The $ICP burn rate is continuously increasing!! The ICP cycle burn rate just reached 635B Cycles burnt per second🔥🔥🔥 This means that 1 ICP is being burnt every 4 seconds!
Recently, the ICP community has been buzzing with a burn rate of nearly 300 billion cycles (burning 1 ICP per 14 second). This surge is mainly driven by bob.fun, which burns ICP to mint BOB. BOB operates as a blockchain on top of a blockchain, where participants must create canisters (smart contracts) on ICP to solve a puzzle. The first canister to solve it creates a block and earns a reward (BOB tokens). Currently, there are 6.7k mining nodes, and under this system, each node has a 3% chance of minting a block each day.
News update from #ICP $ICP $ DFINITY mentioned in Handelszeitung Handelszeitung, a leading Swiss magazine, has honored DFINITY for its impressive efforts in developing technology that reduces dependence on large technology companies and enhances on-chain data security.
*OpenChat supports Live Stream on-chain OpenChat has demonstrated the ability to manage long livestream sessions entirely on-chain, demonstrating the sustainability of ICP technology. Try it now.
ICP ranked by CoinMarketCap for AI and Big Data CoinMarketCap has recognized Internet Computer as a prominent competitor in the field of AI and big data thanks to the continuous efforts of its developers and community.
DecideAI Deploys GPT-2 LLM on ICP DecideAI has reached a major milestone with the fully on-chain deployment of GPT-2 LLM, opening up a new way to train and maintain AI models.
ckXAUT Goes Live on ICP The digital version of Tether Gold, which offers a real-world gold ownership experience, is now available on ICP.