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Author Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer  (Read 449657 times)
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ttookk
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December 11, 2016, 04:53:35 PM
 #3021

(…)

Step 2:
We have a 5 stage launch. This means, that the first version, let's say 1.0, will only run from Block 1 to Block 5000 and then stop.
Then, version 1.1 will rum from Block 5001-10000, and so on. So we have five "hard forks" basically between blocks 1 and 25000 in which we can embed potential fixes or changes to the protocol without crippling the network, since old clients will just stop syncing at block X.
Since the bounds are known, I don't see a problem here.

(…)

Step 1 seems to be a very great idea
But the possebillty to reset the whole chain in step two would probably disappointing everybody externally intrested - because they are waiting for a couple of months to get on board, and now the mainnet starts - they maybe buy tokens from other - and would get ripped off by a reset.
Otherwise this model would be Great to get some media-Focus.
But Bad reviews from disappointed "late-investors" could be the a killing argument for this project...

Yes, I see a similar problem with step 2. I think there should be no going back. Hardforks are a good tool in principle, I advocated them some pages back, but I think rolling back the chain is a no-go. When a hardfork is applied, I think all balances MUST stay the way they are, no matter how unfair the distribution has become for whatever reason. If a miner is able to exploit a loophole, that should be considered a bounty.

I have to slightly soften on my firm position regarding roll-backs. We could tell exchanges not to trade XEL for the first 5000 blocks. OTC type of deals would still be possible, but should be redflagged as possible scams by the community.

However, a big problem will be, that potential job authors aren't necessarily token holders, so without some kind of trading, the "real world conditions" will not be as "real-worldly" as they should be.
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December 11, 2016, 04:53:54 PM
 #3022

I think another voting about the launch plan would be the best idea

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ttookk
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December 11, 2016, 04:56:42 PM
 #3023

I think another voting about the launch plan would be the best idea

Yeah, probably.

Although, to vote on something, you need more than one option. So what are the other options? Throw it out there and see what happens would be one…
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December 11, 2016, 05:23:07 PM
 #3024

nice to see some progress!

hopefully project can release before the end of this year.
I hope we could hear from Lannister , hope he's well. The entire workload is on EK . Not an easy job !

My " I want that Old Toyota Camry very bad" BTC Fund :1DQU4oqmZRcKSzg7MjPLMuHrMwnbDdjQRM
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December 11, 2016, 05:26:08 PM
 #3025

Elastic for the first time to quantify the method of idle computing resources through a distributed collection, which is the computer world of a revolutionary groundbreaking

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
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December 11, 2016, 05:35:07 PM
 #3026

Elastic for the first time to quantify the method of idle computing resources through a distributed collection, which is the computer world of a revolutionary groundbreaking
thanks to EK Nakamoto and all the other wonderful developers ! Revolution is about to happen !

My " I want that Old Toyota Camry very bad" BTC Fund :1DQU4oqmZRcKSzg7MjPLMuHrMwnbDdjQRM
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December 11, 2016, 05:41:31 PM
 #3027

Elastic for the first time to quantify the method of idle computing resources through a distributed collection, which is the computer world of a revolutionary groundbreaking
thanks to EK Nakamoto and all the other wonderful developers ! Revolution is about to happen !
Elastic theory can be combined with the world's computing resources is a real world computer.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
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December 11, 2016, 06:34:13 PM
 #3028

I love the development and all the work which is done for the project. For me the first release plan sounds great.
It is much more important to have a good and stable release than releasing early for some guys to cash out.
So for me it´s fine to take as much time as needed.

Whats an extra two or three weeks.  Small price to pay for a mature release which is predicated by this testing approach.

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December 11, 2016, 10:54:16 PM
Last edit: December 11, 2016, 11:20:14 PM by Evil-Knievel
 #3029

Just in case you guys wonder why I am so quiet ... I am working hard ;-)

Right now, we have decided to redo the elastic language and the parser (since the old one was poorly implemented to some extent).
It will have a lot more features, a more close-to-C programming language, it will support floats and hexadecimal representation of integers, it will have all sorts of mathematical functions, it will allow comments and also the unary- and postfix-operators will work fine.

Here is where the magic happens: https://github.com/OrdinaryDude/elastic-grammar
Should not take more than 2 days to finish it.

Ah, and I have moved to ANTLR4, away from the ugly LL2 parser we used before.

If "hackers want to hack on the parser", just to "mvn compile" and "mvn exec:java" to parse the simple program in prog.pl
As always: work in progress..

Why changing a running system? Because it can be done better ;-) The core language is an essential part that will stay there forever, so if it can be made better (which it can), we have to make it better!

