ICP

nomorebonks

This article basically is describing ICP's current state - a decentralized censorship resistance blockchain ran internet where each website is a smart contract.

nomorebonks

It's ICP.

nomorebonks

Only one project is doing anything close to web3 right now - that's ICP. No other project serves web content smart tamperproof contracts from the blockchain to protect your data when interacting with the web.

nomorebonks

And ICP is in the lead - by years.

0impulsecontrol

I have the plug wallet extension installed on my browser and I can browse and fuck around on the network... which is a fucking wasteland because there hasn't been any widespread adoption, but that's not the point. I can buy a shitty overpriced robot NFT right now on ICP if I wanted (I don't). It's there, it's just kinda empty.

Informal-Parsley1041

Coinbase gave me free ICP and I had to take a test on it to get the free crypto. That was it's mission. If that's changed, then sure. Embarrassing

nomorebonks

You have absolutely no clue what you can develop on ICP or what has been developed and in use right now. Embarrassing.

Informal-Parsley1041

Because right now it doesn't do anything. Vapor ware is just kinda a terminology for something that is basically what ICP has done so far. That doesn't mean they won't one day do everything they set out to do. But for now it seems like hopes and dreams

nomorebonks

Whoa surprise - another instantly downvoted thread about ICP. Other chains really seethe about ICP's tech. * Full stacks on chains, tamper proof software * Serve web content directly from smart contracts * Integration with other blockchains with no bridges * Run front ends for all chains * Solve de-platforming risks for applications * Scale other protocols like ETH and others * Add smart contract to BTC, doge, and other non smart contract platform * On chain Governance clients for other protocols, enterprises, and governments * Build user owned and controlled social networks in which each account is smart contract and can be moved to different dAPPS by the user. * NFTs live entirely on-chain (files and assets) and can react to the outside world via https request * No need for Oracles for some API calls as the protocol can communicate directly with Web 2 and run the data through consensus <---downvote over here if you're seething

0impulsecontrol

Somewhere in that ramble you called ICP vaporware, why?

upboatsnhoes

Lots of good discussion in r/ICP Woop woop

OkSiriGoogleSucks

ICP?

_scrapegoat_

Sure. All you had to do was ask nicely :) ICP, contrary to popular belief doesn't seek to be an L1 alternative, as it does to be an AWS or Google cloud alternative. Since they have the ability to host *everything* on chain, including the front end, they can be used for decentralized web hosting as well. You could for example, try Fleek, which lets you move your web 2 react.js site to ICP web3 storage for free. The other goal of ICP is bridgeless, wrapperless integration with BTC, ETH (in fact if you google ICP BTC integration, you'll get the info and the roadmap). All in all, they are victims of extremely stupid tokenomics, but the tech is top notch.

nomorebonks

Pretty much - this sub is not a good place to learn about crypto. No discussion at all and completely censored topics, one of them being ICP.

pm_me_your_pooptube

ICP does legitimately have good tech

_scrapegoat_

Yeah. And ICP and polkadot as well

bad-crypto-advice

It’s one of my top recommendations right now. But don’t give up on classics like ICP and Bitconnect either!

