DFINITY Foundation, the team behind the Internet Computer (ICP) ecosystem, announced a few hours ago that Internet Computer surpassed 31.57 blocks per second. The team said the block speed is a metric that speaks to the speed of the blockchain.
The Internet Computer is a layer-1 protocol that is developed by the DFINITY Foundation and aims to become ‘a blockchain network that evolves the internet’. ICP is trading at $26.5, down by 3.5% in the last 24 hours.