The single-day increase exceeded 80%, as Golem rode the wave of the market trend with the launch of its test version

Author: Vanguard 0

Golem, a cutting-edge project dedicated to building a decentralized computing resource sharing network, launched its GPU Beta testing program on January 30, selecting 10 testers to evaluate the GPU Provider service on the platform. As the Beta testing progressed, Golem's token GLM surged from 0.41 USDT to 0.74 USDT between March 3 and March 4, marking a daily increase of 80.49%.

On February 21, Golem's token GLM was officially listed on the HotsCoin exchange, opening for trading. This marks an important step for the Golem project in the cryptocurrency space, aiming to provide users with the ability to share and aggregate computing resources through its peer-to-peer computing platform, offering software developers an alternative to traditional centralized cloud services while bringing new investment opportunities to the cryptocurrency community.

Below, we explore Golem, which is positioned in the Web3+AI sector.

Committed to becoming a decentralized cloud computing service provider, Golem has unmatched technical strength

Golem, hailed as the first true decentralized supercomputer, aims to create a global computing power market that disrupts traditional computing resource supply models. By connecting global providers and demanders of computing resources, Golem not only breaks down the market barriers of traditional cloud service providers but also offers software developers a new distributed platform to securely and flexibly distribute and monetize their software.

Golem's architecture allows any individual with computing resources—from gamers with high-performance PCs to large data centers—to become resource providers. In this way, Golem democratizes access to and utilization of computing resources, significantly reducing the costs of complex computing tasks such as CGI rendering, scientific computing, and machine learning applications, making them more accessible.

The design of the Golem network is not just a simple resource-sharing platform; it also incorporates an Ethereum-based transaction system that allows direct payments and transactions between resource requesters, providers, and software developers without the need for any intermediaries or proprietary payment systems. This not only increases the transparency of the system but also reduces transaction costs.

A key feature that distinguishes Golem from existing markets is its application registry and trading framework, providing software developers with a decentralized platform to publish, distribute, and monetize their applications running on the Golem network. This not only promotes diversity and innovation within the software ecosystem but also creates new economic opportunities for developers.

Moreover, Golem's design takes into account the resilience and security of the network, employing various technical measures such as a decentralized P2P network, encrypted messaging, and isolated computing environments to protect the system from intermediary attacks and data breaches. Additionally, through application whitelisting and blacklisting mechanisms, Golem provides resource providers with complete control over the software they run, enhancing the trust and security of the network.

Another core component of the Golem project is the Golem Network Token (GNT). In the Golem network, all transaction and service fees are paid in GNT. This includes not only the usage fees for computing resources but also the rewards that software developers receive for their applications being used. The introduction of GNT not only provides liquidity for the economic activities of the Golem network but also promotes the healthy development of the entire ecosystem.

Through the GNT created during the crowdfunding period, Golem ensures the stability of token supply and the sustainability of the network's economic model. As the Golem network grows and applications diversify, GNT is expected to become an important asset in the cryptocurrency space.

A look back at Golem's past and present: Established over 10 years ago, the team continues to bet on decentralized computing technology

Since the concept was first proposed at the DEVCON conference in 2014, the Golem project has embarked on its exploration journey in the field of decentralized computing. The project initially aimed to leverage blockchain technology to create a global decentralized computing power market, making the sharing of computing resources tight and efficient. Through years of relentless effort and efficient innovation, Golem has successfully evolved from a preliminary idea into a mature decentralized computing platform.

In 2016, Golem was funded through DAOist and built through crowdfunding, garnering community recognition and support for its technology and vision. Additionally, in 2018, Golem released Brass Golem, the first implementation version of the project, one of the applications launched on the Ethereum mainnet, laying the foundation for Golem's leadership in the decentralized computing field. Over the years, Golem has continuously advanced technological innovation, including switching from the GNT token to the ERC-20 compliant GLM token, optimizing DeFi integration, and becoming one of the dApps for achieving efficient payment solutions on Layer 2.

