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Internet Computer (ICP)
Internet Computer (ICP)
Number of casinos: 616
Cryptocurrency Code: ICP
Website: internetcomputer.org
Max Supply: ∞
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Our Top 10 Favorite Ohioan Internet Computer Crypto Casinos
Our handpicked list of the top 10 Internet Computer casino brands for United States at the moment, suitable specifically for Ohioan players.
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The Origins of Internet Computer
From Vision to Revolution: The Birth of the Internet Computer
The conception of the Internet Computer can be traced back to the vision of the DFINITY Foundation, a pioneering organization founded in 2016 by Dominic Williams. The foundation's goal was clear: to redefine how the internet operates by creating a decentralized, infinitely scalable blockchain network. This vision was not just about improving current systems but about completely revolutionizing the way online services and applications are built and run. Williams, a cryptographer and computer scientist, believed that the existing internet infrastructure, which relies heavily on centralized servers and cloud computing, was outdated and prone to inefficiencies and security risks.
The Founding of DFINITY Foundation
The DFINITY Foundation was created in Zurich, Switzerland, but its ambition quickly expanded to encompass a global vision. With research and development hubs established in both Switzerland and California, as well as distant teams worldwide, DFINITY sought to assemble a diverse group of experts. This team included some of the brightest minds in cryptography, computer science, and blockchain technology. Their collective expertise became the foundation for the Internet Computer’s revolutionary capabilities.
The name “DFINITY” itself speaks volumes about the mission behind the project. It is a portmanteau of “decentralized” and “infinity,” reflecting the limitless potential of the platform the foundation sought to build. The vision was not merely to create a decentralized alternative to existing cloud services but to provide a platform where entire applications, services, and even the very infrastructure of the internet could be operated on a fully decentralized network, free from the control of large tech corporations and traditional IT systems.
Early Research and Development
From its inception, the Internet Computer project was grounded in cutting-edge cryptographic research. The idea of a truly decentralized “World Computer” was rooted in the belief that the future of computing must be decentralized. Traditional computing models were no longer sufficient to address the growing demands for speed, scalability, and security in modern applications. Centralized systems, particularly cloud computing, had become bottlenecks that limited innovation and introduced vulnerabilities.
The DFINITY team spent several years conducting extensive research to develop a new consensus mechanism and a novel architecture capable of supporting this decentralized world computer. The aim was to eliminate the need for traditional IT infrastructure, such as cloud computing, and build a system that could host services, applications, and even websites entirely on the blockchain. This would allow for a decentralized internet that could scale to accommodate not just small applications but complex, enterprise-level services and systems.
The Public ICO and Funding
In 2017, as the research phase was nearing completion, the DFINITY Foundation made a strategic move to accelerate the project by launching an Initial Coin Offering (ICO). The goal of the ICO was to raise the necessary funds to continue the development of the Internet Computer and bring it to a broader audience. The ICO was highly successful, and it played an important role in fueling the growth of the project.
Following the public ICO, DFINITY continued to secure funding through private fundraising rounds. In 2018, the foundation raised additional capital from over 100 hedge funds and venture capital firms, including some of the most prominent names in the industry, such as Andreessen Horowitz. This influx of capital allowed the DFINITY team to further expand its development efforts and attract top-tier talent from the world of cryptography and blockchain technology.
A Vision for the Future
What truly sets the Internet Computer apart from other blockchain projects is its long-term vision. While many blockchain networks focus on incremental improvements to existing systems, the Internet Computer aims to completely transform the way the internet functions. By leveraging decentralized technologies, the Internet Computer is designed to remove the need for centralized data centers, reducing the reliance on cloud service providers entailing of Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.
The Internet Computer also challenges the traditional notion of how blockchain networks should operate. It combines advanced cryptographic techniques with a novel consensus mechanism to create a blockchain that can scale infinitely, without compromising speed or security. This enables developers to design decentralized applications (dApps) that can process millions of transactions per second, without the limitations imposed by centralized infrastructure.
