How does SONM Works?
SONM is decentralized in nature and is considered a worldwide fog network.
- SONM can be applied to many different applications, including hosting websites, performing general computer tasks, and moving forward with scientific computations.
- This fog network can also be used for game servers, video streaming, scientific research, an app running, and the production of computer graphics, among other widely used uses.
- One of the main goals of SONM is to replace the hash power-based traditional cryptocurrency mining techniques. These conventional techniques currently rule the blockchain community, and if they can be replaced by a more efficient mechanism, many advantages could be realized.
- When compared to a centralized, widely used cloud service, SONM is very different due to its capacity to animate a fog computing structure. Through the ideas developed by the Internet of Things, all gadgets are interconnected.
- SONM is aiming for a sizable market. However, SONM faces significant difficulty as a result of the emergence of multiple competing projects. One could argue that Golem is the ideal illustration of such a thing.
- Golem’s commercial strategy, however, differs significantly from SONM’s because it is more concerned with creating a platform on which to execute applications. Amazon, on the other hand, is putting in a lot of effort with a similar drive to transition to fog.
Supercomputing Organized By Network Mining (SONM) in Blockchain
Supercomputing Organized by Network Mining (SONM) is a system for global operations and a network that was based on the Ethereum blockchain to distribute worldwide computing power. It aims to let buyers interact directly with sellers with no intermediator. The article focuses on discussing Supercomputing Organized by Network Mining (SONM) in detail. The following topics will be discussed here:
- What is SONM?
- Features of SONM
- Who Founded SONM
- How does SONM Works?
- Client’s Perks
- Miner’s Perks
- SNM Wallet
- SNM Cryptocurrency Mining
- Risks Associated with Investing in SNM
- Where does SONM stand when Compared to Golem?
Let’s start discussing each of these topics in detail.