Golem
GLM
Golem (GLM) Feed: Events, News & Roadmap
Golem to Release Ray on Golem MVP
Golem has released the Ray on Golem MVP. This marks a major step in the integration of Ray with Golem’s decentralized infrastructure. The Ray on Golem…
Golem to Release Reputation System Upgrade
Golem will upgrade reputation system. The new feature, known as AgreementSelector, is designed to identify the most efficient providers for tasks, the…
Delisting From Bitfinex
GLM will be delisted from Bitfinex
New GLM/USDT Trading Pair on Binance
New GLM/USDT trading pair on Binance
June Report
Listing on BitMart
AMA on Discord
AMA on Discord
Listing on Indodax
Listing on Bitget
Golem Beta v.5.0 Release
AMA on Reddit
Listing on Bityard
Listing on KuCoin
AMA on Reddit
Golem Software v.0.7.3 Update
AMA on Reddit
Hoard NFTs Marketplace Launch
AMA on Reddit
Golem Alpha IV Release
Golem Events on the Chart
What is Golem?
Golem is a decentralized computing platform that operates as an open-source, peer-to-peer marketplace for computing resources. It allows users to exchange computing power for GLM tokens, leveraging idle computing resources across its network.
The operational mechanism of Golem involves breaking down tasks into smaller subtasks and distributing them across multiple providers for parallel processing. This method enhances efficiency and accelerates the completion of complex computations. Golem serves as a decentralized market for computing power, functioning as both Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS), with the addition of dedicated software integrations through the Application Registry and customizable payment mechanisms via the Transaction Framework.
GLM is required for conducting transactions, including payment for computations. Requestors bid in GLM for computing tasks, while Providers earn GLM by completing these tasks for Requestors.