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ICP: Pioneering the Future of Blockchain with Reverse Gas, Trustless AI and Revolutionary Chain Fusion

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ICP: Pioneering the Future of Blockchain with Reverse Gas, Trustless AI and Revolutionary Chain Fusion
Business

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ICP: Pioneering the Future of Blockchain with Reverse Gas, Trustless AI and Revolutionary Chain Fusion

2024-11-18 23:35 Last Updated At:23:55

SINGAPORE, Nov. 18, 2024 /PRNewswire/ -- The landscape of blockchain technology is witnessing a significant transformation as multiple platforms rush to implement features first pioneered by the Internet Computer Protocol (ICP). Most recently, Sui's announcement of "reverse gas" - a feature ICP introduced in May 2021 - underscores a continuing trend of innovation adoption from the Internet Computer ecosystem.

Pioneering Technical Leadership

"The Internet Computer has consistently led blockchain innovation, often years ahead of the market," states Aaron Ting, Co-founder, ICP Hub Singapore. "While others are just beginning to implement features we introduced in 2021, we're already delivering the next generation of blockchain technology - from trustless AI to true chain fusion."

Revolutionary Firsts in Blockchain Technology:

1. Chain Key Cryptography (2021)**

2. Subnet Architecture & Scalability

3. Native Web Integration

Breakthrough in Trustless AI

ICP stands alone as the only public blockchain capable of running AI models directly on-chain:

"While others talk about AI integration, ICP is the only platform actually running neural networks as smart contracts," explains Francis Hor, Tech Lead, ICP Hub Singapore. "This isn't about connecting to external AI - this is true, trustless, decentralized artificial intelligence."

Revolutionary Chain Fusion

ICP's chain fusion technology represents a paradigm shift in cross-chain interoperability:

Market Impact & Validation

The technology's impact is reflected in its adoption metrics:

Looking Forward

ICP continues to push the boundaries of what's possible in blockchain:

"While imitation validates our innovation, we remain focused on advancing the technology frontier," says Aaron Ting, Co-founder, ICP Hub Singapore. "The features others are implementing today represent just the beginning of ICP's technological roadmap."

About Internet Computer Protocol

The Internet Computer represents the third major breakthrough in blockchain technology, following Bitcoin and Ethereum. It introduces revolutionary concepts that fundamentally transform what's possible in decentralized computing, establishing new standards for scalability, speed, and functionality.

Additional Resources

Follow ICP:
Twitter: @dfinity
GitHub: github.com/dfinity

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

ICP: Pioneering the Future of Blockchain with Reverse Gas, Trustless AI and Revolutionary Chain Fusion

ICP: Pioneering the Future of Blockchain with Reverse Gas, Trustless AI and Revolutionary Chain Fusion

Next Article

Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards

2024-11-18 23:16 Last Updated At:23:35

DUBAI, UAE, Nov. 18, 2024 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce an Ethiopia-only limited time offer for Bybit P2P users. From now to Dec. 5, eligible makers and users on Bybit P2P can choose a special rewards track while capturing opportunities in P2P trading.

Registration is required for all three events:

1. Merchant-exclusive Event

On Bybit P2P, users may enter the P2P Maker Battle for a share of a 2,000 USDT prize pool. Merchants may get a share of the prize pool by placing a sell ad in the Ethiopian Birr (ETB) on the Bybit P2P marketplace, inviting others to buy USDT.

The prize pool will be divided by the top 10 merchants who trade with the largest number of unique users, and complete a minimum trading volume of 5,000 USDT and minimum number of 50 unique buyers. To qualify, the Merchant must register and submit their UIDs using this form.

2. Cashback Event: Up to 2% for Existing Users

All buyers have a chance at an easy win from another 8,000 USDT prize pool.  Existing P2P users may simply trade to reach a minimum of 500 USDT in trading volume to unlock 2% cashback, up to 10 USDT per user.

3. Sharers Get More 

Users have another way to access a 2,000 USDT prize pool by using the "share" button to  spread the word about their ETB journey on Bybit P2P. The top 10 participants with the highest views will get to tell their stories and take home the rewards. Interested users may use this form to submit their work.

P2P trading is an organic part of the crypto market and an indispensable tool for improving financial inclusion and interconnectivity between community members. Bybit P2P provides a secure and user-friendly peer-to-peer trading solution, enabling users to seamlessly trade among themselves at zero fees.

Bybit offers resources about posting trades on Bybit P2P, and Ethiopian users may visit here for more.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com 
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit's Communities and Social Media

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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards

Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards

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