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23982775 No.23982775 [Reply] [Original]

Since i'm a programmer, i'm gonna list some interesting facts about the cloud space and why iExec or decentralized compute on spare pcs is a very, very small niche market.

1) No ability to verify in-deterministic programs (AI training, etc. etc.). Worker reputation scores are a miserable way to do this, no company would outsource important business logic to a server they can't be sure isn't cheating or the time & resources required to fault-check are higher than whatever savings you get through spare-compute.

2) No GDPR compliance and no SLAs. Yep this already precludes 90% of enterprise workloads

3) Shit-tier latency and bandwidth. Data-centers are literally built to have high extremely connectivety, no company will host a real-time service (website / etc) on manjeets basement raspberry Pi.

4) Google and AWS already offer "spot" instances, which use the spare compute and are much cheaper than dedicated instances. They have no need to participate in the iexec marketplace as suppliers. They could, but there is no incentive for them do it and there is no incentive for customers to use iexec instead of being comfy in using AWS or Google spot instances with all the controls that literally billions of dollars for armies of developers & decades of development have created

5) There is no need for everything (deals etc.) to run in smart contracts. Is ridiciuosly expensive and iexec is trying to get rid of this by building (centralized) side-chains. But then again who cares, why do I as a developer care if my deal with the cloud company or worker node is recorded on the blockchain. Token literally not needed.

>> No.23982809

>>23982775
Thanks just bought 100k

>> No.23982835

ok Mr Monopoly

>> No.23982855

>>23982775
Cool all i see is oil on the blochain

>> No.23982865

>>23982775
Well said

>> No.23983015

>>23982775
Actually I just read all of your fud, it's all debunked. Especially #3 since fog and edge compute are coming

>> No.23983017
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23983017

>>23982775
bravo nigger, best fud RLC has seen in a while

>> No.23983043
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23983043

just bought 10k more thanks

>> No.23983151
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23983151

>>23982775
DR:NS

>> No.23983167

>>23982775
I spoke to the kikes and they say you've been debunked.

>> No.23983207

>>23982809
>>23982835
>>23982855
>>23982865
>>23983015
>>23983017
>>23983043
>>23983151
>>23983167
Like flies on shit. Look at the time between posts. Fucking discord scammers.

>> No.23983227

>>23983207
Biz is a RLC board now faggot normie link recent buyer

>> No.23983299

kek at all the non replies
Thoroughly BTFOd by op

>> No.23983307

>>23983207
lmao this doesn't read like a pajeet discord raid at all newfaggot
stay poor, you don't deserve to even look at a Barrel

>> No.23983338
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23983338

>>23983299
except for newfags even non bagholders can tell that's obvious fud retard

>> No.23983352

>>23983299
Kek at bothering to reply seriously to debunked fud

>> No.23983369

>>23982775
"im a programmer"

lol

>> No.23983441

>>23982775
I have a PhD in code programming.
All of this makes 100% sense.

>> No.23983469

>>23983441
"code programming"

>> No.23983484
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23983484

>>23983441
>code programming

>> No.23983486

>>23983469
yes.
also, they still haven't fixed the boolean problem.

>> No.23983521
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23983521

DIGITAL DOG SHIT
WANT SOME RLC? ITS DISCOUNTED AT
https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x52a66f3c752edb17d5ad94b418aa9e4075bdb62a

>> No.23983546

>>23983486
its fixed

>> No.23983566

>>23983546
proof?

>>23983521
kek
someone actually made the effort

>> No.23983597
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23983597

>>23983546
lmao it was nevery a fucking problem

>> No.23983630

>>23983207
Shut up retarded white trash

>> No.23983638

>>23983597
My PhD in code programming says otherwise
https://en.wikipedia.org/wiki/Boolean_satisfiability_problem

>> No.23983641

>>23983597
Then why are we still poor? Surely the booleans would make us rich

>> No.23983661
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23983661

>>23982775
I know this is bait but im gonna reply anyway cause i don't want newfags to miss out on the next ETH.

