What is the Chinese name of icp currency?

The Chinese name of ICP coin is "Internet Computer Token". As the native token of the Internet Computer Blockchain, its main functions include: Network Governance: Participate in network governance and make decisions on protocol updates and development. Pay Fees: Pay the cost of performing computing and storage operations on the Internet's computer network. Staking rewards: Stake ICP coins to receive rewards and support the security and stability of the network.

The Chinese name of ICP coin

The Chinese name of ICP coin isInternet Computer Token.

Detailed introduction

The full name of ICP coin is Internet Computer Protocol, which is a cryptocurrency used to provide computing resources for distributed applications. It was developed by the DFINITY Foundation to create a more decentralized and secure world computer network.

As the native token of the Internet computer blockchain, ICP currency has the following main functions:

• Network governance:Holders can participate in network governance and participate in network governance. Decisions are made regarding protocol updates and developments.
• Payment Fees:Users require ICP coins to pay for computing and storage operations performed on the Internet computer network.
• Staking rewards:Users can stake ICP coins to receive rewards while supporting the security and stability of the network.

Internet computer networks are designed to solve the problems of traditional centralized cloud computing platforms, such as single points of failure, high costs, and lack of privacy. By distributing computation and storage across computer networks around the world, it provides developers with a platform to build secure, scalable, and permissionless decentralized applications.

Overall, ICP coins are an important part of the Internet computer ecosystem, providing computing resources to the network, supporting governance and motivating participants.

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