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Author Topic: [ANN] [XEL] :: XEL - The Decentralized Supercomputer ::  (Read 252138 times)
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foggywhite007
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November 18, 2017, 03:32:39 PM
 #2681

Yes after the price bounced off from 2900 to 4800 thought the trend line was broken and price will go up.The updates should go. Decided to purchase. And the price is now 3200 FAK took the bait. Forgot to put stop losses because I thought you won't fail.
I know that the project is worthwhile, and if it will successfully then the price will fly to the moon

But to be honest I want to project is shot and there are fears that everything will be successful. After all, movies about the end of the world now is like a super computer controlling it. it can be dangerous...

But I still hodl coin

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November 18, 2017, 03:44:53 PM
 #2682

I like Elastic but there is a lot of competition in this space. Golem clearly has the lead right now and the first mover advantage. SONM just partnered with Sia to combine their decentralized computing services with Sia's decentralized storage. iExec RLC is another competitor that I need to look into more. But ultimately Elastic needs to do something to make it stand out from the rest of the bunch and so far it has not.
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November 18, 2017, 03:50:53 PM
 #2683

at the end of October came a message that XEL was Partneriai with a marketing Agency and was thinking now with this product (still under test) now, the price will go up. but yet, alas.
I know that xel is a long lasting project. And if they still manage to create a supercomputer, the price will skyrocket.

The statement made about the partnership with a marketing agency was a little premature. You can find more information about it in this article.

But in my opinion, it doesn't really matter, because once there's a new version out, we can find many others if needed.

Confuses the phrase, about that ...we won’t carry on marketing campaign Elastic...

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asdlolciterquit
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November 18, 2017, 07:08:15 PM
 #2684

Set your account's info or make an outgoing transaction!

ok, thx. How can i set my account's info? And did my account can be compromised? Do you think should i need to create a new one?

Use the button 'Info'

see here for more information (it's from NXT help, but XEL is based on the same technology)
https://nxtwiki.org/wiki/How-To:AnnouncePublicKey
https://nxtwiki.org/wiki/How-To:CreateAccount#Register_your_public_key

Quote
When sending NXT to a new account using the new account's address the resulting account is protected only by 64 bit account id which is somewhat weak and not by the 256 public key which provides ultimate protection.

[Edit] No need to create new account - you'll need to perform the same steps

thank you so much.

I've just send a few xel to my bittrex's deposit. Now my account is protected? That message is disappeared.
Is it possible that in this 24 hours somebody brute force my passphrase?

Thanks again!

I doubt it's possible - you're safe - don't worry  Smiley

thanks again!

i'm wondering: there is a way to make a physical backup of my wallet? I can't find it on my pc...it's only online?

I'm asking because with xem i have a wallet.dat..
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November 18, 2017, 08:45:33 PM
 #2685



thanks again!

i'm wondering: there is a way to make a physical backup of my wallet? I can't find it on my pc...it's only online?

I'm asking because with xem i have a wallet.dat..

Your passphrase is enough. You don't need to backup any files.
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November 19, 2017, 01:47:34 PM
 #2686

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.
BTCspace
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November 19, 2017, 02:59:11 PM
 #2687

how is the project going..

i was promoting Qtum earlier, and it become a 1 billion dollars market now..

i hope Elastic become 1 billion dollars market.


running farm worldwide
asdlolciterquit
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November 19, 2017, 03:43:23 PM
 #2688

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.

i need something like that too.
Infact i don't even know what forgin is...can someone explain or link me something?

NutMasterTardd2
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November 19, 2017, 06:47:30 PM
 #2689

how is the project going..

i was promoting Qtum earlier, and it become a 1 billion dollars market now..

i hope Elastic become 1 billion dollars market.



You will probably be waiting a good period of time, but XEL is definitely deserving of it.

:: Elastic - The Decentralized Supercomputer ::
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November 19, 2017, 07:06:44 PM
 #2690

how is the project going..

i was promoting Qtum earlier, and it become a 1 billion dollars market now..

i hope Elastic become 1 billion dollars market.



You will probably be waiting a good period of time, but XEL is definitely deserving of it.

I agree with you. People are comparing elastic with golem. Please look at the total market capitalization. 22.3m $ elastic and 180m $ golem. Which means nearly 1/9. this project has big potential for short-term and for long-term. 1b $ market cap. is a long way but not impossible.
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November 19, 2017, 07:17:10 PM
 #2691

how is the project going..

i was promoting Qtum earlier, and it become a 1 billion dollars market now..

i hope Elastic become 1 billion dollars market.



You will probably be waiting a good period of time, but XEL is definitely deserving of it.

I agree with you. People are comparing elastic with golem. Please look at the total market capitalization. 22.3m $ elastic and 180m $ golem. Which means nearly 1/9. this project has big potential for short-term and for long-term. 1b $ market cap. is a long way but not impossible.

