What is Internet Computer
Internet Computer (IC) is the world’s first blockchain that is capable of running at web speed at unrestrictive capacities. Built by the DFINITY Foundation, IC aims to recreate the web by supporting smart contract development at scale and changing the way people can interact using web services. Internet Computer aims to extend the public internet, so that it can be the world’s computing platform, in a decentralized manner. Internet Computer sets to revolutionalize the design of the crypto economy, with an aim to overhaul traditional software services.
The project was founded in October 2016 by Dominic WIllams and have raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital and such. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking it a major milestone for ICP as it means the internet now functions as a decentralised global computer. This is marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token that allows tens of thousands of community members to govern the Internet Computer network.
ICP is Internet Computer's native token. It plays three prominent roles:
1. Network Governance: Users that participate in the governance will be rewarded with ICPI
2. Production of Cycles for Compute: ICP can be converted into cycles where it is used as the transaction fee to access the network. Cycles are burned after used.
3. Rewarding Users: ICP is used as the rewards to incentivize users to participate in the network such as securing the network.
Internet Computer vs Stoic AI Crypto Trading Bot
Predicting which cryptocurrency will ultimately lead the market is almost impossible
There’s no guarantee that Internet Computer (ICP) will still dominate in 5 years. A newer, more efficient technology could attract the majority of developers, users, and capital. Alternatively, a critical flaw in Internet Computer’s (ICP) design or ecosystem could hinder its progress altogether.
Instead of trying to predict the winner, a smarter approach is to diversify with a portfolio of potential contenders, including Internet Computer (ICP).
This is where Stoic’s AI-powered crypto trading bot comes in. Stoic uses hedge fund-grade quantitative research and advanced algorithms to build and manage a portfolio of crypto assets. By leveraging its automated trading bot, Stoic analyzes price data, returns, volatility, correlations, and other factors to identify coins with high growth potential.
The AI crypto trading bot rebalances the portfolio daily, cutting losses early and taking profits regularly. This eliminates the need for manual research and trading, making Stoic one of the best crypto trading bots for investors looking for a hands-free solution.
Over 15,000 people already trust Stoic to automate their crypto investing with cutting-edge bot trading technology. Whether you're new to crypto or an experienced trader, Stoic offers a seamless way to participate in the market with AI crypto trading.