Overview of ICP Upgrades by Dominic Williams
Dominic Williams, chief scientist at DFINITY Foundation, revealed significant upgrades to the Internet Computer blockchain protocol. The updates aim to enhance security, artificial intelligence capabilities, decentralized autonomous organizations, and on-chain governance within the ICP ecosystem.
New Developments on Internet Computer Network
Williams shared details of the latest advancements on the Internet Computer network, highlighting the cyber attack immunity of ICP-native applications. These developments have improved security on the platform, making blockchain web development more straightforward and reducing app administration requirements. Additionally, new ICP software has expanded AI functions, allowing developers to train network-resident AI models to facilitate various tasks, such as setting sell limit orders for Bitcoin.
Automated Processes for Decentralized Organizations
ICP has introduced automated processes for decentralized autonomous organizations (DAOs) and on-chain governance. With the integration of AI DAO tools, tasks within the community can be managed efficiently, reducing the likelihood of errors and bugs in codes. These updates have led to a significant increase in on-chain computing capabilities, with a 500% year-on-year growth in this area as highlighted in the updated deck.
