Home Coins Golem (GNT) getting nearer to Clay and headed in direction of a brand new...

getting nearer to Clay and headed in direction of a brand new paradigm

The Golem AMA concluded yesterday, and as we’re on the threshold of finishing our second milestone, Clay and heading in direction of a brand new paradigm and token migration, we thought it was a good suggestion to summarize it and submit it in our weblog.

In case you don’t wish to learn the entire thing, we’ve put a TL;DR on the finish of this submit.

It is a abstract of the technical information in regards to the Golem software program and roadmap, however for the complete model that features different matters, you’ll be able to instantly head over to the Reddit thread.  This abstract is split into three matters: the Process API and its progress, our upcoming ERC20 migration (GNT shouldn’t be ERC20, but!), and The Subsequent Milestone past Clay.

Process API

There have been a number of questions relating to the Process API and transition to Clay – that is nice, as we’re finalizing the small print to launch the Process API into the Mainnet, and it will full the Clay milestone, which was began as a progressive transition again on the finish of 2018.

Within the first week of this month, we answered a query asking a few tough estimate on the Process API being on accessible on the Mainnet. As a followup on this AMA, we affirm that we’re within the final dash earlier than releasing it onto the Mainnet and finishing Clay. The Process API is on monitor for our preliminary goal to launch on the finish of the month (so, in a matter of days).

As for integration concepts for builders engaged on the present model of the Process API, “we anticipate to see extra scientific use circumstances. Probably the most fascinating use case that we want to see can be one which makes use of the heterogeneity of Golem Community, for instance, one which compares the computation instances on completely different machines—with completely different parameters—which are distributed throughout the globe (to assemble statistics and optimize the code).”

We encourage builders and testers to obtain Golem and deep dive into the Process API. As with all main launch, our Bug Bounty Competitors for safety bugs is in place, so builders and lovers will have the ability to be rewarded if the studies are thought-about bugs. For extra particulars learn right here.

ERC20 Migration

We perceive that migrating GNT to be an ERC20 token could have advantages to many stakeholders together with our consumer expertise (onboarding of customers/requestors), tokens holders and, hopefully, the defi house as a complete.

Our migration to ERC20 effort is ongoing. As talked about, we commissioned the construct of the sensible contracts and software to ETHWorks, and this has been accomplished.The ERC20 compliant token will permit enhancements to UX and L2, so the 2 roadmaps will probably be merged. The audit by Path Of Bits for (some of the respected auditing corporations within the house) is already in progress, and we will probably be additionally auditing the app and a second sensible contract audit spherical with an up-and-coming agency,, .  The token migration is scheduled for this primary half of 2020.

The Subsequent Milestone

With reference to subject Golem going ahead Aleksandra adopted up that “… making an allowance for our expertise we’ve determined to take a special strategy this time and we began getting ready The Subsequent Milestone with a very new codebase. You’ll be able to anticipate a a lot clearer structure, considerably smaller dimension of the applying, modularization of all components of the software program and full focus on being a common platform as an alternative of on particular use circumstances developed domestically.”

This was a subject additionally introduced up by various workforce members, Viggith expanded “After the Process API launches into the Mainnet, we will probably be focusing our efforts on an ongoing new paradigm that has been underneath analysis and building for a minimum of six months now.”

“The New Milestone’s PoC will probably be introduced shortly, and its MVP will probably be stay within the second half of 2020. Within the meantime, Clay will probably be operational.”

“The migration to ERC20 will match very properly into The Subsequent Milestone, because the upcoming ERC20 token will permit for UX and L2 options to be built-in with Golem.
All of the puzzle items are actually on the desk and being labored on. It’s only a matter of ready a short time till we see them come collectively, and we will probably be prepared to tell the neighborhood.”


We’d like to focus on that we hear all of your suggestions, each inside and outdoors of the AMA. This suggestions means lots to us and we’re all the time working to progress the challenge with our neighborhood in thoughts. Our present focus as described above is releasing the Process API on the Mainnet, the ERC20 Migration, and The Subsequent Milestone which will probably be aimed toward builders and bettering the onboarding of requestors (builders) within the community.

