This year has been a remarkable journey for us at ICP Hub NG. Our Twitter Spaces have become a vibrant platform where enthusiasts, developers, entrepreneurs, and curious minds gather to discuss the Internet Computer Protocol (ICP). It’s been thrilling to host conversations that sparked curiosity, fostered learning, and deepened understanding of blockchain technology.
In the blockchain world, forks are a natural phenomenon. They represent a divergence in a blockchain protocol that can lead to different outcomes. Think of it as a path splitting into two—each leading somewhere entirely different. Forks happen for various reasons, ranging from upgrades to disputes over the future direction of a blockchain.
Startups leveraging the Internet Computer Protocol (ICP) stand at the intersection of Web3 innovation and real-world impact. As a blockchain framework prioritising scalability, decentralization, and developer-friendly tools, ICP is an ideal platform for startups to build next-generation applications. However, success doesn’t only hinge on technology; tracking the right product metrics is pivotal in ensuring the growth, sustainability, and overall success of projects built on ICP.
Every revolutionary technology has a hidden engine driving its success. On the Internet Computer Protocol (ICP), that engine is the canister. You might not hear about it often, but canisters are transforming how decentralized applications are created, operated, and scaled. Whether it’s enabling real-time interactions or providing secure, affordable storage, canisters are quietly reshaping the future of Web3—and you’re about to see why they matter.
When you think about blockchain governance, it might sound complicated, but on the Internet Computer Protocol (ICP), it’s made simple through the Network Nervous System (NNS). Imagine having a say in how a blockchain runs, just like voting in a community meeting. That’s what the NNS allows you to do, and here’s how it works in straightforward terms.
Creating a decentralized application (dApp) on the Internet Computer Protocol (ICP) opens up exciting opportunities in the Web3 space. However, as with any project, it’s essential to understand the costs involved from the outset. This guide provides an overview of a pricing calculator designed to help you estimate the expenses of deploying and maintaining your dApp on ICP.
One of the many features of the Internet Computer Protocol that is constantly shaping the blockchain space is the SNS or “Service Nervous System”. This allows entrepreneurs and developers to create a decentralized and tokenized system for dapps. SNS which is somewhat similar to NNS “Network Nervous System”, which is an “open tokenized governance system” is an algorithmic DAO, that will enable developers to establish decentralized, token-based governance for their dapps.
If you’re someone who loves fashion and is excited about riding the wave of innovation but doesn’t know where to start, this article is for you. Blockchain is revolutionizing the way we create, buy, and interact with fashion, and you don’t need to be a tech genius to join the movement.
Nigeria's power crisis is a significant obstacle for tech professionals, with grid instability forcing many to rely on costly and unsustainable alternatives. With over $26 billion lost annually due to electricity challenges, navigating these issues is essential for maintaining productivity and contributing to national development. Here’s a comprehensive guide that could help you overcome these challenges while fostering growth in your community.
Building a fast, reliable, and scalable decentralized application (dApp) requires more than just a great idea—it demands a solid communication infrastructure. On the Internet Computer Protocol (ICP), this communication happens through Inter-Canister Communication (ICC). ICC is the foundation that enables different components of a dApp, known as canisters, to interact seamlessly in a decentralized environment.
The blockchain landscape is witnessing a paradigm shift as digital investments evolve into digital consumables, driven by increased adoption and demand for utility. According to a report by CoinTelegraph Research, the global blockchain market size is expected to reach $163 billion by 2029, growing at a compound annual growth rate (CAGR) of 56.3% from 2023. Additionally, the NFT market alone surpassed $24.7 billion in 2022, with a significant portion of growth attributed to utility-based NFTs in sectors like gaming, entertainment
In Nigeria, with nearly 75% of the population accessing the internet via mobile devices, the country’s digital economy is rapidly expanding. Blockchain technology is anticipated to play a critical role in Nigeria’s digital ecosystem as more businesses adapt to decentralized solutions. Statista highlights that in 2023 alone, blockchain adoption in sub-Saharan Africa grew by 40%, showing a strong trend toward innovative business solutions across the continent.
To ensure the longevity of Web3 and blockchain projects, understanding user behaviour is paramount. For developers leveraging the Internet Computer Protocol (ICP), a decentralized platform recognised for its scalability and developer-friendly framework, monitoring user retention is vital. One critical metric in this context is the churn rate.
Nigeria’s security landscape presents unique challenges that highlight a critical need for innovation in public safety. With crime rates rising—spanning everything from armed robbery to kidnapping—the Nigerian Police Force (NPF) and other security agencies face difficulties due to limited technology, underfunding, and bureaucratic bottlenecks.
As a developer, you're likely skilled in a variety of programming languages, each suited to different use cases. You’ve mastered the art of choosing the right tools for the job, but let’s be honest—sometimes the limitations of a platform dictate your choices.
Transitioning from Web2 to Web3 can be a bit delicate, especially in comprehending the fundamentals of the core of the technology. But irrespective, with the emergence of Web3, developers are presented with exciting opportunities to build decentralized and blockchain-based applications which are in this day and age the peak of the technological revolution for the future. If you're a Web2 developer looking to leap into Web3 development, this article will guide you through the transition using some key concepts from the Internet Computer Protocol (ICP) models.
