Golem (GLM)What's Golem price? How much potential does it have? How to buy Golem? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how GLM compares to Bitcoin based on its performance!
(Price data last updated about 52 minutes ago)
Data last updated about 52 minutes agoGLM All Time Low/High: €0.00854997 (+2546%) / €1.074 (-79%)
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Compare GLM and BTC performance
How popular is Golem cryptocurrency?Golem ranks 167th among all cryptocurrencies. It has a market cap of €225922181. The total trading volume within the last 24 hours was €3108380.
How much potential does it have?How much can Golem grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (1,000,000,000), it can theoretically grow at least 2254x before it would become more popular than Bitcoin. This means that based on GLM maximum potential it could reach €509.953 before it would have to overtake Bitcoin.
How to buy Golem?The easiest way to buy GLM is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 45 Golem exchanges available.
Where can you buy it?GLM should be listed in these exchanges:
Where can I find more information about Golem?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
What is Golem?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.
|Market Cap: €225922181||Rank: #167||Volume: €3108380|
Golem (GLM) live price chart
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How big was Golem coin volume within the last 24h?
Golem (GLM) last recorded volume was € 3108380.
How much has Golem price changed during one year?
GLM price has changed during the last year -48.86 %.
Is GLM coin close to its All Time High price?
GLM all time high price (ath) is €1.074. Its current price is €0.22623. This means that the difference between Golem (GLM) All Time High price and GLM current price is -79%.
What is the maximum price Golem (GLM) could VERY theoretically reach?
GLM has a current circulating supply of 1,000,000,000. Based on our calculation GLM could reach up to €509.953 before it would have to overtake Bitcoin. So in theory the potential for growth is 2254x its current value (€0.22623). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Golem and in no way is it a prediction of any kind, far from it.
Where can you buy Golem?
Golem is currently listed on at least these crypto exchanges: Upbit, Uniswap (v2), Binance, Bibox, BtcTurk PRO, Bithumb, Bitkub, Bitget, BingX, WhiteBIT, Coinbase Exchange, Bitrue, OKX, Hotbit, BitMart, KuCoin, Crypto.com Exchange, Poloniex, LATOKEN, CoinEx, Bittrex, Gate.io, Huobi, Sushiswap, Nominex, Uniswap (v3), Bitfinex, WazirX, FMFW.io and possibly some others.