What Does the Internet Computer Actually Do?
What does the IC actually do? What problems does the IC solve? And where does the IC stack up against the thousands of alternative coins on the market?
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Issue 40 of our ever-popular weekly newsletter. Sign up today to have it delivered to your inbox!
The Internet Computer as a Layer 2 Solution for Bitcoin
Designed to integrate with other blockchains, the IC has the capacity to breathe new life into existing cryptocurrencies like BTC, and allows us to reimagine their use cases and implementation.
Proof-of-Useful-Work is Vastly Superior to Other Consensus Mechanisms
The Internet Computer utilizes a consensus protocol called Proof-of-Useful-Work (PoUW), which is a highly advanced mechanism that is far more efficient than the consensus methods used by other first-layer blockchain networks today.