Author

Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 172. (Read 450523 times)

legendary
Activity: 1232
Merit: 1001
in the meantime golem hype is growing, feels like they are stealing our show  Angry makes me mad

https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
sr. member
Activity: 464
Merit: 260

Although I agree with his assessment of the memory contraint in XEL making it useful to only limited use cases, I really don't understand the concept of integrating BOINC into a coin.  First, we already have GridCoin doing a pretty good job of that...but if you look at BOINC as a whole, I don't see any need a cryptocoin to draw people in...look at how much interest BOINC already has.  Also, I've never liked the idea of POW for any of these science coins...I don't think it helps, but it does complicate things.  I personally would have preferred if XEL got rid of it.

I always figured the market for XEL was for research on problems that aren't necessarily large / glamorous....maybe just some simple research a scientist needs extra computing power for, and is willing to pay a small bounty for miners who solve the problem...but I do agree XEL servers need to suppor larger memory usage...just not sure if it's possible in this current design.
full member
Activity: 190
Merit: 100

So, they expect (or rather hope) to get to the market faster than XEL?
Well, either they're almost ready with their product, or they have no clue what's going on here.
I think the latter, since they probably checked elastic-project.com website only, and not this thread.

I went over there and mentioned this forum.  Maybe they'll join in.
hero member
Activity: 1022
Merit: 507

So, they expect (or rather hope) to get to the market faster than XEL?
Well, either they're almost ready with their product, or they have no clue what's going on here.
I think the latter, since they probably checked elastic-project.com website only, and not this thread.
ImI
legendary
Activity: 1946
Merit: 1019
sr. member
Activity: 548
Merit: 265
My old account was "Ghoom" (hacked) u=199247
hero member
Activity: 1111
Merit: 588
Should I redeem now or I can wait to the mainnet?

You can't redeem at the moment , we are still on testnet . EK said that probably he will be finished with most of his tasks by the end of this month . After that , probably , mainnet will be launched .
legendary
Activity: 1260
Merit: 1168
Should I redeem now or I can wait to the mainnet?

Redeeming now makes no sense other than for testing.
sr. member
Activity: 422
Merit: 250
Should I redeem now or I can wait to the mainnet?
full member
Activity: 139
Merit: 100
I was just wondering what is the next step. If there was any news. Many thanks for info to everyone!

Redeeming is as easy as this:



Thanks a lot Smiley!
full member
Activity: 139
Merit: 100
Hello,

I am invest in Elastic Project. What will be (or is) the procedure to get XEL . Just have to wait for XEL release? We got XEL to BTC address? I would ask for procedures.

Maybe it's anybody ever asked, but I spotted anywhere.
Many thanks!

I'm sure there will be Instructions when the Mainnet is released.

I thought that was where already published... Many thanks.

you will need the privat key of the btc wallet you sent your btc from

Yes I know, because it was ICO rules Smiley I was just wondering what is the next step. If there was any news. Many thanks for info to everyone!

As soon as the mainnet is ready you will most likely generate a XEL address and sign a BTC message with that XEL address. Then your amount of XEL will be sent to that XEL address.

Thnaks a lot!
full member
Activity: 190
Merit: 100
Also; is it an idea to get an business/sales/marketing/manager all in one guy on board who will:

-Creates awareness of XEL
-Builds relationships
-Attracts big investors
-Manages the business aspect of XEL
-Approach company's who want to work with the XEL technology
-Takes care for the marketing, approaching PR company's, manages social media
-Blog writing

I think its very important to have someone who can do all above tasks.

Each crypto project should be approached as an business and needs someone who takes care of the business aspects.
I think we should make a fund for hiring / paying such a pr guy and ensure further dev of XEL. i would provide 10% of my XEL

I'd give 10% too. It's not 100k but much less.  Wink

Maybe there could be a claiming process at launch, with an integrated process to give a specific percentage to a fund for the devs and a "Foundation".
very good idea!

We're in a bit of a catch 22 position at the moment, since in order to get PR, the Website and Press Releases up and going, we need information and the people with the detailed information about the Elastic Project are busy doing the development work, so don't have the time to provide the information necessary to get a PR campaign going.
hero member
Activity: 2147
Merit: 518
how do i buy XEL?

You can't. The mainnet hasn't launched yet.
Thank you. What is the idea of a decentralized computer? I do not understand.

It is decentralized supercomputer , you can read more info about supercomputers here https://en.wikipedia.org/wiki/Supercomputer
Thank's bro!

Pathetic lies. Those made-up computers exist as a sandbox for testing out features that are gonna be implemented in eth. Keep preparing the ground for buthereums liftoff.
hero member
Activity: 690
Merit: 500
a Decentralized Supercomputer with mining?? How does that work? Huh

It's not really a miner and there's talk of re-naming it to a 'Elastic Processing Unit' (EPU), as it allows the data needing to be crunched by the 'miners' to produce the necessary output for the person or organisation needing their data to be processed.

hm, Elastic Processing Unit' (EPU) is good. it can be.

I'd like to suggest "Elastic Processing Network" because it's not a single unit. It is, you know... a network Grin

The 'miner' is not a network (although it links you to the network), it's a tool that there's talk or renaming to 'Elastic Processing Unit' (EPU) so there's not the confusion around it that currently exists, because of what the term 'miner' normally means..

I thought it was about renaming the whole project. My bad.
ImI
legendary
Activity: 1946
Merit: 1019

The term "miner" brings up the question about inflation. Cause usually where is a miner there is inflation in crypto. But XEL uses POS as underlying tech so we have no inflation.
full member
Activity: 190
Merit: 100
a Decentralized Supercomputer with mining?? How does that work? Huh

It's not really a miner and there's talk of re-naming it to a 'Elastic Processing Unit' (EPU), as it allows the data needing to be crunched by the 'miners' to produce the necessary output for the person or organisation needing their data to be processed.

hm, Elastic Processing Unit' (EPU) is good. it can be.

I'd like to suggest "Elastic Processing Network" because it's not a single unit. It is, you know... a network Grin

The 'miner' is not a network (although it links you to the network), it's a tool that there's talk or renaming to 'Elastic Processing Unit' (EPU) so there's not the confusion around it that currently exists, because of what the term 'miner' normally means..
hero member
Activity: 690
Merit: 500
a Decentralized Supercomputer with mining?? How does that work? Huh

It's not really a miner and there's talk of re-naming it to a 'Elastic Processing Unit' (EPU), as it allows the data needing to be crunched by the 'miners' to produce the necessary output for the person or organisation needing their data to be processed.

hm, Elastic Processing Unit' (EPU) is good. it can be.

I'd like to suggest "Elastic Processing Network" because it's not a single unit. It is, you know... a network Grin
hero member
Activity: 661
Merit: 500
I didnt want to quote the image EK posted. BUT that is awesome, the redeem funcitonality built into the app. Fucking next gen shit EK. Good work.
sr. member
Activity: 350
Merit: 250
CrowdWiz
a Decentralized Supercomputer with mining?? How does that work? Huh

It's not really a miner and there's talk of re-naming it to a 'Elastic Processing Unit' (EPU), as it allows the data needing to be crunched by the 'miners' to produce the necessary output for the person or organisation needing their data to be processed.

hm, Elastic Processing Unit' (EPU) is good. it can be.
full member
Activity: 190
Merit: 100
a Decentralized Supercomputer with mining?? How does that work? Huh

It's not really a miner and there's talk of re-naming it to a 'Elastic Processing Unit' (EPU), as it allows the data needing to be crunched by the 'miners' to produce the necessary output for the person or organisation needing their data to be processed.
Jump to: