What is Golem Coin? In this article on shetcoiner site, we want to examine this issue; so stay with us until the end of this article.
What is Golem Coin?
Julian Zavistowski had a great idea to use the free resources of personal computers, because there are many personal computers that are useless and idle with wasted resources. When people came to crypto currencies and led them to prosperity, Julian decided that his work on ERC20 tokens could solve the problem of consuming PC resources. Therefore, the creator of this crypto currency built his system on the Blockchain and was able to make his idea a reality. Now this is a real force of a P2P supercomputer that solves everything. In the next section, we want to know more about its power.
What is the power of this crypto currency?
If you’ve ever heard of DDOS attacks on large servers, you know the power of computer networks. Thousands of devices work together to solve almost any problem and work together to solve problems:
- Cinematic rendering,
- Mining other crypto currencies,
- Business analysis,
- Machine learning for artificial intelligence.
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In addition, it solves many problems in much less time and this aspect is only a small part of the future capabilities of this technology. This technology is based on free computer resources that you can use to solve any problem and meet the needs of buyers.
How does Golem work?
How the Golem works is very simple; All operations are based on smart contracts. Users first buy GNT in the market and then use it to pay for computing resources. Before paying, you can see the level of confidence of each user. The operation of this technology seems simple; your device combines with a p2p device. Your device must be online and available in 24/7.
Also you can launch your own Golem software that performs specific calculations for the customer. After doing the work, you will receive your reward; this is much easier than mining and you should note that it is similar to mining.
In this article on shetcoiner site, we have examined the Golem currency and examined it from different aspects; we also looked at how this network works.
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