Bitcoin Forum
July 20, 2018, 05:25:07 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 [107] 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 ... 178 »
  Print  
Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 219125 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Optimiza
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
September 01, 2017, 02:44:10 PM
 #2121

Hi,  say I want to run a data mining project in this elastic supercomputer.
This project would require a somewhat large data set to download to the system.
Then it would require some software to read the and conduct the analysis using the supercomputer.
Let say I could write a program to do so if needed (though could be complex).

How far away are we from elastic capability to allow something like this.
Or are we already there in principle?
1532064307
Hero Member
*
Offline Offline

Posts: 1532064307

View Profile Personal Message (Offline)

Ignore
1532064307
Reply with quote  #2

1532064307
Report to moderator
1532064307
Hero Member
*
Offline Offline

Posts: 1532064307

View Profile Personal Message (Offline)

Ignore
1532064307
Reply with quote  #2

1532064307
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532064307
Hero Member
*
Offline Offline

Posts: 1532064307

View Profile Personal Message (Offline)

Ignore
1532064307
Reply with quote  #2

1532064307
Report to moderator
coralreefer
Sr. Member
****
Offline Offline

Activity: 465
Merit: 260


View Profile
September 01, 2017, 03:15:44 PM
 #2122

Hi,  say I want to run a data mining project in this elastic supercomputer.
This project would require a somewhat large data set to download to the system.
Then it would require some software to read the and conduct the analysis using the supercomputer.
Let say I could write a program to do so if needed (though could be complex).

How far away are we from elastic capability to allow something like this.
Or are we already there in principle?

In principle it can do what you stated; however, it would certainly depend on your definition of a large data set.  Here are a couple of things to note:

  1) We need EK to confirm that max storage size that the network can handle....right now the miner is coded to only allow 256MB memory use, but that is just a random number I picked...it will depend on what EK determines the network can handle as part of the message traffic.
  2) Currently, the Elastic UI doesn't allow the job author to upload a starting dataset....the current miner / node design accommodate this, but the UI would need to be modified to provide a way to upload the data
  3)  In the existing design, for smaller datasets (i.e. < 100K or so) you'd just include the dataset in the ElasticPL code and use it to initialize the variables during the first round.

So again, it would depend on what you consider a large dataset...as we've pointed out numerous times, the current design of Elastic was not intended for data intensive tasks such as rendering, machine learning, etc.
Optimiza
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
September 01, 2017, 06:31:44 PM
 #2123

Hi,  say I want to run a data mining project in this elastic supercomputer.
This project would require a somewhat large data set to download to the system.
Then it would require some software to read the and conduct the analysis using the supercomputer.
Let say I could write a program to do so if needed (though could be complex).

How far away are we from elastic capability to allow something like this.
Or are we already there in principle?

In principle it can do what you stated; however, it would certainly depend on your definition of a large data set.  Here are a couple of things to note:

  1) We need EK to confirm that max storage size that the network can handle....right now the miner is coded to only allow 256MB memory use, but that is just a random number I picked...it will depend on what EK determines the network can handle as part of the message traffic.
  2) Currently, the Elastic UI doesn't allow the job author to upload a starting dataset....the current miner / node design accommodate this, but the UI would need to be modified to provide a way to upload the data
  3)  In the existing design, for smaller datasets (i.e. < 100K or so) you'd just include the dataset in the ElasticPL code and use it to initialize the variables during the first round.

So again, it would depend on what you consider a large dataset...as we've pointed out numerous times, the current design of Elastic was not intended for data intensive tasks such as rendering, machine learning, etc.

Thank you, thinking about this, the project which eventually offers data intensive tasks will be in high demand.
Just speculating wildly, but imagine a network where nodes are incentivated to actually grow in processing power, storage capacity, and network latency (become supercomputers themselves), through maybe mixing proof-of-work, proof-of-capacity, proof-of-bandwidth rewards.  A future user of the network can upload their data and also manipulate and process it using "fuel" in this distributed network, where the information and information processing is shared by the nodes. One can imagine; probably some have thought in this direction.







wuzzap8989
Full Member
***
Offline Offline

Activity: 141
Merit: 100


View Profile
September 01, 2017, 07:16:03 PM
 #2124

this happens when i login to web explorer:

Quote
Warning: You are most likely on a fork (base target is very high).


this happens when i click on forging (my coins are on block 93000) :


Quote
Your effective balance is zero, you cannot forge. (Effective balance is your balance after 750 block confirmations).



whats wrong here?

