Hello Friends,
Elastic Project (XEL) the best upcoming project in the cryptocurrency world.
Elastic is the First Decentralized Supercomputer .
What can Elastic do?
The main use case of elastic is it's own programming language Elastic-PL,
it is similar to C-Language with limited functionality so it can be guaranteed
that Elastic code can be executed on other machines without causing any harm.
You can write a program in Elastic PL and be sure that if executed correctly,
no exploits, no endless loops, no data leakage.
Elastic not perform better for single task usecase over other systems,
In other supercomputer usecases if you perform 6 different tasks you
need 6 separate usecases. but with ELASTIC you can do them all at once.
Other Design Features ::
The current system is absolutely trustless. That means that there is no
central authority verifying anything (such as all BOINC based coins,
which rely on an external service controlled by a single entity and which
could become rogue and cripple the entire coin), so we at Elastic have to
make sure every node in the network verifies work by itself. To further
act as a safeguard, Super Nodes check work processed by the nodes and
a final level of security is in the Guard Nodes that check that the
SuperNodes are doing their job.
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
SEE XEL :
WEBSITE : - https://www.elastic.pw/
WHITEPAPER :- https://github.com/elastic-coin/whitepaper
TWITTER :- https://twitter.com/elastic_coin
REGARDS,
AFFAN AHMED KHAN
Here is a faucet for free ELASTIC paying every 60 minutes https://goo.gl/C2iy2A
I believe XEL is a well structured project with a bright future. Currently, you can only buy it at HEAT decentralized exchange.
On Bittrex now and dumping hard. Buy that blood. Still way above ICO price I believe.
:)
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Nice post. Thanks for bringing this to our attention. The future is in blockchain. The issues is that people don't seem to care about the Trustworthiness of the current cryptos. This also happened in the internet boom. Does anyone know about: https://www.coincheckup.com. The site is my go to place for crypto investment analaysis and indepth coin research. On: https://www.coincheckup.com/coins/Elastic#analysis To see the: Elastic Investment analysis.