Differences between Golem (GNT) and iEx.ec (RLC)

[pereira4]

Im interested in these 2 projects but they seem to alike. Can anyone explain with detail the following questions?

1) What are the differences from this project compared to Golem? Because this sounds like Golem. What does this that Golem can never do? and what can Golem do that this can never do?

2) What is the final total supply?

3) Is there any inflation?

4) Is there anything that holders can do to get more coins? in the form of masternodes, mining, dividends, whatever

[GTTIGER]

The difference is that xel is better than both 

[cryptohunter]

no difference both insta ico scams

decentralised supercomputer insta ico scams are all the rage there will be a bunch of them soon just avoid until one comes out of vapour and is proven actually useful in some real world scenario in its working form.

[Johnny00]

The difference is that xel is better than both 

You sure about that?

http://elastic.pw/blog/2017-04-15-status-of-lannister-and-ico/

[GTTIGER]

The difference is that xel is better than both 

You sure about that?

http://elastic.pw/blog/2017-04-15-status-of-lannister-and-ico/

Lannister is gone but development is still moving on. Amazingly resilient team.

[pereira4]

no difference both insta ico scams

decentralised supercomputer insta ico scams are all the rage there will be a bunch of them soon just avoid until one comes out of vapour and is proven actually useful in some real world scenario in its working form.

You need more proof and arguments when you accuse something of being a scam. Why do you call it a scam? The software is already out there. What is missing for you to call it vaporware?

Vaporware is software that is not even released (if that is what you mean by vapour). As far as I know the clients are out there already and work??

[cryptohunter]

no difference both insta ico scams

decentralised supercomputer insta ico scams are all the rage there will be a bunch of them soon just avoid until one comes out of vapour and is proven actually useful in some real world scenario in its working form.

You need more proof and arguments when you accuse something of being a scam. Why do you call it a scam? The software is already out there. What is missing for you to call it vaporware?

Vaporware is software that is not even released (if that is what you mean by vapour). As far as I know the clients are out there already and work??

Initial distribution is very important if not why worry if something is instamined or premined?
Why?
Because Insta ICO's make manipulating the market very very easy.

That is why fair launch POW is the best way to distribute.

All ico's on here are open to gross manipulation however if they are well advertised and open ended and everyone has fair reasonable opportunity to share some of the initial distribution it makes it hard for collusion and manipulation in the marketplace. Ie the product will be more likely to find fair value. If a few people hold the bulk of the minting then of course it is easy to control the market as they like hoarding it, selling it to themselves over and over creating fake volume and bottom prices ....then entire thing is wide wide open to being a scam.

These decentralised super computer projects including gnt maid rlc .... who is using them? what proof is there yet they are going to become truly useful over more centralised solutions or that people will really bother with them?  what stopping 100's of them arriving? i see a few more popping up already what happens when you have 500 of them ? will this be a race to the bottom for people letting them use their computing power? will it become even worth it for people?

Sounds like a fantastic idea in theory let's see how it goes in practice before they are all valued at 100's millions of dollars.

Let's have one with an initial distribution that does not look like it is open to become a manipulated scam token straight away.

Insta ico's are the latest way for devs and insiders to pull a scam on here so don't fall for it.

[klarki]

The difference is at least in the formation of the final price.

[J_A_Bankster]

no difference both insta ico scams

decentralised supercomputer insta ico scams are all the rage there will be a bunch of them soon just avoid until one comes out of vapour and is proven actually useful in some real world scenario in its working form.

You need more proof and arguments when you accuse something of being a scam. Why do you call it a scam? The software is already out there. What is missing for you to call it vaporware?

Vaporware is software that is not even released (if that is what you mean by vapour). As far as I know the clients are out there already and work??

Initial distribution is very important if not why worry if something is instamined or premined?
Why?
Because Insta ICO's make manipulating the market very very easy.

That is why fair launch POW is the best way to distribute.

All ico's on here are open to gross manipulation however if they are well advertised and open ended and everyone has fair reasonable opportunity to share some of the initial distribution it makes it hard for collusion and manipulation in the marketplace. Ie the product will be more likely to find fair value. If a few people hold the bulk of the minting then of course it is easy to control the market as they like hoarding it, selling it to themselves over and over creating fake volume and bottom prices ....then entire thing is wide wide open to being a scam.

