Pages:
Author

Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 83. (Read 450524 times)

member
Activity: 170
Merit: 10
If you want to mention website, you can use elastic.pw

Done.

Under Donation Period & Coin Distribution, add in that 100% of the coins will be distributed to donators/investors. I think that fact adds a lot of good will to the coin, shows it's truly a community project, and is a descendant of Bitcoin's original decentralized philosophy.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
If you want to mention website, you can use elastic.pw

Done.
legendary
Activity: 1848
Merit: 1334
just in case
Hi guys. I am working on a new OP for the project and appreciate some feedback. After we have enough feedback and revise the post, I offer to create a new bitcointalk OP for elastic and maintain it up to date with all the information we need. As soon as we have it revised and created, I propose moving the bitcointalk discussion there, so we can have control over the OP.

Let me know what important information needs to be added to the post.

P.S. Picked one of the proposed logos for demonstration.

Quote




Important Links
Website | Forum | Github | Whitepaper | Blockchain Explorer | Faucet | Twitter Soon | Slack


What is Elastic?

Elastic is an open-source project, aiming to build the first decentralized supercomputer. Elastic Coin provides the infrastructure for a decentralized and distributed computation of arbitrary tasks over the in-ternet. In  this  context,  Elastic Coin  is  built  on-top  of  a crypto currency and provides a market-based mechanism to buy  and  sell computational  resources. Buyers, those  who need  computational  resources,  model  their  problem using Elastic Coin’s software development kit and broadcast it, along with a certain amount of XEL coins, to the network. The so-called miners are then motivated to offer their computational resources in exchange for a portion of those XEL coins. The size of this portion depends on the amount of work a miner has contributed in relation to the rest of the network. Using XEL as the driving force, Elastic Coin offers potential buyers a large parallel computation cluster composed of many CPUs, GPUs, FPGAs and other devices supplied by the miners. All at a fair and market-driven price.


Roadmap

Note: All presented dates are tentative; hence they could, and most likely will, be subject to further changes.

- Testnet         - Launched
- Mainnet       - Soon
- Applications - TBA
- Exchanges    - TBA
- Foundation  - TBA

Important Developers and Contributors

Evil-Knievel
- coding the client, Elastic Language, etc.      
https://bitcointalksearch.org/user/evil-knievel-159191

unvoid - forum, debugging, testserver, faucet, etc.        
https://bitcointalksearch.org/user/unvoid-98343

coralreefer - coding the miner, design suggestions      
https://bitcointalksearch.org/user/coralreefer-320483

Donation Period & Coin Distribution

The donation period for Elastic lasted from 29 February 2016 to 19 August 2016, amounting to ~710 BTC.
The total supply of Elastic is 100 Million ELC.
If you want to mention website, you can use elastic.pw
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Nice, but the tokens are called XEL now, not ELC.

Updated, thanks.
hero member
Activity: 1092
Merit: 507
btcstakes.com
Nice, but the tokens are called XEL now, not ELC.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Hi guys. I am working on a new OP for the project and appreciate some feedback. After we have enough feedback and revise the post, I offer to create a new bitcointalk OP for elastic and maintain it up to date with all the information we need. As soon as we have it revised and created, I propose moving the bitcointalk discussion there, so we can have control over the OP.

Let me know what important information needs to be added to the post.

P.S. Picked one of the proposed logos for demonstration.

Quote




Important Links
Website | Forum | Github | Whitepaper | Blockchain Explorer | Faucet | Twitter Soon | Slack


What is Elastic?

Elastic is an open-source project, aiming to build the first decentralized supercomputer. Elastic Coin provides the infrastructure for a decentralized and distributed computation of arbitrary tasks over the in-ternet. In  this  context,  Elastic Coin  is  built  on-top  of  a crypto currency and provides a market-based mechanism to buy  and  sell computational  resources. Buyers, those  who need  computational  resources,  model  their  problem using Elastic Coin’s software development kit and broadcast it, along with a certain amount of XEL coins, to the network. The so-called miners are then motivated to offer their computational resources in exchange for a portion of those XEL coins. The size of this portion depends on the amount of work a miner has contributed in relation to the rest of the network. Using XEL as the driving force, Elastic Coin offers potential buyers a large parallel computation cluster composed of many CPUs, GPUs, FPGAs and other devices supplied by the miners. All at a fair and market-driven price.


Roadmap

Note: All presented dates are tentative; hence they could, and most likely will, be subject to further changes.

- Testnet         - Launched
- Mainnet       - Soon
- Applications - TBA
- Exchanges    - TBA
- Foundation  - TBA


Important Developers and Contributors

Evil-Knievel
- Elastic Core Server, Elastic Wallet, SuperNode Integration    
https://bitcointalksearch.org/user/evil-knievel-159191

coralreefer - ElasticPL Parser, ElasticPL Interpreter, Miner      
https://bitcointalksearch.org/user/coralreefer-320483

unvoid - Forum, Debugging, Testserver, Faucet        
https://bitcointalksearch.org/user/unvoid-98343


Donation Period & Coin Distribution

The donation period for Elastic lasted from 29 February 2016 to 19 August 2016, amounting to ~710 BTC.
The total supply of Elastic is 100 Million XEL and 100% of the supply will be distributed to donation contributors.
sr. member
Activity: 322
Merit: 250
we need some document to know how to use pl language to create task.
hero member
Activity: 1022
Merit: 507
EK: could you please explain how blacklisting works, and how the blockchain is being built?
I mean, if majority of nodes run 1.0.7 version and then a new one comes out, then I guess the first new-version node does not blacklist all other (older nodes) immediately, right? Do we wait until majority (51%???) of nodes upgrade to newest version? Is there a risk of having governance problems like we can see in Bitcoin now?
full member
Activity: 173
Merit: 100
yes. we have been almost ready for months!  Smiley
legendary
Activity: 1260
Merit: 1168
Can't waaaaaaaaitttttttt!!!!  Roll Eyes

xel is better than IEX and Golem

In what way is it better?

