Golem to Release Ray on Golem MVP
Golem has released the Ray on Golem MVP. This marks a major step in the integration of Ray with Golem’s decentralized infrastructure. The Ray on Golem MVP is a recommended way of running Python code on the Golem network.
Refer to the official tweet by GLM:
Golem Network@golemprojectApr 22, 2024We are thrilled to announce the release of the Ray on Golem MVP, a significant milestone in integrating @raydistributed with Golem's decentralized infrastructure! 🎉
Check out all the details about the release and next steps in our blog post:
👉 We… pic.twitter.com/VjIc4teinB
GLM Info
Golem is a decentralized computing platform that operates as an open-source, peer-to-peer marketplace for computing resources. It allows users to exchange computing power for GLM tokens, leveraging idle computing resources across its network.
The operational mechanism of Golem involves breaking down tasks into smaller subtasks and distributing them across multiple providers for parallel processing. This method enhances efficiency and accelerates the completion of complex computations. Golem serves as a decentralized market for computing power, functioning as both Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS), with the addition of dedicated software integrations through the Application Registry and customizable payment mechanisms via the Transaction Framework.
GLM is required for conducting transactions, including payment for computations. Requestors bid in GLM for computing tasks, while Providers earn GLM by completing these tasks for Requestors.