Penny for your Supercomputing?
Human history is a Gaian dream. ― Terence McKenna
Information + Resources
Golem is the first global decentralized supercomputer dedicated to graphics rendering. It enables peer-to-peer sharing of processing power between requesters and providers. It enables any size of computation to be done given enough collective processing power and “fuel” in the form of Ethereum ERC-20-derived Golem Network Tokens (GNT), based on the Ethereum blockchain. They successfully raised 820,000 ETH in their 2016 crowdsale. The service is in its very early days but shows immense promise, with the above image being some of what it can do in alpha. Any process using graphical computations will be able to take advantage of this type of cloud computing, and there are vast applications for this type of math from data analysis and rendering to neural networks and quantum computing.
Golem believes the market demand for cloud rendering could sit at $1.6bn by the end of 2018. This is worth watching. It’s really hard not to nerd out over this one’s potential, but all of blockchain has yet to take off in the way it needs to to support the processing power needed for Golem. Supercomputing is a multi-billion dollar business and Golem allows both the wealthy and the average consumer to reap its benefits on a distributed network. I hope this project pans out.
Future: This one’s a keeper
// Originally written May 29, ’17. Price at the time: $0.47 / GNT
// Edited June 16, ’17. Price at the time: $0.50 / GNT
// Edited June 18, ’17. Price at the time: $0.67 / GNT
// Edited Sept 26, ’17. Price at the time: $0.26 / GNT