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9146602 No.9146602 [Reply] [Original]

Im begging you with tears in my eye's. Please try to understand the following:

Microsofts most profitable sector? Cloud computing

Amazons most profitable sector ? Cloud computing

Iexec is cloud computing decentralized.

>year 2019: blockchains most profitable sector? Cloud computing.

>> No.9146668

Bump

>> No.9146714

Ok i checked it out. And i gotta say wtf is the catch? Team of PhD and working product...am i being scammed cuz this shit looks severely undervalued

>> No.9146787
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9146787

>>9146714
Not a scam. Funds are safe

>> No.9146805

B...but... muh DBC....

>> No.9146918

IOTA is already going to do that, its called Q, but good luck.

>> No.9146923
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9146923

If iexec captures only 1% of the cloud computing market for 2019 then they will be valued at over 15 billion. That is a 150x.

>> No.9147008

I've got 3k of this, tempted to get more. How long have I got until it takes off? (if it ever does)

>> No.9147010

>>9146923

hehehehehheheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

damn you guys crack me up

>> No.9147021
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9147021

>>9146918
Thefes a difference between saying you plan to do something and actually implementing it.

Iota is still centralized. They need to learn to walk before they can even think of running

>> No.9147038

>>9147008
Small lift off in end of may. Moonshot in october for version 2.x

>> No.9147090
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9147090

>>9147010

>> No.9147103

>>9147021
They are already working on it and implementing it, its being worked on since here 2012: https://bitcointalk.org/index.php?topic=112676.0

You will see soon, enjoy your fudding till then, I am saving all posts like yours.

>centralized, learn to walk before....
Yeah thats kinda the point why the coo exists, having safety wheels during development.

>> No.9147214

>>9147103
As far as i know q hasnt been even officially announced so your speculating on breadcrumbs

Also that qubic link is basically describing iota, not distributed computing
Tangle != distributed computing.

A large gulf exists between implementing a workable decentralized ledger and a distributed computing system.

>> No.9147273

>>9146714
this whole sector is a looooong way from being able to compete with microsoft or amazon. be prepared to hold this for years. plus they aren't the only one trying to do it. SONM is kicking the shit out of this piece of shit, for instance. EOS is also launching a decentralized cloud computing project as one of their first dapps.

>> No.9147355

>>9147273
Dont need to compete. We will coexist and slowly earn marketshare. Also sonm.....lel

>> No.9147381

>>9146602
please delete this OP. iexec will take off regardless, i need more time to accumulate

>> No.9147399

>>9146602
>tfw currently mining on both for free

>> No.9147406
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9147406

>> No.9147437

>>9147214
Founders already confirmed that Q stands for Qubic in the discord, its not even speculation. The only speculation is when they will announce it.

>> No.9147460

I'd like to get more fiat into this, but waiting until the market crashes again. Or until it dumps after v2. I don't necessarily see this mooning anytime soon, but it's an easy 100x in the next few years.

>> No.9147528

>>9146714
I'm a big holder. I say the catch is that they are a startup company, not a decentralized project like Ethereum, which has developers all around the world. That means that there is one point of failure, the iexec company. It's all on them to do the development and market their prroduct to customers. The success or failure of rlc hinges entirely on them. It's like investing in a promising startup company (ie pennystocks), not in something more generalized and global, like bitcoin and ethereum (larger, robust, forkable, mutating, amorphous, flexible).

>> No.9147548

>>9147437
and like i said qubic as its described basically is tangle aka iota

they cant even run a true decentralized system, and now your telling me they plan on doing fog computing.

ill put this in the pile of things like " vechain will overtake eth as the smart contract platform"

>> No.9147724
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9147724

It is golem are the one doing this.

>> No.9147755

ok so whats your point anon shill me the coin already

>> No.9147766

>>9147724
golem is literally a shitcoin and iexec does everything it does plus more. Can golem even render blender yet?