1) No ability to verify in-deterministic programs (AI training, etc. etc.). Worker reputation scores are a miserable way to do this, no company would outsource important business logic to a server they can't be sure isn't cheating or the time & resources required to fault-check are higher than whatever savings you get through spare-compute.

Iexec encrypts the data before the job is handed over to the node to compute, execution results carried out in Trusted Execution Environments (TEE) such as Intel SGX.
As for cheating jobs, see PoCo:
https://docs.iex.ec/key-concepts/proof-of-contribution

2) No GDPR compliance and no SLAs. Yep this already precludes 90% of enterprise workloads

https://twitter.com/iEx_ec/status/1316380656281309195

>> No.23983667
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23983667

>>23983638
>>23983641
lol alright that's enough RLChads
how many Barrels are you holding?
Day of the Barrel soon boys

>> No.23983691
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23983691

>>23983661
3) Shit-tier latency and bandwidth. Data-centers are literally built to have high extremely connectivety, no company will host a real-time service (website / etc) on manjeets basement raspberry Pi.

Apparently you don't know what Fog/Edge computing is.

4) Google and AWS already offer "spot" instances, which use the spare compute and are much cheaper than dedicated instances. They have no need to participate in the iexec marketplace as suppliers. They could, but there is no incentive for them do it and there is no incentive for customers to use iexec instead of being comfy in using AWS or Google spot instances with all the controls that literally billions of dollars for armies of developers & decades of development have created

Except they already are working along side already established cloud providers.
Iexecs marketplace is essentially made up of buying and selling spot instances. Iexec offers secure deployment of spot instances built to handle decentralized applications and big data, something pre-existing cloud infrastructure cannot currently handle. They have built a new stream of revenue for pre-existing cloud providers to profit from.

https://www.namecoinnews.com/iexec-rlc-project-joins-confidential-computing-consortium-on-cloud-data-security/

>> No.23983695
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23983695

>>23983566
gilles fixed it retard

>> No.23983751
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23983751

>>23983667
comfy 3K

>> No.23983776

>>23983667
27k

>> No.23983842
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23983842

>>23983751
nice, making it for sure
>>23983776
wow. that's going to be 'fuck you' money anon

>> No.23983872

>>23982775
You are correct and you will trigger many people in here

>> No.23983877

>>23983667
Not enough for trannè partè

>> No.23983876
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23983876

>>23983151
If you want this "gem" discounted it is cheaper on Uniswap
https://info.uniswap.org/token/0x52a66f3c752edb17d5ad94b418aa9e4075bdb62a

>> No.23983879

>>23983842
Yeah I'm not selling either

>> No.23983894

>>23983872
No see
>>23983691
>>23983661

>> No.23983940

>>23983441
>Sirs I studied many months at the ITT Technical Institute to learn to become a doctor of code programming.

>> No.23983986

I have only 2x870 = 1740 RLC but apparently it's enough to make it TWICE over

>> No.23983998

>>23983940
yes sir, very proud
many research

>> No.23984371
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23984371

>>23983661
>>23983691
OP BTFO

>> No.23984399
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23984399

>>23984371
let me help you there buddy

>> No.23984434

>>23984399
Checked and absolutely based

>> No.23984513

>>23984399
Thanks bro I actually meant to post this but forgot I had the original on my phone

>> No.23984685

>>23982775
You shouldn’t be a programmer. NSMDO

>> No.23984712

>>23984685
they're not kek

>> No.23984809

>>23983661
>>23983691
- The scope of iExec vs. their development power is way way to low. They try to do everything but fail because they don't have the manpower and others excel in the various niches (rendering (RNDR), AI, datarenting (Ocean, etc.), storage, oracles, etc. etc.). They have only developed very basic proof-of-concepts for all of these things. Literally meme dApps. No-one would choose to use this, if they could also use a full-fledged product developed by the competition.

- Grid computing is a old concept which has only worked for donating free compute so far (BOINC). Slapping a token ontop of it isn't exactly revolutionary and actually makes everything worse by introducing a volatile, illiquid shit-token (not obtainable in the US) that creates a huuge accounting & legal barrier for companies for extremely litttle, or no, benefit.

>> No.23984866

OP is legit. A token no one needs for a problem no one encounters.

