#i actually think cryptocurrencies and blockchains had potential as a technology
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ggreeeenheart · 3 months ago
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So this ad I just got.
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So you admit it? You admit that cryptocurrency... is not real money? And your target audience doesn't see it that way, either?
Fascinating! Neat (:
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findsatoshiblog · 4 years ago
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The Beginners Guide to Crypto Currency Exchange
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In the first edition of CRYPTO TREND we introduced Crypto Currency (CC) and answered several questions about this new market space. There is a lot of NEWS in this market every day. Here are some highlights that give us a glimpse of how new and exciting this market space is:
World's largest futures exchange to create a futures contract for Bitcoin
Terry Duffy, president of the Chicago Mercantile Exchange (CME) said "I think sometime in the second week in December you'll see our [bitcoin futures] contract out for listing. Today you cannot short bitcoin, so there's only one way it can go. You either buy it or sell it to somebody else. So you create a two-sided market, I think it's always much more efficient."
CME intends to launch Bitcoin futures by the end of the year pending regulatory review. If successful, this will give investors a viable way to go "long" or "short" on Bitcoin. Some sellers of Exchange-Traded Funds have also filed for bitcoin ETF's that track bitcoin futures.
These developments have the potential to allow people to invest in the crypto currency space without owning CC's outright, or using the services of a CC exchange. Bitcoin futures could make the digital asset more useful by allowing users and intermediaries to hedge their foreign-exchange risks. That could increase the cryptocurrency's adoption by merchants who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also used to trading regulated futures, which aren't plagued by money-laundering worries.
CME's move also suggests that bitcoin has become too big to ignore, since the exchange seemed to rule out crypto futures in the recent past. Bitcoin is just about all anyone is talking about at brokerages and trading firms, which have suffered amid rising but unusually placid markets. If futures at an exchange took off, it would be nearly impossible for any other exchange, like CME, to catch up, since scale and liquidity is important in derivatives markets.
"You can't ignore the fact that this is becoming more and more of a story that won't go away," said Duffy in an interview with CNBC. There are "mainstream companies" that want access to bitcoin and there's "huge pent-up demand" from clients, he said. Duffy also thinks bringing institutional traders into the market could make bitcoin less volatile.
Japanese village to use crypto currency to raise capital for municipal revitalization
The Japanese village of Nishiawakura is researching the idea of holding an Initial Coin Offering (ICO) to raise capital for municipal revitalization. This is a very novel approach, and they may ask for national government support or seek private investment. Several ICO's have had serious problems, and many investors are sceptical that any new token will have value, especially if the ICO turns out to be a another joke or scam. Bitcoin certainly was no joke.
INITIAL COIN OFFERING - ( ICO )
We did not mention ICO in the first edition of Crypto Trend, so let's mention it now. Unlike an Initial Public Offering (IPO), where a company has an actual product or service for sale and wants you to buy shares in their company, an ICO can be held by anyone who wants to initiate a new Blockchain project with the intention of creating a new token on their chain. ICO's are unregulated and several have been total shams. A legitimate ICO can however raise a lot of cash to fund a new Blockchain project and network. It is typical for an ICO to generate a high token price near the start and then sink back to reality soon after. Because an ICO is relatively find satoshi easy to hold if you know the technology and have a few bucks, there have been many, and today we have about 800 tokens in play. All these tokens have a name, they are all crypto currency, and except for the very well known tokens, like Bitcoin, Ethereum, and Litecoin, they are dubbed alt-coins. At this time Crypto Trend does not recommend participating in an ICO, as the risks are extremely high.
As we said in Issue 1, this market is the "wild west" right now, and we are recommending caution. Some investors and early adopters have made large profits in this market space; however, there are many who have lost a lot, or all. Governments are considering regulations, as they want to know about every transaction in order to tax them all. They all have huge debt and are strapped for cash.
So far, the crypto currency market has avoided many government and conventional bank financial problems and pitfalls, and Blockchain technology has the potential to solve many more problems.
see more: https://www.findsatoshi.io/
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wolfliving · 6 years ago
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The Maker Movement and its discontents
*Via nettime mailing list
James Wallbank:
Fascinating to hear about personal engagement in Making, Graham!
I, too, have been personally, hands-on involved in Making since Access Space's turn towards digital manufacture, and the interface of the physical and the digital, since around 2010.
(For those of you who aren't aware of Access Space, it started as a "DIY Media Lab" which I and various friends who had accreted around "Redundant Technology Initiative" (lowtech.org) in 2000. It re-interpreted donated digital debris as resource, rebuilding computers, installing free operating systems, making them available to participants, and encouraging and supporting creative, self-directed projects.)
Part of the motivation behind Access Space was our hope that digital engagement and skills had the potential to empower. This proved to be the case in the early 2000s, and numerous time-rich participants engaged with Access Space, taught themselves and each other technological skills, and became web designers, graphic designers, technicians or even better-known artists. (Though whether "art" is, in the context of networked global capital, a viable or empowering career for a statistically significant proportion of its participants is, I suggest, in question.)
By 2010 we'd seen far less business incubation, and proportionately fewer participants able to self-teach to a level that it made a real difference to their life prospects or creative leverage. We saw that hardware and software skills devalued as pre-installed devices became cheaper, and that the digital realm was becoming dominated by global digital services, including social media, that, while they didn't do a great job, diverted the vast majority of potential digital design clients away from bespoke, local service providers.
In short, the window of opportunity suggested by the first phase of the graphical internet was closing. While, in 2000, speed-reading an HTML primer, combined with a little design flair, a few copywriting skills, and some sales confidence could make you a web designer in a month, in 2010 this was no longer the case.
We concluded that when any new technology is introduced, there's a period of opportunity, before that technology has become fully adopted or systematised, in which the individual can get involved, and (in a short time, with a level of skill only one page ahead of their clients) can empower themselves, converting an interest into saleable skills, products or resources.
