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Author Topic: [ANN] [XEL] :: XEL - The Decentralized Supercomputer ::  (Read 251671 times)
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ttookk
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July 16, 2018, 09:03:53 PM
Merited by asdlolciterquit (1)
 #3521

Hi everyone,
i've seen that there is an other challenger of "Decentralized Supercomputer": iagon.

What do you think about it? Do you think that xel can still have its role in the market?

I am not too familiar with Iagons decentralized computing system, so I can't directly compare it with XEL, but I'm pretty sure there is a place for XEL in the ecosystem.

XEL is designed to do certain types of computations; those which are hard to compute, but easy to verify. This might seem as a shortcoming to be so specialized, but it means in this specific sector, it has huge advantages over other projects:

If you have a decentralized all-purpose computer, you either have an almost unsolvable trust problem or a lot of redundancy. For example, a common purpose for using rented computing power is rendering high quality videos. This needs a *lot* of computing power. For an attacker, it would be far easier to do the beginning and end of the video, throw some random data garbage in the middle and claim the reward. So, the user has to trust the worker to do the job they are paid for. You could set up an escrow system, but this system would need arbiters. Because the user could claim fault and present a broken file they created, even if the worker did their job perfectly. Or the user messed up by sending faulty data and blames the worker for it. A different approach would be to have two or more workers working on the same project, to check that they all did the job right. But all of them need to be paid (and they need to be paid a competitve price, mind you) and it is computing power wasted.

For most types of computation, there is no really easy way out there, at least not one that really improves on existing systems. You could just set up a centralized service, where workers can offer their computing power for ETH/BTC, with accounts and a trust system and all. Way less hussle and probably more effective.

XEL however focuses on a certain type of computations, those which are hard to compute, but easy to verify. Finding prime numbers could be one. Travelling salesman problem. Cracking passwords (only you own of course). Stuff where once you have a possible solution, you can go and say "yes, this looks about right". For this type of problems, XEL is perfect, because the system doesn't need the redundancy mentioned above. It also doesn't need a trust system. It's basically like finding blocks in a PoW system.

In that field, XEL will be competitive, because it is streamlined to do just that. Think of the other projects as swiss army knives: they can do a lot, but nothing of it really well. XEL is a high carbon, handforged chef knife, sharpened to perfection. It's really bad at opening cans and opening wine bottles, but the thing it can do, boy does it go.
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July 17, 2018, 05:22:23 PM
 #3522


There is a serious controversy about the importance of the project. From myself I want to say that the tasks for which the project is oriented are very complex and require a lot of time for development and debugging. I would not wait for a quick implementation from such a project. Here we are not talking about quick profits but about realizing the idea and bringing it to the working state.

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July 18, 2018, 09:24:26 AM
 #3523


There is a serious controversy about the importance of the project. From myself I want to say that the tasks for which the project is oriented are very complex and require a lot of time for development and debugging. I would not wait for a quick implementation from such a project. Here we are not talking about quick profits but about realizing the idea and bringing it to the working state.

A good project is almost everytime a difficult one... and it always takes time... people need to forget the quick profit if they want to invest on real projects...
A good project will always reward those who hold   Wink

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July 19, 2018, 07:24:46 AM
 #3524


There is a serious controversy about the importance of the project. From myself I want to say that the tasks for which the project is oriented are very complex and require a lot of time for development and debugging. I would not wait for a quick implementation from such a project. Here we are not talking about quick profits but about realizing the idea and bringing it to the working state.

I do agree with the points you highlighted above, but for me the main challenge for this platform is the funding, the likes of Golem, RLC, SONM and Filecoin all recieved huge amount form their ICO and could attract the best talents around. This project seems to be lacking dedicated developers and they need more hands to help out with development and this cost money

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July 19, 2018, 07:52:54 AM
 #3525


There is a serious controversy about the importance of the project. From myself I want to say that the tasks for which the project is oriented are very complex and require a lot of time for development and debugging. I would not wait for a quick implementation from such a project. Here we are not talking about quick profits but about realizing the idea and bringing it to the working state.

I do agree with the points you highlighted above, but for me the main challenge for this platform is the funding, the likes of Golem, RLC, SONM and Filecoin all recieved huge amount form their ICO and could attract the best talents around. This project seems to be lacking dedicated developers and they need more hands to help out with development and this cost money

well succeded ICO's are always a big advantage... the hard thing is to do it without the ICO...
money and skilled people are needed on every project and I agree this could be what is lacking here...
maybe if the project was better known...

