Golem is a decentralized platform that allows users to rent out their computing power to others, creating a global supercomputer network. By enabling peer-to-peer exchange of resources, it effectively lowers the cost of computational tasks and encourages collaborative projects. This innovation not only democratizes access to high-performance computing but also opens up opportunities for developers and businesses to solve complex problems more efficiently.
more informationArcblock aims to revolutionize the blockchain ecosystem by enabling developers to create decentralized applications with ease. Its innovative framework allows seamless integration of various blockchain technologies, promoting interoperability and streamlining the development process. With a focus on user experience and scalability, Arcblock positions itself as a compelling solution for the future of decentralized computing.
more information
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General Information |
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Title
Golem
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Title
Arcblock
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Symbol
glm
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Symbol
abt
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Whitepaper
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Whitepaper
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Website
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Website
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Community
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Community
-
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Last Updated
2025-03-13 23:58
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Last Updated
2025-03-12 23:59
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Price Data |
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Current Price $
0.301812
$
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Current Price $
0.781587
$
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High 24h
0.311943
$
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High 24h
0.835785
$
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Low 24h
0.278107
$
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Low 24h
0.759982
$
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Price Change 24h
0.01439709
$
|
Price Change 24h
0.00912292
$
|
Price Change % 24h
5.00916
%
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Price Change % 24h
1.18102
%
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Market Data |
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Market Cap
302071055
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Market Cap
77464438
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Total Volume
93663300
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Total Volume
876088
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Market Cap Change 24h
14495609
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Market Cap Change 24h
1272637
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Market Cap Change % 24h
5.04063
%
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Market Cap Change % 24h
1.67031
%
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Return on Investment (ROI)
2918.1242128375
%
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Return on Investment (ROI)
-22.17940783259
%
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Supply and Availability |
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Circulating Supply
1000000000
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Circulating Supply
98580000
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Total Supply
1000000000
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Total Supply
186000000
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Max Supply
-
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Max Supply
-
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Historical Data |
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All Time High (ATH)
1.32
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All Time High (ATH)
4.69
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ATH Change %
-78.11245
%
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ATH Change %
-83.18475
%
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ATH Date
2018-04-13 09:13
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ATH Date
2024-05-21 23:22
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All Time Low (ATL)
0.00913753
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All Time Low (ATL)
0.04949826
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ATL Change %
3072.17185
%
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ATL Change %
1494.93011
%
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ATL Date
2016-12-12 00:00
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ATL Date
2020-03-13 02:17
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In the rapidly evolving world of cryptocurrencies, Golem stands out as a unique project with its ambitious goal to create a global, open-source, decentralized supercomputer. Leveraging the power of blockchain technology, Golem aims to democratize access to computational resources by allowing users to rent their unused computing power. But what makes Golem (GLM) truly unique, and what are the potential advantages and disadvantages of investing in this cryptocurrency?
Established in 2016, Golem originated with a clear vision to disrupt the existing cloud computing industry by offering a decentralized alternative. The foundation of the network lies in its P2P (peer-to-peer) architecture, where users known as 'providers' offer their computational resources in exchange for GLM tokens. This decentralized model intends to mitigate the monopolistic control of tech giants over cloud computing.
One of the most significant advantages of Golem is its potential to lower costs for users who require substantial computing power. By eliminating middlemen, Golem can offer competitive pricing for services such as CGI rendering, scientific computation, and machine learning tasks. Furthermore, the open-source nature of Golem encourages transparency and continuous innovation by its community.
Another advantage is the project's commitment to privacy. Unlike centralized services, Golem does not store data on centralized servers, reducing the risk of data breaches. The underlying Ethereum blockchain further enhances security through its immutable ledger.
Despite its innovative approach, Golem faces several challenges. The foremost is the network's reliance on user adoption. Without a significant user base and enough providers, the network's efficiency and cost-effectiveness could be compromised. Additionally, competition from entrenched cloud services poses a constant threat. These established players offer robust, easily accessible, and reliable services that new decentralized applications struggle to match.
Technical complexity also plays a role; for average users, participating as providers may require more technical expertise than traditional cloud services. This potential barrier could hinder widespread adoption.
Golem's price history has been characterized by significant volatility. The token reached its all-time high (ATH) of $1.32 on April 13, 2018, during a period when the broader cryptocurrency market was witnessing tremendous growth. Since then, Golem has experienced substantial depreciation, with prices reflecting the general market trends, illustrated by its current market price considerably lower than the ATH — approximately 75% below its peak.
However, it's noteworthy that Golem has shown impressive resilience since its all-time low (ATL) of $0.0091 in December 2016. The project has maintained significant growth over the years, with a return on investment (ROI) exceeding 3200% from its early trading days.
The future of Golem hinges on several key factors: the expanding market for decentralized applications, enhancements in blockchain technology, and the project's ability to scale effectively and attract a broader user base. As the demand for decentralized services grows, Golem's unique positioning could prove advantageous. Key to its future success will be continued development, strategic partnerships, and improved usability for non-technical users.
Furthermore, as the global computational needs expand, particularly with developments in artificial intelligence and big data analytics, Golem is poised to find its niche in the broader market landscape. The project’s adaptability and community involvement will likely play crucial roles in its ability to meet evolving market demands.
In conclusion, Golem presents a compelling opportunity in the rapidly evolving blockchain ecosystem. While it faces significant challenges, the project's innovative approach to decentralized computing has the potential to revolutionize how computational resources are accessed and distributed. Potential investors should weigh these considerations against the inherent risks associated with cryptocurrency markets.
Arcblock is a blockchain platform designed to simplify the deployment of decentralized applications (dApps) and services. With its own cryptocurrency, ABT, Arcblock aims to bridge the gap between blockchain technology and everyday users, facilitating a more accessible experience for developers and consumers alike. Fueled by the ambition to create a “Blockchain 3.0” ecosystem, Arcblock provides a range of tools to enhance blockchain application development.
Since its inception, Arcblock has experienced significant fluctuations in its price and market performance. The coin reached its All-Time High (ATH) of $4.69 on May 21, 2024, marking a bullish trend towards the future. However, it has since seen a decline of about 65.67%, currently trading around $1.61. Conversely, its All-Time Low (ATL) was recorded at approximately $0.0495 on March 13, 2020, reflecting a massive ROI of over 3155% since that time. This highlights the potential for substantial growth, albeit with considerable volatility.
Arcblock presents several advantages that make it an attractive option for investment and development:
Despite its favorable aspects, Arcblock faces several challenges:
Looking ahead, Arcblock has the potential for growth as the demand for dApps and blockchain technologies increases. With its focus on developer-friendly solutions and interoperability, the platform could attract a diverse range of projects. Moreover, as businesses and developers become more familiar with the benefits of blockchain, Arcblock might see an uptick in usage and value. Nevertheless, investors should remain cautious due to the inherent risks in the cryptocurrency space. Staying informed about market trends and platform developments will be crucial for anyone considering investment in ABT.
Arcblock offers a unique proposition in the blockchain ecosystem with its innovative tools and focus on accessibility. While it has experienced considerable growth since its inception, the challenges it faces in a competitive market cannot be overlooked. For those willing to navigate its complexities and potential risks, Arcblock may represent an intriguing investment opportunity in the long run.
To learn more about Arcblock, consider reviewing their whitepaper available here and visiting their official website here.