1H
-0.45%$0.0006
24H
-1.37%$0.0017
7D
-1.55%$0.0020
30D
-5.87%$0.0078
The Golem (Golem Network) platform is a marketplace for computing power. On the peer-to-peer network, unused computational resources can be rented out to users wishing to perform memory-intensive tasks, who pay the provider in Golem’s cryptocurrency. The idea is that an individual possessing, say, a high-end gaming rig can profit from allowing another to use its GPU/CPU cycles for anything from CGI rendering to training neural nets. Resources that once would have sat idle can now be monetized on the decentralized network.
This guide gives a detailed overview of how Synthetix came to become one of the most in-demand token exchanges in the world.
Telegram’s TON network is a PoS-based system with a new “Byzantine Proof” staking algorithm. It was developed by Nikolai and Pavel Durov, the brothers behind Telegram and (formerly) VK.com.