Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

Golem GNT

Worldwide supercomputer

Golem is a global, open sourced, decentralized supercomputer that anyone can access.

Industry: Computing Token Blockchain: Ethereum CMC Rank: 138 Team Location: Warsaw, Poland
  • USD: $0.30
    1h: 1.91% 24h: 5.36% 7d: 10.07%
  • BTC: 0.0000092 BTC
  • ETH: 0.00015 ETH
All Time High: $1.32 6 years ago
Current price is -77 % from ATH
  • Cap: $299 093 262
  • Vol 24h: $2 043 148 (0.68 %)
  • Circulating: 1 000 000 000 GNT (100.0 %)
  • Total: 1 000 000 000 GNT

Golem ICO stats:

ICO dates: 13 Nov, 2016 - 13 Nov, 2016 (7 years ago)
ICO platform: Ethereum
ICO price: $0.010 USD | 0.0010 ETH
Raised on ICO: $8 596 000 USD
GNT tokens sold on ICO: 820 000 000 GNT (82.0% of circulating supply)

ROI since ICO:

x29.90 in USD x0.15 in ETH x0.66 in BTC

Peak ROI in USD: x132.00

Golem Price Chart

About Golem

Golem is a decentralized supercomputer that is accessible by anyone. The system is made up of the combined power of user’s machines from personal PCs to entire datacenters. Golem is able to compute almost any tasks from CGI rendering through machine learning to scientific learning. It utilizes an ethereum-based transaction system to clear payments between providers, requestors and software developers however it is safe because all computations take place in sandbox environments and are fully isolated from the hosts’ systems.

The company released Brass in 2016 which includes Blender and LuxRender which are the two tools for CGI rendering. There are three releases that follows which are Clay, Stone and Iron. Golem has recently updated their Brass Beta and the highlight of this upgrade are the streamlined task creation GUI, the support for partial task restart in case of subtask timeouts and the fix that should alleviate the issues with the Docker service on Windows. Other than that, improvements have been made on the Blender verification and transaction tracking subsystems and fixed some minor pain-points in the UX. Transaction history will become more user-friendly with separate tabs for payments and incomes. Apart from that, improvements are made for requestors as well, requestors is now able to add resource file without having to repeat the task creation procedure if they have forgotten to add them beforehand.

Grand vision and core features
● Golem is the first truly decentralized supercomputer, creating a global market for computing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Golem altogether changes the way compute tasks are organized and executed. By powering decentralized microservices and asynchronous task execution, Golem is set to become a key building block for future Internet service providers and software development. And, by substantially lowering the price of computations, complex applications such as CGI rendering, scientific calculation, and machine learning become more accessible to everyone.

● Golem connects computers in a peer-to-peer network, enabling both application owners and individual users ("requestors") to rent resources of other users’ ("providers") machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Today, such resources are supplied by centralized cloud providers which, are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Also core to Golem’s built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requestors, providers, and software developers.

● The function of Golem as the backbone of a decentralized market for computing power can be considered both Infrastructure-as-a-Service (IaaS), as well as Platform-as-a-Service (PaaS). However, Golem reveals its true potential by adding dedicated software integrations to the equation. Any interested party is free to create and deploy software to the Golem network by publishing it to the Application Registry. Together with the Transaction Framework, developers can also extend and customize the payment mechanism resulting in unique mechanisms for monetizing software.

Check out CoinBureau for the full review of Golem.

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Golem Social

Twitter Stats
  • Followers: 128,549
  • Lists: 1736
  • Favourites: 3249
  • Update Frequency: 0.4 statuses/day
  • Created: 8 years ago