Question 1

What is Internet Computer (ICP)?

Accepted Answer

Internet Computer is a decentralised blockchain network designed to host software, data, and web applications directly on-chain. It eliminates the need for traditional IT infrastructure or cloud providers by enabling applications to run in a fully decentralised manner. The platform uses chain-key cryptography to enhance scalability and security and is governed by the Network Nervous System (NNS), a decentralised autonomous organisation (DAO).

Internet Computer supports use cases such as Web3 applications, decentralised social platforms, DeFi services, AI-driven systems, and enterprise-grade software. Its architecture allows full-stack decentralisation, with both frontend and backend operations handled on-chain.

Question 2

What is Internet Computer (ICP) used for?

Accepted Answer

The ICP token is the native cryptocurrency of the Internet Computer and has several utility functions:

* **Governance:** ICP holders can participate in the Network Nervous System (NNS), a decentralised governance system that allows users to propose and vote on upgrades, protocol changes, and network configurations.
* **Conversion to Cycles:** ICP is converted into "cycles," which are used to pay for running applications, storing data, and computing operations on the network. This reverse-gas model pre-pays for operational costs in a predictable way.
* **Node Provider Rewards:** ICP tokens are distributed to operators of the nodes that maintain the network’s infrastructure, incentivising their contribution to the ecosystem.
* **Ecosystem Transactions:** ICP is used to interact with dApps and smart contracts hosted on the Internet Computer.

Question 3

AI and Decentralised Applications on Internet Computer

Accepted Answer

The Internet Computer provides infrastructure for building decentralised AI applications, enabling secure and tamperproof hosting of AI models and workflows. Its design integrates AI into the blockchain ecosystem by offering:

* **Decentralised AI Hosting:** Developers can deploy AI systems directly onto the blockchain, where they remain tamper-resistant and autonomous.
* **Full-stack Solutions:** The protocol allows for hosting frontend, backend, and data on the same blockchain. This makes it suitable for AI-powered applications like automated decision-making tools or decentralised social media.
* **Autonomous AI Governance:** AI applications can be managed and updated by DAOs, ensuring they operate transparently and with user consensus.
* **Interoperability:** The Internet Computer enables AI solutions to interact with data and systems from multiple blockchain networks, supporting cross-chain integration.

These capabilities make the Internet Computer suitable for various AI-driven use cases, such as decentralised decision-making tools, tokenised AI agents, and multi-chain applications.

Question 4

Who created Internet Computer (ICP)?

