Golem Network (GNT) News, Price Predictions, Opinions and Analyses Created by Users

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.

Operation Patagia : Getting Golem on Uniswap

18 Aug 2020 3 minute read 0 comments pierce

TL;DR: You can trade Golem tokens (GNT) on Uniswap now: https://uniswap.info/pair/0x4b0ca81240feaf1d9b3e314a116a2da6e67cce7d Slightly longer version:  Technically you need to trade GNTW on Uniswap, but I made a frontend that makes it as easy as possi...

Golem (GNT) Price Prediction

29 Jul 2020 6 minute read 0 comments ChangeNOW

Introduction Golem is an Ethereum-based project aimed at building a decentralized network. It allows users to share computing resources by creating a global supercomputer. The Golem coin forecast team is working to develop a system for sharing as man...

Golem (GNT) Coin Review

22 Jul 2020 4 minute read 0 comments ChangeNOW

Introduction It is important to have a good handle on the basics of Golem coin before getting into more involved details about the Golem Network Token, or GNT. Golem is a supercomputer that can combine the computing power of each machine that is conn...

What is Golem (GNT)? — 'Distributed Computing Infrastructure' — Beginner's Guide

22 Mar 2020 5 minute read 9 comments cryptomagis

The Golem crypto system is designed to give people the opportunity to decentralize their computing infrastructure. Quite an interesting proposition – the system was designed to turn idle computing resources (CPU/GPU power) to the task of rendering im...

Is The Golem Network Efficient Enough?

2 Feb 2020 2 minute read 4 comments littleboy

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...

What Is Golem Network Token (GNT)? - [A Comprehensive Guide to Understanding GNT]

28 Oct 2019 8 minute read 3 comments Mr.CryptoWiki

The growth of blockchain technology, fed by the rabid nature of investors looking to make a quick buck, has been accompanied by a copious amount of bloated descriptions that sell the advantages of the technology in every possible industry. Just becau...

What Is iExec (RLC)? - [A Comprehensive Guide to Understanding iExec (RLC)]

23 Oct 2019 7 minute read 0 comments Mr.CryptoWiki

In its short definition, iExec RLC is a decentralized cloud computing solution built on the top of blockchain technology. In the iExec ecosystem, developers can easily rent computing power, servers, and data centers. All of these transactions are dir...

What is Golem token: More information about Golem, an ERC-20 token that rewards users for sharing their idle computing power

29 Jul 2019 3 minute read 0 comments quintomudigo

  Golem is a token created on Ethereum Blockchain network whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. Golem was mainly created to provide power at...

How I started on Publish0x

20 Apr 2019 1 minute read 4 comments CryptoWordsmith

My journey to become an author on Publish0x started when I found Zoran Spirkovski's post about the Golem Network.  Shortly after that, I found a great article by Igor Tomić about How to Earn Crypto by Publishing and Reading Content on Publish0x - A S...

Golem Vs AWS

18 Mar 2019 2 minute read 10 comments littleboy

Amazon Web Services (AWS) is a major competitor of golem network. Golem Network could become economically unsustainable if AWS provided better and cheaper services than Golem. This is a major concern many Golem investors have in their mind. AWS provi...