Ultimately, the Internet Computer is about more than just blockchain technology; it is about reimagining the internet itself. By granting a platform where developers can build decentralized applications and services, the Internet Computer offers a vision for the future where the internet is truly owned and operated by its users, rather than by a few centralized corporations.
The Path to Realizing the Vision
Since its inception, the Internet Computer has been in a constant state of development and evolution. The DFINITY Foundation continues to push the limits of what is possible with blockchain technology, constantly improving the network and adding new features to make it more accessible and powerful for developers.
Today, the Internet Computer stands as a testament to the vision of the DFINITY Foundation and the collective efforts of a global team of experts. It has already begun to impact the blockchain and technology landscape, and as it continues to grow, it holds the potential to redefine the way we think about the internet. The path to realizing this vision is long, but with the continued support of the development community and the ongoing research and innovation at DFINITY, the Internet Computer is on track to change the world of computing forever.
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The Popularity of Internet Computer
As the world continues to embrace the potential of blockchain technology, Internet Computer has emerged as a game-changer, capturing the attention of developers, investors, and tech enthusiasts alike. What differs it from other blockchain platforms is its ability to deliver full decentralization while offering unprecedented scalability, speed, and security. With the vision of creating a true “World Computer,” Internet Computer has positioned itself as the backbone of Web3, enabling developers to build decentralized applications without relying on traditional cloud infrastructure. This revolutionary approach has sparked widespread interest, particularly in sectors like DeFi, gaming, and digital content creation, where control over data and processes is increasingly seen as a necessity. The growing community around Internet Computer continues to fuel its popularity, drawing users who seek to be part of this blockchain evolution, and with its ongoing developments, the network shows no signs of slowing down.
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How Has Internet Computer Grown during the Years?
Since its inception, Internet Computer has rapidly evolved into one of the most innovative blockchain platforms. Its growth has been marked by technological advancements, strategic partnerships, and a steady expansion of its ecosystem. From the launch of its mainnet to the development of groundbreaking features like “Chain Key Crypto” and “canister smart contracts,” Internet Computer has consistently pushed the boundaries of what decentralized computing can achieve. As the platform gains traction, it continues to attract developers, investors, and users, reshaping the future of the internet.
- 2016: The Foundation is Laid: The journey of Internet Computer began with the establishment of the DFINITY Foundation in Switzerland. The foundation's primary goal was to develop the next generation of blockchain technology, capable of decentralizing the internet. The early vision was to create a platform that could eliminate the need for cloud services and centralized data centers. By focusing on scalability and security, DFINITY set out to create a “World Computer” that could support decentralized applications (dApps) at scale.
- 2017: Initial Fundraising and ICO: In 2017, DFINITY held its first public ICO, raising funds to accelerate the development of the Internet Computer blockchain. The success of this fundraising initiative allowed the foundation to begin building the infrastructure needed to support the platform's ambitious goals. DFINITY also attracted early investments from prominent venture capitalists, including Andreessen Horowitz. The ICO helped put the project on the radar of the blockchain community and generated excitement about its potential.
- 2020: Mainnet Launch: In 2020, DFINITY launched the mainnet of the Internet Computer, marking a significant milestone in its development. This was the moment when the Internet Computer truly came to life, offering a fully decentralized platform for building and hosting smart contracts. The mainnet launch was accompanied by the introduction of the ICP token, which serves as the platform's native currency. With the mainnet live, developers could start building decentralized applications without relying on centralized cloud services.
- 2021: Chain Key Crypto and Smart Contract Advancements: Throughout 2021, the Internet Computer saw continuous improvements in its technology, particularly the introduction of “Chain Key Crypto.” This innovation allowed the platform to scale without limit while maintaining security and efficiency. Additionally, the platform introduced “canister smart contracts,” which empowered developers to build more complex decentralized applications. These advancements solidified the Internet Computer's position as a leader in the blockchain space.
- 2022: Expanding the Ecosystem and Strategic Partnerships: In 2022, Internet Computer continued to grow its ecosystem, with a focus on building partnerships and attracting developers. The platform saw increased adoption across various industries, including DeFi, gaming, and social media. Strategic partnerships with major blockchain projects and companies further solidified the Internet Computer's place in the broader Web3 ecosystem. The foundation also introduced new features and updates to improve the scalability and functionality of the platform.
- 2023: Continued Innovation and Ecosystem Growth: By 2023, the Internet Computer had firmly established itself as one of the most advanced blockchain platforms. With new features like “Chain Key TX” allowing cross-chain functionality, the platform continued to push the boundaries of decentralized applications. The ecosystem expanded with more dApps, DeFi projects, and services being created on the Internet Computer. The continued innovation and evolvement of the platform attracted more attention from investors and developers, ensuring its future success.
| Year | Price (USD) | % Change |
|---|---|---|
| 2021 | $737.33 | +160% |
| 2022 | $6.80 | -99.08% |
| 2023 | $3.50 | -48.53% |
| 2024 | $8.00 (current) | +128.57% |
The price data is an approximation based on historical market data and might vary slightly depending on the source.
What are the Best Platforms to Trade with Internet Computer?
When it comes to trading Internet Computer (ICP), selecting a reliable and user-friendly platform is crucial. Fortunately, there are several well-established cryptocurrency exchanges where users can buy, sell, and trade ICP with ease. Popular platforms offer various features such as low fees, high liquidity, security, and a wide range of trading pairs. These exchanges provide both beginners and experienced traders with the tools they need to access the ICP market, whether it’s for short-term trades or long-term investments. Some platforms also provide additional services like staking and integrated wallets, making them versatile choices for the Internet Computer community.
| Platform | Features | Available Pairs | Fees | Rating |
|---|---|---|---|---|
| Binance | High liquidity, advanced trading tools, staking options | ICP/BTC, ICP/USDT | 0.10% spot trading fee | 9.5/10 |
| Coinbase | Easy to use, secure platform, beginner-friendly | ICP/USD, ICP/EUR | 1.49% per transaction | 8/10 |
| Kraken | Robust security, a variety of payment options | ICP/EUR, ICP/USDT | 0.16% maker, 0.26% taker | 8.5/10 |
| Huobi Global | Low trading fees, wide range of cryptocurrencies | ICP/BTC, ICP/USDT | 0.20% per transaction | 8/10 |
| OKX | Offers futures and margin trading, wide selection of tokens | ICP/USDT, ICP/BTC | 0.10% maker, 0.15% taker | 8.5/10 |
These are some of the most popular platforms. Keep in mind there are numerous other platforms with different fees, features and overall interface
How to Open an Account on Huobi Global and Find Your Internet Computer Address
Step01
Access the Huobi Global Website
Begin by opening your web browser and heading to Huobi Global's official site at www.huobi.com. Ensure you're on the genuine platform to avoid potential phishing websites.
Step02
Create Your Account
On the homepage, locate the “Sign Up” button at the upper-right corner and click it. You will be asked to leave your email address or phone number, along with choosing a strong passkey. After filling out the form, agree to the terms and conditions to proceed.
Step03
Verify Your Contact Information
Huobi will send a confirmation code to the email or phone number you provided during registration. Enter the code into the form to authenticate your contact details and move forward with setting up your account.
Step04
Activate Two-Factor Authentication (2FA)
For enhanced security, enable Two-Factor Authentication (2FA) by installing an app like Google Authenticator. This will add a layer of shielding to your account, helping prevent unauthorized access.
Step05
Complete KYC (Know Your Customer) Process
To comply with regulatory requirements, Huobi will ask you to verify your identity. You’ll need to submit a valid ID and a selfie for verification. The review process may take some time, but once approved, you’ll be fully set up.
Step06
Fund Your Huobi Account
After verification, log in to your Huobi account. Navigate to the “Deposit” section, search for Internet Computer (ICP) in the available assets, and select it. Huobi will generate a unique ICP deposit address for you to transfer funds into your account.
Step07
Locate Your ICP Deposit Address
To find your ICP address, go to the “Assets” page and select “Deposit.” Choose Internet Computer (ICP) from the list of supported assets. A unique wallet address will appear, which you can copy and use for sending ICP from any external wallet.
