Bitcoin + Ethereum + Internet Computer = World Computer

The Internet Computer combines Bitcoin, Ethereum, and the Internet into a "World Computer," enabling the creation of unstoppable, scalable services with decentralized governance.

Key takeaways
  • The Internet Computer combines Bitcoin, Ethereum, and the Internet into a “World Computer.”
  • Smart contracts, introduced in 2015, revolutionized the blockchain landscape.
  • The Internet Computer enables the creation of services with hundreds of thousands of users that never go down or stop.
  • Decentralized control within organizations is achieved by distributing governance tokens.
  • The Internet Computer is not borderless, and trust in developers is required.
  • Proof of useful work is the best description of the Internet Computer’s consensus mechanism.
  • The Internet Computer is multichain, allowing for the sending of Bitcoin and Ethereum.
  • The Internet Computer is self-evolving through proposals and is an adaptive blockchain.
  • Open source projects involve source code control managers and human management to mediate access to code.
  • The Internet Computer aims to create a walled garden that is safer than the Internet.
  • Governance tokens help incentivize the community to assist with other tasks.
  • AI will run on the Internet Computer, with enterprises already experimenting with it.
  • Instead of distributing governance tokens to tens of thousands or millions of people, the Internet Computer uses a different approach.
  • OpenChat, the world’s first open Internet service, is controlled by a DAO and runs on the Internet Computer.
  • The Internet Computer allows for arbitrary modification of data and code, and services can be switched off or made to disappear.
  • The Internet Computer is seen as an equivalence between the Internet and the World Computer, and Amazon Web Services.
  • Sending a chat message without interacting with a wallet allows for sending crypto.
  • Web3 services on the Internet Computer don’t have firewalls or security teams.
  • Bitcoin can be transferred in one to two seconds with negligible cost.
  • The Internet Computer provides transparency, security, autonomy, ownership, tokenization, fundraising, scale, and richer experiences.
  • Smart contracts can be made autonomous and run without human controllers.
  • Tokens and value can be processed like data.
  • AI models will analyze data and generate Service Nervous System DAOs.
  • The Internet Computer is a tokenized TikTok.
  • The Internet Computer is growing rapidly.
  • Metaverse content will be stored on the Internet Computer.
  • Every message on the Internet Computer is a transaction, leading to high transaction counts.
  • The Internet Computer aims to reimagine and rebuild most of humanity’s systems and services.
  • DFINITY is one of the strongest teams in tech, working on the Internet Computer for many years.
  • The Internet Computer is an alternative to the Lightning Network.
  • Building on the Internet Computer means something different than building on a blockchain.
  • There is no interaction with crypto wallets like MetaMask on the Internet Computer.
  • The Internet Computer can be securely interacted with using a single 48-byte master chain key.
  • Building on a blockchain often means building on Amazon Web Services with an NFT or token on the blockchain.
  • The Internet aims to be the place where people build and innovate, rather than centralized systems.
  • The Internet Computer doesn’t require a firewall or security team, but code should be checked for bad logic.
  • The Internet Computer protocol combines node machine devices to form a scalable and efficient virtual computer.
  • The Internet Computer is a blockchain with a completely different architecture.
  • The Internet Computer introduced canister smart contracts, which are a new form of smart contracts.
  • The Internet Computer is a crypto cloud where smart contract software can be run at scale.
  • The Internet Computer is ahead of Web3 in terms of development and capabilities.
  • The Internet Computer is the only blockchain that can host a Web3 service on the blockchain.
  • The Internet Computer team is one of the largest employers of Google research people in Switzerland.
  • The Internet Computer team has a large group of famous and well-sighted cryptographers.
  • Subnets replicate and run canister smart contracts on the Internet Computer.
  • The Internet Computer is not a proof-of-stake blockchain.
  • The Internet Computer is hosted by a sovereign network of dedicated node machines.
  • Smart contracts on the Internet Computer can create public keys and sign for them.
  • AI is expected to be huge on the Internet Computer.
  • AI and computation are inseparable.
  • The Internet Computer can help Web3 address the issue of centralized platforms mediating user experiences.
  • Smart contracts have magical properties like tamper-proof, unstoppable, and autonomy.
  • The Internet Computer runs on the Internet Computer and can be controlled via DAO.
  • Founding a community by giving them governance tokens is possible on the Internet Computer.
  • The Internet Computer ecosystem is well ahead with respect to Web3.
  • The Internet Computer is a seismic fundamental advance in computer science.
  • Users can be sovereign on the Internet Computer.
  • The Internet Computer is a blockchain singularity, driving the Internet to become an infinite crypto cloud.
  • Service Nervous System DAOs are used to create open Internet services on the Internet Computer.
  • The Internet Computer is multichain and natively multichain.
  • The Internet Computer, in combination with other blockchains, creates a world computer.
  • The Internet Computer network is controlled by the Network Nervous System.
  • The Internet Computer aims to advance the Internet from a public network to an infinite crypto cloud.
  • Blockchain is currently used for storing tokens and NFTs on the Internet Computer.
  • The Internet Computer is a special kind of DAO called a Service Nervous System.