RLC

Who are you ? How can you know that ?

servers have idle processing power due to 24/7 uptime? and what about countries that have cheaper electricity ?

Someone posted it in slack this morning, but it got deleted. You can double check by typing this stuff to iexec chain explorer

based
redpilled

>servers have idle processing power
my point is its not idle once its in use

that's whole point... we are taking idle processing power and monetising

Attached: retard.jpg (750x673, 32K)

>making money off idle processing power
is an oxymoron

its not monetizing "idle" power
its giving access to a remote CPU to execute instructions
you are renting your CPU, not monetizing anything "idle"

I did. Got asked for it to get removed. News soon, can't say anything else. The image got posted yesterday by other user on Jow Forums I just reuploaded it to slack

do i need to spell it out? you are monetising something that would otherwise be idle

You monetize idle hardware, not power.

I assume news will be released with V3. Also i checked the requestor and it seems to be active, with transaction every other hour

Ahhhh so its not idle after all

And you think you will earn back power costs plus wear and tear, depreciation costs? From that shitcoin

But he's right, something that was idle and is now being used to execute instructions by definition is no longer idle, and is consuming more electricity and power. This costs money for the person whose machine the formally idle CPU is now no longer idle and is being "monetized" (used). It's not semantics.

Correct. but here you are, using your machine to shitpost when you could be earning $$$

Depreciation cost is already accounted for in all organisations. And since iexec model can work around the sun you can easily purchase cheap power from all around the world.
I.e amazon sells instances cheaply during low demamd periods, combine it with azure, alibaba, amazon, etc and you can buy cheap instances around the clock

So i would rent a cloud instance to offer blockchain cloud compute?
Sounds like AWS, with extra steps

except AWS decides what your paying and when you are paying it. iExec workers decide how much you want to sell for and you pay when its complete.

>extra steps
XD
bluepilled

A buyer will have an easy acess to computing recources and cloud providers will have an easy way to sell it. Problem with buying cheap instances from aws is that you can't get them all the time, but you could get cheap instances from at least one cloud provider in the world if enough of them sell the power. Maybe there will be some possibilities for arbitrage, maybe not. It is best to imagine iexec marketplace as a stock market. Sure you can buy stocks directly from some fucker living in new zealand, but imagine the pain of it

Haha, wait wait ...so when aws offers a service they set the price
But in your case, when you offer a service you set the price

Sounds pretty similar chief

I buy compute for my workplace all the time. Its neither hard nor expensive with azure, aws, gcp

Price is always determined by supply/demand.
I am not sure how you're not getting the difference. Iexec is a marketplace that lets you easily buy and sell computing recources, data sets, dapps, etc

I've given up with you

>Nor expensive
Can't agree on this one. Company I work in pays millions every month

Ofc "expensive" is subjective, but imo iexec will enable people to save money, especially when it enables fog computing

You get what you pay for, that's the whole point. If they were doing on prem, youd probably double that, and have no ability to scale instantly.

Its ok, give it a year and you will give up on rlc too

the volume is so low on this.
This project is so under the radar its unbelievable.
This will have big news a lot and if the volume goes 10x it will moon past 10k sats easily.

one of my most comfy investments.

Attached: superbullbot.png (499x540, 47K)

That does not mean that you can't reduce the cost by buying power from multiple suppliers from around the world

Is it mineable

I was a former cloud engineer.
AWS is basically one huge API.
They sell services and build out services.
They do NOT have the most performant net.
RLC will be a little harder to use but those that take the time to use it will reduce costs greatly.
That's the power of this thing.

AWS is this mega monolithic thing where you pay a lot of money for service but its easy.

RLC is this fast efficient thing where you don't pay a lot of money but its a little harder.

The thing is, the people that build similar things with RLC will be paying less than when they are working with amazon.

So this will effectively outcompete the AWS product eventually.

nope

Dont get me wrong. You will get some novel use, but you wont take even a tiny little ant nibble out of the azure, aws, gcp pie

Golem is a good example of a similar idea with a practical yet novel use, for blender rendering power.
But again, just a blip

How is using spare cycles on remote dsiparate cpu's going to be faster and more efficient.
How much does the risk of delivery of my compute go up as i trust many disparate vendors to execute instructions separately
What happens if that spare cycle becomes not spare mid instruction
Who gets priority the cpu owner or the person leasing?
If its the latter, are you renting "idle" cycles or renting your cpu full stop
Something has to give.

