/biz/ - Business & Finance

>>20340008
A bunch of PhD’s but no Sergey
You need the visionary

Enigma was the same way

>>20340044
Gilles has been working on iExec's core technology SINCE 2001 YOU FUCKING FAGGOT IMAGINE THINKING THAT'S NOT VISIONARY

>>20340061
Engigger was a shitcoin school project by MIT undergrads and a bunch of niggers

>>20340008
What does iExec do? What purpose does it serve? Does it have a niche with no competitors, making it a slam dunk investment? Or is it as much of a fucking gamble as any other crypto? Right now I have 20k LINKs but I'm down to get some of these if hodling them will make a difference in my portfolio

>>20340032
you could blindfold this chink with a piece of string

>>20340008
Pretty Huge Dicks

>>20340008
Scam

>>20340118
The world's first decentralized marketplace for private cloud computing and private data renting.

>>20340118
>He doesnt know

>>20340130
Kek. U rikey da rice

>>20340080
alex pentland is faculty at mit dumbass

>>20340008
kek

>>20340189
fucking retard they exit scammed to pay college debt.

>>20340207
>making fun of haiwu
ngmi

>>20340207
Kek

>tyler is looking into amazon

My cousin has PhD and he manages the local grocery store. RLC tards think this is bullish?

>>20340327
it is when you have dedicated your entire life to it, have written books, and are a literal millionaire from being a grid compute PHD genius

>>20340327
PhD in STEM fields? Lol

>>20340189
he still thinks its 1974 and mit is pretigious! Guys get a load of this timetraveler

How high will the the market cap be on this? Over 10 billion dollars?

>>20340398
https://www.youtube.com/watch?v=l91ISfcuzDw

>>20340207
>DITRIBUTED
this is the fakest shit I've ever seen

>>20340008
it's over gilles
It's over Gilles.
It's OVER Gilles.
It's. Over. Gilles.
IT'S OVER GILLES
IT'S
T
S
OVER
V
E
R
GILLES
I
L
L
E
S
IT'S FUCKING OVER GILLES

>>20340323
send him this
it was already debunked

>>20340447
Lmao thats actually pretty funny. You should message them and tell them about it and provide your wallet address and see what happens

>>20340398
>The cloud market is 500b this year
>The cloud market will be over 100T in 10 years
>The future is digital
>iExec will take at least 15% of 100T in 10 years.
basically iexec allows any and every cloud provider, data provider, whatever, to connect to it free of charge, and offer their services to anyone and evryone(including eachother like google to amazon).

iExec will be really popular because of the "secret data renting" technology it has, where someone with datasets can rent those datasets (to say, Amazon) for them to use in machine learning algorithms without exposing any of the data to the outside. (so privacy is preserved)

i'm not shitting you when I say RLC is a top 3 coin. The cloud is very important and evolving. iExec is just a decentralized "tool" in a way, so these giant centralized enterprises can all use it.

>>20340008
The P stands for Pump
The D stands for Dump
The h stands for the ache in anon's heart when this shit finna crash to 0.5

>>20340447
>The absolute STATE of RLC FUD

>>20340485
>iExec
how do I invest in this?

>>20340008
>Hao He Hav PHD?

>>20340515
Its in their site with a guide on how to open an acc on metamask

>>20340515
Kyberswap and binance are the two main places.

anons I am extremely serious when I say that iExec RLC is a top 3 coin.

Think of this scenario:
>Someone wants to use Amazon AWS
>They go to buy services from Amazon AWS
>Amazon AWS is connected to iExec on the backend as an "outsource" method
>Amazon outsources certain cloud work to iExec and collects a middleman fee
>Amazon makes money
>Customer gets cloud services(plus new iExec technology!)
>iExec network grows
>iExec worker stakes increase
>iExec token holder value increases
>We all get rich as fuck

>>20340515
Buy on coinbase convert on Trust wallet

>>20340500
Are you saying the text does not say "ditributed"? I don't care one way or the other about this scam.. in fact I don't even know what coin it is.. whatever it is tho.. it's absolute shit.

