where the mining pool ?
There is no mining pool. There are 1,000,000,000 GNT in existence and already distributed to the team & the crowdfunding participants. There will never be any more GNT made.
|
|
|
It seems like the dev still needs a lot of money to develop the project at least based on the super computer and it will cost a lot. I waiting for the dev's blog. I hope there is a transparency to be responsibilities for all of the money. We're withdrawing because we need a fiat balance. We're not spending every dollar we're taking out of the ETH wallet. Just converting it.
|
|
|
Very good project. When will it arrive bittrex or polo .
Just hit Polo
|
|
|
No chance, pascalcoin pumped before polo was quite cheap, the the market cap was tiny, while golem has huge market cap over than 20 M usd. agree. people here i think do not even know such thing as total cap. GNT can go to 5k satoshi but total cap should go 2x too. And do not be so optimistic. It will be pump but only after release and during polo listing(if it will be). But before it we will have a nice dump to 2k sat again. So, i have sell my gnt already and will buy it cheaper, near 2k. There is always room to grow even if market cap is already 20m+. If there is good adoption and support then it can be 50m+ like other altcoins in higher position than it at the moment. How much was raised in ICO? Almost 800k ETH in ICO, people panic bought all the ICO tokens within 1 hour, one of the most successful ICO in 2016. Fantastic crowdfunding. Why thank you ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) To be more specific, we raised 820k ETH (worth ~$8.6M USD at the time) in 29 minutes. Hope you realize what this means of the expectations of this project. Yup. Believe me, even if our crowdfunding supporters didn't have a lot of expectation on us... most of us have significant GNT investments + we wanna become rich by making one of humanities coolest technologies into a reality. We're pretty damn dedicated.
|
|
|
No chance, pascalcoin pumped before polo was quite cheap, the the market cap was tiny, while golem has huge market cap over than 20 M usd. agree. people here i think do not even know such thing as total cap. GNT can go to 5k satoshi but total cap should go 2x too. And do not be so optimistic. It will be pump but only after release and during polo listing(if it will be). But before it we will have a nice dump to 2k sat again. So, i have sell my gnt already and will buy it cheaper, near 2k. There is always room to grow even if market cap is already 20m+. If there is good adoption and support then it can be 50m+ like other altcoins in higher position than it at the moment. How much was raised in ICO? Almost 800k ETH in ICO, people panic bought all the ICO tokens within 1 hour, one of the most successful ICO in 2016. Fantastic crowdfunding. Why thank you ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) To be more specific, we raised 820k ETH (worth ~$8.6M USD at the time) in 29 minutes.
|
|
|
I still believe in GNT but now is not a good entry point. Probably two months before launch or after btc correction.
When Golem Network will launch? Slated for May
|
|
|
If this is just listed on some other exchange besides that chinese exchange and liqui, i would have invested to this coin for long term. But I'd rather avoid it for now. maybe once its going to be on polo or bittrex or maybe on Yobit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) the last exchange i mention is a lot better to me. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This makes no sense....If you are interested in the long term, buy now before it hits big exchanges and rockets.... Agreed it is a long term project, but the team should communicate more with the investors to instill confidence in them. Lack of information is affecting the project It will last the time period that is identical to ethereum lifespan. Should money migrate from the forked chain to ETC chain, this will cause deterioration of the infrastructure built around ethereum, leading to a subsequent collapse of apptokens, including golem. Actually, if ETH were to fail, Golem is able to port over to another cryptocurrency (ETC or something else) as the transaction layer. Would take a lot of recoding, but it wouldn't be the collapse of Golem or GNT.
|
|
|
Yes. The communication of team and investors must not only be limited to slack. They should be considering the investors who are more used to reading updates here in the forum as they were here since the project started.
I hate slack because they will see our email addresses and i think they should respect privacy as we did when t hey first get in here in the forum.
