What is the Network Nervous System?
The NNS is the autonomous software that governs the Internet Computer and manages everything from economics to network structure. The NNS is hosted within the network itself, and is part of the system of protocols that securely weaves together the compute capacity of node machines to create the Internet Computer blockchain network, allowing the network to be autonomous and adaptive. The NNS acts as an autonomous “master” blockchain with a public key to validate all ICP transactions.
The NNS will put proposals to a vote, such as whether to expand the network by adding subnets or onboarding new node machines, which are then voted upon by holders of IPC utility tokens who have locked up their tokens.
The NNS also combines nodes from independent data centers to create subnets, which are used to host canisters, an evolution of smart contracts. The NNS continues to create subnets based on the capacity demands of hosting canisters and the ability to connect to other subnets and allowing the Internet Computer to scale indefinitely.