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Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 165. (Read 450523 times)

sr. member
Activity: 464
Merit: 260
Hopefully EK will have some updates soon.  I have another project I need to work on so I'll be back in a week or two to check on how things are going.
hero member
Activity: 1022
Merit: 507

...
Yes, but XEL is PoS coin in general - block rewards generated for staking, right?
If so, what's PoS rate, or reward per block?
If not, what's the incentive to secure blockchain then?

Yes, POS is the only thing used to secure the blockchain.  I didn't work on the core server, so EK will need to provide the rate/reward details.

The mining is a service that XEL provides to authors of jobs.  The work performed by the miner does not contribute in any way to securing the blockchain.  It's simply a value added service that runs on this blockchain which consists of POW mining along with Bounties for valid ElasticPL solutions.

So, what's the PoS rate, or block reward for XEL? @EK, was it defined, discussed earlier...?

The amount of tokens is fixed. Like NXT, rewards consist of transaction fees. No new tokens will be created.

ttookk, do you think tx fees are enough to keep the chain going?
what about changing to full PoS with block rewards?
newbie
Activity: 154
Merit: 0
Why is the website http://www.elastic.pro/ offline?
Because guy who was responsible for this website is offline.

i think some issues are part of this project so do not be afraid for going further.
legendary
Activity: 1848
Merit: 1334
just in case
Do you think update announce topic context? You should do.
It might be more good with updates in the first page for PR.
full member
Activity: 208
Merit: 100
hero member
Activity: 742
Merit: 501
Sabırtaşı
sr. member
Activity: 581
Merit: 253
What is the actual incentive to run the super node? (and what are hardware requirements?)

Thanks.
legendary
Activity: 1260
Merit: 1168
Why is the website http://www.elastic.pro/ offline?
Because guy who was responsible for this website is offline.

Actually, nobody is even interested in the website cited above, because the most current url is: http://elastic-project.com
hero member
Activity: 535
Merit: 500
Why is the website http://www.elastic.pro/ offline?
Because guy who was responsible for this website is offline.
member
Activity: 68
Merit: 10
Why is the website http://www.elastic.pro/ offline?
sr. member
Activity: 243
Merit: 250
Hi EK,I see last week the elastic-core's github updated some fixes during long time silent,It's ready for lauch mainnet february?

I am setting up some testnet nodes today or tomorrow, so we can test the super node approach. But before we can test them, we need to get the super node software (the verifier or however we want to call it) done - we work with two people on it and it should be finished soon.

That doesn't mean that we cannot launch the next generation of the testnet before though ;-) it's just that we can't test the work distribution / verification mechanism without this software.


We now got three people code working team,Wonderful!

OK,and pls let me know how to test super node and when,I can test and contribute some.
hero member
Activity: 994
Merit: 513

...
Yes, but XEL is PoS coin in general - block rewards generated for staking, right?
If so, what's PoS rate, or reward per block?
If not, what's the incentive to secure blockchain then?

Yes, POS is the only thing used to secure the blockchain.  I didn't work on the core server, so EK will need to provide the rate/reward details.

The mining is a service that XEL provides to authors of jobs.  The work performed by the miner does not contribute in any way to securing the blockchain.  It's simply a value added service that runs on this blockchain which consists of POW mining along with Bounties for valid ElasticPL solutions.

So, what's the PoS rate, or block reward for XEL? @EK, was it defined, discussed earlier...?

The amount of tokens is fixed. Like NXT, rewards consist of transaction fees. No new tokens will be created.
hero member
Activity: 1022
Merit: 507

...
Yes, but XEL is PoS coin in general - block rewards generated for staking, right?
If so, what's PoS rate, or reward per block?
If not, what's the incentive to secure blockchain then?

Yes, POS is the only thing used to secure the blockchain.  I didn't work on the core server, so EK will need to provide the rate/reward details.

The mining is a service that XEL provides to authors of jobs.  The work performed by the miner does not contribute in any way to securing the blockchain.  It's simply a value added service that runs on this blockchain which consists of POW mining along with Bounties for valid ElasticPL solutions.

So, what's the PoS rate, or block reward for XEL? @EK, was it defined, discussed earlier...?
legendary
Activity: 1848
Merit: 1334
just in case
@EK, When do you want to deploy project to GitHub ?
I am following on it.
sr. member
Activity: 581
Merit: 253
legendary
Activity: 1526
Merit: 1034
How I can get XEL adress?

You cannot get XEL at this point in time. There was an ICO that took place over the course of several months last year, which is where all current addresses come from. If you'd like to buy some XEL, you'll have to wait to buy from an exchange once the mainnet launches.
full member
Activity: 221
Merit: 100
How I can get XEL adress?
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