How does this project compare to Golem?
This project doesn't compare to Golem. Golem is more advanced and capable in every way, and that's reflected in its marketcap. You can read a more reliable assessment of Golem's plans here:
https://blog.golemproject.net/the-challenges-ahead-933f040cba95The XEL fanboys want you to think Golem is nothing but a glorified rendering machine, but that's only so they can trick you into buying their worthless XEL coins at 100x the ICO price:
Task definition and verification
Golem requires a foundation suitable for creating distributed tasks of general and specific applications (e.g. rendering vs a custom application). A task definition framework and related API calls are being developed in order to streamline the creation process. By providing templates for common applications, this system will help users define task parameters and prerequisites, break tasks down to subtasks, and create verification and result collection processes.
You might be interested in these other tidbits about XEL too:
- The original developer (Lannister) abandoned the project
- There is no current white paper
- The new developer insists on remaining anonymous, which will most likely prevent XEL from being listed on major exchanges. It also means he can easily take the money and disappear if these coins ever become valuable
- The current marketcap was basically pulled out of thin air by the few people who hold the majority of XEL. 25k sats is an absurd price for this coin. Even 5k sats is a ripoff