Internet Computer is a cryptocurrency project that aims to create a World Computer blockchain that reimagines the internet as an infinite smart contract platform. The project aims to decentralize everything and capacity horizontally scales as subnet blockchains are seamlessly combined into one unified blockchain. Transactions invoke "actor" canister smart contract computations, which subnet blockchains can run concurrently (yet deterministically). ICP dapps can dynamically access data stored in smart contract memory without querying external sources or relying on centralized cloud storage. An average ICP transaction executes 6’660’000 instructions compared to ETH’s 83’000, while each instruction is orders of magnitude less expensive due to ICP’s efficiency.
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