Golem is a decentralized, open-source distributed computing platform that enables users to rent unused computing power from other users. It is a platform for users to buy, sell, and trade computing power in the form of “Golem coins”. The platform is designed to run on the Ethereum blockchain, allowing users to securely and efficiently buy, sell, and trade computing resources in a secure, trustless environment. Golem coins can be used to purchase computing power or to pay for services rendered on the platform. The platform also allows developers to create and deploy decentralized applications (dapps) to the network. By using the platform, users can tap into the collective computing power of the Golem network, as well as access other dapps and services. This makes Golem an ideal platform for developers, researchers, and businesses to create, launch, and scale their applications, while also providing users with an easy and secure way to access computing power on-demand.
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