Am I deluded thinking this is going above a $1 today

How is that being behind by a year though? I dont understand how you get to that conclusion.
Also i dont understand how something being mainnet vs testnet is a measurement of being better

also i dont understand how marketcap is a reflection of true value? don't you want to invest into lower caps?

i want to invest in better projects
for example iexec only has 20k twitter followers while golem has 150k followers
proof is in the pudding

I dont understand though, how are these metrics of being better projects?
because more people are aware of it?
that doesn't seem like a good way to invest

well then youre clueless then my friend and beyond help

what do you mean im trying to understand how golem is better than iexec and all you say is twitter followers and marketcap?

is there any technical reason????

iExec has been on mainnet for a while

Golem also sounds cooler and has a better pictogram. I mean what is iexec even suppose to be? a honey comb? pfff... don't make me laugh.

typical e-dinar shill

>is there any technical reason?
no
crypto doesnt care about the technicals its all about the hype that drives the price

i execute is pretty self explanatory though
golem is like...a rock monster?
so i think iexec sounds cooler. The logo is a bunch of computers connected to eachother in the iexec marketplace i think? pretty cool.

makes sense, guess ill avoid golem then

redpill:
>relying on hype in bearmarket is retarded.

One is partnered with IBM cloud (heard of them?) who provide SGX secured processing power to the marketplace, developed a unique protocol for calculating processing contributions, and is also tight with Ubisoft in frequent talks.

The other has botted twitter followers.

Tough choice

>Thinks Golem is relevant because marketing to normies

Golem wasted half their budget making this video that isn't even rendered on their network.

youtube.com/watch?v=FZb_w5JXvJ8

>The other has botted twitter followers.
KEK

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It'd be really cool to see iExec make a video that describes all the cool shit iExec can and will do in the future and then have the market render it for them and then they could post the cost of it and how long it took

Yes but normies aren't their target. They're targeting big cloud and tech companies that don't need fancy videos to know what iExec is all about.

>polish engineering

True. I kinda gathered that considering v3 is enterprise edition.

Companies have deep ass pockets...I can see iexec being huge

Golem is older than iExec.
But iExec achieved a lot more than Golem actually.
iExec is a year ahead of Golem in term of dev, innovation & adoption.

you're not deluded, I get ETH vibes from this shit, blockchain WILL NEED....WILL...NEED......decentralized cloud computing cause eth couldn't even run a chess or connect 4 game lmao.

iExec is also able to run on other ecosystems like Cardano, ark, Eos, whatever etc

this is BIG ....big big big

For example REQ running on the ethereum blockchain............

Request plans to offer automated auditing of financial records. This is also an extremely intensive computational process. iExec again provides the offchain solution for this computation—the results of the audit can then be easily transferred to the Ethereum blockchain.

holy shit that's crazy
so iExec could be useful to REQ?
If that's the case, then iExec could be useful for even more coins?
That's fucking crazy

fuck off buddy, kys right now and never come back.

yes of course, exactly, that's how useful this shit is.......unless all that anyone EVER wants to use blockchain ecosystems for is very VERY simple .

another example is FLIXX. Flixxo is a dApp that envisions itself as the decentralized YouTube. Because of all the encoding and decoding of videos on the blockchain, it requires an enormous amount of computer power..iExec will allow the platform to do this by providing cloud resources

well that's rude
why are you mad
you didn't buy RLC below ICO price or something?
I wasn't -that- excited about RLC but after reading what that guy just said my mind is fucking blown

simply, computing of information/data more complex than a fucking game of naughts and crosses or minesweeper (eth couldn't even run minesweeper lmao) .....WILL have to be taken off chain, processed then sent back on chain for verification.

iExec provides this and a market place for these computation resources

holy shit that's actually fucking insane
so iExec is basically a potential backbone to most cryptos that suffer from scaling issues?!?!?!
If that's the case, wouldn't the value of RLC be directly tied to how many ecosystems are intertwined with iExec?
If so, that could be absolutely ginormous. Maybe even bigger than BTC itself in terms of potential use-cases and value?
I wonder if it could use LINK to gather real life information

essentially, yes you are correct

well i'm actually freaking out right now
how is the marketcap so low???
do people not realize the possibilities or something????

we could literally be at ground level witnessing the next ETH/BTC being talked about...holy fuck. The scary part is i fully trust that team to accomplish everything due to their backgrounds

Im about to hold this shit for 5 years and come back to see if we were right

It's a no nonsense project ACTUALLY fulfilling a seriously valid (and I mean seriously valid as blockchain will require iExec, most people just haven't realised it yet) with an insane team who have been researching and studying cloud computing for nearly 20 years since it first came out..

RLC is a
coin that has a supply of less than $100million , that is currently lower than the ICO price....

Intel, IBM, Huawei and Alibaba have shown serious interest in this project

Personally I think you're absolutely insane not to at least buy some RLC right now

does anyone know when the announcement is today?

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it's definitely no nonsense from what ive seen. They're always on time or ahead of schedule it seems.
My only gripe is their marketing but at the same time that might be a blessing for us because we got in at fucking ICO prices.

I imagine that eventually almost every cloud computing business will have integrated iExec in some shape or form, and as well as a lot of different cryptocurrencies, and dApps using the marketplace.

There will be possibly tens of thousands of dApps running on iExec, combined with cloud operations and other miscellaneous computations. Surely the price of 1RLC will be absolutely massive by that time due to the network effect.

How long it takes to get there is another question though, do you think it's within 5 years? I think once big cloud companies start being able to cut costs they're going to make the switch to decentralized technologies while maintaining their current customer base. Then it'll snowball effect and other companies will come running. Demand will outpace supply. RLC price will rise extremely fast due to limited supply.

I just shit my pants and now i'm thinking about taking out a 10,000$ loan to buy more

They're actually partnered

You are all waiting for a big announcement.

It will be NOTHING.

It's only repository for V3 on Github that go from private to public.

Oh sick, it just makes it even crazier that RLC can actually help REQ and other coins scale. Like WTF?!??!

We're not waiting for the announcement. We know what it is, it's a github sneak peak for v3.

V3 is what we're waiting for. This was just the initial pump. It will most likely dump a bit but it will continually pump until V3 i'd bet.

Massive shilling out of nowhere and now the price is pumping. Do what you want with this info

They still need to work some things out with the worker pools that provide the processing power, so it's not completed yet. Also they have little to no marketing, which is important so we'll see how that plays out when it's done.

Doesn't make sense why it would be worth more than ETH considering ETH is what allows dApps to be created and run in the first place. But I can see this being top 10 worthy if it plays out properly as an extra addition compute-heavy dApps are likely gonna need to use.

true
>Doesn't make sense why it would be worth more than ETH considering ETH is what allows dApps to be created and run in the first place
Can you elaborate a little?
Couldn't it be worth more since it affects a greater number of markets? From cloud computing, to AI, robotics, dApps, rendering, mining, general computing whatever, etc. While ETH is just a blockchain that creates other coins?

And since RLC is blockchain agnostic that means it could surpass it even more?

Buy buy buy buy buy

Yeah it's possible, but I dunno how likely that is. Its prime focus is dApps, outside of that it's like amazon lambda but we have no way of knowing how competive it would be against the monopoly amazon has. It would have to be really competitive to overcome the brand significantly. So for now I just focus on the dApp side, & being blockchain agnostic doesn't matter much because ETH is the only real dApp platform really and has the huge brand power too.

But yeah you're right over a long enough time frame I guess there is potential depending on how well it can do outside of dApps. way too unknown right now though.

Hmm, makes sense. The prime focus is dApps? I thought it was the iexec marketplace in general, which is like the backbone to everything right?

I think it could be super competitive in the future because it would make for no upfront costs and maintainence costs and shit so who knows?

true, the only thing is ETH can't scale it seems for now, so maybe RLC will be the thing that fixes that.

Yeah, definitely. There's definitely a lot of unseen potential here. Really excited to see what v3 and most importantly v4 bring.

V3 focus is work pools and dapps. V4 is mining, graphics rendering, simulations and other compute intensive tasks. V5 is the literally Matrix the movie.

I'm actually scared. After having this conversation I'm more than convinced RLC is the next 5000x or something crazy like that.
Surely if we all hold until v5 we're going to be rich as fuck?

Meaning their initial priority is providing off chain computing power to dApps.

It could be yeah that would be sick, AWS has uptime problems at times too which can be costly to businsess so there's a big advantage iExec could gain here if it works out. Along with private processing big companies can't spy on, possible competitive pricing. Defo keeping my eye on it to see what they can do.

In the last conference vitalik said they're close to a 500x - 1000x scaling solution so that might come about this year. Would enable better dApps to come about with more TPS which could also rely on RLC potentially.

Bro it's actually scary, when we make it'll look so obvious what is happening right now

>Meaning their initial priority is providing off chain computing power to dApps.
Ahhh ok so yea then their priorities will change as they evolve the tech

Yeah, that's why i think iexec will be able to compete, because of the whole decentralization benefits and shit. Plus it being an open market, so competitive pricing will push a lot of companies into using it

I would be surprised if ETH could do 500-1000x better scaling, would be interesting for the space at least. I think RLC would follow in value and it would possibly make RLC an even more useful technology since its erc20

I'm really excited bros, thanks for the chat

Right dude, like it feels weird because I don't wanna count my chickens before they hatch but at the same time I've never been so sure about something. I did a lot of research on what "it felt like talking about ETH and BTC before they took off" and RLC has that same vibe it seems.

It's like a combination of bringing something new and improving on something old but working alongside of it at the same time as well as having huge amounts of real world use cases.

Exactly, I feel the same way, just hold until V4/V5.

Heh, 10 steps ahead of ya. I don't even care if it drops back to 0.20 after this pump, I'm too scared to sell my stack because it could fly at any moment

What's V5 evolving into? Could be being a brainlet right now but it seems vague in the whitepaper

It won't be in a few hours.

I think it's vague because no one can comprehend what sort of technological advantages it would bring. They kinda talk about it in the whitepaper if you wanna take a look. It's really interesting stuff.

iex.ec/whitepaper/iExec-WPv3.0-English.pdf

>This will open the Market Network to new applications specifically deployed on iExec to take advantage of the distributed Cloud: IoT, Fog/ Edge computing, Smart City. For instance, a recent study
shows that telecom companies (AT&T, Verizon, Huawei, Orange ...) can halve their infrastructure costs
by distributing small data-centers

WOAH
this is actually the shit
2021 is going to be NUTS

i fucked that formatting up

> can halve their infrastructure costs by distributing small data-centers along their network point-of-presence. iExec will be the building block for such approaches.

HOW IS IT UNDER 100M MC LOOOOOOOOL

It's kind of funny, everyone is focusing on how iExec will power dApps, while it's non-essential. The real kicker here is that iExec will most likely achieve world-first in efficient, open Fog-computing. If they pull it off, iExec will overtake BTC. One third of all data transmission in the world will be handled by Fog, just food for thought.
Datacenters operate on Clois fabric, Fog doesn't. Boom. Instant new paradigm in efficiency.

Yeah, it's going to be some crazy shit once that all starts rolling out. It's going to be disrupting so many markets at once getting in now is like investing in BTC at 5$ or something probably

Also, I hate talking about current price because it's irrelevant as fuck, but looks like every time it tries to dump, it just supports. New floor is ICO price it seems, nice :) Would be cool to see iExec get speculated on more because it's basically never talked about and it's one of the top 3 coolest projects in crypto

Guys, you are overdoing it. Or is this supposed to be FUD, disguised as coordinated pnd discord shilling?

It is essential for dApps. Gas costs are too high and on-chain is too slow to perform complex computations, unless there's an alternative option?

Interested in what you're saying though. So fog computing is processing at the level of IoT devices. It's done locally so why the need for a service like iExec?

What do you mean?
We're literally just talking about what iexec can do, and will do in the future in regards to technology and shit...or do you think all of this is impossible?
You need to do some research user, i did mine and i bought based on what I read. Now these anons opened my mind to even more mindblowing stuff. You would understand if you understood what iexec is!

>Gas costs are too high and on-chain is too slow to perform complex computations
this is a big reason i think rlc is worth a lot soon

> cant tell if fud or shill

Is talking about the tech shilling? I guess if you look at it that way but we're just talking about iexec's potential here

Some of it is calculated locally yes, some of it is pushed to ISP. In this instance RLC acts like a link between the two networks. It also enables high-available, SECURE (Intel SGX & blockchain actual use-case) IoT hosting.
Remember, IoT is a huge concern to the security of networks since it's immensely massive attack vector.

just bought 1 BTC worth of RLC. Shills ITT can be proud

Same, I would like to sell 500rlc to buy more, but actually I don't know if it's gonna dump a little to make me re-buy or if it's gonna stay there

Everything you’re stating is completely wrapped up in branding, not fundamentals. Nobody gives a fuck about arbitrary numbers of twitter followers.

Kek. Sounds like your golem bags are heavy, fren. To bad there’s nobody for you to load off on.

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What are we waiting for? 20k here

Brb buying RLC for 2 btc

When pump??? god dammit bought 50k

Can someone explain fog computing for a brainlet?

Use CPU/GPU to computer for someone else, receieve RLC. Use rlc to pay for computing power.

And what are the main technical advantages?

Wrong.
Fog computing saves recources by making computations near the data target.
I.e face recognition public camera has to send data to central serves, but could make computstions with rlc somewhere near, saving network fees and inceasing efficiency

There is the answer I was looking for. And is it more secure?

Cutting edge technology like sgx enclaves, graphene etc. Makes it secure, but not all computations require security

And the tokenomics?

You have to stake rlc to provide computations, if you try to temper with computations (i .e terminate eary, sample data and provide partial computations etc..) you lose the stake. Also in the future there will be weekly, monthly, yearly subscriotion plans that will most likely lock rlc for the period of subscription

I see so a staking mechanism similar to chainlink in that it is like collateral from nodes.

Yeah, the stakes will depend on the power you provide. Huge farms will pobably have to make higher stakes than lads with home grade laptops.

Also team has hired analyst team that advises them on tokenomics

Lads, we may see another pump here in about 10 minutes.

whoever keeps moving the buywall up on the BTC pair, god bless you

If the current 15min candle closes above 673 sats, we bullish

did we hit $1?

Almost

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It’s over. Back to 5k sats

That's ok. Like any competent person I lift heavy bags with my legs.

Fucking indian curry faggot lol

Bullish as fuck, didn't dump, nice.
Glad to see it getting recognized