This post originally appeared as a contributed article on Coindesk on December 27, 2018. Click here to read the post. Over the last 20 years, a lot of companies have built large online marketplaces to connect buyers and sellers. Amazon, eBay, Uber, and AirBnb typically come to mind as the most obvious examples. But there are […]
As 2018 comes to a close, we’ve been thinking about some of the big questions that crypto still needs to answer. Although there is some clarity on the mega theses for crypto —1) global, state-free money 2) decentralized/open/composable finance 3) web3—it’s still unclear how society is going to get there. Or in other words, the idea […]
Since the emerging crypto asset class is much like venture capital with liquidity, performing a quick market size analysis can provide insights into potential fundamental asset value. What is Golem (GNT)? Golem plans to become an “Air BnB” like platform for computing power. “Renters” would request computing power from providers on the platform that would […]
As early investors in Ethereum (ETH), it is important to consider the future of the Ethereum network beyond the price of ETH. At this moment in time, the price of ETH is purely a function of speculation. In the absence of true fundamentals, price is completely swayed by investor emotion. This explains the monstrous moves […]
Posted March 31st on CoinSavage.com This article was originally published at CoinCentral.com, follow this link to the original article (https://coincentral.com/golem-gnt-beginners-guide/) *** March 14th, 2018 |Steven Buchko Golem is a worldwide, decentralized supercomputer that combines the computing power of every machine on its network. In the Golem ecosystem, you can loan out your computer’s spare resources to others […]
One month ago CoinSavage posted, Money Flowing Into Bitcoin and Other Cryptos. At that time the total market capitalization of the crypto asset market was $231 billion. Exactly one month later that figure has nearly tripled, and now stands at over $610 billion. The new money pouring into cryptocurrencies / assets is NOT all going […]
Golem (GNT), known as the “AirBnb of computer processing power”, is holding above the support line of roughly 0.19 USD. The asset seems to have another 30 to 45 days of mostly sideways price action. Culminating when the descending trend line (red- chart below) intersects with the current support line (blue- chart below). Look for […]