We all need something like that, but it doesn't seems real ...at the moment Wink
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November 19, 2017, 08:48:53 PM
 #2692

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.

i need something like that too.
Infact i don't even know what forgin is...can someone explain or link me something?


Forging is nothing more than verifying Blocks for their validity also know as POS (Proof of Stake). In the process you get rewarded with transaction fees on your validated Block.
You need to have minimum 1000XEL on your balance to Forge, you can start Forging after your balance is confirmed for 1440+ blocks. To start Forging you need to have local node running 24/7 and activate it with click of the button.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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November 19, 2017, 09:45:14 PM
 #2693

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.

i need something like that too.
Infact i don't even know what forgin is...can someone explain or link me something?


Forging is nothing more than verifying Blocks for their validity also know as POS (Proof of Stake). In the process you get rewarded with transaction fees on your validated Block.
You need to have minimum 1000XEL on your balance to Forge, you can start Forging after your balance is confirmed for 1440+ blocks. To start Forging you need to have local node running 24/7 and activate it with click of the button.


thank for you answer man.

Just a few more question:
1)what happen if my pc reboot or it just turn off for few hours?
2)how many xel i gain in e week if i have 3k xel in my wallet?

Thanks in advance!
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November 20, 2017, 07:08:27 AM
 #2694

I'm downloading the windows wallet... anything I should be aware of?  I'm tired of storing my XEL on bittrex... not safe.

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November 20, 2017, 08:02:51 AM
 #2695

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.

i need something like that too.
Infact i don't even know what forgin is...can someone explain or link me something?


Forging is nothing more than verifying Blocks for their validity also know as POS (Proof of Stake). In the process you get rewarded with transaction fees on your validated Block.
You need to have minimum 1000XEL on your balance to Forge, you can start Forging after your balance is confirmed for 1440+ blocks. To start Forging you need to have local node running 24/7 and activate it with click of the button.


thank for you answer man.

Just a few more question:
1)what happen if my pc reboot or it just turn off for few hours?
2)how many xel i gain in e week if i have 3k xel in my wallet?

Thanks in advance!


ad 1 - you will not be forging, and won't receive fees from forged blocks for that period
ad 2 - there's no block reward in XEL, so your income depends on the fees included in the blocks that you forge - since there're not too many transactions in the network (at the moment) the fees are not impressive. With 3k xel you won't earn too much - depending on the number of forgers you'll probably get a block once per several hours, or even once per few days.
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November 20, 2017, 09:33:50 AM
 #2696

how is the project going..

i was promoting Qtum earlier, and it become a 1 billion dollars market now..

i hope Elastic become 1 billion dollars market.



You will probably be waiting a good period of time, but XEL is definitely deserving of it.

I agree with you. People are comparing elastic with golem. Please look at the total market capitalization. 22.3m $ elastic and 180m $ golem. Which means nearly 1/9. this project has big potential for short-term and for long-term. 1b $ market cap. is a long way but not impossible.

we will have to see how everything plays out. I don't really like price speculation, but I believe a bigger market cap would help to spread the word and more people will be trying the platform when fully released

The new Cryptocurrency book "The Magical World of Cryptocurrencies" is out now and available for free to everyone!
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asdlolciterquit
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November 20, 2017, 10:06:21 AM
 #2697

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.

i need something like that too.
Infact i don't even know what forgin is...can someone explain or link me something?


Forging is nothing more than verifying Blocks for their validity also know as POS (Proof of Stake). In the process you get rewarded with transaction fees on your validated Block.
You need to have minimum 1000XEL on your balance to Forge, you can start Forging after your balance is confirmed for 1440+ blocks. To start Forging you need to have local node running 24/7 and activate it with click of the button.


thank for you answer man.

Just a few more question:
1)what happen if my pc reboot or it just turn off for few hours?
2)how many xel i gain in e week if i have 3k xel in my wallet?

Thanks in advance!


ad 1 - you will not be forging, and won't receive fees from forged blocks for that period
ad 2 - there's no block reward in XEL, so your income depends on the fees included in the blocks that you forge - since there're not too many transactions in the network (at the moment) the fees are not impressive. With 3k xel you won't earn too much - depending on the number of forgers you'll probably get a block once per several hours, or even once per few days.

thank you for the answer.

Nevermind if the income are not so much.  I didn't choose xel for the forgin (i didn't even knew it), but because i think it's a really great idea!
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November 20, 2017, 02:24:02 PM
 #2698

The XEL project looks a bit stagnant, or is it difficult to develop?I always believe that supercomputing power will drive the whole blockchain industry.Its market is huge.
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November 20, 2017, 02:25:25 PM
 #2699

it'll be huge but WILL TAKE LOOOONG Sad

bagholding some, but bought more to avg down the buy in so all good now since it's been stupid cheap since last month.

basically holding and fogetting about this until 2nd half 2018.  Cool

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November 20, 2017, 02:27:11 PM
 #2700

Starting to get impatient with the progress of the coin, but I know from experience that when I start feeling this way, a huge price increase is imminent, so I'll definitely hold on!
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