The Internet Computer – The Live Event for “Genesis”


The DFINITY Foundation is launching its long-awaited Internet computer on May 7th. You can find out what you need to know here.

After five years of intensive research and development by the world’s best cryptographers, experts in distributed systems and programming languages ​​and crypto entrepreneurs, the time has come: the Internet computer starts up and is connected to the public Internet.

Join the DFINITY Foundation and over 100,000 members of the growing Internet computer ecosystem at the “Mercury Genesis” launch event on May 7th at 7pm here in the livestream on BTC-ECHO and be the first to find out when and where the tokens of the third Blockchain innovations become tradable. In addition to a detailed overview of the technology of the Internet computer and its functionalities, the first applications running on it are presented. The event is entirely in English.

In order not to miss any more DFINITY events in the future, sign up here.

On Friday, May 7th, the YouTube livestream will be available here from 7 p.m.

What is the internet computer?

The Internet computer blockchain is reinventing the public Internet – the world’s first blockchain that runs at web speed and can expand its capacity indefinitely. In doing so, the Internet computer extends the functionality of the public Internet from a network that connects billions of people (via TCP / IP protocols) to a public computing platform that enables millions of developers and entrepreneurs (via the ICP protocol) to be revolutionary to build open internet services for the mass market as well as cross-industry platforms, secure company systems and websites and DeFi. All without the need for outdated IT such as centralized cloud computing services, databases and firewalls.

The Internet computer creates a decentralized protocol (ICP) that is mathematically secure and that combines the computing capabilities of thousands of independent data centers around the world into a unified, seamless public computing environment. These run at web speed and unlimited capacity.

What is the ICP utility token?

The internet computer completes the blockchain triumvirate – Bitcoin, Ethereum and the internet computer – and thus marks the three most important innovations in blockchain technology. These three decentralized networks complement each other and serve different purposes: Bitcoin (cryptocurrency), Ethereum (smart contracts) and Internet computers (blockchain computers).

As a native governance token, the ICP utility token plays three key roles in the network: firstly, to facilitate network governance, secondly, to pay for hosting software and, thirdly, to reward participation in governance or to provide calculations for hosting the network. During the event on May 7th, you will be the first to find out when the last decentralization step will take place and when the “Genesis Unlock” proposal will prompt the “Network Nervous System” (NNS) to release ICP governance tokens.

What is the Network Nervous System?

ICP tokens can also be used to participate in the governance system. The network of the Internet computer is controlled by an algorithm-based governance system called the Network Nervous System (NNS). Owners of ICP tokens can store them within the system in order to generate so-called “neurons”. These allow them to vote on proposals that affect the operation of the network. In return, they will then receive rewards in the form of additional tokens.

Since a holder of Neuron tokens has invested within the governance system, he attaches great importance to the fact that the correct proposals are accepted, as otherwise the value of the tokens could be negatively influenced. However, neurons can be configured to vote by following the action of other neurons they trust. This saves you from having to manually vote on each proposal – since a large number is received every hour.

Be there and join the third wave of blockchain technologies!

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