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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 199193 times)
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July 03, 2017, 08:17:51 AM
 #1401

$1 billion dollar market cap by 2019, I'll quote this post when it happens.

It will happen before 2019!

Maybe... but ICO price was just 800 satoshi and people are dumping elastic to fix their huge profit. I don't really expect the price to rise until this sell off is over.

how is this project better than golem network? how far is the "supercomputer" tech from being ready?

Prototypes are already running but a final version is (imo) still some months away.

There are several differences in comparison to Golem. One is for example that Elastic allows custom work-jobs being processed using an own programming language. While Golem focuses (at least at the moment) on predefined jobs and only very very longterm could handle custom designed work jobs.


But it may happen that Golem's predefined jobs could be much faster and more secure than Elastic's custom jobs. We have seen a video where Bitcoin was mined, how can we make sure that a custom job doesn't contain malware.


That's an excellent question.  I'm not the expert in Elastic PL, but I don't think you could write malware in such a custom built language.  If I'm wrong, please correct me.

This is a really good question. I'm pretty sure for now, the answer is yes, you can write malware on it.

However, I am pretty sure, those working on Elastic are aware of that. For example, this is where the supernodes discussion came from: possible ways to fuck up Elastic would be to write jobs which contain infinite loops or jobs with absurdly high complexity, so supernodes were proposed as gatekeepers, looking over job code, before aproving it.

I think supernodes are still being tentative, and coralreefer isn't really happy with them afaik

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July 03, 2017, 09:02:11 AM
 #1402

I have faith in this project. Since i dont know who is behind it, i'm worry, but for majority of investors i think some more transparency is needed. Also some news about the project should be released on BTC related news sites, so more people would know about it.

This project has anon devs and active community members (to the most part at least). In my eyes these core members in this project have proven themselves reliable and trustworthy much more than most less anon individuals in other projects. Facts speak for themselves.
Those who feel too uneasy with people keeping their privacy, should look elsewhere.
Those who can see the true value and potential in this cutting edge project, and have faith in the people who are involved in it, are more than welcome to be part of this community and get involved.
I agree that more PR and information should be supplied to the general public at large and the crypto sphere community in specific. I have no doubt that this will progress as we move on forward.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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July 03, 2017, 10:44:53 AM
 #1403



That's amazing work.

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July 03, 2017, 03:02:15 PM
 #1404

non increasing supply - 30mill starting point from exchange, amazing unique tech, this one is ready for x 100
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July 03, 2017, 03:21:34 PM
 #1405

what is the sending fee ?!

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July 03, 2017, 03:39:20 PM
 #1406

what is the sending fee ?!

It is fixed to 0.1 XEL at this moment.
https://talk.elasticexplorer.org/t/minimum-fee/131/13
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July 03, 2017, 07:15:11 PM
 #1407

can we forge XEL right now?
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July 03, 2017, 07:19:01 PM
 #1408

non increasing supply - 30mill starting point from exchange, amazing unique tech, this one is ready for x 100

well everything is possible in crypto. but that would make XEL top 5.

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July 03, 2017, 07:42:08 PM
 #1409

can we forge XEL right now?

yes you can

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July 03, 2017, 07:47:04 PM
 #1410

can we forge XEL right now?

yes you can

 how? now i have my XEL on web wallet.

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July 03, 2017, 09:25:34 PM
 #1411

click start forging at top of web wallet page

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July 03, 2017, 09:55:48 PM
 #1412

click start forging at top of web wallet page

I suggest you consult about that before you start forging like that from the web wallet because from what EK said in the past it might not be so safe to do in some instances. Make sure you are protecting yourself well.

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July 03, 2017, 10:41:39 PM
 #1413

click start forging at top of web wallet page

I suggest you consult about that before you start forging like that from the web wallet because from what EK said in the past it might not be so safe to do in some instances. Make sure you are protecting yourself well.

Install a local Elastic node (ie. on a laptop) and use it to forge.

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July 04, 2017, 01:11:54 AM
 #1414

A great article written yesterday about XEL. Please read and retweet :
https://twitter.com/philfrancis77/status/882038683347673088

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July 04, 2017, 01:13:25 AM
 #1415

click start forging at top of web wallet page

I suggest you consult about that before you start forging like that from the web wallet because from what EK said in the past it might not be so safe to do in some instances. Make sure you are protecting yourself well.

Install a local Elastic node (ie. on a laptop) and use it to forge.

Where does one go to install a node? I'll play around with it on my laptop when I get home. Is there much setup on my end or just download and enable forge?

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July 04, 2017, 02:49:33 AM
 #1416

How to deposit from Bittrex?
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July 04, 2017, 06:52:13 AM
 #1417

A great article written yesterday about XEL. Please read and retweet :
https://twitter.com/philfrancis77/status/882038683347673088

Have some questions.
1)Is there any forging pool for XEL?
2) How fast the Elastic  (in terms of FLOPS) might be when fully implemented?
3) Does  Elastic's FLOPS depend on the number of nods involved?

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July 04, 2017, 07:16:25 AM
 #1418

A great article written yesterday about XEL. Please read and retweet :
https://twitter.com/philfrancis77/status/882038683347673088

It's somewhat chaotic, and repetitive but collects a lot of information in one place.
I like this the most Smiley

Quote
Another advantage is that their competitors, are not actually taking them seriously. This flying under the radar, will be a key component to their success.

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clivemy
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July 04, 2017, 08:06:54 AM
 #1419

A great article written yesterday about XEL. Please read and retweet :
https://twitter.com/philfrancis77/status/882038683347673088

It's somewhat chaotic, and repetitive but collects a lot of information in one place.
I like this the most Smiley

Quote
Another advantage is that their competitors, are not actually taking them seriously. This flying under the radar, will be a key component to their success.

Yes, the article is somewhat chaotically written and you can see where some of the information has come from the old white paper and refers to XEL as ELC.  But the basic argument of the article is a positive one.  :-)
HyperLup
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July 04, 2017, 09:02:48 AM
 #1420

the price goes up in bittrex Smiley

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