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golem  (GLM)

Golem (GLM)

$0.408044 -3.7%
0.00000829 BTC 0.4%
0.00010492 ETH 2.9%
14,013 people like this
Market Cap
24 Hour Trading Vol
24h Low / 24h High
$0.396301 / $0.432816
Circulating Supply
1,000,000,000 / 1,000,000,000

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Golem Price and Market Stats

Golem Price
GLM Price $0.408216
Golem ROI 3982.2%
Market Cap $408,331,696
Market Cap Dominance 0.02%
Trading Volume $3,808,274
Volume / Market Cap 0.0093
24h Low / 24h High $0.396301 / $0.432816
7d Low / 7d High $0.400370 / $0.513721
Market Cap Rank #163
All-Time High $1.32 -69.2%
Apr 13, 2018 (about 3 years)
All-Time Low $0.00913753 4357.9%
Dec 12, 2016 (over 4 years)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
0.00000831 BTC
0.36% $12,626 $60,649
2608716.797 GLM
28.02% Recently
0.4055 USDT
1.9% $70,420 $91,648
45779.625 GLM
0.49% Recently
0.0001052 ETH
0.47% $50,243 $26,706
188758.000 GLM
2.03% Recently
0.0000083 BTC
0.48% $9,622 $60,601
1027834.000 GLM
11.03% Recently
0.000105 ETH
0.19% $41,723 $11,730
847528.769 GLM
9.08% Recently
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* Anomaly - Trading price is an outlier against the average
** Inactive - No trades in the last 3 hours

About Golem Coin

Golem price today is $0.408044 with a 24-hour trading volume of $3,804,060. GLM price is down -3.7% in the last 24 hours. It has a circulating supply of 1 Billion GLM coins and a max supply of 1 Billion. Gate.io is the current most active market trading it.

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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