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/biz/ - Business & Finance


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12513493 No.12513493 [Reply] [Original]

just bought 3k rlc

I genuinely believe that decentralised computing will be big in the future.

anyone else joining the RLC club?

>> No.12513506

>>12513493
RLC is going to be massive in a few years
getting in now is the smartest move you could make, even if just for suicide insurance.

If you can get 10k RLC you will be a millionaire by 2021.

>> No.12513513

Welcome to the RLC VIP CLUB.

>> No.12513528

>>12513493


>>12513493
Redpill me on this

>> No.12513544

>>12513506

thanks guys, I was really impressed by the team and the collaboration with ibm and intel.

I seriously am so excited to see where this is in 4 years or so time.

>> No.12513565

i unironically have over 100k

>> No.12513574

>>12513544
I started buying at 20k sats and my cheapest bag at 6000 sats. should I buy even more? I only have 3500 RLC too :( not fair that plebs get it so much cheaper now aaaaah

>> No.12513581

RLCPimp here. Welcome to the club. We'll be the sheiks of cloud computing. Going to buy 6kRLC this week. So don't pamp it pls.

>> No.12513784

2500 rlc bra here. I started buying way too early and got justed. Anyway I still think it's a great project and will bump up stack this month.

>> No.12513795
File: 68 KB, 410x410, 1515351221387.jpg [View same] [iqdb] [saucenao] [google]
12513795

i bought 10k of this at $2. fuck this fucking shit

>> No.12513826

>>12513493
I think it might be big, but how are the tokenomics of this any better than zrx? Seems like one more good project in the space with shitty tokenomics. Couldn't jobs just be paid in eth?

>> No.12513844

>>12513826
>Couldn't jobs just be paid in eth?
Absolutely not.
Proof of contribution algorithm is a big reason why iExec is so awesome.

Tokenomics report is sometime this year.

>> No.12514045

>>12513493
Ive been watching this for over a year. it just sits there and does nothing. Everyone keeps saying its going ot be huge but i think if it was the signals would show it.

>> No.12514053

>>12514045
Literal millionaires hold it and link. Ive seen

>> No.12514101

>>12514045
>it just sits there and does nothing
that's the best reason to buy it imo
>but i think if it was the signals would show it
Have you not seen those accumulation pumps?
Some whales know.

>> No.12514193

RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM RLCASH RLSCAM

>> No.12514216

This shit is an app not a blockchain it doesn't need a token.

>> No.12514237

>>12514193
*cringe*
>>12514216
shit tier fud
do more research idiot
Proof of Contribution requires the RLC token.

>> No.12514243

>>12514101
>>12514053
fuck it ill get some

>> No.12514356

>>12514243
Congrats, welcome to buying the next ETH under ICO price

>> No.12514714

>>12513493
Welcome to 4chan you faggot.

>> No.12514720

>>12513528
Welcome to 4chan you faggot.

>> No.12514736

>>12513493
Can’t believe there’s people left to fall for this scam

>> No.12514771

>>12514736
>scam
Explain.

>> No.12514801

>>12514771
team cashed out all their ico money and dumped their team tokens

>> No.12514842

>>12514801
Proof required.

>> No.12514936

>>12514842
saw it on reddit

>> No.12514951
File: 1.53 MB, 841x849, 4141515.png [View same] [iqdb] [saucenao] [google]
12514951

>>12514801
Just to make you look like an idiot. Here's the team address: https://etherscan.io/token/0x607F4C5BB672230e8672085532f7e901544a7375?a=0xd65380d773208a6aa49472bf55186b855b393298

Haiwu He: https://etherscan.io/token/0x607F4C5BB672230e8672085532f7e901544a7375?a=0xb3174e8f4e12cb94b6593a7d84e4ff80ddbdd5b7

Gilles Fedak: https://etherscan.io/address/0x4D9b368ED4a1f2a5193b45D2051dAAA89851897f#tokentxns

All in all, if you fud iExec you better come with something better. I've seen better. It always ends up the same, with the fudders looking like retards because iExec is literally unfuddable.

>> No.12514956

>>12514936
>i sAw iT oN rEdDiT
Refer to above.
Stop trying, just buy a suicide insurance bag.

