About

Golem Network is a decentralized computing platform enabling users to buy or sell computing power. It operates on an open-access, censorship-resistant protocol, connecting users through an open-source platform. Golem allows for flexible peer-to-peer transactions, supporting a variety of use cases and fostering innovation among software developers by leveraging unused digital resources.

History

Golem is a DApp on the Ethereum blockchain. Golem is a global, open-source, decentralized supercomputer that allows anyone to share and aggregate computing resources to create a global supercomputer. It is made up of the combined power of users’ machines, from PC’s to entire data centers. Golem creates a decentralized sharing economy of computing power and supplies software developers with a cheap source of computing power. The team is focused on tasks that require a large amount of resources such as computer-generated imagery (CGI), machine learning, and scientific computing. By creating a network to share resources Golem hopes to supply software developers with an alternative to traditional centralized cloud service providers like Amazon, Google, Microsoft, and IBM.

The network functions as a peer-to-peer marketplace for excess computing power. Users can rent out their hardware in exchange for compensation in Golem tokens (GNT). Those that require resources to complete intensive tasks, like CGI rendering, can pay for this excess capacity through a decentralized marketplace. The team plans to integrate an application registry that will allow developers to create applications on top of Golem.

Golem Factory was founded in Switzerland in 2016 by Julian Zawistowski and Andrzej Regulski. Golem released the Brass Golem implementation in April 2018, allowing Providers to earn GNT by contributing computer power and requestors to spend GNT on available compute power. The first target use case is for CGI rendering, allowing requestors to distribute processing of any Blender or LuxRenderer scene over the Golem Network.