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Cryptocurrency News Articles

Internet Computer Unveils Blueprint to Spur AI Blockchain Adoption

May 17, 2024 at 06:00 am

The Internet Computer protocol, developed by the DEFINITY Foundation, has recently released an updated roadmap highlighting milestones to enhance AI blockchain adoption. The roadmap introduces the Tokamak and Stellarator milestones to improve latency and storage capabilities. Additionally, the Cyclotron and Gyrotron milestones focus on integrating AI capabilities and specialized subnets for resource-intensive computations. Interoperability with major blockchains such as Bitcoin, Ethereum, and Solana is also a key focus, with milestones for cross-chain communication and decentralized network operation.

Internet Computer Unveils Blueprint to Spur AI Blockchain Adoption

Internet Computer Unveils Roadmap to Accelerate AI Blockchain Adoption

The DEFINITY Foundation, the driving force behind the Internet Computer protocol, has unveiled an ambitious roadmap designed to propel the adoption of artificial intelligence (AI) on the blockchain. This comprehensive plan outlines a series of milestones that aim to enhance the protocol's capabilities and revitalize its native token, ICP.

ICP: A Leader in AI Blockchain Development

ICP, the native cryptocurrency of the Internet Computer, has established itself as a prominent player in the AI token space, currently ranked 22nd among the top 100 cryptocurrencies. However, recent market fluctuations have prompted the Foundation to focus on key areas of development to reinvigorate ICP's price action and further establish the protocol's prowess.

Internet Computer Roadmap: Embracing AI and Enhancing Infrastructure

The roadmap introduces two critical milestones that will redefine the Internet Computer platform: Tokamak and Stellarator. Tokamak prioritizes latency reduction by optimizing the block rate of each subnet and implementing a new synchronous ingress submission endpoint. Stellarator, on the other hand, will expand the storage layer, enabling subnet blockchains to accommodate over 1TB of canister smart contract storage while enhancing the efficiency of the consensus layer.

Recognizing the resource-intensive nature of AI training and inference, the DEFINITY Foundation aims to incorporate AI capabilities as smart contracts on the Internet Computer protocol. The roadmap outlines milestones such as Cyclotron and Gyrotron, which will enhance on-chain inference for larger AI models and explore the integration of AI-specialized subnets with GPU support, respectively.

Interoperability Expansion: Breaking Down Blockchain Barriers

ICP's Chain Fusion technology has been instrumental in facilitating direct interoperability with major blockchains, including Bitcoin, Ethereum, and other Ethereum Virtual Machines (EVMs). The roadmap further expands this interoperability through milestones such as Tritium, Deuterium, and Helium, enhancing interactions with Ethereum, Bitcoin, and Solana networks, respectively.

Governance and Decentralization: Empowering the Community

The roadmap also emphasizes governance and decentralization, incorporating two governance systems: the NNS (Internet Computer's DAO) and the SNS framework for individual dApps. These mechanisms incentivize participation and align decision-making with long-term interests, ensuring decentralized control and community involvement.

Price Impact and Adoption Prospects

While ICP's price has experienced a significant rally year-to-date, it remains well below its previous all-time high. The implementation of the roadmap has the potential to revitalize token valuations and drive widespread adoption for various use cases. The impact on ICP's price and its ability to regain bullish momentum remain to be seen, but the roadmap provides a clear blueprint for the protocol's future development and growth.

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