/biz/ - Business & Finance

Hahaha, OP has a sub 10 IQ

>>20508162
you sold, didn't you?

>>20508174
ignore this pajeet.

RLC is a shitty shill coin, ignore it.

>>20508162
No and you are right anon. Nobody gives a shit about this use case. The existing solutions work fine as is.

OP is a tech illiterate fucking kek

>>20508174
Whats wrong? You realized your shitcoin has no usecase?

>>20508162
Sorry pajeet but this thread is unrefutable
iExec is the bitcoin of cloud computing
>>20506638

>>20508201
Care to explain the usecase then? Insulting me is not enough to justify your position.

>>20508162
Imagine all those out of work GPU farms when BTC finally kicks the bucket. They're going to have to do something, why not cloud computing?

I'm still mad af at RLC for talking shit about to link, but I may start accumulating.
Especially since CZ pulled the dirty $.001 trick. That's a buy signal in my estimation

>>20508204
stay poor

>>20508209
Agreed. A marketplace for decentralized cloud computing is brilliant.

UHGGHH GOOD
I'M.. I'M... RECOOOOOVERING

Guys, don't explain anything to these cunts. Let them stay poor, lmao.

>>20508232
>I'm still mad af at RLC for talking shit about to link, but I may start accumulating.
>Especially since CZ pulled the dirty $.001 trick. That's a buy signal in my estimation

What and what?

>>20508232
If you are betting on iExec winning because apparently bitcoin will shut the bucket in the future and people will magically graviate towards iExec then I believe you need to reconsider your position.

Some applications mainly in science but also other areas require massive computational power. Like simulating what is happening to unexploded nuclear bombs that were never meant to sit idle this long. Since we clearly can't just go blow them up due to environmental concerns, we need scientist and programmers to simulate what is happening inside those bombs. Nuclear decay in all the different daughter atoms requires massive computational power, and there iui s only so many super computers farms to go around. Training next generation AI with massive data sets also takes huge computational power.

iExec solves that by tapping into cloud computing. Every single person that has a PC at home can offer the computational power of his machine to help solve these problems and earn some coins in the process.

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>20508263
RLC did the doracle thing where they claimed their oracles were more decentralized than, and superior to, link.

CZ pulled the same bullshit he did with link where they manually added orders down $.01 (or $.001 I don't recall) and then flash crashed it to scoop up cheap bags

>>20508281
I'm telling you, btc's future is not gonna go how you think it is

>>20508232
Link and RLC are completely different use cases.

>>20508388
That is RIDICULOUSLY stupid. The only people who do not have access to proper computing proper are your average person. But there are already solutions for this. If you wish to run tensorflow code [used to write machine learning algos] you are able to use googles serves using "google notebooks" and run your code from there. There is no decentralization needed through that process. Therfore for those who will need computing power such as academics doing your nuclear bomb simulation they will surely have the power to do so. I mean we processed a black hole for Petes sake.

>>20508162
Is iExec trying to replicate a botnet and charge access to it & pay participant computers? What is it?

>>20508449

>>20508449
The use cases that require massive computational power are growing to as the problems our scientists are try are getting harder and harder. Simulating massive nuclear decay us one I mentioned, also training AI with large data sets, mapping protein folding to cure cancer also requires big computational power, certain logistics problems, etc. iExec is a good long term hold.

>>20508449
i dont think you understand how computationally dense simulations can get.

>>20508562
Fuck, playing a perfect game of chess is so computational intense that barely only a few supercomputers on the planet can do so.

>>20508562
I don’t you understand anything about programming, let alone maths of computation.
>>20508449
You’re absolutely right. These guys are just newfags bagholders who are looking for the next link. It’s like the last 3 years haven’t happened and we’re having the same conversations about rlc again just to have newfags get burnt AGAIN

>>20508449
You have no idea what the fuck you are talking about. Researchers have been soliciting unwanted CPU from all across the country for protein folding simulations to try and develop a COVID anti viral. Thousands of people are donating their computers through the mail. This would solve that.

>>20508162
don't understand half the shit you sayin, but this guy gets it.

RLC 0.5 EOW. CHECKEM

>>20508162
you're wasting your time asking questions that expose this scam shitcoin. Currently it's being shilled heavily by a discord group, except their shilling game is so weak that they will only parrot "bitcoin of cloud computing" or just try to recreate LINK memes (reskin) and personalities (42-like methanon).

