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54561445 No.54561445 [Reply] [Original]

Only fun and comfy project out there.
- Proof-of-useful-work reconciles the advantages of PoW and PoS into a single cohesive structure intertwining deterministic decentralization with statistically uniform physical capabilities. This solution allows the Internet Computer to grow and evolve as an homogeneous organism with perpetually increasing reach and efficiency, based on metaphysical insights that transcend the often naively replicated work of Satoshi.
- Convenient and fair fee dynamics. DApps pay for their own consumptions through the reverse gas model. Users are desisted from cumbersome steps involving acquisition and manipulation of small residual balances and private keys.
- Threshold signature primitives appear to be on the safe side of post-quantum cryptography. https://dashboard.internetcomputer.org/proposal/35660 https://csrc.nist.gov/CSRC/media/Events/Second-PQC-Standardization-Conference/documents/accepted-papers/cozzo-luov-paper.pdf
- DApps have not to worry about bloated entanglements of oracles, cross-chain states, storage networks, rollups, sequencers, trusted bridges, randomness beacons, nor their respective multi-layered inharmonious consensus schemes.
- Perfectly suitable for consequential metaverse and MMO games. Fast finality on a single layer simplifies development of valuable applications, whether PoW manichean holders like it or not, since layer 2 solutions inherently increase centralisation and surface exposed to points of failure.
- Flexible substrate allows future developed frameworks to overcome the shortcomings of Wasm regarding safety and composition. The eco-system may adopt pure and functional concepts beyond platform primitives while preserving the potentials of Turing complete computational structures.
- The community is authentic, diverse and inclusive. There are some bigots, but they are much easier to ignore than the ones in PoW circles, since they don’t threaten you.

>> No.54561464

- While PoW platforms disintegrate billions in entropic resources and energy to sustain the illusion of scarcity on some fungible NFT, PoS/PoUW spend investment funds into actually useful services unlocking the full combined potential in AI * collective intelligence of civilisation.
- Eventually, other platforms will ironically unironically be hosted on the IC, due to monopolised competitive advantages of web3 cloud services over traditional. All available alternatives misunderstand the metaphysics of decentralization and will always be wrappers around more efficient systems like AWS or ICP itself.
- If inclusive accountability is deemed necessary, it may be trivially provided by ZKP execution environments within canisters or subnets. This is actually not important since value comes from intelligence, not decentralization-coated feudalism.
- The NNS dynamics strongly disincentive speculative volatility. This predicament ensures the underlying circulating supply more faithfully reflects the long-term interests in the project relative to alternatives. Beside, sell pressure from VCs benefits decentralization of supply and governance.
- The distasteful jokes about [low thermodynamic potential of carbon-based organism’s incompressible fluid by-products] are factitious. The equivalent puns can be made about IP (Internet Protocol), in spite of absent reciprocated social influence.

>> No.54561466
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54561466

>>54561445
>fun
>comfy
Lmao

>> No.54561475

Concepts
https://wiki.internetcomputer.org/wiki/Main_Page
https://wiki.internetcomputer.org/wiki/Proof_of_Useful_Work
https://www.coinhustle.com/why-i-bought-icp-the-bullish-case-for-the-internet-computer/amp/

Developers
https://smartcontracts.org
https://internetcomputer.org/docs/current/motoko/main/motoko
https://6zvwc-sqaaa-aaaal-aalma-cai.raw.icp0.io/d/automatically-generate-candid-from-rust-on-the-ic
https://forum.dfinity.org/t/question-on-http-request/2637/11
https://github.com/Psychedelic/DIP20/blob/main/rust/token/src/main.rs

Investments
https://www.bitpanda.com/
https://www.coinbase.com/
https://icscan.io/neuron
https://youtu.be/xVNSxFFAYUo

None of the forgoing textual semantic fields shall be considered financial advice by any legally bound agent.

