The need for computing power in the world has been increasing over the decades. This has drawn scientists and companies alike to research on how to best boost this. However, this research has led to results that do not favor the average person; very high prices for higher computing power, leaving only companies with financial muscle with the ability to access it.
Eventually, these companies got wind of the idea of servers, an idea which revolutionized the entire industry. This allowed such corporations to store vast amounts of data from individuals across the globe. Furthermore, it ensured enough boost for their computational power to process this data. And this was amazing for the companies. However, it once again presented a problem to the individuals who had to store their data on these companies’ platforms; they had to pay a hefty fee because these companies served as hosts as well.
The realization of this problem is what necessitated the creation of Golem (GNT).
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