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RE: Decentralised Computing Project Elastic (XEL) to Release Litewallet on June 17, 2017

in #elastic7 years ago

I've been using their lite wallet and I really wish more currencies would develop their own wallets; that are simple to use like this one is. I love the ease of it; and decided to look around on here to see who else is talking about it. Transferring money to the wallet was a breeze (bought some XEL on an exchange); what I want to know is how does this compare with #siacoin - i noticed they also allow us to upload files to their 'cloud' --- are they aiming to compete?

thanks in advance for sharing your insights

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what I want to know is how does this compare with #siacoin - i noticed they also allow us to upload files to their 'cloud'

I don't think that has any function yet. I think that may relate to the computing functions of elastic in the future when the actually computing part of it finishes testing. It isn't really anything like Sia (if I remember correct they are creating cloud storage) as Elastic is creating a decentralised computing platform for research and the like.

that is very interesting; do you think XEL is a good buy for the long term hold? (I may grab some more soon)