Archived Content - page 5. | Bitcointalksearch.org

klintay

legendary

Activity: 1775

Merit: 1032

Value will be measured in sats

reserved, like the new site btw Cheesy

I contributed 1btc to the ICO already at the very beginning, before the site upgrade:

https://blockchain.info/tx-index/df71cd7e97c66a899db7f7c66965856323c4b9fdf801eea2fa9b629a2dd47770

Quote from: Evil-Knievel on March 07, 2016, 05:02:54 PM

Quote from: riceberry on March 07, 2016, 02:06:12 PM

Will there be a wallet to hold ELC ? When is the launch date?

It says on your website: 9.10 % of all coins distributed. If no more people buy ELC, what will happen to the other 90.9 % of coins? Burned?

What is the maximum number of ELC that will exist?

Hi, well the community has already discussed that thoroughly in a different thread. If no more than 9.10% will be distributed than there are two possible scenarios which the community will have to agree on.

1.) Burn the rest
2.) Distribute the other 90.9% among all donators proportionally to the size of their current stash

both sound good to me

xxxgoodgirls

legendary

Activity: 1092

Merit: 1001

Quote from: ?? on ??

I have no access to the project's official GitHub repository so I have the current version in my forked git:
https://github.com/OrdinaryDude/whitepaper/raw/master/whitepaper.pdf

Is Lannister the only one who has access to the official github repo?

cryptoheadd

hero member

Activity: 1036

Merit: 501

Quote from: Evil-Knievel on March 09, 2016, 10:22:06 AM

Quote from: cryptoheadd on March 09, 2016, 10:20:35 AM

Hey dev,

How do I buy some?

Didn't understand the public keys thing.
Can you please elaborate?

Thanks

There has been a short guide here: https://bitcointalksearch.org/topic/m.14138633
But you do not need to do this export thing if you have (and of course keep) a backup of the wallet itself.

Thanks
Buying Cheesy

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

This message was too old and has been purged

cryptoheadd

hero member

Activity: 1036

Merit: 501

Hey dev,

How do I buy some?

Didn't understand the public keys thing.
Can you please elaborate?

Thanks

allwelder

legendary

Activity: 1512

Merit: 1004

Seems need more info let more ppl take part in this super project. Wink

allwelder

legendary

Activity: 1512

Merit: 1004

Quote from: Evil-Knievel on March 09, 2016, 03:14:06 AM

Quote from: nickenburg on March 08, 2016, 07:26:32 PM

Also there is no real information about what the future will be like for Elastic a real plan where this is heading.
And is the decentralized supercomputer like Ethereum? or is it going to be something different?

Ethereum works entirely different. It does not bundle the computational resources of all participants, instead it allows "distributed apps" which works in a way that everyone calculates the same thing and the users form a consensus about the result of the calculation. This is not my idea of a "supercomputer".

Much like PrimeCoin to solve a meaningful puzzle?

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

This message was too old and has been purged

Dazza

newbie

Activity: 56

Merit: 0

http://mybiasedcoin.blogspot.co.uk/2013/09/guest-post-by-justin-thaler-mini-survey.html

http://eccc.hpi-web.de/report/2013/165/

Dazza

newbie

Activity: 56

Merit: 0

Quote from: Dazza on March 09, 2016, 12:51:00 AM

~~In conclusion, its an interesting field of research, and one which we should keep our eyes on, but its not ready for prime-time.~~. I am now looking at the four projects linked to in the wiki page, which purport to make verifiable computing a practical reality.

I'm recommitting to the stricken sentence. This is not ready for prime time. See for example this:

Quote

(2) Costs to the prover. The CPU costs to the prover are currently immense: orders of magnitude (factors between a thousand and a million) more than simply executing the computation. An additional bottleneck is memory: the prover must materialize a transcript of a computation's execution.

Dazza

newbie

Activity: 56

Merit: 0

Quote from: Dink on March 08, 2016, 03:25:48 PM

article with some interest

https://en.m.wikipedia.org/wiki/Verifiable_computing

I was looking at that too. In particular I looked at the tenth reference. Much of it was over my head, but I was able to understand enough to make the following observations. First, it uses Boolean Circuits as its model of computation. BCs are not Turing-complete. Second, it requires full homomorphic encryption. As I have previously remarked, existing homomorphic cryptosystems are not practical. Third, it only considers malicious workers. Our threat model should include malicious clients, as well as clients and workers collaborating to attack the network.