>>20340554
lel

>>20340577
>anons I am extremely serious when I say that iExec RLC is a top 3 coin.
You are also extremely retarded

>>20340628
What's more valuable.
Gold.
Or data/computations?
As time goes on, specifically?
You realize we are going to live in an extremely hyper-digital world in about 5-10 years, right? Fuck, we're already basically low-end cyborgs.

>>20340647
Bro. Why would amazon outsource computation to your stupid fucking baguette token? Do you realise how amazon makes money? No part of that plan makes sense. Why would they give up profits for no benefit? Absolute delusion.

>>20340757
>Why would companies outsource
They do it all of the time, retard.
Outsourcing is how you make the most money.
You are so fucking stupid it hurts.

>>20340130
Lost

>>20340790
What's your idea? That they save on running costs becuse baguette bros do all the heavy lifting and amazon can act as just a sort of front end middle man. A business portal. Is that it?

>>20340839
Basically the jist of it.
Amazon has the name, everyone goes to them for everything.
Amazon could easily cut costs by outsourcing to iExec. Literally the same outcome except cheaper on cost.

If you think they aren't going to take that offer to increase profits by 75% or more you are insane.

Not only that but they can use iExec for so much more than just computation. Datarenting is far more valuable IMO,

Token not needed. High grade computation has no need for decentralization. While nice, the downsides are enormous because it doesn’t scale and consensus is too difficult to come together at the right time.
For any other computation, you run it directly on ethereum. That’s literally the point of the ETH token. Any computationally intensive blockchain use cases are so much better served with native l2 solutions that run their own computation for their own purposes and just confirm it via L2 signatures. iExec is a nice idea but useless right now. Could be very well too ahead of its time as the upsides of centralized or specific L2 solutions are so much better than doing all of this shit on a general purpose distributed computing platform. It just doesn’t make sense

>>20340839
And I don't know if you fully understand, but ANYONE can connect to iExec and give computational power or data.

That means Amazon could outsource to Google workers, or Pajeet A's cloud mining operation in his mom's bedroom in South Florida. The outcome is the same.

>>20340581
I can't find it on coinbase.

>>20340925
>High grade computation has no need for decentralization. While nice,

> That’s literally the point of the ETH token.
>ETH is actually an altcoin generator to allow for tentacles like iExec to do the heavy lifting
>ETH couldn't even handle cryptokitties
>He thinks ETH will be able to handle extremely high performance cloud computing

>Then goes on to say "iExec is a nice idea"

Top kek, shit tier fud.

>>20340008
Whole team PnD’s lmao

>>20340909
Right. That's not going to work. Your decentralised system will get mogged by data centers in every metric. Speed, power, price, latency. The only customers would be those who need high performance computation but also care so much about the abstract idea of decentralisation that they are willing to sacrifice everything else.
Those people (if they exist at all, which is doubtful) are not going to want to pay amazon a 25% finders fee.

>>20340966
Wow, you literally didn’t understand a single thing I wrote. I am not surprised.
This is laughable. Please, everyone, buy this token. This is who you stand with.

>>20340966
Oh yea I forgot more dumb shit because the whole post was stupidity

>it doesn’t scale

>consensus is too difficult to come together at the right time

>The absolute STATE of RLC FUD
You had FOUR YEARS you fucking losers

>>20341011
Bagholder bingo ding ding ding!

>>20341000
>Your decentralised system will get mogged by data centers in every metric. Speed, power, price, latency.

There are ZERO DIFFERENCES IN TERMS OF PERFORMANCE you fucking retard.
iExec has a sidechain that takes care of all of that shit.

>Price
Oh man, do you even know how much it costs to keep a cloud facility running, electric costs alone? You really don't know what you're talking about.

>The only customers would be those who need high performance computation but also care so much about the abstract idea of decentralisation that they are willing to sacrifice everything else.

You just really don't understand what iExec is, deep down.

It's not a thing that people need to know they are using. You will eventually be using it without knowing.

