A Truly Decentralized Alternative - Dfinity’s Internet Computer

almost 4 years ago

Jack Martin reports in Cointelegraph that "Dfinity’s Internet Computer Could Be a Truly Decentralized Alternative".

Blockchain's revolutionary feature is decentralization. But, currently, most of the users are using web browsers through centralized could services to access decentralized services such as Dex, DeFi, and dApps. Dfinity’s Internet Computer is about to change that.

What is an Internet Computer?

The Internet Computer is a giant blockchain computer running on the public internet with a secure protocol that is tamper-proof and unstoppable.

"Code on the Internet Computer is held in canisters which essentially run forever and can be served directly from the blockchain into a browser as a user experience. This means that the users can be sure that they are interacting directly with the underlying blockchain."

“Bitcoin rewards electricity burning and proof of stake blockchains reward staking on a server, but this doesn’t work for scaling on the Internet Computer. Instead, the Internet Computer rewards data centres based on the number of computer nodes they run, providing a platform on which to scale."

"Dfinity recently opened up the Internet Computer to third-party developers with its “Tungsten” release. The final public release is scheduled for later in the year."

Will the Internet Computer open the way for true decentralization?

Source credit: https://cointelegraph.com/news/dfinitys-internet-computer-could-be-a-truly-decentralized-alternative