Cardano Is Being “Stored” on ICP, Dfinity Joins Third-Gen Crypto Arena
Charles Hoskinson recently fired back with humor at Dfinity’s recent claim of a substantial upgrade in their Internet Computer (ICP) protocol.Thanks for storing Cardano. You can always use that canister to...
Charles Hoskinson recently fired back with humor at Dfinity’s recent claim of a substantial upgrade in their Internet Computer (ICP) protocol.
Thanks for storing Cardano. You can always use that canister to rebuild ICP if you ever need to
— Charles Hoskinson (@IOHK_Charles) January 15, 2024
Dfinity proudly announced a breakthrough in their canister smart contracts, boasting a robust 400GiB in stable memory. This enhancement, they asserted, could accommodate a staggering 17.4 million Ethereum smart contracts or the entire Cardano blockchain—twice over.
Seizing the moment, Hoskinson responded tongue-in-cheek, “Thanks for storing Cardano. You can always use that canister to rebuild ICP if you ever need to.”
ICP Canisters: The Engine of Internet Computer’s Ambition
At the heart of Dfinity’s ambitious blockchain project, the Internet Computer, lies its groundbreaking feature—canisters. These high-capacity smart contracts don’t just execute code; they also store the application’s state.
This innovation significantly boosts the efficiency and scalability of hosted blockchain applications, setting the stage for the next generation of decentralized applications (dapps).
In a strategic move in April 2022, Dfinity welcomed Eva Oberholzer, a familiar face from the Cardano camp, as their new chief growth officer.
The move was calculated to propel the Internet Computer into the mainstream, showcasing a cross-pollination of talent between the two projects. Hoskinson’s congratulatory message at the time hinted at the mutual respect these blockchain giants have for each other.
In 2021, when Dfinity entered the “major leagues,” Hoskinson extended a warm welcome via social media, acknowledging the moment’s significance.
Looks like we have another third gen entering the arena. Lots of stuff to read this weekend. Welcome to major leagues Dfinity. pic.twitter.com/ERQVcHdcdy
— Charles Hoskinson (@IOHK_Charles) May 11, 2021
As we fast forward to early 2024, the friendly banter has translated into tangible success for the Internet Computer project. The ICP token is surpassing even the market performance of meme coin sensation Shiba Inu.
Dfinity’s canisters, once a subject of playful remarks, are now propelling the Internet Computer into the limelight, underlining the rapid evolution and maturation of the third-generation cryptocurrency space.
Delegate Your Voting Power to FEED DRep in Cardano Governance.
DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!