 

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July 19, 2018, 08:00:06 AM
Last edit: July 19, 2018, 08:15:38 AM by Evil-Knievel
 #3526

... quick reminder: this project here actually works and it is, to my knowledge, the only one that is capable of distributing your work efficiently to all online miners simultaneously (similar to the concepts behind BOINC).

Regarding paid developers: my experience is that most of them are pretty good at finding a nice work-life-equilibrium: working as little as possible, but just enough to not get fired. True innovation comes from the geek in the basement  Wink
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July 19, 2018, 08:18:15 AM
 #3527

Regarding paid developers: my experience is that most of them are pretty good at finding a nice work-life-equilibrium: working as little as possible, but just enough to not get fired. True innovation comes from the geek in the basement  Wink

Haha that's so true

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July 19, 2018, 07:34:27 PM
 #3528

Regarding paid developers: my experience is that most of them are pretty good at finding a nice work-life-equilibrium: working as little as possible, but just enough to not get fired. True innovation comes from the geek in the basement  Wink

Haha that's so true

Exactly Smiley

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July 19, 2018, 07:42:56 PM
 #3529

Class presentation of the project - I liked it. There are already many game projects, but I think that yours will be one of the best. Do not disappoint.
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July 19, 2018, 09:02:46 PM
 #3530

Game projects? This is not a game project!
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July 20, 2018, 07:38:42 AM
Last edit: July 20, 2018, 03:27:08 PM by trumpman
 #3531

Game projects? This is not a game project!

He is probably just spamming threads to increase his post count Smiley

 
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July 20, 2018, 04:35:49 PM
 #3532

Hi,

Could someone point me to the Github for this project please?
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July 20, 2018, 04:59:29 PM
 #3533

Hi,

Could someone point me to the Github for this project please?

https://xel.org/

https://github.com/xel-software/orientation/blob/master/README.md


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July 20, 2018, 05:09:55 PM
 #3534


There is a serious controversy about the importance of the project. From myself I want to say that the tasks for which the project is oriented are very complex and require a lot of time for development and debugging. I would not wait for a quick implementation from such a project. Here we are not talking about quick profits but about realizing the idea and bringing it to the working state.

Most likely, all these plans will be implemented in less than one month. it should take a while for this to be realized. It should take almost a year to reach this. but I do not think it's bad.

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July 20, 2018, 05:23:40 PM
 #3535


There is a serious controversy about the importance of the project. From myself I want to say that the tasks for which the project is oriented are very complex and require a lot of time for development and debugging. I would not wait for a quick implementation from such a project. Here we are not talking about quick profits but about realizing the idea and bringing it to the working state.

Most likely, all these plans will be implemented in less than one month. it should take a while for this to be realized. It should take almost a year to reach this. but I do not think it's bad.
I agree with you on this matter. Of course everything takes a lot of time. And who knows generally what will happen in the future, maybe a year or two will succeed. And will be all happiness.

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July 20, 2018, 07:02:48 PM
 #3536


Thanks
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July 21, 2018, 08:12:33 AM
 #3537

https://www.coinex.com/vote/project?id=10

Guys if you have a coinex account please vote for xel (click link above). We need about 500 votes to get listed and it's a pretty big exchange, 500 is a doable number Smiley

 
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July 21, 2018, 11:12:17 AM
 #3538

https://www.coinex.com/vote/project?id=10

Guys if you have a coinex account please vote for xel (click link above). We need about 500 votes to get listed and it's a pretty big exchange, 500 is a doable number Smiley

500 is indeed a doable number but I actually think many won't have an account there and are too lazy to sign up just for voting. Would be nice to see some additional exchanges even though I think the project is doing well these days



BTW is there any news from xeline? The last major update seems to be a while back now

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July 21, 2018, 12:07:18 PM
 #3539

https://www.coinex.com/vote/project?id=10

Guys if you have a coinex account please vote for xel (click link above). We need about 500 votes to get listed and it's a pretty big exchange, 500 is a doable number Smiley

I think we should make an effort, register on coinex and vote.

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July 21, 2018, 06:28:51 PM
 #3540

Cool account name  Wink
http://elasticexplorer.org/address/XEL-M34X-2YTQ-JRDZ-97DKN/

...and he's buying Smiley

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