Golem Network (GNT)

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Golem Network (GNT) is a decentralized cloud computing based project that was launched in 2016. One among the many projects focusing on decentralized cloud computing, Golem Network is one of the more popular of these projects. 

Calling itself a decentralized marketplace for computing power, Golem Network lets users rent out their computing power resources to other users on the network, for which they get paid in the GNT token. Individual users as well as large data centers can join the network. The team is tackling the problems in the very much centralized cloud computing market, which is primarily the fact that cloud computing is expensive with a high barrier for those without the funds to access these services in any meaningful way.

With a strong focus on developing the ecosystem, Golem Network allows entities to integrate themselves with Golem Network and share their own distributed task frameworks on the network. Currently, the project’s major use cases are CGI rendering, machine learning and scientific computing. However, the team is actively working on finding new use cases, and in fact takes suggestions from developers and the community on what new use cases should be.

The Golem Network project is currently in the second of its five-phased development, the Brass Golem phase, which has brought the network an intuitive GUI with functional renting and computing power purchasing features. The beta version of the mainnet already having launched.

Flexibility and robustness are two major focuses in the upcoming phases of development, as well as the introduction of network use cases, which, tentatively, are photogrammetry reconstruction and video transcoding. The team keeps an active Trello board that effectively communicates the progress that the team is making with their development goals. The team’s current focus is on expediting the arrival of the next phase, Clay Golem, as well as Graphene, which lets applications run on Intel’s SGX enclaves, and Golem Unlimited, which allows for hubs of trusted providers.

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18 Aug 2020 3 minute read 0 comments pierce

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Golem Network is a decentralized distributed supercomputer. Hence, it is inherently less efficient than centralized platforms. Some have argued that centralized solutions such as AWS will make golem obsolete if they decide to start providing services...