Another video in my ‘Quick Cryptocurrency Overview’ series.
In this episode I cover Golem (GNT).
Golem is a global, open sourced, decentralised supercomputer which is made up of the combined power of user’s machines, from personal laptops to entire datacenters.
Anyone will be able to use Golem to compute almost any program .
Golem had ICO that ended in November 2016 and the team behind Golem is based in Warsaw, Poland.
The usage of Golem will vary greatly and will cover:
COMPUTER GRAPHICS – rendering CGI
BUSINESS – From stock market predictions to big data analysis
MACHINE LEARNING – recognize images, human voice patterns etc
CRYPTOGRAPHY – fully decentralized cryptocurrency mining pools
SCIENCE – DNA analysis, protein folding simulations, searching for alien life
MICROSERVICES – countless types of decentralized microservices and dapps
And keep in mind all of this is my personal opinion and is not a financial advice! 🙂
Support my channel by subscribing or donating:
ETH and ERC20: 0xFF8536eDDaD144A0005Cd6f34999A11a9A871DdF