Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
clivemy
on 22/08/2017, 20:23:45 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.

Here's the remaining comparisons:

iEX.ec
iEx is not a standalone supercomputer software in the same sense as Elastic, since it requires several other pieces of technology to function. It is more a resource for distributed applications. iEx.ec seems to be aiming at providing distributed applications (running on the blockchain) with scalable, secure access to various services, data-sets and computing resources. The technology relies on Ethereum smart contracts and allows building a virtual Cloud infrastructure that provides high-performance computing services on demand.

iiEx.ec relies on XtremWeb-HEP, a open-source Desktop Grid software which implements all the needed features : fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more.

SONM
SONM is a collection of technologies used to create their SOSNA technology and not a standalone supercomputer in the same sense as Elastic, since it requires:

Ethereum smart contracts - A consensus system ensuring transparency and security for the system’s participants
Fog computing - A decentralized and more efficient computing model compared to cloud
Yandex.Cocaine - An open source Platform-as-a-Service (PaaS) technology, and a decentralized computing platform
Docker Container - An isolated environment ensuring computing parallelism and appropriate apps running on any device
BtSync - A peer-to-peer system for fast and safe data transfer
Whisper - A peer-to-peer technology for node communication