As an experienced blockchain analyst, I find the new roadmap released by Internet Computer Protocol (ICP) both intriguing and promising. With three years of progress on its mainnet, ICP is positioning itself as a key player in the decentralized artificial intelligence (DeAI) and chain fusion space in web3.
The decentralized blockchain network, Internet Computer Protocol (ICP), has unveiled a fresh plan outlining strategies to advance decentralized artificial intelligence (DeAI) and chain fusion within the web3 realm.
The Internet Computer (ICP) has announced the release of its Year 4 roadmap in a statement sent to CryptoPotato, marking the third anniversary of its mainnet deployment.
ICP Releases New Roadmap
The newly unveiled blueprint encapsulates three years worth of advancements on ICP‘s mainnet and pinpoints key development sectors to establish the network as the go-to platform for Decentralized Artificial Intelligence (DeAI) and the coordination hub within the blockchain sector. While the roadmap covers numerous priority areas, DeAI and chain fusion are the most significant points of focus.
The DeAI roadmap outlines a journey for training AI models directly on the blockchain, shifting them from opaque black boxes that limit users’ understanding of how their data is being utilized. ICP‘s intelligent contracts, specifically engineered for AI applications, would optimize inference engines to enhance the accuracy, dependability, and speed of AI responses.
As an analyst, I can share that the Intelligent Contract Platform (ICP) is designed to attain several ambitious objectives and pioneer innovative applications using its advanced AI models. Some of these groundbreaking features include:
Dominic Williams, as the chief scientist and founder of Dfinity Foundation, plays a significant role in constructing ICP (Internet Computer Protocol). He is its primary developer.
“The Internet Computer represents the first and only public blockchain of the third generation. Its objective is to eventually achieve a ‘blockchain singularity,’ where decentralized blockchains become the standard technology infrastructure globally, capable of hosting secure and uninterrupted artificial intelligence.”
Dealing With Liquidity Fragmentation
Additionally, the ICP‘s chain fusion strategy is designed to enable seamless communication between ICP and prominent blockchain networks such as Bitcoin, Ethereum, Solana, and Ethereum Virtual Machines, eliminating the need for intermediaries.
As a crypto investor, I’m excited about the potential solution that chain fusion brings to the table. Instead of being fragmented across various blockchains with limited liquidity, this technology would bridge the gap and allow for seamless interaction between different chains. With ICP‘s advanced smart contracts, developers can build cross-chain applications, enabling them to read from and write to multiple chains at once. This not only increases efficiency but also tackles the tribalism often seen in the blockchain space, bringing us closer to a more unified and interconnected ecosystem.
“Williams announced that the DFINITY Foundation, led by its esteemed group of cryptographers, research scientists, and engineers, is moving forward with a new plan. This team is working on enhancements to make the network not only faster and more efficient but also more powerful than it has ever been before,” said Williams.
Since its mainnet debut in May 2021, ICP has experienced uninterrupted operation without any reported downtimes. It has processed approximately three billion blocks and amassed a total value locked at over $3 billion.
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2024-05-17 01:15