A FEW OF THE MOST WORLD-CHANGING WAYS GOLEM CAN BE USED…
COMPUTER GRAPHICS Golem can distribute the task of rendering CGI, doing in minutes what would take days, for cheaper than anything else. The first version, Brass Golem, will do this only.
BUSINESS From stock market predictions to big data analysis, Golem can speed up business computation while lowering costs.
MACHINE LEARNING Whether you're teaching an AI to beat grandmasters or recognize images or human voice patterns, you can go to Golem to speed up the process
CRYPTOGRAPHY Golem can run the world's first and largest fully decentralized cryptocurrency mining pools. It can also help with cryptography work like integer factorization.
SCIENCE The world of science can benefit immensely from inexpensive and easy access to a powerful supercomputer. From DNA analysis to protein folding simulations to searching for alien life and on and on.
MICROSERVICES The Golem application registry can run countless types of decentralized microservices and dapps, which anyone will be able to develop and share (for a profit, if they wish). These are just the tip of the iceberg in Golem's potential use cases. And more will appear as more technologies come to fruition.
WORLDWIDE SHARING ECONOMY OF COMPUTING POWER
Golem enables users/applications (requestors) to rent out cycles of other users’ (providers) machines. Any user ranging from a single PC owner to a large data center can contribute resources to Golem network.Software developers are in the center of Golem’s ecosystem: Application Registry and Transaction Framework enable anyone to deploy and distribute applications in the Golem network.An Ethereum-based transaction system clears payments between providers, requestors and software developers.
DECENTRALIZED, SECURE, & OPEN TO DEVELOPMENT
DECENTRALIZED AND SCALABLEThere is no single point of failure and no trusted authority, even though Golem is capable of connecting millions of nodes using a P2P architecture
SECUREAll computations take place in virtual machines and are fully isolated from the host’s system
ALWAYS OPEN FOR INNOVATIVE INTEGRATIONS Developers can deploy their own integration on Golem and implement an appropriate monetization mechanism.
GOLEM IS BEING BUILT ON SOME OF THE WORLD'S MOST CUTTING EDGE TECHNOLOGIES
P2P NETWORK Peer-to-peer architecture guarantees decentralization and scalability. Golem supports peer discovery and communication with a specific node. Every connection is encrypted and signed to guarantee security and authentication.
TRANSACTION SYSTEM Golem includes a multi-agent transaction system for matching users requesting computing power with its providers.
TASK DEFINITION Users define computing tasks easily using Golem's Task Definition Framework and libraries for high-level programming languages. Golem then automatically distributes each task over the network to computing nodes.
TASK COMPUTATION Computations in Golem nodes take place inside isolated virtual machines, for maximum security. Providers are able to decide how many CPU cores, and how much RAM and disk space they wish to rent to the Golem Network.
REPUTATION SYSTEM A reputation system enforces desired behavior of nodes in a decentralized environment, without relying on any supervising institution. This allows nodes to attribute a reputation rank to their peers. A node's rank is lowered in case of inappropriate behavior and is increased after successful computation.
APPLICATION REGISTRY & TRANSACTION FRAMEWORK Developers can create and distribute software on the Golem Network's Application Registry (kind of like an app store), and use the Transaction Framework to choose whatever remuneration model they desire to make a profit (or not) from their software.
Golem Net is a P2P network created by the computers (nodes) running Golem App. Any user may use Golem App to send any computing task to the network. Any user may use Golem App to lend a machine to others. An Ethereum-based payment system is used to clear transactions between senders and receivers. Example industries: - Computer graphics Photorealistic rendering - Big data analysis - Machine learning Image recognition - Cryptography Cryptocurrency mining - Computational biology DNA analysis - Computational physics Particles simulation
Attention. There is a risk that unverified members are not actually members of the team
Golem is an ambitious project that uses distributed cloud computing to make supercomputing power available to the masses. It so far only works for CPU CGI rendering, but the team is working hard to develop more use cases. The success of Golem depends on these factors. Golem is a three-sided marketplace that lets providers rent out computing power to requestors to perform calculations using compatible software. Instead of mining, GNT is earned by providing adding your computer to the cluster. Tasks are divided into subtasks and completed based on available power. Intel SGX isolate Golem processes from the rest of your computer to ensure end-to-end security of data and files being processed. Golem Factory is actively seeking developer and requestors to ensure a sustainable market for providers. Machine learning and other use cases are in the works. With these pieces in place, Golem is well-positioned for future success. Whether graphic designers, scientific research teams, video game developers, or movie producers, access to supercomputing power can achieve things once only accessible to super-wealthy and corporate conglomerates. Golem is flipping that paradigm on its head. It’ll be interesting to see if they can convince professionals at conferences like the National Association of Broadcasters Show (NAB) or the Game Developer Conference (GDC) to accept their solution. Keep watching the cryptocurrency news and the Golem price and market cap for the answer.
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