Golem Prediction 2018, GNT Forecast and Price Charts – When to buy GNT? What is the GNT price today? GNT Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS GOLEM (GNT)?
Golem is a decentralized network of supercomputers where you can access the computing power of others in the network and pay for their services using Golem. This is the world’s first such initiative that makes use of cryptocurrencies to handle the financial transactions. While anyone can use it, it is primarily intended to be used by those who are in need of massive amounts of computing power like professional computer graphics, protein simulations etc.
GOLEM (GNT): HISTORY
The project was first announced on teams blog in February of 2016 and the Alpha version went out in August 2016. Their Github repository opened on August 24th 2016The team behind Golem includes Julian Zawistowski, Piotr Janiuk, Andrzej Regulski and Wendell Davis. Golem’s ICO was a huge success as it reached its target of 820,000 Ethers within 30 minutes of starts.
HOW DOES GOLEM (GNT) WORK?
Golem builds a decentralized supercomputer by harnessing the computational powers of its users. The user will have to pay for however much computational power he/she buys from the network. Those who are contributing to this borrowed power will be rewarded with GNT’s proportional to their contributions. All these are automated transactions use Golem (GNT) as the mode of payment. Golem makes use of EVM and Smart Contracts of the Ethereum network since it is based on Ethereum. There are several different modes of hiring the computing power including per node, per hour etc.
HOW TO BUY GOLEM (GNT)?
Again Golem is based on the same underlying architecture as Ethereum and as such supports any wallet that supports Ethereum, in this case, MyEtherWallet. If you have been to this website often you will be familiar with the process of using MyEtherWallet. You just create a wallet and then buy some BTC or ETH from Coinbase and then use any of the Exchanges that support BTC/GNT pairs like Bittrex or Liqui and exchange it. Then send this GNTs’ to you MyEtherWallet using the wallet address.
GOLEM (GNT) PRICE PREDICTION 2018
Golem is another one of those projects that are getting a lot of attention from investors and developers alike. The value as of 22-2-2017 is $0.36057. You will get 277.3 Kyber Network coins for every 100 USD of your investment. There is a long-term increase in price expected with the five-year prognosis placing currency at $2.434. Today’s price is $0.3568 USD. There are a total of 834,262,000 GNT tokens in supply. The market cap sits at$300,809,015 and the trading volume stands at $7,583,050. Golem price prediction, GNT price forecast, GNT price and news, GNT price forecast, GNT price prediction 2018, What is the price of Golem 2018.