[ANN] [XEL] :: XEL - The Decentralized Supercomputer ::

[mr.coinzy]

Who is trusted guy from our community, I will give domains / newsletter etc to him for marketing today or later. That accounts is not mine. Just I manage for community, feel free.

ByRallier, can you please check your PM's...I believe mr.coinzy reached out to you several days ago offering to take over the website, etc.

I personally have complete trust in mr.coinzy and hope you follow through with your offer to turn over the website.

Byrallier, I sent you 2 private messages in the slack. Awaiting your response.

[by rallier]

Who is trusted guy from our community, I will give domains / newsletter etc to him for marketing today or later. That accounts is not mine. Just I manage for community, feel free.

ByRallier, can you please check your PM's...I believe mr.coinzy reached out to you several days ago offering to take over the website, etc.

I personally have complete trust in mr.coinzy and hope you follow through with your offer to turn over the website.

Who is trusted guy from our community, I will give domains / newsletter etc to him for marketing today or later. That accounts is not mine. Just I manage for community, feel free.

ByRallier, can you please check your PM's...I believe mr.coinzy reached out to you several days ago offering to take over the website, etc.

I personally have complete trust in mr.coinzy and hope you follow through with your offer to turn over the website.

Byrallier, I sent you 2 private messages in the slack. Awaiting your response.

I didn't check slack, I am checking now, next time please pm me from here.

[Eddyc]

Elastic is a long-term project, there is no need for desperation and fear, everything and everyone makes some mistakes, no one can be crucified.

[MISS_nSTASSY]

Hm, interesting, what if devs decided to be anonymous not for a long long time, and one day we will all be witnesses of great face reveal
This might be a huge huge game before the mask off. But as it seems not a lot of whales loves such surprises and mystery

[mr.coinzy]

Hm, interesting, what if devs decided to be anonymous not for a long long time, and one day we will all be witnesses of great face reveal
This might be a huge huge game before the mask off. But as it seems not a lot of whales loves such surprises and mystery

They say that a fool and his money are soon parted.
Simpletons who care for faces and identities instead of the tech are a materialization of that saying.
There is no mystery if you do not seek to create one, but only one simple truth, a good project with solid dev work to back it up.

[NickCrypto]

Look for XEL to move north

[MISS_nSTASSY]

Hm, interesting, what if devs decided to be anonymous not for a long long time, and one day we will all be witnesses of great face reveal
This might be a huge huge game before the mask off. But as it seems not a lot of whales loves such surprises and mystery

They say that a fool and his money are soon parted.
Simpletons who care for faces and identities instead of the tech are a materialization of that saying.
There is no mystery if you do not seek to create one, but only one simple truth, a good project with solid dev work to back it up.

Wow-wow-wow, I dont think that those people who has the rights to be called whales are simpletons. They have earned their money not by their simplicity.
Many people who invested in Apple in the beginning - invested not in the comapny but in Steve also, cause they knew what kind of person he is. Innovative things are the things that are made for humans by humans.
IMO this is not such a kind of project where anonymity plays right into devs hands.

[mr.coinzy]

Hm, interesting, what if devs decided to be anonymous not for a long long time, and one day we will all be witnesses of great face reveal
This might be a huge huge game before the mask off. But as it seems not a lot of whales loves such surprises and mystery

They say that a fool and his money are soon parted.
Simpletons who care for faces and identities instead of the tech are a materialization of that saying.
There is no mystery if you do not seek to create one, but only one simple truth, a good project with solid dev work to back it up.

Wow-wow-wow, I dont think that those people who has the rights to be called whales are simpletons. They have earned their money not by their simplicity.
Many people who invested in Apple in the beginning - invested not in the comapny but in Steve also, cause they knew what kind of person he is. Innovative things are the things that are made for humans by humans.
IMO this is not such a kind of project where anonymity plays right into devs hands.

Well, first, I do not find whale accumulation a mandatory factor for success for the project (predictive or otherwise) nor desirable, but even if I did consider it something to be desired, why do you make such claim in the first place?
The model by which this project was created has both merits and disadvantages. The fact of the matter is that currently the people who are creating this project are anonymous, and the system continues to be developed steadily towards a future release.
In a perfect world where you could construct and choose your perfect scenario maybe things could have been constructed a bit different, but looking at the current situation in hand, I see a great project, highly promising, led by people who chose not to disclose themselves (something I find understandable in light of the behavior of some of the individuals we encounter often in the online medium), but their actions (and these actions are pretty clear to me). I think you know bitcoin right? well, it was also created (in the most part) by anonymous individuals who chose to create something of value and let the tech speak out for itself without having their personality/faces/habits/personal life get in the way of what is important.
The only reason why people who invest money, want a face and name to the person who is behind any venture, is so they can have more assurances and feel safer that he is legit and will follow through on his words. Anonymity means they need to rely on his actions without having the ability to discern his personality and non virtual persona.

