Internet Computer - Replacing all of traditional IT with a blockchain | Dominic Williams | ep.68
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- čas přidán 30. 05. 2024
- In this episode, we're joined by Dominic Williams, the Founder and Chief Scientist of DFINITY, a major contributor to the Internet Computer blockchain.
The Internet Computer is a general-purpose blockchain that hosts canister smart contracts. It is designed to provide a World Computer that can replace traditional IT and host a new generation of Web3 services and applications that run solely from the blockchain, without the need for traditional IT. It can also play the role of Web3 orchestrator, by interacting with traditional blockchains.
In this episode with Dominic, we talk about the big vision behind the Internet Computer, and what the journey has looked like from initial idea to launching mainnet. Dominic walks us through the main technical innovations that have needed to be introduced to enable the vision for a true world computer, and we speak about the compelling real-world use cases that the IC can facilitate, and how adoption has been progressing for some of them.
Over the next hour, we cover the evolution of smart contracts, identity authentication, open internet services, and building tamperproof, autonomous, and sovereign infrastructure.
Tune in for a great discussion about restoring the Internet to its open, innovative, and creative roots.
Internet Computer’s dashboard on Token Terminal: tokenterminal.com/terminal/pr...
DFINITY: dfinity.org/
Internet Computer: internetcomputer.org/
DFINITY on X (Twitter): / dfinity
Dominic on X (Twitter): / dominic_w
Make sure to leave a comment if you have any questions 🙌
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Timestamps:
00:00 Introduction
02:01 Replacing the legacy IT stack
04:38 Building web3 services 100%
onchain, instead of on AWS
07:09 The inspiration for building a
World Computer
13:12 The problems with legacy IT &
rethinking our backend tech platform
14:22 Fulfilling the World Computer vision:
Funding, R&D, and attracting talent
18:32 A blockchain that plays the role of
cloud 3.0 will always be complex
19:28 Technical innovations:
Proof of useful work consensus
22:08 Technical innovations:
Chain-key cryptography
24:58 Technical innovations:
Reverse gas model
25:19 Technical innovations:
Canister smart contract framework
27:04 Technical innovations:
How blockchain became a cloud
28:23 Technical innovations:
Service Nervous System (SNS) DAO
30:14 Internet Identity
33:39 Building apps on the
Internet Computer
34:33 OpenChat
39:35 Chain-key tokens: a cryptography-
based replacement for wrapped tokens
41:00 True composability: linking together
all blockchains without bridges
…
…
Crypto redefines the way businesses are built and operated.
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#InternetComputer #DFINITY #ICP #Crypto #Blockchain #TokenTerminal #Fundamentals
ICP will be the next ETH
See you in 5 years
Why wait?
ETH + ICP = World Computer today
However, if you do wait:
All cryptocurrencies + ICP = World Computer in 5 years
5yrs we will see everyone fomo in😂
@@Ida12fw That's when I'll be selling out at the top... on the moon.
This is the next big thing, bigger then anybody can imagine yet.
Nedir mesela hedefi çok zarardayım ve zor durumdayım 3yildir bekliyorum lütfen söyler misiniz ne zamana kadar bekliyebiliriz
This project it’s incredible to be honest. Lucky we understood and got here early
Same - trying to snap more coins lol
ICPS the blockchain that is best positioned for real web 3.
Dominic Williams and CZ are the only two people who explain what they are doing, why they’re doing it for and provide a clear roadmap.
Good eyes! All the rest are anonymous or just plain marketing things they „will do“ via text or twitters.
ICP is free under $100 this is a $1000 plus token
This project is phenomenal. It wasn’t scrambled together in a yearor two like most traditional blockchains. The power of this blockchain will increasingly start to turn heads!!!❤
I knew I liked Dominic Williams. He created a game no way!! This guy just keeps surprising me!
