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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 220823 times)
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maxxar
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February 06, 2018, 11:36:08 AM
 #3041

I really surprised XEL is dumped harder than other coins. Why those dumpers bought XEL to sell it at the current bottom? Smiley Thanks for selling so cheap Wink

It's not that surprising, this project suffered a major hit by one of the two devs leaving and the other only working on it in his spare time. People probably don't want to wait years for something to be released, when the major competitor projects are all releasing within the next months.
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February 06, 2018, 11:41:06 AM
 #3042

Now really unpleasant that the price has fallen so low. Will the project to the previous level at a price is still unknown. I hope that the developers will improve the project and the price will be restored.

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February 06, 2018, 01:09:46 PM
 #3043

I really surprised XEL is dumped harder than other coins. Why those dumpers bought XEL to sell it at the current bottom? Smiley Thanks for selling so cheap Wink

It's not that surprising, this project suffered a major hit by one of the two devs leaving and the other only working on it in his spare time. People probably don't want to wait years for something to be released, when the major competitor projects are all releasing within the next months.

What competitor projects? Cool
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February 06, 2018, 01:57:16 PM
 #3044


What competitor projects? Cool

iexec, sonm, golem, dadi, aelf, dfinity, .. take your pick. All trying to achieve similar goals, albeit with different methods.
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February 06, 2018, 02:08:01 PM
 #3045


What competitor projects? Cool

iexec, sonm, golem, dadi, aelf, dfinity, .. take your pick. All trying to achieve similar goal, albeit with different methods.

I only know some of those projects and they are not comparable to elastic. For example, SONM doesn't even have a whitepaper and they cannot explain how they pay the miners (Unanswered question: https://bitcointalk.org/index.php?topic=1845114.msg29159219#msg29159219 ).
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February 06, 2018, 02:42:42 PM
 #3046


What competitor projects? Cool

iexec, sonm, golem, dadi, aelf, dfinity, .. take your pick. All trying to achieve similar goal, albeit with different methods.

I only know some of those projects and they are not comparable to elastic. For example, SONM doesn't even have a whitepaper and they cannot explain how they pay the miners (Unanswered question: https://bitcointalk.org/index.php?topic=1845114.msg29159219#msg29159219 ).


Saying they are not comparable without any reasons isn't terribly convincing.

I'm not that into sonm, but I think you put up a security deposit as a "miner" (aka computation provider), not requiring proof of work.
I like iexec's solution of proof of contribution protocol for that particular problem: https://medium.com/iex-ec/about-trust-and-agents-incentives-4651c138974c.
abaumgar
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February 06, 2018, 03:00:08 PM
 #3047


What competitor projects? Cool

iexec, sonm, golem, dadi, aelf, dfinity, .. take your pick. All trying to achieve similar goal, albeit with different methods.

I only know some of those projects and they are not comparable to elastic. For example, SONM doesn't even have a whitepaper and they cannot explain how they pay the miners (Unanswered question: https://bitcointalk.org/index.php?topic=1845114.msg29159219#msg29159219 ).


Saying they are not comparable without any reasons isn't terribly convincing.

I'm not that into sonm, but I think you put up a security deposit as a "miner" (aka computation provider), not requiring proof of work.
I like iexec's solution of proof of contribution protocol for that particular problem: https://medium.com/iex-ec/about-trust-and-agents-incentives-4651c138974c.

I don't know iexec or what they call proof of contribution. Of course, this "proof of contribution" has to be some kind of "proof of work concept". Just giving it the name "proof of contribution" doesn't change this fact.

You are free to sell your XEL and buy iexec instead. There is no point in whining around here in the elastic thread.
 
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February 06, 2018, 03:09:46 PM
 #3048

Sold three weeks ago already. Just giving some perspective on why the price is dumping, as some people seem surprised by that.
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February 07, 2018, 06:50:39 AM
 #3049

Sold three weeks ago already. Just giving some perspective on why the price is dumping, as some people seem surprised by that.

I think the problem in the general market trend at the moment in particular is a sharp drop in the price of bitcoin. All this can drag on for a long time, it's terrible.

