Golem Deep Dive #1: Mid-agreement payments

Up-close in personal with mid-agreement payments

Mid-agreement payments are a new form of payment option between providers and requestors. Initially introduced in Golem Architecture Proposal 3 ( GAP-3), it’s motivated by the fact that requestors may want to run a task that will take quite a long time to complete. Before this improvement, tasks couldn’t be too long without an increased risk to the provider of the requestor disconnecting and the provider losing GLM for their computation time. This was previously mitigated by restricting the maximum task length.

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Golem Project

Golem Project

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Airbnb for computers. Rent your unused CPU/GPU cycles and get paid in cryptocurrency. A decentralized network powering true cloud computing.