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Cryptocurrency News Articles

Dominic Williams: Reimagining the Future of Blockchain and AI With the Internet Computer Protocol

Jun 21, 2024 at 05:20 pm

In the rapidly evolving landscape of blockchain technology and artificial intelligence (AI), few visionaries have made as significant an impact as Dominic Williams.

Dominic Williams: Reimagining the Future of Blockchain and AI With the Internet Computer Protocol

Dominic Williams is the Founder and Chief Scientist of the DFINITY Foundation and the driving force behind the Internet Computer Protocol (ICP). In this exclusive interview, Williams shares his journey to founding DFINITY, the transformative potential of the Internet Computer Protocol, and the unique advantages of integrating AI with blockchain technology. He delves into the concept of Decentralized AI (dAI), its applications, and its crucial role in ensuring the integrity of AI training datasets. Williams also discusses the impact of AI smart contracts on Web3 and beyond, highlighting real-world examples and future opportunities for developers and researchers.

1. Could you start by sharing a bit about your journey and what led you to found the DFINITY Foundation and develop the Internet Computer Protocol (ICP)?

I’ve always been into computers, right from childhood. The interest peaked while pursuing my degree in Computer Science when I noticed the power of networked computers for the first time. One thing led to another and when I finally set out on my entrepreneurial journey in the mid-90s, I knew that I wanted to advance the area of distributed systems and the internet.

After university, I was looking to build a “GameCoin” to support the creation of a pan-game virtual goods economy, and soon found that the technology necessary to create a GameCoin was missing, owing to the need for fast transaction times, low cost, and massive throughput. I spent most of my work thereafter repurposing classical distributed computing consensus techniques for the blockchain setting, and in 2014, published a paper describing the Pebble cryptocurrency. It was the first serious paper to propose architecture and mathematics designed to support an infinitely scalable cryptocurrency using classical distributed computing science.

While working on Pebble, I proposed techniques to advance proof-of-work systems, and had become very involved with the early Ethereum community. Someone from that community came up with the term “World Computer.” My interpretation of that term was very different from the Ethereum community’s. I came to believe that a blockchain could extend the public internet with advanced “stateful serverless cloud” functionality. Consequently, my interests switched, my ambition grew, and I decided to pursue the creation of a World Computer.

I started using the term DFINITY for my work in 2015, which is short for “decentralized infinity.” My initial purpose was to support the creation of an Ethereum 2.0 or Ethereum 3.0. Eventually, though, the huge amount of research and engineering work involved in realizing the kind of World Computer I wanted to create, meant that it became its own project.

The DFINITY Foundation was created in October 2016, and in 2018, the foundation raised investments from hedge funds and venture capital firms, including an early crypto investment from the renowned VC Andreessen Horowitz, before they began creating crypto-specific funds. There’s been no looking back since then.

2. What initially sparked your interest in blockchain technology and decentralized systems?

My earliest connection to blockchain technology has to be from the late 90s when I was developing an online internet file storage system which relied on a cryptography library. This library had a link to a paper called b-money, which was an important antecedent to Bitcoin. I was intrigued by the concept, and it fostered my later strong engagement with blockchain tech. This preceded one of my earliest entrepreneurial exploits in building an MMO (massively multiplayer online) game for kids, which grew to 3 million users.

The service used a game server I created myself that could scale horizontally, just by adding new nodes, and was also the first major production system to use a now-famous database called Cassandra, which scaled similarly. This was a much needed learning curve as it allowed me to explore techniques related to scaling systems.

Over time, my natural inclination towards developing large computer systems gave me a high-level view of what kind of future platforms the world would need, and this became a driving factor in my founding DFINITY.

3. In what ways do you believe the Internet Computer Protocol will transform current Internet paradigms?

The Internet Computer enables a new and much broader Web 3.0 paradigm, which involves full stack decentralization, in which blockchain replaces Legacy IT and Web 2.0

The Internet Computer is created by a decentralized network protocol called Internet Computer Protocol that is by far the most sophisticated ever devised. The protocol is the product of many world-famous cryptographers, computer science researchers and engineers working at DFINITY. It is extremely complex, and relies heavily on novel distributed computing math, cryptography, and other computer science.

We are the only blockchain network in the world that is capable of hosting social networks and enterprise systems. This ultimately means that ICP provides an alternative to the Legacy IT stack, which incorporates Web 2.0 infrastructures such as centralized cloud services run by Big Tech, which operate databases and web servers.

By allowing humanity’s systems and services to run entirely on a blockchain, we can

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