Well, you can always sign up to our email list on golem.network. Every major update is shared with the email list.
|
|
|
IOU? Liqui is famous for IOU trading actually, we don't see it on bittrex, so is the token tradable now? Or still only IOU phase? No no, it's not IOU trading. The GNT coins are out there. But their use-platform (the Golem network) isn't live yet.
|
|
|
If this is just listed on some other exchange besides that chinese exchange and liqui, i would have invested to this coin for long term. But I'd rather avoid it for now. maybe once its going to be on polo or bittrex or maybe on Yobit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) the last exchange i mention is a lot better to me. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This makes no sense....If you are interested in the long term, buy now before it hits big exchanges and rockets.... Agreed it is a long term project, but the team should communicate more with the investors to instill confidence in them. Lack of information is affecting the project They are working hard. We have monthly updates now, blog, twittr, slack. Golem is not pump-project full of attention, buzz and cheap-PR coming from devs, it's more like very serious project with very small buzz because they want Golem to have vallue by itself, by realisation of project not by pure speculation. But anyway we see more information soon, Golme Brass is closer each day. They hired new coders look at last update). THANK you, for pointing this out.
|
|
|
From the FAQ page: There will be different methods depending on the task type. User who adds a new task can implement a new verification method that suits for this new problem. Possible solution may involve:
- simple correctness checking of the result, eg. proof-of-work, - redundant computation, ie. few providers compute same part of the task and their results are compared, - computing small, random part of the task and comparing this part with result send by provider, ie. comparing color of few random pixels in rendered picture, - analysis of output logs.
- redundant computation - isn't it just pure waste of energy to compute the same thing few times? Also: - how many times the computation should be performed? - who will be paid in this scenario: all providers equally, first/last provider, other...? - after comparison is performed, how is the correct result determined, ie. which result is assumed correct? - comparing color of few random pixels in rendered picture - If a small part is OK, then you're going to assume that the whole image is correct? come one, it's a joke right ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ? What will stop malicious users from sending garbage data after that first sample is assumed to be correct? -analysis of output logs - what is this one actually, what logs are you going to analyze? The short answer is that we haven't figured it out. Deciding the best route for verification is part of what building Brass Golem and then Clay Golem will entail.
|
|
|
Hi, read that BOINC is your inspriations. What different between BOINC? Why Golem will be better?
Yeah, BOINC was definitely a big inspiration for Golem. Difference is, BOINC is free. There's no incentive for people to add their computing power to the BOINC network except a desire to help science. Which means that BOINC will never be used for anything but sciences, and even in that it will not be very powerful compared to the potential power of a global computation network. Golem creates a sharing economy for computing power, thereby supplying incentive to add your computer to the network. Network will grow to a much larger size and can be used in a much wider variety of purposes.
|
|
|
What makes the difference between the elastic project and golem project? Both describe supercomputer as a project of basic objective of project
In short, the first one is crap and struggles from the greatest disease all the other alts are exposed to: limited utility and lack of funding. Golem is a long term play that puts ethereum blockchain to good use. Some describe the elastic computer as a calculator, a simple computer. It is sad that project does not show any relevance and project in the latest time. The issue of donation during an ICO can be worrying when the idea and people behind it is whack, No company behind and they don't seem to care if any support is given or form of transparency is revealed. I just hope Golem will learn previous mistakes and endeavor to get the best out of the project We're definitely trying to make sure we learn from the mistakes of past projects that walked an alike path. Any lessons in particular that you'd like to point out?
|
|
|
I really am getting sick of these so-called "white papers" that don't describe any of the technical details of how the system actually solves its stated problem. If Bitcoin had of been written this way it would have been ignored by just about everyone but I'll give you the benefit of the doubt here and assume you've thought this through.
So my question is: how do you ensure the results from the outsourced computations will be correct? This is not explained any where in the paper and its the most important part of this idea. I mean: its not like people haven't had the idea to do this before. I myself have and researchers have used these clusters before for years for lengthy problems.
