A Supercomputer cut out of Blockchain, tailor-made for Cloud

Underneath every problem lies an awesome opportunity. But looks like Ethereum blockchain’s scalability problem has given not one, but three radical answers that could be used for much more than what they were invented for.
One of these three babies is Golem, an ambitious effort by Ethereum to carve out a decentralised supercomputer by sharing of computing power residing with PCs or data centres lying idle. Reminds you of the word Cloud, doesn’t it? Well, add words like ‘global’, ‘open source’ and ‘decentralised’; and you are staring at a massive new cloud whipped up from the combined power of many spare machines and extra compute-muscle.
This power, a.k.a. Golem can be put to use for any task that can go super, such as machine learning, AI, scientific researches like DNA studies and CGI. And there could be more when you make it amenable as an Uber-for-computers by enabling users to buy and sell computational power from other users in a peer to peer environment given the decentralised sharing-economy it is based on.
And it is already in progress. This April, we saw beta ‘Brass’ going live from the Golem team, running on the Ethereum Main Net as a proof-of-concept for CGI rendering use-case.
The market is understandably excited as this could mean a new turn in the Cloud Computing renaissance that the industry has witnessed this decade. Golem Network Token (GNT) has been added to Binance, one of the largest cryptocurrency exchanges in the world.
As an ecosystem, wherein a user can lend their unusable or spare computer resources to someone else in exchange for money or computing-barter – now that could disrupt the data centre and cloud industry a lot. More so, as it can make its mark as an Ethereum smart contract for Golem applications as well as a transaction Framework – but without the dangers of being monopolised since it is quintessentially a decentralised creature.
When mixed with other new age technologies such as IPFS/Filecoin, Whisper, Swarm, DEVp2p and Ethereum, it could replace or supplement existing data centers to a great degree. It could be the next big thing for cloud providers as long as its flexibility and robustness are in place for cloud-scenarios.
The question is how soon it will cater to the excitement it has created for enterprises looking for a way out of their cloud headaches.


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