We've seen the same window open and close with blockchain (which I believe to be illusory, unproductive, and, in the end, simply gambling). A vanishingly few people made money though cryptocurrency trading, but now it's dominated by grinding Ponzi schemes, viral mining fiddles, or blockchain is being repurposed by multinationals. The moment of opportunity for the individual has passed.
At Access Space we saw Fab Lab or "Maker Technologies" as a more genuinely productive line of approach, and, even though many of the technologies had been around for a decade or more, saw that the window of opportunity had not yet closed. As technology requiring significant physical engagement and investment (you need to buy real-world machines and materials!) the timescale of its adoption and exploitation by capital would be far slower.
So at Access Space we raised money (thanks EU structural funds!) and bought a CNC, a Lasercutter, a 3D Printer, Arduinos, Raspberry Pis, a digital embroidery machine... and set about a research partnership to explore the potentials of these technologies for creating local jobs and enterprises.
In the end, for those not in the highfalutin' and disconnected academic realm (sorry, researchers - you're my friends really!) a key element of whether a technology is empowering or not is "Can you get paid for using it?"
And "using it to engage and educate" doesn't count - actually using it to create product or paid-for service is key. In Access Space's particular case, we took the position that we didn't care about "industrial transformation", nor "increasing supply-chain efficiencies". We cared most about actual, tangible jobs in Sheffield, not abstract (however numerically significant) jobs in San Fransisco or Shenzen.
The research engaged with local makers, both individuals and startup enterprises, and concluded that the technology we looked at with most potential to generate local jobs and enterprise was lasercutting, and the one with the least potential was 3D Print. Even seven years later, we still agree.
This failure, it seems to me, to engage with the economics of making is exactly what's thus far marginalised the "Maker Movement". It's also true of the Fab Lab - while it's a powerful context for education, the economics of fabbing just don't work.
To give a simple example: one of the Fab Lab founding principals its to engage with a wide range of materials and processes, on a wide range of scales. For a business to become profitable, the imperative is EXACTLY THE OPPOSITE. To optimise manufacture, it's necessary to reduce the number of processes, and minimise the variety of materials. In terms of marketing, the key is to focus on a particular product and market. It is supremely irrelevant to a person who wants to buy a new pair of shoes to know that you can also make customised wifi amplifiers, repair bicycles, design lamps or sell toy robots.
Shoe advertisers (physical or digital) sell shoes, not "Anything... uhh... including shoes".
The Maker Movement comes out of academia, where the core product is learning. To the business world, high skill is the enemy. Skilled processes are expensive - you want your highly skilled people to be doing as much as possible, over as wide an area as possible, so you can employ as few of them as possible.
So, with this context, my wife Lisa and I opened "Makers". It's a shop, where we make things. You can commission us to make things, or come and make things with us. We run educational workshops, too - but it's not the mainstay of our business. We did this with the intention of further exploring the opportunities afforded by digital manufacture, with a view to uncovering the sustainable business models that might emerge from it. Having just done two and a half years of research into the employment potentials of digital manufacture, I thought we might have a head-start.
Makers is now coming up to its fourth birthday, and we haven't gone bankrupt yet. (Not to show off, but that fact alone apparently puts us into the top 5% of UK retail!) We've discovered a whole load of stuff about digital and analogue making, the economics and sustainability of local manufacture, that we just didn't know, and we've not seen the wider Maker Movement really touch upon.
We've rejected whole categories of product lines, and focussed on particular processes and products to make our living. We still make a wide range of things, and we're constantly experimenting with new ideas, but bearing in mind that we need to create things that aren't characteristic of the typical maker-space product ("really fascinating, but I have no use for it!"). The objects we make must have the key characteristic that people are prepared to put their hands in their pockets and buy them - for a sensible price - and that means that they must be appealing.
We have a range of clients for our making services, including individuals and businesses. For individual clients, we're typically making home decor, but for micro-businesses we're at the cutting edge of business incubation - people come in with an idea (often its something crafty, with a very specialist market) and we help them design and produce their products.
But... get this... around 80% of clients who commission us to make things, or make things with us, are women. It's a completely different demographic from the typical "maker dude" who inhabits our friendly neighbourhood makerspace. Our repeat making clients are often making money out of making - we're helping to design and manufacture stuff that they sell. There's also an interesting line of products that helps people to sell - signage, packaging, point-of-sale displays.
We're also thinking about how making impacts on our locality. Traditional retail is in freefall - but we're finding that shops are being replaced by "makey" and "crafty" services. Our shop was (twenty five years ago) a greengrocer. Now it's "Makers". On our little block of 16 shops we see computer and phone repairs, a dressmaker, bicycle repairs, baking, and of course, a barber and takeaway food shops. Very nearby we find micro-brewers, woodworkers, picture framers, upholsterers, photographers...
These sorts of services seem, over time, to be replacing the once ubiquitous mini-marts and retail outlets that have been displaced by online shopping.
Recently, we've been a research partner in research into making (MakEY - Making in Early Years) which has been very interesting, but again does what academia is wont to do - assume that the product is learning. In my view, far from being over the hill, making may now be transforming from academic and hobbyist interest to actual economic models. I think it has huge potential to revitalise localities and communities, and I urge researchers to get involved. (Will lecture for food!)
But let's lose the glamour - and start thinking about real products, real places, and real business models. Want an example of "sustainable superlocal digital manufacture"? How about key cutting? Yeah, it's not so cool now, is it?
All the best,
James =====
On 11/06/2019 18:43, Graham Harwood wrote: I just want to interject a little into the Post-Maker universe.
