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ICP's Decentralized Governance and Functionality

ICP's Decentralized Governance and Functionality

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by Arif Mukhtar

2 hours ago


The Internet Computer (ICP) is making waves in the blockchain space with its innovative approach to decentralized computing. By leveraging independent operators and a unique governance model, it aims to redefine how applications are built and run on the internet. According to the official information, the project is gaining significant traction among developers and users alike.

Decentralized Network of the Internet Computer

The Internet Computer operates on a decentralized network of hardware, which is managed by independent operators. This setup enhances the network's functionality and scalability, allowing it to support a wide range of applications without the limitations of traditional cloud services.

Network Nervous System (NNS)

At the heart of the Internet Computer is the Network Nervous System (NNS), which facilitates self-governance and enables the network to implement updates autonomously. This decentralized governance model not only reduces the risk of single points of failure but also fosters resilience against censorship and downtime. This makes the network more robust and reliable for developers and users alike.

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