>> No.12514988

/biz/ keeps getting asia hustled

>> No.12514992

This coin has only went down. I bought at 1,80$ and it went down like if there was some kind of force to push t down, like someone knew that ''there is no gain to hold this'' and the people left holding these are the fanboyos maybe
Smart money left the ship AFTER INTEL announcement, prove me wrong

>> No.12514996

>>12514988
>french team
more shitty fud
god you guys REALLY need to step your fud game up

>> No.12515015

>>12514992
This coin has made me and others plenty of money. The fact that it's below ICO is a blessing in disguise, but biz is too retarded to believe it.

No, smart money didn't leave after intel. Smart money bought at ICO and below ICO(now). Gamblers bought before the intel pump and caused mass capitulation as BTC plummeted as well.

Weak fud 2/10

>> No.12515020

Clearly controlled by 3 asians behind the camera

https://twitter.com/iEx_ec/status/1082589342055440384?s=19

>> No.12515063

>>12515020
>he thinks this looks human controlled
>has never seen lego mindstorm robots move before
>doesn't understand the implications of this technology
>doesn't understand what iExec even is
top kek

https://www.youtube.com/watch?v=TUDO8BeeqBg

>> No.12515138

>>12515063
That's a stripped roomba and some fancy graphs and code

>> No.12515144
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12515144

>>12515138

>> No.12515150

>>12515138
sounds like a poor fag. definitely one.

>> No.12515182

>>12515015
>No, smart money didn't leave after intel. Smart money bought at ICO and below ICO(now). Gamblers bought before the intel pump and caused mass capitulation as BTC plummeted as well.
>>12515015
>Smart money bought at ICO and below ICO(now)
If smart moeny was buying NOW we were pumping nigger... ALSO THINK ABOUT THIS:
Why a whale who bought at ICO prices would suppressing his coin UNDER-ICO prices? To lose his money? It seems not logic.

>> No.12515204

>>12515182
>If smart moeny was buying NOW we were pumping nigger
Is this english?
We did pump. We went up a cumulative 60% in about 3 days. Look at the accumulation pattern before the pump. This coin has been consolidating (whale support) for months.

I would know because I've been watching the coin non-stop like a hawk.

>Why a whale who bought at ICO prices would suppressing his coin UNDER-ICO prices

>whale bought at ICO, sold at 2-4$ when it pumped
>whale waited
>whale bought some pre-intel
>sold off to spark market fear
>rlc dumps hard
>whale now buys even more RLC below ICO
>whale accumulates and prevents mini-pumps so a breakout doesn't occur so he can keep accumulating below ICO.

It's really not hard.

>> No.12515217

>>12515063
>top kek
>https://www.youtube.com/watch?v=TUDO8BeeqBg
Why does it use ubuntu? for what is used that shell for? is it a connected shell with the faggots providing compunting resources?

>> No.12515231

Ok, keep your iroomba tokens

https://www.youtube.com/watch?v=oj3Vawn-kRE&feature=youtu.be&t=14

>> No.12515258

>>12515217
>Buyer wants floorplan of a building
>Buyer buys RLC
>Buyer uses RLC with the SLAM dApp
>Program gets executed offchain to start the robot to gather floorplan
>robot gathers floorplan
>Work is confirmed by Proof of Contribution algorithm
>floorplan gets uploaded and sent to the buyer


Something like that. Sure, the SLAM robot might not have any (((current))) use case, but it's a proof of concept for something far more amazing.

The fact that you can already use iExec for a plethora of crazy shit is enough to get my interest.

>> No.12515304
File: 59 KB, 720x720, iExecubot.jpg [View same] [iqdb] [saucenao] [google]
12515304

>>12515231
>he thinks the only usecase for RLC is the SLAM robot
>he thinks it isn't impressive
>he doesn't know wall-sensing tech is extremely old and widely used
>he doesn't understand the importance of decentralized robots and AI
>he wants roomba to have a floorplan of his house
>he actively invites roomba to spy on him

kek, you'll be wishing you had some RLC when the killbots arrive.

>> No.12515334

>>12515258
>Something like that. Sure, the SLAM robot might not have any (((current))) use case, but it's a proof of concept for something far more amazing.
>The fact that you can already use iExec for a plethora of crazy shit is enough to get my interest.
OK, I have told you what's the meaning of that ubuntu shell

ALso look at this: Irobot does the same thing with a centralzed compute server and it seems to do it faster than decentralized compunting, probably the decentralized compunting have more latency than centralized solutions due to the parallel tasking executing
https://www.youtube.com/watch?v=oj3Vawn-kRE&feature=youtu.be&t=14

>> No.12515344

>>12515304
K-killbots!? No one mentioned killbots before!
Ok, I'm buying 10k

>> No.12515424

>>12515334
>Decentralized computing
You are a retard, confirmed.

It's off chain you fucking idiot

>> No.12515525

>>12515424
>It's off chain you fucking idiot
It's offchain it means that some computers (the chosen by the buyers) make the compunting tasks, and that they make it with parallel tasks grown the latency so they will never have the same performance of centralized servers
Prove me wrong.. you can just say ''retarded''?
It's decentralized beacause I can choose among servers around the world, if I need more compunting power I can choose among 4 servers dislocated around the world, it's decentralized retarded

>> No.12515610

>>12515525
Your English is pajeet level, Rakesh.
If you're going to fud, at least know what you're talking about.
>It's offchain it means that some computers (the chosen by the buyers) make the compunting tasks

It does the computations offchain. Meaning, once the computer has the task it starts the job OFF CHAIN. Therefore, it's impossible that it "will never have the same performance of centralized servers" because IT'S OFF CHAIN COMPUTATIONS.

Then, the result is VERIFIED BY POCO algorithm.

>> No.12515627

>>12514356
Thanks man, when can i expect the gains?

>> No.12515646

>>12515627
v3-v4
For maximum gains just wait until it completely BTFOs centralized alternatives. You'll know when you start seeing it in the news.

>> No.12515649

>>12515610
>Your English is pajeet level, Rakesh.
>If you're going to fud, at least know what you're talking about.
>>It's offchain it means that some computers (the chosen by the buyers) make the compunting tasks
>It does the computations offchain. Meaning, once the computer has the task it starts the job OFF CHAIN. Therefore, it's impossible that it "will never have the same performance of centralized servers" because IT'S OFF CHAIN COMPUTATIONS.
>Then, the result is VERIFIED BY POCO algorithm.

I am not fudding, I am trying to understand. I am not the smartest man in the world, but little by little I can understand concepts. In this case ok, you're right ... making off chain than there's no difference with centralized servers, but what about the latency? Being the computer which execute the task dislocated around the world, and considering that they have not all the same power compunting (hardware) the time to deliver a task to the buyer may be a lot longer than centralized servers, all with the same hardware

>> No.12515748

>>12515649
>In this case ok, you're right ... making off chain than there's no difference with centralized servers
Exactly.
Latency won't matter because once enough computers running iExec exist around the world it'll be a non-issue.

>> No.12515867

>>12515748
>Latency won't matter because once enough computers running iExec exist around the world it'll be a non-issue.

You say that it's not decentralized compunting, but on their website it says ''decentralized compunting''...
what's the difference with a supercomputer meme like SONM? SONM for example 8if it wasn't a dead project) what would bring more than RLC?

>> No.12515881

>>12515867
oh my fucking god im gonna kill myself
it's decentralized computing WITH OFFCHAIN COMPUTATIONS

iexec isn't a "supercomputer" it's a pay-per-task decentralized computation platform. Maybe some sort of supercomputer type things are possible but I haven't looked into that. I'm sure it's possible to some degree.

you can look at iexec's faq and it explains everything dude

>> No.12516014

>>12515881
So I buy the device that does the task I need and then pay someome in RLC for the device to do the task?

>> No.12516024

>>12516014
>So I buy the device that does the task
???
You only have to buy RLC if you want a task completed

>> No.12516048

Redpill me on this

>> No.12516074
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12516074

>>12516048
Not going to get into depth, I'm sick of shilling it.

>Allows to sell computing power to anyone in the world.
>Does computing offchain so it's extremely efficient (not like ETH that gets fucked by a simple cat collecting game).
>Uses PoCo algorithm as consensus, validates the work of other workers ao they don't cheat. It's basically like mining but doing useful computations instead of throwing away energy.
>Team composed of brainiacs. CEO has been in cloud computing research for 15 years at least. Other members are pioneers in their fields. Just look them up on their site.
>Partnered with IBM, Intel, TFCloud (multibillion chinese cloud computing conpany), Ubisoft and other multibillion companies.
>Close relations with Huawei, Orange
>Possibly at the ATL ever. Can't go much lower even if BTC falls, the valuation is ridiculously low.
>Multiple awesome dapps already working. Preparing themselves for a future where AI will rule the world.
>Will allow sell mining power on V4 without the need to create mining farms on your own.
>In short, iExec allows to sell computing power as a commodity, creating a power war between cloud providers.

>> No.12516124

>>12516024
Oh, so I can run photoshop, cad or something like that on a shitty pc just as long I have an internet connection and RLC to pay for the computing power?