I work a lot these days with the maritime, a technical culture of wooden boat repair that in Essex, I also worked a lot with people who restore old telephone exchanges and people who build steam engines - through having run a free media space in 00 ties were we hacked, pirated recycled at will. Among the many things that are interesting about these technical cultures is that they produce value for those engaged in the process - but this value has only a limited relation to the accumulation of capital. The maker phenomena could be seen in this context as a way to monetise the non-discursive technical cultures - a tinkering world that has an unbroken line back to at least the enlightenment but probably before. In 1799 the Royal Institution of Great Britain was established to put science to work for particular class and keep the theoretical away from a populace that presented a threat (the demon of the French revolution) - The Royal Institution was a place where an artisan class built technicals object but where not allowed in, or allowed to lecture. 
Faraday had to have elocution lessons, learn how to eat properly before being allowed to lecture and even then had to be deemed a genius to escape the his class background and address gentleman. What Im trying to suggest is that non-discursive technical tinkering exist within many technical cultures and long may it remain so.
I'll tag on a little introduction this I wrote.
“The science which compels the inanimate limbs of the machinery, by their construction, to act purposefully, as an automaton, does not exist in the worker’s consciousness, but rather acts upon him through the machine as an alien power.” Karl Marx(1858)
In 1958 the French philosopher Gilbert Simondon published On the Mode of Technical Objects to address just this form of cultural alienation implicit in the quote above. He writes, among other things, about two ways in which people come to know technical objects. He says technology viewed from a child's eye, which I imagine he is seeing as, naive and innocent we gain an implicit, non-reflective, habitual tendency. 
A baby strapped into a buggy, is given a parent's mobile phone and is happily learning to play a game but cannot yet utter the words to express these interactions. Simondon then imagines an inverse, a trained adult engineer, reflective, self-aware using rational knowledge that is elaborated through science. Something like an Apple engineer who creates closed technologies imagining its users still strapped in that buggy unable to articulate their critical needs. 
Simondon seeks out another form of relationship with technical objects which he finds in the Enlightened Encyclopaedism of Denis Diderot and Jean le Rond d'Alembert (Encyclopédie (1751–1777)) in which concrete knowhow is abstracted and assembled into a technical orchestra. Contemporarily, is it worth considering our networked technologies in this mode of encyclopaedism? An evolving off-grid, red-neck, student, coder, geek pedagogy producing technical information, hacks, howto’s, shakedowns, and open source code repositories, that respond to an evolving technical culture. This technical republic is nothing new, it’s genealogies can be traced to and beyond the amateur experimentalistsof the London Electrical Society and William Sturgeon (1783 - 1850) and the artisanal formation that knowledge can be contained in the object built and it’s functioning is its explanation.
Is a tinkering internet a critical technical republic? A social space that potentially can break down the state actors with encryption, corporations by opening up software and proprietary technics by hacking them open, making things public? Is the marginal technics on a teenagers dirty bedroom, the dank basement of a bored salaryman, the ham radio garden shed a strategy to unfold the clean room and its magic men in white coats? Or is this largely a white male space that has eradicated other forms of objectivity and subjectivity from view? How can we attempt to instate a devolved technics that refuses misogyny, racialisation and yet envisages technology outside of the paradigm of human slave or potential human enslaver.
Harwood
From: [email protected] <[email protected]> on behalf of John Preston <[email protected]> Sent: 11 June 2019 17:39:00 To: [email protected] Subject: Re: <nettime> The Maker Movement is abandoned by its corporate sponsors; throws in the towel On the mention of recycling I just wanted to mention the Precious Plastic (https://preciousplastic.com/) project, which is very much in this vein and currently active. Looks good, I'd like to build a recycling machine and melt down some plastic at some point.
On a more local and mainstream level, my town has a show that sells 'upcycled' furniture which has been done up (new handles, repainted with flower motifs etc). Recycling and maker culture is great but I'd like to see more projects which are local or community oriented: this is essential to truly address the problem of waste. We separate glass in my borough, maybe we could feed that into local double glazing firms, or something else.
*stopping here before I ramble on for 10KB*
John
On 2019-06-11 16:27, Jaromil wrote: > dear Bruce and nettimers, > > On Sat, 08 Jun 2019, Bruce Sterling wrote: > >> *Well, so much for the O’Reilly Web 2.0 version of popular >>  mechanics.  Fifteen years is not too bad a run by the standards of >>  an increasingly jittery California Ideology.  Now what? — Bruce S > > Felipe Fonseca has seen it coming years before and express it well: > https://medium.com/@felipefonseca/repair-culture-65133fdd37ef > > he wasn't alone: for those of us who were into the "recycling" and DIY > scene in the late nineties, the Make magazine circus was the sort of > poison to kill a movement by sugar coating and extraction aka > franchising. While doing that for 15 years, there are a three points > it missed to address IMHO: > > 1. the right to mod your hardware, esp. video-games which represent >    the vast majority of new hardware sold and thrown away around the >    globe > > 2. the "peripheries of the empire" aka South of the World (remember >    Bricolabs?) where DIY is *amazingly* developed in various forms. >    As usual, we have learned nothing from that, just advertised us >    westeners doing it better and with more bling. > > 3. the "shamanic" value that can be embedded in uses of technologies, >    as opposed to the sanitized and rational interpretation given by >    designers in the west. Techno-shamanism is something Fabi Borges, >    Vicky Sinclair and other good folks in Bricolabs have been busy for >    ages! > > so then, what now? I believe the functional need of aggregating places > for "hacker culture" is lowering: everything can exist virtually as > software, more or less. Machinery + franchising have a too high > production cost compared to their output, not sustainable at all. Also > moving hardware around is a *big* effort and the only ones lowering > overhead costs for new players are in China (...Aliexpress). > > Plus the acceleration of hardware production resulted in way less > sustainability especially in relation to obsolescence: buy a part now > then ask if it will be still available in 20 years! you'll be > presented an NDA to sign and then discover there is just a 3-4 years > plan behind it. Spare parts anyone? Meanwhile is almost 2020 and there > is no service to print and sell-on-demand USB sticks with stuff on: > what a contrast if you think of the CD/DVD on-demand industry of 15 > years ago! which partially resists only on