PITCHTUESDAY is a Bi-weekly platform for builders within the ICP.Hub Sahara’s community to pitch their innovative ideas and startups they are developing on ICP. This initiative invites startups operating in both Web2 and Web3, especially those harnessing the power of ICP, to pitch their innovative ideas in exchange for grants and invaluable support. The platform is set to be a game-changer for entrepreneurs across West Africa.
GeoAchieve, founded by software engineer Ayanwola Ayomide, is on a mission to transform how educational and professional achievements are verified, displayed, and valued. GeoAchieve enables institutions, web3 communities, and bootcamps to mint achievement NFTs embedded with geolocation metadata, creating an immutable, verifiable, and globally accessible digital record of accomplishments.
In recent years, the intersection of decentralized technologies and artificial intelligence (AI) has sparked new forms of innovation, particularly through DePIN (Decentralized Physical Infrastructure Networks). On the Internet Computer Protocol (ICP) platform, these two technologies form a powerful synergy that has the potential to revolutionize industries by decentralizing and automating physical infrastructure networks. The ICP blockchain's unique capabilities further amplify the potential of this relationship, driving efficiency, transparency, and scalability in real-world applications.
In Web3 development, the focus often leans too heavily on the final product, neglecting the importance of the process. However, while the end result is important, the path taken to achieve it is equally vital. From initial brainstorming to deployment and ongoing maintenance, the development process can make or break a successful launch, and poor handling of these stages can lead to delays and other issues. The way your Web3 development company manages each phase will directly impact the solution's quality, longevity, and security.
Integrating Telegram mini-apps with the Internet Computer Protocol (ICP) is a powerful way to enhance decentralized applications (dApps) with messaging-based functionality. Whether you want to leverage Telegram’s vast user base to improve communication for your dApp or enhance community governance and engagement, this guide will walk you through the process of building, deploying, and linking a Telegram mini-app to an ICP-based project.
Given the wide range of tools blockchain developers rely on, such as version control, code review platforms, git repository hosting, and bug tracking systems, it's crucial to consider several factors when selecting IT equipment for development teams. Not all equipment will fulfil their specific needs, whether software or hardware.
Blockchain technology relies on different methods of "consensus mechanisms" to keep its networks secure and validate transactions. Two of the most popular mechanisms are Proof of Work (PoW) and Proof of Stake (PoS). However, newer blockchain networks like the Internet Computer Protocol (ICP) use alternative consensus models that push the boundaries of what blockchains can achieve. Let’s dive into how PoW and PoS work, what makes ICP’s approach unique, and why it matters.
For African remote workers, freelancers, and small business owners, cross-border payments can be a persistent challenge. High fees, lengthy transaction times, and unreliable services often hamper financial stability and hinder access to global opportunities.
Blockchain technology and cryptocurrency are often confused, while cryptocurrency—Bitcoin, Ethereum, or maybe Dogecoin is a popular application of blockchain, it's not the only one. Blockchain offers a wide range of potential benefits across various sectors, from finance and agriculture to healthcare and education.
Traditional (AI) and Generative AI are two closely related but distinct branches of artificial intelligence. While both involve machines that simulate human-like intelligence, the scope and functionality of these technologies differ in significant ways. In this article, we will explore the core differences between Traditional AI and Generative AI, their applications, and how each contributes to shaping the future of technology.
In a market projected to exceed $15 billion by 2028, LitPad stands as a pioneering platform redefining digital storytelling. LitPad, launching in mid-December 2024, is built with the goal of creating an inclusive space for serialised fiction. Led by CEO and founder Deborah, also known as Xenia, the platform aims to enable writers to publish securely and monetise effectively while offering readers affordable access to a rich variety of stories in both text and audio formats.
Technology is changing Africa, with new tools like facial recognition cameras, drones, robots, and smart cities becoming more common. This improves things like tax collection and fighting corruption but also comes with risks.
Streamlivr is a groundbreaking new platform aimed at marking a significant milestone in the evolution of Africa's creator economy with over 2,000 users currently and a target to hit 20,000 users in one year. Positioned as a web3-powered solution for live streaming and event ticketing, Streamlivr combines the best features of platforms like TikTok and Twitch, with the added benefits of blockchain technology.
Small and Medium Enterprises (SMEs) are the backbone of economies worldwide, particularly in Africa. SMEs can be described as businesses with a limited number of employees and revenue (usually fewer than 250 employees and under $50 million in revenue), SMEs account for the majority of economic activity in many African countries.
In Nigeria, the rise of decentralized applications (dApps) has caught the attention of regulators. Given the disruptive nature of blockchain technology and cryptocurrencies, ensuring compliance with the country's legal framework is critical for developers aiming to bring their dApps to the public. This article explores how to acquire the necessary license for a dApp in Nigeria, where to go, and how much it costs.
As a developer on ICP, understanding the distinction between query calls and update calls is essential for building decentralized applications (dApps) on the platform. This distinction impacts the performance, security, and design of applications running on the ICP. To provide a clear understanding, this article will explore the nature of both types of calls, their use cases, and the technical differences that influence the execution of dApp logic.