These decentralised super computer projects including gnt maid rlc .... who is using them? what proof is there yet they are going to become truly useful over more centralised solutions or that people will really bother with them?  what stopping 100's of them arriving? i see a few more popping up already what happens when you have 500 of them ? will this be a race to the bottom for people letting them use their computing power? will it become even worth it for people?

Sounds like a fantastic idea in theory let's see how it goes in practice before they are all valued at 100's millions of dollars.

Let's have one with an initial distribution that does not look like it is open to become a manipulated scam token straight away.

Insta ico's are the latest way for devs and insiders to pull a scam on here so don't fall for it.

You seem such a doom thinker man... Like everything else that is decentralised also cloud computing offers great opportunities and yes, we need to wait for the first real world utility to take foothold... it takes patience for sure... For me IEX RLC seems the best pick as Ethereum is the epicenter of the crypto universe now... those devs will start pumping out business applications soon enough... i trust in that... these guys are not playing around in their parents basements no longer..

coolest idea about RLC i read so far:

https://steemit.com/iexec/@dana-edwards/iex-ec-could-be-the-end-of-mining-pools-and-perfect-for-decentralization-of-mining

https://steemit.com/ethereum/@dana-edwards/the-automated-investor-possible-with-the-help-of-ai-and-unlimited-computation

Obviously I have no crystal ball nor inside knowledge but if there is still a crypto section out there that can make a superjump like btc, eth and xrp have made so far.. it will be the supercomputer tokens like ngt and rlc... the last chance for overnight millionaire chances in crypto... im loading up ))

[I like ur coin]

I think the difference is that iEx.ec is buying their own servers, while Golem is using users' computers.

Both for primarily doing computational work, I'm guessing from a quick gloss of their sites.

Is that right?

[cryptonia]

https://www.reddit.com/r/iexec/comments/64dt4s/difference_between_golem_and_iexec/

There are similarities and differences between iEx.ec and Golem. In term of vision, iEx.ec aims at building a blockchain-based distributed Cloud, while Golem aims at building a worldwide supercomputer.In term of technology, we benefit from our background in distributed computing. We developed several software on top of which iEx.ec is being built and those software have already being used to build distributed computing infrastructures.
In term of products, we're not addressing the same markets at the same time. iEx.ec is targeting at the first place blockchain-based applications that require extra data, extra applications and extra compute capacities. As we understand Golem, they first target HPC (or let's say HTC, High Throughput Computing) using GND as a mean of payment. The distributed Cloud provided by iEx.ec will enable a larger range of applications, as the iEx.ec network will enable the applications for which the centralized Cloud is a limiting factor. This includes: blockchain-based applications, IoT +Big Data, distributed machine learning, ambient AI, VR, Edge/Fog computing, smart cities/buildings, etc...
We think that Golem and iEx.ec are somehow both competing against centralized Cloud providers. So I hope that in the future, there will be enough synergy between the two projects to pool our strengths.

[cryptonia]

https://www.reddit.com/r/GolemProject/comments/60q5e3/how_is_iexec_a_new_proposed_ethereumbased/

Hello everyone,
I'm Gilles from iEx.ec.
I want to clarify some assertion concerning iEx.ec. At iEx.ec we have a lot of respect for Golem ! They have been able to build a great community and I am sure that they will reach outstanding achievements. Golem's goal is to build a world wide supercomputer.
Nevertheless, iExec has a different vision. Our goal is to decentralize Cloud computing. Build a distributed network thanks to the Ethereum blockchain where anyone can monetize their applications, servers and datasets. So anyone can request any computing resources from the blockchain. This is fully decentralized.
So the assertion "iEx.ec starts as a fully centralized application" is very wrong. iEx.ec computing resources are organized in worker pools (like miner pools with Ethereum). And, as a worker, you can join a worker pool. But if you prefer, you can run your own oracle/scheduler/worker, exactly like mining with an Ethereum full node. If you want to start your worker pool, you are very welcome to do it.
Question why do we organize workers in worker pool and not in a flat P2P network ? Because to obtain performance you need algorithms that "schedule" tasks to computing resources. For instance, we designed with Mircea Moca a couple of years ago an algorithm* that allows for scheduling with multi-criteria decision (i.e.. I want to favor performance over costs). Such an algorithm would be totally inefficient in a P2P network, and cannot be executed by the EVM -- at least now. So, here, we need a component, called the scheduler that implements this algorithm. But this is just an example of course to explain our architecture.
I just want to explain our approach. If you want to know more about iExec, you can read our white paper, which contains many technical and business details.
It's true that we focus on Dapps now as our primary objective in term of GTM strategy. But we already allow for various applications including scientific ones. At the moment we're working on tensor flow, a well known deep learning framework, just to give you an exemple.
Moca, M., Litan, C., Silaghi, G. C., & Fedak, G. (2016). Multi-criteria and satisfaction oriented scheduling for hybrid distributed computing infrastructures. Future Generation Computer Systems, 55, 428-443. https://hal.inria.fr/hal-01239218/document

