Dubbed the ‘brain’ of the Internet Computer, the NNS controls many aspects of the Internet Computer, from protocol upgrades to onboarding independent data centers and node machines built on DFINITY’s proprietary technology.
Using Internet Identity, anyone can anonymously create sessions with Web3 services and decentralized applications and verify blockchain transactions. With II’s completely decentralized architecture, you can connect to apps (and services) with utmost security, simplicity, and comfort.
The Internet Computer is well on its way to establishing itself as a trendsetter, especially in governance. $ICP holders have various ways to participate in decision-making, regardless of how many tokens they own.
The Network Nervous System employs a dual-reward system for incentivizing ICP token holders to participate in Internet Computer governance. I’ll cover the full details of this system in a later article, including how rewards are calculated and distributed.
The Network Nervous System is an open algorithmic governance system built directly into the IC protocol. The NNS is one of the largest decentralized autonomous organizations (DAOs) currently in existence.