Golem Price (GNT)
Golem Price (GNT)
Golem is an innovative piece of technology working toward the decentralization of computing. It is accessible-to-everyone, distributed, global supercomputer. It is currently under development by a dedicated team of programmers and engineers, all of whom have extensive knowledge in P2P software and block chain engineering. The concept behind Golem is straightforward; the task at hand is split up into fragments and sent to participants in the network. Golems are a peer-to-peer network, a reputational system, trading systems, and task computation. Golem started in November of 2016.They released their white paper on a supercomputer from a decentralized network.It was created as a whitepaper on Github by Golem Factory. Golem was founded by Julian Zawistowski, Piotr Janiuk, Andrezj Regulski, and Aleksandra Skrzypczak. Then on June 14th, 2017 they launched their ICO aimed to help fund the project.On July 11th they released their Alpha and had since been refining it to take it to the public.
Golem Price INR History
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Golem Price History and Analysis
Golem Price in India (GNT Price in INR)
Golem is an innovative piece of technology working toward the decentralization of computing. It is accessible-to-everyone, distributed, global supercomputer. It is currently under development by a dedicated team of programmers and engineers, all of whom have extensive knowledge in P2P software and block chain engineering. The concept behind Golem is straightforward; the task at hand is split up into fragments and sent to participants in the network. Golem is a peer-to-peer network, a reputational system, trading systems, and task computation.
GNT price in INR in 2017
In August, 2017 the SegWit activated due to that the price of Litecoin in India fluctuated. On 1st September LTC to INR was 5,016. After that the price of LTC in INR started declining and after so many fluctuation in price. It stabilized and at the end of September 2017, The price of litecoin in India was INR 3,381. There was over night up flow in the price of Litecoin and it entered into the last month of 2017 with price of LTC in INR 6,537and kept growing with fast speed and finally reached at LTC to INR 15,169 INR on 31st December 2017. This was an unforeseen rise in price of litecoin.
GNT price in INR in 2018
In the year 2018 Golem entered with Golem price in rupees was 64.988 and after up and down in the price of GNT in INR as it was in its infancy period. It closed the month January, 2018 with GNT to INR 34.84. There was an overnight decline in the price of Golem and on 1st February, 2018 the price of Golem in India was INR 29.55 and it kept fluctuating and finally closed the month Feb, 2018 with GNT to INR 24.
GNT price in INR in 2019
In the beginning, Golem price in Inr was 4.55 and Golem price reached maximum of 7.35 on 30th May, 2019 and by the end of the year on 31st December 2019 it slid back to INR 2.07.
GNT price in INR in 2020
On 1st January 2020, Golem price started with INR 2.07 and has reached Highest by far on 19th February 2020 at INR 5.34 with sliding back to INR 1.84 on 13th March and recovering at INR 3.91 as on 1st June.
Golem uses a p2p network to ensure decentralization and scalability. It ensures that no one can centralize and manipulate the network while creating self-sufficient scaling. They keep transactions encrypted and signed for guaranteed security.
TRANSACTION SYSTEM WITH TASK COMPUTATION
Golem nodes take place in an isolated virtual machine for maximum security of the computation. This Allow users to match the amount of power needed with the providers.
A REPUTATION SYSTEM
It uses a reputation system. It allows the decentralized program to run without oversight on each node in the GNT network. Nodes receive a reputation rank, which is allocated from their peers.If a node has inappropriate behavior or aims to go against the system, then it is penalized, and its rank drops.
APPLICATION CREATION FOR USE
With Golem application developers can create and develop apps on the network.It has Ability to manage contracts from mobile wallets without running a full node.
Buy and sell Golem at the best price in INR
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