Bitcoin Forum
August 15, 2018, 09:03:40 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 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] 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 »
  Print  
Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 220823 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.
badinvesterguy
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
November 06, 2017, 10:02:02 AM
 #2621

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 Smiley 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 Smiley
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.
1534367020
Hero Member
*
Offline Offline

Posts: 1534367020

View Profile Personal Message (Offline)

Ignore
1534367020
Reply with quote  #2

1534367020
Report to moderator
1534367020
Hero Member
*
Offline Offline

Posts: 1534367020

View Profile Personal Message (Offline)

Ignore
1534367020
Reply with quote  #2

1534367020
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534367020
Hero Member
*
Offline Offline

Posts: 1534367020

View Profile Personal Message (Offline)

Ignore
1534367020
Reply with quote  #2

1534367020
Report to moderator
MISS_nSTASSY
Full Member
***
Offline Offline

Activity: 364
Merit: 105


OPEN GAMING PLATFORM


View Profile
November 06, 2017, 11:59:30 AM
 #2622

... 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.

Evil-Knievel
Legendary
*
Offline Offline

Activity: 1204
Merit: 1149



View Profile
November 06, 2017, 12:18:54 PM
 #2623

Quote
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.

 Huh

I'm confused! How would this be different if the devs disclosed their identities? I mean, it would still be the same group of people having the same amount of "leverage", if you like to call it that way.
trader19
Legendary
*
Offline Offline

Activity: 1232
Merit: 1001



View Profile WWW
November 06, 2017, 12:41:54 PM
 #2624

... 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.
i see one flaw here, you see company B.C. Doesn’t make a contract with elastic project but instead when in need buys computing resources timley limited to XEL bounty it offers. Elastic is a trustless system, as such no need for B.C. To trust anything other than elastic platform executing task correctly.

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

Activity: 364
Merit: 105


OPEN GAMING PLATFORM


View Profile
November 06, 2017, 02:26:28 PM
 #2625

I mean, it would still be the same group of people having the same amount of "leverage", if you like to call it that way.

Yes, we are close enough for the thing that I am trying to find out Smiley
So the platform will work instead of someone's wish to disrupt the network? Even if someone from the dev team decided to make such a thing(just as a supposition, never meant to offend devs). And the only factor that affects system is presence or absence of miners?
Thats the thing that I dont get and need your help Smiley

badinvesterguy
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
November 06, 2017, 02:35:20 PM
 #2626

I mean, it would still be the same group of people having the same amount of "leverage", if you like to call it that way.

Yes, we are close enough for the thing that I am trying to find out Smiley
So the platform will work instead of someone's wish to disrupt the network? Even if someone from the dev team decided to make such a thing(just as a supposition, never meant to offend devs). And the only factor that affects system is presence or absence of miners?
Thats the thing that I dont get and need your help Smiley
Look at bitcoin, all miners have to go to the new wallet/miner that is malicious before anything bad happens (or a big part of them)
Evil-Knievel
Legendary
*
Offline Offline

Activity: 1204
Merit: 1149



View Profile
November 06, 2017, 03:07:53 PM
 #2627

Sorry, but I think that I still don't understand what you're trying to find out  Smiley
What I understood is that you would prefer that the devs disclosed their identities so companies can hold them liable for whatever goes wrong. If I understand this correctly, then I think a centralized project might be the better fit in this case.

Decentralized blockchain-based "use at own risk" applications are - by design - usually built in a way that neither a central authority is present nor is there any need to "trust" someone. So, if you do not need to trust anyone, then why do you need a public record of the devs and their full identities? In my eyes, you don't!
tomkat
Hero Member
*****
Offline Offline

Activity: 868
Merit: 507


View Profile
November 06, 2017, 04:35:53 PM
 #2628

... 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.

What do you mean with "unauthorized and authorized global failure of the platform"?
klintay
Legendary
*
Offline Offline

Activity: 1554
Merit: 1010

I thought we all equal -_-


View Profile WWW
November 07, 2017, 08:22:32 AM
 #2629

Sorry, but I think that I still don't understand what you're trying to find out  Smiley
What I understood is that you would prefer that the devs disclosed their identities so companies can hold them liable for whatever goes wrong. If I understand this correctly, then I think a centralized project might be the better fit in this case.

Decentralized blockchain-based "use at own risk" applications are - by design - usually built in a way that neither a central authority is present nor is there any need to "trust" someone. So, if you do not need to trust anyone, then why do you need a public record of the devs and their full identities? In my eyes, you don't!

yeah exactly...that sword cuts both ways....anonymous and decentralized go hand in hand....wouldnt want it any other way

EYE




██████████

████
████
█████████
███████
███████
█████
█████████
█████████
BOOT
   Online Mining Hardware Store   
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
Industrial-Grade USB HubsBTC/LTC MinersPower SuppliesAdapter Cables

Like us on Facebook
Follow us on Twitter
Contact Us Now
MISS_nSTASSY
Full Member
***
Offline Offline

Activity: 364
Merit: 105


OPEN GAMING PLATFORM


View Profile
November 07, 2017, 09:04:09 AM
 #2630

What do you mean with "unauthorized and authorized global failure of the platform"?