By 2023, Golem not only launched the Golem Portal (Alpha version) for market access but also continued to promote the development of the decentralized computing ecosystem through initiatives such as integrating memory services and enhancing Blender animation rendering capabilities.

Behind Golem is a professional team driven by blockchain technology and decentralized ideals. Julian Zawistowski, as CEO, not only operates imapp but also organizes a world-class team focused on realizing software projects that transcend traditional boundaries. His leadership enables Golem to thrive in the competitive blockchain space. CTO Piotr 'Viggith' Janiuk, with his deep understanding of cutting-edge technology and rich programming experience, works alongside Golem's COO Andrzej Regulski, focusing on rehabilitation management and advisory experience aimed at taking Golem to new heights. The combined efforts of these three leaders, along with the professional skills and innovative thinking of the team members, have shaped Golem's achievements today.

This team is not just a group of technical developers; they are architects of the future of decentralized computing, dedicated to developing and promoting technologies that can change the way we compute. As Golem continues to push the boundaries of decentralized computing technology, the influence and innovative capabilities of this team will continue to contribute to building a more open and efficient digital world.

Decentralized points system introduced, enhancing interaction between Golem network and community

The introduction of the points system in the Golem network marks the beginning of a new era in decentralized computing. Aimed at comprehensively assessing the performance and reliability of providers, this system significantly enhances the overall trust and efficiency of the network. Core evaluation metrics include image startup time, latency with requesters, CPU performance, etc., providing requesters with a reliable reference framework to help them choose the best service provider.

With the deployment of the batch system, key upgrades to the queue are being synchronized. The introduction of a public API provides developers with the ability to analyze deeply collected data, while the optimization of statistical pages allows providers and requesters to conduct real-time analysis of points. Meanwhile, the integration of the SDK simplifies the process of selecting service providers, enhancing user experience.

Golem's initialization system adopts strategies that attract a deep commitment to open-source and community participation. Open-source not only ensures the independent verifiability and fairness of system operations but also promotes community contributions and collaboration, enhancing the stability and adaptability of the system. Through this innovation, Golem aims to build a more reliable, trustworthy, and user-friendly decentralized computing platform.

The points system primarily serves requesters in the Golem network, providing them with a tool to accurately assess the performance and reliability of service providers. This mechanism ensures high-quality performance from service providers, aiming to attract more software developers and computing power demanders, offering a better alternative compared to traditional centralized cloud services.

By implementing the transformation system, Golem not only pursues technological innovation but also deepens the practice of decentralized ideals. This decentralized strategy accelerates Golem's evolution towards a comprehensive, efficient, and trustworthy decentralized computing network, laying a solid foundation for the future of decentralized computing.

Continuous innovative breakthroughs, Golem's influence continues to rise while new market opportunities are brewing

In reviewing Golem network's achievements to date and its future potential, it is not only a key player in the decentralized computing field but also a leader. From the innovative launch of the reputation system to significant advancements in provider performance and evaluation, and ongoing growth in the cryptocurrency community and centralized service market, Golem has proven its position as an innovative force in the blockchain and decentralized computing space.

Golem's success largely stems from its profound understanding of the demand for decentralized computing and its commitment to efficient technological innovation. By launching systems and optimizing the sharing of computing resources, Golem not only provides users with a more transparent process in the computing power market but also injects new vitality into the entire decentralized network ecosystem. The core strategic element reduces the burden of participation, enabling a broader user base to easily access and benefit from advancements in decentralized computing.

Looking ahead, as Golem continues to achieve breakthroughs in technological innovation, market expansion, and user experience enhancement, its influence in the fields of decentralized computing and blockchain is expected to further expand. Golem is not only shining brightly within its ecosystem but also serves as a benchmark for the development of blockchain technology as a whole. Its successful experiences provide valuable references and insights for the entire industry, while also bringing strong confidence and hopeful expectations to a wide range of investors and users.