Join Our Mailing List
Tuesday January 31, 2023
Bitcoin (BTC) $23,137.20   Ethereum (ETH) $1,592.18
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Networks & Protocols

DFINITY launches developer network, shows off decentralized TikTok app

As part of showcasing the performance and utility of the Internet Computer, DFINITY unveiled the newest sample app 'CanCan', an open version of TikTok. It has no corporate or governmental owner...

Published by CryptoNinjas.net
06/30/2020
DFINITY launches developer network, shows off decentralized TikTok app

DFINITY, a decentralized and non-proprietary network, today announced that the Internet Computer is now open to third-party developers and entrepreneurs to build the next generation of decentralized mega-applications aimed at rebooting the internet. The Internet Computer is a platform to host emerging innovations in secure software and open internet services.

DFINITY has also built CanCan, an open alternative to TikTok that is not owned or operated by a corporate or government entity. CanCan is built with less than 1,000 lines of code to showcase the simplicity of building on the Internet Computer — a stark contrast to Facebook, which has taken over a decade to build and contains over 62 million lines of code.

This paradigm shift in how software is built is made possible by breakthroughs in advanced computer science, cryptography, and programming languages such as:

  • Motoko, a new programming language optimized for the Internet Computer and designed by Andreas Rossberg, Co-Creator of WebAssembly;

  • The Internet Computer’s serverless architecture, which allows the internet to natively host software and services — eliminating the need for proprietary cloud services;

  • And an elimination of the need for legacy software components and services such as web servers, databases, and firewalls, vastly simplifying the developer experience.

“One of the biggest problems emerging in technology is the monopolization of the internet by Big Tech — companies that have consolidated near-total control over our technologies. They collect vast amounts of information about us that they sell for profit and leverage to amass greater market share, and acquire or bulldoze rivals at an alarming rate. They continue to grow bigger by the moment,” said Dominic Williams, Founder and Chief Scientist at DFINITY. Williams added, “The Internet Computer provides a means to reboot the internet — creating a public alternative to proprietary cloud infrastructure. It will empower the next-generation of developers and entrepreneurs to take on Big Tech with open internet services. It aims to bring the internet back to its free and open roots — not dominated by a handful of corporations.”

This major milestone — the Tungsten release of the Internet Computer (aka, Developer Network) — also means that DFINITY will extend invites to third-party developers and entrepreneurs, allowing them to build and deploy their own apps and projects onto the Internet Computer. Startups and entrepreneurs will now have the opportunity to create decentralized mega-applications and DeFi systems that will challenge Big Tech’s monopoly. Projects currently being built on the Internet Computer include a decentralized payment application and a pan-industry platform for luxury goods. Successful and promising applications may also benefit from Beacon Fund, an ecosystem fund stewarded by the DFINITY Foundation and Polychain Capital that aims to support DeFi apps and open internet services built on the Internet Computer.

Earlier this year, when DFINITY demonstrated LinkedUp at the World Economic Forum in Davos, it ran on independent data centers in Switzerland. Today’s Developer Network milestone runs on a global network of independent data centers distributed across Europe and the United States. This decentralized network ensures that the Internet Computer is fast, secure, scales to billions of users around the world, and supports a new breed of software from open internet services such as LinkedUp and CanCan to DeFi applications.

“The Tungsten release of the Internet Computer is a great leap forward leading to a fully decentralized and public extension of the internet. It is an upgrade of the internet so it can natively host software and services,” said Dominic Williams, Founder and Chief Scientist at DFINITY. Williams added, “For the first time, developers and organizations get a taste of the new computing paradigm in action. Software is created by simply uploading it directly to the internet, where it runs on a global network of independent data centers within a tamper-proof environment. There is no need for complex legacy components such as proprietary cloud services, web servers, databases, middleware, and firewalls.”

Interested developers and enterprises can submit an application to access the Internet Computer starting July 1, 2020, via dfinity.org. The Internet Computer network has a $2 billion dollar valuation and is backed by investors such as Andreessen Horowitz, Polychain Capital, and SV Angel.

153
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

DFINITY brings new smart contract functionality to Bitcoin with Internet Computer integration

12/05/2022
DFINITY brings new smart contract functionality to Bitcoin with Internet Computer integration

DFINITY Foundation, the not-for-profit organization contributing to the development of the Internet Computer (IC) — a high-speed, internet-scale public blockchain — has announced today the Internet Computer's mainnet integration with Bitcoin, bringing smart contract...

Read more

DFINITY community upgrade enables smart contracts the ability to transfer ICP tokens

11/29/2021
DFINITY community upgrade enables smart contracts the ability to transfer ICP tokens

The DFINITY Foundation, the organization behind the Internet Computer general-purpose blockchain and web3 platform, today announced that a proposed upgrade to expand support for all canister smart contracts to be able to hold and...

Read more

DFINITY launches $200M+ developer grant program for the ‘Internet Computer’ ecosystem

05/25/2021
DFINITY launches $200M+ developer grant program for the 'Internet Computer' ecosystem

The DFINITY Foundation, a not-for-profit organization created to build, promote, and maintain the 'Internet Computer' a public computing platform powered by blockchain, today announced the launch of the Internet Computer Developer Ecosystem Program to...

Read more

OKEx backs DFINITY’s ‘Internet Computer’ ecosystem with $10M and ICP listing

05/13/2021
OKEx backs DFINITY's 'Internet Computer' ecosystem with $10M and ICP listing

OKEx, a popular cryptocurrency spot and derivatives exchange, has listed the utility token of DFINITY's 'Internet Computer' platform, ICP. Operated by a completely open governance system, the Internet Computer — a blockchain network under...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy