/biz/ - Business & Finance

>>20590078
when are we going to see adoption?

when are my bags gonna be worth 1mil nigga

>>20590113
It depends. From a software perspective, they have pretty much already got the infrastructure set up. They will have to cater more towards marketing and onboarding developers into their ecosystem if they want to see true adoption. Currently their support team is not very responsive as they are more focused on enterprise partnerships and integration. Depending on how their partnerships are structured, this could accelerate adoption by quite a bit, as enterprise computing can provide worker pools with secure VMs (Microsoft) for them

>>20590113
it's already being adopted behind the scenes

>>20590078
Why would big tech companies adopt iexec and what would they gain? Is there any other competition to what iexec does?

>>20590140
This depends on how hard we turn up the shill machine.

>>20590190
currently this is only on binance and uniswap. how much will being listed on coinnase etc. affect the price?

more adoption

>>20590078
Is it an app store where you add inputs to the app and farm it out to a botnet? Do the bot net nodes get paid by the app user? Not quite getting it. If this is mostly right, are the Dapps things that are going to have ICOs paid for in iExec and which use a different token, or is it just businesses and scientists loading Dapps into iExec and running them like they would on cloud hardware? Not understanding where the tokenomics squeeze comes from on this one.

>hey dad how did you manage to make such a fortune?
>well, son, back in 2020 there was this guy named RLChadington Thundercock who convinced me to buy RLC
>based!

I love iExec

>>20590218

Considering that their team has been working on distributed/desktop grid computing for nearly 2 decades, it would be in the best interests of big tech companies to partner with iExec on their solutions. Decentralized computing has largely been an ignored field by large tech companies and has recently only gained traction from the hype of blockchain. Now companies are investing hundreds of millions in "blockchain solutions" because they don't want to be left in the dust. These partnerships will be symbiotic, as iExec can gain from enterprise support, and the enterprise can gain from its team's expertise in parallel/distributed computing.

how Chainlink will "adopt" iExec's vast offchain power

why do people compare iexec with chainlink? do they also have oracles?

>>20590209
stop posting this bullshit. it is not linked to iexec in any regard

>>20590325
In my humble opinion, iExec exists independently of chainlink, and trusted execution environments replace a lot of what chainlink is working on. For example, currently chainlink is burning $$ like nothing writing consistent updates to the ethereum blockchain with negative profits. TEE's can act as a security and tamper proof oracle in the off chain computation layer, and the transactions can be processed on chain. I am not sure how chainlink plans to "adopt" iExec but these are my two cents

>>20590218
because it's *confidential* decentralized cloud computing so it allows for collaborations among companies that weren't possible before and also opens up tons of new ways to monetize their data

And their competition is BTFO [pic related]. Gilles has been working on a global computer grid for 19 years. The technology is finally here and it's being physically manifested

>>20590265
you're so lost I don't know where to start. DYOR man. [pic related] might sorta start to help

>>20590405
I guess we'll find out who's right when Microsoft and iExec do a presentation on confidential cloud computing together on the 30th. Retard.

So many RLC namefags,

YEah bros im thinking we're gonna make it

>>20590292
absolutely based and utterly RLCpilled

>>20590366
iExec has SGX/TEE decentralized oracles

>>20590265
Basically it allows you to run computations SECURELY on an external machine. You can feed it inputs and it will give you outputs depending on what code you are deploying. This has huge implications, especially with GPU support as we are seeing increasing demand for computational resources to process insanely large amounts of data using GPU. Most ML models use GPUs to process their data as GPUs can provide parallel executions of small mathematical operations. So the solution that iExec offers is a lower cost decentralized cloud to offload computing to.

>>20590578
This RLChad gets it. AI & ML, aka the future, are extremely GPU intensive and iExec has already enabled decentralized confidential cloud based GPU processing

I wonder how many GPU farms are still around... Would be nice to replace AOL aka Bitcoin sooner than later

>>20590568
>>20590578

i want to know how you got a nickname here on 4chan

>>20590321
why use iexec over a centralized provider? how is it better?

