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RE: My Thoughts About GOLEM & Its Future In Cloud-Computing

in #cryptocurrency8 years ago

Wow, that is pretty cheap! 😮 Nice find.

We see it with Bitcoin, it's really hard to get a foot in the door. I think these projects are probably more suited to entrepreneurs who are going to put in a significant investment, than your average computer user who doesn't use their computer that much or that intensely (in terms of processing).

The thing about the volunteer projects like SETI, Cloud Folding, etc. is that these are really donations to the project. I can't see the same thing working when applied in a for-profit venture.

I'd love to be proven wrong though, these things are really inspiring as a concept. When MaidSafe gets off the ground soon that might work better because unlike Bitcoin mining and GOLEM type systems, it's storage based instead of processing based, though obviously still uses some processing power. From their own forum though it appears to be the same, medium to large scale operations will really only be able to be competitive.

Prove me wrong kids! Prove me wrong.

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