I wonder how many of you fools invested half your savings into this shit.

>You will NEVER make it!

>> No.23985104

>>23984809
ok boomer
>>23984866
>plebbit spacing
>nigger tier fud
>can't greentext
you need to go back niggerfag

>> No.23985105

>>23984866
Literally this. The ONLY use case for the RLC token is to for transactions on their marketplace, for which you could just as easily use ETH itself.
Even if iExcec is successful in the future, people will just take the code and set up the whole thing without the useless token and just use ETH to pay for computational resources.

>> No.23985121

>>23982775
iExec is based.

Two $50 Amazon Gift Cards! (Free & Verified)


https://twitter.com/tjeezyyy/status/1328234053942747136


I'm doing a minimum $50 giveaway every episode and as sponsors increase so will the prize amount. Something big planned for Episode 10.

All draws verifiable thanks to Random.org's third-party paid drawing service and made readily available.

Who doesn't like free?

>> No.23985147

>>23983207
so true, nice spot anon

>> No.23985184

>>23985147
kek stfu newfaggot

>> No.23986053
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23986053

>>23982775
1) You're forgetting to kill yourself faggot
2) LMFAO confirmed you are not following the project at all
3) He doesn't understand decentralisation... confirmed actual retard.
4) Ahhh, looks like we have a big tech shill, not an ignorant retard but rather an insidious rodent running agitprop for the globohomo cartel.
5) Tokens are stocks. Don't forget to kill yourself, faggot.

>> No.23987035
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23987035

SWINGIES MAD
>SWINGIES MAD
SWINGIES MAD
>SWINGIES MAD
SWINGIES MAD
>SWINGIES MAD
SWINGIES MAD
>SWINGIES MAD
SWINGIES MAD
>SWINGIES MAD
SWINGIES MAD
>SWINGIES MAD

>> No.23987165

>>23986053
token not needed. stay mad.

>> No.23987243

>>23984809
>>23984866
I'm having ETH fud flashbacks kek

>> No.23988142

I am not an expert in the field, but it seems like OP is comparing mainstream cloud computing to iExec cloud computing, but forgetting to mention a very important distinction, iExec is built with the blockchain compatibility revolution in mind, mainstream cloud computing providers and dApps are not very well compatible, plus I think Gilles and the team are smart enough to solve any potential problems.

>> No.23988274

>>23982775
>1) No ability to verify in-deterministic programs (AI training, etc. etc.). Worker reputation scores are a miserable way to do this, no company would outsource important business logic to a server they can't be sure isn't cheating or the time & resources required to fault-check are higher than whatever savings you get through spare-compute.
POCO
with Poco you can verify

>> No.23988311
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23988311

>>23984809
>It can do too much
lmfao
>proof-of-concept
Nigger they have literally finished their whitepaper (ahead of schedule) and been given regulatory approval. More than this, they don't hold a gazillion tokens poised to dump on retail, they don't pay "influencers" to shill for them and they don't even have an official discord.

More than this even, they have been involved in standardisation efforts and fair practice collectives since day one. Certainly one of the good guys so far, which is not only bullish in terms of what it indicates about the quality of the team/project, but bullish in the sense that no-one knows about this yet.

Ultra low-IQ redditors like yourself will all-in market buy a rug-pull as soon as your favourite media scammer shills a token, yet you FUD staggeringly impressive projects... Frankly it's fascinating and knowing that your ilk will be buying my bags when I am finally dumping on the market for $11490 makes me very, very satisfied.

>> No.23988477

>>23988311
checked
based

>> No.23988610

>>23988311
11490 confirmed

>> No.23988624
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23988624

TL:DR buy freedom reserve

https://info.uniswap.org/pair/0x62008a04401662689467f5ee5d57c4863adabfc0

>> No.23988626

>>23984809
some anon build a working decentralized oracle service (chainlink) on iexec in 2 weeks just to test out the tech

>> No.23989424

>>23988626
Less. It was a few days. Based computer anon

>> No.23989438

>>23989424
Yeah LINK has been made obsolete for quite some time, but the market still doesnt realize it