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Internet Computer (ICP)

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Exchange rate Internet Computer:



Market capitalization

21104438164 PLN

Volume (24h)

1202549032 PLN

Supply in circulation

198618420 ICP

All-Time High

1 406 729 392.68 zł

All-Time Low

0.00 zł

Popularity by CMC

The current rate Internet Computer ICP is $108.92. In the last 24 hours, the price of Internet Computer has decreased by -10.74% and the 24-hour volume of this cryptocurrency is $1 202 549 032.00. The cryptocurrency in the last 24 hours recorded the highest price at the $111.98, while its lowest was $103.93. The highest Internet Computer price in the last 7 days was $134.48, and the lowest price was $103.93. Exchange rate Internet Computer in the last 30 days increased by 0%.
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0.64% -10.74% -24.04% 0% 0% 0%
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Exchange rate Internet Computer on the largest Cryptocurrency Exchanges:

Updated at: 2022-01-20 14:29:21


Exchange rate: 26.46 USDT
Exchange rate: 26.51 USDT


Exchange rate: 23.35 EUR


Exchange rate: 26.53 USD

Table Of Content-

  • What is Internet Computer?

  • What Is The Working Of ICP?

What is Internet Computer?

The Internet Computer (IC) is the globe's 1st blockchain which can run at network speed with no limitations. The DFINITY Foundation developed IC with the purpose of redesigning the web through promoting vast smart contract implementation and transforming the way users interact with web services. The goal of Internet Computer is to decentralise the public internet as it can become the world's computing system. Internet Computer intends to revamp traditional software solutions by improving the structure of the crypto economy.

Dominic Williams created the project in October 2016 and has acquired a total of $ 121 million from investors like Adreessen Horowitz, Polychain Capital, Multicoin Capital, and others. DFINITY introduced the Internet Computer into the public domain on May 10, 2021, signifying a huge milestone for ICP since it means the internet may now operate as a decentralized global computer. It is noted by the official release of the Internet Computer's source code, and the ICP utility token, that permits tens of thousands of public participants to administrate the network.

A native token of Internet Computer is ICP.It has three major functions:

  • Users that engage in network governance will be credited with ICPI points.

  • Production of Cycles for Compute: ICP can be translated into phases and utilized as a transaction cost to access the network. Cycles are destroyed once they have been utilized.

  • Users Are Rewarded: ICP is intended as an incentive to encourage users to engage in the system, such as by protecting it.

What Is The Working Of ICP?

A series of data centers with several nodes host ICP's decentralized network. A 'subnet' is a group of nodes from separate data centers that are pooled together. Using a distinctive consensus methods known as 'Threshold Relay,' every subnet can host its own Proof-of-Stake blockchain. ICP's operations are carried forward by two significant pillars:

  • Chain Key Technology is a 48-byte global network key that allows Internet computers to perform at web pace, facilitating payments to be completed in as quick as 1-2 seconds. Even though this is remarkable, it is inadequate because offering competitive user experiences requires giving responses in milliseconds. The problem is further addressed by segregating smart contract method implementation into two types: update calls and query calls, while update calls take 1-2 seconds to finish and query calls consuming milliseconds.

  • The Network Nervous System (NNS) is responsible for everything from ICP economics to network upgrades. The NNS is a self-contained "master" blockchain that utilizes a public key to validate ICP network transactions. The NNS will potentially put proposals to a poll, such as appointing new node machines, which can be voted on by individuals who have their ICP tokens secured. The governance system is NNS, and the voting authority is represented by neurons.

One of ICP's goals was to rectify Ethereum's constraints while retaining safety and decentralization. EOS, for example, has initially been rebuked for such a concession.

Internet Computer asserts that it can accomplish transfers in 1 to 2 seconds. This is significantly prolonged than Bitcoin's 10-minute and Ethereum's 15-second durations (depending on network traffic). The Internet Computer contends to have a block rate of 2.5 blocks per second (bps), with the goal of increasing it to 1,000 bps by the end of 2021.

Price Of Coin

$ 50.41

Market Capitalization

$ 8,216,590,084

24 Hour Trading Volume

$ 312,425,647

Fully Diluted Valuation

$ 23,668,313,488

Circulating Supply 


Total Supply


Max Supply


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Calculator Internet Computer

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