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Review on Golem by Igor Latev
Golem is an Ethereum based cryptocurrency that was created to allow sharing…
Golem is an Ethereum based cryptocurrency that was created to allow sharing computing power via the Ethereum network. Everyone has access to the GNT network to do graphical rendering, data analysis etc. with reduced costs. Also everyone with computing hardware can participate with Golem and rent out their resources for an automated income. All in one I think GNT has the potential to grow much larger than it already has. The use case of this project is phenomenal and only needs to slowly move in to the market.
Pros
- You get rewarded for renting out computing power
Cons
- strong competitor (SONM,SIA..) Only alpha version at the moment No mining available
