Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
ttookk
on 22/08/2017, 03:21:44 UTC
How is elastic different from other coins in the similar area like Golem, Sonm and IExec? Are they all trying to achieve the same results?

@others, feel free to correct me, but here is my tl;dr:

Elastic aims at using the hashing power of the network/of miners directly ot solve bruteforcable tasks
(i.e. trustless, but limits use cases)

Golem is basically supposed to be a payment layer on top of a decentralized computing architecture
(needs a reputation system, is not completely trustless)

SONM looks like a whitepaper with lofty goals to me but I didn't look that much into it
(Dunno, to me, it looks like these guys bit off more than they can chew. This is just my personal view, though)

IExec I don't now anything about.