>> No.12516145

>>12516124
Yea like if something is gonna take you forever to render in blender or whatever you can just use iexec instead. Of course there are a million other use cases for it, like turning centralized apps into decentralized ones.

>> No.12516185

>>12513493
>I genuinely believe that decentralised computing will be big in the future.
True and Golem will be the market leader. RLC is going to fizzle out.

>> No.12516191

>>12516185
>comparing golem, a rendercoin, to a pay-per-task computation marketplace and dApp platform

You are a brainlet.
>imagine investing in something you don't understand

>> No.12516243

>>12516191
you have to pay for someone'else hardware ahah what happens if the the workers has a shitty computer/harware? Also SONM is supercomputer it leaverage the computation, (x3, at choise) wile RLC is only ''ok, choose 3 servers, they gonna execute the task off chain and then report it on chain''

it's not a supercomputer which increase the compunting power needed for AI and future

>> No.12516267

>>12516243
Worker Pools are made up of multiple individual machines.
Worker Pools are led by a ‘Scheduler’, one machine that organizes the workload and lists available WorkpoolOrders on the iExec Marketplace to be purchased.
Workerpools can either be public for anyone to join, or private.
Schedulers, while not doing the actual computation, receive a fee for the management of the Worker Pool.
Schedulers compete to attract Workers to their Worker Pool by providing efficient management and guaranteeing the earnings of Workers.

The multi-sided market provided by iExec allows to trade applications, the requestors set requestorder for an “ask” publication, a computing resources provider should accept the deal and process this requestorder at the price fixed by the requestor.
The Pay-Per-Task model and the blockchain allow a high level of control of operating costs and expenses for computation.
Requestors can define a minimum level of trust to ensure the task has been correctly processed, whether or not to execute on Intel SGX hardware enclave enables machines, for example.
Requestors select resources providers depending on certain criteria such as geographical location or energy management.
Requestors can monitor and fully audit all computing activity, thanks to Blockchain.

In short, you're a retard. https://docs.iex.ec/intro.html#what-is-iexec

>> No.12516271

>>12513795
Dude, i had 14k of those at 2.5usd but did not sold. My entry was around 0.5

>> No.12516279

>>12516271
opportunity presents itself
maybe DCA a little in now, and if BTC shits the bed go HARD AF because RLC is gonna go nuts soon

>> No.12516282

>>12515525
The higher latency could be leveraged by cheaper computing power.
Cheap power -> faster + slow latency = same price and speed as centralized solutions.
And most datacenters nowadays run tasks in parallel with low latency, and they could also sell their power on the iExec marketplace to prevent servers from idling.
Time will tell if this is going to happen.

>> No.12516332

>>12516267
You have not red my message, I said: ''Iexec can not be a leverage of compunting power''

Example: I need compunting power to run a difficult algoritm--> What does Iexec offer to me? Oh yeh..some shitty servers just like AWS... oh... what a news..

Quantum compunting---> probabilistic multistate

This is the future for AI, not an off chain server

>>12516282
>The higher latency could be leveraged by cheaper computing power.

>Cheap power -> faster + slow latency = same price and speed as centralized solutions.

this anon gets it, in the end it will be like centralized solutions

>> No.12516409

>>12516332
Yes, iExec can most definitely be a lever for computing power.

The idea of Desktop Grid (aka Volunteer Computing) is to collect together underutilized computer resources across the Internet in order to execute very large parallel applications at the fraction of the cost of a traditional supercomputer.

iEx.ec relies on XtremWeb-HEP, a mature, solid, and open source Desktop Grid software which implements all the needed features: fault tolerance, multi applications, multi users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more.

>> No.12516449

>>12516332
Can’t the workers join a pool that will leverage each of their capacity? A bit like mining pool actually?

>> No.12516477

>>12516449
yes

>> No.12516495

say it with me you filthy poorfags:

I-O-T-A

>> No.12516499

>>12516495
yikes
iota is shit tier and isn't even doing the same shit iexec is, sorry bud

>> No.12516503

B>>12516449
>Can’t the workers join a pool that will leverage each of their capacity? A bit like mining pool actually?
No, because let's say you need to lever compunting power x3 ok?
You select a worker. This worker is in South america and rents its idle shitty pc (example). In this way it's like to rent AWS

It's not a multistate quantum computer...it's like AWS...nothing new here

>> No.12516509

>>12516503
>No, because let's say you need to lever compunting power x3 ok?
>You select a worker. This worker is in South america and rents its idle shitty pc (example). In this way it's like to rent AWS
>It's not a multistate quantum computer...it's like AWS...nothing new here

You seriously have zero clue how iExec works.
>what are worker pools
kys PAJEET

>> No.12516522

>>12516503
I imagine that if 1000 «shitty» PCs put all together and doing part of the calculation will accelerate the whole calc. The advantage over AWS is that it will be cheaper (no overhead, decentralised using usually unused processing power...) and can be theoritically power unlimited.