>>20508641
Says the guy that actually thinks the current computational power of AWS can handle complex simulations that haven’t even been invented yet.

Stay poor faggot

>>20508162
Rent free boys

>>20508556
>>20508562
SURE, certain operations can be computationally dense/intense but do you really think of all people that will be innovators in the space it will be iExec compared to AWS, the golden star of the Amazon ecosystem? Also it would requite a huge marketing campaign just to bring people onboard to iExec AND even along with this their combined power would easily pale in comparison to the Amazon conglomerate that is AWS.

>>20508633
Can you please explain what you deem to be a perfect game of chess? DeepMind is a team that is studying deep learning and one of the huge milestones they made was creating a model that beat the best Go player in the world, a MUCH harder feat than chess as rather than a spam of conditional statements (traditional AI) their model required tons of data and of course there was no mention of decentralized cloud computing.

https://www.youtube.com/watch?v=WXuK6gekU1Y

>>20508657
Do you have some links on this? I would love to see it. Also if they are already currently able to do this then what is the merit of RLC?

>>20508750
>Do you have some links on this? I would love to see it. Also if they are already currently able to do this then what is the merit of RLC?
I'm not totally sold on iexec yet either but:
the people would be compensated, thus more incentivized to participate

>>20508546
That is a fairly reasonable summary. It misses a lot of points, but its not a bad way of imagining it.

>>20508750
research is being limited by processing power, not the other way around

>an AI losing to a human back in 2016

>>20508673

Proof?

How come I can't buy? Says I have insufficient funds when I have ETH in my ETH wallet. I wanted to buy at 1.5 and now it is 1.78...

>>20508945
You have to be a Real Life Chad to buy RLC. You probably failed the chad check

FUD

>>20508750
https://youtu.be/YX40hbAHx3s

RLC is literally Bitcoin 2.0: Digital Oil Boogaloo
I'm tired of trying to show people the light though. Fuck them.
Anyone who does their own research always comes back talking about how they immediately bought in

Guys okay maybe are memes are annoying and we're so hype people literally think it's not organic but.. It's only because we see the Light.
This is your 2nd chance at buying Bitcoin while it's under $2.0.
We want what's best for you anons

>>20508945
Did it seriously pump back into the 1.70s?? Fuckkkkkk I was hoping to buy a shit ton at $1.50 or lower in the morning..... FUCK KIKE BANKS AND THEIR SLOW ASS TRANSFERS I'VE BEEN TRYING TO BUY MORE SINCE IT WAS $1.01 DAYS AGO

>>20509052
cex buy ETH >> nash trade for RLC

Just curious how does this differ from projects like Siacoin, Golem, and filecoin? They all came out being decentralized server services and have had lukewarm response from the crypto community. Definitely see that with big partnerships rlc could be something but I’ll have to look into the tech more and what is unique about it...

>>20508986
Seriously how do I buy this using their wallet?

>>20509086
see
>>20509084

>>20508999
I’m making an account rn. Is Moonpay legit?

>>20509085
real world connects, Phd filled time and its more realistic.

>>20509105
cex is down when i am trying to make an account there

>>20509221
Sorry it's not working for you anon, I bought more RLC today by purchasing ETH on cex during the dip today.

>>20508672
it's monday here. you said that last week

>>20508449
The fact that it’s retarded might make me buy it because I got midwitted by linkies. Never again.

RLC eyein a move above $2

>>20508162
Nice to know there's someone else with brains on this board.

>>20510000
CHECKED WE ARE ALL MAKING IT

>>20508162
>work so well

>Why yes, I'm happy to deploy my companies' propriety code and possible PII customer data onto some random fucklord's machine, stuffed under his desk and getting lightly sprayed with cum three times a day
>The coins will keep them honest

This is 100% shitcoin roulette - the underlying idea is garbage

>>20510000
>>20509999

>>20510110
BASED

>>20510110
>Wtf is an enclave bros how do grid compot werk

>>20508673
>Thinks /biz and discord groups are the only people who trade crypto.
You’re absolutely retarded.

>>20510204

>>20510130
>>20510204

>>20510299
I threw 40 eth into this a couple weeks ago and the price shot up 6% just from that...

EVERY thread on biz should be about iExec. This is your chance to maek it. Don't miss out.

>>20510398
Throw more? Lol

>>20510110
in the future using shit like this will be safer than storing data yourself.

