[ANN][XEL] Elastic Project - The Decentralized Supercomputer

[devking]

+1 for foundation with some funds. I think fund allocation is not possible without any client lite or main. If main is going to take months, better release a lite version to redeem coins.

[cyberhacker]

+1 for foundation with some funds. I think fund allocation is not possible without any client lite or main. If main is going to take months, better release a lite version to redeem coins.

EK won't force 10% donation.


BUT, we can donate for 10% donation, and i strongly believe we community will vote for 10% to foundation!

[devking]

Yes. Not to fix percentage. But I'm willing to donate good amount to foundation. I'll vote for lite client if no main net soon.

[mr.coinzy]

I can not understand how people believe that releasing without any of the important features this project is building to deliver is a good idea. If we release just a lite client with only the basic functionality of transferring coins we will be losing so much momentum we have been gearing for at release. Elastic can and should be the the first project to release a working system (even if limited). The system doesn't have to be perfect with 100% functionality, but at least with some of the features to give it an edge over other non working projects.
I strongly believe we should not release before we have at least a Minimum Viable Product.

We have trusted EK thus far and with good reason. HE DELIVERS!
We should give him the time he needs for an MVP at minimum.

If you believe that more devs are needed and that funding will be a must for that than we can raise donations for a foundation (voluntary donations, not forced as some wish to have).

I do not see a problem with having a product that releases updates and improved usability over time, but we do need to release with a minimally working product of satisfactory stability at least.


* Another point i wanted to make is that before release we also need enough materials available for pr purposes and for people to understand what is elastic and how it works. currently the website and materials are not even close to be satisfactory in this regard. voting for a new logo is nice, but it is far from being enough when launching a product...

[bitcoinpaul]

Fuck the lite version. It's a stupid wish by some impatient donators.

Wait for the complete beast.

[provenceday]

I can not understand how people believe that releasing without any of the important features this project is building to deliver is a good idea. If we release just a lite client with only the basic functionality of transferring coins we will be losing so much momentum we have been gearing for at release. Elastic can and should be the the first project to release a working system (even if limited). The system doesn't have to be perfect with 100% functionality, but at least with some of the features to give it an edge over other non working projects.
I strongly believe we should not release before we have at least a Minimum Viable Product.

We have trusted EK thus far and with good reason. HE DELIVERS!
We should give him the time he needs for an MVP at minimum.

If you believe that more devs are needed and that funding will be a must for that than we can raise donations for a foundation (voluntary donations, not forced as some wish to have).

I do not see a problem with having a product that releases updates and improved usability over time, but we do need to release with a minimally working product of satisfactory stability at least.


* Another point i wanted to make is that before release we also need enough materials available for pr purposes and for people to understand what is elastic and how it works. currently the website and materials are not even close to be satisfactory in this regard. voting for a new logo is nice, but it is far from being enough when launching a product...

people will learn fast.

like Bitcoin and like Ethereum.

[BTCspace]

Fuck the lite version. It's a stupid wish by some impatient donators.

Wait for the complete beast.

let's people vote for this.

[devking]

I don't care about lite or main but for foundation. Tech wise this is an excellent project. For mass adoption we need good PR and website and some how to's. Without these, it would take some time. My main concern is what will happen after main net release if EK not available. We need a foundation to take care of these activities and to run one, we need funds. Everyone will not work for free like our community.

[wizzardTim]

I'd like the first release to contain something innovative and not just sending/receiving tokens. But the community can vote on this.

[teletobi]

We can't force a 10% donation.

What we can do is set up a Thread in the XEL Forum where everyone can tell how much he is willing to donate.
As we are a quite good Community here, I think the most would take this as binding for them. That way we could see how much a foundation could acquire.

[dumple]

Make the lite version redeem take 40% of the XEL and put it into the dev fund. When the full version is released, allow for 100% redeem for those who waited.

[by rallier]

guys.
We should focus documentation for Elastic.
Before we discussed : https://talk.elasticexplorer.org/t/faq-for-the-website/122/4
What do you can?
- Ask new question to @dev
- @dev will reply
- prepare dev replies for publish 

[tomkat]

Probably more likely that he doesn't know the timeline much more than us. He probably has a to-do list he is working on. And for every item he checks off, one or two more gets added. Holding him to a timeline for a launch would be ridiculous.