>> No.12516533

>>12516522
Don't bother with him. Look at his spelling, you think he can grasp the complexity of iExec?

>> No.12516534

>>12516522
That 1000 «shitty» PCs...

>> No.12516548
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12516548

>>12514237
>Proof of Contribution requires the RLC token
thats stupid

>> No.12516552

>>12516548
y-y..you're stupid?
wtf do you mean?
Proof of contribution is the heart and soul of iexec

>> No.12516592

>>12516495

iota isn’t in the qobal qistributed qomputing game? hmm...

>> No.12516595

>>12516533
Maybe he just doesn’t know...

>>12516503
As well if we have to wait q computing to be ready to move forward there won’t be any progress in the next 20years... Just forget about that now.

>> No.12516607

>>12516592
qubic is a pipedream and still not doing what iexec is doing

>>12516595
I tried explaining but he's just resorting to circular logic

>> No.12516621

>>12516509
Why no one wants your coin? Have you asked to yourself this simple question?

>> No.12516634

>>12516621
>hurr durr why does no one want your coin
>2nd grade fud
yikes pajeet
It's not that people don't want it, they don't understand why it's so valuable. Like you, you are too retarded to understand it so people like me have more time to buy more as we gradually educate you until you FOMO.

>> No.12516642

>>12516522
>I imagine that if 1000 «shitty» PCs put all together and doing part of the calculation will accelerate the whole calc. The advantage over AWS is that it will be cheaper (no overhead, decentralised using usually unused processing power...) and can be theoritically power unlimited.

Immagine I have a task that can not be subdivided. Let's say I need to calculate somenthing and this tasks can't be esecuted ''in paallel'' (as Iexec works) cause the calculation I need must be executed all in one, what then?

>> No.12516656

> guys buy my bags, i want to get out of this low volume shitcoin
Nice try

>> No.12516660

>>12516642
Please give me an example of tasks that cannot be sibdivided. (By the way all «super computer» will not work neither in this case)

>> No.12516668
File: 6 KB, 179x281, 47384483_10157052675232975_2196106105174622208_n.jpg [View same] [iqdb] [saucenao] [google]
12516668

>>12516642
>using impossible scenarios to fud
we need flags on this board

>> No.12516671

>>12516642
Then you think a quantum computer will help you? Kek.

>> No.12516677

>>12516656
>bags
>below ICO
>i bought at 0.20
does not compute

>> No.12516707

>>12516642
Thats entirely possible, thats why you can choose to run it on some server from some server farm via iexec. It will be cost effective because server farms will be selling idle time when deman is low.

>> No.12516714

>>12516668
There are tasks that are not posible to divide, fren

>> No.12516728

>>12516714
What are these tasks (genuine question)? Is it common? Very specific?

>> No.12516729

>>12516714
Name one then, and even if they weren't possible to divide chances are they didn't need to be in the first place.

>> No.12516744

>>12513493
>he fell for golem 2.0
Newfags gun a newfag

>> No.12516756

>>12516744
>comparing golem, a rendercoin, to a pay-per-task computation marketplace and dApp platform
retards gonna retard

>> No.12516784

just bought in, how fuck am I?

>> No.12516815

>>12516784
congrats now its gonna dump to zero obviously.

>> No.12516823

>>12516756
>muh erc20 is gunna make me rich
Lmao keep fucking dreaming.

>> No.12516831

>>12516823
blockchain agnostic

>> No.12516837

>>12516831
More like value proposition agnostic.

>> No.12516852

>>12516837
whatever you say retard

>> No.12516869

Why the token? Can't I simply stake in Ethereum instead of RLC? Why the token?

Also tokenomic---> I buy RLC for compunting power. The pajeet on the other side of the world sells, creating an equilibrated sistem which does not support the natural increasing of the coin.

>> No.12516870

>>12516784
Enjoy your no news till may

>> No.12516880

>>12516869
>Why the token? Can't I simply stake in Ethereum instead of RLC? Why the token?
Proof of contribution algorithm requires the RLC token.

