The post Internet Computer Protocol Unveils Year 4 Roadmap: Focus on Decentralized AI and Chain Fusion appeared on BitcoinEthereumNews.com.

As it commemorates the third anniversary of its mainnet debut, Internet Computer Protocol (ICP), a decentralized blockchain network that expands the capability of Web3 by overcoming the constraints of conventional blockchains and smart contracts, today announced the “Year 4 Internet Computer Roadmap”. The updated roadmap includes major areas of development aimed at positioning ICP as the hub for Decentralized AI and the blockchain industry’s orchestration layer, while also summarizing three years of progress. The Internet Computer blockchain, which was introduced in May 2021, has processed over three billion blocks, had zero outage, and amassed over $3 billion of value locked in the Network Nervous System (NNS) DAO, which governs the Internet Computer Protocol. The ICP ecosystem has seen similarly remarkable developer growth. Even though the ICP mainnet didn’t start until May 2021, according to Electric Capital, the number of developers in the ecosystem increased 12 times between 2020 and 2023. Furthermore, DMail, DSCVR, and OpenChat—some of the most popular crypto applications—are hosted on ICP. A number of significant milestones and important focus areas are outlined in the revised roadmap for the fourth year of ICP. The new roadmap features two of its main features: Chain Fusion and Decentralized AI. “The Internet Computer is the first and only public blockchain of the Third Generation”, according to Dominic Williams, the founder and chief scientist of the DFINIY Foundations. The goal is to create a “blockchain singularity,” in which completely decentralized blockchains eventually overtake other tech stacks worldwide, operate securely, and unstoppable AI. With a new roadmap in hand, the DFINITY Foundation and its distinguished group of engineers, research scientists, and cryptographers are advancing the cause and creating upgrades to the network that will increase its speed, effectiveness, and power. Decentralized AI The Decentralized AI (DeAI) roadmap from ICP outlines a course for on-chain training and operation of AI…

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Filed under: News - @ May 17, 2024 1:10 am