines needing external devices for call blocking. - **Cellular (ICP):** Native blockchain features (smart contracts, decentralized IDs) enable automated, granular control. For example, dApps on ICP can programmatically block malicious actors via consensus, much like cell phones block numbers with software.
4. **Functional Scope: Web2 vs. Web3** - **Landline (AWS):** Supports Web2 (static websites, centralized apps). AWS offers broad services (AI, storage) but lacks native Web3 integration (e.g., tokens, DAOs). - **Cellular (ICP):** Handles **both Web2 and Web3**, enabling decentralized apps (dApps), tokenized ecosystems, and on-chain governance. Like cell phones expanding beyond calls to apps and internet, ICP integrates blockchain functionality (e.g., trustless compute, decentralized storage).
5. **Scalability and Resilience** - **Landline (AWS):** Centralized scaling risks bottlenecks (e.g., server overload). Redundancy requires complex, costly setups. - **Cellular (ICP):** Decentralized nodes auto-scale, improving fault tolerance. Similar to cellular networks rerouting signals, ICP redistributes workloads seamlessly.
### Key Takeaways - **ICP** represents a paradigm shift toward decentralized, blockchain-native infrastructure, offering flexibility, automation, and Web3 capabilities. - **AWS** remains the entrenched Web2 solution, relying on centralized control but with unmatched maturity and service breadth.
Just as cellular networks didn’t erase landlines but expanded possibilities, ICP complements (rather than replaces) AWS, targeting use cases where decentralization, censorship resistance, and Web3 integration are critical.
There's no specific, publicly available number for the total number of websites running on the Internet Computer (ICP) platform.
The ICP allows for a large number of different applications and websites to be hosted on its network.
Here's why it's difficult to give a precise number:
Decentralized Nature: ICP's architecture is decentralized, meaning it's not controlled by a single entity. This makes it difficult to track all the websites hosted on it centrally.
Dynamic Network: The network is constantly evolving, with new websites and applications being deployed and older ones potentially being taken down.
Focus on Functionality: The ICP's primary focus is on providing a platform for decentralized applications and services, rather than acting as a traditional web hosting service. (This may change when companies with large databases are being hacked with ransomware, and IC offers better security)
(for holders, not traders) time to be serious realistically can you find any blockchain that has done more development for the cryptography industry than internet computer $ICP which spends income on developers instead of on influencers playing "under-sell, over-deliver" instead of playing "hype, replaceable"
Welcome to Binance OTC! Reach out to us at trading@binance.com, via Telegram (@binanceOTCTrading), or visit https://www.binance.com/en/otc for more information.