TheTomiestTom

Since my post was removed and I don't want my 40 plus minutes of writing it to go to waste I'll just post it here as a comment, thank you very much I was answering to someone on the daily about how to do your own research and I wrote so much that I thought it could actually be useful to more people. So here is a post about it. This kind of research method is for non tech savvy people, who don't have time to scrutinize a project on every aspect. I know there are lots of points here, so my advice would be to at least follow a few of them for a project you're interested in. I will sometimes be mentioning a project by name and hope it's ok. **A/ I would search the coin or project name on Reddit**, especially on this sub. That can be a way to start with something, and read a balance of negative and positive comments. Might also save you from a scam. **B/ Read description of the coin on their website**, is it marketing gibberish (not sure if I can cite coins but I remember two that were to avoid just from the prompt : 1/ we'll empower Ethereum and take full advantage of its scalability to make it more efficient (not exact words but that was this type of bullshit) 2/ We'll tokenize metals on asteroids for asteroid mining in the future those two, just forget it. it's gibberish and the concept doesn't make sense. **C/ Then you can check white paper** (check the parts relevant to you, no need to look at the formulas if you're not into math) **or the docs** (many projects don't have a whitepaper anymore). If there is a something well indicated, that tells you about the project but also the platform it's running on (ethereum, polkadot, cardano...) and why they chose it, it's a better sign than if those are pretty short and don't explain much. I used to be a moderator for a moonshot subreddit and we tried to filter good project to be early on them, some would give us a 2 pages whitepaper... I'd rather see a project with a fully functional website and separate documentations that are well written, complete enough; than a 2 pages PDF with illustrations. **D/ People involved:** Do we know them, are they trustable? Being doxxed is a good sign but not always (a recent project's CEO is now a fugitive even though we knew his name). I've seen projects being busted before they could achieve the rug because people were looking up the team and there was a discrepancy in a resume (this project was DEOR, I was a full believer, thanks to those whistleblowers I didn't get rekt). If you look at projects like Sylo, you see this company has a CEO you can find, and it's a registered company in Malta, with an address. Doesn't mean it's 100% safe but at least their is paperwork being done, in a country with some legality. **E/ Many articles but nothing to show?** That might happen, but, in those articles what is said? Is there a bit of technical explanation on what's being done and why there are only articles so far? If not, and they just issue articles as if everything is going on normally: red flag. **F/** Another red flag, **the name of the project is never mentioned in the articles.** I know this one is a weird tip, but I was following a project, considering to put some cash in it and what saved me is was I didn't have money to put in at the time (being poor saved me from a rug). This was Fieldcoin. They were supposed to tokenize real world assets, namely, agricultural land and make them tradable on a blockchain. Suddenly, they changed their narrative without any warning, and became a digital asset marketplace, a kind of fake NFT marketplace, but no announcement at all of the change of direction nor what happened to the previous project and I think they called themselves Eland. Having seen this I posted on Reddit, so anyone searching the name on reddit would find the post and be warned (advice A). While looking for evidence of the existence of the previous project and the lack of communication on this very surprising change of direction it suddenly hit me, the previous project wasn't appearing in name anywhere and the articles were pretty general enough to make it look like it could be about something which differs widely from the original one... Now the fieldcoin website doesn't exist anymore. The Eland website still exists, I suggest you guys check for yourselves. **G/ Github activity / Development proof** Unless they made it clear the development is ultra secret or, that they're understaffed (like one or two devs that do it on their free time), the github should have regular activity with lots of PR and commits. Even someone non technical can check it. I understand that the number of commit could be fake but this will filter the shadiest and laziest ones. **H/ The behavior of community managers, and the team towards the community.** This one requires you go on a project's channel, or subreddit, and have interactions with the team. It's tricky because this will end up being about your feeling, and also, you might not catch an abnormal behavior at the time you're actually online. There are some stuff to be wary of though, here is a non exhaustive list: * **Obnoxious mods/teams:** they treat you like shit and you become scared to ask even one question: red flag. Even if they're a legit project you don't want unhinged people in charge of the project in which you're investing. Be aware tha calling a project scam without any proof my warrant you a kick or ban and that you might mistake it for being obnoxious, when really, you brought it on yourself. * **Devs are always on the chat:** They're telling you they're developing this new kind of blockchain but the team seems pretty small for their ambition (hard to see most of the time the size of the team is not a public info) and the devs are always on the chat. What are they doing? I am working with a blockchain project and I can tell you when the devs come on the channels to talk to people is pretty rare, because they have lots of other stuff to do. To me this is a red flag. You got a bonus red flag when you mix this point with the previous one, and the head of the project takes on his time to bully you and insult you. I think it's still an ongoing project, so I won't name them, but, it's a privacy coin. I was talking to them and showing my real interest in the project. Somehow the Head of the project with whom I was talking (being very often present in chat) stated that after a research he found out that I told them I was studying a MBA (which is true). One of them (probably team too) started on saying I was probably seeing myself in luxury suits, and then the CEO called me a moonboi, somehow, I still don't know why. I thought this could turn into a nice banter, and then replied with some wit without being aggressive that nobody's perfect but that I would gladly improve myself. I was just kicked. That's when I sold everything regardless of the price and didn't look back. Since then (1 year and a half ago) nothing substantial has been achieved by them. * **Non confrontational team:** They always tell you to keep posted, for weeks, even months, with no explanation AT ALL. You ask them when is this item on the roadmap going to happen, no real answer, just "later on". Then month later you see that the CM don't respond anymore... the announcement channel is not updated anymore (I'm looking at a project in which I believed but that I exited when one of the roadmap item still not happening. Last update was last December and the channel is full of people debating if the project has been abandonned or if it was a rug, very sad). **I/ Reading pros and cons comments.** Consider pros and cons from other people. Reddit is a good place for this. Being in a smaller TG channel or subreddit can also help as you'll be able to talk about a less known, more specific project better. During the DEOR incident, a person that was a dev; on a TG channel suddenly raised the issue that the code of the github seemed empty and didn't make sense to him: red flag. They don't even have to be blockchain devs to actually see this. **J/ Having more than one source of information.** Reddit is great, but we're a bit idiot sometimes, all rooting for the trendy coin of the moment, until it goes down badly (ICP) or it rugs (Moon and earth in italian). You can find a great source of info on youtube (Coinbureau) but even them (they're a team) get rekt sometimes. (they mitigate the risks with diversification). It seems to me that coinbureau was really bullish about Terra, Luna, and ICP... for example. He even was bullish on an identity coin called Litentry. At the time of the video, price was about 11USD, now it's a bit under 2, so people buying out of FOMO after his video got rekt.... but they'll be able to identify themselves on the blockchain when this functionality is available. (I actually bought some ^^ ) Don't get me wrong, coinbureau, still a good youtube channel, I follow them on Instragram and do check what they say time to time. You just need to take everything with a grain of salt and not make it your only source of info. Interestingly enough Coinbureau has a video on how to DYOR that is a bit more complete, for people who really got time on their hand. **K/ follow your instinct** Something's not right, you don't know exactly know why, maybe that's those Liquidity Mining rewards that are a bit too high, maybe it's the way someone talks, maybe it's just that everybody praises the project so you think "ok, it's dead". In that case, why risk it? Yes, you might miss some gains, but, you'll still have your hard earned crypto or cash. you might even consider leaving with a loss, better get some of it left, than not at all.