If you're exploring Web3, there is no better place to be than the Internet Computer Protocol (ICP). ICP is reshaping blockchain technology with solutions that push beyond traditional limits. These key use cases we've highlighted here can illustrate why it's the ideal choice for building decentralized and secure applications. 🌐
You have a brilliant idea for a tech startup, but there’s just one problem: you’re not a tech person. You’ve heard the buzz about blockchain, Web3, and the Internet Computer Protocol (ICP), but you’re not quite sure where to start. The good news? ICP is designed to be a user-friendly platform, and with a little guidance, you can bring your tech startup to life—even without coding expertise. Here’s a step-by-step guide on how you, as a non-tech entrepreneur, can get started with ICP.
As the demand for decentralized solutions continues to rise, Daosky, a new platform for creating and managing Decentralized Autonomous Organizations (DAOs), is making waves in the blockchain world. Led by Olaiya Ismail Olayimika, Daosky offers a user-friendly interface that simplifies DAO creation, empowering individuals, communities, and businesses to adopt decentralized governance models without needing deep technical knowledge.
Before Decide AI, the tech world grappled with the complexities of decision-making in decentralized applications. Imagine a scenario where a smart contract needs to determine the winner of a decentralised auction, meaning that decentralised platforms still need to use centralised methods to make these selections. Traditional methods involved complex algorithms and centralized servers, introducing vulnerabilities and potential manipulation. The lack of trust is inherent in centralised systems often hindered the adoption of decentralised solutions.
Generative AI has significantly enhanced video game development, especially for creating non-player characters (NPCs). NPCs are computer-controlled characters in video games that interact with the player. Traditionally, NPCs were scripted to follow specific patterns of behaviour, making them predictable and often lacking depth.
The convergence of decentralized applications (DApps) and popular communication platforms is changing how users interact with blockchain technology. Among these platforms, Telegram stands out as a vital communication tool in the crypto industry, with 700 million monthly active users, supporting a wide range of blockchain users and developers. It hosts crypto-focused channels and groups, fostering a robust community.
In the world of game development, the tools and infrastructure a developer chooses can significantly impact the final product. Gamekit is a well-known platform that offers various games to players globally. We’ve always known it, to use AWS (Amazon Web Services) to provide a secure and smooth gaming experience. AWS offers a strong foundation that helps Gamekit handle the increasing number of gamers, but this whole experience is not without its downsides.
Blockchain applications, often referred to as decentralized applications (dApps), are powerful and transformative technologies. However, their complexity can be a major barrier for many users, especially those new to the decentralized world. For Internet Computer Protocol (ICP) developers, crafting a seamless UI (User Interface) and UX (User Experience) for these dApps is crucial to ensuring user adoption, retention, and satisfaction. This article explores how to create a smooth, user-friendly design and highlights specific dApp examples to illustrate how design features can be improved to deliver a top-notch experience for users, particularly noobs.
According to Statista, the global AI robotics market size in 2024 grew past 19 billion U.S. dollars, a nearly 30 percent growth compared to 2023 market size. By the end of the decade in 2030, it is expected to surpass 35 billion U.S. dollars. This is a considerable rate of growth, with nearly 20 percent of market value added annually. Artificial intelligence (AI) and robotics have been increasingly intertwined, driving groundbreaking advancements that are reshaping industries across the globe. As AI continues to evolve, its integration with robotics is set to redefine automation, manufacturing, healthcare, and beyond. The integration of Blockchain technology into robotics and AI is also a revolution that is rapidly expanding. While this is a relatively new area, there's great
In a recent fireside chat, Dominic Williams, the visionary founder and Chief Scientist of DFINITY, shared his insights on the evolving landscape of artificial intelligence (AI) and its intersection with blockchain technology. The discussion, hosted by Tracy Trachsler, DFINITY’s Head of Institutional Relations, shed light on the Internet Computer’s (ICP) remarkable achievements and the exciting innovations on the horizon. From the potential of running AI on blockchain to the creation of MotokoPilot, these advancements are set to redefine the future of decentralized applications (dApps) and smart contracts.
In a 2021 survey by Statista, over half of surveyed supply chain professionals stated that they found supply chain disruptions and shortages extremely or very challenging. During the survey, demand-side challenges, such as faster response time were cited among the most difficult hurdles supply chain companies face. As global awareness of environmental and social issues grows, the demand for sustainable supply chains has never been higher. Businesses are under increasing pressure to ensure that their operations are ethical, transparent, and environmentally responsible.
In the demanding world of software development, maintaining a healthy work-life balance is crucial. The constant pressure of tight deadlines and the need to stay updated with the latest technologies can take a toll on your mental and physical health. However, by prioritizing your well-being, you can not only improve your overall quality of life but also enhance your productivity and creativity as a developer.
One good thing about the blockchain space is that you are never too late to join its evolution, the same goes for digitalizing your already existing real-world assets and not just only tokenizing your old assets but also having the capacity to own a piece of fractional digital assets of large cooperations, imagine that.
Blockchain technology has evolved from its roots in cryptocurrency to a transformative force across various sectors, including governance and economics. As countries explore the potential of blockchain, they are implementing this technology in diverse areas to enhance transparency, efficiency, and security.
