Introduction to Golem
Golem (GLM) is a decentralized computing network designed to harness unused computational power across the globe. Launched on April 10, 2018, by Golem Factory, it enables peer-to-peer transactions where users buy and sell computing resources seamlessly.
👉 Discover how decentralized computing works
Key Features of Golem
1. Decentralized Architecture
- No central authority: Operates on a peer-to-peer model.
- Equal participation: Users (requestors and providers) interact directly.
2. Golem Network Token (GLM)
- Utility: GLM tokens are used to pay for computational tasks.
- Market dynamics: Requestors set bids; providers earn GLM by completing tasks.
3. Developer Tools
- Golem SDK: Tutorials for requestors/providers.
- Execution environments: Supports Wasm, VM, and SGX stack.
- APIs: Python, JavaScript, and Rust integrations.
👉 Explore Golem’s developer resources
Tokenomics: GLM Supply
- Total supply: Fixed at 1 billion GLM.
- Circulating supply: Updated in real-time on platforms like CoinMarketCap.
History and Founders
Origins
- Announced: April 2016 by Golem Factory.
- Mainnet launch: April 2018.
Founders
- Julian Zawistowski: CEO and visionary behind Golem’s decentralized compute marketplace.
Real-World Applications
1. Scientific Research
- Complex simulations (e.g., climate modeling).
2. CGI Rendering
- Cost-effective rendering for animations.
3. Machine Learning
- Distributed training of AI models.
FAQs
Q: How do I buy GLM tokens?
A: Purchase GLM on exchanges like OKX, Binance, or Uniswap.
Q: Is Golem secure?
A: Yes! Tasks are sandboxed, and payments are trustless via smart contracts.
Q: Can I earn GLM by sharing my idle computer resources?
A: Absolutely—join as a provider to monetize unused CPU/GPU power.
Conclusion
Golem democratizes access to computing power, leveraging blockchain for a fair, decentralized marketplace. Whether you’re a developer, researcher, or hobbyist, GLM offers innovative solutions for computational needs.
👉 Start exploring Golem today
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