[rearendvague]

is there any minimal threshold for initial purchase?

[badinvesterguy]

Elastic is a long-term project, there is no need for desperation and fear, everything and everyone makes some mistakes, no one can be crucified.

Is that will be success or not?

DYOR, but yeah, much success

[tempt]

Hey this has probably been asked before, but is this something like GOLEM?

[badinvesterguy]

Hey this has probably been asked before, but is this something like GOLEM?

https://www.elastic.pw/blog/2017-04-05-elastic-compared-to-other-competitors/

edit: bit outdated I guess, there is also a comparison in circulation with SONM in it , but couldn't find it instantly. You might wanna try searching this topic

[Redawn]

I am speaking for myself, but really the devs in this project are the best. They have great ideas and there skill set are so deep and creative. I have seen a lot of projects and this project is rock solid. You know why? Project is donation based and we don’t care about the price. So the only one you find supporting elastic are those who are educated and have vision behind the wall of dollars.

[MISS_nSTASSY]

Well, first, I do not find whale accumulation a mandatory factor for success for the project (predictive or otherwise) nor desirable, but even if I did consider it something to be desired, why do you make such claim in the first place?
The model by which this project was created has both merits and disadvantages. The fact of the matter is that currently the people who are creating this project are anonymous, and the system continues to be developed steadily towards a future release.
In a perfect world where you could construct and choose your perfect scenario maybe things could have been constructed a bit different, but looking at the current situation in hand, I see a great project, highly promising, led by people who chose not to disclose themselves (something I find understandable in light of the behavior of some of the individuals we encounter often in the online medium), but their actions (and these actions are pretty clear to me). I think you know bitcoin right? well, it was also created (in the most part) by anonymous individuals who chose to create something of value and let the tech speak out for itself without having their personality/faces/habits/personal life get in the way of what is important.
The only reason why people who invest money, want a face and name to the person who is behind any venture, is so they can have more assurances and feel safer that he is legit and will follow through on his words. Anonymity means they need to rely on his actions without having the ability to discern his personality and non virtual persona.

I should mention that I am not negative about the project first of all. Just decided to reread our dialogue from the beginning and thought that you may draw such a conclusion maybe

I'm sure that such purposeful devs wil make a great useful product. They are altruists, true fans of their project. They will succeed, without a doubt.

I'm just trying to understand, which "large-scale" companies can use the technology, which is held by group of anonymous developers. I think its kinda big risc.

Talking about bitcoin - yeah, it was created by the anonymous developer(s). But he created it and left it, gave this technology(done thing) to the humanity, not continuing to develop it from the shadows... this is my point of view

[micle222]

Well, first, I do not find whale accumulation a mandatory factor for success for the project (predictive or otherwise) nor desirable, but even if I did consider it something to be desired, why do you make such claim in the first place?
The model by which this project was created has both merits and disadvantages. The fact of the matter is that currently the people who are creating this project are anonymous, and the system continues to be developed steadily towards a future release.
In a perfect world where you could construct and choose your perfect scenario maybe things could have been constructed a bit different, but looking at the current situation in hand, I see a great project, highly promising, led by people who chose not to disclose themselves (something I find understandable in light of the behavior of some of the individuals we encounter often in the online medium), but their actions (and these actions are pretty clear to me). I think you know bitcoin right? well, it was also created (in the most part) by anonymous individuals who chose to create something of value and let the tech speak out for itself without having their personality/faces/habits/personal life get in the way of what is important.
The only reason why people who invest money, want a face and name to the person who is behind any venture, is so they can have more assurances and feel safer that he is legit and will follow through on his words. Anonymity means they need to rely on his actions without having the ability to discern his personality and non virtual persona.

I should mention that I am not negative about the project first of all. Just decided to reread our dialogue from the beginning and thought that you may draw such a conclusion maybe

I'm sure that such purposeful devs wil make a great useful product. They are altruists, true fans of their project. They will succeed, without a doubt.

