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Author Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer  (Read 449639 times)
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devking
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May 31, 2016, 04:48:43 AM
 #781

I have donated few btc again. But got less coins now Angry. Waiting for first release.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
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Sam123
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May 31, 2016, 05:24:16 AM
 #782

Me too will invest more but in the end of the ico
gtzanap
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May 31, 2016, 01:09:39 PM
 #783

Me too will invest more but in the end of the ico

If you want to invest, the sooner the better. The amount of coins you get goes down everyday until the end of ICO period

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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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NutMasterTardd
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May 31, 2016, 01:28:21 PM
 #784

Me too will invest more but in the end of the ico

If you want to invest, the sooner the better. The amount of coins you get goes down everyday until the end of ICO period

Yeah waiting is going to minimize the amount of tokens you will get, it's a lot smarter to buy now so you can get as many as you can.
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June 01, 2016, 01:24:01 AM
 #785

Interesting project, I will evaluate the possibility of investing.
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June 01, 2016, 06:16:07 AM
 #786

Small update, and very small delay,

today and tomorrow, I am at a conference. I will try to give many screenshots and maybe a video and put the source code on a public git during these two days.
Setting up a demo publicly, so that people can try the wallet functionality without setting up their own node, requires a few more steps: one of the most important ones .. a faucet. It obviously won't work if all testers get access to the same address (that one that holds the demo funds).

Expect leaked code, screenshots, videos, ... shortly.
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June 01, 2016, 08:49:20 AM
 #787

I was a rookie, when I was in ICO with BTC core version 0.12.1, the BTC sent to your designated account, and then I backed this BTC wallet. This is not to be able to get credits ICO's XEL friends. . .

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June 01, 2016, 08:53:31 AM
 #788

Backup BTC wallet, it wallet.dat this document, it is not you can get XEL? ? ?

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June 01, 2016, 09:31:55 PM
Last edit: June 01, 2016, 09:57:31 PM by Evil-Knievel
 #789

Sorry for the delays,

There is a lot to do at the moment, the conference that I am attending currently consumes a lot of time and all appointments seem to take place at once ... this week-

Anyway, I think I have done a lot of progress here - even though we are slightly behind the originally planned schedule (whoever planned it, i didn't). I am giving my best to keep up with it, but it would be nice to get some help by one or two more coders who are willing to put some serious time into it.
I am doing it for free (I will never actively ask Lannister for any continuous reward or a salary for my work), in my spare time but yet with full enthusiasm ... so please don't blame me Wink I donated myself and this is my "driver". I want to be able to one day use my XEL to get my research done quicker.

At the current stage we have a coin that has all the basic functions working and it has the protocol extentions working. That means, beyond all the basic stuff like sending coins and messaging other users, the elastic coin users can create new work, cancel it, refund, and so on. All is nicely integrated into the UI. What is still missing is that the actual "work" is done and verified for correctness. This will be the next step and this is developed in a separate github repository. I (or we, I still hope to get some more people working with me) will merge it into the core client once it works rock solid.

What we have now can be executed by anyone locally. If we had a bootstrap node, which we will soon have, we could also test it on the public test net. But before rolling out a demo that runs on a public server (in form of a hosted wallet, so the average joe can try it out without compiling anything) we will need a faucet. Maybe someone wants to do one? After we launch, this faucet might be cool to have anyways.

I have worked 14 hours now today, straight without any break, so I decided not to write much and do screenshots, but to record a small VLOG for those who are interested.

Please, excuse the video quality (and my cursing in between). I have bought an iPad pro and thought it would be a serious performer ... the video looks as if it was recorded with a potato though. I will make something better once I have more time, but the conference has higher priority atm.


I made the code (without the verifiable computation branch) public here. Forgive me, that I did not have the time yet to explain everything and make a detailed tutorial/howto:

https://github.com/OrdinaryDude/elastic-reference-client



Click to watch the ~1/2hour VLOG: (Attention: Recorded with a Potato!!)


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June 01, 2016, 09:48:38 PM
 #790


I havent watched the video so far but i think i speak for all of us here while saying a big THANK YOU! I didnt know that you are not involved in the donations and can say on my behalf that i am more than willing to share my rewards with you once the project proceeds.
I also hope that some coders will join in, unfortunately i am no coder myself, apart of some CSS and Html. Wink
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June 01, 2016, 10:00:24 PM
 #791

That video is impressive.  Grin
Did you do all of that on your own?  Roll Eyes

Good job, EK.

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June 02, 2016, 04:12:13 AM
 #792

I really do not understand the wallet, also used the Google language, you may not understand, if you know what I mean, I hope you will answer my questions, thank you. ICO is when I use the BTC wallet: Version 0.12.1, I do not know whether. I send BTC to the official address. And wallet inside a man named: File - Backup wallet. It is not able to get my money XEL this matter?
Can you understand what I said?

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June 02, 2016, 05:10:07 AM
 #793

Interesting!  Going to keep an eye on this closely.  The small print in the OP Terms and Conditions nearly made me click away.. but something... just something, gives me confidence in this project.....

Reading more, i am a little confused about the donation part.

"Please make sure, that you keep the private keys to the bitcoin addresses you used to send the donated BTC from in a safe place. All XEL are being sent to the public key associated with these addresses."