>>20510404
actually true and based gonna make one

>>20510031
You're literally saying the same shit people said about Bitcoin 1.0 and every evolution of currency before it
>Why use iExec which is confidential cloud computing on a truly free market when I can just give all my data to Amazon simply by using their cloud service?
>Why use bitcoin when I can use Paypal? Bitcoin is not needed in any way
>Why would I use Paypal? Digital money isn't safe and it's way easier to mail a check

You must be either a boomer or a smoothbrain incapable of DYOR

>>20508162
Uhh..the cost of hardware, utilities/electricity, cooling, massive football-sized data centers and staff? Are you seriously that retarded? This will save them billions.

>>20510224
Yeah, you are going to have to explain to me how I can get a remote system to do work for me while under physical and administrative control of a non-trusted party without any security risk. Regardless of whatever big dick triple max secure hardware VM magic you're running, my workload is being passed to the machine and forwarded onto the isolated system (so it can be man-in-the-middled each way) or iExec has some serious rootkit running on these systems to handle all of this...in which case it isn't really decentralised in a conceptually significant way so what's the fucking point?

All that aside, what motivation is there for a business to learn how to do work on a new cloud network that
1) Has security concerns
2) Doesn't have the kind of physical support and security that Cloud providers have.

What happens when a hard drive blows up in some kid's machine? Do I have to get the system to replicate data for me? Why wouldn't I just throw some shit up on S3? What's the business value of this proposition, and is it big enough to beat the inertia of getting a company to move over to it from AWS or Azure?

>>20510420
Yeah, but is it safer and more reliable than storing data on AWS/Azure/GCP?

>>20510680
>Yeah, you are going to have to explain to me how I can get a remote system to do work for me while under physical and administrative control of a non-trusted party without any security risk.

Good luck exploiting SGX before they patch it number one and number two you can't exploit data if you are getting gibberish, which is what iExec makes possible with multi-party compute

Three, I guess you would rather have your centralized cloud niggers stealing your data then

dont bother replying i am not going to convince you anyways and would rather you stay poor little boy

>>20510734
If all the work is being routed / managed by iExec for multi-party compute and to presumably establish a secure connection with the enclave* then again I ask how is this decentralised? What's to stop iExec stealing my data?

*even then I don't believe you can bootstrap a secure connection through a malicious actor, even with SGX

What problem does this solve, and is that problem really big enough to get businesses to migrate to this platform and lose all of the benefits of working with established cloud providers?

You can say you wont respond, but being unable to answer reasonable questions about the fundamental value proposition shows that all you're interested in is selling everyone a load of snake oil

>>20508672
>I'd still be up 200%
lmfao eat shit

>>20510956
>If all the work is being routed / managed by iExec for multi-party compute and to presumably establish a secure connection with the enclave* then again I ask how is this decentralised? What's to stop iExec stealing my data?
Everyone point and laugh at the dunning kruger effect in action here.
iExec is p2p
Goodbye.

>>20511070
this
>>20510956
you came in without fundamental knowledge of iexecs platform and then thought that you had found a flaw in someone's prolonged research, spanning over a decade, and the efforts of a phd ladden team.
DYOR folks

>>20508261

>>20508162
>hurrhurr aws, googl, and msft can tell me what to do

>>20510110
Im pretty sure thats the whole concept. Confidential data is anonymized and can be realeased and processed without risk of compromise.

>>20508162
Existing cloud services will also run Iexec; you don't know anything about server farms;

>>20511477
This; rlc is in the making by top scientists in the cloud / fog computing space and then a fucking retard who isn't even a computer specialist comes in and doesn't see what problems it solves? Lmao; all devops people in crypto buy this coin

>>20512404
>>20512443
Tech illiterates don't get this project; but that's fine; they can stay poor

>>20510509
He's tech illeterate; try explaining what the TCP handshake is to a cleaning lady; this is the same thing; he doesn't have the mental capacity too understand what problems Iexec solves and why cloud providers will all adopt it

>>20512524
TCP ssl handshake *>>20512524

>>20508449
The problem is the maintenance of this servers if you decentralize the service is not google or Amazon responsibility is the guy who owns the farms. And with coronachan every maintenance come to be difficult. There's no need to stake tokens to open nodes, but the holders can control the price controlling the liquidity available, this can kill a project if you overly control it.