The center of the Golem Network is a supercomputer capable of performing a wide range of tasks, including CGI rendering, machine learning, and complex scientific calculations. It can reduce scientific research costs by a factor of ten. This open-source supercomputer network is made of the combined power of all users’ machines, from personal computers to data centers. Developers can trade over this network, using an Ethereum-based transaction system. The Golem price includes the ability for requestors to rent out machine cycles of other users, or providers. Providers are paid through Golem’s system in GNT price (Golem Network Tokens).
Source: The Merkle - 7 minutes ago
At press time, bitcoin is still trading in the $6,400 range, and remains unchanged since our last price piece. The sideways movement is continuing for the time being, but $100 shorter than where it stood previously. A few weeks ago, bitcoin was trading at $6,500. The price remained there for some time, and many couldn’t…
Source: Live Bitcoin News - 19 minutes ago
Bitcoin wallet security can come in many different ways. Using a password for extra security or a dedicated hardware solution are two popular solutions. Cobo, a Chinese startup, is taking this concept to a whole new level with its Vault hardware wallet. Any successful attempt to hack the device will lead to its destruction. Cobo...
Source: NEWSBTC - 49 minutes ago
The United States Marshal Service (USMS) is set to auction approximately $4.25 million worth of Bitcoin at the beginning of November. The federal agency announced that it would put almost 660 Bitcoins on the auction block, with the online sale planned on November 5, from 8:00 AM EST to 2:00 PM EST. Interested bidders must submit...
Source: AltCoin Today - 49 minutes ago
Confirmed: Baidu and TRON to Cooperate on Cloud Computing Resources Decentralized Internet project TRON (TRX) and China‘s largest Internet search provider Baidu will cooperate on cloud computing resources, according to an official tweet from the TRON Foundation posted yesterday, October 17. The tweet confirms a series of unofficial reports that have been circulating since Oct. 13. The first indication that the nature of the…
Source: Bitcoinist - 49 minutes ago
Bubble-phobic Civic CEO, Vinny Lingham, has been sounding off about blockchain and cryptocurrency at an event in Johannesburg. His address covered mass adoption in the blockchain industry, and the likelihood of another bitcoin bubble. Still in its infancy Lingham cited lack of use cases and scaling issues as current barriers to mass adoption of cryptocurrency. Although the primary uses of cryptocurrency are money transfers and trading, he saw this broadening as the market matures. He