What does Golem do?
Golem Network (CRYPTO:GLM), a decentralized computing platform, offers a unique solution by enabling users to rent and sell their underutilized computing resources. This Ethereum-based system relies on a peer-to-peer network to connect those seeking computational power with providers who have surplus resources to offer. The network is maintained through the efforts of a decentralized node network responsible for resource provision and transaction processing, complemented by a team of core developers dedicated to protocol and infrastructure development.
Golem Network is actively engaged in multiple projects aimed at refining its platform and expanding its ecosystem. Among these initiatives, a new Golem client is in development, poised to simplify users' access to and utilization of Golem's computing resources. Additionally, Golem is working on a decentralized identity (DID) solution, which will empower users to establish their identities on Golem independently, without the need for a central authority.
The primary goals of Golem Network encompass delivering a secure, scalable platform for computing resource exchange, cultivating a rich array of tools and services for its user base, and democratizing access to computing resources. With its strong team and a growing community, Golem is well-positioned to play a pivotal role in the evolution of decentralized computing, promising an exciting future for this innovative project.