You say aws is mega monolithic, and you pay for what you get, but you also dont mention it is fast, and efficient.
You. Get. What. You. Pay. For

It will NEVER compete at any noticeable scale with any of the top 3 cloud providers

You are not getting that people with laptops and single serves are not going to provide shit. It's the srver farms that will compete on iexec marketplace thus provising your " you get what you pay for" package for a smaller price, as you can jump from provider to provider to run your task.

>How is using spare cycles on remote dsiparate cpu's going to be faster and more efficient.
this will be used to serve the smaller customers, obviously for big customers there will arise new cloud centers that completely run on RLC, much more efficient than current aws that is building on age old infrastructure.

How much does the risk of delivery of my compute go up as i trust many disparate vendors to execute instructions separately

it depents where you want it executed. You can give tasks for certain regions just like aws when its funny functional. the task gets executed per region, say you wanna execute in germany cause your progam needs low latency in germany. some datacenters in germany compute your tasks voila.

> What happens if that spare cycle becomes not spare mid instruction
you can ask AWS the same question. they have the same systems just in centralized fashion. "serverless" computing.

> Who gets priority the cpu owner or the person leasing?

end user who pays the most. so customer using RLC as computing network.

> (aws) but you also dont mention it is fast, and efficient.

its not. also once you reach really big stages like enterprise tier stuff AWS is way way too expensive, even better to build your own complete datacenter, like some already did ( dropbox )

> It will NEVER compete at any noticeable scale with any of the top 3 cloud providers

I disagree.

Attached: pepepope.png (1016x720, 489K)

If we was in direct competition with cloud providers we wouldn't have IBMCloud, TFCloud, Alibaba Cloud, providing workers? We are creating a platform. You are the typical bluepilled fag stuck in his ways. Always dismissing emerging technologies. Why buy a vaccum cleaner when u can brush away dust without using extra power HURR

You guys are late to the party, we had these conversations about GNT about 2 years back.
Iexec is just another idealistic shitcoin with a half assed use case that will never take off

Do not compare with GNT please

>You guys are late to the party, we had these conversations about GNT about 2 years back.
bruh Golem and Iexec are completely different things

Remember when they had to present where OMG team also was ?

I remember.

also the GNT roadmap is 8 years long.
for fucking blender rendering?

what partners does Jewlem have?

Iexec is where its at.

>MFW RLC apparently 2 years behind
>MFW GNT 1/5 of the price of RLC

You sound like the """cloud gurus""" who say dont compare aws to azure
Its the same shit product with a different label

Crypto doesnt have to be used for everything. Some things just wont get traction

Stop humilliating yourself, it's cringy

I forgot gnt has IBM, TFcloud, Ubisoft (soon alibaba) as partners. I forgot Gnt has as well regular meeting with banks, telecom provider, phine constructor. I forgot gnt is backed by a government (France) and has been discussing with big city council (in china). I forgot gnt is deeply involved with setting up standard for blockchain, team members winning ethereum hackaton, founder being a reference in cloud cumputing working with research center, univiersities àd even the CERN. Right gnt and Iexec are exactly the same.

Lmao the team is polish you stupid fuck
There are more jews in ethiopia than poland
Wow kill yourself

>polish
>golem

>Muh breadcrumbs
You guys are just linktards 2.0

> reee reee swear words.

lmao.

You sound like the guys nobody listen to Cause nobody can find any sort of intelligence in all your messages

kek "humiliate" on an anonymous board. My poor ego

Ok dude you are right... the top 50 companies have always been the same since 1900. No need to change anything, internet as designed in 2000 is surely the perfection. Go back to sleep boomer.

Kek, cant win the logic argument so you fall back to name calling.

Whos a big boy

Logic argument? it will never work because..? Waiting your argument dude? I gave mine already in the first message

Where you thought idle meant not idle?

Nice straw man

Nope sorry dude... not me. Listed all the partnerships, discussion and co for what Iexec is in good position to disrupt the business. And I have been answered (in substance).
>muh breadcrumbs
Surely a logic argument
>linktards
Surely not a name

whale wants to buy rlc

Attached: rlcwhale.png (708x471, 77K)

Whale probably wants to pump

Yummy green wick

Breathe in ....

AAAHAHAHAHAHAHAHA
GET REKT SWINGERS

Attached: 81A76945-87C9-4704-9180-D87128B241C8.png (1125x2436, 650K)

>1.7k RLC

Not enough to make it, but life-changing money?

Holy shit. This team is in touch with everybody in the industry

Told you all