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Internet Computer, the £15bn cryptocurrency that aims to remake the web


Internet Computer, the £15bn cryptocurrency that aims to remake the web
Dominic Williams wants to loosen the grip of cloud computing giants like Amazon with a decentralised alternative
21 May 2021 • 9:00am
For a man whose cryptocurrency has lost nearly £15bn in just over a week, Dominic Williams seems strangely relaxed.
“Look at the crypto markets too much and you’ll get an aneurysm,” he says wryly. 
Certainly, this week has likely given crypto enthusiasts a headache.  The price of Bitcoin, the most popular cryptocurrency, shook markets on Wednesday with a 31pc plunge in the morning followed by a 33pc surge in the afternoon. ....

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Overnight crypto sensation sets out to undo internet's failings


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Crypto Sensation Internet Computer Wants to Undo Internet's Failings


Overnight Crypto Sensation Internet Computer Sets Out to Undo Internet’s Failings
It wants to allow developers to launch their software directly to its network that it claims can’t be controlled or manipulated by tech giants.
Bloomberg | May 13, 2021
Matthew Leising and Olga Kharif (Bloomberg) The cryptocurrency that shot to a more than $45 billion valuation since it began trading on Monday could be just the tip of the iceberg for a new type of blockchain that hopes to remake how people interact with the world wide web.
While the surge in the value attracted headlines, the Internet Computer project run by the Dfinity Foundation and its founder Dominic Williams has actually been in development for several years. The goal is twofold to improve the slow pace of most blockchain technology and remove gatekeepers like Amazon Web Services as the centralized, for-profit entities that both blockchain and websites rely on. The token, dubbed Internet Compute ....

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