garage music productions. > > So, software still offers possibilities, but will it produce a > cultural shift? I doubt it will do more than what it did already in > crypto, which is already highly controversial and poisoned of a sort > of unstable sugar coating mixed with toxic financial capitals. > > At last, looking at the new generations, the bling is what really > counts: I guess most "fablabs" could be converted to > "fashionlabs". Personally I'm planning to revamp dyne:bolic which > besides running on old computers and modded game consoles did one > thing which is still actual: it was a media production studio. The > best part of "maker culture" was its cultural expression, mined for > its value until exhaustion; but isn't it harder to express cultural > values using hardware? Much easier with music and videos etc. they > also travel easier. > > For more *practical examples* of projects who may inspire new > horizons: you are all invited to an event we (Dyne.org) are setting up > in Amsterdam on the 5th July. We will fill the stage with many new > faces: 16 projects we awarded with EU funding for their pro/vision of > "human-centric" solutions, purpose driven and socially useful. Hope to > see some of you, we will also have a new call end of year, its about > 200k EUR equity free so lets engage in new sustainable challenges > https://tazebao.dyne.org/venture-builder-eu.html > > ciao
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lakelake2-blog · 6 years ago
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LTC Core Wallet
What is Litecoin? Litecoin brands itself just as one open source, peer-to-peer cryptocurrency that enables fast and near-zero obligations concerning anyone, everywhere in the world. It was produced in October in 2011 by means of an ex-Google and even ex-Coinbase engineer, Charlie Shelter, as an alternative in order to Bitcoin. He wished to develop a cryptocurrency that may fix some of the problems suffered by Bitcoin, like as purchase times, large transaction service fees, and focused mining trust. He / she likewise wanted to enable larger-scale adoption by persons together with businesses. Litecoin can be utilized by individuals to make purchases inside real world even more easily than more other cryptocurrencies because it will be maintained a growing range of wallets and crypto debit cards. litecoin core version 0.13.2.1 offers also manufactured progress with the merchant aspect since they have recently been growing their point-of-sale settlement entry and banking services to be able to much easier for merchants to recognize Litecoin as a good way of payment. The Litecoin community has decent usage. Normally, Litecoin processes all-around 20, 000 to thirty, 500 on-chain orders a good day. Often the chart under shows typically the utilization associated with the Litecoin network with regard to the past two decades:
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Litecoin as opposed to Bitcoin Thinking of that Litecoin was created making use of Bitcoin�s code (it was initially a fork of this Bitcoin) with near-identical functions, it is usually compared with Bitcoin. The key differences usually are highlighted below: Hashing algorithm: Both Litecoin together with Bitcoin use proof-of-work because its consensus algorithm, nevertheless , Litecoin uses a different hashing algorithm � scrypt instead of Secure Hash Formula (SHA) 256. Scrypt is more memory-intensive than a good protocol that is not memory-hard. Simply because processes are operate in parallel with scrypt instead of serially with SHA-256, so that as some sort of result, scrypt needs more memory. 1 of the advantages of making use of scrypt is having a network that is more accessible and democratized. For you to be competitive, miners can attain even more memory instead connected with having to get specialized application-specific integrated circuits (ASICs) while is the case together with Bitcoin. This means of which in theory, usual folks can become miners using Litecoin, whereas concentrated gold mining pools / ASIC vegetation already dominate the Bitcoin mining. Transaction fees: Transactions on Litecoin are considerably cheaper than Bitcoin. Since September 24, 2018, the typical transaction fee for Bitcoin was $0. 434 vs . $0. 0483 for Litecoin, making Bitcoin 9 periods more costly. At typically the top on December twenty-two, 2017, average daily Bitcoin financial transaction fees surpassed $55 while Litecoin fees were being only $0. 931. Full speed: Litecoin is designed in order to be 4x faster when compared with Bitcoin as average mass confirmation times are 2 . 5 minutes, instead of 10 minutes. Supply: Litecoin has some sort of entire source of 84 million money, compared with 21 zillion gold coins for Bitcoin. Synopsis stand comparing Bitcoin in addition to Litecoin: Key Features Proof-of-work: Litecoin uses proof-of-work, which often is a good consensus device that relies on a good difficult computational activity to secure the network through malicious celebrities. Miners be competitive to fix the task the particular fastest and happen to be rewarded accordingly. (For litecoin core version 0.16.3 , see our own document �What is Evidence of Work? �) Scrypt: Because outlined above, Litecoin makes use of often the scrypt hashing algorithm. Divided Witness (SegWit): SegWit improved the block size limitation of Litecoin via you MB to five MEGABYTES by way of removing signature bank info (i. e. the particular �segregated� part) a business deal although making sure the purchase can be still safe and safeguarded (i. electronic. the �witness� part). SegWit allows to get increased transaction outcome together with helps other attributes in addition to purposes, such as the Lightning Network, MAST, Confidential Transactions, and Schnorr Autographs, for being implemented. Key Milestones Litecoin is an wide open source project in addition to it has the source code can be viewed below: https://github.com/litecoin-project/litecoin August year 2011: Litecoin was officially introduced upon GitHub and the network goes live shortly soon after. November 2013: Litecoin arrived at an industry cap of $1 billion initially. December 2013: Litecoin v0. 8. a few. 1 premiered. This had been the significant release along with the number of improvements, which includes popular wallet attributes like Coin Control, speedier affirmation, faster propagation, and so forth Economy is shown 2014: Litecoin pocket book for Android was officially unveiled. April 2014: Typically the beta of Electrum, the Litecoin wallet, was launched. 06 2015: Litecoin v0. 15. 2. 2 has been published and represented the particular official discharge version regarding Litecoin Core. This had been a significant launching, and even was the technical equivalent involving Bitcoin v0. 10. second . Major changes include watch-only wallet support, more rapidly blockchain synchronization, improved signing safety, new utility software, etc . January 2017: Litecoin Central v0. 13. two premiered, a major let go with a amount of method level improvements, computer code optimizations, the ability to move out many soft forks at once, and so forth Segwit was activated upon testnet. May 2017: Litecoin stimulated SegWit and completed this first payment transaction for the Lightning Network with often the exchange executed in under one 2nd. August 2017: Litecoin Core v0. fourteen. 2 was launched. This has been a new major version release with new features, a variety of bug fixes, and several functionality improvements (e. g. quicker sync and first block download times). May possibly 2018: Litecoin Core v0. 16. 0 was launched, some sort of major release that presented full support regarding segwit in its wallet and user interfaces. To get more details and to get potential technical updates, you need to check out Litecoin�s official blog at https://blog.litecoin.org. Down load the Free Guidelines regarding Crushing ICOs! This can be the guideline that help myself find the most promising ICOs! CLICK HERE TO FIND THE FREE TUTORIAL > > Future Advancement Right away the activation of SegWit, Charlie Lee got discussed adding features such because Lightning Network, MAST, Private Orders, and Schnorr Signatures, yet , no roadmap has got been given yet. Inside fact, all the offered upgrades are features from other blockchain and not special to be able to Litecoin. Most connected with the upgrades may also be as developed on Bitcoin since well. In litecoin qt version 0.13.3 , Charlie Even offers displayed his metrics connected with accomplishment for Litecoin: (1) network security, (2) market capitalization, (3) exchange liquidity, (4) merchant support, and even (5) currency usage. Thus, we expect the future innovations will focus on improving these types of metrics. Symbol Economics Litecoin currently provides a block incentive of 25 LTC each block. Halving occurs any 840, 500 blocks (approximately each 4 years) centered on a obstruct moment of 2. 5 minutes therefore, the block reward will be supposed to drop to doze. your five LTC in all-around September 2019. The spread out offer is presently fifty eight, 544, 952 (as of August 1, 2018); this particular determine will progressively boost into the total supply connected with 84 thousand LTC sometime in the mid-2100s soon after which no new money will be minted. Workforce The particular Litecoin Foundation is a non-profit organization that will supports the development of Litecoin. This is comprised of four persons on the Panel regarding Directors (see below) since well as various other company directors, programmers and volunteers. Typically the Litecoin Foundation works together with the Litecoin Core development team, which usually contains coders behind often the Litecoin task, and provides these individuals economical support. The biographies involving the key people in back of Litecoin are all in all listed below: Charlie Lee, Founder associated with Litecoin, and Handling Movie director of the Litecoin Basic foundation � He was recently the Representative of Architectural at Coinbase where he / she worked for five yrs. Before that, he or she performed at Google with regard to a few years as the Software Engineer on quite a few jobs including YouTube Mobile, Stainless OS and Google Play Games. Prior positions include Senior citizen Software Engineer at Guidewire Software and Software Electrical engineer at Kana Communications. He or she obtained his Master�s education in Personal computer Science through M. I actually. T. in 2000. Xinxi Wang, Litecoin Foundation Overseer � Xinyi Wang was one connected with the Beginning Member regarding the Litecoin Groundwork and is one of this developers behind Litecoin Core. He is also this Founder and BOSS involving Coinut Exchange, a new Singapore-based cryptocurrency trading platform that has been established in December 2013. This individual obtained his Bachelor�s degree in Computer Technology from the Harbin Institute regarding Technology in 2009 and even his Ph. N. inside of Computer Science from the Country wide University of Singapore in 2014. Franklyn Richards, Litecoin Foundation Director ~ Franklyn Richards was one of the Founding People of the Litecoin Foundation and currently works Litecoin. com. He is usually the COO of Zulu Republic, a new blockchain startup company that aims to create the ecosystem of digital platforms built for the Ethereum blockchain. Zing Dalam, Litecoin Base Director ~ Zing Dalam has been a new Home of the Litecoin Basis since May 2018 in addition to was previously from BlockAsset Undertakings, a blockchain-focused VC firm, from January for you to May possibly 2018. Prior jobs contain Associate Overseer associated with Assets at Temasek and even Representative and Co-Founder associated with Greenergy Global with Biomax Technologies. She attained the Bachelor�s degree in Enterprise Administration from your Singapore Management University around 2007. litecoin core version 0.14.2 � Having started out this year, Litecoin is among the oldest and most mature blockchain assignments and contains built some sort of large neighborhood. Looking with this number of customers about the respective subreddits, Litecoin�s community is only right behind Bitcoin and Ethereum. Litecoin can make good progress at terms of merchant re-homing with point associated with selling, merchant settlement gateways in addition to banking services via Coingate, Coinpayments, Coinify, Coinbase Trade, Gocoin, Paybear, and so forth Thanks to its similarity along with Bitcoin with the main program code being essentially often the same, Litecoin could likely piggyback from r and d discoveries achieved by the Bitcoin community. Weaknesses Because the idea is a fork regarding Bitcoin, Litecoin does not necessarily need unique and/or superior capabilities compared to various other blockchains. Many consider Litecoin as a test out networking of Bitcoin in addition to for that reason, a lot of improvements signing up to Litecoin will also be implemented inside Bitcoin as well (SegWit is an example). When this might add more features to Litecoin the fact that that otherwise will not appreciate, it likewise makes the idea less most likely to have superior attributes exclusive only to Litecoin, making this difficult for you to standout. As a retail store of value, Litecoin declines at the rear of Bitcoin significantly throughout terms of business deal volume level and brand popularity, without having any major differentiating features. As some sort of medium of exchange, Litecoin had a great benefits against Bitcoin throughout the early years mainly because it has faster confirmation time, yet the newer technology blockchains are even faster. The benefit Litecoin has versus the modern blockchains will be in merchant usage. Coating 2 solutions are created which arguably is much better intended for small purchases as a result of personal privacy and speed. Super Market, which was launched previously in 2018, already provides over 3, 600 nodes. Should it become prosperous, paying together with Litecoin is usually even much less compelling. Litecoin is backed with the Litecoin Foundation which does certainly not have a lot of resources (see their best and newest fiscal statements: https://litecoin-foundation.org/2018/07/unaudited-financial-statements-2018-05. Realization Entire Rating: B We have now a neutral view on Litecoin because although Litecoin likes a large community holding up typically the coin, there is usually no technical capabilities special to it. Along with dependable coins and level 3 solutions becoming more together with more well-known, Litecoin�s benefits proposition as being a sound channel of trade diminishes. When Litecoin works in changing certain attributes, those capabilities will be copied for you to Bitcoin soon, the same as just how SegWit was completed. When the upgrade falls flat, then it would in a wrong way impact typically the cryptocurrency. Therefore, going ahead, many of us consider Litecoin would likely not have any major unique advantages that may differentiate itself from all other cryptocurrencies.
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chappell11enemark-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. Golem (GNT) Wallet are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. Golem (GNT) Wallet is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. Golem (GNT) Wallet and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members
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Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In Golem (GNT) Wallet coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
bruusday6-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. Crypto Golem Wallet can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. Win Golem Wallet Download was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment.
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Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. GNT Wallet Windows with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. GNT Golem Wallet Download When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
mosegaard91dillard-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising.
Tumblr media
And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With GNT Golem Wallet Download of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. Golem GNT Wallet download and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. Golem Wallet Windows Download have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In Win Golem Wallet Download coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
bloomtopp0-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. Golem (GNT) Wallet are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were Golem (GNT) Wallet that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. Golem (GNT) Wallet could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption.
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Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
urquhartgoodman56-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network.
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GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. Golem (GNT) Wallet have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. Golem (GNT) Wallet do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
conradchurchill28-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Golem Wallet 0.12.0 : Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer.
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The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once Golem Wallet Download have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. Golem Wallet 0.17.0 to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
normanpotter0-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With Golem Wallet 0.17.1 occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each.
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Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In Golem Wallet Download coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. Golem Wallet Download would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
drachmann42murray-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. Golem Wallet could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. Golem Wallet 0.18.0 are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Golem Wallet Download at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap
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Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
dixonosman52-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. Golem Wallet Download found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With Golem Wallet Download of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If Golem Wallet Download can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption.
Tumblr media
With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
1 note · View note
stricklandlindgren7-blog · 6 years ago
Text
Bytom Wallet
What is Bytom? Bytom is a cryptocurrency that takes a unique triple-layer approach to blockchain distributed apps. Data deals arise in one layer, diffusion upon another, and the third is called the resource connection layer. The cryptocurrency could create a faster, more secure obligations system, and even has potential when it comes to Huge Data too. Release to help Bytom BTM Bitcoin is a single layer cryptocurrency, and Ethereum is a new dual-layer blockchain that offers intelligent contracts and dApps into the mix. Chinese blockchain Bytom usually takes things a phase further using a triple-layer strategy. Data deals occur on one layer, transmissions in another, and the 3 rd is called the asset connection layer. Bytom is certainly an active protocol connected with multiple byte assets, to be able to give it typically the appropriate title. And, while Ethereum�s SEC scrutinization since a good possible security needed the entire crypto market on a downturn in early 2018, Bytom voluntarily submitted for you to the SEC�s Howey Try out and Bytom cryptocurrency had been deemed not a safety under its DAO view. As digital assets get, this one has potential to make an impact on typically the cryptocurrency market together with small purchase fees, high tech Bytom blockchain technologies and an interactive standard protocol of a variety of byte resources that could mark this apart. A new Bytom finances is in addition being offered in addition to can store plenty much more than Bytom coins. Rapid Accomplishment For Bytom Cryptocurrency This is a lot for a blockchain mainnet that merely barely introduced April 24, 2018. Much of it is good results can be linked to help its association with famous Shanghai-based crypto-exchange community forum 8BTC, whose founder Alter Jia partnered with Bytom president Duan Xinxing inside April 2018. Bytom provides a long road ahead of this, but it�s plowing through full steam ahead. It is very also working on a good one-stop big-data shop intended for government organizations and enterprises in The far east that may possibly put American details control giant Iron Huge batch to be able to shame. The managing regarding digital resources could simply attract state supporting, as China is keen to be able to embrace the blockchain at the same time that stamps down on cryptocurrency trading. Chinese excellent cannot buy Bytom and make investments in the blockchain technology which may change the particular nation. Before going over this intricacies of Bytom�s blockchain technology, let�s glance on the BTM lieu plus its performance in the particular market the market hat and every day trading quantity. Is the Bytom coin worth buying? Breakdown involving BTM Bytom includes a market cap of $673, 373, 841 as of Could 22, 2018, based upon a circulating supply of 987, 000, 000 Bytom BTM (out of the total availability of 1, 407, 000, 000) and a exchange charge of $0. 682243. Although that do spike with the crypto advertise in The month of january 2018, the idea hit its all-time great of $1. 13 regarding Bytom coins the morning past experiences to its launch date four months later. This makes BTM cryptocurrency a rarity among cryptos in the fact that the idea peaked outside Bitcoin and even Ethereum�s wake in addition to may have got even brought to the Could move after two months of dipping prices industry-wide. Still strong projects like Ripple and Litecoin typically stick to Bitcoin and Ethereum in the market, so BTM is useful for standing alone. Could Bytom cryptocurrency form a secure location if the industry changes? Keep watching typically the cryptocurrency news and the particular market cap for often the answer. The cryptocurrency industry is a fickle area, but spotting trends similar to this can create serious revenue with time. Bytom coins can be an alternative regarding rainy days. Get Bytom, Don�t Try And Quarry It BTM can be mined up to often the maximum supply (approximately thirty-three percent), and Bitmain introduced the $27, 000 Antminer B3 (780Hz) ASIC exploration rig for BTM about May 1, 2018. This means it will be all but impossible for everyone devoid of that upfront investment in order to mine. Bytom Wallet -mining solution is offered by Antpool, some sort of Bitmain subsidiary accused involving synthetically boosting the value of Bitcoin Money in Q2 2018. Many well-known cryptocurrency exchanges support Bytom cryptocurrency, including Huobi, Etherdelta, together with KuCoin. Approximately fifty dollars million worth of BTM will be traded on a good daily basis. To support it has the community, Bytom airdropped just about any BTM it mined in the course of its opening weekend. Additionally, it promises the bounty process to reward participation inside Bytom ecosystem. Up right until the standard mainnet launch, Bytom BTM existed only as an ERC-20 token on the Ethereum blockchain. The particular testnet will remain upwards alongside the mainnet so as to test new updates without having compromising the live environment. Bytom Wallet has both a desktop and web-based pocket book, and a good mobile finances is expected in typically the near future. Right behind often the Tensority Criteria Bytom flower to importance in the U. S. (and global) blockchain area in Apr 2018 after debuting it is Tensority formula at an sector seminar at M. I actually. To. This consensus algorithm uses edge computing to be able to allow integration with AJE deep learning and cloud computing, Tensority is a new Proof-of-Work algorithm based about tensor computation, and it may be one of the a lot more technical blockchain projects in the market. Working with 3 layers, Tensority, plus common address format, Bytom is usually competent of interoperability with any other platform, blockchain or maybe not. Of study course, interoperability in itself will be swiftly growing to be the regular for new blockchains. Ontology, for example, supports sidechains, and Plasma brings this specific efficiency to Ethereum. However, most of these platforms only assist the data standards which often are rapidly being exchanged as AI-powered professional recommendation applications become the norm. Within fact, Bytom�s formula works with ASIC mining rigs so well because it�s built intended for AJAI components acceleration sites. Furthermore, like Bitcoin�s Seperated Experience, Bytom separates transaction validations from the remainder of the data to help streamline processing. The Bytom UTXO model verifies purchases in parallel to avoid double-spends and other tricks. It in addition uses ESCDA encryption together with SHA256 hashing. Using these technological innovation, Bytom built a modern blockchain that can support anything our combined computing energy can throw at the idea now as well as in this future. Bytom Overview Historical past has shown one of the most technologically-advanced project doesn�t generally win (i. e. Tesla sixth v Edison, VHS versus Beta), yet Bytom�s consentrate on state-of-the-art technologies like artificial thinking ability may prove to possibly be some sort of boon in the particular blockchain biceps race. Typically the asset administration and progress of the blockchain podium will make or bust Bytom in the conclusion. The project�s success will depend on appealing to assets straight into its ecosystem, together with it is very poised to do as a result by means of flaunting the following advantages over competitors. Bytom is a tri-layer blockchain that separates every single part of traditional blockchain design and style. It also supports cross-chain function and can assist another cryptocurrency. The BTM coin�s peak value had been with April 23, 2018, months after the relaxation of the sector experienced its peak. It�s a good rare coin that went up by on their own of the cryptocurrency market, consequently keep a great eye on what this does during downturns. Of which may be Bytom Wallet to buy Bytom. Bytom is partnered along with 8BTC, Bitmain, and additional prominent players in the blockchain industry. Bytom has often the great thing of the SEC, the support of this Chinese government, which is developing a electronic digital asset storage center in central Cina. IT storage area spending features steadily risen since 2013 and is expected to continue by means of 2020. It is currently some sort of $50 thousand global market, and Bytom is intending to not really only take a peel of this pie but develop the industry beyond initial analyst expectations. This specific blockchain job is in this article to stay.
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mckinneydrew50-blog · 6 years ago
Text
Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT. What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Wallet Download of Golem. Source: Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. These are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Wallet 0.16.2 Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Golem Wallet Download at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT.
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The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. The downside to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
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malling00acevedo-blog · 6 years ago
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Golem (GNT) Wallet
Those that have been involved with cryptocurrencies for some time have probably heard of the Golem (GNT) project before, because it was a very popular ICO a couple years ago. At that time it was quite promising looking, but then missed deadlines and new projects sent it into the shadows, where it remained until just recently. When the Golem team finally released its beta main net launch this past April the light shone on the project again. Investors recalled the early promise of Golem and had another look. They found that it still looks quite promising. And with that in mind it seems appropriate to have another look at the Golem project and the prospects for it and its native coin, the Golem GNT.
