As with just about any other blockchain project I've come across, we are in a proof-of-concept-phase.
Exactly the point I was trying to make...you just probably stated it better.
@coralreefer
Is there any chance you could outline some use cases for us?
As you correctly state, there's an awful lot of misnomers around what Elastic can and can't do.
clivemy, unfortunately I'm probably not the best person for that. But if anyone has a question as to a specific use case can be handled by xel, I could answer that (i.e. someone on slack talked about a market prediction algo...yes, xel can do that...here someone asked about video rendering and mining other coins...no we can't do that).
But one thing to keep in mind. The main reason to go with SNs is that the possibilities for xel are great. It can be expanded to fulfill any number of use cases. Without the SNs...as someone else stated...xel would pretty much be a big calculator due to the the limitations of the core servers.
So I get there are concerns with the SN implementation. It may not be perfect at first...but the idea is to put a framework in place that can allow people to build on. Without it, we'd be extremely limited.
I realize people want to cash in on the ICO...but, I really just wish this was just an open source project with no ICO. This project is not about making people a bunch of money...it is about doing something that hasn't been done before that may provide a great benefit to the scientific community.