/biz/ - Business & Finance

Link is mooning

Icp is about the crash back to the single digits. Top is in.

ICP is hyperinflationary

https://twitter.com/Justin_Bons/status/1748762762363162717?t=Jg8sr3ncYP-05r6IPDna8A&s=19

1/9) Dfinity sacrifices decentralization for scalability

Despite their lofty & outlandish claims, ICP is highly centralized & insecure

You can attack & censor ICP subnets by only attacking a handful of known nodes in data centers

The problem lies with ICPs consensus algorithm:

2/9) ICP has an extremely modular design, made up of independent subnets

However, unlike DOT & ATOM, there is no option for "shared security"

That means each subnet is responsible for its own security

This inevitably results in very low validator counts, endangering users:

3/9) As the security of using ICP is entirely dependent upon whatever subnet you are using

In practice, this translates into extremely low-security guarantees

This applies to all of ICPs features

Such as HTTPS Outcalls (oracles), canisters (smart contracts) & BTC integration

Is ICP a scam?

>>57344655

>>57344609
ICP

Is it over?