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What is Golem? The Golem project is focused on creating a global supercomputer that will offer purchasable computing power through a global decentralized, distributed network of computers. It also allows those with spare computing power to make some GNT tokens by offering their idle CPU to the network. Golem Overview Overview of Golem. Golem Wallet 0.16.0 : Golem Website The first stage of the service is being called Brass Golem, and this is what was launched this past April. It has a specific focus on CGI rendering, specifically for the 3D modeling application Blender and the rendering engine LuxRenderer. The team feels this is a good first offering as 3D rendering is extremely processing-intensive and can be quite costly. As an example, let’s say you’re an animator and have created a scene in Blender that you’d like to render in full HD-resolution. You could do the rendering on your own computer, but depending on how powerful your processer is that could take days or even weeks. It’s not likely anyone wants to wait that long to render a scene. There are other options if you want it rendered more quickly. One option would be to outsource the rendering to a rendering farm. Golem Wallet 0.17.0 are dedicated services that offer to rapidly render 3D animation and other modeling. They are also very expensive. And they can be fully booked at times, meaning there’s still a delay in how long it takes to have your scene rendered. Golem Technology The new alternative is the one offered by Golem. You can use their software and the GNT token to rent the processing power of the users on the Golem network. And you can specify how quickly you’d like the rendering done, or how many subtasks you’re willing to accept. You can then set the price you’re willing to pay in GNT tokens on an hourly basis. For slow renders you can set a lower rate, but if you need your render done quickly a higher rate will accomplish that. This is great for animators who need fast, inexpensive rendering. It’s also great for anyone who has spare computing power – and that’s pretty much anyone who has an idle computer in their home. The Golem network allows you to sell your spare computing power and get paid in GNT tokens. With the launch of the Brass Golem beta the Blender renders are the only real-life application available, but that will change in the future as the Golem team has plans for many other real-life applications. Pretty much any task that uses significant processing power can be improved through the use of the Golem distributed network. Golem Rendering Application Screenshot of Golem Application. Source: Golem Whitepaper One example is machine learning, where it’s often necessary to run a system through millions of iterations as it teaches itself a new task. Golem is already planning on adding this as a use-case. Other applications that could be targeted include other 3D rendering support, scientific computing, artificial intelligence applications, DNA sequencing and others. Golem GNT Token Computing power is bought and sold on the Golem network using its native GNT token. The GNT is an ERC-20 token that is tied to the Ethereum blockchain. The team decided to use a blockchain token for its system to make it trustless. With the GNT transactions occurring on the blockchain there’s no worries about failure to pay or a breach of contract. And the actual file transfers and rendering occurs off the blockchain, so there’s no need to worry about the throughput of the network. GNT was pre-mined and there are a total of 1 billion GNT in existence, but just 959,242,000 in circulation. The token was sold in an ICO that took place on November 9, 2016. The ICO raised roughly $8 million and tokens were sold at $0.01 each. Binance GNT Register at Binance and Buy GNT Tokens As of September 11, 2018 the GNT token is trading at $0.1292, which is a good return over a 22 month span. The token hit an all-time high of $1.16 on January 2, 2018 but has fallen throughout 2018 as the overall crypto markets have experienced broad based weakness. The GNT token is trading on many different exchanges, with the largest volume trading on Bithumb. There’s also a good amount of volume on Bittrex, OKex, Binance and the Huobi Exchange. It is worth pointing out that the Golem team has no intention to boost the value of the token. Their intent is simply to use the GNT as a payment means on the Golem network, and they have no partnerships with exchanges or any plans to market the token as a speculative investment. Once you have your Golem tokens you will want to move them off of the exchange into a cryptocurrrency wallet. Keeping a large holding of crypto on an exchange is not a wise move given the numerous risks that are posed by the likes of hackers etc. We have covered a list of some of the top Golem wallets where you can store your GNT. The Golem Team Golem’s development and management team is based in Poland. The founder and CEO of Golem is Julian Zawistowski, who was an economics and international politics student at the Warsaw School of Economics, graduating with a Master of Arts degree in the field of economics. In addition to Golem, he was also the founder of a company called Imapp which provided programming and analytics for businesses. Golem Team Members Golem Team Members Celebrating MainNet Launch. Source: Golem Blog The rest of the team consists of roughly 2 dozen individuals who previously worked with Zawistowski at Imapp. Most of the developers and software engineers are computer science majors from Polish universities. Overall the team is solid, but there are no blockchain rockstars working on the Golem project. They have missed deadlines in the past, but as proven by the main net release of Brass Golem they eventually get the job done. GNT Price Forecast Remember that the Golem team has no desire to have the GNT used as a speculative investment token. There were claims that the token was overvalued in the past, but after the 2018 selloff in cryptocurrencies that’s really no longer the case. The GNT should have room to grow from current levels, but with only one use case I wouldn’t expect a huge amount of growth. If the team can add more use cases, or even better create a platform that’s much easier to use than the current Golem network setup we could see huge upside for the token. Currently it’s simply too technical and complex to get a node up and running and to purchase rendering time. The Golem team needs to make this far easier for non-technical people to gain mass adoption. With that said, even the rendering market is big, and with additional use cases added the processor usage market is immense. Consider the billions in profits being made by the likes of Amazon, Google and Microsoft with their cloud businesses. We could see slow steady growth for GNT until a major use case is added or a simple platform is unveiled. Golem Adoption Timeline As you might have guessed by the description of the project it’s sweeping in scale, and can be expected to take quite some time to reach a level of fairly widespread adoption in the 3D rendering industry. It could take even longer for Golem to be able to tackle other use cases and industries, but the team has already been working on the project since 2014 and is optimistic for its future development and adoption. Golem Roadmap Golem Roadmap with Go-to-Market Strategy for each stage. Source: Golem Whitepaper The April release of the Brass Golem beta main net came almost a year later than initially planned, but it has proven to be a solid platform so far. It is specifically for CGI rendering, but the team expects to have a completed product released sometime in 2020, and has also indicated smaller more specific use cases could be added to the platform between now and then. You can see the masterplan of the team here to get an idea of where the project is headed. Conclusion When you think about the potential of a global supercomputer you can see what a cool project Golem is. If you imagine out decades into the future it can begin to seem like science fiction, with all the world’s computers forming an interconnected network capable of processing power we can only dream of today. Of course Golem is only in its infancy now, but in the coming 4 or 5 years they could conceivably already have millions of computers all contributing processing power to complete massive tasks quickly and seemingly effortlessly. Golem Wallet 0.19.0 to Golem right now is the lack of marketing from the development team, and the slow pace at which they seem to be working. Fortunately for them there is no other project that is close to what they’re doing, but the slow pace could end up being their downfall if a strong competitor arises. They do have a strong community following them however, with a lot of attention on Reddit following their main net launch, and nearly 150k Twitter followers. In the coming months it would be great to see the team expand from its base in Poland and add some global team members, as well as creating some strong partnerships. It would also be great to see the pace of development increase, but I suppose that’s true for most blockchain projects.
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