This is my fear and why I am for getting getting something deployed.  I believe the more we test, the more we realize better ways to provide more flexibility / value to xel job authors and it becomes a never ending cycle.  Ideally, I think it would be best if a solid version that includes basic ElasticPL functionality is deployed...but even with that we now have a couple question...do we stick with the POW model we have?, EK identified some issues with the underlying memory model so we need to determine if changes are needed there, etc...and this was just in the last 24 hours.

Hopefully, people won't make their decision based on the bubble crypto is currently in...not sure how much longer it will be but I've got to believe this bubbles going to crash and we'll be right in the middle of that...so you won't see the huge influx of buyers.  I base what I recommended to do solely on what I feel may help us get more devs to pick up some of the more mundane code fixes while EK continues to explore new use-cases.  But I could be completely wrong  

Guys, you should listen to coralreefer (and provenceday - see his previous posts). coralreefer and EK know the major issues, so if the main problem for now is the POW, then we should ask them to focus on that, and then (if that's the only major issue) release the first version. That version should include basic wallet functionality + the first computing-related features.

Forget about launching the finished product because it won't happen. There's no way EK is able to develop everything and then just launch finished product - it's always something that needs to be modified, so I think unvoid has the point that Elastic needs more market-oriented progress in order to get a critical mass for further development.

Elastic is mature enough to be launched even as bare wallet, with all in-progress features scheduled for staggered deployment. That's common strategy and there's nothing wrong with it. I personally think that "it's-ready-when-it's-ready" approach is really bad idea.

[chinadaye]

There is a suggestion:
1, release Lite
2, released at this stage has been completed functional version
3, waiting time to release the most perfect version

Choose one of the options to vote

[mladen00]

IMHO we need to wait 4 functional version

[tomkat]

There is a suggestion:
1, release Lite
2, released at this stage has been completed functional version
3, waiting time to release the most perfect version

Choose one of the options to vote

@chinadaye: link in your signature goes to elastic-project.com but that domain is not used anymore

IMHO we need to wait 4 functional version

Ok, but what is the "functional version" and how long are we going to wait...?

[chinadaye]

There is a suggestion:
1, release Lite
2, released at this stage has been completed functional version
3, waiting time to release the most perfect version

Choose one of the options to vote

@chinadaye: link in your signature goes to elastic-project.com but that domain is not used anymore

Will be updated over

Forget to say, BTC is also imperfect also in accordance with the market constantly in the direction of adjustment, if you ignore this point to the present estimates will not be released, ETH is also a phased implementation plan, any encryption projects are constantly evolving, It is quite normal because of new requirements and technical adjustments at different stages of operation

[nightwishx]

There is a suggestion:
1, release Lite
2, released at this stage has been completed functional version
3, waiting time to release the most perfect version

Choose one of the options to vote

@chinadaye: link in your signature goes to elastic-project.com but that domain is not used anymore

Will be updated over

Forget to say, BTC is also imperfect also in accordance with the market constantly in the direction of adjustment, if you ignore this point to the present estimates will not be released, ETH is also a phased implementation plan, any encryption projects are constantly evolving, It is quite normal because of new requirements and technical adjustments at different stages of operation

Nothing is immaculate in this world.
crypto society makes unceasing progress.

[BTCspace]

There is a suggestion:
1, release Lite
2, released at this stage has been completed functional version
3, waiting time to release the most perfect version

Choose one of the options to vote

@chinadaye: link in your signature goes to elastic-project.com but that domain is not used anymore

Will be updated over

Forget to say, BTC is also imperfect also in accordance with the market constantly in the direction of adjustment, if you ignore this point to the present estimates will not be released, ETH is also a phased implementation plan, any encryption projects are constantly evolving, It is quite normal because of new requirements and technical adjustments at different stages of operation

you have a good point, personally, i prefer people can change their hands and sell XEL.
so we can go bigger later.

[by rallier]

release Lite is not bad suggestion.
In normally, first release for traders / holders & exchanges. Dont forget, best PR is exchange on market That's normally. We can do too