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Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 287. (Read 450524 times)

hero member
Activity: 588
Merit: 500
Gon Totto
Total coin 5 M right ?

what will happen to unsold ICO ?
i see only 70 % XEL claimed by donation.
hero member
Activity: 1039
Merit: 510
Awesome, thank you! Smiley
ImI
legendary
Activity: 1946
Merit: 1019
Until when does the ICO approximately last (not in blocks but in calendar time)?

Thank you! Smiley

Generally 8 minutes for 1 block, 8*852 blocks = 6816 mins

6816 mins/ 1440 = 4.73 days

10min per block

equals around 6 days
legendary
Activity: 1232
Merit: 1001
Until when does the ICO approximately last (not in blocks but in calendar time)?

Thank you! Smiley

Generally 8 minutes for 1 block, 8*852 blocks = 6816 mins

6816 mins/ 1440 = 4.73 days
hero member
Activity: 1039
Merit: 510
Until when does the ICO approximately last (not in blocks but in calendar time)?

Thank you! Smiley
legendary
Activity: 1232
Merit: 1001
459 People donated so far, this project reminds me NXT ICO.
hero member
Activity: 686
Merit: 500
hi guys.

what do you think about Golem?  http://golemproject.net/

and this is my post about comparision.

http://btc12.com/2016/08/11/golemsupercomputer/

so many good project lately! Wink
legendary
Activity: 1260
Merit: 1168
Hackathon Announcement

Before starting a generalized bug bounty program, I thought it might be a good idea to start a

HACKATHON

Where certain functions of elastic (and only those) will be tested.
I would suggest that the procedure is as follows:

- Every 4 days a different feature will be tested with a specific goal (such as: "create a custom transaction which is able to exploit the automatic refund process in order to refund more than it should").
- Along with a task a Github commit hash will be published which has to be used to perform the attack.
- The first one who manages to provide a working proof-of-concept code gets a reward of 2 BTC.

What do you think? Is it a good idea? The codebase right now has one more little bug in the automatic work cancellation procedure, so we cannot start right away. I will push a fix very soon this weekend, and then we could begin. I would also suggest to use a separate thread for this. Also I would need Lannisters approval if he agrees since he will have to do the payouts.


You should setup elastic AFTER I have pushed the fix, here is a video tutorial on how to do it along with some explanations on how elastic works and on how to set it up properly.

legendary
Activity: 1260
Merit: 1168
I will shoot him a bitmessage right now.
hero member
Activity: 535
Merit: 500
the genesis block record has stopped updating for 4 days?

@Lannister can't you just install supervisor (if script is running in linux env) to automatically boot up script if it crashes?
full member
Activity: 173
Merit: 100
the genesis block record has stopped updating for 4 days?
legendary
Activity: 1232
Merit: 1001
I've tried to sign up to XEL forum, but registration was disabled.

The forum will be active at the same date with the mainnet?
legendary
Activity: 1330
Merit: 1000
hi guys.

what do you think about Golem?  http://golemproject.net/

and this is my post about comparision.

http://btc12.com/2016/08/11/golemsupercomputer/
legendary
Activity: 1232
Merit: 1001
last 1300 blocks, I am happy to be the one of 450 investors.
legendary
Activity: 1260
Merit: 1168
Could you explain that what does it calculate or solve during mining(doing calculating/solving algorithms or math questions) since it is a supercomputer.

Well, it solves the user provided proof-of-work algorithms. They can be anything and they are programmed in elastic's own programming language ElasticPL.
One example it to use ElasticPL to mine other blocks (of different cryptocurencies).

Mining Bitcoin block #0 (the genesis block) could be done this way:
(Note: m[22] is the nonce which is meant to be found, the rest is the blockheader and some mandatory ElasticPL overhead)

Code:
input 3;
m[3]=16777216;
m[4]=0;
m[5]=0;
m[6]=0;
m[7]=0;
m[8]=0;
m[9]=0;
m[10]=0;
m[11]=0;
m[12]=1000599037;
m[13]=2054886066;
m[14]=2059873342;
m[15]=1735823201;
m[16]=2143820739;
m[17]=2290766130;
m[18]=983546026;
m[19]=1260281418;
m[20]=699096905;
m[21]=4294901789;
m[22]=m[1];
SHA256 3 80;
SHA256 3 32;
verify (m[10]==0);


The "bounty submissions" are defined by the last line, so the scientist only gets solutions meeting this criteria,
and the POW hash is more complicated and involes the state and the random input to get unique hash value which must meet a certain target value.
hero member
Activity: 588
Merit: 501
Could you explain that what does it calculate or solve during mining(doing calculating/solving algorithms or math questions) since it is a supercomputer.
hero member
Activity: 522
Merit: 500
I want to take part in the crowdsale, would a fresh wallet with multibitHD be a good wallet to use to send?
legendary
Activity: 1330
Merit: 1000
hi

I am owner of  http://btc12.com/  , which is specially for disoriented Chinese ICO or related donation project hunters.

I post a special article for XEL http://btc12.com/2016/08/07/distributedcomputation-elastic/

Hope XEL websites can put a link of my blog as a media partner.
hero member
Activity: 994
Merit: 513
What keeps a miner from sending the same hash over and over again?

You can be sure that this very simple attack is one of the things which were thought of first  Wink

(snip)


Just realized how stupid of a question this actually is. Oh, well… Live and learn.
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