Blockchain sharing economy startup Golem has launched a beta version of its Brass software with support for the Ethereum Mainnet and the version went live on 10th April.
The project has been many times endorsed as “Airbnb” for computers. You can rent out your unused computing power and you will be paid for it in cryptocurrency i,e, in Golem Network tokens (GNT).
The company aims to build a “global, open source, decentralized supercomputer that anyone can access” by creating a platform on which “requestors” can rent computer processing power from “providers” who have processing power to spare. Requestors would broadcast offers on the network and Golem’s “transaction system” would match them with providers by “taking into account prices, reputations and [the providers’] machines’ performance.”
Golem hopes that its P2P platform will enable users to perform a wide variety of computing tasks, but the current implementation of its software exclusively supports computer-generated imagery rendering. It does this by interoperating with the open source computer graphics software Blender.
In 2016, the project had raised 820,000 ETH, around $340 million, within 30 minutes of its sale.
What Lies Ahead
The goal of building a worldwide supercomputer, the mainnet launch is an important step forward in proving out its underlying architecture and ethereum itself.
María Paula Fernández, Golem’s external relations said,
“At first, we used to think that we needed the product to be perfect to launch mainnet. We realized, after many software iterations, that the only way to achieving a good product was to get it out of the comfort of our laboratory – the testnet.”
- This goal of improving the software’s code, the Golem Project also announced on bug bounty with a total pool worth over $130,000 at press time, which will be paid out in the platform’s ERC20-based native Golem Network Tokens (GNT).
- The next step, is to develop and release an optional piece of arbitrage software called Concent, which is intended to “secure the network and verify that the participants are behaving correctly.”
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