[ANN][GNT] Golem Project - The world’s most powerful supercomputer

[tommy163]

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.

Elastic is a copy of golem, copy concept, idea and so forth, they fork from nxt, not new.

[ImI]

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.

Elastic is a copy of golem, copy concept, idea and so forth, they fork from nxt, not new.

lol.

no reason to talk rubbish about other projects just cause you like / are invested in another one. the idea isnt something Golem came up with, its basically beng talked about since YEARS now. especially since ethereum brought the idea of the "world computer".

elastic is building upon the NXT code yes, but thats no disadvantage in any way as the NXT code is seen as safe and reliable.

elastic is solving the task from another angle and in many ways they are ahead. as Golem stated in a blog post some months ago for instance Golem plans very very longterm to deliver an own programming language that will be used to submit work to the network. until then only predefined work-packages can be used, which is obv much less capable than a special programing language.

With Elastic-PL the Elastic project developed exactly that, an own language, that makes it possible to submit all kinds of work to the network.

Golem has its advantages too obv. Its a big team of skilled developers, they have done an excellent marketing so far and used synergies with the Ethereum network and last but not least they have been funded with a very good amount of ETHs.

So just quit that silly hostility between different projects that work in the same field, eventually they can even help each other. If not from a developing point of view then maybe they both raise awareness of each other in the broader crypto and investment field.

[Raxitto]

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.

Exactly, golem is great because it is based on ethereum platform, golem will success.

where have u been? the Ethereum Platform is far away from great like we saw the last couple months....
in need to a lot more improving.... or what we are getting use to, a couple more Forkis

[HCLivess]

That Python code reminds me of C code But good job, nice to see people actually coding

[Razaberry]

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.

[Razaberry]

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 ? 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.

[johny08]

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.

Exactly, golem is great because it is based on ethereum platform, golem will success.

cynic thoughts....

[Raxitto]

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.

Exactly, golem is great because it is based on ethereum platform, golem will success.

cynic thoughts....

cynic?! why are u being so nice?!!

[marcus1986]

Where can I buy Golem? Any exchange?

[Calabi–Yau Manifold]

Where can I buy Golem? Any exchange?

https://liqui.io/#/exchange/GNT_BTC

or for ETH by sending ETH at one of those addresses: https://cryptoderivatives.market/

[rgornik]

The price of Golem is still above ICO price.

at the time of ICO sale

1 ETH=0.015 btc

1ETH=1000GNT=1500sat

Current price at liqui is 1600 sat..

So its still a good price for Golem

How much was that ICO price in $ at a time?

[ttookk]

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 progress 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

Erm… did you read the XEL thread? XEL is actually really close to going mainnet. Unless some giant problems appear, we are talking about a few months, tops.

Apart from that, Elastic and Golem have totally different approaches and probably not even the same targeted users group, so I don't see what the hate is all about…?

[wings.ai]

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.

actually doesnt that Folding Coin reward people for Boinc?  and there was some other one as well Gridcoin.  Perhaps my memory is a bit rusty though.

[bitcoinsforall]

I am looking for price to go down more..so that i can buy more...
This is a long term project but a successful one

[globalbtc21]

The price of Golem is still above ICO price.

at the time of ICO sale

1 ETH=0.015 btc

1ETH=1000GNT=1500sat

Current price at liqui is 1600 sat..

So its still a good price for Golem

How much was that ICO price in $ at a time?

i saw somewhere the price about 1250 or 1275 satoshi.. i hope on the site.

[Calabi–Yau Manifold]

No, ico price was around 0.000014-0.000015 btc.

[bitcoinsforall]

No, ico price was around 0.000014-0.000015 btc.

keep googling the prices

[Burmik123]

I think that Golem will be a trade of a 2017 year. But we need to wait 5 month, untill gnt will be added to exchanges.

[cyrixcer]

I think that Golem will be a trade of a 2017 year. But we need to wait 5 month, untill gnt will be added to exchanges.

GMT is a famous token, but bittrex and polo doesn't need to list it, why?

[Calabi–Yau Manifold]

I think that Golem will be a trade of a 2017 year. But we need to wait 5 month, untill gnt will be added to exchanges.

GNT will be at big exchanges much sooner than 5 months. They'll add it before Brass Golem will be ready, because of possible hype before that step in golem development.