Just some off topic dreaming ;-) ElasticPL will not crash, it will not be exploitable, it is memory and cpu bound, and it will not be turing complete. This allows us to do miracles ;-) Maybe someone will eventually fork Ethereum and use ElasticPL as the contract language => no overprovisioning in terms of complexity, no reentrancy issues, no "gas concept", no DAO debacles, just performing as it should  Wink
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December 11, 2016, 11:33:52 PM
 #3030

Did HMC agree to continue with his contribution in regard to testing and debugging? Any news on that?
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December 11, 2016, 11:36:26 PM
 #3031

Why changing a running system? Because it can be done better ;-) The core language is an essential part that will stay there forever, so if it can be made better (which it can), we have to make it better!

Just some off topic dreaming ;-) ElasticPL will not crash, it will not be exploitable, it is memory and cpu bound, and it will not be turing complete. This allows us to do miracles ;-) Maybe someone will eventually fork Ethereum and use ElasticPL as the contract language => no overprovisioning in terms of complexity, no reentrancy issues, no "gas concept", no DAO debacles, just performing as it should  Wink

Sounds good to me.  Cool
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December 11, 2016, 11:39:52 PM
Last edit: December 11, 2016, 11:56:09 PM by Evil-Knievel
 #3032

Also, we will at some point in time have to throw away the shitty whitepaper that we have and that cannot be made worse ;-) We have so much knowledge collected during the last year:

- Retargeting Mechanisms for our "blockchain in the blockchain POWs"
- Own Programming Language
- A good concept to safely submit bounties (HMC's bounty announcements)
- The deterministic input integers to keep work unstealeable (also HMC's contribution)
- And many many more little things

If we can come up with a cool paper, I will personally try to come up with some funds (which are rather scarce on my end at the moment lol) so a few of us can present it at some top notch conference (and have the one or another Dom Perignon afterwards together) Wink
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December 11, 2016, 11:49:03 PM
Last edit: December 12, 2016, 12:20:08 AM by Evil-Knievel
 #3033

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin
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December 12, 2016, 12:24:52 AM
 #3034

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin
not to pump or anything, but I think Elastic will be a very big news in 2017. Thank you EK for your passion and hard work !

My " I want that Old Toyota Camry very bad" BTC Fund :1DQU4oqmZRcKSzg7MjPLMuHrMwnbDdjQRM
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December 12, 2016, 12:27:45 AM
 #3035

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin

NY would certainly be the biggest exposure. 

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December 12, 2016, 01:08:23 AM
 #3036

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin

NY would certainly be the biggest exposure. 
sounds crazy, but any conferences in China ? Biggest BTC exchanges now in China I believe.

My " I want that Old Toyota Camry very bad" BTC Fund :1DQU4oqmZRcKSzg7MjPLMuHrMwnbDdjQRM
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December 12, 2016, 01:16:16 AM
 #3037

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin

NY would certainly be the biggest exposure.  
sounds crazy, but any conferences in China ? Biggest BTC exchanges now in China I believe.

There just was one in Shanghai, China in November 2016. I would love to visit china, ... this is where most of today's innovations come from!
I hope there will be one in your country soon  Wink
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December 12, 2016, 01:29:59 AM
 #3038

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin

NY would certainly be the biggest exposure.  
sounds crazy, but any conferences in China ? Biggest BTC exchanges now in China I believe.

There just was one in Shanghai, China in November 2016. I would love to visit china, ... this is where most of today's innovations come from!
I hope there will be one in your country soon  Wink
hope so too. Exchanges like Yunbi add lots of value to the coins they represent. Since Chinese government is determined to devalue Yuan to attract foreign businesses, the wealthy Chinese have been very attracted to BTC and other crypto currency as a mean to preserve their wealth.

My " I want that Old Toyota Camry very bad" BTC Fund :1DQU4oqmZRcKSzg7MjPLMuHrMwnbDdjQRM
Join the Elastic revolution! Elastic Network: The Decentralized Supercomputer 
ELASTIC WEBSITE|ANNOUNCEMENT THREAD|JOIN THE SLACK
cyberhacker
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December 12, 2016, 04:38:42 AM
 #3039

Maybe the Consensus in May 2017, Big Apple?
Or the Blockchain & Smart Contracts in February, Berlin? (I guess the paper deadline could be somewhat "tough")
Then there is also the Blockchain & Bitcoin Conference, March 2017 in Estonia.
And there is also the The Blockchain Africa Conference, also in March 2017 in South Africa.

Or we just host our own conference  Grin

NY would certainly be the biggest exposure.  
sounds crazy, but any conferences in China ? Biggest BTC exchanges now in China I believe.

There just was one in Shanghai, China in November 2016. I would love to visit china, ... this is where most of today's innovations come from!
I hope there will be one in your country soon  Wink

welcome man!

if you wanna visit China, just let me  know. i do believe one of well know blockchain startup has great interest to meet you.

cheers.
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December 12, 2016, 07:57:51 AM
 #3040

nice to see some progress!

hopefully project can release before the end of this year.
I hope we could hear from Lannister , hope he's well. The entire workload is on EK . Not an easy job !

I think Lannister would probably not be able to reduce EK's workload by himsef as he's not developer.
He could eventually attract more people with his BTC, but I'm pretty sure he's gone for good, and we won't hear from him anymore.
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