Op, How many RLCs are you holding?

>>20590723
go back to plebbit tranny

>>20590405
This. it's just bullshit Intel shitware that doesn't work. SGX/TEE attestation is basically trusting an "AWS HSM" to be super sekret and definitely not tamperable by Amazon.

It's literally dumping right now

>>20590763
seriously i want to know. are you jannies or what

>>20590209
lol

azure does not leverage iexec in any way shape or form. their "partnership" is purely research, if that.

>t. cloud security architect

>>20590750
Big Data is beyond what even the biggest tech giants can handle. Combining computers on global grid is the next logical evolution in processing such mass amounts of data.

And you guys keep overlooking the CONFIDENTIAL part that's really import for companies when doing any kind of collaboration and allows for new ways to monetize data that weren't possible before

>>20590750
Initially it won't be better. But once momentum is achieved over the years, it will be a magnitude better than traditional centralized providers, and also a magnitude cheaper.

A new forecast from IDC estimates that there will be 41.6 billion connected IoT devices, or “things,” generating 79.4 zettabytes (ZB) of data in 2025.

Given that the number of devices keeps increasing with compounded growth each year, it seems inevitable that at one point edge computing with these devices will occur. Why would we have hundreds of billions of devices but not make use of them during their idle time to help society process computation? :)

>>20590751
I'm currently holding 20k digital oil barrels

>>20590768
>>20590831
Make to sure to livestream your tears after the 30th retards

>>20590750
it isn't. it's just a middle man reseller. lol. I don't even know who'd be dumb enough to buy into this.

>>20590856
>Big Data is beyond what even the biggest tech giants can handle. Combining computers on global grid is the next logical evolution in processing such mass amounts of data.

and how is something limited by DeFi processing fees going to make it faster? Also I doubt RLC will be able to compete against me spinning up a cluster of c5.8xlarge and a generic map/reduce solution.

Thank you for the answers

>>20590938
>and how is something limited by DeFi processing fees going to make it faster? Also I doubt RLC will be able to compete against me spinning up a cluster of c5.8xlarge and a generic map/reduce solution.
holy fuck dude the cringe. That's not how it works or is powered at all, defi isn't even their main focus and stop larping like gaping faggot. If you could compete with iExec you'd be doing it retard

>>20590938
You are correct that currently you can spin up a cluster of c5.8xlarge instances and a generic map/reduce solution much easier. But lets take a step back and zoom out and look at technology on a large scale. The advent and maturation of our traditional cloud was a recent phenomenon (past 15 years). The internet has been only adopted for around 30 years. Things move fast in this industry, and it seems highly plausible in 10 years we will be looking back at the 2020's thinking "holy shit we were running some outdated shit in centralized clusters.. Now we have a decentralized platform that is ubiquitous to all, and computing power can be traded as a commodity securely without any 3rd party".

>>20590938
also iExec has 0 tx fees. DYOR.

>>20590885
>>20590927
how did you get your nicknames on 4chan

>>20590927
lol I won't, because I don't care about your "digital oil" shitcoin. I'll be sure to gloat when price action does nothing good after this revelation of a presentation though lol

what will the next event be after this presentation gets you nowhere?

>>20590804
Dude lurk more

>>20591176
He used iexec to bruteforce hiroshimoot firewall and gave gave himself a based title.
The gook fears the global decentralized cloud marketplace.

>>20590078
>DYOR
>thread title is literally "IExec Eduction (AMA)"

ok kid. I don't really care, this shit is retarded and so are you.

i don't get it, how does iExec take advantage of cloud computing and all of these GPUs?

>>20591264
>>20591323
fucking niggers tell my RIGHT NOW. I MUST KNOW THIS.

>>20591079
nah we won't, but that's ok I'll entertain your facile viewpoint.

how does the iexec platform ensure compute availability? if they're earning less money, what is the incentive for any cloud provider to transition to this business model?

what about config? how do we ensure compute security when we can't trust the security of the underlying architecture? who will enforce compute security? is that going to be a function of the iexec platform? how does that baseline get measured, and how does the customer validate the security of the architecture?

