Internet Computer is the ONLY 3rd Generation Blockchain | Dominic Williams

Today I discussed with Dominic Williams, the founder and chief scientist of DFINITY, the company building the Internet Computer Protocol.
I had the pleasure of meeting Dominic at Paris Blockchain Week 2024 where we discussed about the innovations that ICP brings to the blockchain space & why on-chain is the future.
Follow us on Twitter: / blockchainpill
Community: oc.app/group/lbgqi-siaaa-aaaa...
Mentioned in this video:
ICP CC: / icp_cc
Dominic Williams: / dominic_w
DFINITY: / dfinity
Timestamps:
0:00 How did you enjoy Paris Blockchain Week?
0:34 What is the role that ICP plays in the blockchain space?
3:16 Benefits of on-chain over traditional IT solutions
8:46 Internet Computer is the only blockchain that can run on-chain AIs
12:20 Why is on-chain AI important?
18:03 How blockchain technology can cut security costs drastically.
22:14 Removing intermediaries
25:31 Institutions & Big companies building on ICP
29:34 What ICP Projects should get more recognition?
32:10 Outro

[@BlockchainPill]

Thank you for the unwavering support guys! Interviewing Dom is one of the highlights of this channel and it wouldn't have been possible without you 🙏 Please let us know what questions you want us to ask Dominic in a future podcast 👇

[@tomtom8308]

hey alex, epic interview. my question would be, whats Dom's price prediction for this bull run. I would really hear his quess. Thank you for your work.

[@kevinschmidt2210]

Is it possible to put a Wordpress website on ICP without recoding it? If so, how will speed and performance be affected? Thanks

[@nickeemma-gv6yi]

Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...i have delve deeply into active trading and managed to grow a nest egg of around 1.2Biitcoin to a decent 7.4Biitcoin... I'm especially grateful to Flora Elkin, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[@Iewisgreen]

I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this

[@Watson774]

It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!

[@Baileycox153]

It is really refreshing to see a comment about Flora Elkin.I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her approach consistently keeps you ahead of the trend, She's a guru i'll say

[@Roblesperez197]

Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary

[@Ortizroa]

Nice to see this here, Flora Elkin's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch

[@jayclassic6974]

Dominic the new Steve jobs

[@BlockchainPill]

Visionary 🙌

[@siposbarnabas6224]

He is so far better than him :D

[@hou5eheadjason]

or a modern day edison but with tech

[@dirkimy]

This is gold brother. We will see this video for a longtime. Once ICP is over $100 region. What he is saying makes all sense, most people just do not understand it yet at this time.

[@BlockchainPill]

You're right. ICP will make a lot more sense to the normies at $100 😅

[@tomtom8308]

@@BlockchainPill 👍🏻😂

[@G42X86]

ICP will be at the forefront of our digital future

[@voguehaven5154]

its crashing to oblivion

[@davec7354]

@@voguehaven5154 manipulation....war,rumors of war,old financial system is dying and does not want to give up its criminal enterprise...did you not hear what dom said about AI and smart contracts and automonous AI

[@Gerlaffy]

@@voguehaven5154as with... everything else? Basically, you're misinformed. Everything is down, dude. Which means nothing is. It's the market, not the tokens.

[@G42X86]

@@voguehaven5154 first time around?

[@freiabereinsam-]

@@voguehaven5154so is every other fucking coin weirdo

[@kymatekk]

ICP is the only crypto project that makes sense to me after BTC and ETH. It is a natural progression of technology.

[@BlockchainPill]

On point 🎯

[@duannegarrett5800]

Id add Litecoin im with you as theyll all be in ETFs soon

[@trublu3483]

Ada has been 3rd gen since 2017. It is decentralized unlike ICP. Not saying ICP won't be useful but it is very centralized

[@raygross1931]

I know to invest in what smart people are excited about. ICP will be the best performing asset in crypto this Bull Run! 🚀 ICP🚀

[@cryptogh2797]

I bought ICP at 3$ i didn't buy hopping for price to go high I just want to be a part of This awesome TECHNOLOGY but if it does GO high thats a Win.

