Internet supercomputing provides means for harnessing the power of a vast number of interconnected computers. With this come the challenges of marshaling distributed resources and dealing with failures. Traditional centralized approaches employ a master processor and many worker processors that execute a collection of tasks on behalf of the master. Despite the simplicity and advantages of centralized schemes, the master processor is a performance bottleneck and a single point of failure. Additionally, a phenomenon of increasing concern is that workers may return incorrect results, e.g., due to unintended failures, over-clocked processors, or due to workers claiming to have performed work to obtain a high rank in the system. This paper develops an original approach that eliminates the master and instead uses a decentralized algorithm, where workers cooperate in performing tasks. The failure model assumes that the average probability of a worker returning a wrong result is inferior to 1/2. We present a randomized synchronous algorithm for n processors and t tasks (t ≥ n) achieving time complexity Θ(t/n log n) and work Θ(t log n). It is shown that upon termination the workers know the results of all tasks with high probability, and that these results are correct with high probability. The message complexity of the algorithm is Θ(n log n), and the bit complexity is O(tn log 3n). Simulations illustrate the behavior of the algorithm under realistic assumptions.