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February 07, 2018, 04:57:35 PM
 #3050


What competitor projects? Cool

iexec, sonm, golem, dadi, aelf, dfinity, .. take your pick. All trying to achieve similar goal, albeit with different methods.

I only know some of those projects and they are not comparable to elastic. For example, SONM doesn't even have a whitepaper and they cannot explain how they pay the miners (Unanswered question: https://bitcointalk.org/index.php?topic=1845114.msg29159219#msg29159219 ).


Saying they are not comparable without any reasons isn't terribly convincing.

I'm not that into sonm, but I think you put up a security deposit as a "miner" (aka computation provider), not requiring proof of work.
I like iexec's solution of proof of contribution protocol for that particular problem: https://medium.com/iex-ec/about-trust-and-agents-incentives-4651c138974c.

do any of those projects have their own blockchain? or erc20?  Grin Grin Grin
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February 07, 2018, 05:34:59 PM
 #3051

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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February 07, 2018, 05:54:49 PM
 #3052

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

So you offer to contribute to Elastic, or you just want others to join and create value for your XEL  Wink?
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February 07, 2018, 06:12:57 PM
 #3053

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

So you offer to contribute to Elastic, or you just want others to join and create value for your XEL  Wink?
I don't hold any XEL coins. Just saying, it would be better with others contribution.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
abaumgar
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February 07, 2018, 06:18:13 PM
 #3054

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

So you offer to contribute to Elastic, or you just want others to join and create value for your XEL  Wink?
I don't hold any XEL coins. Just saying, it would be better with others contribution.
Of course it would be better if there would be more people contributing to the project. But just saying that and not contributing is worth nothing...
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February 07, 2018, 06:53:50 PM
 #3055

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

team members do not care for pump and dump. they want to create a good technology not based on monetary gain like other projects. xel will grow at a slow pace because of dedicated devs and it does not matter what anyone else thinks. satoshis vision was not to gain money.
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February 07, 2018, 07:07:08 PM
 #3056

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

team members do not care for pump and dump. they want to create a good technology not based on monetary gain like other projects. xel will grow at a slow pace because of dedicated devs and it does not matter what anyone else thinks. satoshis vision was not to gain money.

buy the tech, not the marketing - besides, XEL is not complete yet, the marketing will come once there's a product to put on the market. lol


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February 07, 2018, 08:34:57 PM
 #3057

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

team members do not care for pump and dump. they want to create a good technology not based on monetary gain like other projects. xel will grow at a slow pace because of dedicated devs and it does not matter what anyone else thinks. satoshis vision was not to gain money.

buy the tech, not the marketing - besides, XEL is not complete yet, the marketing will come once there's a product to put on the market. lol



many people in crypto believe everything should be marketed before it is even half done all money grabbing and dont care about blockchain tech just their wallets Roll Eyes
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February 07, 2018, 08:46:45 PM
 #3058

Elastic would be better with more marketing and more exchanges but faster coding process and more team members are required before all else. The project has been going slowly for months. Many XEL owners (not investors) sold their coins accordingly.

team members do not care for pump and dump. they want to create a good technology not based on monetary gain like other projects. xel will grow at a slow pace because of dedicated devs and it does not matter what anyone else thinks. satoshis vision was not to gain money.

buy the tech, not the marketing - besides, XEL is not complete yet, the marketing will come once there's a product to put on the market. lol



many people in crypto believe everything should be marketed before it is even half done all money grabbing and dont care about blockchain tech just their wallets Roll Eyes

They should just buy some fancy scam-coins and hope for a pump.
Good that Elastic is different Cool
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February 08, 2018, 03:10:46 AM
 #3059

How are the updates coming from EK?  I don't see him post much anymore, maybe he ended up getting that new Tesla and drove off into the sunset.   Cheesy

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February 08, 2018, 05:20:48 PM
 #3060

How are the updates coming from EK?  I don't see him post much anymore, maybe he ended up getting that new Tesla and drove off into the sunset.   Cheesy

Yeah right, I just wanted to ask for an update too  Cheesy
Can you, the guys from slack, share an info with us please?
Any github commits expected in the near future?
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