[ANN] Prometheus59 - a decentralized global blockchain-based supercomputer

[TopMasterPro]

Will this platform be usefull for private individuals and for what kind of tasks, or is it going to be useful for companies?

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[Kenyon59]

What the tracker is it going to be applied? Is in plans CoinMarketCap?

Coinmarketcap is in plans, but first the required criteria must be met. P59 will be listed on less demanding services at first, and once possible, on CMC.

Will this platform be usefull for private individuals and for what kind of tasks, or is it going to be useful for companies?

Both companies and individuals will be able to use Prometheus59. The goals may vary: commercial, non-commercial, with global meaning or just local private complex tasks. On top of that, 10% of the total capacity of the network will be allocated to support social projects that are not able to pay for the computing power of Prometheus59. Charity mission will start after the mainnet release and once the total capacity becomes considerable.

What the tracker is it going to be applied? Is in plans CoinMarketCap?

In "Links & Partners," there are some spots reserved for CMC, Coingecko and some other platforms/social media. Have a look there to get the idea of some of the future listings.

[FuryBeast]

Any plans to cooperate with other supercomputers, e.g. unite powers? Or independent development only.

[Mustachedwoman]

I believe, that these times will be advantageous enough for this new project, as the prognosys for bts is positively promising. The saling panic is over and its good time to create brilliant projects.

[Kenyon59]

Any plans to cooperate with other supercomputers, e.g. unite powers? Or independent development only.

Theoretically, that is possible if technologies align. However, the team doesn't have such plans for the nearest quarter. The development is planned to go independently, though probably there will be some cross-marketing etc.

[FuryBeast]

I believe, that these times will be advantageous enough for this new project, as the prognosys for bts is positively promising. The saling panic is over and its good time to create brilliant projects.

Yeah, accumulation + rise happening. Some alts must moon eventually.

[Kenyon59]

I believe, that these times will be advantageous enough for this new project, as the prognosys for bts is positively promising. The saling panic is over and its good time to create brilliant projects.

Yeah, accumulation + rise happening. Some alts must moon eventually.

I wouldn't reject the correlation between the market mood and the effectiveness of certain marketing steps, but it's also true that both marketing and development must go independently from sentiments.

[MotionEmotion]

Predicted growth will remain till July, as to analysts' articles, - that means the capital inflow and trust in the whole crypto market is taking place.

[nhetdq1]

Kenyon Sheppard holds the position of COMMUNITY MANAGER.

Does he have experience in blockchain projects?
Which ones?

[livetorise]

Will only money storage be available in wallet 1.0? Why create it if your main task is to rent computing power

[awen478]

At what stage of development is Mainnet now? - core network

Did you start writing code or is it just an idea?

[Kenyon59]

Will only money storage be available in wallet 1.0? Why create it if your main task is to rent computing power

Wallet 1.0 is a basic wallet without the ability to provide computing power. Wallet 1.0 is the main wallet until mainnet. The purpose of wallet 1.0 is to provide users with the convenience to work with their masternodes. Since the project has started before the testnet/mainnet releases, wallet 1.0 is a basic wallet to work with P59.

[MortalCrypto]

How do you estimate your chances to win over golem, etc. well-known projects?

[Kenyon59]

How do you estimate your chances to win over golem, etc. well-known projects?

Here's an excerpt that helps in understanding of differences in between Prometheus and other solutions:


1. Specific market pricing based on auction (not applied to Charity mission)

In Prometheus59, the so-called "marketplace" will have an auction element, which, in the event of a lack of capacity, will allow prioritizing the execution of tasks depending on the proposed payment (of course, prioritizing will not touch the Charity mission). This may be a win-win at the initial stages of development.

At the same time, if the price rises and there is a shortage of total computing power allocated for commercial tasks, the power providers will receive greater rewards proportionally to the amount of provided computing power.

Also, if there is a shortage of computing power in the network, a power renter (someone who needs computing power) can offer a higher price and thereby attract more users. In addition, users will be able to earn not only on the power provision but also on PoS. P59 will also have a task formalization system to process the maximum number of types of tasks suitable for distributed computing.

2. Specific way to determine payments for provided computing power

Payments will be formed depending on the total income of the system, but here is a fundamental nuance: all the resources allocated for Charity mission will be paid in the same way as resources used to solve commercial tasks. This will be good for marketing and drive more public attention.

3. Payments for the provided computing power, not a task
Instead of estimating the task itself by several parameters (which, for example, Golem does), Prometheus will take rely on computing power itself as an object of assessment. This will exclude the possible negative influence of certain task parameters, such as "timeout," when the task may remain unsolved.

When the marketplace object is a task, few possible outcomes are possible (for example: failed, timeout, rejected, accepted.) When the object of the marketplace is computing power, negative outcomes eliminated or even reduced totally. At the same time, the user only pays for the power he uses

[Aidonker]

Finally, there are at least some news about your project.

b) increase in computing power through such technologies as parallel computing and multi-core architectures.

This item deserves attention.

https://www.reddit.com/user/Prometheus_59/comments/bbjcyi/intro_or_why_supercomputers_like_prometheus59_are/

[geref74a]

It is said that by 2022 they will invent a quantum computer that will be multitasking. If this is real, then attack 51 on the ethereum and bitcoin blockchain is possible.

[Leila-P59]

At what stage of development is Mainnet now? - core network

Did you start writing code or is it just an idea?

The main aim now is to set up stable network and to make successful promoting, but the phase of testnet development process development will be held in parallel. The most intensive stage of preparation for the Testnet launch will take place next quarter.

[Kenyon59]

How do you estimate your chances to win over golem, etc. well-known projects?

This sector of industry is not overcrowded, and all the cometitiors can become stronger and teach each other. It is really important to carry out good advertising and promoting company.

Some cross-promotion is possible in future, but first P59 must grow to be noticeable.

[Brooklynist]

It is said that by 2022 they will invent a quantum computer that will be multitasking. If this is real, then attack 51 on the ethereum and bitcoin blockchain is possible.

Invention of quantum computer will change the world. I doubt the owners will care about crypto, as everything becomes possible with it. Crypto is too small, really, to pay any attention to it when you have unlimited capabilities.


Prometeus has a good idea, but there are already a bunch of competitors with wings spread. Given the technological differences written above in this topic, I do see some free room for this one. That will not be easy, especially in bear market, but if attracting attention step by step, maybe it possible.

[WhiskeyGinger]

It is said that by 2022 they will invent a quantum computer that will be multitasking. If this is real, then attack 51 on the ethereum and bitcoin blockchain is possible.

The double spending attack will be possible, but the fantastic speedy progress is solving many problems and will solve this as well.