[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 1.11 MB, 1540x800, 1572335196734.jpg [View same] [iqdb] [saucenao] [google]
16134565 No.16134565 [Reply] [Original]

Limited digital resource that powers decentralized, verifiable, and secure computations, data, dapps, robot jobs, etc for the first time in the world.
Just how oil is a limited resource that powers machines. RLC is a limited digital resource that powers the cloud, and allows for off-chain computations to occur with the results given onchain. It's used in a decentralized marketplace specifically designed for RLC to power the cloud, and the digital world of tomorrow.

This is the last few days you will be able to buy under 1$.

>> No.16134574
File: 253 KB, 631x625, 1572649160808.png [View same] [iqdb] [saucenao] [google]
16134574

Reminder that Gilles himself considered RLC to be analogous to digital oil.

"iExec introduces a new paradigm in cloud computing: it allows the trading of computing resources as commodities; in the same way we may observe with resources such as oil, gold or rice.

To understand the benefit of a global market for computing power, let us draw comparisons with the oil market. When you are stopped at a gas station, filling your car with oil, you have little to no idea where that oil comes from or how it arrived at that gas pump. There is an entire industry behind the scenes, that has standardized the whole process from petroleum extraction, to processing, to transport and delivery, and eventual utility being consumed by vehicles.

Now take the example of an application developer. A developer needs resources too, in the form of computing power from cloud vendors to ‘fuel’ his applications. However, in contrast, they do not have the luxury of benefiting from an organized and global market with abundant choice of vendors and competitive prices.

Let’s imagine you are a driver in the same situation, with no choice but to fuel a car in the same way developers fuel their apps. Being a driver in this case, you would have to call a specific Iranian or Venezuelan extractor to organize oil transported directly to your car. What’s worse is that, because each oil company produces its specific oil without standardization, the driver would probably have to process or ‘transform’ the oil so that it is compatible with his car. Today, this is the situation developers find themselves in, in the current age of cloud computing."
-Gilles

>> No.16135261

>>16134565
No, pajeets.
The 20 spam threads an hour campaign didn't work before, so I don't know why you're trying to come back. No one outside of the same 5-6 faggots in your curry pod cares about your shitcoin - especially seeing as smart money dumped this garbage on you at +$2. Please feel free to kill yourselves at any point to free up the catalogue.
It goes in all fields and is hidden.