What Is Golem (GNT)?
Golem is an Ethereum-based blockchain project that hopes to harness cluster computing to resolve our most pressing computational problems. Although capable, home computers (even many enterprise machines) can struggle with things like high-bandwidth computer animation or 3D modeling. As we move toward an 8K, 3D, VR world, this will become a real pain point.
Who Is Golem?
Golem was created in 2016 by Switzerland-based Golem Factory. It’s maintained and operated by CEO Julian Zawistowski, CTO Piotr Janiuk, and COO Andrzej Regulski.
Use Cases of Golem
Golem is meant for any resource-intensive data processing. Users can rent CPU CGI rendering resources at the moment. More processes and computations involving CPU, DRAM, and other computer components are in the works.
How to Mine GNT
GNT isn’t technically mined. Instead, it’s earned by renting out spare processing power on your computer. This still involves solving complicated mathematical algorithms, so it works in a similar manner as mining. The difference being only the output.
Notable Partnerships and Investors
Golem currently supports computer generated imaging (CGI) programs Blender and LuxCoreRender. Both are free and open-source programs that work in conjunction with each other to complete the CGI assembly line process.
Learn More About Golem
If you want to learn more about Golem, I wrote a full coin intro guide at Crypto Briefing. Or you can learn more about other cryptocurrencies across Thought for Your Penny.