ReverendBlue

Perhaps, but premined, buzzword-reliant, kick-the-can-down the road-to-utility style scams (AVAX, ICP, SOL, APE are big ones that come to mind) that are purposely designed to attract dumb money in order to pump the bags of the backers, surely fit the bill.

bad-crypto-advice

Yes. I believe in projects. ICP and Bitconnect shall rise again! Just wait and see. Good investors take money from the impatient and give it to the patient, after all.

slabrangoon

ICP: Maybe at least some Juggalos will buy it 🤷

kirtash93

ICP: As old as your dad.

MrBanana212

Hmm I had my eye on Space and Time. Makes me think this will be another GRT or ICP scenario when early investors dump on retail when the coin finally lists. Definitely tempers my expectations now. Oh well, this is crypto.

nomorebonks

Who will be using BTC direct integration you mean, where you can write smart contracts for native BTC and create DeFi for BTC? A lot of people will be using that when it's off testnet where it's currently working. What are you going to do - drop some low IQ crap about ICP that everyone has heard a million times? Who will be using Quant's walled garden blockchain that you can't even explain, or tell me who is going to be communicating with it, or what chains it's integrated with? QNT failed to do direct integration and even said "it's too hard" to do which is why they have to use the unsecure method of bridges.

nomorebonks

Show me one project it has. You can't. There's nothing there. ICP direct integration will do this better.

nomorebonks

Pure manipulation, it does nothing special, and it'll be coming back down. Their entire model is API's to connect chains - ICP uses direct integration (more secure, faster, cheaper) and no bridges to connect chains. That's just one feature of ICP in addition to everything else it does. CKB is better for multi chain environments too along with DOT and and LINK with CCIP when it's out.

nomorebonks

There are no answers except really boundary nodes not being under NNS control and there is a proposal to fix that. I'd argue they needed a bit more control over things because the attacks on ICP itself as a project - someone surely would have set up mass badlands nodes to screw with the network. ICP is going to take off so hard and no one is going to realize why because no one does any research here.

