GNT

GNT

Golem
$0.075683
+0.05%
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
1,000,000,000963,622,0002016-11-11$0.010000Proof of Concept1
etherscan.io
2
trivial.co
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
1,000,000,000-https://github.com/golemfactorhttps://golem.networkTOKEN

Golem is a global, open source, decentralized supercomputer that anyone can access. It is made up of the combined power of users’ machines, from PCs to entire data centers. Golem is capable of computing a wide variety of tasks, from CGI rendering, through machine learning to scientific computing. Golem’s limitations are only defined by our developer community’s creativity. Golem creates a decentralized sharing economy of computing power and supplies software developers with a flexible, reliable and cheap source of computing power. Golem enables users and applications (requestors) to rent out cycles of other users’ (providers) machines. Any user ranging from a single PC owner to a large data center can share resources through Golem and get paid in GNT (Golem Network Tokens) by requestors. Golem utilizes an Ethereum-based transaction system to settle payments between providers, requestors and software developers. All computations take place in sandbox environments and are fully isolated from the host’s system. Software developers are in the center of Golem’s ecosystem: Our Application Registry and Transaction Framework enable anyone to deploy, distribute and monetize applications in the Golem network.

  • The Latest Rating
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CoinCheckup
4.0

Golem - Analysis & Research report - CoinCheckup.com

2018-11-13
Algo. score rating 4.3/5 (#15) 100% Open channels 100% Team Strength 88% Product Strength 100% GitHub Activity 86% Coin strength 90% Brand awareness See attached PDF Analysis & Research report for more details. See https://coincheckup.com/coins/golem-network-tokens for the most detailed data available on Ethereum.
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Coin Bureau
3.5

Golem (GTN): Decentralised Super Computer

2018-09-11
Golem is a blockchain project that is trying to develop a global supercomputer through the use of a decentralised and distributed network of computers. For those users who have spare computing power on their machine, Golem will give them an opportunity to rent this power out in return for compensation. They have called themselves the "airbnb" of computing power. They have recently launched “brass golem” which is focused on CGI 3D rendering. Users who need powerful computing power could use the Golem network in order to render their videos in HD. This could be much cheaper than current alternatives such as a rendering farm (dedicated servers). There are other plans in the roadmap for further functionality on the Golem network. For example, machine learning algorithms are quite resource intensive and expensive to run. Using the distributed Golem super computer could make that much more affordable. The native token on the Golem network is GNT which is ERC20 standard token. This will be used as the utility token in the Golem ecosystem where buyers will purchase the computing power from those that are supplying with GNT. The Golem network is being built on top of the Ethereum (ETH) blockchain as they wanted to make the network trust-less. There are 1bn GNT tokens that were pre-mined and Golem completed an ICO in a crowd sale in November of 2016. They were able to raise about $8m in the sale. The tokens hit the exchanges not long after that. They are listed on a number of exchanges and appear to have decent amounts of liquidity. However, the tokens have still been more volatile compared to coins with comparable market caps.
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TokenInsight
3.0

Golem Rating Report

2018-08-31
Golem aims to build a distributed computing platform and is developing at a good pace. The public beta of Golem’s software is released and can run on the Ethereum mainnet. However, in the early phase of the project, the platform is designed to operate on Ethereum and its processing speed and functionality will be limited.