>buy/sell fud
meh, debunked it a million times, tokenomics report is this year so you'll fomo in after i guess

>> No.12516893

>>12516852
The project is competing against established pay-per-user computational services from reputable vendors already in this space. Good fucking luck. This is a redundant service leveraging blockchain to vacuum up money from fools like you. It's a gimmick and you fucking bought it.

>> No.12516900

>>12516668
>>using impossible scenarios to fud

This is not an impossible scenario. Immagine a regression. A regression across multiple predictors is somenthing can't be split.

Another example can be a videogame accelerator, you need to run a newgenearation videogame with all kind of realistic video image and so on.. how can it work if RLC split the task? A videogame needs to be runned for enterley

>> No.12516919

>>12516893
harsh but true

>> No.12516924

>>12516893
Part of the team are the ones who litterally contributed to create cloud/decentralised computing (part of their research are even used at the CERN guys!). Sure you are more skilled than them to know what is relevant in this space... and sure IBM, intel, alibaba, TF, are wrong as well, is it?

>> No.12516925

>>12516893
>The project is competing against established pay-per-user computational services
that of which are centralized, prone to failure, have higher costs, have higher upfront costs, have higher maintenance costs, have employment costs, have building costs, have tax costs, have airconditioning and electricity costs, etc.

Meanwhile, decentralized computing has none of those and all of the benefits of an open marketplace.
>delusions of a golemite

> regression across multiple predictors is somenthing can't be split.
Then it has no reason to be split if it can't be split. You answered your own question.

>Another example can be a videogame accelerator
We don't know if iExec can handle that yet because it won't be until v4 or v5 when that might be possible. Remember, Ubisoft is partnered with iExec.

Your english is so fucking shit i can't believe I'm actually responding to you.

>> No.12516927

>>12516880
>Proof of contribution algorithm requires the RLC token.
Proof of contribution, you can also making staking with Ethereum

>>12516880
>meh, debunked it a million times, tokenomics report is this year so you'll fomo in after i guess
Actually never debunked, and this will be the primary cause to make not moon RLC, beside speculative NORMIE FOMO or some kinda of media shilling, because the tokenomic

USA citizen buys RLC and orders compunting task ---> the pajeet on the other side sells the RLC on the market

will create an equilibrated economic sistem

>> No.12516929

>>12516900
How «super computer» you were talking about earlier will do?

>> No.12516936

>>12516900
sorry forgot the tag >>12516925

>>12516919
not true at all

>>12516924
This. Plus Gilles Fedak is a literal genius and pioneer in cloud computing. He wrote a fucking book about it.

>> No.12516955

>>12516927
>Proof of contribution, you can also making staking with Ethereum
No you can't what the fuck are you smoking?
You stake RLC for the PoCo to work.

>Actually never debunked
Actually it was. There are many reasons why token velocity will not be 1:1.

What if client A needs task AB to be executed constantly by worker B? I think that's what will happen with most of tasks, clients requesting tens, hundreds or thousands of times per minute.

That example "locks" the RLC cycle between A and B + the stake of B, neither of them are going to sell RLC if they need instantly for another task, reducing the total free supply. If client C or worker D enters the network for the first time, they'll need to buy RLC from a smaller supply than A and B. Have the network fully working (no speculators) and RLC will be a scarce supply.

Not only that, but tokens will be locked up by the staking requirement of PoCo. Not only that, but miners may hoard RLC for future investment purposes, among other investors simply investing.

TLDR; Stop trying

>> No.12516958

>>12516955
Also to build on the "HURR DURR ETH CAN DO IT"

RLC is used to verify OFF CHAIN COMPUTATIONS with the PoCo algo.
ETH cannot do this. ETH can't even handle shitty cat apps

>> No.12517008

>>12516929
>How «super computer» you were talking about earlier will do?
Fucking brainlet maybe because q-bit can have both states and make an enormous ammount of calculation and don't need to split the tasks? ANyway I am agree, quantuum pc are far away

>>12516955
>No you can't what the fuck are you smoking?
>You stake RLC for the PoCo to work.
You could, but the team made the ICO to grab moeny in the maximum hype period for crypto, accept it

>>12516955
>That example "locks" the RLC cycle between A and B + the stake of B, neither of them are going to sell RLC if they need instantly for another task, reducing the total free supply. If client C or worker D enters the network for the first time, they'll need to buy RLC from a smaller supply than A and B. Have the network fully working (no speculators) and RLC will be a scarce supply.

