Dfinity Opens Up the 'Internet Computer' to Third-Party Developers

Published at: June 30, 2020

Dfinity announced the Tungsten release of its “Internet Computer” project on June 30, officially opening up the platform to third-party developers. To mark the occasion it demonstrated CanCan, an open alternative to TikTok built with under 1000 lines of code.

So what is the Internet Computer?

The Internet Computer is a decentralized and non-proprietary network to run the next generation of mega applications. It gives developers and entrepreneurs the chance to build and develop software on an open network that is purportedly free from platform risk.

Dfinity founder and chief scientist Dominic Williams explained, “Currently, whether you are building on top of APIs, or relying solely on a big tech cloud platform, it is a red flag for investors. This changes that and will be the start of a new wave for the web where developers can push their code directly onto the internet itself, and start with inherently tamper proof and fast software.”

A new language for the internet

To help drive this push back to the free and open roots of the internet, Dfinity has introduced a new programming language, Motoko, which is optimized for the Internet Computer. It is this which enabled the CanCan demonstration to be built so code-efficiently.

Cointelegraph asked Williams what sort of applications he expected to see being developed now that the project was being opened up to third-party developers:

“Things that were previously unimaginable, and that couldn't have been done without the Internet Computer. We’re expecting it to open up a new wave of innovation in software and services. I’m sure along with that we will also see open versions of software that already exists in the closed proprietary world that developers want to make better and not cede their data to a large tech firm.”

The iPhone of blockchain?

Andreessen Horowitz, or a16z as it is also known, has been a major backer of Dfinity since its early days, and recently surpassed its funding target for a new crypto-oriented fund. General partner Chris Dixon told Cointelegraph that he believed the potential impact of the Internet Computer could be akin to that of the development of the iPhone:

“You had the iPhone came out in 2007, the app store in 2008 and then probably 2009 through 12 was actually, if you look back, was the period of Instagram, Uber, Lyft, all of the now huge iPhone apps. I think Dfinity will be the iPhone. We are pre-iPhone in the blockchain space right now [...] But the real action started afterwards.”

Dixon thinks that this may take decades to play out, although he suggests that early products could reach scale and have good financial and societal outcomes over the next five to 10 years.

Interested developers can submit an application to access the Internet Computer at dfinity.org from July 1. The public release of the Internet Computer is scheduled for the fourth quarter of 2020.

Tags
Related Posts
Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur turned venture capitalist Marc Andreessen says that Web3 and its underlying blockchain technology reminds him of the rise of the early internet. Andreessen, better known today as the co-founder of the blockchain-focused venture capital firm Andreessen Horowitz (a16z), originally found success by developing the first widely used web browser called Mosaic and then founded Netscape Navigator, which dominated the browser market throughout much of the 1990s. Appearing on the Bankless podcast alongside investment partner and colleague Chris Dixon, Andreessen said that increasing adoption and a flurry of development in Web3 appears remarkably similar to the rush of …
Adoption / June 2, 2022
Is crypto approaching its 'Netscape moment'?
This year marks the 30th anniversary of the first web page on the World Wide Web, which means a person has to be nearly half a century old to clearly remember the patchwork progress, the false starts and stops, and the trial and error that eventually gave us what is now the defining foundation of 21st-century life. We take the internet for granted in 2021, but it took us decades to get to this point. Throughout the years, the barriers toward adoption tumbled away, and there were clear signs that this new technology would fundamentally change the way the world …
Technology / May 30, 2021
Digital decentralization is just the beginning. The real world will follow
Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting the insidious power grab that has happened in the last decade. As the giant tech companies consume more and more of our lives, the fact that technologies that enable us to push back against them are being developed is not only encouraging: it is essential. Since Bitcoin (BTC) began the process of decentralizing payments in 2010, we have seen the process of disintermediation …
Decentralization / Dec. 20, 2020
Web 3.0 Will Drive Decentralized Business Models, Says Blockchain Exec
Kevin Chou, CEO and co-founder at blockchain ecosystem Rally, believes that blockchain technology could lead the charge toward a virtual economy in the web 3.0 era. Speaking at Unitize on July 6, Chou, who is also involved with the firms Kabam, Forte and Gen G, said that content platforms should move away from the old business model of web 2.0 that consists of the platforms taking a large portion of the revenue. Instead, companies should create a new and decentralized business model that favors influencers, creators, and “give away the governance to the community," said Chou. He added, “The web …
Adoption / July 7, 2020
Blockchain metaverse startups: Unparalleled investment potential
Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality. Numerous other sci-fi authors, such as Ian M Banks, have created and used similar concepts within their novels. Back in September, Facebook CEO Mark Zuckerberg was clearly interested in advancing the metaverse. In a recent earnings call, Facebook made it clear that they want to unify communities, creators and eCommerce …
Decentralization / Nov. 7, 2021