Startups

Golem is the World’s Largest Supercomputer

Supercomputers are somewhat necessary for processing complex or large amounts of data as well as organizing it in a risk-free way. These monsters have computing power far greater than that of the average MacBook. For the common man it doesn’t sound like much, but if you’re a computer scientist or work somewhere along the technical side of the entertainment industry, you probably know the worth of a good supercomputer. You may also want to recall how frequently you were presented with the option to use one for your work. You wish, right? If it were that simple, you probably would’ve found a solution to Trump’s hair problem too.

Say goodbye to wishful thinking. The Golem Network has found a way to share computing power through blockchain technology. It is a network constructed on the basis of providers and requester. The provider is paid in cryptocurrency for providing a computer system to the network to be rented out by requester, ranging from an entire data center to a single PC. The requester pays the network in cryptocurrency to access other users’ supercomputers/computers for their needs. Golem’s sole purpose is to decentralize computing power and share resources with the world. No middlemen, no mediators.

Incentives

Providers

  • Golem pledges to utilize Any kind of existing computer system to provide optimum speed and efficiency for intensive tasks such as scientific calculations and computations.
  • Providers get paid for renting out their hardware. Sharing resources has never been easier and rewarding.

Requester

  • Golem offers tools and software to handle tasks that demand large computing strength.
  • Requesters are offered with a range of affordable and scaleable tools to that combine hardware and software.

Software developers

  • The platform is an excellent way to earn off of your software. Software developers may submit their software to the Application Register and showcase their software to the world. Requester pay for using these software.
  • One of the first use cases of Golem is CGI rendering that is provided by the platform, paving the way for developers to come up with ideas to enhance the experience at Golem.

Why choose Golem?

A number of today’s tasks that need a powerful backbone are being catered at Golem:

CGI Rendering

Computer generated Imagery. For some, it can be a nightmare to pull off. For others, an even bigger nightmare to render. Rendering requires a tough machine that can process for hours without losing any quality. Now, CGI artists can rent out the resources that they need from other users. Not only this, but when a specific machine is idle, it can handle other users’ tasks as well.

The current version of Golem, the Brass Golem, is solely focused towards CGI rendering, compatible with rendering platforms like Blender or LuxRender. The Golem network believes that this will be an apt Proof-of-Concept and training ground before moving further to decentralize computing strength.

Machine Learning

This area of computer science is at its prime. Machine learning models all over the world are being deployed to handle popular genres of interest like Data security, Healthcare, Online Searches and Fraud & Identity Detection. They, too, demand high computing power and Golem has been quick to acknowledge these traces. However, there is still time before Golem supports Machine Learning stacks as they currently in development for the next set of updates.

The Golem Network Token (GNT)

The GNT, distributed on the Ethereum platform, is ideal to promote the further progress of the the Golem Network, enabling users to ensure control and flexibility over their properties. Moreover, nearly all of the tokens were created during their crowdfunding, which are now available to be transferred. The GNT attributes to a variety of functions:

  1. Payments from requester to providers for usage of hardware.
  2. Remuneration for software developers in GNT.
  3. Core component of the Application Registry and Transaction Framework. Providers and software developers will interact with the platform for validation and certification.

Application Registry and Transaction Framework

An Ethereum Smart Contract, the Application registry provides requester a place to find their required tools, providers a medium to submit their hardware and software developers a place to showcase their applications. It is essentially the most efficient use of blockchain technology to decentralize the sharing of resources that is run harmoniously by the community itself. It is a safe place, managed by authors, reviewers and publishers to keep track of white-listed application that network trusts.

The Transaction frameworks, also built on Ethereum, consists of basic requirements that users will need to follow to submit their reusable resources to the platform. Users can modify Transaction models as they see fit as long as they are aligned with the Transaction Framework. Primarily, it demands:

  1. Entry in the application registry
  2. Incorporating Open source environment.
  3. Use of GNT for remuneration and payments
  4. Community approval or rating of Transaction model.

Golem is positive that both of these components will aid users in getting the best out of their experiences via the network.

Future Versions

Currently, The Brass Golem is available to be downloaded on PC. It is most suitable for Artists who need powerful CGI rendering softwares or even hardware. Future developments include the Clay Golem, Stone Golem and Iron Golem. Golem has been well equipped since acquiring a total of $8 million from their ICO at the end of 2016 and has since been testing for use cases. The next version, Clay Golem is set to debut in the coming months. Here’s a link to their whitepaper.

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Noefal Ahmed

Software developer, graphics artist and crypto enthusiast. Noefal is a performing artist and covers blockchain startups for BlockPublisher. Email: noefal@blockpublisher.com or contact the editor at editor.startups@blockpublisher.com

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