~~In conclusion, its an interesting field of research, and one which we should keep our eyes on, but its not ready for prime-time.~~. I am now looking at the four projects linked to in the wiki page, which purport to make verifiable computing a practical reality.

BigCat45

sr. member

Activity: 441

Merit: 250

Bigboss

idk about u guys, somehow I have a feeling this dev is just a simple programmer.

Dink

member

Activity: 74

Merit: 10

this may have allready made the rounds

https://en.m.wikipedia.org/wiki/Berkeley_Open_Infrastructure_for_Network_Computing

cyberhacker

legendary

Activity: 1330

Merit: 1000

Quote from: Evil-Knievel on March 08, 2016, 09:39:42 AM

Quote from: cryptomass on March 08, 2016, 09:32:10 AM

Do I get it right...
Countdown follows BTC mined blocks (24208 to go now).
About 150 new blocks per day are found, so the crowdfunding will end in about 160 days?

Unless the community agrees on a shorter period of time, yes.

Yes i think we all agree on a shorter period of time!

make it 60 days from now on.

nickenburg

sr. member

Activity: 434

Merit: 511

I am going to keep a eye on this one.

But I am not convinced yet about this.
Just because there is no real leader who can be hold responsible, if something goes wrong.

Also there is no real information about what the future will be like for Elastic a real plan where this is heading.
And is the decentralized supercomputer like Ethereum? or is it going to be something different?

z38630610

legendary

Activity: 1050

Merit: 1000

where dowmload wallet ? and how to buy elc dev

locohammerhead

hero member

Activity: 530

Merit: 500

Quote from: xxxgoodgirls on March 08, 2016, 02:48:46 PM

Quote from: super55 on March 08, 2016, 02:01:21 PM

Hi there, i'm interested to donate in the crowdfunding.
But i'm still new to this crowdfunding, can somebody explaining to me how i can donate, and what are the other steps i need to do?

By the way, can i send BTC from my BTC Electrum wallet address? just curious

.

Yes you can. Before proceeding store your private keys in a safe place (wallet > private keys).
Then send the amount you wish to the address of the crowdfunding that is shown at http://elastic.pro/crowdsale.
The private key of the address you sent from is all you'll need to have your ELC balance accredited.

edit: ninjaed by EK Cheesy

I also labeled my transaction so if I do need a specific key I can easily track it down. I used my electrum wallet for the payment.

super55

full member

Activity: 196

Merit: 100

Quote from: Evil-Knievel on March 08, 2016, 02:44:47 PM

Quote from: super55 on March 08, 2016, 02:01:21 PM

Hi there, i'm interested to donate in the crowdfunding.
But i'm still new to this crowdfunding, can somebody explaining to me how i can donate, and what are the other steps i need to do?

By the way, can i send BTC from my BTC Electrum wallet address? just curious

You can send from your Electrum wallet. This is how I would do it.

1. I would send some BTC to the address from the Elastic Coin website:

2. I would check on blockchain.info which addresses the BTC were actually sent from.
We are interested in THE FIRST address the BTC came from.

3. In the last step, I would lookup the address I got in step 2 in my electrum addresses list, and export the private key. The I'd keep it in a safe place:
(Yeah, I know! In this example these addresses do not match. But it's just an example Wink

)

Thanks for the tips @Evil-Knievel

Quote from: xxxgoodgirls on March 08, 2016, 02:48:46 PM

Quote from: super55 on March 08, 2016, 02:01:21 PM

Hi there, i'm interested to donate in the crowdfunding.
But i'm still new to this crowdfunding, can somebody explaining to me how i can donate, and what are the other steps i need to do?

By the way, can i send BTC from my BTC Electrum wallet address? just curious

.

Yes you can. Before proceeding store your private keys in a safe place (wallet > private keys).
Then send the amount you wish to the address of the crowdfunding that is shown at http://elastic.pro/crowdsale.
The private key of the address you sent from is all you'll need to have your ELC balance accredited.

edit: ninjaed by EK Cheesy

Thanks for the tips @xxxgoodgirls

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

This message was too old and has been purged

Dink

member

Activity: 74

Merit: 10

article with some interest

https://en.m.wikipedia.org/wiki/Verifiable_computing

Topic: Archived Content - page 5. (Read 12184 times)