Cryptocurrency Q&A
Is Golem on Ethereum?
Is Golem on Ethereum?
MysticChaser
Wed Oct 23 2024
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7 answers
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I'm wondering if Golem is built on the Ethereum platform. I've heard about Ethereum's decentralized applications and smart contracts, and I'm curious if Golem utilizes these features as it's also a decentralized project.
7 answers
SsamziegangSerenadeMelody
Fri Oct 25 2024
This choice was made to leverage Ethereum's blockchain technology for settling payments between involved parties.
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BonsaiStrength
Fri Oct 25 2024
The Golem team made a strategic decision to operate its software on the Ethereum network.
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ZenMindfulness
Thu Oct 24 2024
It also plays a crucial role in the execution of these tasks, ensuring they are carried out efficiently.
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CryptoPioneer
Thu Oct 24 2024
Furthermore, the Ethereum consensus mechanism is used for the validation of transactions within the Golem ecosystem.
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mia_harrison_painter
Thu Oct 24 2024
By utilizing Ethereum's blockchain, Golem ensures that transactions are secure and transparent.
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