ANTI RLC THREAD

[Anonymous No.24634457]

Have some indisputable FUD because I actually care about the crypto community a bit.


RLC is a very thinly veiled scam, and it's not even hard to spot. Let me list some problems:


>Security
The security relies on a technology called Intel SGX. It's a proprietary intel hardware feature. That means other vendors do not support it which completely defeats the whole premise of "fog computing"
https://hive.blog/iexec/@dana-edwards/iexec-will-be-supporting-intel-sgx-secure-enclave-promising-to-allow-for-private-software-execution-in-the-decentralized-cloud


Most older implementations of SGX are also vulnerable, and since this is a hardware implementation (the literal transistors on the chip) it's also not patchable.
https://arstechnica.com/information-technology/2020/03/hackers-can-steal-secret-data-stored-in-intels-sgx-secure-enclave/


>Usage
Nobody fucking uses this stuff. The block explorer lists a grand total of 3 tasks in the last 4 months, out of which only 2 finished
https://explorer.iex.ec/mainnet


>Data transfer
The premise of "high performance computation" implies a lot of data has to be transformed. Transfering a few TB of data over the internet is infeasible even on enterprise internet connections (10Gbit being the most modern standard).
>no link because you can try uploading 1TB of stuff and see how that goes.

[Anonymous No.24634468]

Before you buy, let me tell you a story.

I was visiting France to see one of my friends who works in wealth management. We went to a strip club, and while I was there, I saw Gilles, surrounded by women. He was throwing tons of money at them, but not just bills. It was stacks upon stacks of $10,000, sealed up with the white paper bands, like he had just come straight from a bank.

I went up to him and congratulated him on the success of iExec as of late (this was about a month ago), and he started laughing. He took a hefty swig from a bottle of Dom Perignon, and said, "Yeah? You think I care, oilie?" Confused, I asked what he meant, and said that he had obviously put a lot of work into helping disadvantaged third worlders and he should be proud.

"I don't give two fucks about those pajeets, kid."

He was about to say something else but one of the strippers tapped him on the shoulder. Gilles pulled out from his pocket the biggest ziplock bag full of cocaine I've ever seen in my life. It looked like one of those gallon bags, almost bulging at the seams. The stripper ran off into a back room with it. He then pulled out a Zippo lighter.

"You wanna know what I think about iExec?"

He picked up his bottle of champagne on the floor, pulled about 20 stacks of bills from a duffel bag, threw them on the floor, poured champagne all over them, flicked his Zippo, and dropped it onto the pile. Almost instantly the whole stack caught.

I stared at him, speechless.

"It's called a 'PUMP and DUMP,' kid."

He laughed as he watched the pile burn before losing interest and going into a back room with his entourage of strippers following carrying duffel bags full of what I assume was money and coke.

This is the man you are supporting by buying RLC.

[Anonymous No.24634491]

[Anonymous No.24634531]

Thanks anon you saved me 10k

[Anonymous No.24634552]

>>24634457
If youre going to fud, atleast make it believeable

[Anonymous No.24634561]

>>24634468
>He picked up his bottle of champagne on the floor, pulled about 20 stacks of bills from a duffel bag, threw them on the floor, poured champagne all over them, flicked his Zippo, and dropped it onto the pile. Almost instantly the whole stack caught.
Pro tip: Champagne doesn't burn faggot
Now fuck off with your bullshit!

[Anonymous No.24634569]

>>24634531
no problem fren, share the word. Together we can stop anons from getting scammed into buying this shitcoin

[Anonymous No.24634614]

>>24634569
KYS

[Anonymous No.24634665]

>>24634468
why is this story recycled for all projects?

[Anonymous No.24634668]

>>24634614
call me when Gilles solves The Boolean Problem

[Anonymous No.24634719]

>>24634668
Buy rope

[Anonymous No.24635213]

bump, don't get scammed

[Anonymous No.24635258]

>>24634457
>>24634468
>>24634491
>>24634569
>>24634668
>6 posts by this ID
>>24635213

[Anonymous No.24635293]

>>24634468
kek nice story but champagne doesnt burn and no one packs coke this tightly into a ziploc.

