BlockBeats on September 30, the DFINITY Foundation launched Network Nervous System (NNS), an open algorithm-based governance System that controls computers on the Internet and ACTS as their brains. This milestone, called Sodium (Sodium) network, reveals novel algorithm-based governance and scrip economics that can be used to build DeFi, DApps open Internet services and enable very large, pan-industry enterprise systems to run safely.
At the heart of the new management system will be a common license called ICP(formerly known as DFN). According to the release, ICPs holders will be able to lock their CARDS into the NNS to create 'neurons', allowing them to vote on new proposals. ICP certificates can also be used to power decentralized applications, similar to how Ethereum Gas works. Specifically, the CARDS can be destroyed and "recycled," which the company calls "gas" that runs the software on Dfinity.
For this, the founder and chief scientist DFINITY foundation Dominic Williams said: "the NNS means the main function of the Internet computer has been completed now. It represents a significant moment in the history of the Internet, because Internet service will be the first to be completely independent, decentralized mode to run. This is for the systemic problems caused by Internet technology giant monopoly arises at the historic moment of technical solutions, make the concept of programmable network back into public view."
In addition, he said, "Sodium is the last milestone before Mercury, which is the public Internet computer network, will be available later this year."
Founded in 2016 by Dominic Williams, DFINITY has been supported by well-known investors such as Andreessen Horowitz, Polychain Capital and SV Angel.
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