I'm going to give you everything I know about iExec. Do with it what you will.
>iEx.ec stands for “I Execute”. Headquartered in Lyon, France, the project was created in October 2016. >It is a spin-off company from INRIA, the French National Institute for Research in Computer Science. >The iEx.ec market network will be designed for various participants of the distributed computing ecosystem. It will enable them to do business with each other to better monetize their products and services. >Each new version of the network will be updated to host new types of participants. >The market network is to provide its users with a wide range of customers and, consequently, new markets. >iEx.ec also plans to partner with telecom companies, attracting the latter, among other, with the possibility to halve their infrastructure costs, distributing small data centers along their network point-of-presence >Full traceability and trust >Allows to sell trusted computing power to anyone in the world. >Does computing offchain so it's extremely efficient (not like ETH that gets fucked by a simple cat collecting game). >Uses PoCo algorithm as consensus, validates the work of other workers so they don't cheat. It's basically like mining but doing useful computations instead of throwing away energy. >Team composed of brainiacs. CEO has been in cloud computing research for 15 years at least. Other members are pioneers in their fields. Just look them up on their site. >Partnered with IBM, Intel, TFCloud (multibillion chinese cloud computing conpany), Ubisoft and other multibillion companies. >Close relations with Huawei, Orange, Alibaba >Possibly at the ATL ever. Can't go much lower even if BTC falls, the valuation is ridiculously low. >Already able to buy jobs from robots as a proof of concept(iExec SLAM robots)
>At ICO price ($0.25) >If iExec manages to take at least 1% of the cloud computing marketcap it will 312.5x from $0.20. >Multiple awesome dapps already working(dapps.iex.ec/). Preparing themselves for a future where AI will rule the world. >Creating a dApp directly with Intel. >IBM already running a worker >Enterprise edition(v3) coming soon, allowing enterprises to begin using iExec. >80M circulating coins, nicely spread out. Team has 15M tokens for various promotions and events. >Most coins exist on exchanges and personal wallets. >Possible that iExec will be used in the backend of major cloud competitors.(Amazon/Google using iExec while still charging front end customers regular prices) >Will allow sell mining power on V4 without the need to create mining farms on your own.(Mining dApps being built already, Monero specifically) >In short, iExec allows to sell computing power as a commodity, creating a power war between cloud providers. Some liken it to digital oil.
Additional: >up ~40% already this week, will most likely do another big push upwards due to being undervalued. >iExec is also able to run on other ecosystems like Cardano, ark, Eos, whatever etc, because it's blockchain agnostic >can help scale other coins >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. >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 >Bitcoin smart contracts are possible thanks to RSK-RLC smart contracts
>The goal of this edition is to allow new usage of iExec beyond the Distributed Cloud. This will be a clear step further in Blockchain computing, as DApps will be fully autonomous applications, able to provision resources, data, and applications directly from the blockchain in a fully decentralized way.
>To this end, it’s necessary to integrate several software and protocols that are emerging now, or that may be developed during the course of the project, like devp2p, swarm, uport etc. Combined with a full development of the Proof-of-Contribution, this will open new areas in the field of serverless services, directly hosted on the blockchain. It will also be necessary to design new consensus protocols able to handle the iExec workload. We plan to lead those researches in partnership with recognised research labs in Europe and in China.
>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 along their network point-of-presence. iExec will be the building block for such approaches.
>As the platform increases in complexity, iExec will provide advanced method for deploying iExec ready DApps, making it the “Heroku/ Docker for blockchain computing”. Thus, new revenue stream will be gained by offering a hassle free deployment and development platform on top of the Market Network.
I’d already been looking into the potential of decentralized cloud computing a year ago and all that really came up was that shit project sciacoin. Then came across RLC a few months ago in various chainlink threads and now you shills got me to buy your bags about a week ago.
Enjoying the pomp. We’ll see where this goes.
Levi Bennett
I'm just saying what I see. Great fundamentals, very undervalued in mcap
Justin Thomas
>single use case rendercoin absolutely not
Lincoln Cook
lmao is this really the GNT fud that RLC fanbois use? As if further compute services aren't on the GNT roadmap. The tribalism is so fucking tedious.
Asher Lopez
>This is an easy ride into the top 50 on fundamentals alone no i mean this exact quote. youve used it in every iexec thread. most likely youve been instructed to say it. not to say im not invested, becuase if its being mass shilled its most likely the marketing team of the coin itself, seeing as most p&d groups have either made or lost their money. either way, im invested, so carry on.
Jaxon Cooper
>golem >absolute shit tokenomics >a year behind iExec >shit tier consensus >single use case rendercoin >thinks it can compete with the iExec marketplace and PoCo algorithm >iT's oN tHe rOaDmAp not gonna make it golemfag
Henry Gutierrez
I don't own either one of these shit tokens. How is golem behind iexec though? Doesn't golem have an live network right now? Again, the tribalism is a fucking cancer. Why can't something exist without something else failing?
Never gonna make it.
Cameron Scott
>golem is just a rendercoin >iExec beat golem to rendering in blender and iExec isn't even mainly a rendercoin, telling you that golem devs are shit because they can't even beat a non-rendercoin to rendering >golem team doesn't even know anything about tokenomics as suggested by their reddit posts, as iExec's tokenomics report comes this year >golem has zero dapps, iexec has a shit ton. iExec can decentralized centralized apps. Golem cannot. >golem will never be able to catch up with iExec in terms of dApps >golem will never be able to catch up with iExec in terms of fog computing >golem will most likely be exploited
Dominic Hughes
ive got 20k of these bitches. Not even gonna think about selling until v4
Parker Bennett
would be nice if you could divert all of BTC's hashpower through this thing so its not just a big waste of electricity and pollution
Jaxon Green
>trusting the French >expecting not to get your asshole REQt Kek
Lincoln Clark
Ok, listen to me now anons. This is the final redpile on Iexec. There is an AI that lives in blockchain and needs Iexec to be released. Gilles Fedak seriously created Satoshi a robot that created the bitcoin algorithm. His plan was to create a hyper bubble to take money from investors in 2017 and then run away and declare bankruptcy
Ryder Howard
Oh shit, my bad, I didn't know I could render on the iexec network right now.
Parker Taylor
ugh, another cloud computing blockchain of some sorts.
Hard to invest in a tech that is constantly evolving and getting cheaper each year.
This bores the shit out of me. iExec sounds like 10 other projects out there.
Wyatt Cooper
>iExec sounds like 10 other projects out there. Name them and say what they do that is similar to iexec.
Samuel Nguyen
There probably are literally 10 competitors out there. Golem, sminem coin, sanjay vision...
Alexander Ross
>golem Absolutely not.
Colton Thomas
agreed and i'm basically 100% in RLC right now. i hope golem, sonm or whoever is competition honestly