[Anonymous No.24635417]

go back to the telegram faggot

[Anonymous No.24635434]

There was a skype presentation yesterday and during the Q&A session someone asked Gilles "How do you plan on solving the boolean problem?"
His eyes got really wide and he looked at the camera for a solid 3 seconds and then proceeded to click his web cam on and off while making static noises with his mouth pretending he had a bad connection. He logged off shortly after and the meeting ended there. It was really pathetic.

[Anonymous No.24635439]

What do iExec and Request Network have in common?

[Anonymous No.24635459]

Actually, I just realized it IS digital oil, in that you cannot actually use oil for anything without running it through a complicated and expensive refining process, at the end of which you get a product you can actually use to do work, like gasoline or diesel.

Both of which are readily available in convenient locations in any quantity you could reasonably desire to use, with no need to fuck around with any of the above.

So "digital oil" is actually perfect. Bravo.

[Anonymous No.24635484]

I've been a long-term holder of iexec, but have recently started selling off shares of my (quite large) RLC bag. Here's why:

Hiring: It seems only two new developers have been hired in 6 months, while two (or three) have left in the same time. The essential positions in research, marketing and leadership are still not filled.

Location: The startup is located in Lyon and only hiring there, which understandably significantly narrows the range of top talent available

Website: A new website was promised shortly after the iexec crowdsale in April, but still hasn't been released. I consider this a major red flag for a project with 12 million at its disposal, it's not like any complicated web-app is developed here, only a redesign of a website should never take this long.

Marketing: Two months ago, it was promised, that a "top-tier" US-based PR company is nearly hired. No progress, announcements or anything here, one month before product release. Iexec is slipping out of the top100 coins on coinmarketcap as we speak, because nobody knows about its goals and potential progress.

Community: Although the community is still active on the slack, the more invested members and those actively contributing value have mostly left because the iexec dev team mostly acknowledges improvement suggestions but never acts on them. There is almost no effort of building a dedicated community.

Developer community. There is no effort to attract ethereum developers. This is a project aiming to extend ethereum (solidity) and there is almost no open-source activity, demos on ethereum conferences, etc. The recognition in the ethereum community is basically zero. I mean what the hell ?

Team Communication: The team is periodically active on slack, but not comparable with other projects. Iexec slack was until recently bombarded with scam attempts, then the invitations where disabled without any announcement or comment on this from the dev team. Another red flag.

[Anonymous No.24635506]

Continued..

Leadership. Although Gilles, the founder, is clearly an accomplished academic, he has little experience in company leadership which shows through on nearly every front. Yet they are refusing to hire an experienced CEO

Technical Outlook. The technical outlook remains unclear. iExec Academy will probably be released on schedule, but it still unclear how it is usable from solidity, how results are retrieved into the smart contract, costs, providers, etc, etc. I'm not expecting any real-world dapps to use this anytime soon. For Version 5.1 there has been no information update since the whitepaper release. The research on the most important and most difficult part, the proof of contribution, has not even started (to my knowledge), and it is doubtful their vision for v6 and beyond is possible to implement.

Partnerships. There has been only one announcement of a unknown company partnering with iexec. DApps running on iexec or other forms of partnership should clearly be one of the most important goals right now.

Strong competition. There are a lot of projects aiming at similar goals and iexec is one of the more unknown of them.

Trading. No new exchanges and RLC trading with extremly low volume are a reflection of the above points imho.

I don't want to this to come over as complete FUD, just letting of some steam over lost money on iexec. Please refute any points which you think are untrue.

[Anonymous No.24635530]

Scammers gonna scam thanks anon I’ll avoid this

[Anonymous No.24635564]

>>24634457
thanks for the FUD anon i need to wait for mr shekelberg to deposit my next paycheck

[Anonymous No.24635595]

>>24634457
IM EXTREMELY GAY AND BLACK AND I HOLD RLC

[Anonymous No.24635615]

>>24635484
>>24635506
good points, watch shills struggle to refute them

[Anonymous No.24635650]

>>24635615
i agree, it's crazy that pajeets here would spam a coin with a team that were once garbage men and welders with no coding experience

[Anonymous No.24636596]

bump for awareness

[Anonymous No.24636645]

>>24634457
https://www.youtube.com/watch?v=as9mR2cIebY

[Anonymous No.24636694]

>>24636645
too scared to use your own voice?

[Anonymous No.24636847]

>>24635434
He did the same thing when asked about Taiwan. I guess he’s working for the Chinese. Look up the Vice President of the company. Very sketchy