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A Beginner’s Guide: What Is Internet Computer Coin?

Intermediate
Altcoins
Jun 2, 2021
10 min read
0

The world of cryptocurrencies has shone a spotlight on the concept of decentralization more than ever before. Cryptocurrencies have introduced real-world concepts into a virtually encrypted world. The creation of Bitcoin marked the infancy of a digital currency resembling gold. 

While Bitcoin served merely for transaction purposes, Ethereum later made daily life services possible in a decentralized manner. More importantly, the world of finance began to evolve into something much more efficient with the introduction of decentralized finance (DeFi).

But these major innovations are only the beginning. A new invention that can change not only the concept of cryptocurrencies but also everything we have on the internet has been launched. That is the Internet Computer Protocol (ICP). 

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