Internet Computer Crypto is a decentralized hosting and computing provider. The company shares a stark similarity with the worldwide system of computer networks like Microsoft Azure, Google Cloud, and Amazon Web Services. However, the platform is much more than this.
Its sole objective is to decentralise the existing Internet system. On the web, data is everything. It is the currency. And every big corporation owns a sizeable amount of data or databases. Thus, security is a huge concern.
What are the risks
Like every other investment opportunity, Internet Computer too has some factors that you need to consider before making the switch. First things first, for an Internet Computer Protocol to function, a more complex set of hardware is needed than a traditional blockchain.
In summation, these are all the factors that you should know about before diving head-first into crypto mining. Internet Computer (ICP) can be very rewarding, but if you do not understand the overarching concepts that fuel the process, you will lose more than you can imagine.