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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 198222 times)
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konamist
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June 14, 2017, 12:32:54 PM
 #321

is this project similar to Golem or iEx.ec?

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June 14, 2017, 12:38:41 PM
 #322

is this project similar to Golem or iEx.ec?

Well, it already has its own programming language and a working prototype.

There is more but I'm lazy. It's different in a positive way.
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June 14, 2017, 12:40:52 PM
 #323

I've just created a wallet (community) and used the faucet. Does the faucet even work?

I am waiting for this to be listed on any exchange so I can buy some. Looks good.

If you used this https://wallet.elastic.pw/index.html, then it's testnet wallet.
Wait for mainnet launch this Saturday and create a real one.

Faucet is also on testnet, but it probably doesn't work now (afaik)

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June 14, 2017, 12:57:35 PM
 #324

I saw this question on the Slack... it didn't get any answers and I have the same question myself so I thought I'd copy and paste it here:

Quote
hi all, i am really interested in this project but i am wondering - who "owns" elastic, i.e. not just who's the dev but who is going to be the "face" for elastic. the reason i ask is because i know that to get on bittrex, someone will need to verify their identity
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June 14, 2017, 01:05:08 PM
 #325

is this project similar to Golem or iEx.ec?

Read the articles on the home page - https://www.elastic.pw
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June 14, 2017, 01:26:37 PM
 #326

I've just created a wallet (community) and used the faucet. Does the faucet even work?

I am waiting for this to be listed on any exchange so I can buy some. Looks good.

If you used this https://wallet.elastic.pw/index.html, then it's testnet wallet.
Wait for mainnet launch this Saturday and create a real one.

Faucet is also on testnet, but it probably doesn't work now (afaik)

yes @tomkat is right, community wallet is another testnet (now) before mainnet, We will release lite wallet when mainnet is online, we are waiting instructions on @unvoid


@by rallier - by the way dude, all the best for your up-coming wedding next month.

After launch, let's make sure we've got the foundation up and running and funds flow to you and all the others (EK, coralreefer, unvoid, etc.)  that have committed so much time and effort to Elastic.

Thank you my friend, I will be afk 2-3 weeks later,  I am trying to work hard before my wedding Smiley)
Thank you to all @cyberhacker, @clivemy, @beyinsi, @bobmarley650, @ek, @ImI, @coral, @unvoid, ... and i can't say names but a lot of community and dev people.
We are making world better.

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June 14, 2017, 01:27:02 PM
 #327

Hi everyone!

I invested in the XEL during the ICO period and I would like to know how to access my XEL on the 17th of June.

Thanks

When the elastic project crowdfund started, I did the stupid mistake amidst all the ICO hype and send them 0.129BTC
[...] There have been many people bashing the shitty project and its rating is among the lowest in most ICO sites.

Well, it's fairly simple.

All you have to do is open the shitty wallet interface and log in with a made up passphrase of yours. Make sure it is strong though as it's working mostly like a brainwallet - a 12 word mnemonic should be fine. Then, once logged in, you click on the "Redeem" button on the upper left side and look up your address in the popup.

The screenshot is showing your particular entry preselected. Now, all you gotta do is use your Bitcoin client, or some other method, so sign the phrase in the blue box with your private key and paste it in the box below.

After a click on the "Redeem your XEL" button it will take just a few seconds to make your worst nightmare and stupidest idea of them all become true ;-)



+1

thanks for that explanation EK!

EYE




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June 14, 2017, 01:38:13 PM
 #328

I saw this question on the Slack... it didn't get any answers and I have the same question myself so I thought I'd copy and paste it here:

Quote
hi all, i am really interested in this project but i am wondering - who "owns" elastic, i.e. not just who's the dev but who is going to be the "face" for elastic. the reason i ask is because i know that to get on bittrex, someone will need to verify their identity

I doubt Elastic devs will allow to disclose their identities, so if that's the requirement from exchange, then the exchange will probably lose their part of the precious fees from Elastic trading.
If Elastic market will be big enough I'm pretty sure such exchange will have to make an exception and list Elastic anyway, or they will just earn nothing.
After all, no one was requiring Satoshi ro reveal himself in order to get BTC listed right?

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June 14, 2017, 01:41:21 PM
 #329

I saw this question on the Slack... it didn't get any answers and I have the same question myself so I thought I'd copy and paste it here:

Quote
hi all, i am really interested in this project but i am wondering - who "owns" elastic, i.e. not just who's the dev but who is going to be the "face" for elastic. the reason i ask is because i know that to get on bittrex, someone will need to verify their identity

I doubt Elastic devs will allow to disclose their identities, so if that's the requirement from exchange, then the exchange will probably lose their part of the precious fees from Elastic trading.
If Elastic market will be big enough I'm pretty sure such exchange will have to make an exception and list Elastic anyway, or they will just earn nothing.
After all, no one was requiring Satoshi ro reveal himself in order to get BTC listed right?

no body "owns" elastic...it is an open source project..anyone can join, contribute or be a part of it

EYE




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June 14, 2017, 04:24:48 PM
 #330

"Your passphrase will be sent to the server"

Why is that necessary? Why does the server need something more than the signature of the message and the public XEL address to send the coins to?

