Q: Grok explain vetkeys by ICP to crypto people. Alright, crypto folks, let’s break down vetKeys by the Internet Computer Protocol (ICP) in a way that hits the sweet spot for those deep in the blockchain game. vetKeys (Verifiable Encrypted Threshold Keys) is a cryptographic feature on ICP designed to bring privacy and secure key…
What are Cycles? On the Internet Computer Protocol (ICP), cycles are a computational resource used to power and operate canisters, which are the smart contracts or computational units on the ICP network. Here’s a concise summary of what cycles are used for: Key Points: Cycles are non-transferable between canisters and are consumed based on usage…