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Our analysis of the situation
The tech world has been abuzz with excitement as the DEFINITY Foundation, the mastermind behind the groundbreaking Internet Computer protocol, revealed an ambitious roadmap aimed at empowering artificial intelligence (AI) blockchain adoption.
Leading the charge as the native token of the network, ICP has certainly been making waves, firmly securing its spot among the top 100 cryptocurrencies. However, recent price fluctuations have prompted the Foundation to set its sights on revamping the token’s trajectory and bolstering the protocol’s capabilities.
Let’s dive into the roadmap and explore the key milestones that are poised to catapult the Internet Computer into the future. Picture this: Tokamak and Stellarator, two pivotal steps that promise to reshape the landscape of the Internet Computer platform.
Tokamak takes center stage by focusing on slashing latency, maximizing the block rate of each subnet, and introducing a game-changing synchronous ingress submission endpoint. Meanwhile, Stellarator steps up to the plate, elevating the storage layer to accommodate over 1TB of canister smart contract storage within subnet blockchains, all while enhancing the efficiency of the consensus layer.
But that’s not all – brace yourselves for an AI revolution! The DEFINITY Foundation is gearing up to integrate AI capabilities as smart contracts on the Internet Computer protocol, addressing the resource-intensive nature of AI training and inference. Imagine unleashing Cyclotron, a milestone set to beef up on-chain inference for larger AI models through power-packed performance enhancements in the WebAssembly runtime and inference engine.
As if that wasn’t impressive enough, the roadmap reveals Gyrotron, an exploration into the integration of AI-specialized subnets with GPU support, allowing for memory-intensive computations on-chain.
Buckle up, because ICP is set to break down barriers and bridge the gap with major players such as Bitcoin, Ethereum, and Solana through its Chain Fusion technology. Tritium swoops in to facilitate seamless interaction with Ethereum and EVM smart contracts, while Deuterium extends Chain Fusion support to burgeoning Bitcoin protocols. Helium takes the leap, enhancing Chain Fusion for the Solana network and unlocking the potential for dApps to flourish across both networks.
Fast forward to the governance frontier, where the Internet Computer is all set to implement not one, but two governance systems: the NNS (Internet Computer’s DAO) and the SNS framework governing individual dApps. With tokenomics strategically incentivizing voting participation and aligning DAO decisions with long-term interests, rest assured that decentralized decision-making and community involvement take center stage.
Now, for the moment you’ve all been waiting for – the numbers game. Although ICP has witnessed a remarkable 120% surge year-to-date, the current trading price of $12.05 stands at a 98% decrease from its previous all-time high of $700. As we eagerly anticipate the implementation of the roadmap and its potential impact on ICP’s price dynamics and adoption across diverse use cases, the future certainly looks promising.
Join us as we embark on this odyssey of innovation and transformation – the Internet Computer awaits, poised to redefine the realms of AI blockchain technology. Exciting times lie ahead, and the adventure has only just begun.
Disclaimer: Our articles are NOT financial advice, and we are not financial advisors. Your investments are your own responsibility. Please do your own research and seek advice from a licensed financial advisor beforehand if needed.
Image(s) are provided by Unsplash or other free sources. They are illustrative and may not represent the content truly.
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