Foundations of Blockchain

Golem

Golem is a global marketplace for distributed computing power in a P2P network. It allows anyone with redundant computing power to become a producer and monetize their computing power by contributing it to a decentralized network. Golem can be used to power decentralized microservices or any asynchronous tasks. The main advantage of Golem's marketplace is the reduction of the computing price for complex tasks such as CGI rendering, scientific calculations, and machine learning.

Golem operates in a P2P network, allowing providers with computing power to hire out their resources to customers, or in Golem parlance, requestors. Unlike existing cloud platforms, where payment is made at fixed intervals using third-party services, Golem uses ...