Internet Computer plans to roll out BTC and ETH integrations by year-end
The slated integrations with Bitcoin and Ethereum would displace the need to use a bridge, which can open the network up to malicious actors. The Internet Computer has released a roadmap for 2022 and beyond, indicating plans to roll out integrations with Bitcoin and Ethereum by the end of the year. The Internet Computer is a public blockchain and protocol that allows developers to install smart contracts and decentralized applications (DApps) directly on the blockchain. It was incubated and launched in May 2021 after years of development by Dfinity — a nonprofit based in Zurich.The #ICP....
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Upon its launch, Internet Computer took the crypto market by storm. It’s an ambitious project, supported by some major names in the industry. Designed and created by the DFINITY Foundation, it aims to give more power to the people over the Internet, and it could potentially take it into a new stage powered by its platform. Now, the Internet Computer has taken another step into the future. Its community recently voted and approved the “Increased Canister Storage” as Internet Computer continues to integrate more features and upgrade its platform. Next, the community will use the power....
Dfinity Foundation’s Internet Computer blockchain has welcomed its first decentralized exchange named Sonic. The first decentralized exchange on the Dfinity Foundation’s Internet Computer blockchain went live this week, following up on the recent release of a new whitepaper. And according to information shared with Cointelegraph, there are already two other exchanges in the works. The first version of the new DEX called Sonic launched to mainnet on Sunday. There are initially only three pools for token swaps using its native token Internet Computer Protocol (ICP): InterICP/WICP (wrapped....
The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain. On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer (ICP) and Ethereum (ETH), users will have the ability to mirror and use any ETH tokens, fungible and nonfungible, on the Internet Computer blockchain and vice versa, effectively turning ICP into a layer-two scaling solution for ETH.The....
Internet Computer Price (ICP) is Dfinity’s solution to give users more control over the internet. Research firm Messari has compiled a report, written by Mira Christanto and Wilson Withiam, on this project. Launch less than a week ago, it has managed to smash its way into CoinMarketCap’s top 10 with a $36,312,740,874 market capitalization and […]
As 2024 continues to be a transformative year for the cryptocurrency market, Internet Computer (ICP) has been making significant strides, particularly in the realm of artificial intelligence (A.I.) and innovative product releases. With these advancements, many investors are keenly watching ICP for potential growth opportunities. However, alongside this tech-driven evolution, another token is catching the […]