Thread by @lysergin33

Supper Bullish on #ICP, Super Bearish on NNS

If you understand this, half of your #ICP ride is sorted for this decade

You can theoretically host a smart contract platform to build and launch a space station to the orbit 🧵

catpirate.substack.com/p/build-anythi…

I have said this before, now with more context, and more content.

https://twitter.com/lysergin33/status/1536359726069338114?s=46&t=1E5OVSgxJ1J_hvygGHUqsA

Revolutionary Smart Contracts can be used directly with your browser without extensions or wallets.

This comes with trade offs like the requirement of an on-chain governance system to remove malicious content & services that could be hosted entirely on blockchain.

NNS is the Heart and Soul of the Internet Computer Protocol

Network Nervous System is the ‘open’ algorithmic on-chain governance system governing the Internet Computer Blockchain.

NNS controls and owns the entire protocol. Why NNS?

Blockchains are known for their resiliency & censorship resistant nature because the nodes hosting and powering these computations are decentralized around the globe.

This can be rocket fuel for both good and bad. That’s why Spamhaus blocked ic0.app domain 👇

Spamhaus project compiles anti-spam lists which is used by ISPs to protect users

But NNS is based on pure liquid democracy, which makes it permissioned.

Because of this there also exists platform risk on the Internet Computer.

catpirate.substack.com/p/censorship-p…

Most of the Killer Features for #ICP’s growth were developed in 2022

- HTTPS Outcalls
- SNS & ICRC-1 Token Standard
- threshold ECDSA for ckBTC & multi-chain integration
- Gen 2 Hardware
- Threshold Key Derivation to Re-imagine Privacy

And many more

But there were a few uh.. ???

https://twitter.com/lysergin33/status/1547467979880681472?s=20

ICP’s growth is inevitable, but the Metaverse WILL BE built on Decentralized infrastructure.