[cryptonia]

Golem. From coinmarketcap

Market Cap
$191,533,960
117,754 BTC
Volume (24h)
$8,031,920
4,938 BTC
Circulating Supply
820,000,000 GNT
Total Supply
1,000,000,000 GNT

RLC

Market Cap
$48,494,376
29,814 BTC
Volume (24h)
$400,357
246.14 BTC
Circulating Supply
78,070,793 RLC
Total Supply
86,999,785 RLC

[e-coinomist]

https://www.reddit.com/r/iexec/comments/64dt4s/difference_between_golem_and_iexec/

We think that Golem and iEx.ec are somehow both competing against centralized Cloud providers. So I hope that in the future, there will be enough synergy between the two projects to pool our strengths.

Don't underestimate the bandwidth problem of the cloud. Bandwidth between nodes beeing the bottleneck. This grows worser the more distributed the server locations get sprawled out. Centralized providers got a sure advantage there!

Golem. From coinmarketcap

GNT
Volume (24h)
$8,031,920

RLC
Volume (24h)
$400,357

Twenty times difference! Only watching trades of that day. But tells you the first is hot, the second not .. so much. Since my advice goes mostly into the direction of distributing the resources onto more than one single egg inside the whole basket: Buy 70% Golem, 30% iEx.ec and keep watching GRC Gridcoin again.

[adhitthana]

Twenty times difference! Only watching trades of that day. But tells you the first is hot, the second not .. so much.

Well RLC is on Trex but not on Polo. If RLC was on Polo I'm sure the volume would be a lot higher.

 

Since my advice goes mostly into the direction of distributing the resources onto more than one single egg inside the whole basket: Buy 70% Golem, 30% iEx.ec and keep watching GRC Gridcoin again.

Hmm...maybe. Though I think RLC has more chance of going up 5 times than Golem, but it probably needs to be added to Polo to do that.
Mind you these things are hard to predict...haha 

[e-coinomist]

Hmm...maybe. Though I think RLC has more chance of going up 5 times than Golem, but it probably needs to be added to Polo to do that.
Mind you these things are hard to predict...haha 

The reasoning behind spreading out funds across several similar assets. Some could turn out to be duds, or straightforward traps.
Now 3 days later Golem made +5.29% and on a reclyning trade volume, so often volume and value move proportionally and that signs selling.
Unsure about "just holding" or moving back in later again. Possibility of a small rebound.

[8man]

Hi,

Basically, Golem's goal is to build an accessible-to-everyone, distributed, supercomputer.

iExec's goal is to build a distributed network where anyone can monetize their computing resources and servers.

[Elsada]

I think the difference is that iEx.ec is buying their own servers, while Golem is using users' computers.

Both for primarily doing computational work, I'm guessing from a quick gloss of their sites.

Is that right?

Yes, it's a good explanation for two projects but It seems Golem is more interested by many investors.
Volume  of Golem on the bittrex exchange is bigger than iEX.

[8man]

I think the difference is that iEx.ec is buying their own servers, while Golem is using users' computers.

Both for primarily doing computational work, I'm guessing from a quick gloss of their sites.

Is that right?

iEx.ec don't buy their own servers. As I said, iExec's goal is to build a distributed network where anyone can monetize their computing resources and servers.

[8man]

The 2 projects first goal (6 months after the end of the crowdsale):

"Brass Golem" proof-of-concept, in alpha testing now, is focused on rendering in Blender and LuxRender, it will be useful to CGI artists.

"iEx.ec v1" will allow DApps to launch off-chain computations and retrieve the results. Part of the solution to ETH's gas price problem (http://www.coindesk.com/ethereums-double-edged-sword-will-rising-price-hurt-users/)