I know you mentioned Filecoin in your paper but the reason why we can so easily do decentralized cloud storage compared to decentralized computation is because the trust problem of proving that a node is still storing content (and proving that retrieved content is what we originally stored) is all easily solved by basic cryptography. But with outsourced computation there are no simple ways to validate the results are correct without wasting as many cycles or more than the original computation.
Am I to assume that this network is going to be based on a reputation system? I suppose you could also outsource the same computations to multiple nodes and choose the majority consensus but I'm not sure if the economics will work in your favor since having to pay to repeat a computation multiple times may work out to be more costly than just firing up an Amazon cluster.
You also can't rely on a pseudo-anonymous reputation system instead since this could poison the work for an entire computation and there would be no easy way to detect it (outsourcing random problems won't be enough since someone giving out faulty work can just selectively alter random results which is a similar problem that online market places face.)
How do you solve these problems? Or do you envision a reputation system will be enough?
Edit: This didn't occur to me before but if you were to focus exclusively on distributed computations for graphics rendering it would be easy to see which chunks of information weren't rendered correctly so you could outsource it to another node. But the problems I listed still apply to general purpose computation.
From the FAQ page: There will be different methods depending on the task type. User who adds a new task can implement a new verification method that suits for this new problem. Possible solution may involve: - simple correctness checking of the result, eg. proof-of-work, - redundant computation, ie. few providers compute same part of the task and their results are compared, - computing small, random part of the task and comparing this part with result send by provider, ie. comparing color of few random pixels in rendered picture, - analysis of output logs.
|
|
|
it is not very polite to use ugly words, he can tell the same in other words but... I think he is right. devs just lie to investors and made unpleasant things. next time if i see julian in a dev list i will never invest my money to such project, even if it will have a really great idea. Only because of Julian. He descredited himself, good by good name.
Explain exactly what the Golem team and/or Julian lied about. shortly speaking - they would speak with exchanges about listining only after 6 month, when devs gnt will be unlocked. So, to clarify, what's you're saying is that Golem is a scam because they are working on building Golem instead of trying to get exchanges to list GNT (which they can do on their own with no involvement from us). Would you honestly advise we take time away from working on building the technology we raised 820,000 ETH to build and instead work on the nearly valueless project of getting GNT listed on exchanges? How does GNT getting listed actually benefit Golem or those who want to use it? It benefits short-term crypto-traders.... but that is not who we are here to benefit. I think you are under the impression that it is one of our priorities to help people make money off trading GNT. This is not the case.
|
|
|
it is not very polite to use ugly words, he can tell the same in other words but... I think he is right. devs just lie to investors and made unpleasant things. next time if i see julian in a dev list i will never invest my money to such project, even if it will have a really great idea. Only because of Julian. He descredited himself, good by good name.
Explain exactly what the Golem team and/or Julian lied about.
|
|
|
So in 6 months Golem will not listed other exchanges? This will be an epic dump.
it depends on Julian greed. but looks like yes. he will connect with exchanges ONLy in 6 month, when his GNT will be unlock. it is very unpleasant attitude to people, who invested in golem. And dont forget - there at slack moderators banned people, who told not very good but truthful words about golem and julian. For example i was kicked from slack two days ago and my message was deleted, when i told about this situation. You know, there will be some phases of golemproject. so now we have the first one - "Greedy Golem." Hope that devs can show the opposite attitude to us and will promote gnt exchange listining. Maybe we are wrong, Julian? (sarcasm). What was your username on Slack? I manage the mod team, so if you were banned there should be a good reason (attacking people after being warned not to, spamming, etc.). Otherwise I'll bring you back in and talk to the mod that banned you. As for exchanges, what we're focused on right now is building Golem. Exchanges can add GNT or not, up to them. It is not important to us whether or not they do, nor to the Golem project.
|
|
|
Kinda weird when bittrex want to add it but got no words from the dev.
Where did they say they wanted to add?
|
|
|
|