What risk are we running by sending this passphrase?

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June 14, 2017, 04:49:21 PM
 #331

"Your passphrase will be sent to the server"

Why is that necessary? Why does the server need something more than the signature of the message and the public XEL address to send the coins to?

What risk are we running by sending this passphrase?
this means the server who is hosting the wallet.
you can run this server locally on your computer . the NXT wallet has its own server and client


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June 14, 2017, 05:30:35 PM
 #332

A very interesting project ... I expect to be listed on some exchange to buy some amount ...

a $ 1 million usd questions (or 1 million xel , let's hope?) ...

which exchange do you think will be initially treated this coin? and what initial price target do you think it may have ? (for the first two or three days of trading or even after, reasonable price, although I understand that speaking of reasonable price at the present time of ico and cryptovalues is out of place) ...... I'm asking to give me a clearer idea when buying​​... I don' t know how much was the purchase price may have been during the donation / ico phase  ...
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June 14, 2017, 05:46:11 PM
 #333

I'm conservative and expect 50 million dollar with light wallet.  When the full elastic gets released, between 200-500 at the beginning.
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June 14, 2017, 06:07:54 PM
 #334

Elastic deserves a very substantial market cap in light of market sentiments and valuation of similar projects (I think no less than top 40+ to start with = 100+ mill$ cap at minimum).
Despite of the above said, I do not think we should be discussing prices here (there are otc and price speculation threads for that).

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June 14, 2017, 06:32:27 PM
 #335

100 million is a conservative guess imo. lets see


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blg42598
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June 14, 2017, 06:43:58 PM
 #336

Calm down about prices guys. I remember when ubiq launched everyone thought it would be $1 or a few dollars right at exchange launch. It was $0.02-0.04 at launch. It took a few months but it reached dollars.

LISK
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ltcgearscammed
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June 14, 2017, 08:04:17 PM
 #337


Well, it's fairly simple.

All you have to do is open the shitty wallet interface and log in with a made up passphrase of yours. Make sure it is strong though as it's working mostly like a brainwallet - a 12 word mnemonic should be fine. Then, once logged in, you click on the "Redeem" button on the upper left side and look up your address in the popup.

The screenshot is showing your particular entry preselected. Now, all you gotta do is use your Bitcoin client, or some other method, so sign the phrase in the blue box with your private key and paste it in the box below.

After a click on the "Redeem your XEL" button it will take just a few seconds to make your worst nightmare and stupidest idea of them all become true ;-)



Hi and thanks for your response. I am facing the following issue :





I managed to get the signature via blockchain.info and I was able to verify it, but I get an error. Why am I getting this 'Could not validate unsigned bytes returned by the server.' error? (I didn't upload the sig for obvious reasons)
trader19
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June 14, 2017, 08:08:33 PM
 #338


I managed to get the signature via blockchain.info and I was able to verify it, but I get an error. Why am I getting this 'Could not validate unsigned bytes returned by the server.' error? (I didn't upload the sig for obvious reasons)

because wallet is still on testnet, mainnet goes live on 17th with lite wallet. then you will be able to redeem your xel. you did well.

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neolinkhati
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June 14, 2017, 09:47:46 PM
 #339

blockchain.info is where i sent my donation from originally, and yes you can find the priv key if you have the 12 word passphrase still.



@dumple @syclone thanks!!!!

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DurbanPoison
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June 14, 2017, 10:28:32 PM
 #340

I saw this question on the Slack... it didn't get any answers and I have the same question myself so I thought I'd copy and paste it here:

Quote
hi all, i am really interested in this project but i am wondering - who "owns" elastic, i.e. not just who's the dev but who is going to be the "face" for elastic. the reason i ask is because i know that to get on bittrex, someone will need to verify their identity

I doubt Elastic devs will allow to disclose their identities, so if that's the requirement from exchange, then the exchange will probably lose their part of the precious fees from Elastic trading.
If Elastic market will be big enough I'm pretty sure such exchange will have to make an exception and list Elastic anyway, or they will just earn nothing.
After all, no one was requiring Satoshi ro reveal himself in order to get BTC listed right?

no body "owns" elastic...it is an open source project..anyone can join, contribute or be a part of it

You guys do realize that if nobody takes "ownership" of Elastic (i.e. nobody wants to reveal their identity) then that prevents XEL from ever being traded on the only exchanges that matter - Poloniex and Bittrex

It's gonna be kinda hard to hit that 100 million dollar marketcap trading on Yobit and Bitcointalk threads.
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