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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 225391 times)
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ttookk
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August 22, 2017, 03:21:44 AM
 #2041

How is elastic different from other coins in the similar area like Golem, Sonm and IExec? Are they all trying to achieve the same results?

@others, feel free to correct me, but here is my tl;dr:

Elastic aims at using the hashing power of the network/of miners directly ot solve bruteforcable tasks
(i.e. trustless, but limits use cases)

Golem is basically supposed to be a payment layer on top of a decentralized computing architecture
(needs a reputation system, is not completely trustless)

SONM looks like a whitepaper with lofty goals to me but I didn't look that much into it
(Dunno, to me, it looks like these guys bit off more than they can chew. This is just my personal view, though)

IExec I don't now anything about.
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kurumi
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August 22, 2017, 06:06:41 AM
 #2042

https://github.com/OrdinaryDude/ElasticPrototypeWallet

@IMI  Can you update the github link to OP , thank you. Smiley
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August 22, 2017, 06:32:11 AM
 #2043

My github will valish as quick as it came, I don't think it's a good idea to put it in any list of links.
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August 22, 2017, 12:39:17 PM
 #2044

can't believe buying xel again at 10k (or even less maybe!)  Grin Cool

www.dlsag.com ~ 1ex.trade
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August 22, 2017, 12:57:18 PM
 #2045

can't believe buying xel again at 10k (or even less maybe!)  Grin Cool

Same here, I like that my buy order got filled again, but I would have never expected that it will happen..

Passion.
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August 22, 2017, 03:19:36 PM
 #2046

any reason for the price decreased?

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August 22, 2017, 07:16:46 PM
 #2047

any reason for the price decreased?

Dumpers be dumping.  There are 36,816,350.47 XEL in the Bittrex wallet.  Almost half the total supply of coins.
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August 22, 2017, 07:47:40 PM
 #2048

any reason for the price decreased?

Dumpers be dumping.  There are 36,816,350.47 XEL in the Bittrex wallet.  Almost half the total supply of coins.

Or people selling when the price is high and then buying back at a lower price when everyone else panics.

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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August 22, 2017, 08:01:10 PM
 #2049

Dumpers be dumping.  There are 36,816,350.47 XEL in the Bittrex wallet.  Almost half the total supply of coins.
that will even out as soon as there are more big exchanges trading xel. For now only one big exchange trades elastic so no wonder big part of supply there. Go and count ethereum supply in every exchange it trades, you will also probably end up with high % of supply on exchanges. As more exchanges pick up elastic so does coin supply gets distributed around.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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August 22, 2017, 08:23:45 PM
 #2050

How is elastic different from other coins in the similar area like Golem, Sonm and IExec? Are they all trying to achieve the same results?

@others, feel free to correct me, but here is my tl;dr:

Elastic aims at using the hashing power of the network/of miners directly ot solve bruteforcable tasks
(i.e. trustless, but limits use cases)

Golem is basically supposed to be a payment layer on top of a decentralized computing architecture
(needs a reputation system, is not completely trustless)

SONM looks like a whitepaper with lofty goals to me but I didn't look that much into it
(Dunno, to me, it looks like these guys bit off more than they can chew. This is just my personal view, though)

IExec I don't now anything about.

Here's the remaining comparisons:

iEX.ec
iEx is not a standalone supercomputer software in the same sense as Elastic, since it requires several other pieces of technology to function. It is more a resource for distributed applications. iEx.ec seems to be aiming at providing distributed applications (running on the blockchain) with scalable, secure access to various services, data-sets and computing resources. The technology relies on Ethereum smart contracts and allows building a virtual Cloud infrastructure that provides high-performance computing services on demand.

iiEx.ec relies on XtremWeb-HEP, a open-source Desktop Grid software which implements all the needed features : fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more.

SONM
SONM is a collection of technologies used to create their SOSNA technology and not a standalone supercomputer in the same sense as Elastic, since it requires:

Ethereum smart contracts - A consensus system ensuring transparency and security for the system’s participants
Fog computing - A decentralized and more efficient computing model compared to cloud
Yandex.Cocaine - An open source Platform-as-a-Service (PaaS) technology, and a decentralized computing platform
Docker Container - An isolated environment ensuring computing parallelism and appropriate apps running on any device
BtSync - A peer-to-peer system for fast and safe data transfer
Whisper - A peer-to-peer technology for node communication
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August 22, 2017, 08:47:47 PM
 #2051

Dumpers be dumping.  There are 36,816,350.47 XEL in the Bittrex wallet.  Almost half the total supply of coins.
that will even out as soon as there are more big exchanges trading xel. For now only one big exchange trades elastic so no wonder big part of supply there. Go and count ethereum supply in every exchange it trades, you will also probably end up with high % of supply on exchanges. As more exchanges pick up elastic so does coin supply gets distributed around.