A buys the task, B gets RLC like it was mining, he doesn't need to wait or stake them, he can sell them having always their coins staked for future tasks. So we can say that the price will get to an economic equilibrium point and will barley move from there

>> No.12517019

>>12517008
>You could
You can't.

>A buys the task, B gets RLC like it was mining, he doesn't need to wait or stake them, he can sell them having always their coins staked for future tasks. So we can say that the price will get to an economic equilibrium point and will barley move from there

Ok this is my last response because you're both a) a pajeet and b) retarded as fuck with shit tier fud

You don't understand that in a computation the RLC would get "locked" in a cycle if the computation took a certain amount of time, and on top of that the amount required to stake per task would be enormous in the long run.

You also contradict yourself by saying "will barely move", implying that it will indeed move and that it doesn't ever get to an "economic equilibrium point".

>> No.12517031

>>12517008
> Also SONM is supercomputer it leaverage the computation, (x3, at choise) wile RLC is only ''ok, choose 3 servers, they gonna execute the task off chain and then report it on chain'

Referring to that from you.

>> No.12517060

>>12517019
>You don't understand that in a computation the RLC would get "locked" in a cycle if the computation took a certain amount of time, and on top of that the amount required to stake per task would be enormous in the long run.

I don't know if I am retarded, or I a m talking with a deluded

Let's assume A orders computation from B, B stakes his 20k RLC coins for 5 minutes (example), gets his gain in RLC , let's say he gets 20 RLC .

He sells them on the market, while keeping the original RLC always staked for computation.

Even assuming that the demand for computation will rise, the coin staked by B in the first place will remain 20k, B won't stake more coin, why he should?

>> No.12517076

>>12513795
Dca faggot. RLC is one of the few with actual corporate backing - you just bought mid-bull. Buy in a bear, ie now.

>> No.12517079
File: 31 KB, 640x480, 1545373510046.jpg [View same] [iqdb] [saucenao] [google]
12517079

>>12517060
You literally answered your own question and proved yourself wrong. LOL KYS PAJEET

>> No.12517095

>>12517060
C and then D and then E etc... will stake as well therefore the tradable rlc will be fewer. As well I think I remember the poco algorythm take into account the stake. Therefore the worker will also compete based on the dtake they have. If C stake 30k rlc he will be more «popular» than B making B increase his stake to keep his ranking (as the case may be)

>> No.12517134

>>12517095
>C and then D and then E etc... will stake as well therefore the tradable rlc will be fewer. As well I think I remember the poco algorythm take into account the stake. Therefore the worker will also compete based on the dtake they have. If C stake 30k rlc he will be more «popular» than B making B increase his stake to keep his ranking (as the case may be)

OMG are you stupid? It's clear that there will be some sort of equilibrium at a given point, if everyone stake and there are few RLC but a lot of demand for RLC computations there will be a lot of people waiting for the others to have tasks executed before they can make their calculations... and this will be boring as a fuck (immagine waiting for a worker to take your task)

It's pretty clear that we'll arrive at some point of equilibrium. Just like Monero and the dark web think like that.

Monero it has a pretty similar tokenomic... people buy it for drugs ---> the monero goes to the dealer---> the dealer sells.

P.S. don't answer like a retarded ''monero went to 200$''... I hope ypu know that it went to that price because of the speculative bubble and not for the real value of monero

Nothing ssures you that there will be another bubble

>> No.12517143
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12517143

>>12517134
>there are few RLC but a lot of demand for RLC computations

>> No.12517164
File: 171 KB, 500x435, 1547804890195.png [View same] [iqdb] [saucenao] [google]
12517164

>there are few RLC but a lot of demand for RLC computations

>> No.12517177

>>12517134
Dude... seriously? What is the relation between the rlc supply and the «waiting» time for calculation...

>> No.12517184

>>12517177
I told you bro, he's a retarded pajeet.
He knows nothing about either blockchain or RLC.
Just let him fud, im going to bed.

>> No.12517207

I know this is probably a retarded question but can several computers around the world work on the same task ?

>> No.12517213

yes>>12517207
see
>>12516409

>> No.12517227

>>12517213
Thanks anon I guess I'm gonna read the whole thread

>> No.12517237

>>12517177
>Dude... seriously? What is the relation between the rlc supply and the «waiting» time for calculation...

Are you a nigger?

