Golem

Golem

Created using Figma
Created using Figma
Golem's aim is to use any personal computer to do jobs that are done today by servers, computing farms or supercomputers. Golem's features include a P2P network, a trading system, task definition and computation and reputation system.
Risk: High
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  • Bitfinex
    one hour ago
    $ 0.1489
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    H: $ 0.1601
    $ 73.540 K
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    $ 0.1664
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    $ 9.44
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Nov 10, 2016
Nov 10, 2016
100% completed
$369 023
100% goal completed
past
Token Details
Ticker
GNT
Additional Details
Categories
Platform, Software
Company Details
Registered Country
Poland

About Golem

A FEW OF THE MOST WORLD-CHANGING WAYS GOLEM CAN BE USED…

COMPUTER GRAPHICS
Golem can distribute the task of rendering CGI, doing in minutes what would take days, for cheaper than anything else.
The first version, Brass Golem, will do this only.

BUSINESS
From stock market predictions to big data analysis, Golem can speed up business computation while lowering costs.

MACHINE LEARNING
Whether you're teaching an AI to beat grandmasters or recognize images or human voice patterns, you can go to Golem to speed up the process

CRYPTOGRAPHY
Golem can run the world's first and largest fully decentralized cryptocurrency mining pools. It can also help with cryptography work like integer factorization.

SCIENCE
The world of science can benefit immensely from inexpensive and easy access to a powerful supercomputer. From DNA analysis to protein folding simulations to searching for alien life and on and on.

MICROSERVICES
The Golem application registry can run countless types of decentralized microservices and dapps, which anyone will be able to develop and share (for a profit, if they wish).
These are just the tip of the iceberg in Golem's potential use cases. And more will appear as more technologies come to fruition.

WORLDWIDE SHARING ECONOMY OF COMPUTING POWER

Golem enables users/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 contribute resources to Golem network.Software developers are in the center of Golem’s ecosystem: Application Registry and Transaction Framework enable anyone to deploy and distribute applications in the Golem network.An Ethereum-based transaction system clears payments between providers, requestors and software developers.

DECENTRALIZED, SECURE, & OPEN TO DEVELOPMENT

DECENTRALIZED AND SCALABLE
There is no single point of failure and no trusted authority, even though Golem is capable of connecting millions of nodes using a P2P architecture

SECURE
All computations take place in virtual machines and are fully isolated from the host’s system

ALWAYS OPEN FOR INNOVATIVE INTEGRATIONS
Developers can deploy their own integration on Golem and implement an appropriate monetization mechanism.

GOLEM IS BEING BUILT ON SOME OF THE WORLD'S MOST CUTTING EDGE TECHNOLOGIES

P2P NETWORK
Peer-to-peer architecture guarantees decentralization and scalability. Golem supports peer discovery and communication with a specific node. Every connection is encrypted and signed to guarantee security and authentication.

TRANSACTION SYSTEM
Golem includes a multi-agent transaction system for matching users requesting computing power with its providers.

TASK DEFINITION
Users define computing tasks easily using Golem's Task Definition Framework and libraries for high-level programming languages. Golem then automatically distributes each task over the network to computing nodes.

TASK COMPUTATION
Computations in Golem nodes take place inside isolated virtual machines, for maximum security. Providers are able to decide how many CPU cores, and how much RAM and disk space they wish to rent to the Golem Network.

REPUTATION SYSTEM
A reputation system enforces desired behavior of nodes in a decentralized environment, without relying on any supervising institution. This allows nodes to attribute a reputation rank to their peers. A node's rank is lowered in case of inappropriate behavior and is increased after successful computation.

APPLICATION REGISTRY & TRANSACTION FRAMEWORK
Developers can create and distribute software on the Golem Network's Application Registry (kind of like an app store), and use the Transaction Framework to choose whatever remuneration model they desire to make a profit (or not) from their software.

Features

Golem Net is a P2P network created by the computers (nodes) running Golem App. Any user may use Golem App to send any computing task to the network. Any user may use Golem App to lend a machine to others. An Ethereum-based payment system is used to clear transactions between senders and receivers.

Example industries:
- Computer graphics Photorealistic rendering
- Big data analysis
- Machine learning Image recognition
- Cryptography Cryptocurrency mining
- Computational biology DNA analysis
- Computational physics Particles simulation

Technical Info

Technical details:  There are three types of users on the Golem Network: ● Providers, who supply computing power to the network and get paid for doing so. ● Requestors, who rent the network’s computing power & the software built on it and pay for doing so. ● Authors, who build the software on the Application Registry (also known as Golem Store) and can set their own plans for payment (kind of like the Google Play Store or Apple App Store). Golem is a fully decentralized, open source P2P network which is resilient to censorship, and free from a single point-of-failure. Consensus is important for resilience and is another reason why Ethereum is utilized for transactions, as well as replicating some shared state and metadata. Golem tasks rely on integrity and consensus mechanisms for deployment, task execution, validation, and transactions. Naturally, Golem inherits Byzantine fault tolerance properties from Ethereum. For task execution and validation, Golem will initially rely on redundant validation and Ethereum state. As research and development progresses, optimizations will be implemented to reduce costs, increase throughput, and improve resilience. Optimisations will result in improvements of integrity and consensus validation schemes, P2P network formation, asynchronous transactions, and off-chain state transitions. The Golem P2P network will be built on a continuation of the devp2p protocol series, which was spearheaded at the Ethereum Foundation, and which will see improvements in confidentiality, robustness, latency, modularity, and the inclusion of pertinent libp2p and IPFS standards. The source code:  The code is partially available on Github. Proof of developer:  Public team

Golem Roadmap

  • 2016/ Q1

  • RAA is established and development begins.
  • 2017/ Q2

  • IT system and App are built.
  • 2017/ Q3

  • The ICO
  • 2018/ Q2

  • Long distance and city wide transporting IT infrastructure is built with RAAcoin payment.
  • Read More
  • 2019/ Q1

  • Re ned RAAcoin pay- ment system is built and exported to business users.

Activity

Status:
Hero Member
VERY HIGH
Activity:
728
VERY HIGH
Merit:
500
VERY HIGH
Posts:
110
LOW
Views:
12 341
VERY HIGH
Followers:
144 850
VERY HIGH
Tweets:
1 814
VERY HIGH
Alexa
Rank:
208 507
HIGH
Delta:
84 141
Year commits:
1 906
Watchers:
299
Stars:
2 578
Forks:
266
Open issues:
397
Videos:
30
HIGH
Subscribers:
2 708
LOW
Views:
188 000
VERY HIGH
Likes:
1 971
VERY LOW
Dislikes:
146
LOW

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

CEO and founder at Golem Factory
unverified
CTO, co-founder at Golem Factory
unverified
COO at Golem Factory | Managing Director at imapp
unverified
Software developer at imapp
unverified
Software Engineer
unverified
Senior Software Engineer at Golem Factory
unverified
Adam Banasiak
unverified
Magdalena Stasiewicz
unverified
IT Section Manager at imapp
unverified

Last News

$ 0.1489
5.38%
Coin Stats
Daily, %:
5.38%
Weekly, %:
13.70%
Monthly, %:
-52.35%
Market Info
Market Cap:
$ 148.900 M
Volume 24h:
$ 5.651 M
Circ. Supply:
959.242 M GNT
Ticker:
GNT

3.46

risky+
5.0 19
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