>>20591071
Source on pic?

>>20591377
no

>>20590078
why did the european iEx.ec Team leave to Dether.io ?

>>20591238
We'll be going "nowhere" with v5 that's already being implemented in Wuhan. Pics already in this thread

>>20591373
iExec is working on the forefront of trusted computing. Recent advancements such as Intel SGX have allowed for confidential computing environments using TEEs(trusted execution environments). What this means is that even if you are running a process from RLC, and you own the computer, you still won't have access to the data within this environment. This is huge for decentralized computing since it basically allows users to offload their processes to an external computer without sacrificing your own privacy. It can also be cryptographically proven that the workload was run successfully. iExec is the first decentralized market place for computing resources, and thus anybody with a computer can start earning RLC tokens by helping process computations.

>>20591393
This is the entire reason why iExec is the future. The security of the underlying architecture is enforced at the HARDWARE level. Not even the owner of the computer will have access to it as it everything within it is protected. Each workload is validated cryptographically to ensure that it is valid.

>>20591393
>how do we ensure compute security when we can't trust the security of the underlying architecture?

m-muh Trusted Execution Environment. It's just bullshit. these retards probably don't even know what FHE is and why it hasn't taken off.

>>20591620
Cringe
Hurrrrr durrrr pajeet

>>20591470
HOW DO YOU DO THIS I'M BOILING

>>20591620
>m-muh Trusted Execution Environment. It's just bullshit
lmao this is exactly why you're poor. Ngmi, you're a bundle of sticks

>>20591578
>you still won't have access to the data within this environment.

this is patently false. there have been proven attacks on not only SGX using speculative gadgets, but the whole concept of memory as a whole with things like rowhammer.

TEEs are a fucking meme in the post SPECTRE world and even without OOOE, you still have new and unique ways of attacking any "TEE."

holy shit, is the iExec network going to get all the fucking code and data properly signed to be shoved into an Intel SGX enclave? do you realize how retarded this all sounds to anyone who is in the know?

>>20591238
Price action and that's how you doxed yourself rapejeet.

>>20591690
dude just download the app and go to "settings" jesus. It's not on the website

>>20591671
>>20591717
>no argument, probably doesn't even know how TEEs work.

lmao. DYOR on FHE plebs. At least that theoretically works.

>>20591690
Kek

>>20591721
Well you're obviously not in the considering Microsoft is all in on it. I'm gonna go with over the 400lb basement larper
Buy RLC now or stay poor. It's that simple.

>>20591822
>Microsoft is all in on it.

just like how they all sell HSMs as a service as well. This doesn't make them secure or sane. Most of that shit is box checking bullshit for meme laws.

>>20591773
>At least that theoretically works
>iExec is already tried and tested and is the first to provide substantial real world use cases
Man you sound more and more retarded the harder you pretend your IQ is above 73

is there are a relation between the price and how many trannies Gilles fuck?

>>20591690
kek

>>20591760
>>20591812
what app are you talking about i need this RIGHT NOW. GIVE IT TO ME STRAIGHT, NO BULLSHIT, I CANT TAKE THIS ANYMORE!

>>20591721
TEEs are not only for decentralized computing. They offer far greater security advantages to blatantly running your workload on a machine without protection. From a security standpoint there will always be vulnerabilities but the reality is that it will be exponentially harder to attack and expose data that is contained within the TEE. Incoming data is all encrypted and only within the enclave decrypted. We can expect advancements in the security around this hardware in the coming years too :)

>>20591578
>thus anybody with a computer can start earning RLC tokens by helping process computations.

right, so miners are doing more than just verifying transactions? so companies like Amazon and Google are getting involved purely for passive cash?

>>20590078
How much can I do per month staking RLC?
Do i have to buy a computer and idel it?
I have 4000 RLC

>>20591934
Dude it's on iOS and Google app stores. Just search for "4chan Official Uncensored Boards"

You have to scroll down, it has a bad rating because people say nigger here

>>20591997

Can't really comment on if Amazon and Google are getting involved, but it would be in the best interests for enterprise companies to get involved with this space as early adopters as it is a potential threat to their market share. They are more interested in staying on top of new technologies instead of earning passive cash from mining..