You want a calculation, but you have to wait because frank has his coin all staked competing for the POCO so you have to wait until frank has executed the task

The reason here is this: if everyone stake the coins and there are few coins in circulation, this means that when someone buys the few RLCthan someonelese has to wait for its computation to be executed

>> No.12517248

>>12517237
>not understanding how crypto works: the post
just stop dude i wanna go to sleep jesus christ

>> No.12517257

>>12517237
This is non-sense... Just put this bottle plug back dude...

>> No.12517322

>>12517257
>This is non-sense... Just put this bottle plug back dude...
Ok, I am not the smartest people in the world... but I own some RLC and I am trying to find vulnerabilities in the project... this is not fudding, this is reverse-social-fudding engeneering

>> No.12517346
File: 322 KB, 1536x2048, 1547647855692.jpg [View same] [iqdb] [saucenao] [google]
12517346

Doesn't Link make iExec obsolete? Just as it makes eNIGma obsolete?

>> No.12517357

>>12517346
>Doesn't Link make iExec obsolete? Just as it makes eNIGma obsolete?
Well LINK makes everything obsolete, actaually
You can live in a world without banks, with only 300000000 PC and LINK and will still have a banking sistem

>> No.12517490

>>12517357
delusional linklets

>> No.12517572

>>12516729
>>12516728
Deterministic task where each iteration is dependant on the previous outcome.

>> No.12517611

>>12517572
Can’t you in this case imagine breakdowning each implementation in independant tasks (with new tasks in line having input from the previous) and incorporate them in a bag of tasks that will be calculated by the same worker pool

>> No.12517622

I was almost tempted to buy some
But that pink name is tryng really too hard to make people buy this

Nobody would ever insist so much. The same way as people that sell scams does

I'm not gonna buy

>> No.12517631

>>12517622
Just think about it. What motivation does he have to shill other than to dump his bags

>> No.12517634

>>12517572
>Deterministic task where each iteration is dependant on the previous outcome.
this
how do you split this one?

>> No.12517681

>>12517611
Prob not my man. But it would be a highly specific task and scenarios like this won't impact iexec market.
You can parallel process probably all machine learning algorithms and it's all that mattes. Sometimes parallel processing might impose some drawbacks, like losing some "uncommon" baskets in apriorii. But aside from that "undividable" tasks is low iq pajeet fud

>> No.12517703

>>12517681
On the other hand you can prevent apriorii basket problem by stratified train set dividing and adjusting your parameters

>> No.12517704

>>12513493
i have 150 million USD ready ot invest and considering going all in to RLC
probably doing it tomorrow.

>> No.12517709

>>12517634
Not. But that does not mean you can’t run each iteration in parallel.

>> No.12517721

>>12517704
Larp. With that kind of money you can buy the project 10 times.

>> No.12517773

>>12517704
Nobody that has 150 million would think "mmmh... How can I use them? I'm gonna put every single penny IN CRYPTO" ahaha nor sober or high on a mix of psychedelic drugs you could intentionally do that

>> No.12517791

>>12517703
Ok, think I will have to educate myself a bit more about what you are explaining here. But anyway thanks for this, interesting.

>> No.12517796

>>12517791
I Changed my IP but I am the guy you were answering to.

>> No.12517809

>>12517709
>Not. But that does not mean you can’t run each iteration in parallel.
if eaxh iteration is dependent to other one it needs a sistem to deliver the things in an ''ordered'' way... does it have this implemented RLC?

>> No.12517879

>>12517809
It relies on XtremWeb-HEP, so I think is does. But not sure how its’s implemented in the iExec scheduler.

>> No.12518033

>>12517879
>It relies on XtremWeb-HEP, so I think is does. But not sure how its’s implemented in the iExec scheduler.

XtremWeb-HEP doesn't handle those kind of specific ''intelligent'' iterations

>> No.12518086

Didn't they completely fuck up their roadmap and miss their goals
Or was that REQ

>> No.12518094

>>12517704
Even though I know you aren’t a bank or Bezos this gets me hard as fuck nice larp

>> No.12518117

>>12518086
They are ahead. Gpu support was supposed to be implemented in 2020, but they are almost done with it

>> No.12518297

>>12518086
They have ALWAYS delivered on time. And they're actually ahead of it's goals. It's probably REQ that you're talking about.

>> No.12518485

>>12518033
https://ieeexplore.ieee.org/document/4154114
Could be misunderstanding the abstract. Can’t read the paper right now. But is seems it does.