TL;DR
- The DFINITY Foundation presents a detailed work plan for Internet Computer (ICP), a rapidly growing blockchain backed by significant investors.
- The new plan focuses on nine key areas, such as decentralized artificial intelligence, on-chain privacy, and interoperability with other blockchains like Ethereum and Bitcoin.
- ICP’s development is expected to address the challenges of on-chain AI execution, as well as improve developer experience and enhance security and privacy for users.
The DFINITY Foundation has unveiled a detailed work plan for Internet Computer (ICP), a revolutionary blockchain that has experienced exponential growth in recent years. Backed by major investors such as Andreessen Horowitz and Polychain Capital, ICP stands as a leading ecosystem in web3, with a current value of around $6.3 billion.
The new work plan focuses on nine key areas, including decentralized artificial intelligence, developer experience, on-chain privacy, and chain fusion, among others. Each of these areas has specific objectives aimed at driving the development and adoption of Internet Computer.
Brace for impact 🚀
🥁 Unveiling the Year 4 Roadmap and key milestones for #ICP, the only 3rd-gen blockchain
🚩 9 focus areas including DeAI, Chain Fusion, Compute CapabilitiesThe World Computer is all set to bring all services and operations on-chainhttps://t.co/oHokVYF1Wx pic.twitter.com/nPIhH3P7sf
— DFINITY (@dfinity) May 16, 2024
A key point of the plan is the planned integration with blockchain networks like Ethereum, Bitcoin, and Solana. This will enable ICP to interact with them, opening up new possibilities for the development of decentralized applications and interoperability between chains.
Regarding the field of decentralized artificial intelligence, ICP is expected to address the challenges of AI training and inference on-chain, offering solutions that solve trust and security issues in the AI domain.
Internet Computer: The Future of Blockchain
Additionally, there will be a strong emphasis on privacy and security, with the development of advanced identity authentication solutions and encryption protocols to protect user data.
There is also a focus on improving the developer experience, with initiatives aimed at simplifying the development and operation of smart contracts on the Internet Computer platform. This includes the introduction of tools and libraries to facilitate the development and testing process of decentralized applications.
The DFINITY Foundation has emphasized the importance of community involvement in the evolution of Internet Computer. Active feedback is expected from community members, who are encouraged to share their ideas and comments on the work plan, with the aim of building a stronger and more resilient ecosystem.
DFINITY is taking a step forward in advancing the development of more innovative blockchain technologies. With a focus on interoperability, privacy, and developer experience, ICP is expected to continue its growth and position itself as a leading force in the industry.