Dominic Williams, Founder & Chief Scientist of Dfinity Foundation, talks about realizing the World Computer vision by combining Ethereum and Internet Computer at #EDCON2023! Dominic says Bitcoin appeared in 2009 and gave digital gold, Ethereum launched in 2015 and gave smart contracts, and the Internet Computer launched in 2021 and produced something we could think of as crypto cloud. He says the Internet Computer is a blockchain but uses a very different architecture and advanced math and cryptography. He explains what the World Computer can do, saying that one of the things we can do is trustless multi-chains (the Internet Computer can interact with other blockchains without bridges), and we could build absolutely anything on it, assign Web3 to DAOs and integrate Web2.
Dominic explains the objectives of the World Computer project and the Dfinity Foundation is to solve this fundamental problem where Web3 still primarily runs on centralized technologies that hackers, regulators, censorship, gatekeepers, and vested interests head. He says the World Computer will solve this problem by ending decentralization theater because the World Computer offers end-to-end decentralization. He also introduces the Internet Computer Protocol, which use crypto to combine special “node machine” devices run by independent parties, and these nodes are combined to create subnet blockchains, with these subnets replicating and running smart contracts, together forming a scalable and efficient virtual computer, a computer that can be interacted with from any browser that is controlled by an on-chain DAO. You can learn more about the Internet Computer and its capabilities via Dominic’s presentation at EDCON 2023!
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