ICP publishes tongue-in-cheek apology for building tech that proves Dapps don’t need AWS
The ICP team has issued a tongue-in-cheek apology boasting about running full-stack apps entirely on-chain, even as the ICP token remains down 99% from ATH.
- The ICP team issued a tongue-in-cheek “apology” bragging about the protocol’s ability to run full-stack applications entirely on-chain without the need for traditional cloud services like AWS.
- In response, several community members criticized ICP underwhelming price performance, which dropped from its ATH of $750 to just $6.
The Internet Computer Protocol ( ICP ) team has just released an unofficial apology for “proving that “ Decentralized Apps ” don’t actually need Amazon Web Services to run…” and for “shipping features today that other chains have scheduled for 2030.”
While the apology is clearly tongue-in-cheek, ICP is indeed able to host full‑stack applications entirely on‑chain. Its “canisters” are smart contracts that embed both application logic and data, and can serve web‑content directly to users, which removes reliance on traditional cloud services like those provided by AWS .
Some examples of full‑stack apps currently running on the ICP network include:
- OpenChat: A fully on‑chain messaging platform offering real‑time chat, file sharing and governance via a DAO, all implemented via ICP canisters.
- ICPSwap: A decentralized exchange built on ICP where both front‑end and back‑end logic are hosted on‑chain, enabling token swaps, liquidity provision and governance.
- Caffeine: A no‑code platform on ICP that allows users to create full‑stack web applications via natural‑language prompts, with the infrastructure all handled on‑chain.
ICP price down 99% from ATH
Some community members pushed back on ICP’s “apology,” pointing to the ICP token’s rocky performance. “I’m bullish, but that’s A LOT of shit talk for a project down 99%,” user @detta0215 wrote in a post on X.
Similarly, user @OzDefi said: “kinda wish you would have hyped the whole time, Im down 96%. I only have to get 40X to break even.”
For context, ICP has fallen sharply from its ATH of $750, reached 5 years ago, to just $6 today. However, it’s worth noting ICP price has recently staged an impressive rally of +240% , climbing from $2.80 to $9.50 at its peak.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: ICP Ecosystem Fuels AI Crypto Leadership Despite Industry Challenges
- ICP surged 22.15% to $9.49, overtaking TAO as the largest AI-focused crypto with $5.11B market cap, driven by ecosystem growth and Caffeine AI launch. - On-chain metrics show 24.91% TVL increase to $28.03M, 32.9% trading volume spike to $1.7B, and technical indicators like MACD crossover signaling sustained momentum. - Analysts project $10.52 target by mid-November if buying pressure holds, contrasting with broader crypto market dips and struggling peers like C3.ai. - ICP's 211.94% weekly gain highlights
Ethereum Updates Today: DeFi's Quest for Stability: Is It Buterin's Dream or a Traditional Finance Trap?
- Ethereum co-founder Vitalik Buterin declares DeFi "finally viable" as a savings tool, citing improved security and maturity since 2019-2020. - He advocates "low-risk DeFi" as Ethereum's foundation, comparing it to Google Search's role in Alphabet's dominance. - Institutional confidence grows with ARK Invest's ETH exposure and whale accumulations, while TVL declines and legal uncertainties persist. - Critics warn stability-focused DeFi risks becoming a "TradFi Trojan horse," stifling innovation despite bu
Bitcoin News Today: Bitcoin Faces $108K Test: Surge Ahead or Setback?
- Bitcoin hovers near $104.5K with technical indicators signaling potential breakout above $108K, driven by ETF inflows and reduced miner selling pressure. - AlphaPepe (ALPE) attracts 3,500+ holders via BNB Chain presale, offering staking rewards and 10% referral incentives amid SHIB holders' search for high-potential meme tokens. - Shiba Inu expands utility through telecom node partnerships, enabling SHIB-based payments and rewards, aiming to solidify real-world adoption beyond speculative trading. - Cana
Boring Co.'s Hazardous Tunnels Face Off Against OSHA's Weak Oversight
- The Boring Co. was fined $500K for illegally dumping toxic drilling fluids in Las Vegas, damaging infrastructure and raising health risks. - Nevada OSHA faced scrutiny over withdrawn citations due to procedural errors and missing records, sparking transparency concerns. - The Governor’s Office denied political interference but deleted a meeting record, deepening skepticism about regulatory independence. - Repeated environmental and safety violations highlight ongoing regulatory challenges for the Boring
Trending news
MoreCrypto prices
More