nomorebonks

That's fine if you don't it as an investment, but you can't deny the tech is incredible. Who would even want to build on AWS with the cost and platform risk. ICP is offering devs something so much better to create their projects. Dfinity continues to lose voting power, more coins are being locked up for voting, NNS is in control of the network through the protocol, and almost every project starts out with a large amount of coins going to the creators. My average buy in is low 7's I'm not coping at all and I feel I discovered the project too late after finally looking into it.

nomorebonks

ICP is the only web3 project there is - name one that is doing everything on chain and is as decentralized as ICP is. Everything else runs on AWS. ICP continues to decentralize as it grows as well - there is definitely room to improve there when it comes to nodes. Boundary nodes will soon be under NNS control control which means the community will have the final say. The protocol ensures that.

warmbookworm

"fully decentralized" "running on ICP" pick one

Intelligent_Page2732

I member people buying ICP for 700 dollars.

neen209

Uniswap front-end is now fully decentralized. Running on Internet Computer (ICP)

Ceago

Explain how ICP is not decentralized when dfinity does not have direct control over network decisions, cannot shut down the network, and cannot directly remove anything hosted on it? Surely you're not just repeating things you heard second hand, right?

drinkmoreapples

Web 3 is decentralized, ICP is not

Ceago

I mean, there's ICP which has a pretty expansive network even considering it's age but the mention of it sends this subreddit into a frothing rage.

kirtash93

With that name we would have reached mainstream adoption faster. Look ICP.

nomorebonks

It'll happen on ICP once they have direct integration and can hold native Doge on the internet computer canisters. Then smart contracts for any integrated coin - BTC is first and it's on testnet due this year. Then ETH, not sure after that. Hopefully next year.

neen209

Well, I scooped up a bunch of ICP at $5-$6…I just need like 5% of its ATH

capdoesit

well you have ICP bags so... not going here for investment advice...

nomorebonks

There was clear price manipulation by the exchanges and FTX ICP PERP - not by Dfinity. Are they setting the prices on exchanges themselves? No. The report was clearly a paid hit piece done by Arkham and coupled with a lawsuit by Ava labs this project was under attack. Who was forbidden to sell? The neuron locks the seed investors got along with their HUGE returns? I don't care what you do really but I'll talk about ICP wherever I want since it's been a year of FUD thanks to uniformed posters like yourself.

Ready-Temperature-23

Cash out? I'm still holding my ICP in hopes of something extraordinary lol

8512764EA

You can if you buy ICP and wait 10 years

Potatotornado20

Understood. All I’m buying now are ICP, LUNA, LUNC, and ETHW

giddyup281

You admit to price manipulation (as if ICP was not a part of it) and then dismiss everything else by saying "FUD". You downplay a CRIMINAL offense by saying "he reacted poorly". Looks to me that you're the paid account. I looked into ICP, saw huge red flags, and would not touch it with a ten foot pole. Go shill somewhere else.

nomorebonks

The early prices were proven manipulation, and the project has endured a well funded smear campaign that you obviously bought into. They even went right to the NYTimes with a FUD article from a shady company, Arkham, that has ties to Tim Draper who is now pushing Urbit, some ICP "like" project. Seed investors saw HUGE returns and I think that became a problem of having coins in Neurons because of price manipulation and FTX ICP PERP pushing the price so high so they could short it and destroy the project. It's working well here obviously. Definitely Dom flew off the handle and reacted poorly to people trying to destroy his life's work because of the scope of the project. And this FUD again? That FUD you mean? The paid FUD repeated everywhere, and most accounts that were early posters of it are now suspended accounts? Reddit's take is pretty poor on ICP and will remain so since no one looks into what actually happened.

giddyup281

Oh, the coin that was listed on Binance, Coinbase and Huobi day one? The coin that was forbidden to sell to early investors, but the early early investors were able to sell? The coin whose CEO put up a doxx bounty on people that had criticism towards ICP? That ICP?

nomorebonks

Any status update on my ICP flair - no one report me to the suicide hotline again please!

