🌎 Internet Computer Upgrades Boost Security, AI, and On-Chain Governance

Dominic Williams, chief scientist at DFINITY Foundation, recently announced significant upgrades to the Internet Computer blockchain protocol.

Williams shared an updated Internet Computer deck highlighting new developments on the self-proclaimed “World Computer” decentralized network. One notable assertion in the document is that ICP-native applications are immune to cyber attacks.

This means that tools built and hosted on ICP’s network are safeguarded from hackers and ransomware attacks. Enhanced security has facilitated easier blockchain web development and reduced app administration requirements.

The information provided by Williams also mentioned that new ICP software enhances artificial intelligence functions. Developers can now train network-resident AI models to “design, build, deploy, and handoff” apps. For instance, a user can set Bitcoin sell limit orders using AI prompts, where limit orders are trades executed at pre-determined prices.

ICP has also introduced automated processes for decentralized autonomous organizations (DAOs) and on-chain governance. Essentially, an AI model can manage tasks upon community proposal submissions.

AI DAO tools on ICP can finalize proposal parameters if they gain community approval, thereby minimizing human errors and code bugs. Williams and the DFINITY Foundation noted that these updates have significantly boosted on-chain compute on ICP’s network, with the updated deck indicating a 500% year-on-year growth in this area.

DFINITY Foundation originated from Ethereum’s community in 2015 and launched the open-source ICP protocol in May 2021. ICP aims to be a global decentralized chain where anyone can build anything.