| General information | |
|---|---|
| Global rank: | 25 |
| Name: |
Internet Computer |
| Symbol: | ICP |
| Current coin price (MGA): | 41 572.43 Ar |
| Last hour: | arrow_upward1.01 % |
| Last 24 hours: | arrow_downward-4.22 % |
| Last 7 days: | 6.05 %trending_up |
| Capitalisation (MGA): | 19 604 705 776 180.33 Ar |
| Volume 24h (MGA): | 382 716 638 235.58 Ar |
| Available supply: | 471 579 523.00 ICP |
| Total coin supply: | -1 ICP |
| Start date: | 2021-05-10 |
Internet Computer/Malagasy Ariary (ICP/MGA) price chart
Internet Computer/Malagasy Ariary (ICP/MGA) capitalisation and volume charts
Internet Computer is a blockchain-based project developed by the DFINITY Foundation. Its primary aim is to extend the functionality of the internet by enabling a decentralised environment where software and internet services can run directly on the blockchain without the need for traditional web servers and cloud services. Internet Computer aims to address limitations of traditional blockchains and cloud services by providing a scalable, fast, and secure platform. The project utilises a unique protocol called Chain Key Technology, which allows for high transaction speeds and efficient data storage.
Internet Computer is used for a variety of applications that range from creating decentralised applications (dApps) to building new kinds of tokenised internet services, social media platforms, and enterprise systems. Its infrastructure supports smart contracts that can run at web speed, store data efficiently, and scale to support any volume of web traffic. By offering these capabilities, Internet Computer aims to reduce costs and increase speed compared to traditional cloud services and existing blockchain solutions. The ICP token, which is the native token of the Internet Computer blockchain, is used for processing transactions, rewarding participants, and governing the network.
The Internet Computer project was created by the DFINITY Foundation, a non-profit organisation based in Zurich, Switzerland. The foundation was founded by Dominic Williams, who is a prominent figure in the field of blockchain and distributed computing. The DFINITY Foundation has a team of researchers, engineers, and developers dedicated to the project, with the goal of making the internet more open, secure, and less reliant on big tech companies.