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Golem

GLMPosition by market cap among the coins we track.

Current price

$0.1150

−7.18%24h

LiveUpdated 30s ago

TodayGolem drops 7.2%, trailing the market.

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View as table
TimePrice

Change by period

  • 1 hour−0.17%
  • 24 hours−7.18%
  • 7 days−10.16%
  • 30 days−1.10%
  • 1 year−36.16%

Golem's move in context

  1. Lagging the market today

    −7.18% today against −3.26% for the market as a whole, a gap of 3.9 points. A gap this wide suggests something specific to Golem may be moving it, not just the market mood.

  2. Part of a slide

    −10.2% over 7 days and −1.1% over 30 days: the recent move continues the monthly direction.

This is analysis of past prices, not a prediction or financial advice.

About Golem

Overview

Golem is a decentralized computing network that aims to create a worldwide supercomputer by harnessing the idle processing power of computers across the globe. The project was conceived to allow users to rent out their unused computational resources, providing developers and researchers with affordable access to vast amounts of computational power for various applications, such as scientific research, machine learning, and rendering graphics. The core mission of Golem is to democratize access to computing resources, promoting a more efficient and decentralized model for computation. One of the distinguishing features of Golem is its emphasis on user empowerment, where individuals can generate income by contributing their idle resources while ensuring that tasks are executed securely and privately on their devices.

Technical Features

Golem operates on a decentralized network architecture that utilizes a peer-to-peer framework, enabling users to share their computing power without the need for central authority. The consensus mechanism employed is not traditional blockchain consensus; rather, it utilizes a system where computation tasks are divided into smaller units and distributed among participants. A significant aspect of Golem’s security model includes the use of cryptographic techniques to ensure that computations are executed correctly without compromising the privacy of the participants' data. Golem employs unique algorithms tailored for efficient task scheduling and resource allocation, making it scalable and robust. Additionally, Golem's core is built on Ethereum, harnessing the robustness of smart contracts to facilitate transactions and agreements between users.

Golem market

Position by market cap among the coins we track.
#160
Position by market cap among the coins we track.
Price × coins in circulation. It measures a coin's size, not its quality.
$115M
Price × coins in circulation. It measures a coin's size, not its quality.
The lowest and highest price in the last 24 hours. The dot marks the current price.
Low $0.1137High $0.1249
The lowest and highest price in the last 24 hours. The dot marks the current price.
The highest price this coin has ever reached. The bar shows today's price as a share of it.
$1.32
Now 9% of itReached 13 Apr 2018 · Needs +1,048% to get back
The highest price this coin has ever reached. The bar shows today's price as a share of it.
Coins that exist now and can be traded.
1B GLM
100% of max
Coins that exist now and can be traded.
The most coins that can ever exist. Some coins have no limit.
1B GLM
The most coins that can ever exist. Some coins have no limit.

Golem converter

1 Golem = $0.1150

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