>>20591377
>he doesn't know

>>20592050
>>20592133
ENOUGH WITH THE JOKES!! 3.9K RLC HOLDER HERE SINCE 20fucking17! HELP ME OR I WILL DUMP ALL MY COINS!

>>20592133
Checked.
Def some pajeet that wants to start a thread to shill his shit coin like he knows something.

>>20592188
Post hands and I will tell you.

>>20590078
Is possible to make an attack over the RLC network. Creating multiple workers accepting the task and interrupt them while processing them? I know the task is replicated over 3 workers, but if I had multiple servers just to ruin the service as competitior. I'm asking this because is not proof of stake and a worker has nothing to lose.
Thank you for your work.

>>20591620
this is an education thread. enlighten us.

>>20592226

>>20591997
it's not mining. fuck it gets so tiresome explaining this shit. It's like Bitcoin 1.0 all over again. No one fucking understands it or the vision.

>>20592281
What this chad said >>20592050 you're just retarded. Now dump your coins so I can buy em.

>>20592227
Yes, but as a worker you must stake your RLC to participate. Bad behavior will result in a loss of stake. Furthermore, workers must achieve consensus on the execution result to get the requester's funds. Proof of contribution replicates the tasks across workers to come up with the same result, and each worker's contribution also has associated credibility. The credibility derives from the worker's score. A worker's score is a positive integer that is incremented for each valid and verified contribution. If a worker is caught doing shady shit, it'll lose 1/3 of its score.

>>20592227
it's PoCo

>>20590578
Why would you think that that's possible confidentially ? There are no Nvidia GPU TEEs, all data is insecure once uploaded to the GPU.

>>20590209
CL also uses TEE, holy fuck you are dumb for conflating iExec with TEE.

>>20592308
FUCK YOU STAND TO YOUR WORD

>>20592227
That's what PoCo is for
>https://docs.iex.ec/key-concepts/proof-of-contribution#replication-and-trust

You can change parameters of a job based on the level of trust you require.

>>20592435
cl tee does not work stupid faggot. town crier was never implemented

>>20592464
Just because I feel bad for you at this point.

>>20592301
how is it not mining? you earn rewards for offering computing power

>>20592626

>>20592044
help with this?

>>20592426
They are developing TEE on GPUs.. namely Microsoft.. ;)

https://www.microsoft.com/en-us/research/uploads/prod/2018/09/Graviton-Trusted-Execution-Environments-on-GPUs.pdf

>>20592626
>>20592464
thanks

iExec left some more breadcrumbs on twitter today :-)

iexec left some new breadcrumbs on twitter today ;-)

>>20593026
I left some in your girl’s panties

>>20590113
It's already being adopted by Microsoft and Google lol

>>20593171
i know, she made me lick ur dry cum. thx

>>20590218
Profit would increase massively if they outsource to iExec

>>20590265
Anybody can make a dapp and I suppose you can make a botnet of some sort but I'm not sure. Sounds plausible.

>>20590750
The benefits of decentralize will then be gained by these centralized companies such as cheaper outsourcing, consistency, and security as well as new tech offered by iExec

>>20592301
THE BITCOIN OF CLOUD COMPUTING

>>20592941
So whatever you said is wrong since there is nothing available yet. And since when is microsoft developing GPUs retard, it has to be Nvidia who modifies the hardware in a new generation to enable this kind of stuff.

>>20593500
Your future robot waifu will be powered by iexec. How else is she going to know how to suck your dick properly? You want those fucks at Amazon knowing how you like your dick sucked by your robot fuck doll? I didn’t think so.

>>20594569
Exactly
Confirmed by POCO

Where did the "11490$" speculation come from?

>>20595455
1 trillion marketcap lmao I can’t believe I bought this shit at $1.50

>>20594569

amazing thread. Reminiscent of early chainlink shit

Was there ever going to be a partnership or was it just marketing bullshit? Pic related.