nomorebonks

Start up your downvote engines - I'm going to talk about ICP. Only one blockchain project is letting you build real world use case projects with smart contracts that serve web content, a smart contract website, and is entirely on chain. That's ICP. Build anything you want on chain accessible by browsers that includes storage, web content, HTTPS calls off-chain to get data onto the chain, and BTC direct integration to write smart contracts for BTC and write BTC transactions to the BTC mainnet. If you don't know that BTC smart contracts are coming for ICP, and that's using native BTC without bridges, then you should look into it! See ya at the bottom of the thread!

nomorebonks

Singlehandedly bringing ICP back - it needs another look after the manipulation was exposed!

nomorebonks

Downvote collector here - ICP is going to come out of this. The ability to create smart contracts that serve web content is going to be major and it's only done on ICP!

bad-crypto-advice

You’d sell and then buy the same coins though? It would only make sense to sell ETH and BTC for whatever you can get now and then buy some low-price coins that will skyrocket over the next year or so. LUNC, SHIB, LRC, ICP are my top picks. Trust me.

FractalImagination

A decentralized internet is what ICP is trying to do.

nomorebonks

Nice link to a paid FUD article! You can't tell that? Arkham Intelligence, a "project" by Tim Draper, came out of nowhere to create a hit piece on ICP that somehow made it into the NYTimes. And then spread all over this website. It's actually pretty sad no one can see that and would even link to this article.

nomorebonks

Ah maybe it's there on mobile! Sure this is a pretty good article that sums it up: [ICP <> BTC Integration!](https://medium.com/dfinity/btc-icp-integration-beta-release-the-bitcoin-testnet-api-is-now-available-bab84c378c1e) What I'm most excited about here, besides being able to hold native BTC on an ICP canister, is smart contracts that can be written in BTC. And for Doge too when they integrate. ETH is planned after BTC too. Thanks for asking!

nomorebonks

Best project in the space - no one else is serving web content smart contracts from the blockchain like ICP is! You should probably read up on it if all the above there wasn't clear to you since ICP is heavily censored on this site. See ya!

enchantingtracing82

I've never heard of Klaytn or Klex, but I believe Flare is in a better position to thrive in the Defi ecosystem because Flare and ICP are both future-oriented platforms in terms of integrating other blockchains to allow them to work together via cross-chain interoperability.

NiGhTShR0uD

Is... Is this a shill post for ICP?

CacheValue

I don't avoid them, per se, but I usually grab alt coins thru TW / Pancake Swap it's how I bought the coin that must not be named &#x200B; I think I saw ICP on there but it kinda sucks needing BNB for gas fee

GodCunt

Okay now do ICP

nomorebonks

Why not use no bridge at all - ICP will do that with direct integration. Write directly to the BTC mainnet from the IC, the IC holds native BTC. Then more chains. <-- downvote somewhere over here friends

nomorebonks

Get ready to downvote I'm going to mention ICP! One thing is stop crapping all over ICP every time it's mentioned since it's the easiest system to build an entire website smart contract on for devs who don't have a ton of money, a replacement to the mess of AWS and the traditional IT stack. You can push a website live on chain for less than 10 bucks - anything you can build on web2 will run on web3 other than, for now, enterprise level solutions. A blog, video streaming, etsy like store - build right on the blockchain for almost no cost! Everyone will be using crypto!

nomorebonks

To buy ICP? It's on major exchanges. Coinbase, Binance, etc.

nomorebonks

You'll be able to swap BTC for ICP, and any other chain that ICP integrates with, once full integration is live. BTC to your ICP canister which holds BTC then swap for ICP. ICP is a reverse gas model and canister owners pay that gas. It's incredibly small anyway like .001 ICP.

nomorebonks

> IBC is the Cosmos SDK module which defines the standard for cross-chain communication within the Cosmos Network, similar to TCP/IP on the internet. IBC packets are transported between chains by relayers. IBC is great tech and making bridges more secure but they're still bridges. ICP is going to work directly with the mainnet of other chains. No bridges, no relays, no wrapping, no anything other than ICP <> BTC by writing transactions directly to BTC since ICP canisters will hold native BTC. Good luck - cosmos is great! <--downvote is right over here friends!

nomorebonks

Resident ICP shill here! Video streaming content on the internet computer will be coming soon offering an on chain streaming solution. Some sites on ICP are hosting videos from the blockchain already. Meaning - your videos and stream lives on chain in a decentralized environment where you can't be banished from traditional streaming hosts for your content. Also this website is a smart contract itself where everything is living on chain - the content, storage, and wallet live together on chain. The only chain that can do it! <----downvote over here friends!