>>20341010
Everything you wrote was pure trash.
By ALL MEANS please STAY POOR.

>>20341032
muh "bunch of words that sound smurt yet doesn't understand the project or implications of the new offerings it brings"

>High grade computation has no need for decentralization.

is like saying

>Everything in the world has no need for decentralization
Fucking kike fudder. Leave crypto immediately.

I guess all of these companies don't know what they are doing. You're right anon. Don't buy RLC guys.

>>20341058
>There are ZERO DIFFERENCES IN TERMS OF PERFORMANCE
WOW that's amazing. Unbelievable, you could say. Where can I see performance comparisons between the iexec network and AWS? Where have these been published?

>>20341152
You really have no clue what you're talking about lol. iExec is peer 2 peer little retard.

This is so sad. You don’t even know the extent of how wrong you across all accounts of maths of computations.
I guess that’s how it always ends. After pumps there are bag holders who are way too emotional. Sorry, chump, but iExec already did the shitcoin shuffle

>>20341240
You had 4 years.

>>20341195
Show me the stats that back up your performance claims. You claim that your network is as performant as AWS. Show me the figures.

>>20341195
I'll even accept a blogpost from the baguette team lmao. A tweet even. I'm not holding you to a high standard here.

>>20341264
>show me the figures of data that doesn't exist because they have no need to make the data if the performance is the same
You don't understand what peer 2 peer is huh, okay pajeet.

>>20341316
Are you having an episode?

>>20341350
https://medium.com/iex-ec/a-new-era-of-cloud-computing-580bbaf1041d#:~:text=iExec's%20cloud%20removes%20a%20central,can%20be%20provided%20for%20everyone.

>>20340130
>>20340153
Racists fuck off.

>>20341370
Not a single word in thar article about performance. Did you post it by accident?

>>20340008
Do they, though? Show me their degrees.

>>20341496
You are too stupid to understand then. Sorry brother I tried.

>>20341527
https://scholar.google.com/citations?user=8UEfrTEAAAAJ&hl=en

>>20341530
That must be it.

>>20340008
>>20340032
Lookin like a bucket of cucks!

>>20341555
It clearly is.
>First paragraph

iExec is a new decentralized cloud computing platform that is blockchain-based. It aims to tackle the current limitations of centralized cloud computing that are holding business and innovation back. A decentralized cloud connects users to one another, whether server providers, application providers, data providers or end users. All manner of business can be executed on the iExec cloud. At the same time the system is fast, efficient and secure.

> At the same time the system is fast, efficient and secure.

>>20340008
So what you're saying is...they didn't want to take jobs at a call center and decided to scam a bunch of cryptards?

>>20341576
>scam
>has a product
>partnered with amazon
Why so many fudders today? Is it payday?

>>20340062
So 19 years and no working product, still just a vision. Thanks, you’ve completely dissuaded me from picking up a bag. Coming up with ideas is one thing executing them is another.

>>20342360
Lol.
It couldn't exist until ETH existed, but the base technology was in development for a very long time. Gilles is a grid computing scientist.

>>20340577
>t. non engineer
1. stop calling it “Amazon AWS”. this is like saying ATM Machine and is a tell you’ve never worked with it before and have no idea what you’re talking about.
2. explain why amazon, which has a very wide lead over the cloud market with incredibly high uptime and margins and a very well known NIH culture, would need to “outsource” computational power to a blockchain, thereby making its famously 99.9999999% uptime on services like lambda subject to the implementation of some blockchain project

>>20341576
According to RLC donkeys, this is bullish!
The team hasn't jumped off a ledge yet! Buy token(not needed) sirs!!

>>20342461
qrd
aws have dregs of compute leftover
frenchies have idea to sell the dregs
try to attach useless token to it
nobody wants any of it, so marketplace is a ghost town
pay shills to hype every version release
ride Sergeys coat tails hoping for more dregs to sell
repeat till token price is zero
exit

>>20342461
Nah not everyone knows what AWS means.

