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Golem(GLM)

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$0.432899
(-1.53%)
0.00000427 BTC
Market Cap (Rank#215)
$432,898,620
4,274 BTC
Vol 24h
$4,063,995
40.1202 BTC
Circulating Supply
1,000,000,000
Max Supply
1,000,000,000
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About Golem?

The live price of Golem (GLM) today is 0.432899 USD, and with the current circulating supply of Golem at 1,000,000,000 GLM, its market capitalization stands at 432,898,620 USD. In the last 24 hours GLM price has moved -0.002005 USD or -0.00% while 4,130,770 USD worth of GLM has been traded on various exchanges. The current valuation of GLM puts it at #215 in cryptocurrency rankings based on market capitalization.

Learn more about the Golem blockchain network and how it works or follow the price of its native cryptocurrency GLM and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Golem (GLM) is a decentralized, open-source supercomputer that anyone can access. It's built on top of the Ethereum blockchain and allows users to rent out their machine's spare computing power or buy computing power from others. The project aims to create a global, open-source, decentralized supercomputer that anyone can access.

Technology & Mechanism

Golem operates on a unique technology and mechanism that sets it apart from other cryptocurrencies.

Consensus Mechanism

Golem uses the Ethereum blockchain's Proof-of-Stake (PoS) consensus mechanism, which is energy-efficient and secure.

Blockchain Technology

Golem operates on the Ethereum blockchain, which is renowned for its smart contract functionality. This allows for the creation of complex applications, like Golem, that operate in a decentralized and automatic manner.

Key Features

Golem boasts several key features that make it a unique and powerful platform.

Scalability

Golem's network is highly scalable, with the ability to process large amounts of data quickly and efficiently.

Security

As a decentralized platform, Golem is secure from attacks and failures that can affect centralized systems.

Privacy

Golem ensures user privacy by keeping all transactions and computations on the blockchain anonymous.

Decentralization

Golem is fully decentralized, meaning it operates without a central authority or single point of failure.

Development Team & Governance

The Golem project is spearheaded by a dedicated team of developers and governed by the Golem Network Token (GNT) holders.

Use Cases & Potential Impact

Golem has a wide range of potential use cases, from CGI rendering to machine learning, and could significantly disrupt the cloud computing industry.

Purchase & Storage

Golem can be purchased on several major exchanges and securely stored in a variety of wallets.

How to Buy

Golem can be purchased on exchanges like Binance, Coinbase, and Kraken.

Wallets & Storage

Golem can be stored in any wallet that supports ERC-20 tokens, such as MyEtherWallet, Ledger, and Trezor.

Partnerships & Collaborations

Golem has partnered with various organizations to further its mission, including Friends of Golem, a group of developers and enthusiasts who support the project.

Roadmap

Golem's future plans include improving its user interface, expanding its developer tools, and increasing its scalability.

Risks & Challenges

Like any cryptocurrency, Golem faces potential risks and challenges, including regulatory hurdles and competition from other projects.

Community & Regulatory Compliance

Golem has a strong community of supporters and is committed to complying with all relevant regulations.

Community

Golem's community includes developers, users, and enthusiasts who support the project and contribute to its development.

Regulatory Compliance

Golem is committed to complying with all relevant regulations and works closely with legal experts to ensure its compliance.

In conclusion, Golem is a unique and innovative project that aims to decentralize the cloud computing industry. With its strong community, dedicated team, and powerful technology, Golem has the potential to significantly disrupt the industry and create a global, decentralized supercomputer.

Golem Price0.432899 USD
Market Rank#215
Market Cap432,898,620 USD
24h Volume4,063,995 USD
Circulating Supply1,000,000,000 GLM
Max Supply1,000,000,000 GLM
Yesterday's Market Cap436,367,104 USD
Yesterday's Open / Close0.438372 USD / 0.436367 USD
Yesterday's High / Low0.440456 USD / 0.42433 USD
Yesterday's Change
0.00% ( 0.002005 USD )
Yesterday's Volume4,130,769.75 USD
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