Quantimatic

ICP blowing up into a top 5 project would be one of the most “because crypto” things ever. Investing opposite of this sub’s general consensus isn’t a particularly bad game plan either. Guess I’ll go buy a couple ICP, I’ve wasted $10 on worse things.

nomorebonks

Get your downvotes ready I'm going to mention ICP. IBC is great tech. It's taking bridges and making them a lot more secure. I think ICP has a better solution with direct integration though - no bridges at all and will create a transaction directly on the mainnet of BTC for example. No bridges, no relays, no anything other than ICP <> BTC. Plus all of this happens on web enabled smart contracts which no other chain can do. This really will bring in web3 since everything is on chain - website, contracts, storage, wallets all in one spot.

nomorebonks

Get your downvotes ready I'm going to mention ICP. IBC is great tech. It's taking bridges and making them a lot more secure. I think ICP has a better solution with direct integration though - no bridges at all and will create a transaction directly on the mainnet of BTC for example. No bridges, no relays, no anything other than ICP <> BTC. Plus all of this happens on web enabled smart contracts which no other chain can do. This really will bring in web3 since everything is on chain - website, contracts, storage, wallets all in one spot.

nomorebonks

Only one platform is giving you web enabled smart contracts that live on chain - that's ICP. With use cases like this were you signup on a web2 service, get paid on a web2 service, buy in on a web2 service, but you get a token in a wallet that's completely separate from all that you're not running an on chain solution. Does that make sense? There's no real use for the chain in that scenario that I can see.

DryCarpet4589

I invested in ICP , bad things happen in life sometimes

bad-crypto-advice

I can’t reveal all of my investing secrets, but LUNC and ICP are my long holds. Anything queen Elizabeth-related is gold in my eyes.

CacheValue

Any chance I could buy like $5 of ICP off you for $5 BTC? What are the gas fees like? I'm guessing I would use Pancake Swap?

bad-crypto-advice

Safemoon, LRC, or ICP have all of the implementation protocols that you’re looking for. Near infinite scalability and impossibly credentialed devs make all of these projects incredible for development and upside potential over the next free years.

neen209

I’m ICP / BTC / ETH — once and a while I stack some more XRP

nomorebonks

Flux is doing okay things but certainly is not doing better than ICP in this regard I think. ICP is a fully on chain solution and no one else has web enabled smart contracts like this.

WingChungGuruKhabib

Anyone who actually takes a good look at ICP would see that their work is definitely not trivial, even just looking at the team would do that. Too bad everyone here just seems to hate it due to the ICO stuff. I don't even hold ICP, but have been looking into it. Good luck.

nomorebonks

Yeah we're gonna turn it around. Native BTC on the IC. Only chain to do it. HTTPS API calls to get off-chain data. Only chain to do it. Smart contracts of 8GB in size and soon 300GB in size. Only chain to do it and will allow this for all chains that they integrate with. **Native** BTC smart contracts? Yes. -resident ICP shiller

nomorebonks

You'll soon find out about BTC direct integration and people are writing smart contracts and DeFi for native BTC right now. No bridges, no relays - ICP <> BTC. Thanks for the reply!

CacheValue

Their bad start is my good time to buy converting my old coins on TW to ICP

UnexperiencedIT

This is actually pretty usefull...I didn't know this about ICP.

nomorebonks

Protect against BGP hijacking with a decentralized web site by building on ICP and using Internet Identity and threshold ECDSA. -resident ICP shill

CacheValue

wait wat wat so ICP is a good buy?

nomorebonks

ICP - yeah I know. It's costs basically zero to build your own website on it. No AWS hosting fees, bandwith, storage, etc. You're going to see a lot of people working on the internet computer to move away from the platform risk and costs that AWS has. Plus it's just that much cheaper - $5 a year for a GB