*push*
snowboard789
Hero Member
*****
Offline Offline

Activity: 592
Merit: 501


View Profile
September 02, 2017, 11:28:59 AM
 #2125

will it matter how much cpu/ram the forging node will have for the xel it generates? would make sense for a supercomputer ?
bspus
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000



View Profile
September 02, 2017, 02:41:08 PM
 #2126

will it matter how much cpu/ram the forging node will have for the xel it generates? would make sense for a supercomputer ?

Forging blocks does not create XEL. You only get XEL that is paid as transaction fees.

If you want to earn XEL by selling cpu power, maybe (not sure) turning off forging is a good idea.

Of course I don't know when that will be possible

            ▄▄████▄▄
        ▄▄██████████████▄▄
      ███████████████████████▄▄
      ▀▀█████████████████████████
██▄▄       ▀▀█████████████████████
██████▄▄        ▀█████████████████
███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
 ▀▀██████████████████████▄▄
     ▀▀██████████████████████▄▄
▄▄        ▀██████████████████████▄
████▄▄        ▀▀██████████████████
█████████▄▄        ▀▀█████████████
█████████████▄▄        ▀▀█████████
██████████████████▄▄        ▀▀████
▀██████████████████████▄▄
  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



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

   Report to moderator
oxonhu
Full Member
***
Offline Offline

Activity: 308
Merit: 111



View Profile
September 02, 2017, 05:01:40 PM
 #2127

marketcap to 100million $ ? that means price will be 1.15$ ?

NutMasterTardd
Legendary
*
Offline Offline

Activity: 1008
Merit: 1013


View Profile
September 02, 2017, 06:27:41 PM
 #2128

marketcap to 100million $ ? that means price will be 1.15$ ?

A few hundred more BTC on the 24 hour volume on Bittrex and we'll probably see a new ATH soon especially if it hits the front page of markets, not sure if it will still be at that level after a week or two though IMO. A few people last time were complaining when it dropped from 25k. Anyway it doesn't really matter if you believe in Elastic long-term, these price swings will be nothing compared to in a few years when the project is more developed and more established.

I would think the same as last time will happen, shoot up and come back down again. Then eventually in a few months/years it will go up and these levels will never be seen again and these price swings will be laughable.
cyborgdroid
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
September 02, 2017, 07:28:26 PM
 #2129

 If elastic grows they will have some trademark issues with ElasticSearch. Kind of a supercomputer as well, just not decentralized, and focused on data analytics.

https://www.elastic.co/
mr.coinzy
Hero Member
*****
Offline Offline

Activity: 504
Merit: 507


For XEL tips: XEL-EFWU-3V2F-4REL-7PQMT


View Profile
September 02, 2017, 07:51:33 PM
 #2130

If elastic grows they will have some trademark issues with ElasticSearch. Kind of a supercomputer as well, just not decentralized, and focused on data analytics.

https://www.elastic.co/

Newbie account registered today making his first and only post here to mention possible future issues? (these are not an issue anyway so your fud is not very successful)
Hmmmm... I wonder if that is a coincidence...

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
snowboard789
Hero Member
*****
Offline Offline

Activity: 592
Merit: 501


View Profile
September 03, 2017, 11:14:48 AM
 #2131

will it matter how much cpu/ram the forging node will have for the xel it generates? would make sense for a supercomputer ?

Forging blocks does not create XEL. You only get XEL that is paid as transaction fees.

If you want to earn XEL by selling cpu power, maybe (not sure) turning off forging is a good idea.

Of course I don't know when that will be possible

ahh ok I thought when you will have forging enabled it would also mean that you are giving cpu power to the network for calculations but it will be different.
Soul_eater_123
Legendary
*
Offline Offline

Activity: 924
Merit: 1000



View Profile WWW
September 03, 2017, 12:25:21 PM
 #2132

If elastic grows they will have some trademark issues with ElasticSearch. Kind of a supercomputer as well, just not decentralized, and focused on data analytics.

https://www.elastic.co/

Newbie account registered today making his first and only post here to mention possible future issues? (these are not an issue anyway so your fud is not very successful)
Hmmmm... I wonder if that is a coincidence...