>> No.9148061

bump

>> No.9148163

Cloud computing does not lend itself well to blockchain.
Send a NANO - wait 20 seconds - arrived
Click on windows icon - wait 20 seconds - opens
Not gonna be adopted in that form
Now if youre just issuing ERC-20s to people who join your hadoop cluster, that could work
Is that what were looking at bros?

>> No.9148175

>>9148163
>thinks he's smarter than a team of french/asian PHD's
kek

>> No.9148208

>>9148175
>trusts PHDs not to scam him
just trying to understand the goals of the project

>> No.9148218

>>9148208
>thinks a team that has the best cloud computing project in crypto will exit scam
don't try to understand the project, it's clear you have a low iq and deserve to be poor

>> No.9148259

>>9148218
>ad hominem
check and mate
would someone else mind taking a look at my question?>>9148163

>> No.9148271

>>9148259
You clearly haven't done a shred of research on off-chain computation. Please don't buy iexec.

>> No.9148402

>>9148259
literally go to their website and read the whitepaper,

>> No.9148438

>>9148218
Why talk about a crypto if you're so averse to talking about that crypto?

Newfags like you are so useless it boggles my mind how you survive

>> No.9148446

holochain. <- ico just finished yesterday and they are taking cloud computing to new level. a few ETH devs put in over 1300eth in ico plus mozzila firefox ties.

>> No.9148452

>>9148438
not gonna spoonfeed retarded brainlets like yourself

>> No.9148471

>>9148163
No you would be allocating a chunk of your tokens to form contracts much like Siacoin works today.

Once your budget is allocated you get instantaneous service from a catalogue of applications living inside Docker containers where you would pass unique ENV variables to perform your specific compute task, IE:

Render this scene
Transcode this video
Map reduce this data
Etc

The implementation they are using is much like using AWS Lambda but is also good for long running tasks due to the price the nodes are willing to take to execute the tasks.

>> No.9148473

>>9148259
I've stayed away from this coin for the same reason as you. What they're trying to implement sounds incredibly inefficient.

>> No.9148480

>>9148402
It's near impossible to read every whitepaper all the anons shill on this board everyday.

Every crypto is a shitcoin until proven otherwise.
"Read the whitepaper" is a newfag anthem that demonstrates you don't understand the project yourself.

To be fair though, your other posts in this thread are pretty useful. So gj on that point

>> No.9148485

>>9148452
>doesn't understand the project
>"not grna sponfed u brenlit!"

>> No.9148687

>>9148163
I'm guessing it would be for non-realtime applications. 3d modeling, data modeling and things of that sort.

It's like having a satellite connection with a 10 GBIT connection and 1000 ms latency versus a vDSL connection that runs at 24 mbits down and 3 mbits up with 50 ms.

For immediate time sensitive tasks (video chat, gaming, voice), you will want the vDSL connections, but for large data transfers (of say 100 GB) where there isn't an immediate need to low latency, then the satellite connection would be superior.

I haven't invested in iExec. Tempted to as I understand it's expensive at many universities to use super computer time for data modeling. Doing it for cheaper and potentiallt faster overall (given the potential scale of available combined computing power) makes it tempting.

>> No.9148822

the alternative would be spinning up a high-powered aws instance for a few minutes, not heading down to the local college
iexec would need to be an order of magnitude cheaper to get adopted, maybe 1/5 of the cost of aws. I'm skeptical people will accept those rates. Imagine staking out your extra computers for $5 a month. I could probably make more mining elsewhere

>> No.9149197

>>9148822
>>>
>Anonymous (ID: MKtnK4uK) 04/29/18(Sun)00:17:39 No.91
go over and take a look at a AWS c4 large instance, the type you would use for data sets

its so fucking expensive it hurts

>> No.9149260

>>9149197
is it going to take longer than 24 hours to test your single data set? Obviously your analysis could be complex, but 24 hours of nonstop compute is only $2.40

>> No.9149874

>>9149260
Thats actually per hour friend