1. Crypto

Dfinity Officially Launches Decentralized “Internet Computer”

After several years of waiting, the Swiss non-profit organization Dfinity launches “Internet Computer”, a decentralized network for computer computing.

At the heart of “Internet Computer” is a blockchain that allows you to combine the capacities of various data centers. According to the developers, the project can become the basis of a new, decentralized Internet. The launch of the network should take place on May 10.

“At its core, Internet Computer uses a blockchain that operates with unlimited bandwidth. This solves the “blockchain trilemma” – striking a balance between decentralization, security and scalability, “the Dfinity Foundation said in a statement.

The “trilemma” is solved using a special set of cryptographic protocols called “Chain Key Technology”, which the developers themselves call a “scientific achievement”.

The Internet Computer is controlled by a special algorithmic system called the Network Nervous System (NNS). It is she who allows you to combine distributed data centers into a single network. On May 10, NNS will launch an “initial unlock” process – the issuance of ICP tokens to manage the network.

Currently, the Dfinity project is supported by 48 data centers and 1,300 specially designed “host computers”. They are located in North America, Europe and Asia. The developers hope that by the end of the year 123 data centers and more than 4,300 nodes will be operating in the network.

“For 10 years, the technology community has recognized that the Internet Computer is on its way to one day becoming the main computing platform for building software. On its basis, you can build an “open Internet” free from the monopolies of large technology companies, “says Dfinity founder and chief scientist Dominic Williams.

Internet Computer was previously expected to launch in late 2020, but the launch has been postponed. In the middle of last year, Dfinity made the technology available to third-party developers.

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