Description
Golem is a decentralized computing network creating a global marketplace for computing power, leveraging blockchain technology. Participants can rent out their unused CPU/GPU capabilities, earning GLM, Golem’s native cryptocurrency, which facilitates transactions within the ecosystem. Launched in 2016 on the Ethereum platform, Golem aims to be a cost-effective alternative to traditional cloud providers and serves various users from individuals to enterprises. The network supports diverse applications, including CGI rendering and scientific computation, enhancing efficiency through task segmentation and parallel processing. With a total supply of 1,000,000,000 GLM, it trades on 175 markets and has a 24-hour trade volume of approximately $18.97 million. Golem is open-source, encouraging developers to build and share applications, contributing to its library of resources. More information is available at the Golem Network website, and community support is accessible on their Discord.
Golem is a decentralized computing network creating a global marketplace for computing power, leveraging blockchain technology. Participants can rent out their unused CPU/GPU capabilities, earning GLM, Golem’s native cryptocurrency, which facilitates transactions within the ecosystem. Launched in 2016 on the Ethereum platform, Golem aims to be a cost-effective alternative to traditional cloud providers and serves various users from individuals to enterprises. The network supports diverse applications, including CGI rendering and scientific computation, enhancing efficiency through task segmentation and parallel processing. With a total supply of 1,000,000,000 GLM, it trades on 175 markets and has a 24-hour trade volume of approximately $18.97 million. Golem is open-source, encouraging developers to build and share applications, contributing to its library of resources. More information is available at the Golem Network website, and community support is accessible on their Discord.
