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/biz/ - Business & Finance

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9467755 No.9467755 [Reply] [Original]

It's going to enable off-chain processing for ETH, but their endgame is edge/fog computing. It's essentially next-gen cloud infrastructure, which by the way is being developed by iExec, IBM, Microsoft, Samsung, Intel and CISCO_FUCKING_SYSTEMS. Why is this huge? Well. 80% of the world's data is handled by Cisco routers and switches. Now iExec is working with all these behemoths side-by-side @ OpenFog consortium. If these guys want to push new tech, you'd be an absolute retard betting against them.

Imagine you're a datacenter. Now what does it cost to run it all? Literally hundreds of millions to build it and then some more to keep it running. Now imagine you could provide hosting and computing (Amazon Web Services, Netflix runs on it for example), without having to build a huge fucking datacenter. You just rent any goddamn hardware that is idling anywhere in the world to provide your service.

Now, you don't pay for infrastructure. So you cut your prices down. You become appealing to customers. You grow. You become the airBnB and Uber of data networks/service providing.

What do you need the tokens for, you might ask? Well let my autistic-as-fuck ass tell you.
It's to pay the hardware owners for computational cycles. Just like mining, but actually doing work and not wasting electricity for frivolous shit.

Oh, this sort of network model is also ABSOLUTELY CRUCIAL to IoT, since it kills all sorts of problems associated with latency and security. FUCK. This project makes my dick hard.

Oh, and now we're confirmed partners with Intel and RSK. RSK will allow iExec to be the FIRST TO POWER BITCOIN SMARTCONTRACTS.

>> No.9467802
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9467802

>>9467755
Double dubs and my pasta, fucking checked m8.
We're all gonna make it!

>> No.9467817
File: 33 KB, 331x347, INTELEXEC.png [View same] [iqdb] [saucenao] [google]
9467817

>>9467802
FUCK YEA NIGGA

>> No.9467904
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9467904

Comfiest I have been in a long time

>> No.9468084
File: 559 KB, 518x723, PIMPMYEXECS.png [View same] [iqdb] [saucenao] [google]
9468084

>>9467904

>> No.9468315
File: 152 KB, 1061x367, execunigga-gang.jpg [View same] [iqdb] [saucenao] [google]
9468315

>>9467755
My retro Miami Pepe looking good on that shill.

You have to be stupid if you're not on RLC right now.

>> No.9468377

>>9468315

gang gang gang gang gang gang gang

>> No.9468418
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9468418

>>9468315
Yea it does nigga

>> No.9468566
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9468566

lol whale price suppressing it
20$ EOM

>> No.9468631

where are the salty RLC haters now ???

>> No.9468664

>>9468566
wall got fucking chomped in 1 sec

>> No.9468863

>>9467755
>iExec
source on intel/cicso involvement?

>> No.9469114

>>9468863
literally everywhere

>> No.9469215

>>9468863
Intel was on stage co-presenting with iExec. Cisco is one of the founding members of OpenFog, so they're not partnered, but are sharing ideas and working alongside Gilles Fedak and his friends to create a new paradigm. Fog computing is going to be insane. OpenFog is like EEA or IEEE, If you're familiar with those.

>> No.9469521
File: 304 KB, 897x372, intelgod.png [View same] [iqdb] [saucenao] [google]
9469521

>>9469215
holy shit I was just on r/cryptocurrency and the mods removed the thread AGAIN
Are they trying to suppress this info? Are we going to fucking make it?