So when a person sends Bitcoin, the XEL does not appear on the website (like a usual ICO) but they are sent to the public key of the bitcoin address? Is that right? How does that work please. How do i have access to the coins?

Say my Name.
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June 02, 2016, 06:20:18 AM
 #794

So when a person sends Bitcoin, the XEL does not appear on the website (like a usual ICO) but they are sent to the public key of the bitcoin address? Is that right? How does that work please. How do i have access to the coins?

Better, they appear on Github. To be precise, they get appended to the bottom of this file:
https://raw.githubusercontent.com/elastic-project/genesis-block/master/genesis-block.json

As you have seen above, you log in with a passphrase (same concept as in NXT) where your passphrase if your "brainwallet".

Thee will also be an option to:
a) log in with your Bitcoin private key (to find the coins from the genesis block in there)
and b) log in with your Passphrase and "swipe" the Elastic Coins from your Bitcoin private key to your new account.

All this works without your private key ever leaving your computer (even when using a hosted wallet).
Limx Dev
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June 02, 2016, 09:11:54 AM
 #795

Is a really nice video but buy please a http://www.ebay.de/itm/ArktisPRO-mobiles-Profi-Stativ-inkl-iPad-Halterung-/262156250880?hash=item3d09baef00:g:9KkAAOSwys5WUrDU




Best Regards ^^
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June 02, 2016, 10:36:45 AM
 #796

"See the iPhone in action."  Grin

Very cool, perhaps the bounties could be used to get you some help on the engine coding?
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June 02, 2016, 04:54:50 PM
 #797

So when a person sends Bitcoin, the XEL does not appear on the website (like a usual ICO) but they are sent to the public key of the bitcoin address? Is that right? How does that work please. How do i have access to the coins?

Better, they appear on Github. To be precise, they get appended to the bottom of this file:
https://raw.githubusercontent.com/elastic-project/genesis-block/master/genesis-block.json

As you have seen above, you log in with a passphrase (same concept as in NXT) where your passphrase if your "brainwallet".

Thee will also be an option to:
a) log in with your Bitcoin private key (to find the coins from the genesis block in there)
and b) log in with your Passphrase and "swipe" the Elastic Coins from your Bitcoin private key to your new account.

All this works without your private key ever leaving your computer (even when using a hosted wallet).

Using the Private keys to Bitcoin seems like the most unsafe thing a person can do.

What am i missing here, why has it been made this way, it is a little confusing. Or just seems that way.


Say my Name.
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June 02, 2016, 05:23:27 PM
 #798

Sorry for the delays,

There is a lot to do at the moment, the conference that I am attending currently consumes a lot of time and all appointments seem to take place at once ... this week-

Anyway, I think I have done a lot of progress here - even though we are slightly behind the originally planned schedule (whoever planned it, i didn't). I am giving my best to keep up with it, but it would be nice to get some help by one or two more coders who are willing to put some serious time into it.
I am doing it for free (I will never actively ask Lannister for any continuous reward or a salary for my work), in my spare time but yet with full enthusiasm ... so please don't blame me Wink I donated myself and this is my "driver". I want to be able to one day use my XEL to get my research done quicker.

At the current stage we have a coin that has all the basic functions working and it has the protocol extentions working. That means, beyond all the basic stuff like sending coins and messaging other users, the elastic coin users can create new work, cancel it, refund, and so on. All is nicely integrated into the UI. What is still missing is that the actual "work" is done and verified for correctness. This will be the next step and this is developed in a separate github repository. I (or we, I still hope to get some more people working with me) will merge it into the core client once it works rock solid.

What we have now can be executed by anyone locally. If we had a bootstrap node, which we will soon have, we could also test it on the public test net. But before rolling out a demo that runs on a public server (in form of a hosted wallet, so the average joe can try it out without compiling anything) we will need a faucet. Maybe someone wants to do one? After we launch, this faucet might be cool to have anyways.

I have worked 14 hours now today, straight without any break, so I decided not to write much and do screenshots, but to record a small VLOG for those who are interested.

Please, excuse the video quality (and my cursing in between). I have bought an iPad pro and thought it would be a serious performer ... the video looks as if it was recorded with a potato though. I will make something better once I have more time, but the conference has higher priority atm.


I made the code (without the verifiable computation branch) public here. Forgive me, that I did not have the time yet to explain everything and make a detailed tutorial/howto:

https://github.com/OrdinaryDude/elastic-reference-client



Click to watch the ~1/2hour VLOG: (Attention: Recorded with a Potato!!)




Very informative video.  Thanks for putting this together, it really clarified a lot of my questions.
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June 02, 2016, 06:14:34 PM
 #799

EK,
Thank you very much for your hard work. 14 hours of work is a lot. Have some sleep
Take care
gtzanap
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June 02, 2016, 07:20:14 PM
 #800


Using the Private keys to Bitcoin seems like the most unsafe thing a person can do.

What am i missing here, why has it been made this way, it is a little confusing. Or just seems that way.



Why is it unsafe? Seriously, I don't see the problem.

As to why they did it, I suppose its for convenience and transparency. We can already see what addresses get what amount of coin in the genesis block. We can all recognize our own address yet the info is still private because only we know which transactions refer to us.

No need to sign up on a web site, declare XEL addresses when wallets are available, etc etc. Tbh, the system seems excellent.

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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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