It's not fake FUD.  It is an issue I have raised before.  We should be conscious of it rather than dismissing it.

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
yugu
Full Member
***
Offline Offline

Activity: 238
Merit: 100


^_^


View Profile
September 03, 2017, 12:35:50 PM
 #2133

Any plans from developers to introduce a new working sample?
Let's say ETH mining, or some rendering similar to Golem?

CHANGE — First Decentralised Global Crypto Bank | ICO | DISCUSSION
Evil-Knievel
Legendary
*
Offline Offline

Activity: 1190
Merit: 1146



View Profile
September 03, 2017, 05:01:27 PM
 #2134

It's not fake FUD.  It is an issue I have raised before.  We should be conscious of it rather than dismissing it.

Well, we could decide to rename that thing - maybe just XEL? Or we could write it with a "k" at the end? We could also try to find out if this would be necessary first. It's up to you @community.
oscurito23
Hero Member
*****
Offline Offline

Activity: 584
Merit: 500


View Profile
September 03, 2017, 07:17:02 PM
 #2135

It's not fake FUD.  It is an issue I have raised before.  We should be conscious of it rather than dismissing it.

Well, we could decide to rename that thing - maybe just XEL? Or we could write it with a "k" at the end? We could also try to find out if this would be necessary first. It's up to you @community.

ElastiK sounds very good.
Soul_eater_123
Legendary
*
Offline Offline

Activity: 924
Merit: 1000



View Profile WWW
September 03, 2017, 08:23:35 PM
 #2136

It's not fake FUD.  It is an issue I have raised before.  We should be conscious of it rather than dismissing it.

Well, we could decide to rename that thing - maybe just XEL? Or we could write it with a "k" at the end? We could also try to find out if this would be necessary first. It's up to you @community.

Yes that would be one way to get round it.  In fact I may be wrong but I think Elastic itself may be considered too generic to be copyrighted anyway.  So Elastik (assuming nobody else has used it) would be better.

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
coralreefer
Sr. Member
****
Offline Offline

Activity: 465
Merit: 260


View Profile
September 03, 2017, 08:35:07 PM
 #2137

One advantage of changing to "Elastik" or some other similar name is the .com domains should be available for a website, forum, etc.  The disadvantage of course would be that people actually thinking the name is "Elastic" could end up in the wrong location.  Maybe there is better solution.
toonwer
Full Member
***
Offline Offline

Activity: 137
Merit: 100


View Profile
September 03, 2017, 09:17:53 PM
 #2138

It's not fake FUD.  It is an issue I have raised before.  We should be conscious of it rather than dismissing it.

Well, we could decide to rename that thing - maybe just XEL? Or we could write it with a "k" at the end? We could also try to find out if this would be necessary first. It's up to you @community.
I do not think it is necessary, at least now. If/when elastic team meet problems due to trademark then community and team could consider rebranding. IMO
tomkat
Hero Member
*****
Offline Offline

Activity: 854
Merit: 507


View Profile
September 04, 2017, 08:32:23 AM
 #2139

It's not fake FUD.  It is an issue I have raised before.  We should be conscious of it rather than dismissing it.

Well, we could decide to rename that thing - maybe just XEL? Or we could write it with a "k" at the end? We could also try to find out if this would be necessary first. It's up to you @community.
I do not think it is necessary, at least now. If/when elastic team meet problems due to trademark then community and team could consider rebranding. IMO

I also think it's not needed at this point. There're many entities in the world that share the same names, especially if the name is common word.
The differences then come from logos, slogans, and other stuff rather than the name itself.
kurumi
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


View Profile
September 04, 2017, 10:30:02 AM
 #2140

https://twitter.com/cnLedger/status/904638606857330688

Chinese bank say ICO's are illegal. China exchange stop something altcoin (erc20 token) trading. The news is advantageous to xel.


https://bter.com/  click the cny markets can see it.
Pages: « 1 ... 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 [107] 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 ... 178 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!