What is the currency of Internet Computer
The Internet Computer is a revolutionary new blockchain-based platform that promises to revolutionize the way we interact with the internet. It's been called "the world's first decentralized cloud computing network" and it has generated a lot of excitement in the tech community. But one question remains: what is the currency of Internet Computer?
The answer lies in its native token, IC (Internet Computer Token). This digital asset serves as both an incentive for developers and users on this platform, as well as being used to pay transaction fees when transferring value across different nodes within this ecosystem. The IC token also allows users to access various features such as smart contracts, oracles, storage services and more - all while ensuring complete decentralization through distributed ledger technology (DLT).
As far as market capitalization goes, at present time there are over $2 billion worth of IC tokens circulating around exchanges worldwide - making it one of the largest cryptocurrencies by market cap right now! Additionally, these tokens can be traded against other major crypto assets like Bitcoin or Ethereum on most major cryptocurrency trading platforms out there today.
By having its own native currency system built into its infrastructure from day one – something no other blockchain project has done before – Internet Computer provides developers with an entire suite of tools they need to build powerful applications quickly and efficiently without sacrificing security or decentralization standards along their journey towards becoming “Web 3” ready applications. As such we expect that demand for IC will only continue grow exponentially over time due not just because it’s needed but also because people recognize how important having a reliable digital asset behind any given application really is nowadays!