[@leroyessel2010]

In March the token reached almost $21 up 7X over 13 months and yesterday it was low as $10.65 and currently $12.86

[@boyan056]

Great interview! Thank you Blockchain Pill! The ICP Legion is here! The Crypto Cloud! ∞

[@jeroenpool502]

the interviewer is very unprofeccial , with his dictafoon , why do that when its filmed ???

[@richdreamzbeats998]

Congratulations for interviewing Dominic good job bro 🔥

[@BlockchainPill]

Thank you so much! 🙏

[@richdreamzbeats998]

@@BlockchainPill I thought I understood tech but man my head started to hurt trying to dissect what Dominic was saying lol Nonetheless great interview. Sky’s the limit Alex 💪🏼

[@leroyessel2010]

Excellent volume and energetic interview while I watch the investment community initiate downward pressure on best technology currently at $12 has huge upside potential.

[@BlockchainPill]

Thanks! I'm watching the stats and this video is getting more views than almost all of my other videos while we were at $22. We're witnessing a massive capitulation event across the board. We'll absolutely recover from this and it will look like such a great opportunity in hindsight.

[@Gerlaffy]

We've gotta push on the marketing, adoption on this will be key to better infrastructure and cybersecurity for the future

[@Kick1776]

Dom is so passionate about ICP.

[@DamnTHATScazy188]

damn, ICP price got my ego stressed then Dom's word got my logic at peace. ICP is the right place my money should be.

[@julezrhymes3879]

Youre right.. Honestly, its the only Project where i dont have any doupt... So much other Altcoins could be worthless at the end..

[@mewannaworkwhenmewannawork9031]

The guy is a legend already!

[@noblejoseph6737]

I'm a holder of 65 ICP.. i know the price per coin will be more than $ 1k within couple of years. Mr.Dominic is doing great for ICP and I trust him..ICP will create many millionaires

[@simonbottrill]

I'm not saying your wrong but $200 within a couple of years is reasonable.... I hope your right tho...I'm certainally no expert. ICP needs adoption...when it gets it it's 🚀

[@JMomma.]

It be 3000 sadly people will cry later

[@arnoldsiemons2204]

I am a holder of 7000 ICP and brother I hear you ;)

[@siriusfun]

@@simonbottrill $200 this year is very realistic.

[@user-re2zm7pd7u]

@@arnoldsiemons2204 wow!! i wish i was you

[@jeffreygomes-st3sl]

Wow!! Alex you are the man!!!!!

[@BlockchainPill]

Haha, thanks G!! 🙏

[@bullybassett3834]

Amazing 👏👏👏 The Internet computer is going to change our lives forever. In many ways.

[@myklenero]

So cool to see you talking to Dom 🔥

[@BlockchainPill]

Yeah, I can't believe it 😁

[@beachbumLifestyle]

Icp is the best

[@Revo88888]

Best interview with DW

[@arjaantrooster]

This is the future great job I am all in( i already was)

[@earthman4020]

Great job!!! Excellent distillation of the powerful narratives ICP is surfing. (no databases, as data is tied to code; no firewall security; DAOs necessary for proper and secure AI builds; ICP is security against AI built to hack traditional intrastructure) Interesting too... The crytpo space as a whole is wildly overvalued with all the shit coins using AWS/Centralized infrastructure to do all the lifting...so, seems like with ICP coming into prominence the rest of crypto is being shown for the clown show it really is... Will be exciting!!!

[@BlockchainPill]

Thanks! Great insights as well!

[@leroyessel2010]

Well said!

[@kingasher415]

Very intriguing Interview. Amazing Project.

[@antonallen8047]

This video gave me the "holy shit" moment I've been looking for, thank you!!

[@leroyessel2010]

Bingo like Ah Ha or Penny Drop Moment as well.

[@kymatekk]

Im watching this interview like calm as F while entire market takes a fat dump.