>>20597111
They were invited into the alpha program to work with google on "the project".
They are working with google and microsoft is about to adopt them causing a huge snowball effect of adoption

>>20597111
Notice how nothing in that image states or suggest partnership, it just says "join in the mission" meaning legitimizing what iexec is doing

>>20597180
They weren't invited by Google, they applied alongside lots of other projects. There is no Microsoft, it's fucking dropbox. They released V5 a few hours ago and it looks rubbish. I'm saying that as someone with a decent bag. Look at this shit: https://medium.com/iex-ec/iexec-v5-interoperability-and-privacy-tools-for-defi-3cf674e8cd8c

>>20597419
They were invited to the ALPHA.

You don't just get alpha access by asking. Compare it with a videogame, you have to be important to get access.

>>20597456
Where have they ever said they were invited? They always use language like "joined".

>>20597750
"We are extremely excited to have been involved in the Google Confidential Computing Program since the Alpha release"

From the article. Generally for an alpha of ANYTHING you need to be invited.

https://medium.com/iex-ec/iexec-participates-in-google-confidential-computing-program-db5036fc6267

I hope either microsoft or aws partnership is real.. This tech giant announcement was certainly a dissapointment

>>20597808
>working with google is a disappointment
you fucking guys are dumb

>>20597836
They announced the announcement of a participation in alpha and beta startup programm of google

I’ve lost almost like $75 on my RLC investment. Why shouldn’t I sell and buy more link right now? People seems to just be pumping and dumping this meme coin

RLC holders have become the most impatient fucking idiots in all of biz. 90% whining and crying. Where's my partnership? Where's the green dildos? Why no moon? Explain the tech to me? Fucking sell retards.

>>20597970
Yeah it's pretty annoying but they are all moonboys

10k-14k satoshis is buy range you homos.

LOL

>>20598268
all filecoins will die at the hands of iExec

>>20598268
They're not even partnered with dropbox, just making downloads available via them. Fuck my life.

>>20597970
>RLC holders
you can't, honest to god, think these people are holders do you? these are moonboys who are riding random biz hype. holders have been lurking for years and sure some are coming out of the woodwork but the obnoxious moon posts are not coming from anyone who actually gives a shit about the coin.

>t. iron hands

>>20598471
>a blockchain project figures out how to utilize dropbox within its decentralized system
>implying this isn't big

just go ahead and sell this "crash"

so apparently RLC dumped because v5 is officially released
(sell the news)

>its time to start getting excited about the second part of the V5 release in a few months.

is this enough speculation to keep the price above $1? hopefully August isnt a vacation no news month for us...

One interesting thing is the "iExec and Google @googlecloud" tweet...

you don't name drop google without backing it up. Yea it's a beta but it seems like a cringy thing to do if Google honestly has no interest in you to the point they've never publicly acknowledged your existence

I propose we get google to respond to this somehow. A tweet from google or a google connected twitter account would be massive for the of reputation of iExec

>>20599340
v5 isn't released until september retard

>>20599376
kill yourself
faggots like you turn people away from the project

>>20590078
Yes cloud computing is big. Here is the thing though, tons of existing non scam companies are doing the same thing and doing it much much better so why the fuck would I invest in this pajeet pile of shit

>>20599405
or you can learn what the fuck "technical" release means idiot hahahahahahahhahahaha

>>20590321
>Considering that their team has been working on distributed/desktop grid computing for nearly 2 decades,

Not a good thing, this huge amount of development time is a classic telltale sign of DEVELOPMENT HELL

>>20599340
>cringy
yes fren, thats what we've been saying about this shitcoin for years

>>20599478
That anon is wrong, they have been working on grid computing since 2001 and only until after BTC was developed started the quest for iExec, and then ETH was developed so iExec became possible.

AHHHHHHHHHHHHH
WHY ARE WE DUMPING

>>20599618
BTC and ETH having fun

>>20599518
19 years and still no product or customers of note

>>20599667
>microsoft
>no product
>version 5 (final version) releasing sept