Thanks

xel is almost ready

and all other 2 project are in prototype or in paper.

And they use external infrastructure that they can't control: Python implementations in Docker based Virtual Machines, some Peer-to-Peer Networks to store files, Ethereum as the main chain! Too much complexity in my eyes, too many points of failure, too complex to fully test.
hero member
Activity: 952
Merit: 501
Can't waaaaaaaaitttttttt!!!!  Roll Eyes

xel is better than IEX and Golem

In what way is it better?

Thanks

xel is almost ready

and all other 2 project are in prototype or in paper.
sr. member
Activity: 631
Merit: 258
Can't waaaaaaaaitttttttt!!!!  Roll Eyes

xel is better than IEX and Golem

In what way is it better?

Thanks
hero member
Activity: 952
Merit: 501
We haven't even gone live and the so called competition is already badmouthing us. This is a great news folks. Hold on to your seats tight !  Grin

these guys are crazy.
full member
Activity: 190
Merit: 100
We deploy website with @cyberhacker.
http://www.elastic.pw

I need more Content for publish, I opened a news&contents&articles url list on xel talk forum: https://talk.elasticexplorer.org/t/xel-elastic-project-news-url/120/1
Good job guys , thank you !

Looks so good!!!!

EK, we need more content.  just let us know what we should add Smiley

Maybe someone could prepare some questions so all devs can start replying them one by one! I guess this would get things started pretty quickly, if people can just start replying one by one without having to make thoughts about a storyline.

What can Elastic do that the other super computers (Golem, etc.) can't?

Kick Ass!! Wink

It's hard to describe.
Technically, other Supercomputers such as Golem have great use cases (or one use case should I say?) that we currently cannot cover at all ... Blender Rendering for example. If they manage to get their infrastructure stable and safe, they will be able to offer at least one use case that we can't - not now at least.

Elastic works different: We do not have one specific use case, instead the use case has to be coded by the users in Elastic's own programming language - Elastic PL. It is similar to C but with limited functionality so it can be guaranteed that Elastic code can be executed on other machines without causing any harm. Ther language has been discussed about for a very long time and many brilliant heads have helped designing it. You can write a program in Elastic PL and others can be sure that if executed, no exploits, no endless loops, no data leakage or anything else may happen.

So while our Elastic Baby is more flexible in designing tasks, is does not perform that good for one partucular use case that other systems are tailored for. It's sort of a trade off between flexibility and performance / doability. But: If you want to do 6 different tasks you need 6 different "Coins" if you pursue the other coin's approaches. Elastic can do them all ;-) Please keep in mind, that due to the nature "mining" work, some use cases are not yet possible - only tasks which explore a search space can be done now, and not "stupid" tasks which are divided into multiple packages (like rendering divides a large image into many smaller tiles).

But I am sure that Elastic PL will get better over time: Since we have a "flexible" system built and designed this way from ground up to allow "user configurable tasks" - we are as far as I now the only ones that offer this - we are basically limitless concerning our imagination.

Please correct me if I'm wrong. Please ask if something is unclear. And please write that more beautifully - I suck at writing.

@EK

You say that currently Elastic can only deal with tasks that explore a search space.  I don't understand this term.

Can you give an example?
full member
Activity: 150
Merit: 100
what the Elastic project lacks is structure!

- everyone with skin in the game should try to help shape Elastic up!

Not many source are out to learn or understand about Elastic, I would think if we
can make it better, the price will be higher.

Ask yourself. If you do not understand anything would you understand in GOLEM oder Elastic?

I think the answer at the moment is clear, because one of the projects has so much more information available the other will be ignored.
sr. member
Activity: 448
Merit: 250
Ben2016
We haven't even gone live and the so called competition is already badmouthing us. This is a great news folks. Hold on to your seats tight !  Grin
hero member
Activity: 952
Merit: 501
Quote
I guess we can end this now, right? Let them try to do their thing. Will probably take them some time.

Yeah, classic buzzword bingo. I think we can close this chapter, this is nothing serious in my humble opinion.
I mean, if they get millions of dollars, then I will lose faith in mankind, but after all ... who cares?

i hope they can get billions of dollars. i don't care ppl get screwed....lol

money burnt and ppl will finally find gold here.

who cares.


let's get XEL rock.

that's the point.
hero member
Activity: 952
Merit: 501
@EK
Are there plans to add channels for communication with other APPs? Let xel become a source of computing power to any project that you want to calculate, based on an open interface, so that XEL into a modular computing power battery, any project can be a simple access

I guess we / the communiy should plan something like this for the second step. Luckily, with the "exchangeable Languages" and the new soft fork feature we / the community is free to add any features it likes afterwards.

However, all these new super computers (if I understand correctly) are just offering virtual machines for rent .. this is nothing special. So if we add new features, we have to think carefully about it ... we don't want to just "rent VMs"  Wink

that's some great idea.
hero member
Activity: 952
Merit: 501
do we have a new logo ready?

want to setup a news website about XEL.

Logo submission and discussion here, though it's kind of dead right now:
https://talk.elasticexplorer.org/t/logos-for-elastic/54/4
Orange has a classy, comforting and live texture.

orange and green is cool.
Pages:
Jump to: