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Golem USD (GNT-USD)

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0.1025-0.0011 (-1.06%)
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About Golem

Start date: 2016-11-18
Network H/S: -
Twitter: @golemproject
Website: -
Coin type: -
Block RR.: -
Block no.: -
Block reward: -

Description

Golem (GNT) is a peer-to-peer decentralized marketplace for computing power. The project aims to be an alternative to centralized cloud service providers with its lower price point and open-source community of developers. The Golem network pools global computing power and enables users to access these resources with GNT. Token holders pay resource owners to complete tasks requiring computational resources. The network is composed of the aggregated power of user devices. Golem is reportedly able to compute tasks that run the gamut from CGI rendering to machine learning. Transactions between participants are deemed to be safe because computations take place in sandbox environments that are sequestered from hosts’ systems.