Agriculture has always been a critical sector in Africa, but the challenges of unpredictable weather patterns, resource scarcity, and inefficient farming practices have limited its potential. Precision farming, powered by AI and Blockchain, is emerging as a game-changer, enabling African farmers to optimize crop yields, reduce waste, and increase profitability around the world. Continents like Africa should with intensity, maximise the potential of precision farming in other to speed up productivity and alleviate poverty
The world of Non-Fungible Tokens (NFTs) has exploded in recent years, offering artists, creators, and developers new ways to engage with digital assets. As a developer, building an NFT marketplace can be a rewarding venture, especially on a vast platform like the Internet Computer Protocol (ICP). This article aims to guide you through the process of becoming an NFT marketplace developer on ICP, explaining how the market functions, common pitfalls to avoid, and advantages to leverage, using existing ICP-based NFT marketplaces as examples.
If you've spent any time in the blockchain space, you've likely come across the phrase "do your own research," or "DYOR" for short. These phrases highlight the inherent risks of crypto trading and investing. Often, they are used as disclaimers to avoid legal responsibility or blame if things go wrong. You can read the article on identifying regulatory and legal frameworks for tech startups in Nigeria.
The Internet Computer Protocol (ICP) continues to push the boundaries of blockchain interoperability with its latest Chain Fusion milestone, Deuterium. Following the successful Tritium milestone, which expanded ICP's capabilities to Ethereum and other EVM-compatible chains, and also the successful launch of the Cyclotron milestone which represents a substantial leap towards enabling sophisticated AI applications directly on the blockchain.
Introduction to ESG Environmental, Social, and Governance (ESG) refers to a set of criteria used to evaluate a company’s operations in terms of sustainability, social responsibility, and governance practices. These criteria help measure how a business impacts the environment, how it manages relationships with employees, customers, and the community, and how its leadership ensures accountability and ethical behaviour.
MotokoPilot is changing the narrative of traditional blockchain programming languages by introducing a more sophisticated and user-friendly approach. Internet Computer Protocol (ICP) is emerging as a frontrunner, by pushing the boundaries of what's possible, recently introduced MotokoPilot, an AI-powered development tool tailored for ICP. As AI and blockchain continue to converge, MotokoPilot offers a glimpse into the future of decentralized applications, promising to redefine the way developers create and interact with smart contracts.
The sports industry, once considered a technology laggard, is now a hotbed for innovation. Its massive fan base and high-profile nature make it an attractive platform for businesses to showcase their latest products and services. By using sports organizations as a launchpad, companies can create unique and engaging experiences for fans. Web3 technology, with its potential to revolutionize how fans interact with sports, is set to further propel the industry into the future.
In an increasingly sophisticated age of cybercrime, DFINITY has unveiled Utopia, an advanced cloud fortress powered by the Internet Computer Protocol (ICP). Since the digital world has become a battlefield, with cybercriminals launching more advanced attacks each year, In 2024 alone, nearly 36 billion records were exposed across thousands of data breaches.
In every blockchain development, testnets are typically vital for developers to test and refine their applications before deploying them to the mainnet. However, the Internet Computer Protocol (ICP), developed by the DFINITY Foundation, offers a unique approach that eliminates the need for a traditional public testnet. Let's see why ICP does not have a public testnet network and how its architecture supports developers in deploying and testing canister smart contracts directly on the mainnet.
The Software as a Service (SaaS) model has been a cornerstone of the digital revolution, offering scalable, accessible, and cost-effective solutions to businesses worldwide. As technology continues to evolve, the Internet Computer Protocol (ICP) emerges as a transformative force, determined to revolutionise SaaS by leveraging blockchain technology.
Major companies are heavily investing in metaverse development solutions. Notable investments include Mark Zuckerberg's $47 billion commitment and Apple's recent launch of Vision Pro alongside Ray-Ban Meta Smart Glasses. Creating a functional and engaging metaverse demands a complex interplay of various technological components. Virtual and augmented reality technologies deliver immersive experiences. Advanced graphics render detailed 3D environments and lifelike avatars.
One of the most innovative intersections of modern technology is the fusion of blockchain gamification in the educational system. This approach not only enhances learning experiences but also offers tangible rewards and skill development. The "Quest to Earn" (Q2E) model is a prime example of this transformative potential, leveraging blockchain technology on platforms like the Internet Computer Protocol (ICP) to create immersive educational experiences.
As a developer, leveraging the right tools can significantly enhance your productivity and streamline your development process. Visual Studio Code (VSCode), a versatile and highly customisable code editor, is an excellent choice for ICP development. This article will guide you through the initial setup and configuration of VSCode for ICP, including the installation of necessary extensions and plugins.
As a founder of a tech or blockchain startup in Nigeria, understanding and adhering to the regulatory and legal landscape is crucial for the success and sustainability of your business. Nigeria's technology sector is rapidly growing, with numerous opportunities and challenges. This article provides an overview of the regulatory and legal framework for tech startups in Nigeria and offers practical guidance on how to navigate it.
Traditionally making income in this monopolised and centralised economy can be a daunting task, especially for young people in Africa. Access to capital, secure financial systems, and global reach are often hurdles that limit opportunity. But what if there was a technology that could break down these barriers? Let's explore blockchain, a revolutionary system that's transforming the way we think about money, ownership, and trust.
The updated roadmap for ICP was recently released and one of its key focus was the Cyclotron milestone. It is exciting to announce that the Internet Computer Protocol (ICP) recently achieved this significant milestone known as Cyclotron. This development represents a substantial leap towards enabling sophisticated AI applications directly on the blockchain. The successful completion of the Cyclotron milestone, approved in Proposal 13094, underscores ICP’s commitment to revolutionising the integration of AI and blockchain. Here’s a Facial Recognition Demo by Dominic Williams
Improving user experience (UX) on blockchain decentralised applications (DApps) is essential for driving user adoption, building trust, and enhancing engagement. It also provides a competitive advantage in the crowded blockchain space and encourages valuable user feedback for continuous improvement. Prioritising UX is crucial for the success and sustainability of DApps as blockchain technology evolves.
Africa, particularly Nigeria, grapples with a complex healthcare landscape. From inadequate infrastructure and a critical shortage of medical personnel to fragmented medical records and limited access in rural areas, the challenges are numerous. Financial constraints further strain public health systems, making it difficult to meet the needs of the population. Despite these hurdles, a promising solution emerges: blockchain technology, particularly the Internet Computer Protocol (ICP), has the potential to revolutionize healthcare delivery across the continent.
In an innovative bid to encourage community engagement and support for emerging blockchain projects, ICP.Hub Sahara has just launched the DECKS token which promises to incentivise participation, reward supporters, and fuel the growth of its thriving community. This reward system is channelled through the DecaHack initiative, which focuses on blockchain bootcamps and hackathons across West African campuses.
The DECKS Tokenomics model is meticulously designed to foster ecosystem growth, incentivize participation, and ensure the long-term sustainability of the initiative. In this article, we'll delve into the detailed tokenomics of DECKS and explore why projects joining the second cohort of the DecaHack should leverage this token by incorporating robust tokenomics into their projects.
As a developer trying to expand your knowledge, build your skills and develop a strong portfolio that could make you a frontier in the blockchain world, exploring open-source blockchain projects unlocks a treasure trove of benefits.
Highlights; Climate Tech Opportunity: A booming market with €10 billion invested in Europe alone (Q4 2023). Blockchain, specifically ICP, can provide solutions for the energy transition and environmental commodities. Token Holder Governance: FOOTPRINT token holders would control the project's direction, incentives, and development. Global Public Good: IC Footprint tackles climate change, a major challenge for everyone.
Blockchain technology is undergoing a significant transformation with the advent of Chain Fusion on the Internet Computer Protocol (ICP). To champion this vision, the Internet Computer Protocol ICP, just hosted a full-day conference ‘’Chain Fusion Day’’ alongside EthCC in Brussels. This integration of CKETH, CKBTC, and CKUSD is already seen to mark a transformative moment in the evolution of blockchain technology, promising to enhance interoperability, scalability, and usability.
ICP.Hub Sahara, the official West African Hub for Internet Computer Protocol (ICP), is excited to introduce the DECKS token—a novel initiative designed to enhance engagement, reward participation, and foster community growth within the DecaHack initiative. DecaHack, a blockchain bootcamp and hackathon focused on West African campuses, has already established a robust community and given rise to several successful startups. The DECKS token aims to further incentivize participation and create a sustainable ecosystem where everyone benefits from shared success.
For users familiar with established blockchains like Bitcoin, the Internet Computer Protocol (ICP) can introduce some unfamiliar terminologies, particularly, the roles of node providers and miners which often get intertwined. In this article, we'll shed light on this key distinction. By understanding the unique functionalities of each, you'll gain a clearer picture of how ICP operates and the opportunities it presents.
It is no doubt that blockchain holds promise for revolutionising many industries across all boards, it's also essential to recognise that irrespective of the potential Web3 or blockchain has, not all technological innovation needs to be roped into the Web3 paradigm. We see a lot of potential projects get roped into Web3 with a short adoption time frame, knowing fully well that more than half of the population in this region (West Africa to be precise) still has a couple of years before they can boast of full adoption of blockchain into their every day lives. Investors also consider this when trying to invest in a project, questions like user adaptability, duration of the project’s feasibility and usability and lots more influence their choices.
Overview of Cycles on the Internet Computer Protocol Think of Cycles as the fuel that powers your dApps on the ICP network. Every action performed by a canister (ICP's smart contract equivalent) consumes cycles, including: Computation: Executing code within the canister. Storage: Persisting data on the network. Messaging: Sending and receiving messages between canisters.
Tackling a large project can be overwhelming sometimes. It is challenging to select the following steps when the project initially takes off. But with milestones specified, you can split enormous projects into smaller work catalogues and build a clear plan for how you're going to finish each project phase. Understand that milestones are not the same as the goals of a project. These two terms can be used interchangeably. A goal, on the other hand, is a result or an outcome that a person, team, or organisation has set for themselves to achieve success within a specific period. A milestone, however, is a measured and significant achievement required to meet a goal. The goal of your project may be to engage 2,000 users on your Dapp but the milestone includes all of the actions that must be completed to achieve that goal.
