That said, there are reasons ICP gets suppressed. You’ll notice that if any single ICP feature became widespread, it would essentially wipe out an entire sector of the industry.
Built-in, free oracles—the oracle sector is gone.
Smart contracts can directly sign transactions on other chains—chain-abstraction sector, gone.
Trustless connectivity between any two public chains—the cross-chain bridge sector, gone.
Smart contracts with native, large-capacity storage—data-storage blockchains, gone.
Contracts can directly generate threshold signatures—MPC and embedded-wallet sectors, gone.
The most flexible account-abstraction in the space, able to directly control assets on other chains—AA wallets and multisig wallets, gone.
Transfers are the fastest in the ecosystem with the smoothest UX—high-throughput chain sector, gone.
Reverse gas fees—those touting “use stablecoins to pay gas” as a differentiator, gone.
Full BTC nodes running directly on ICP—the most decentralized and secure BTC integration—BTC L2 sector, gone.
The most advanced identity-based cryptography in the industry—data privacy & encryption sectors, gone.
Native WASM support—making it the best platform for verifying ZKPs; no matter how large the proof, verification costs are nearly zero, and results can be written to any other chain—those assorted ZK tricks invented to work around Ethereum’s limited compute, gone.
A vibe-coding platform whose features and UX are better than those of actual AI companies, with one-click on-chain deployment—the Web3 AI sector is basically gone too.
The killer part is that ICP would drag the whole Web3 industry from a “tell a story, issue a token, pump, and rug” model back to a “build products, launch for real, and make money” model. No wonder it’s not exactly welcomed. 🤣