DFINITY, the development team behind the Internet Computer ecosystem, announced that it had completed the first update in its Chromium milestone. The proposal, dubbed “Nodes Can Be Reassigned to a Different Subnet” is complete, the team added. This implies that nodes can freely switch between subnets without redeployment.
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. This ‘internet computer’ intends to ‘extend the functionality of the public internet so that it can host backend software’ on a smart-contract compatible, distributed network.
ICP, the native token of the Internet Computer ecosystem, is up by more than 2% in the last 24 hours and is trading at $22.91 at press time.