Staking isn't just a way to potentially earn rewards on your cryptocurrency holdings, it's a powerful tool that fuels the very foundation of blockchain technology. In essence, staking allows you to "lock up" your ICP tokens to support the network's security and stability. But why is this important? This article will delve into the world of ICP staking, explaining the mechanics, the benefits, and how you can join the movement to build a better future for the web.
According to a report by Grand View Research, the global blockchain social media market size for SociaFI was valued at USD 1.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 42.4% from 2022 to 2030. The growth potential for SocialFi is significant.
The Internet Computer Protocol (ICP) has made remarkable strides since its launch on May 10, 2021. In just three years, it has undergone numerous upgrades, processed over three billion blocks, integrated with major networks like Bitcoin and Ethereum, and even ran AI on the blockchain. This rapid development is the result of extensive R&D from some of the brightest minds in the tech industry. The overarching goal of ICP is to make blockchain singularity a reality, reimagining humanity’s services and operations on a decentralized platform. The updated roadmap, shaped by community feedback, outlines nine key focus areas that will drive the next phase of ICP's evolution.
The emergence of quantum cryptography represents quite a significant development in information security, offering remarkable levels of encryption based on the principles of quantum mechanics. This technological advancement holds profound implications for blockchain. With its potential to provide remarkable levels of security, quantum cryptography is positioned to address critical vulnerabilities in existing cryptographic systems. Let’s explore the fundamentals of quantum cryptography, and its implications for blockchain technology, and discuss the measures necessary to harness its full potential.
The Internet Computer Protocol ICP is home to the growing ecosystem of dapps that are scalable, interoperable and decentralized. Tokens which can be stored in ICP wallets, swapped on DEXs, collected as NFTs or tipped to friends while chatting can be tagged as an integral part of blockchain projects.
Nigeria, being one of Africa's economic powerhouse, has a delicate relationship with cryptocurrency. While the nation has a booming tech scene and a high rate of cryptocurrency adoption, the government has taken a cautious stance, issuing warnings and implementing restrictions on cryptocurrency exchanges.
The world of blockchain evolves not only in terms of new technologies but we wake up to new terminologies or buzzwords every now and then. Decentralised Physical Infrastructure Networks (DePIN) is one of those buzzwords gaining significant traction lately and ICP isn't left out. Let’s take a look at what DePIN represents in the blockchain ecosystem.
The founder of ICP, Dominic Williams in one of his Interviews about the integration of ICP with AI, stated that he believes the integration of the Internet Computer Protocol and AI has vast potential, allowing users to run their own AI models on the blockchain. He highlights that the Internet Computer is already equipped to support these advanced features.
Whitepaper is essentially a foundational document for a blockchain project. In this competitive innovative landscape, a brilliant concept alone isn't enough. You need a compelling whitepaper to secure funding, attract collaborators, and establish yourself as a leader. Here's a breakdown of what a blockchain white paper is and why it's important:
After delving into the importance of tokens in blockchain and how they can be leveraged as an asset to blockchain projects, the next important thing to look into as a startup is the tokenomics of your project. Creating tokenomics could be quite a challenging adventure for token-based projects because it requires deep knowledge and understanding of blockchain technology, market dynamics, and economic principles. But in order to achieve the long-term viability of your token, it is a system that one must set in place.
Play-to-earn, or P2E, is an innovative gaming development in which players take part in a virtual world and win prizes in the actual world.
The Internet Computer Protocol on Thursday 23rd 2024 made a significant leap forward with the integration of the Ethereum Virtual Machine (EVM) RPC. This was made known in an announcement by Dfinity Foundation, during the launch of its new API that enables ICP smart contracts to boycott intermediaries and still can read and write on the Ethereum virtual machine. Lomesh Dutta, VP of growth at Dfinity Foundation said in the statement released by the team, that they have added Optimism, Arbitrum and Base, [but] anyone can add other EVMs anytime.
At the recent Decahack event, projects built on the Internet Computer Protocol (ICP) faced intense questioning regarding the safety and trustworthiness of the ICP platform. While concerns about the security of any new technology are valid, it's essential to recognise that ICP offers unique features and advantages that make it a trustworthy and reliable platform for developers and users alike. In this article, we'll explore why Internet Computer Protocol deserves to be trusted for its safety, capacity, and use cases compared to other blockchain platforms.
The Computer Protocol is a platform that doesn't just provide developers with all the tools they need to build a scalable project but also provides a means by which these projects can scale in the real world. The provision of grants for developers in different phases of their projects is one of the perks of building on ICP. But sometimes these grants do take a while before they can be acquired. Should this limit the growth and productivity of your project to scale to at least the MVP stage of development? Absolutely Not!!!!
WebAssembly, also known as WASM and initially conceived as a binary instruction format for web browsers, has now expanded its scope beyond the confines of traditional web applications. Its initial inventors intended for it to function as a near-native, safe execution environment for untrusted code on the Web. Today, the WebAssembly ecosystem is flourishing with more than 30 runtimes and more than 20 programming languages.
