Review on Golem by Syed Adnan
Decentralized global platform for microservices.
Some benefits we should know before investing.
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The two parties to the network are the requestor and the supplier. The requester asked for strength to perform his work. If his work does not fit the given task template, Third Edition Stone will allow him to write his own code using the Task Definition Framework. On the other hand, the provider chooses between task offers considering the reputation of broadcast nodes.
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The requester re-examines his reputation after the supplier chooses him and sets a price with the required information. The reputation here depends on precise results and efficient payment.
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After the connection is made, the provider receives the required via IPFS and starts the task on the task computer. The results are returned via the IFPS network.
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After verification by the task manager and other steps taken by the requestor, Ethereum arranges for a smart contract payment.
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Pros
- Each machine connected to the network does not replicate its calculations. They are always expanding in both reach and technical support. This is not a price savings like Bitcoin. Rather, the fuel that will strengthen transactions on computers worldwide will actually democratize the processing power.
Cons
- If you believe in the crypto industry, it currently seems a healthy lucrative option in the long run.
