Internet Computer chain
Overview
Internet Computer (ICP) is a blockchain platform developed by the DFINITY Foundation, designed to extend the functionality of the public internet by hosting smart contracts and decentralized applications (dApps) directly on the web. It uses a novel consensus mechanism called chain-key cryptography to achieve high throughput and scalability, enabling web-speed performance for dApps and websites without reliance on traditional cloud services. The network’s native token, ICP, is used for governance, computation, and transaction fees.
Within the DeFi Intel graph, Internet Computer connects to 2 tracked entities, most strongly to Bittensor, Open Data Labs.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
competes_with | Bittensor | 70% |
partnered_with | Open Data Labs | 40% |
Frequently asked questions
What is Internet Computer?
Internet Computer (ICP) is a blockchain platform developed by the DFINITY Foundation that hosts smart contracts and dApps directly on the web, using chain-key cryptography for high throughput and scalability.
What is the native token of Internet Computer used for?
The native token, ICP, is used for governance, computation, and transaction fees on the network.
Which entity is Internet Computer partnered with?
Internet Computer is partnered with Open Data Labs.