You must have come across the word “Metaverse”, but maybe you don't know what it really means. It is safe to say that the metaverse is the future. We can describe the metaverse as a virtual space that blurs the line between physical and digital realities, it is also a space where users can interact, socialise and participate in numerous activities The metaverse relies on certain advanced technologies, which users can use to navigate virtual landscapes, participate in virtual events, interact with other avatars and participate in virtual events through the help of augmented reality (AR), Virtual Reality (VR), Artificial intelligence (AI), and blockchain, this is to help create an immersive and interactive digital experience.
Recently, the launch of ckETH on the Internet Computer Protocol (ICP) has sparked considerable interest within the crypto community. This innovative development aims to seamlessly integrate Ethereum's functionality into the decentralised world of the Internet Computer, offering a new realm of possibilities and use cases.
The rush of ideation, collaboration, and innovation has always been fuel to creativity and ambition as seen in the recently concluded DecaHack event held in Abuja. Yet, as the dust settles and the euphoria fades, what remains is the challenging task of turning those ingenious ideas and pitches into tangible products or projects. Transitioning from a mere concept to a Minimum Viable Product (MVP) is the crucial next step for developers seeking to sustain momentum and productivity post-hackathon.
It is no doubt that blockchain holds promise for revolutionising many industries across all boards, it's also essential to recognise that irrespective of the potential Web3 or blockchain has, not all technological innovation needs to be roped into the Web3 paradigm.
On April 18, 2024, the Nigeria Army Resource Center in Abuja bore witness to an event that illuminated the intersection of technology and societal progress. The occasion was the Decahack event, the grand finale of the Initiative grand finale event organised by ICP.Hub Sahara sponsored by the Internet Computer Protocol (ICP) in collaboration with the Cryptography Development Initiative in Nigeria (CDIN). It marked a significant milestone in the journey towards leveraging blockchain technology for tangible solutions to real-life problems.
Cryptocurrency is fast being adopted in Africa as a medium of transaction and wealth creation, despite the challenging policies, scepticism and losses some individuals must have experienced over the years since the inception of blockchain.
Africa is projected to experience a 50% increase in its young techy population by 2050. This growth is crucial for the continent's gaming industry. Mobile penetration in Africa has accelerated since 2019, with 272 million Sub-Saharan Africans using mobile devices in 2019. By 2025, this number is expected to reach 475 million, with over a quarter of the population on 4G networks.
HIGHLIGHT The market size in the Artificial Intelligence market is projected to reach US$6.90bn in 2024. The market size is expected to show an annual growth rate (CAGR 2024-2030) of 17.68%, resulting in a market volume of US$18.33bn by 2030. In global comparison, the largest market size will be in the United States (US$106.50bn in 2024).
During the COVID period, Non-Fungible Token was one major digital phenomenon that exploded in 2021. It was a trend that attracted the attention of artists, investors and blockchain enthusiasts. It reshaped the world of blockchain and cryptocurrency and made a couple of people wealthy in the blockchain space.
Agility is a popular catchphrase in technology today because businesses face the constant challenge of staying relevant amidst ever-changing technological advancements. Change agility has turned into a competitive advantage as organizations face increased pressure to adapt, scale, explore more innovative inventions, and move to dynamic structures. The blockchain ecosystem can be seen as a pioneering force in the rapidly changing field of technology, reinventing the way we see and carry out transactions.
Developers who seek to turn their ideas into realisation understand that grants serve as a crucial catalyst for driving their innovation. Grants can provide the resources and support needed to bring their projects to fruition. But the path to acquiring these grants is often challenging, however, the Internet Computer Protocol continues to revolutionize the Web3 space by making grants readily available for developers, to bring their ideas to life.
Whenever we talk about technology, we cannot negate the fact that it affects our everyday lives, from our health sectors to our educational systems, to data collection and management and importantly, the agricultural sector which is linked to food production, animal husbandry, weather analytics etc. In recent times the government has been outspoken in encouraging people to seek jobs in agriculture, citing the fact that our reliance on crude oil sales is coming to an end.
As a skilled developer, staying ahead of the innovative curve by equipping yourself with the latest, most unique and demanding skill sets in the blockchain space is paramount. If you are still exploring what programming language best suits your blockchain project, this article will give you a beginner's guide to the fundamentals of Motoko, A programming language on the Internet Computer Protocol.
National Security Adviser, Babagana Monguno, says Nigeria, South Africa and Kenya recorded over two million phishing cyberattacks in the first half of 2021. This was at a sensitisation workshop for the implementation of the ‘National Cybersecurity Policy and Strategy. He also said; “This calls for more proactive measures to protect our exponentially growing internet users in Nigeria.
Every initiative starts with a good idea, but ideas alone cannot change the world or revolutionise the blockchain ecosystem. To create outcomes and make an impact, great ideas require extraordinary execution, which typically requires significant effort and coordination across several teams and, in certain instances, across organisations.
