Token: GNT

Worldwide Supercomputer

ICO dates
Start date: 2016-11-13
End date: 2016-11-13

Registrated in: Poland

Platform: Ethereum



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Golem whitepaper
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Random whitepaper excerpts

Table of contents
Overview of the Golem Project
Grand vision and core features
Golem as an Ecosystem
Supply of Infrastructure
Demand for Computing Resources
Software & Microservices
The first use case: CGI rendering
Long term vision: Golem as a building block of Web 3.0
Golem Network Token (GNT)
Application Registry
Transaction Framework
Brass Golem
Clay Golem
Stone Golem
Iron Golem
Future integrations
Crowdfunding summary
Budget and levels of funding
Golem Team
Key developers
Business development and communication

Overview of the Golem Project
Grand vision and core features

Golem is the first truly

supercomputer, creating a global market for
computing power. Combined with flexible tools to aid developers in securely
distributing and monetizing their software, Golem altogether changes the way
compute tasks are organized and executed. By powering decentralized microservices
and asynchronous task execution, Golem is set to become a key building block for
future Internet service providers and software development. And, by substantially
lowering the price of computations, complex applications such as CGI rendering,
scientific calculation, and machine learning become more accessible to everyone.

Golem connects computers in a peer-to-peer network, enabling both application
owners and individual users ('requestors') to rent resources of other users’
('providers') machines. These resources can be used to complete tasks requiring any
amount of c...

Golem as an Ecosystem
Golem's business case boils down to the fact that, due to relatively recent technological
advances, the market for computing resources can be organized according to entirely new
principles. In contrast, the compute market today is dominated by heavyweight players such
as Amazon, Google, Microsoft and IBM, who leverage their market power and assets to ensure
hefty margins, resulting in inefficiently priced compute services. Luckily, the market is not
doomed to function this way forever. With Golem the supply of computing resources is based
on contributions of individual and professional providers, combined with an array of
dedicated software solutions via Golem’s Application Registry – itself operating on a single
and competitive market with nearly

complete information

Scaling the compute market enabled by Golem requires onboarding three groups: suppliers of
computing resources ('providers'), task creators ('requestors') who submit the...

Software Developers
Golem features
Golem offers tools to execute
compute-intensive tasks.
Golem combines and utilizes
(almost) any kind of existing
computing hardware.
Golem is a flexible platform to
deploy and monetize software.
Incentive to participate
Requestors get access to affordable and
scalable solutions, which combine hardware
and software.
Hardware providers get paid for renting out
their hardware.
Software developers use Golem as a
distribution channel, associated with access
to hardware.
Supply of Infrastructure
The supply of computing power to the network comes from providers. This could be anyone,
from an individual renting out idle CPU cycles of a gaming PC, to a large datacenter
contributing their entire capacity. Providers have the incentive to join Golem because they
receive payments from requestors for the completed tasks. Of course, Golem’s user interface

and will be front and central to the development process. Once introduced, they will provide
developers with flexible and efficient tools to deploy, distribute, and monetize software
running on Golem. This is going to be a perfect solution for microservices and some of the
forthcoming decentralized applications (DApps), but could also become an interesting way to
distribute existing proprietary and open source software.
The first use case: CGI rendering
Golem Alpha release: CGI rendering using Blender
It is public, follow

the link

to test Golem.
CGI rendering is the first
and very illustrative case
of real Golem usage. Rather
than using costly
cloud-based services or
waiting ages for one's own
machine to complete the
task, CGI artists can now
rent compute resources
from other users to render
an image quickly. The
payment from a requestor
(in this case, a CGI artist) is
sent directly to providers

Golem Network Token (GNT)
The Golem Network Token ('GNT') account is a core component of Golem and is designed to
ensure flexibility and control over the future evolution of the project. GNT is created during
the crowdfunding period (described in this whitepaper) and, following the first major release
of Golem, GNT will be attributed a variety of functions in the Golem network.

Payments from requestors to providers for resource usage, and remuneration for
software developers is going to be exclusively conducted in GNT.

Once the Application Registry and Transaction Framework are implemented, GNT will
be necessary for other interactions with Golem, such as submitting deposits by
providers and software developers or participation in the process of software
validation and certification (as described in the Application Registry section).

The general conditions for using GNT will be set in the Transaction Framework, but
specific parameters of these interactions will be...

Application Registry
The Application Registry is an Ethereum smart contract, to which anyone can publish their
own applications that are ready to run on Golem network. The goal of the Application Registry
is to:

Give developers a way to publish their integrations and reach out to users in a
decentralized manner;

Give requestors a place to look for specific tools fitting their needs;

Give providers full control over the code they run because of the security concerns.
Since the Golem network is fully decentralized, we also want the Application Registry to be
driven by the community.
Golem allows requestors to execute the code of an application on someone else's computer.
This code is sandboxed and executed with the minimal required privileges. But software bugs
are everywhere, and once in a while people defeat sandboxes, manage to execute malicious
code on a host machine, and sometimes even take it over. That’s why we can't rely only on
sandboxing. ...

Transaction Framework
When creating something new and exciting, it’s hard if not impossible to predict all the
opportunities which the new artifact will suddenly make possible. Golem is a generalized
global supercomputer, and as such, it will no doubt find its niche with vastly varied
applications. They might need very diverse remuneration models. We are not able to design a
one-size-fits-all payment system for Golem, nor will we attempt to force one upon application
When a developer integrates her application with Golem, she has the freedom to decide which
transaction model she implements, as long as it is compliant with Golem's Transaction
Framework. The Transaction Framework will take the form of a set of requirements to follow;
basic requirements may include:

Entry in the Application Registry;

Use of open source and/or deterministic environment, such as EVM;

Community approval or rating of transaction model;

Use of GNT for...
Andrzej Regulski
Andrzej Regulski COO, co-founder

Aleksandra Skrzypczak
Aleksandra Skrzypczak Lead Software Engineer, co-founder

Alex Leverington
Alex Leverington P2P Engineer, Advisor

Paweł ‘chfast’ Bylica
Paweł ‘chfast’ Bylica Lead Ethereum Engineer

Marek Franciszkiewicz
Marek Franciszkiewicz Senior Software Engineer

Adam Banasiak
Adam Banasiak Software Engineer

Paweł Peregud
Paweł Peregud Senior Software Engineer

Dariusz Rybi
Dariusz Rybi Software Engineer

Grzegorz Borowik, PhD
Grzegorz Borowik, PhD Senior Software Engineer

Grzegorz Gruszczyński
Grzegorz Gruszczyński Software Engineer

Łukasz Foniok
Łukasz Foniok Software Engineer

Muhammed Tanrıkulu
Muhammed Tanrıkulu Software Engineer

Julian Zawistowski
Julian Zawistowski
CEO, founder
CEO and Founder at Golem
Alex Leverington
Alex Leverington
P2P Engineer, Advisor
Wendell Davis
Wendell Davis
Product Design