Blockchain literally needs iExec

Blockchain literally needs iExec

Ethereum is revolutionizing the Internet by providing programmable trust, in the form of smart contracts. These smart contracts act as trustless middle men, ensuring all parties stay honest, without the added cost and delay of lawyers and contracts. Ethereum’s virtual machine is responsible for the execution of smart contracts, with the VM being the environment that the smart contract runs in.

Ethereum is theoretically capable of performing any computational feat given infinite time, however the VM struggles when performing rigorous computations efficiently and at reasonable cost.

The solution to this is offchain computing. dApps need to be able to do their heavy computing offchain (meaning not on the Ethereum blockchain) and then bring the information and results back onto the Ethereum blockchain for verification. iExec enables just this. dApps can use iExec’s decentralized cloud computing services to safely, simply, and cheaply, execute their computation far from the inefficient and incapable Ethereum VM.

iExec provides the computational power for the AI off-chain, and then transfers the move results back to the Ethereum blockchain for validation.

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The use cases are endless. 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,” says Bendella.
Request is another partner. 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.

The blockchain economy will need a service like iExec. In 2019, as dApps begin releasing their platforms, it will become increasingly clear that Ethereum will be ineffective for all that computation. With AI, smart cities, VR, and IoT all utilizing advanced smart contracts, there will need to be an offchain computing solution. iExec is that solution.

Based based and also fucking based, people are slowly waking up to this fact

10$ USD EOY my erect penis says so

This will be in the top 20 this year. People are fucking blind.

ANONS FRENCHINK SCAM ALERT, DUMPING IS VERY NEAR

My dick is red hot thinking of it

Newfags: this is what coordinated shilling looks like. Don't fall for it. This coin is designed to suck in new to shitcoins people.

I really don't get where you need this, isn't this like one feature of chainlink?