I'm just trying to understand, which "large-scale" companies can use the technology, which is held by group of anonymous developers. I think its kinda big risc.

Talking about bitcoin - yeah, it was created by the anonymous developer(s). But he created it and left it, gave this technology(done thing) to the humanity, not continuing to develop it from the shadows... this is my point of view

All cryptocurrency if you want to succeed there must be a good innovative from the team and community enthusiasts is also an important point behind altcoin success, therefore XEL must work hard to convince the world community that XEL coin is very useful for the future

[HmmMAA]

...

I'm just trying to understand, which "large-scale" companies can use the technology, which is held by group of anonymous developers. I think its kinda big risc.

Talking about bitcoin - yeah, it was created by the anonymous developer(s). But he created it and left it, gave this technology(done thing) to the humanity, not continuing to develop it from the shadows... this is my point of view

I don't get why this a no go for someone ( talking about anonymity ) . The technology will not be held by the team , it will be distributed across a network that will get paid for the work commited . And the technology itself is the important part here , not the identities of the dev team . When you go buy a car for example , are you buying based on the person who manufactures it or by the performance , service , credibility etc ?

If SN continued to develop BTC "from the shadows" what would be the difference ? Do you think that it could kill or harm BTC in such case ? I don't see any point here , maybe you can elaborate ?

[syclone]

I can't wait to use the mainnet and test out all the hard work the devs and EK have been doing.  Should be a pretty smooth system once they do launch.

[MISS_nSTASSY]

Okay, I'll try to specify my vision

The technology will not be held by the team , it will be distributed across a network that will get paid for the work commited.

Lets imagine a big company ("B.C." in our case) that started to use third-party service N to make some computations some years ago. In 2018 B.C. found out about elastic, decentralized supercomputer that can held the same computations but more cheaper than service N, and B.C. can save 10 million $ using Elastic platform annually. And that is great.
But if B.C. decided to work only with elastic and base all of computation on this platform, B.C. becomes vulnerable and dependent on elastic devs. And from now anonymous elastic devs have leverage of influence on B.C.. Will B.C. use such platform risking one's status only for economy, not such a big amount of money for them?
And another nuance is confidentiality of computing information supplied by B.C. to Elastic platform.
B.C. can sign a contract with N, and will be protected by laws of their state. But who is responsible in collaboration between B.C. and Elastic if anything happens?

And there is the only thing that I can't understand in this project All another aspects and details of this project makes a great impression on me and makes me respect the devs with their attitude to the development

[badinvesterguy]

Okay, I'll try to specify my vision

The technology will not be held by the team , it will be distributed across a network that will get paid for the work commited.

Lets imagine a big company ("B.C." in our case) that started to use third-party service N to make some computations some years ago. In 2018 B.C. found out about elastic, decentralized supercomputer that can held the same computations but more cheaper than service N, and B.C. can save 10 million $ using Elastic platform annually. And that is great.
But if B.C. decided to work only with elastic and base all of computation on this platform, B.C. becomes vulnerable and dependent on elastic devs. And from now anonymous elastic devs have leverage of influence on B.C.. Will B.C. use such platform risking one's status only for economy, not such a big amount of money for them?
And another nuance is confidentiality of computing information supplied by B.C. to Elastic platform.
B.C. can sign a contract with N, and will be protected by laws of their state. But who is responsible in collaboration between B.C. and Elastic if anything happens?

And there is the only thing that I can't understand in this project All another aspects and details of this project makes a great impression on me and makes me respect the devs with their attitude to the development

Bc wouldnt depend on elastic developers, but on the software and the entire community, which could mean the company is depending on 10000 individuals instead of 1 company, the odds are better for 10000 individuals, they wont all of a sudden agree to stop helping (they probably cant even choose themselves which company they help)
The confidentiality is the huge advantage of open sourced blockchain, its automatically clear how confidential the information is handled.

[MISS_nSTASSY]

... 10000 individuals, they wont all of a sudden agree to stop helping

Of course they dont, that would be a great foolishness from the miners' side(if I can call them "miners"). Cause such companies as B.C. will lost every trace of confidence in Elastic platform(in platform generally, although the situations was caused by community in this case).

I'm talking about unauthorized and authorized global failure of the platform. How such big clients can be protected from this? This is the relevant question from the category of trust. Category, which should be excluded by decentralization, blockchain, cryptocurrencies and etc.