Golem is a global, open sourced, decentralized supercomputer that anyone can access. It’s made up of the combined power of user’s machines, from personal laptops to entire datacenters. Anyone will be able to use Golem to compute (almost) any program you can think of, from rendering to research to running websites, in a completely decentralized & inexpensive way. The Golem Network is a decentralized sharing economy of computing power, where anyone can make money ‘renting’ out their computing power or developing & selling software.
After its launch Golem has reached a $400 mln market cap and on March 20 it became the 13th most valuable digital currency. Now it is the 24th coin by market cap ($219,685,533) and its value is around $0,26. The peak was reached on June 24th: $0,66.
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Nice summary. 400M$ market cap is quite an achievement money-wise, but what did the this supercomputer already achieve processingpower-wise? How are concerns about time-lag adressed? Were there already some actual deliveríes made, or just promises? I am just playing a little devils advocate here, because I would love to read some of the stuff I have asked for as well in a summary post-ICO.
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Fair questions, Golem is still a very young technology. The team seems solid and the intentions are serious: check the whitepaper and you will find the complete overview: http://golemproject.net/doc/DraftGolemProjectWhitepaper.pdf
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