Golem token rising due to new major Alpha release

Brass Golem Alpha2 0.10.0 was released containing long-awaited features and protocol optimizations and Golem token rose 62%
20 December 2017   1040

Golem is a project which lets users rent CPU/GPUs and get paid in cryptocurrency. On December 20, the new upgraded Brass Golem Alpha2 0.10.0 version was released. 

With the new version users can observe their incomes displayed in the GUI and check how many test GNT they have earned, tasks persistance was made to be able to be turned on by default, and the mprovements in the protocol to make Golem network more scalable and find other nodes quicker were implemented.

  • Handshake protocol was improved
  • Golem messages were moved to external module and refactored
  • Task-related messages were saved for Concent service
  • Additional messages for communication with Concent were added
  • Bootstrap choosing mechanism was improved.
  • Additional bootstrap nodes with lighter protocol (implemented in Golang) were added to Golem network

As soon as the news came out, the price of Golem token started rising which led to the number of 62% increase within past 7 days. Golem rose from $0,34 to $0,64 within a week and the market capitalization of the token grew from $288 million to $533 million during the same amount of time.

Golem charts december 2017Golem Charts

At the moment of press, these are main market parameters of Golem:

  • Average price: $0,57
  • Marketcap: $483 150 230
  • 24h volume: $23 151 500

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Civic to Buy Identity.com Domain

The domain will become a blockchain platform for the exchange of user data
19 July 2018   120

American startup Civic has acquired the domain name identity.com. According to Vinny Lingham, CEO of the company, the domain will become a blockchain platform for the exchange of user data. This is reported by CoinDesk.

The identity.com platform will be a decentralized ecosystem. Thus, companies that own data will request the user's consent to the issuance of information. Blockchain will allow verifying the authenticity of the user's permission. After that, the company will be able to provide information to the data buyer.

Calculation on the platform will be performed in Civic (CVC) tokens. And thanks to smart contracts, payment will occur after the requesting company receives relevant information.

Previously, the domain was a portal for Internet real estate and belonged to the Inflection. Civic bought the domain name after Inflection stopped operating in this area of ​​business.

Vinny Lingham does not disclose the details of the negotiations and the amount of the deal. Nevertheless, he stated that he always considered the identity.com domain an ideal address for the promotion of his blocking project.

According to CEO Civic, this purchase is an important step not only for the company, but also for the development of the Web 3.0 concept.