I hope so.  With the ability to earn coins through forging in the wallet, to me, it doesn't make sense to store that much on the exchange unless you're actively selling.
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August 22, 2017, 10:02:29 PM
 #2052

Here we go! Moon time  Grin  Cool  Cool

.
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August 23, 2017, 05:46:36 AM
 #2053

I'm just holding on to my XEL because I think EK is a sexy looking dude. #nohomo   But for real, the guy is super talented and patience pays. 

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DeepOnion
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August 23, 2017, 12:20:04 PM
 #2054

I bought some XEL coins via heatwallet a while ago, but as you can't trade with them meanwhile on the heat platform, I would like to transfer them for being more flexible, but unfortunately I don't know how to get the xel's away from heatwallet.

Via slack a guy named oscurito23 messaged me following:

----------------------
I saw you
TRansfer asset
recipient fim2@heatwallet.com
asset XEL
amount amount
Message YOUR WALLET
fim2 is the automatic procesor for XEL of heat
not my acount
ty for trust in my
---------------------

He mentioned that I will get a certain amount of heat's for the xel's after sending to the recipient.

Questions:
1) How to get sure that "recipient fim2@heatwallet.com" is not a fake? Sounds like being the wallet from anyone else..
2) Isn't it possible sending xel coins from heatwallet to f.e. bittrex? I don't want to sell coins yet as i would have to pay taxes

Could not find any help so thanks for all useful answers.
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August 23, 2017, 01:17:13 PM
 #2055

I bought some XEL coins via heatwallet a while ago, but as you can't trade with them meanwhile on the heat platform, I would like to transfer them for being more flexible, but unfortunately I don't know how to get the xel's away from heatwallet.

Via slack a guy named oscurito23 messaged me following:

----------------------
I saw you
TRansfer asset
recipient fim2@heatwallet.com
asset XEL
amount amount
Message YOUR WALLET
fim2 is the automatic procesor for XEL of heat
not my acount
ty for trust in my
---------------------

He mentioned that I will get a certain amount of heat's for the xel's after sending to the recipient.

Questions:
1) How to get sure that "recipient fim2@heatwallet.com" is not a fake? Sounds like being the wallet from anyone else..
2) Isn't it possible sending xel coins from heatwallet to f.e. bittrex? I don't want to sell coins yet as i would have to pay taxes

Could not find any help so thanks for all useful answers.

You are a bit boring, we have already explained in the slack, those are the official instructions to withdraw from heat.
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August 23, 2017, 01:27:17 PM
 #2056

I'm just holding on to my XEL because I think EK is a sexy looking dude. #nohomo   But for real, the guy is super talented and patience pays.  

EK announced some time ago he's tired of this forum, and probably will be quiet until next "ninja" release  Grin
I'm pretty sure they're working hard with coralreefer, and we'll see something soon, or perhaps at least a teaser of upcoming release...
(Would be cool additional devs jumped in too)
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August 23, 2017, 02:44:56 PM
 #2057

We are indeed working hard but we have decided to limit our communication to a private channel on slack.

It really helps to stay focused. The problem is that some people seem to forget that we are working on an open source project here and try to give us orders, supervise our work and force us into some dubious time schedules instead of doing the one (any only) logical thing to do in case of a disappointment: contribute to the code base and do it better  Wink

The second point why we are so silent is the entire investment talk. We do not want to be involved in this at all!

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August 24, 2017, 07:02:04 AM
 #2058

The Elastic lite wallet is not loading/working.
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August 24, 2017, 08:15:22 AM
 #2059

We are indeed working hard but we have decided to limit our communication to a private channel on slack.

It really helps to stay focused. The problem is that some people seem to forget that we are working on an open source project here and try to give us orders, supervise our work and force us into some dubious time schedules instead of doing the one (any only) logical thing to do in case of a disappointment: contribute to the code base and do it better  Wink

The second point why we are so silent is the entire investment talk. We do not want to be involved in this at all!



Thank you EK.
What is the location of the most recent codebase?
Is it this one https://github.com/OrdinaryDude/ElasticPrototypeWallet ?
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August 24, 2017, 09:01:47 AM
 #2060

The Elastic lite wallet is not loading/working.


Just waiting fix #1 wallet.
Go the xel website https://www.elastic.pw/  
Choose wallet#2   https://wallet.elasticexplorer.org/index.html

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