Cloud Computing: Golem to Create Distributed ‘Supercomputer’ Using Blockchain Tech

November 10, 2016 Off By David

Grazed from BitCoinist. Author: Editorial Staff.

Golem wants to provide what it calls the “Airbnb for computers,” a first-of-its-kind decentralized market for shared computing power. The company hopes the public will find its goals appealing, as it will open a crowdsale for the Golem Network Token (GNT) on November 11, 2016.

This decentralized, Ethereum-based service, once up and running, will reportedly allow people to rent out unused computing power in exchange for cryptocurrency. On the other end of the service, costs for resource-intensive processes will decline, according to Golem, making tasks such as CGI rendering, scientific calculation and machine learning more efficient and accessible…

“If you have a powerful gaming computer that you aren’t using all day, or a PC that you leave at the office each night,” said Golem founder Julian Zawistowski in a press release, “you can rent your unused computing power to help someone who may need it for rendering graphics or developing complex applications.”…

Read more from the source @ http://bitcoinist.net/golem-supercomputer-blockchain/