Accepted Answer

Internet Computer was created by the DFINITY Foundation, a Swiss-based non-profit organisation. The foundation was founded in 2016 by Dominic Williams, who played a leading role in developing the architecture of the Internet Computer Protocol.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ICP-USDT ICPUSDT	binance	AA	2.74USDT	-3.04%	2,629,306.70ICP	34,501	2.83USDT	2.84USDT
2	ICP-USD ICP-USD	coinbase	AA	2.74USD	-2.95%	951,584.64ICP	8,660	2.82USD	2.83USD
3	ICP-USDT ICP-USDT	okex	A	2.74USDT	-3.01%	940,496.23ICP	9,555	2.83USDT	2.84USDT
4	ICP-USDT ICP_USDT	whitebit	BB	2.74USDT	-3.00%	542,341.17ICP	19,492	2.83USDT	2.84USDT
5	ICP-USD ICPUSD	kraken	AA	2.74USD	-3.08%	387,837.95ICP	2,573	2.83USD	2.83USD
6	ICP-USDT ICP_USDT	gateio	A	2.74USDT	-2.90%	329,260.81ICP	4,056	2.82USDT	2.83USDT
7	ICP-USDT ICPUSDT	bybit	A	2.74USDT	-3.04%	227,992.31ICP	4,335	2.83USDT	2.83USDT
8	ICP-USDC ICPUSDC	binance	AA	2.74USDC	-3.04%	212,114.10ICP	3,861	2.83USDC	2.83USDC
9	ICP-USDT ICPUSDT_SPBL	bitget	BB	2.74USDT	-3.08%	145,526.55ICP	2,492	2.83USDT	2.83USDT
10	ICP-EUR ICP_EUR	whitebit	BB	2.44EUR	-2.67%	117,700.01ICP	2,138	2.51EUR	2.52EUR
11	ICP-USDT ICP-USDT	kucoin	BB	2.74USDT	-2.94%	112,969.81ICP	3,155	2.82USDT	2.84USDT
12	ICP-USDC ICP_USDC	whitebit	BB	2.74USDC	-3.08%	106,815.15ICP	1,885	2.83USDC	2.84USDC
13	ICP-USDC ICP-USDC	okex	A	2.74USDC	-2.91%	92,325.33ICP	4,708	2.82USDC	2.83USDC
14	ICP-TRY ICPTRY	binance	AA	135.60TRY	-3.14%	67,797.67ICP	819	140.00TRY	146.00TRY
15	ICP-BTC ICP_BTC	whitebit	BB	0.0₄3371BTC	-1.20%	59,520.18ICP	1,139	0.0₄3412BTC	0.0₄3426BTC
16	ICP-EUR ICPEUR	kraken	AA	2.43EUR	-2.99%	41,930.17ICP	585	2.51EUR	2.51EUR
17	ICP-USD ICP_USD	cryptodotcom	AA	2.74USD	-2.80%	41,037.05ICP	5,202	2.82USD	2.83USD
18	ICP-USD icpusd	bitstamp	AA	2.72USD	-3.82%	27,273.01ICP	142	2.83USD	2.83USD
19	ICP-USDC ICPUSDC_SPBL	bitget	BB	2.74USDC	-3.18%	22,727.05ICP	2,563	2.83USDC	2.83USDC
20	ICP-USDC ICP_USDC	gateio	A	2.73USDC	-3.37%	19,354.67ICP	458	2.82USDC	2.83USDC
21	ICP-EUR icpeur	bitstamp	AA	2.43EUR	-3.45%	16,392.90ICP	81	2.52EUR	2.52EUR
22	ICP-EUR ICP-EUR	coinbase	AA	2.44EUR	-2.71%	14,954.18ICP	656	2.51EUR	2.51EUR
23	ICP-BTC ICPBTC	binance	AA	0.0₄3370BTC	-1.17%	12,703.20ICP	280	0.0₄3410BTC	0.0₄3420BTC
24	ICP-EUR ICP-EUR	okex	A	2.44EUR	-2.75%	9,742.07ICP	180	2.51EUR	2.51EUR
25	ICP-EUR ICPEUR	binance	AA	2.44EUR	-3.22%	8,190.51ICP	128	2.52EUR	2.52EUR
26	ICP-USDC ICPUSDC	bybit	A	2.73USDC	-3.70%	4,053.38ICP	109	2.84USDC	2.84USDC
27	ICP-BTC ICP-BTC	coinbase	AA	0.0₄3365BTC	-1.26%	3,938.33ICP	257	0.0₄3408BTC	0.0₄3417BTC
28	ICP-USDT ICP_USDT	cryptodotcom	AA	2.74USDT	-3.14%	2,032.24ICP	1,102	2.83USDT	2.83USDT
29	ICP-TRY ICP-TRY	okex	A	135.59TRY	-6.08%	2,155.86ICP	39	144.36TRY	144.36TRY
30	ICP-USDT ICPUSDT	cexio	BB	2.73USDT	-7.88%	731.39ICP	3	2.96USDT	2.96USDT
31	ICP-USDT ICP-USDT	coinbase	AA	3.02USDT	0.00%	0ICP	0	3.02USDT	3.02USDT
32	ICP-GBP ICP-GBP	coinbase	AA	2.21GBP	0.00%	0ICP	0	2.21GBP	2.21GBP
33	ICP-BTC ICP-BTC	kucoin	BB	0.0₄3370BTC	-1.29%	123.36ICP	91	0.0₄3414BTC	0.0₄3418BTC
34	ICP-USD ICPUSD	cexio	BB	2.73USD	-6.86%	11.72ICP	6	2.93USD	2.93USD
35	ICP-ETH ICP_ETH	gateio	A	0.001132ETH	-2.74%	11.64ICP	4	0.001164ETH	0.001164ETH
36	ICP-USDC ICPUSDC	cexio	BB	2.77USDC	-5.66%	9.02ICP	1	2.93USDC	2.93USDC
37	ICP-EUR ICPEUR	cexio	BB	2.50EUR	-5.05%	9.02ICP	1	2.63EUR	2.63EUR
38	ICP-USDT ICPUSDT	toobit	C	2.74USDT	-2.97%	941,978.37ICP	11,388	2.83USDT	2.84USDT
39	ICP-USDT icp_usdt	lbank	C	2.74USDT	-3.04%	910,880.70ICP	83,298	2.83USDT	2.84USDT
40	ICP-USDT ICP_USDT	poloniex	C	2.72USDT	-3.72%	835,264.06ICP	43,684	2.83USDT	2.84USDT
41	ICP-XRP ICPXRP	bitrue	D	2.09XRP	-0.95%	533,458.45ICP	50,713	2.11XRP	2.12XRP
42	ICP-USDT sICPUSDT	phemex	C	2.74USDT	-3.25%	507,634.99ICP	6,719	2.83USDT	2.84USDT
43	ICP-USDT ICPUSDT	bitrue	D	2.74USDT	-3.04%	442,266.30ICP	46,785	2.83USDT	2.84USDT
44	ICP-SOL ICPSOL	bitrue	D	0.02632SOL	-1.75%	377,528.30ICP	14,571	0.02679SOL	0.02686SOL
45	ICP-USDT ICP_USDT	coinw	-	2.74USDT	-3.02%	308,273.43ICP	2,598	2.82USDT	2.83USDT
46	ICP-USDT icp_usdt	xtpub	-	2.74USDT	-3.11%	237,738.17ICP	6,188	2.83USDT	2.84USDT
47	ICP-ADA ICPADA	bitrue	D	12.80ADA	0.16%	233,655.52ICP	17,484	12.78ADA	12.96ADA
48	ICP-USDT ICPUSDT	mexc	C	2.74USDT	-3.11%	172,962.29ICP	4,938	2.83USDT	2.84USDT
49	ICP-USDT ICP_USDT	bitunix	C	2.74USDT	-3.15%	104,586.48ICP	8,836	2.83USDT	2.84USDT
50	ICP-EUR ICP-EUR	bitvavo	B	2.44EUR	-2.70%	105,753.50ICP	653	2.51EUR	2.52EUR