The long-awaited Dfinity’s ‘Internet Computer’ platform has been released and is now open to third-party developers.
In a press statement shared with Bitcoin Exchange Guide, the firm announced the launch of ‘Tungsten.’ The firm stated that it is currently operating on a ‘network of independent data centers’ located in the US, which will allow developers and enterprises to develop and launch their Dapps and other projects on top of the platform.
According to the firm, its product can be equated to ‘cloud 3.0,’ terming it as a scalable decentralized network, which is highly efficient compared to proof-of-work consensus, commonly known as mining.
The Tungsten release is meant for developers, with the company promoting it as the gateway to ending the near-monopolies of large tech-based firms.
During the launch, the San Francisco-based blockchain startup also showcased its decentralized version of TikTok dubbed CanCan. The firm explained that CanCan is an open alternative to TikTok, which is not operated or owned by an entity or government agency.
This comes just days after the firm showcased ‘LinkedUp’ during the World Economic Forum 2020 in Davos to take on, yes, you guessed right - LinkedIn.
As per the announcement, CanCan was developed using roughly 1,000 lines of programming code, whereas Facebook has more than 62 million; this serves as a perfect example of Internet Computer's capabilities.
Dfinity’s founder and chief scientist, Dominic Williams, explained:
“For the first time, developers and organizations get a taste of the new computing paradigm in action. Software is created by simply uploading it directly to the internet, where it runs on a global network of independent data centers within a tamper-proof environment.”
Dfinity also revealed that the most promising and successful projects could be eligible for support from Beacon Fund, which is a fund under the management of the not-for-profit Dfinity Foundation as well as Polychain Capital.
The firm also announced that its next stages would be Sodium and Mercury releases, which will aim at making the Internet Computer as part of the public internet before the year ends.