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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 146894 times)
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Soul_eater_123
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July 05, 2017, 07:15:11 PM
 #1481

Any one mind to tell if XEL is Proof of Stake?

Is it possible to stake it ?

You can "stake" it to earn a share of transaction fees.  Not much right now but might be eventually.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

Check out my posts on Steemit.com if you like medical posts with occasional photography, art and the odd bit of crypto commentary:

https://steemit.com/@thecryptofiend
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Metros
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July 05, 2017, 08:08:18 PM
 #1482

Any one mind to tell if XEL is Proof of Stake?

Is it possible to stake it ?

You can "stake" it to earn a share of transaction fees.  Not much right now but might be eventually.

So it's not PoS even yet?
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July 05, 2017, 08:19:09 PM
 #1483

Any one mind to tell if XEL is Proof of Stake?

Is it possible to stake it ?

You can "stake" it to earn a share of transaction fees.  Not much right now but might be eventually.

So it's not PoS even yet?

I don't think you even understand what that means.  If you knew anything about XEL then you would know that there are 100m tokens maximum so the only gains can come from transaction fees.  Your success in mining comes from how much stake you hold so that could be considered a form of POS.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

Check out my posts on Steemit.com if you like medical posts with occasional photography, art and the odd bit of crypto commentary:

https://steemit.com/@thecryptofiend
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July 05, 2017, 09:32:48 PM
 #1484

Btw I think it's time to discuss promotion to xel like bittrex's spot light, bitcointalk.org ads etc
@unvoid can you arrange a msg wallet for funding?

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o48o
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July 05, 2017, 09:35:42 PM
 #1485

Just got in on bittrex, drunk... didn't even research.


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toonwer
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July 05, 2017, 10:04:45 PM
 #1486

elastic already on bittrex? When it happen?

Metros
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July 05, 2017, 11:32:21 PM
 #1487

Any one mind to tell if XEL is Proof of Stake?

Is it possible to stake it ?

You can "stake" it to earn a share of transaction fees.  Not much right now but might be eventually.

So it's not PoS even yet?

I don't think you even understand what that means.  If you knew anything about XEL then you would know that there are 100m tokens maximum so the only gains can come from transaction fees.  Your success in mining comes from how much stake you hold so that could be considered a form of POS.

I do know and I've read any thing I could.

I am not talking about Mining. I am talking about Staking.

I did not find any where information about XEL being PoW or PoS.

Hence I am asking, if XEL is PoS and if so which type of, if there are minimum amount needed?
How is the taking method works? lock them on a wallet?

Also I wonder if there are masternodes..
Soul_eater_123
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July 05, 2017, 11:59:12 PM
 #1488

I do know and I've read any thing I could.

I am not talking about Mining. I am talking about Staking.

I did not find any where information about XEL being PoW or PoS.

Hence I am asking, if XEL is PoS and if so which type of, if there are minimum amount needed?
How is the taking method works? lock them on a wallet?

Also I wonder if there are masternodes..

Staking is a form of mining in a sense. There are no master nodes and no minimum to stake.  Also it is called forging in the wallet.  Just try it for yourself and you can see.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

Check out my posts on Steemit.com if you like medical posts with occasional photography, art and the odd bit of crypto commentary:

https://steemit.com/@thecryptofiend
devking
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July 06, 2017, 12:10:24 AM
 #1489

To all N00bs & Dumpers,

XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.



Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
kurumi
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A little tips: XEL-RELV-5VB2-RH8P-AXFE7


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July 06, 2017, 03:24:39 AM
 #1490

As the exchange discussion continues to grow, I just want to reiterate something....Elastic is not like other coins.  We are not (or at least should not be) marketing Elastic to the crypto community, our target user is University Faculty, Scientific Community, Researchers, Data Analyst, etc.

We are still a ways from being ready for them.  Behind the scenes we are working hard to finalize various parts of the design.  I just hope that the recent push to shove Elastic into the spotlight is not pre-mature...to me it is.

Edit:  These target users probably have no idea what crypto coins are.  They expect the highest quality papers, communications, etc that are on par with the professionals they are used to working with.


So we need to develop roadmap on this line.
 

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bspus
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July 06, 2017, 04:54:08 AM
 #1491


I do know and I've read any thing I could.

I am not talking about Mining. I am talking about Staking.

I did not find any where information about XEL being PoW or PoS.

Hence I am asking, if XEL is PoS and if so which type of, if there are minimum amount needed?
How is the taking method works? lock them on a wallet?

Also I wonder if there are masternodes..

There is no staking.
There is forging of blocks but no new XEL is made. Only transaction fees are paid to block forgers. More like PoW but without the reward

When the main feature is launched you'll be able to sell cpu power to earn XEL that other people pay for processing jobs.
That will feel more like Pool mining, although in reality it's not that similar in the way it works.

We don't know yet when that will be ready. I doubt it will be this year

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July 06, 2017, 05:51:04 AM
 #1492


Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

Remember that we need 3 BTC. Don't transfer any BTC after 3 BTC limit is reached. If you want to check if we already have 3 BTC here you have link to explorer: https://blockchain.info/pl/address/1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex.

                                 
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bitcoinpaul
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July 06, 2017, 06:35:04 AM
 #1493

A nice banner on the website something something. Waste of money.
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July 06, 2017, 07:19:43 AM
 #1494

My computer crashed and am now told hard drive is badly damaged and all data destroyed.

I am now locked out of my Elastic wallet.

I wrote down the 12 word passphrase but I have lost the XEL Account number.

Is there any way to get access to my wallet with just the passphrase?

Thanks for any advice.

You can login with your passphrase

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July 06, 2017, 07:35:55 AM
 #1495

Thanks. I got in. I learned you have to use spaces between the words.
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July 06, 2017, 08:26:00 AM
 #1496

Early adopter dumpers are fading away slowly.

I guess we will see slow but steady price increase from now on.

Expect the unexpected ;1.000 BTC will X10 XEL price.

Happy to be strong hand with XEL Smiley

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July 06, 2017, 08:27:55 AM
 #1497


Bittrex advertising BTC address: 1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

Remember that we need 3 BTC. Don't transfer any BTC after 3 BTC limit is reached. If you want to check if we already have 3 BTC here you have link to explorer: https://blockchain.info/pl/address/1P4uqK7PCCsM3nNr3oRzaa8EMooBnhLVa2

What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex.

Logo just shows up on "the spotlight" space on the site, sometimes. Pointless


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toonwer
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July 06, 2017, 10:33:38 AM
 #1498

To all N00bs & Dumpers,

XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.



decided to buy xel at the current price. really hope it's a bottom.

CryptoBattlesX
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July 06, 2017, 10:43:55 AM
 #1499

To all N00bs & Dumpers,

XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.



decided to buy xel at the current price. really hope it's a bottom.

It will go bellow 10k thought
pumpmydump
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July 06, 2017, 10:48:05 AM
 #1500

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
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