What is Golem?

Golem Network is a decentralized computing platform established to offer distributed computing resources, primarily for the AI industry. Users can engage through a peer-to-peer marketplace where they exchange GLM tokens for access to idle computing power. The platform enables the decomposition of tasks into smaller parts that can be processed in parallel, improving efficiency in handling complex computations.

GLM, or Golem Network Token, serves as the primary currency within this ecosystem. Requestors bid an amount of GLM to have their tasks computed, while Providers earn GLM by completing these tasks. The architecture is designed to facilitate direct interactions between users for the utilization of computational resources.