One of the very first crowdfunded projects ter the cryptocurrency space has announced it is live, after the team behind the idea used two years to cook an innovation beyond comprehension. Golem, by all indications, is the very first Ethereum’s earliest initial coin suggesting (ICO) projects, and now it has officially launched on the Ethereum mainnet.
The project, a Tuesday, April Ten, announcement exposed on its webstek that the Brass Beta version of Golem went live. This has raised eyebrows among well-wishers and skepticism for those who see the project spil fake.
Golem, touted spil the ‘Airbnb for Computers’, accrued 820,000 ether ($8 million worth, going by November 11, ) within 29 minutes, making analysts wonder on the future uitzicht of the project.
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“We’ve come a long way. From being one of the very first crowdfunded projects, way past the challenges wij had to face while navigating the uncharted territory that is building Golem, the time has come to take the big step: mainnet launch is here,” the project indicated ter the statement.
Golem is aimed at connecting computers ter a peer-to-peer network, enabling both application owners and individual users, branded spil requestors, to rent the resources of other users’ (providers) machines.
According to Golem project, the resources can be used to finish tasks that require diverse computation times and capacities.
“Golem is a p2p network where users are identically privileged. People who seek to compute tasks broadcast their offers ter the network, while those parties that have laptop power, scan the offers and attempt to connect with the requestors of choice. Golem’s transaction system matches providers and requestors, taking into account prices, reputations and their machines’ voorstelling. Resources, i.e., files needed for computation are sent to the provider’s machine. After the computation is finished, the provider’s app sends back results to the requestor’s app.”
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Golem is seen spil an international, potencial market space for unused computing power. Providers can rent out their idle computing power, and get paid on the go.
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Now that the idea is open to users, the project team says it understands that the project is now open to diverse risk, however, the reason behind launching the Beta version onto the mainnet, according to the team, is that existente users can explore and confirm that the software is awesome.
“Golem is a dApp, and spil any other, it required testing through a contained “laboratory”. But ter order to progress, wij need to get out of this convenience zone, and make sure the elements that wij have worked hard, and proceed to build, are responsive and working well on a decentralized setting.”