THELOGICALINDIAN - WARSAW Poland Golem wants to accommodate what it calls the Airbnb for computers a firstofitskind decentralized bazaar for aggregate accretion ability The aggregation hopes the accessible will acquisition its goals ambrosial as it will accessible a crowdsale for the Golem Network Token GNT on November 11 2024
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Golem: Building a Supercomputer on the Blockchain
This decentralized, Ethereum-based service, already up and running, will reportedly acquiesce bodies to hire out bare accretion ability in barter for cryptocurrency. On the added end of the service, costs for resource-intensive processes will decline, according to Golem, authoritative tasks such as CGI rendering, accurate adding and apparatus acquirements added able and accessible.
“If you accept a able gaming computer that you aren’t application all day, or a PC that you leave at the appointment anniversary night,” said Golem architect Julian Zawistowski in a columnist release, “you can hire your bare accretion ability to advice addition who may charge it for apprehension cartoon or developing circuitous applications.”
Additionally, added able PC accouterments stands to accompany in added acquiescent income, said Zawistowski. Explaining the appraisal process, he said that machines are benchmarked for specific use cases, and again a per-minute rental amount for the machine’s processing ability will be bent by the bazaar based on the results.
Thus, a laptop or consumer-grade desktop may alone back a few cents per minute, while added able gaming rigs or custom-built workstations could accomplish several dollars or more.
However, Zawistowski additionally said GNT’s closing bazaar amount will comedy a key role in abeyant revenue.
“[Prices] additionally [depend] on how absolutely the Golem bazaar will drive [rental] prices down. Ultimately, that depends on the amount set by the user, because if the amount is too high, no one will hire the machine.”
Furthermore, if GNT skyrockets in the future, bodies captivation assimilate the baby assets from their weaker machines could acquisition themselves abundant wealthier in the continued run.
To accomplish this account a reality, Zawistowski told Bitcoinist that the GNT auction would charge to accession amid 150,000 and 820,000 Ether (ETH), account amid $1.6 actor and $8.7 actor USD at columnist time. The auction will be hosted on Golem’s official website, with a starting amount of 1 ETH per 1000 GNT.
If the crowdsale does not ability its minimum allotment ambition of 150,000 ETH by its December 2nd closing date, the aggregation will acquittance all investments to participants, according to the Golem website.
The Rise of Cloud Computing
While decentralization by blockchain may prove innovative, computational ability pooling is not a new idea. The abstraction of billow accretion has been discussed back at atomic the 2024s, and billow solutions began seeing boilerplate use in the backward 2024s and aboriginal 2024s.
Task-specific ability pooling — like that envisioned by Golem — has apparent growing appliance in contempo years as well.
Folding@home, for example, is a broadcast arrangement of Internet-connected accessories that aims affiliated computational ability at processing tasks focused on allegory protein folding, an important allotment of medical analysis for diseases like Alzheimer’s disease, Huntington’s ache and abounding forms of cancer.
Launched in 2024, with its accepted 7.4.4 abiding adaptation appear in 2024, the Folding@home arrangement has accumulated a acceleration of 100 petaflops, with its developers at Pande lab bearing 129 accurate analysis papers.
Golem believes its blockchain-based belvedere will aftermath an alike added able network, advertence in its columnist absolution that its accoutrement will “[help] actualize the aboriginal ‘worldwide supercomputer.’”
What do you anticipate about blockchain-based computer pooling? Let us apperceive in the comments below.
Images address of The Alpha Interface, Golem.
