What is Golem Network Token? The Golem Network is an accessible-to-everyone, distributed, supercomputer that reduces costs (sometimes by over 10x) ofShow more [+] scientific research, big data analysis, graphics rendering, machine learning, AI… just about anything that requires heavy computational power. Those why buy computational power off the Golem Network are called Requesters.
All while bringing CPU cycles into the sharing economy so anyone with a computer can rent their computing power out on the Golem Network and make an automated income. These people are called Providers.
It also provides software developers and owners of software (including microservices & dApps) a decentralized medium for distributing and monetizing their software. Software hosted on the Golem network will never experience downtime, cannot be DDoS’d, and will usually be cheaper than running your own servers.
GNT is used to pay for rented computing power on the network.