[@BlockchainPill]

Haha, it's like that meme with the dog in the burning home "This is fine" 😂 Jokes aside, we'll absolutely recover from this and people will look back at the chart wishing they bought the dip Enjoy the video! 🤝

[@manuelazevedo7266]

Awesome interview!!! Hope you got his autograph 🚀🚀🚀

[@BlockchainPill]

OMG it didn’t cross my mind to ask him for his autograph 😤🫠

[@brianalonso9188]

Go ICP.. Dominic is a visionary and needs to be protected at all costs

[@StanoNovakJr]

There is no second best !

[@roberttomazic5412]

Amazing💪👌😊

[@Arthelais123]

#icp #dfinity 🚀🌙

[@matthewhammer2191]

Beautiful interview. I love the long single shot ❤

[@higorcamara3693]

Time to buy more and more 💎🔥🎥🍿💥

[@richmukasa6069]

Great questions my man. ICP is really 3rd eye tech!

[@leroyessel2010]

We like looking behind our eyes for new perspectives

[@M4RTiJNTJE]

Nice Alex well done great interview man :) Posted on OC (as usual)

[@BlockchainPill]

Thank you, G 🙏

[@Alien_Tech_ICP]

This is great

[@CarlosRamirez-yk6wv]

Amazing interview

[@LoungeWLT]

Great interview! ICP is next level for sure!

[@cheachoeung1321]

ICP ❤❤❤🎉🎉🎉

[@andrevini8099]

So happy tô see this Brazil and ICP interaction

[@adrianb2066]

People who don’t understand technology: 😴 People who understand technology: 🤑

[@diogocaetano1970]

Best founder possible🎉❤

[@Damien-Infinity]

ICP Rocks! 👍💯💯💯👍😇🤗🤓😎

[@user-oi8yp9uy9w]

Les go icp

[@cryptogeek-ue5li]

#ICP ❤❤❤❤❤❤

[@manishg214]

Should be able to buy between $10-12 now. Hopefully this holds lol 😂

[@BlockchainPill]

It’s a great buying zone imo 🤝

[@SonnyVakil]

Absolutely Best Buy zone

[@xLIBERATUSx]

Doesn’t matter if it holds. So what if it doesn’t I am all in I don’t care what the price it is this year or next. Will be buying any chance I get!

[@viviinthevalley1072]

Dominic is such a visionary! ICP is the only 3rd generation blockchain, so far, to provide true on-chain and decentralized infrastructure, smart contracts as well as user experience.

[@manuelhei4039]

Great interview 💪 congratulation

[@BlockchainPill]

Thank you! 🙏

[@Alien_Tech_ICP]

Elon needs to see this and partner with Dom.

[@Sweetinfinity]

Let’s do it!

[@sidekickmusic5936]

We DO NOT need that coke head

[@carlfranzen043]

The facts will win out in the end, people will see who wears clothes and who doesn’t sooner or later. All in on ICP!!

[@leroyessel2010]

Was $12 now $11.50 sale special.

[@BlockchainPill]

I bought some more at $11

[@content2captivate]

Great interview!

[@jpgrygus]

most people just dont understand the capabilities of ICP. Its revolutionary.

[@aaregiel]

Well done!

[@6figs]

Great interview BP!

[@kennethnielsen3453]

Great interview! I like the term decentralization-theater 😂

[@robrob8500]

icp will make me rich

[@ZALaney]

Long road ahead for icp. Best to get in now

[@Holdinguniverse]

Absolutely insane how smart this guy is. The NVIDIA of crypto

[@pyypll]

You finally met the MAN

[@cris-sk9qk]

✊️

[@tshepomalatsi4264]

DCA from SA 😊

[@richdreamzbeats998]

We are making a dip towards $12 which is insane if we get to $11 my head is gonna blow off lmao 🤯

[@BlockchainPill]

This train will leave the station soon 🚂

[@richdreamzbeats998]

@@BlockchainPill let’s ride

[@brianalonso9188]

Lmao fr though

[@richdreamzbeats998]

@@brianalonso9188 it’s at $11 not $11 even but it’s there🤯

[@Railman94]

Well

[@joaoandre1594]

🎉

[@wott7]

Let's go ICP!