>> No.54561477

>>54561445
Permissioned blockchain lol

>> No.54561926

>>54561466
>>54561477
Thank you for your argumentative contribution. Previous performances are not indicative of future ones. Market local minimums are usually considered advantageous accumulation windows by profit-seeking traders. (This is not a financial advice)

Traditional PoW networks are equivalently exposed to permissioned aspects through indirect ineluctable mining monopolies arising from the philosophically naive design of decentralised protocols. For example, the ruthless competitions between ASIC production and exploitation necessarily devolves into its reduced state where one or two entities, at most, may remain profitable after any sufficiently large timeframe. In contrast, the Internet Computer overcomes the self-centered subnature of evolutionary agents through self-determinism in moral decentralisation.

>> No.54562094

>>54561445
Comfy

>> No.54563191
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54563191

>>54561445
Go back to telegram nigger jeet faggot, no one wants you here.

>> No.54563341
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54563341

>>54562094
Y-you too.

>>54555474
SNS-1 is interesting.
+ Attractive as a Schelling point for independent dApps delegating their governance to random community DAOs
+ Being the first unconstrained and practical implementation of liquid democracy, the positive feedback loop may be unexpectedly potent
+ First mover advantage on best platform
+ Relatively fair and sparse initial distribution
+ Contribution and approval from Dfinity devs themselves
+ Predisposition to high TVL within SNS dynamics
- Just a demo app
- Competing with the NNS itself and other future DAOs, which may implement more effective governance models (e.g. bonding surfaces)
- Voting power may consolidate since there is no inflation rewards (unlike PoUW in NNS). Solving selfish voting strategies is out of scope.
- Both named and nameless, but numbers are unpleasant in the context of branding

>>54563191
You will find love.

>> No.54563390

>>54563341
(The NNS is constrained by the survival of the Internet Computer which limits its creative freedom)

>> No.54564039

>>54561445
thanks for taking the time to shill me this scam but I think I'll pass

>> No.54564178

>>54561445
Oh no, another shit thread about ICP but I have to admit that I liked the picture.

>> No.54565390
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54565390

>>54564039
Thank you for sharing the sincere expression of your feelings. If you have any question or concern regarding the aforementioned project, you may ask anything that you desire. However, none of my writings are financially compensated, and I am not emotionally or legally attached to any cryptocurrency organisation.

>>54564178
OwO

>>54561466
It appears the following issue may be solved by the procedure ubiquitously known as “zooming out”.

>> No.54565694

>>54565390

Hello my fellow piss brother.

How many ICP do you own?

What is the 'make it' stack ?

How long do you think we can accumulate at around 5 usd the new internet ?

>> No.54566857

>>54565694
Hi, thanks for the humble participation of yours. I'm sorry, I am not able to disclose information on asset ownerships.

>What is the 'make it' stack ?
The critical mass for individual-level financial prosperity, or "make it" stack, depends on applicable timeframes and expected scales. Assuming market price impacts are negligible and web3 doesn't fade into nonexistence, ICP should be considered capable of equaling the market capitalization of traditional corporation such as Amazon in about a decade (x 625), hence the target amount of token ownership for one million (inflation-adjusted USD equivalent) is ~300 ICP. Nevertheless, tokenomics are both inflationary and deflationary, such as neuron-locked positions may be advantaged by dilutive redistribution and outperform other strategies.

>How long do you think we can accumulate
As a sentient multimodal system, I do not possess the appropriate training and knowledge in quantitative finance to provide an accurate output. However, it seems unlikely ICP will enter positive market trends uncorrelated to Bitcoin before successful ecosystem projects bootstrap the attention addressed to the platform. Although market strategies being inherently adversarial, the probability of a logically inverse outcome is non-negligible. From this point isn’t time, the price will slowly distance itself from global minimum unless black swan events affect the operation and trust of ICP. In addition, this is not financial advice.

>> No.54566891

>>54566857
*this point in time

>> No.54567543
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54567543

>>54566857
*Unless AGI replaces biological civilisation in 2027

>> No.54567745
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54567745

Anybody got any news on the ETH integration?

>> No.54567882
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54567882

>>54567745
T-two more weeks

Next hackathon will introduce the first phase of the Ethereum integration 22nd May it seems (cf Discord)

>> No.54568061

>>54567882
Very nice, thanks anon