What Casino Games Can I Play with Internet Computer?
Internet Computer (ICP) is increasingly being integrated into the field of online casinos, offering partakers the opportunity to engage with a variety of blockchain-based casino games. Thanks to its powerful blockchain infrastructure, Internet Computer allows for the assembly of decentralized casino platforms where players can partake in a diversity of games in a fully transparent and secure environment. You can play traditional casino variatns like slots, blackjack, poker, and roulette, all of which can be enhanced by smart contract technology, ensuring fairness and immutability. Additionally, the innovative features of Internet Computer support newer forms of blockchain-based games such as provably fair dice games and decentralized live dealer experiences. These games not only offer an entertaining and potentially rewarding experience but also introduce a level of transparency that’s rare in traditional online casinos, providing a refreshing shift toward decentralized gaming.
| Crypto currency | Sym | Casino | Slots | Roulette | Baccarat | Poker | Blackjack | Live casino | eSports | Sports |
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ICP
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internet-computer-icp |
Interesting Facts About Internet Computer
Internet Computer (ICP) is a groundbreaking blockchain that has the potential to renew how decentralized applications are built and run. With its unique architecture and advanced features, it offers several fascinating aspects that set it apart from traditional blockchain projects. Here are some fun facts that mark the importance of ICP in the blockchain space.
- Decentralized World Computer: The Internet Computer is referred to as the “World Computer” because it enables developers to design decentralized applications (dApps) without depending on traditional cloud services. This revolutionary concept allows applications to run entirely on the blockchain, eliminating the need for centralized infrastructure. By using node machines installed in independent data centers, it ensures true decentralization and removes the control from a few centralized entities. This approach challenges the conventional model of cloud computing and paves the way for fully decentralized web applications.
- Unique Governance with NNS: The Internet Computer is ruled by a decentralized autonomous organization (DAO) called the Network Nervous System (NNS). NNS controls the entire network, including the configuration of node machines and subnets. By staking ICP tokens, participants can vote on important decisions affecting the network, such as updates and protocols. This decentralized governance model ensures that no single entity has full control over the Internet Computer, promoting transparency and fairness.
- Chain Key Crypto: Internet Computer uses a cutting-edge cryptographic protocol called “Chain Key Crypto” that enables seamless scalability and security. This technology allows the blockchain to combine multiple subnet blockchains into a single unified chain, making it virtually limitless in capacity. Additionally, Chain Key Crypto ensures that interactions with the blockchain are tamper-proof and can be verified without needing to download large amounts of data. This innovation ensures the security and integrity of the network while maintaining a scalable, high-performance infrastructure.
- Internet Computer Supports Web3 Innovation: ICP is at the forefront of the Web3 movement, allowing developers to build decentralized social networks, financial applications, and other services directly on the blockchain. With features like smart contracts that process HTTP requests and create interactions with other blockchains, it enables the creation of fully decentralized services. These applications don’t rely on centralized servers, offering users better privacy, security, and control over their data. This approach has the potential to reshape the entire digital ecosystem, shifting power from corporations to communities.
CasinoLandia's Conclusion About Internet Computer
Internet Computer (ICP) stands as one of the most ambitious and innovative projects within the blockchain space. By providing a platform that allows decentralized applications (dApps) to run seamlessly without relying on traditional cloud computing, it promises to revolutionize not only the cryptocurrency landscape but also the broader internet infrastructure. Its advanced features like Chain Key Crypto, decentralized governance through the Network Nervous System (NNS), and the ability to scale limitlessly make it a game-changer for developers and users alike. As a decentralized platform, Internet Computer brings transparency, security, and autonomy, positioning itself as a key player in the future of Web3 and beyond. For those interested in the evolving landscape of blockchain technology, Internet Computer is a fascinating project to follow. With its ability to support a wide range of applications—from decentralized finance (DeFi) to social networks—it is clear that ICP has the potential to reshape how we interact with digital services. As the ecosystem grows and more developers leverage its capabilities, the future of Internet Computer looks incredibly promising.
Author
Alexander Yanev | Content Writer