[@brendangolledge8312]

Guys like this are like real life wizards. They are creating stuff for us to use which never existed before.

[@hiroprotagonist9240]

Our emperor is the best #ICPTOTHEMooN

[@KatherineSmith-pe5gf]

Dogeverse chart looking primed, think it's time to top up the bags! 🚀💰

[@888DFINITY]

Hey BP you should of asked dom ICP price prediction

[@BlockchainPill]

I’ll do it in the next one 😆

[@888DFINITY]

@@BlockchainPill yes brother 😆🙏🏽

[@MartinRedfern]

Sat on 100 icp do how long do i leve them for

[@kevinschmidt2210]

Always get financial advice from random unknown people on the internet.

[@jittipadhayanonte3958]

icp simply the best.

[@novaordemdesantiago1890]

Could this be the bases for CBDC’s ?

[@pinoQ514]

What is prediction of ICP 2025 ? Please enlighten me brothers

[@leroyessel2010]

$1,200 sounds good

[@fessybear]

Realistic is $100-$250

[@kevinschmidt2210]

Those who know, don't tell. Those who tell, don't know.

[@patrickgraczynski6096]

Only a matter of time😂🎉❤

[@user-cr3eg2ft1h]

brother, you do know how to set your screen dim to stay on right? its not bad or anything, just a little distracting. Great content though. Dom is a visionary

[@BlockchainPill]

Both phones (the one in my hand and the one we filmed with) were low battery and the interview happened suddenly so I didn't have time to adjust the settings on any of them 🙏 Thanks for the feedback!

[@user-cr3eg2ft1h]

@BlockchainPill Absolutely. It was fantastic content of course. Did you hear about what ICP just integrated evn more with Runes and BTC. Keep the content coming good sir!

[@tshepomalatsi4264]

My Friends don't know these 😊❤

[@abdullashaban2747]

You should have asked him: when pump?

[@BlockchainPill]

Wen pamp ser 😅

[@CoreyJKeating]

Can’t the data be accessed from the centralized computers hosting the network? If it was such a great system, why would governments and countries need Utopia - so they can host their own computers? How is this decentralized?

[@davec7354]

your probably focusing on the wrong things....if you put trust in government over math..you are gonna be lost in this new financial system is coming in...corey your naive or a shill...relisten to the interview..

[@leroyessel2010]

Great question to keep the mind from being complacent or encouraging others to consider

[@humboldte55]

I don’t even understand all the “tec talk” and I can clearly understand the worth of what icp is- I can’t understand how all the other “tec guys” and company’s don’t realize it and why it’s not doing better- I do believe it will get its worth at some point I just don’t know what’s taking everyone so long to see this new unmatched tec - I chose icp knowing NOTHING about crypto or stocks,biased just off the people talking about it and the language they where speaking- it was so complicated I couldn’t understand it and so different than all the other coin talks- and that’s how I knew I was in the right spot-

[@Realbdjb]

It's true, this man can become the new Steve Jobs.

[@RTHEERE]

👽🧠💥♾

[@julezrhymes3879]

Every Buy below 20 Dollar is cheap, if you want to invest in the future and dont search for fast profit.

[@novaordemdesantiago1890]

Looks like the asset is not the ICP coin, but the ICP blockchain technology.

[@BlockchainPill]

Great observation!

[@Xeav12]

The only thing I don't like about ICP is how the data center owns the node, it's brilliant technologie but decentralization took a hit, in my opinion. This doesn't mean i'm bearish on ICP (I own some) but yeah there's still room for improvement.

[@kevinschmidt2210]

Which node? We should get rid of that one.

[@ArsenedeBienne]

men in black 🙂

[@skutly]

2450$ in next 5 years

[@narcellius]

Dominic's definitely lowballing it when he say's ICP's a 3rd gen blockchain. It's at the very least a 5th gen one.

