Golem is a decentralized Ethereum-based software or system that manages computational resources in the cloud and is a supercomputer that incentivizes users. It is a platform that allows its users to utilize the GNT cryptocurrency in selling and buying the computational resources; it is likewise considered as computer power’s Airbnb.
MoreGolem transactions are opened by a requestor, or someone within the network who is in need of computational resources, who utilizes a task template to ask for such resources. The task template includes details for the source code to run, instructions on how to divide the task into subtasks before being forwarded to various nodes, and a further set of instructions for confirming results (and ensuring it is the final result).
MoreDo you want to buy Golem (GLM) with a credit card, or another payment option? This is possible easily and quickly at a crypto exchange such as Coinmerce.
MoreYou want to buy Golem? You can buy Golem using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Golem, use the search function to search for Golem and click on the name. You can indicate for how many euros you want to buy Golem in the right window. Below is shown how much Golem you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Golem when the price of Golem reaches your entered value. You can also execute a repeating order. Do you want to buy Golem with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Golem.
Andrzej Regulski, Aleksandra Skrzypczak, Piotr Janiuk, and Julian Zawistowski established the Golem Factory in 2016. This is the company that manages the Golem platform. Its developers use the term “networked supercomputer” to describe Golem, as any user located anywhere in the world can access it anytime without depending on other companies or third parties. In its maiden year, Golem raised a significant amount of funding when it sold over 80% of its GNT supply to the public. The team collected more or less $8.6 million or 820,000 ETH. The Golem network has several use cases, including big data or data analysis, scientific research, machine learning, rendering complicated computer graphics, and AI or artificial intelligence, among others. As mentioned earlier, Golem’s main currency is GNT, which is used as payments for software developers and providers within the network. When developers, requestors, and providers are paid, they get the tokens instantly and directly, all because of the network’s peer-to-peer characteristics.