Hi
I've read quickly their white paper, which is not bad at all. It's actually closer to GridCoin, CureCoin than iEx.ec.
Their goal is to rely on the Boinc middleware which has been designed for Volunteer Computing. There are pro and cons with respect to Boinc. The good thing is that there's a large community and it's a well established software. The cons -- IMO it's a very common misunderstanding about Boinc-- is that BOINC has been designed for one particular kind of applications which are the SETI@home like. That is one almost infinite stream of tasks to execute, and Boinc has a unique ability to execute this kind of workload. No doubt about it. The point is that this kind of applications are very specific and quite rare even in the scientific world and certainly inexistent in the business world. Most of the time people have "peak" demand of extra computing capacity and they usually want rapid turn-around for there application. The misunderstanding is that Boinc is inefficient at treating those kind of workloads, which are in fact very common. Let's say you're designing a drug, you want the result of your simulation in couple of hours/days not weeks/months like with Boinc. In contrast XtremWeb-HEP has many features that are needed to implement the distributed Cloud and that are missing in Boinc. Because Boinc has not been designed for that purpose.
Also, another thing is that Boinc is really associated with altruistic behavior. Hard to build business use cases in this context.
But I like their white paper, it was well done. There are a couple of errors, but much less than in the Golem WP. I think that they are more experienced than Golem and they might release something truely useful before Golem.
Now if you look at the previous Oleg's posts, you'll see that we do have an edge (security, VM management, virtual networking), and later Oleg will continue to publish about data management, application management, etc... Our roadmap, go-to-market strategy, revenue model is way more defined than their.
and mincap/maxcap 200 BTC -- 20.000 BTC : 1 to 100 wow. ;-)
I do appreciate your reply to the sonm.io question. I saw the project and seems to me both project are in thesame market. That's why I ask for your opinion on the project