Introduction of distributed GPU rendering on the Blockchain
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Assalam-o-Alaikum Steemians !
I'm @moneyster, a professional level Cryptocurrency investor and an analyser. As usual, today I thought to share my another Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community
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We all know that the present situation of the world is considerably different from the past when we compare it with many fields. For example, we can clearly see that technology has improved very rapidly compared to the past. Meanwhile, blockchain technology takes a special place due to the emergence of active digital currencies such as Bitcoin and other Crypto Currencies.
Here this Blockchain technology has gone beyond just cryptocurrency and helped us to make our day to day operations easier and more reliable as distributed. Actually, the real situation is more advanced than we think. So, let me explain this interesting decentralized and blockchain-related useful project.
At present we do not need a large power and energy-consuming unit for GPU based rendering activities such as video editing and advanced Digital rendering projects. We have the ability to do it very efficiently using a decentralized GPU based rendering network.
This system has introduced very interesting and effective methods to accomplish this rendering process in a decentralized manner. Actually, those users who have some powerful GPU power, can contribute to this project and receive rewards as a result of their GPU performance. If you have more GPU Power, you can earn more rewards. Here the system has introduced some Crypto Coins or Tokens to distribute these rewards. This process is very similar to the mining process as users are using their GPU power to earn rewards. However, the traditional mining process is the validation of every transaction and here it will be the process of generating GPU power to render Digital projects in the world.
The best example of the above-mentioned project is the Render Network or the RNDR Token. So we can imagine the future of this project according to the above concept.
Basically, here we have the ability to render any kind of large project without any limitation. So, we will have the maximum GPU power to render our projects within a few minutes. If we have a powerful GPU power, we can use this GPU power to earn some extra income when we don't use it. So, it will be a kind of passive income as we don't need to stay in front of our computers for a long time. This will be an eco-friendly project as it doesn't consume much energy in a single place.
There is an interesting and important benefit of this distributed GPU rendering on the Blockchain. As blockchain technology is fully decentralized, we don't need to worry about our important data as nobody can edit or erase our Data without our permission.
First of all, let me expand an Overview of this RNDR Project. Below I have included a screenshot that I have taken from the Official website of this RNDR project.
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According to my thoughts, there is a good future for this RNDR Token and its project. Because this project is very useful for the present society as we have to use much GPU power to accomplish our Digital projects, especially in the Film industry.
Because film producers have to render very large video files and they need very high energy to accomplish it properly. So, they can directly invest in these Tokens and get rendered their projects very easily through this Render network.
Finally, I believe that the value of this project will increase further in the near future due to its usefulness. Therefore, I have also invested in this RNDR Token as a long term investment and let me show a screenshot of my Binance wallet. You can see my RNDR token amount from the right side of this paragraph. I'm showing this only for motivation and don't invest in this Token without doing your own analysis.
I have studied the below-sourced articles to further study these topics and I have explained all the above facts in my own words.
10% benificiary set for @tron-fan-club
Twitter Shared
https://twitter.com/moneyster12/status/1516398067804688385?s=20&t=eE5cgNj3FcHFeDaxJaJxMA
The GPU is also called mining hardware right?
Yeah, you can say like that. But here I wanted to emphasise something in addition to hardware mining. Here we will use or sacrifice the Graphics processing unit (GPU) power for rendering other projects such as Video Render outputs. Thank you very much for visiting my article.
You are not #club100, make sure you check your status correctly.
Thank you for your comment. Could you please check it again? I think it is a mistake. I have not withdrawn any single Steem ever since I joined Steem. If you are talking about 14.811 Liquid STEEM in my wallet, I just powered Up them too. However, I was keeping them to participate in the next week's power-up contest. if I'm still wrong, please guide me to fix it.
Thank you
Cc - @nane15
@kouba01
To comply with the #club100 you must not withdraw Steem from your account to any other account and power up all your earnings in the last 3 months.
As you can see in your image you have withdrawn "0.003 STEEM" even if it is a little, you have withdrawn, that takes you out of the #club100.
Just wait until that withdrawal that takes you out of the club no longer appears, for now you only comply with #club75.
No No Sir @Nane15. I think you don't know much about that 0.003 STEEM. Let me explain about that 0.003 STEEM. That 0.003 steem is a registering process fee of Dino Notification service. I learned the Dino Notification service through my Achievement 6 Program. I think you don't know about that as you have not completed your Achievement Task 6 yet.
This is a complete guide for the Achievement 6 Task in the newcomer's community provided by @cryptokannon. Kindly read this post and do the correct thing. I hope you can understand this situation well.
https://steemit.com/hive-172186/@cryptokannon/achievement-6-understanding-curation-and-community
@kouba01 am I still not eligible for the club100? Just for 0.003 STEEM that I sacrificed for dino notification service that I learned through my achievement 6 Task in the newcomer's community?
Friend, the only thing I can answer you is that this withdrawal takes you out of the club, I do it in a kind way, you must solve it or change the label, any curator seeing it is not going to give you the vote for using a label with which you do not comply. Take heart, if you have a bot activated that takes you out of status, stop using it. Meanwhile start using the #club75 tag and I'm sure you'll do better in future posts.
For now, with that withdrawal you are not in #club100, the rules are simple and clear.
OK Sir, I can understand what you are saying. I highly respect you and your comment as a steemian. According to your decision, this achievement Task has disqualified me from the club100 rule. OK Sir I will change my label.
I'm just trying to help you, it's a bit complex but it's the rules of the tags, #club5050, #club75 and #club100.
Thank you very much for your cooperation. I have changed my club100 label to club75. Yes, I was also confused as this type of case did not happen previously. However, Thanks again for your response and kind cooperation regarding this matter.
Note: You must enter the tag #fintech among the first 4 tags for your post to be reviewed.
Thank you very much @nane15. It means a lot to me.
Nice article and well presented. You have really made a good forecast on the RNDR token and it’s good you decided to invest in it. Good luck.
Thank you very much for your valuable comment on my article. It really motivates me to write more articles like the above one.
Keep the good work going