đ„ **Unveiling Golem (GLM): Decentralized Computing Power Network**
đ **What is Golem (GLM)?**
- Golem (GLM) is a decentralized computing network designed to provide backup computing power, with its native cryptocurrency also named GLM.
đ **Foundation and Operation:**
- Founded by Golem Factory, GLM started its journey on April 28, 2016, and officially launched on the mainnet on April 10, 2018.
đ **Infrastructure:**
- GLM operates on the Ethereum network, utilizing its decentralized capabilities for seamless transactions.
đĄ **Promise to Users:**
- GLM promises a novel approach for those in need of idle computing power, creating a peer-to-peer (P2P) network for users to trade processing power and tackle complex tasks by breaking them into smaller subtasks within the network.
âïž **Mining Details:**
- GLM doesn't follow a traditional mining process, distinguishing itself from typical mineable cryptocurrencies.
đ° **Historical Price Data:**
- GLM's highest recorded price was $1.25 in December 2018, while the lowest was $0.008797 on December 12, 2016. The circulating supply matches the total supply of 1,000,000,000 GLM.
đ **Cryptocurrency Landscape:**
- GLM operates in the broader cryptocurrency landscape, offering a unique solution to address computational needs.
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