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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
HunterMinerCrafter
on 08/06/2017, 20:16:47 UTC
I'm summarizing a lot, but that is the basic idea.

Even shorter version:  Instead of giving a machine and getting an input/output pair, you give a model of a machine's behavior, and get back an input/output pair's relationship to that machine.  Instead of having a chance to find a PoW certificate at the end of each work attempt (effort of which varies run to run) there is chance to find a PoW certificate for each individual value propagation in the program, which would be uniform both run-to-run and job-to-job.  A job requiring on average twice as many assignments per attempt would generate twice as many work proofs on average for the same number of attempts run.