The new project that is drawing the attention of investors in the ecosystem of cryptocurrencies.
hi!. This investment opportunity is: Golem is the first truly decentralized supercomputer, creating a global market for computing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Golem altogether changes the way compute tasks are organized and executed. By powering decentralized microservices and asynchronous task execution, Golem is set to become a key building block for future Internet service providers and software development. And, by substantially lowering the price of computations, complex applications such as CGI rendering, scientific calculation, and machine learning become more accessible to everyone.
Golem connects computers in a peer-to-peer network, enabling both application owners and individual users ("requestors") to rent resources of other users’ ("providers") machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Today, such resources are supplied by centralized cloud providers which, are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Also core to Golem’s built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requestors, providers, and software developers.
Golem Network Token (GNT)
The Golem Network Token ("GNT") account is a core component of Golem and is designed to ensure flexibility and control over the future evolution of the project. GNT is created during the crowdfunding period (described in this whitepaper) and, following the first major release of Golem, GNT will be attributed a variety of functions in the Golem network.
● Payments from requestors to providers for resource usage, and remuneration for software developers is going to be exclusively conducted in GNT.
● Once the Application Registry and Transaction Framework are implemented, GNT will be necessary for other interactions with Golem, such as submitting deposits by providers and software developers or participation in the process of software validation and certification (as described in the Application Registry section).
● The general conditions for using GNT will be set in the Transaction Framework, but specific parameters of these interactions will be possible to define within each software integration.
(Right now is a great time to invest, because the price of the golem is cheap)
That has been everything for now, if you want reports of new investment opportunities like this, like and follow me. see you soon :)
Nice article @sniper2017. Followed for more excellent recommendations (in my opinion) like this one.
Fish
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://golem.network/doc/Golemwhitepaper.pdf