Nick Szabo, a computer scientist and a cryptographer created the term “smart contracts” with the aim of using distributed ledger technology to store contracts. This idea came to life with the emergence of the Ethereum blockchain several years ago. Smart contracts in the real world can be described as the terms and conditions agreed upon between buyers and sellers on a ledger, but on the blockchain smart contracts could be defined as
Let’s take a look at the overview of the architecture of the Network Nervous System which can also be seen as the brain that controls the Internet Computer Protocol.
The world rapidly keeps evolving, more so in this digital age, from the early stage of read-only to Web2 where interactions and transactions between strangers from across continents through the internet have skyrocketed. The internet has transformed the globe through the rise of new technologies especially with the recent trends in the AI tech. The swift and widespread adoption of these technologies is altering how we locate partners, gather information online from around the world, and most importantly the state of the economy, in which e-commerce is a major player. For example, we have companies like Amazon and also eBay, influencing the market world daily.
In this guide, we assume that you should be well familiar with most of the basic programming terminologies and principles. You should also have some experience with high-level programming language and scripting language such as Rust and Javascript. But the good thing is the Internet Computer Protocol is intended to help readers from different backgrounds understand the basic design principles and semantics of the Motoko.
Oracles and bridges have been a trusted intermediary between blockchain and off-chain systems, which include data providers, cloud providers, payment systems, web APIs, and many more backend platforms. When exploring the blockchain ecosystem, one fundamental function we look out for is interoperability, this function has to do with the ability of computer systems or software to exchange and make use of information, and for this to be a success it needs to be secure and functioning for mainstream adoption of Web3 products and services.
(Consensus mechanism; A consensus mechanism is any method used to achieve agreement, trust, and security across a decentralized computer network. In the context of blockchains and cryptocurrencies, proof-of-work (PoW) and proof-of-stake (PoS) are two of the most prevalent consensus mechanisms. -Investopedia)
(Smart Contracts, DApps, and the Role of the ICP Innovators) The real estate sector in West Africa, especially in Nigeria, has faced significant challenges due to fraudulent contracts and practices. However, the integration of smart contracts and DApps empowered by the Internet Computer Protocol (ICP) holds the potential to revolutionize the industry, bringing transparency, security, and efficiency to real estate transactions. To achieve this transformation, emerging web3 innovators at the ICP Hub Sahara are encouraged to take up the mantle and devise creative solutions that can reshape the future of West African real estate. By harnessing the power of ICP technology, innovators can not only address the pressing issue of fraudulent contracts but also contribute to the growth and legitimacy of the real estate sector, ultimately benefiting buyers, investors, and the broader economy.
As ICP Hub Sahara builds its community of developers and also hosts numerous hackertons like the ongoing Hack and Earn event, we’d like to drive home real-world challenges that require innovations to tackle them. When looking for sustainable energy solutions in Africa, the focus is on the convergence of blockchain technology and renewable energy projects. As a pioneer in Africa's technology ecosystem, ICP Hub Sahara is driving this transformational journey by providing a decentralized framework for collaboration, development, and knowledge sharing. The combination of the ICP Hub Sahara’s innovative approach and the transparent and decentralized nature of blockchain will not only address current energy challenges but also lay the foundation for a sustainable, resilient, community-driven energy environment in Africa.
Know your blockchain; A to Z Blockchain Terminologies for Noobs Comprehensive guide to the most common terms. 1. Airdrop: An event where a blockchain project distributes free tokens or coins to the community. 2. Air gapping: The act of keeping digital information or machinery isolated from unauthorised access to enhance security. 3. Altcoin: Any cryptocurrency that is an alternative to Bitcoin. 4. AML Anti-Money Laundering: is a legal framework used by governments worldwide to stop financial crimes like money laundering, terrorist financing, fraud, and more. 5. ATH All-Time High: This is the highest value reached by an asset at any point in its history.
The ICP Hub Sahara stands at the forefront of innovation, and the Internet Computer Protocol provides a fertile ground for groundbreaking inventions. By strategically maximizing the potential of ICP wallets—whether cold, hot, or exchange—innovators can drive economic development in West Africa. Through tokenization, smart contracts, DeFi applications, and supply chain solutions, the Sahara Tech Hub has the tools to create a resilient and inclusive digital economy that can transform the region for the better.
As the ICP.Hub Sahara community revels the success of the completed stages and anticipates the challenges and triumphs of the Major Hackathon and Pitchfest, the Decahack journey remains a testament to the power of collaboration, innovation, and the relentless pursuit of knowledge within the ICP space. With each stage, participants are not just solving problems; they are shaping the future of technology. Stay Tuned.
Are you a Python developer looking to explore the Internet Computer Protocol (ICP) and its capabilities? This comprehensive guide is tailored to provide Python developers with a solid foundational understanding of the ICP's architecture, features, tools, and workflows. Whether you're new to blockchain development or an experienced Python developer, this article will walk you through the process of creating and deploying web applications on the ICP seamlessly, securely, and at scale.
"Discover the basics, set up your environment, and engage with the vibrant community to kickstart your journey with the Internet Computer, a revolutionary decentralized platform for building and deploying software."
In the words of Nelson Mandela, "Education is the most powerful weapon which you can use to change the world." In the context of Web3, African undergraduates hold this weapon, poised to reshape their continent and, in doing so, contribute to the global evolution of technology and society.