It’s vital to notice, we had various conferences within the pipeline however with the present world local weather and uncertainty revolving COVID-19, we’re taking a conservative strategy and can doubtless be specializing in on-line content material. So keep tuned and watch our communication channels as a result of that’s the place the motion will occur.

Additionally, as we go right into a  migration we will anticipate new scammers making an attempt to reap the benefits of our customers. Keep in mind Golem shouldn’t be doing airdrops and the migration will ONLY be introduced on this weblog, the place sooner or later one can find all directions. Don’t belief exterior sources. Please keep on with the official channels:

Web site: http://golem.network/
Twitter: https://twitter.com/golemproject
Chat http://chat.golem.network/
Weblog: https://blog.golemproject.net/
Reddit: https://www.reddit.com/r/GolemProject/
Fb: https://www.facebook.com/golemproject/
Youtube https://www.youtube.com/channel/UCl3fxgrSML2sL3UYZrynbMg
Github: https://github.com/golemfactory
Documentation: https://docs.golem.network/

Keep protected everybody.


March AMA centered on three major matters.

1. The Process API, that we’re on monitor and goal to launch the tip of this month.
2. The ERC20 Migration, we’ve been working with Path Of Bits for our sensible contract auditing.
3. The Subsequent Milestone, the place we go after the Process API and Clay are on the Mainnet.

You probably have questions then don’t hesitate to achieve out to us in our neighborhood chat, create a submit right here on Reddit, tag us on Twitter, and we’re wanting into extra methods to speak sooner or later.

Supply hyperlink

Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
USD - United States Dollar

Most Popular

Mapping out Dragonfly Capital’s portfolio

Quick TakeDragonfly Capital Partners is a crypto-focused venture firm that splits its operations between Beijing and San Francisco. A large portion of the fund’s...

Bitcoin.com Wallet Reveals USDT Support – Users Can Swap and Store SLP-Based Tether

During the first week of July, Bitcoin.com’s Wallet added a number of new features including a portfolio breakdown and honestcoin (USDH) swapping...

A Call to Arms: Growing Crypto to 1B Users | by Blockchain.com | @blockchain | Aug, 2020

Crypto needs your help.I remember during the 2008/2009 financial crisis, how much anxiety and concern there was about the future — unemployment was...

cLabs Acquires Summa to Boost Crypto Interoperability on Celo

It was a match made in Silicon Valley heaven. The token-funded startup cLabs just acquired the decentralized finance (DeFi) startup Summa, best known...
Bitcoin (BTC) $ 11,729.68
Ethereum (ETH) $ 422.36
XRP (XRP) $ 0.291152
Tether (USDT) $ 1.00
Bitcoin Cash (BCH) $ 293.55
Bitcoin SV (BSV) $ 211.55
Litecoin (LTC) $ 56.81
EOS (EOS) $ 3.12
Binance Coin (BNB) $ 21.70
OKB (OKB) $ 5.64
Tezos (XTZ) $ 4.11
LEO Token (LEO) $ 1.27
Cardano (ADA) $ 0.139437
Monero (XMR) $ 91.40
Stellar (XLM) $ 0.101819
ChainLink (LINK) $ 17.19
Huobi Token (HT) $ 4.60
TRON (TRX) $ 0.022386
USD Coin (USDC) $ 0.996542
Dash (DASH) $ 92.52
NEO (NEO) $ 14.43
IOTA (MIOTA) $ 0.373100
NEM (XEM) $ 0.061250
Zcash (ZEC) $ 86.81
Maker (MKR) $ 783.50
Paxos Standard (PAX) $ 1.00
Ethereum Classic (ETC) $ 6.93
VeChain (VET) $ 0.019645
TrueUSD (TUSD) $ 1.00
FTX Token (FTT) $ 3.44
KuCoin Shares (KCS) $ 1.01
Waves (WAVES) $ 3.10