In other words - authorized - is the fault or error, caused by somebody(by a person to be precise), and unauthorized - error caused by network failure(without any human factor involved).

Sorry, but I think that I still don't understand what you're trying to find out  Smiley
What I understood is that you would prefer that the devs disclosed their identities so companies can hold them liable for whatever goes wrong. If I understand this correctly, then I think a centralized project might be the better fit in this case.

Decentralized blockchain-based "use at own risk" applications are - by design - usually built in a way that neither a central authority is present nor is there any need to "trust" someone. So, if you do not need to trust anyone, then why do you need a public record of the devs and their full identities? In my eyes, you don't!

Yes, you answered my question Grin So elastic is a platform that can make all kinds of computations, based on decentralized technology which exclude the aspect of trust and guarantees the confidentiality of information. It took me a long time to get to the truth Grin I hope the potential clients of platform will get to it faster than me Smiley Anyway, thanks for your answers and I am grateful to you for taking the time to discuss these matters with me Smiley

xibeijan
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000


View Profile
November 07, 2017, 10:21:13 AM
 #2631

There is only one thing required of devs.  Prodice awesome code and awesome system called Elastic.

Don't mind if you want anon privacy.  Good developers all we care.

Notable projects: Bitcoin, Ethereum, Semux, Wagerr, Elastic, TenX, Ardor, Quantum, Dero, Sia Storage
Mallyx
Hero Member
*****
Offline Offline

Activity: 700
Merit: 501


View Profile
November 07, 2017, 10:38:42 AM
 #2632

When can I start programming on XEL ?  Grin

HmmMAA
Hero Member
*****
Offline Offline

Activity: 693
Merit: 501


I know one thing: that I know nothing


View Profile
November 07, 2017, 12:45:51 PM
 #2633

When can I start programming on XEL ?  Grin

Not sure about that , i guess when mainnet comes out , but you can read about ElasticPL https://github.com/sprocket-fpga/xel_miner/blob/master/ElasticPL/ElasticPL%20Language%20Notes.txt .

yussuf89
Legendary
*
Offline Offline

Activity: 1652
Merit: 1018


View Profile
November 07, 2017, 02:52:12 PM
 #2634

I PM'ed this to Evil-Knievel, after that I was like "its nothing private, why I didn't just posted it on the thread?"  Smiley here's my idea, let's discuss.

Hey,

Did you ever think about running vanitygen with supercomputer?



I think it's easy to create a pool for running a decentralized vanitygen pool, or something like this.

People who wants to create an address -> pays XEL (amount depends on work) and create job
People who wants to earn XEL -> runs a miner that solves incoming jobs automatically (without having the private keys of addresses, of course.)

just wanted to give an advice, I don't know about programming. I hope this is a good idea.

Best,

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
Piston Honda
Legendary
*
Offline Offline

Activity: 1400
Merit: 1009


Juicin' crypto


View Profile
November 07, 2017, 02:53:53 PM
 #2635

lol blahbalhablaha - like anyone in here knows ANYTHING of wtf is going on with XEL or their tech.  make it sound like fucking no-it-alls lol.

all you can do now is baghold and wait, in addition to buying more cheap XEL now given the alt market is rekt from whale/bots crashing all coins.

sooooooooooo buy cheap now, hold and in 2018 you'll enjoy the view from the moon.  Cool Shocked

www.dlsag.com ~ 1ex.trade
Dcrstats
Hero Member
*****
Offline Offline

Activity: 742
Merit: 519



View Profile
November 07, 2017, 02:55:23 PM
 #2636

What was XEL/USD rate during ICO?

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



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

Activity: 364
Merit: 105


OPEN GAMING PLATFORM


View Profile
November 07, 2017, 04:28:28 PM
 #2637

What was XEL/USD rate during ICO?

I thought there was no ICO. People received their tokens just as a gratitude for their donations(even if it looks the same as token sale, it wasn't Grin)
Or I am making a mistake?

mr.coinzy
Hero Member
*****
Offline Offline

Activity: 504
Merit: 507


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


View Profile
November 07, 2017, 04:54:22 PM
 #2638

What was XEL/USD rate during ICO?

I thought there was no ICO. People received their tokens just as a gratitude for their donations(even if it looks the same as token sale, it wasn't Grin)
Or I am making a mistake?

You are not mistaken.

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

Activity: 85
Merit: 11


View Profile
November 07, 2017, 08:19:53 PM
 #2639

This is one of the winners this- and next year.
xibeijan
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000


View Profile
November 08, 2017, 10:11:48 AM
 #2640

This is one of the winners this- and next year.

I've been saying that for a long time.  Very excited

Notable projects: Bitcoin, Ethereum, Semux, Wagerr, Elastic, TenX, Ardor, Quantum, Dero, Sia Storage
Pages: « 1 ... 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] 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 »
  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!