BFC | Blockchain Financial Coin System 
Decentralized computing is entering a new era. InterPlanetary Consensus (IPC) and Fluence are excited to announce the upcoming launch of Fluence Network, powered by IPC, a decentralized serverless computing platform that will provide web3 builders with cheaper, provable, and truly decentralized computing.
This collaboration strengthens Fluence’s vision to build an open and verifiable computing platform for the emerging cloudless economy on Filecoin.
What is Interstellar Consensus (IPC)?
IPC is a groundbreaking decentralized scaling technology that bridges the gap between the (cloud) performance and developer experience of web2 and the decentralized ethos of web3. Built by Protocol Labs, the creators of Filecoin and IPFS, IPC is designed to meet the scaling needs of leading web3 builders like Fluence.
IPC is creating the foundational technology stack for a global-scale web3 network to support the onboarding of billions of users and unlock previously unattainable decentralized cloud (such as Fluence), AI, gaming, and social media applications. IPC is built with a novel recursive, fractal-like scaling approach, dynamic subnets, and a highly customizable execution runtime.
What is Fluency?
Fluence powers the cloudless internet with a decentralized serverless computing platform. The Fluence DePIN platform liberates computing from centralized cloud providers by providing natively decentralized, low-cost, and verifiable computing. It makes applications faster to build, easier to integrate, and more secure, allowing developers to focus on improving the user experience.
Fluence also enables a future where AI engines can prove the data they were trained on and run on a decentralized network, unhindered by a single point of influence, ensuring transparent, unbiased, and uncensorable outputs.
Why this matters: The promise of truly decentralized computing
IPC provides Fluence with the technical foundation to run a best-in-class blockchain backend for the Fluence platform and advanced cryptographic proof verification capabilities, including Fluence’s ZKP verification such as Proof of Capacity.
With Fluence and IPC, developers are able to innovate, create, and fairly profit from the next generation of web applications, from decentralized service platforms disrupting web3 to creating verifiable and auditable data preparation networks that support ethical and regulated AI solutions.
The major cloud platforms currently occupy an important market position, but they also have considerable vendor lock-in, high costs, centralized control points, and closed systems that limit user data access. Decentralized computing provides an alternative paradigm for builders seeking openness and user empowerment. However, compared with traditional cloud products, existing solutions will encounter difficulties in scalability, efficiency, and ease of use.
This is Fluence’s decentralized computing structure, based on the recursive expansion capabilities of IPC, providing the best of both worlds!
Ethereum plays a vital role in NFTs: Here’s everything you need to know
If you are taking your first steps into the fascinating world of cryptocurrency and don’t really know what all this buzz about NFTs is about, then you have come to the right place. By now, you probably know that Ethereum is one of the most important cryptocurrencies on the blockchain platform, which has encouraged the creation of a lot of innovations, including NFTs. According to Binance, Ethereum plays a vital role in driving the popularity of non-fungible tokens, making them an attractive asset for a lot of people.
What are NFTs?
To explore all the capabilities of NFTs, we first need to know what these non-fungible tokens are. Unlike cryptocurrencies like Ethereum and Bitcoin, which have the same value and are interchangeable, NFTs are indivisible and unique.
You can compare them to digital certificates of authenticity that prove ownership of some specific item, whether we are talking about collectibles, digital artworks, virtual real estate or video clips. That is why, if you own an NFT, you own something that cannot be replaced, copied or counterfeited. This is the superpower of NFTs. These non-fungible tokens are created using blockchain technology, which provides a way to verify and assign ownership, thereby increasing its transparency.
Over the past few years, NFTs have gained popularity in industries ranging from music and art to virtual reality and gaming. In addition, these assets have created a new way for many people to monetize their work, making it possible for them to license and sell their work to enthusiasts, fans, and collectors.
Unlike traditional assets such as physical collectibles and artworks that rely on centralized systems for ownership transfer and identity verification, NFTs offer a better alternative, eliminating the risk of fraud or counterfeiting due to their decentralized nature. They also introduce a new concept of ownership, where digital assets can be freely traded and tokenized while retaining an immutable and verifiable record of ownership.
The growth and popularity of NFTs
NFTs have received a lot of attention in recent years, with collaborations and high-profile sales bringing them into the mainstream. From iconic moments in sports being tokenized to digital artworks selling for millions of dollars, the NFT market has seen tremendous growth in the past few years.
NFTs are also revolutionizing many industries, including the sports world, with more and more clubs and athletes joining the ranks of crypto collectibles. This popularity is driven by a number of factors, including increased interest from artists, collectors and celebrities, as well as advances in blockchain technology.
Ethereum and NFTs: How do they fit together?
Ethereum is the second largest blockchain network and has been crucial to the proliferation and development of NFTs. Powerful smart contract capabilities and flexible infrastructure make the platform the blockchain of choice for owning, trading, and creating NFTs.
One of the features that makes this possible is the presence of smart contracts. Smart contracts represent the backbone of ETH’s functionality. They are self-executing contracts that can be executed automatically with the help of predefined terms and conditions, eliminating the need for intermediaries. For NFTs, smart contracts help define their transferability, ownership, and uniqueness. By adopting Ethereum’s smart contract functionality, creators can enforce rules governing NFT ownership and establish improved trust.