Dominic needs to continue marketing ICP because many big tech companies like Amazon and Google will probably try to suppress the technology as it’s a huge threat to their model. It wouldn’t surprise me if SBF played into this.
One of the best pod out there, thank you for this!
Need to do an episode titled THE PUMPAMENTALS OF ICP🚀🚀🚀
Amazing it is like a secure internet. Incredible
The future for a fully decentralised world including gaming metaverse, clouding, and list goes on is ICP. I’m so bullish on this project long term. For Dominic he seems to be a very smart person. I would question the marketing on this project but they have a 20yr plan so I’m sure marketing is part of that too
Amazing project, I’m building something quite similar but using a combination of PoUW and PoS, as well as DAG for finality and TFHE based sMPC for block production and off-chain compute for canister contracts. I’m inspired by this project, great guy great team.
#ICP $ICP let's go!!!
awesome.
I have only been introduced to this project recently. I'm now selling off my less utility driven assets.
Very well articulated by Dominic. Will have to watch a few times to soak in all the info!
The edition of these videos to cut the pauses makes the person is talking to move like Max Headroom. I wonder how long the video would be without all that editing. Besides that, great content.
Dominic you are a rare genius ❤❤
IC will be huge. Join the bandwagon and start developing on the IC blockchain. Whenever I listen to or read about the IC, I go away and buy more ICP tokens.
😂😅😅😅 all of the audio cuts throughout the video. When Dom is excited, he can go for hours 🔥🐛✨
🙌🏽🔥🔥🔥🙌🏽
ICP Internet Computer and ckETH/ckBTC is so much more and exactly what so many people have been waiting for for many years, long before the Internet itself, and ICP fills exactly this gap as the introduction to digital currencies did back then ❤️🔥
Shiku Metaverse World from the Internet Computer ICP is a beginning of a true miracle
Thanks very much. This guy is a genius.
What a good interview
Hi guys, just new here. As I understand that ICP creating a cloud computing as AWS, right? So all the blockchains can run on it?
I need to hear this again.
Great job
Great interview!
❤❤❤ awesome
That was a great interview.
Is it possible to start our own ICP node? Where to begin??
if you own icp and keep it on the chain can you sell it instant if not staked? I need more details
I'm in. 1000x is stil possible for ICP!
1000x hedefin ne zaman gerçekleşir.
@@bayramgunce8231GFAL will make you a millionaire 🤗
Right now I do not understand what is #ICP really doing, but I am reading tons of ifnromation, we will see.
Interviewing Dominic Williams is like Interviewing satoshi nakamoto. 🎉 buy icp now cause it will go to 1000..
SUI the best token. 30 dollar this year
ye ye ye Marvellous
How fortunate for Bitcoin, Ethereum and soon Stablecoin we have ckBTC, ckETH and ckUSDT and a never ending quest for helping the entire Blockchain.
Şimdi yorumlara baktım olumsuz bisey görmedim lakin biri bana bunu açıklayabilirmi ben 3 yıldır bekliyorum ve 38$dan gördüm en son şuan 3$ benim maliyet 27$ ve ne zamana kadar beklenebilir bu coini. Hedef nedir yazarsanız çok memnun olurum.
why is the interview so much cutted in the video?
Usually you cut videos to make them shorter. In this video it seems the pauses have been cut.
So much editing in this video. Has Dominic got Tourettes? 😂. Great project, though. Thanks for giving it exposure
Privacy, you say😮 may I suggest talking with jasmy 😊 also before it's time ATM.
All comments look fake to me 😅
I have no idea what he's talking about. It seems inauthentic. No introspection. His team came from big companies.
It's scam from the beginning ant they only talk about their tech in the bill market scam scam
Unlimited inflation + sec security
Eth is inflationary too so is sol
ICP The worst performing crypto of all time 99.32% down from all time 30 Nov 2023
He should be in jailed after 5 years
What has he done wrong?
@@HolyChristos33smooth brain line-go-up bros still blaming him for price crash instead of FTX