SONM SNM

SONM is a decentralized fog computing platform that aims to provide general-purpose computing services. It operates as a decentralized marketplace for computational power, allowing users to buy and sell computing resources. SONM utilizes a fog computing structure, which is a decentralized network of connected devices linked to the internet. The project aims to offer a more efficient and cost-effective alternative to centralized cloud services. However, there have been some concerns raised about the viability of the project.

SONM is unique compared to other cryptocurrencies because it is a decentralized fog computing platform. While many cryptocurrencies focus on financial transactions, SONM aims to provide a decentralized marketplace for computational power. It allows users to rent out their unused computing resources and earn tokens in return. This innovative approach to distributed computing sets SONM apart from other cryptocurrencies and positions it as a solution to the global problem of creating a multi-purpose decentralized computational power market. Additionally, SONM claims to have no direct competition in this space, which further distinguishes it from other cryptocurrencies.