>Why would a company outsource jobs

>>20343107
yes. literally why would amazon outsource cloud computing jobs. the fact you're greentexting like that's a silly question shows that you have no grasp of amazon's operating economics and most likely have never worked with AWS or "the cloud" in any capacity yourself.
a persuasive answer would entail explaining an extremely counterintuitive value proposition. there isnt one, which is why iexec shills reply with "kek, he doesnt know" meme answers like this.
>>20343048
>pay shills to hype every version release
i dont think these are paid shills. im pretty sure these are young people in non IT positions that are deluded because they have no grasp of the economic space and are posting to convince themselves they've discovered the next ETH.

>>20343403
>literally why would amazon outsource cloud computing jobs.

>why would a company outsource jobs
>/biz/ - Business & Finance

>>20340757
Amazons cloud is aging and becoming antiquated

>>20343826
The big tech companies are all about vertically integrating their profit centers, bringing it all in-house. It's what lets them develop new competencies and strive to monopolize more markets.
Outsourcing is what has-beens like IBM and HP do.

>>20340008
Man this is going to moon so hard

>>20344058
>Why would A COMPANY outsource JOBS (cloud or otherwise)
>These anons are so fucking retarded they can't answer the most simple of all questions relating to business on a business board.

iExec's creation is the first time any company in existence can reliably outsource computation or data.

I'm not spoonfeeding you dumbfucks

>>20344096
Any company today can reliably outsource computation or data, by buying cloud products from Amazon, Microsoft, or Google. The question is why would Amazon, specifically, outsource the core of their profitable business.

>>20340130
Dead

>>20344027
Fucking Kek

This really helped me to understand corporate world. Hope it can help you as much as it did for me

https://www.youtube.com/watch?v=29Zz9Q_QmA4&feature=youtu.be

>>20344145

>Any company today can reliably outsource computation or data

Great, so you agree that Amazon can outsource that data to iExec then, and since iExec is decentralized and cheaper, they will make more profit from it.

>>20344096
>iExec's creation is the first time any company in existence can reliably outsource computation or data.
find any example of any engineer, anyone in any technical role at all really, claiming they have problems with AWS uptime or reliability.
here are some starting resources:
1. s3 reliability is 99.99999999999% reliable https://aws.amazon.com/blogs/aws/new-amazon-s3-reduced-redundancy-storage-rrs/
2. ctrl+f "reliab" https://news.ycombinator.com/item?id=14601809
when you're done with that explain why a company, any company, would pick iexec over aws/gcp/azure. explain the value proposition over an ecosystem already so incredibly cheap and reliable that many new "startups" are basically just a wrapper over these services, and btw get benefits from integrating in the amazon/google/microsoft/whatever ecosystem instead of talking to some decentralized service just for the hell of it.
much like with 99% of crypto projects the only example i can really think of is circumventing the law. ok, so like maybe a private torrent tracker (or DDL site, even) that uses iexec to trustlessly distribute data and collect donations / incentivize seeding without relying on traditional payment protocols. that's actually a cool use case i thought of just now (maybe better suited for something like enigma but whatever).
wonder why iexec shills dont mention use cases like this - maybe because that's an extremely niche example that would not justify whatever crazy ass fantasy future marketcap you have in your head?

>>20344422
You just don't get it.
Amazon has had downtime many times before, just google it.
Not only that, but it's about profit more than anything, and decentralized outsourcing enables that.

>not on coinbase
>have to go through some tedious digital scavenger hunt, juggling different cryptos and real money, just to get the wretched coin

No thank you.

I have a Phd too and I'm thinking of joining a scam like this

>>20340044
Yeah or Neyma from Unification. That guy sees the literal future.

>>20342387
>base technology
you dont know what that means
>Gilles is a grid computing scientist
credentials dont matter

What if I told you that having a PhD doesn't make you a good businessman?

>>20344999
>>20344999
Ah but the journey is worth the prize my fren. To find the gold as a murican you must take the journey or die a poor, old loser.

>>20340130
kek

>>20345738
What if the FUND currency reset actually occurs
We're all going to make it