is an open-source project that aims to build the first decentralized supercomputer. Elastic has been developed over the last year or so and provides the infrastructure for a decentralized and distributed super computer, designed to carry out arbitrary tasks over the internet. In this context, Elastic is powered by a crypto currency (XEL) and provides a market-based mechanism to buy and sell computational resources. Those who need computational resources, model their problem using Elastic’s programming language (Elastic PL) and broadcast it on the network, along with a certain amount of XEL coins. The Elastic miners are then motivated to offer their computational resources in exchange for a portion of those XEL coins. The size of their reward depends on the amount of work a miner has contributed in relation to the rest of the miners that have also participated in the task. Using XEL as the driving force, Elastic offers potential buyers a large parallel computation cluster composed of many CPUs and GPUs supplied by the miners.
logo : XEL
site web : https://www.elastic.pw
Facts
Elastic Coin is known as XEL
Total Coin Supply: 100.000.000 XEL
Distributed Coins: 100.000.000 XEL
Elastic features the “Elastic PL” programming language
Normal nodes broadcast unverified POW/bounties
Super nodes verify work and broadcast verified POW/bounties
Guard nodes cross verify certain percentages of signed POW/bounties by supernodes to detect malicious behaviour
Good points in this post. Good to see I'm not the only one who thinks like this. Where there's money to be made, people will start to invest. The issue is that the real investors already got their investments in before this happens. They are the ones that make the real money because they act based on years of real experience, proper infield educations, etc. I found this great website: https://www.coincheckup.com They researched and analyzed every tradable coin out there from a investment, team, product, transparency perspective. Really interesting.
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