[@BlockchainPill]

facts 😁

[@kevinschmidt2210]

I don't see how it is possible to skip generations. One builds on the next in an unbroken chain of generations.

[@narcellius]

@@kevinschmidt2210 I'd categorise it as follows: Gen 1: BTC Gen 2: ETH, XRP, XNO, XMR (Blockchain with specialized function DEX, Smart contracts, privacy, liquidity pathfinding algo, asset tokenization) Gen 3: (more refined gen 2 blockchains) ATOM (And cosmos SDK chains), ADA, DOT, AVAX & L2/rollups Gen 4: chains with multi-proof consensus e.g: FLR, SOL or native sharding XRD, EGLD, TON and those using WASM smart contract language Gen 5: chains that have solved for scaling, data storage/availability, have onchain governance, have cross-chain interop: ICP, NEAR, AR ICP, NEAR, AR

[@narcellius]

@@kevinschmidt2210 The way that I see it: Gen1: BTC, LTC, BCH (value transfer protocol) Gen2: ETH, XRP, XMR, XNO (Cryptos that become more use-case specific eg: privacy, DEX, liquidity provisioning, basic smart contract functions, issued assets/ stablecoins) Gen3: ADA, SOL, XTZ, ALGO, SOL, ATOM, L2's+rollups (Expand upon functions of gen 2 with more efficiency.) Gen 3.5: AVAX, DOT (scaling through subnets, parachains) Gen4: FLR, XRD, EGLD (blockchain interop, multi-proof consensus, sharding) Gen5: ICP, NEAR, AR (onchain storage, WASM smart contracts, Chain-key tech - bridgeless interop, on chain AI, reverse-gas / metatransactions)

[@kevinschmidt2210]

@@narcellius Gen 3 and 4 did not have to be created before ICP could be created. Therefore, ICP is also gen 3.

[@com1of1]

...but no big company onboard YET

[@papatingle9964]

I kinda lost respect to Dominic the moment he said that he got to see the Mona Lisa, which is undoubtedly the least exciting artifact in the Louvre.

[@madefresh2403]

why do dominic always wear black ?

[@jeroenpool502]

wtf is he doing with that phone , is Dominic suppose to eat it hehehe

[@BlockchainPill]

I'm using it as a microphone 💀

[@jeffreygomes-st3sl]

Bought at 18.11 leveraged 😑

[@simonbottrill]

I threw in $19,000 at $19 a few weeks ago. I feel sick as a parrot

[@Breaky0self44]

@@simonbottrillwhy a parrot.

[@simonbottrill]

@@Breaky0self44 because from 19k to 11k 🤮

[@TheoBeo-rn4gy]

​@@simonbottrillyou need to wait for the long run summer 2025 probably this bull run circle , probably 300$+

[@boskidad]

Lol… host said is one of the leaders if onchain. Doms grinn and laugh…Only onchain Mfer!!!

[@111dcormack]

ICP bots are rampant

[@web2yt488]

3rd gen.... That is unnecessary marketing bs

[@BlockchainPill]

Bitcoin - gen 1 blockchain ETH - gen 2 blockchain ICP - gen 3 blockchain Each one innovated upon the previous one. That's why he calls ICP 3rd gen blockchain. No marketing bs

[@kevinschmidt2210]

Thanks for your unnecessary 1st gen bs.

[@ArbazAnsari-jf3oe]

He should be in jailed with SBF

[@aldentaylor3463]

ICP is not the only 3rd generation block chain. Stop the 🧢. Also, there will not be one chain to rule them all. All of the major players have already alluded to this. I like ICP, but it's nowhere near what he is reporting it to be. Speak on your own project and stop comparing it to others as you self admittedly state that you don't know much about other projects. Serious hubris here.

[@ArbazAnsari-jf3oe]

😂 shit project

[@BradenWalker1]

Icp .. doesnt matter what price goes to. I specifically staked all my icp so i can sell all my other cryptos but save my icp... #8yeargang

[@Solomon_ultra]

There are so many gems in one interview 😮🫳🍿