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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 26/07/2018, 19:52:58 UTC
Quote from: ek
Now, is your chance to help improve https://xel.org ... any input? critics? comments? suggestions?



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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 23/07/2018, 17:23:00 UTC
Can someone please explain this Lagon thing to me?
I just read the white paper, but except learning about existing technologies like Hadoop, AI and Markov-Chains in general, I somehow must have missed any technological explanation whatsoever on how this thing is going to work. Maybe someone of you is smarter than me?

Also, I must admit that I am a bit jealous. When you take a look at plenty of other "distributed supercomputer" projects (don't want to name any), you see them getting funded with gazillions of dollars for nothing more than a unreliable virtual machine renting system which every 8 year old could cheat by randomly hitting a few keys on their learning computer. XEL, on the other hand, works pretty well, has a unique technology not used by anyone else (frankly, I guess so because it is too complex to be understood by today's average crypto "CTO", "CFO" or "co-founder") and earns nothing but a few peanuts - probably about the amount others spend on recruiting their twitter shills alone, which, by the way, seem to have become common courtesy for today's projects. The development since late 2017 is alarming and shows me that the entire crypto-sphere is doomed to fail. No longer does it count how good or bad a technology is, but instead how many twitter followers you pay, how many ICO review sites you tip off to forge an "expert interview" for ya, and, last but definitely not least, who eventually gets "elected" as the next "big thing" by mainstream crypto-news outlets. Technology? Screw that, nobody is going to use it anyway ... right?

Blockchain technology is still very young and the growth has to stabilize. I guess that after that happens a consolidation phase will come and some projects will gain market share and come to dominate their respective fields, like after the dot-com bubble.
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Board Mining (Altcoins)
Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v11.9 (Windows/Linux)
by
abaumgar
on 18/07/2018, 14:54:00 UTC
Ok, then do You know any good tool for linux to OC? Or ubuntu?
BR//
I'm using CentOS for my mining rig but I would expect that it is similar for Ubuntu. The rig consists of 4 GTX1060 6GB and 4 RX480 4GB.
*) The NVIDIA cards didn't make any problem and it was easy to OC them with nvidia-settings. (I get about 25 Mh).
*) In order to get the expected 30Mh for the AMD cards I had to patch the kernel module. This is definitively a bit more complicated than in Windows
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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 25/06/2018, 13:31:57 UTC
Hi guys,
a week ago or so, I red that the new website is in the making.
Now I thought that I may share my humble opinion (not requesting anything) on crypto-websites in general.
Most of them contain a lot of blah-blah and fancy pictures, saying basically nothing... eye candy without any value.
In order to stand out from all those fancy ICO presentations, I would personally love to see an extremely simple and clean website, sparing out all the useless eye-candy.

(Like years ago, Google was the search engine with the simplest design - no eye-candy, nothing that distracted the user...)

What's your (@all Elastic fans) opinion on that matter?

Content is important obviously, but visuals too.
These 2 websites have nice balance imo, don't they?
https://xel.org
https://xeline.org

(This one http://elastic.pw/ looks abandoned, and just forwards to xel.org hub.)

As far as I understand, xeline.org is more like a fan page. Not the official web site.
It's a very nice fan page but for the official web site, for my taste, it would be better not to use blue text on dark blue background and not to put a big generic picture that says nothing on the first page.

I didn't know about xel.org up until now, but there are to many bright colors for my taste (it hurts my eyes).
It's only my personal taste, but I like very simple designs without (or, at least, less aggressive) colors. I think that a more "scientific" style would also fit perfectly to the Elastic project.

I am aware that this is merely a matter of taste. Therefore more opinions would be great  Wink
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 13/06/2018, 21:44:30 UTC
Hi guys,
a week ago or so, I red that the new website is in the making.
Now I thought that I may share my humble opinion (not requesting anything) on crypto-websites in general.
Most of them contain a lot of blah-blah and fancy pictures, saying basically nothing... eye candy without any value.
In order to stand out from all those fancy ICO presentations, I would personally love to see an extremely simple and clean website, sparing out all the useless eye-candy.

(Like years ago, Google was the search engine with the simplest design - no eye-candy, nothing that distracted the user...)

What's your (@all Elastic fans) opinion on that matter?
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
abaumgar
on 02/06/2018, 13:28:14 UTC
Hi guys,
I didn't follow this coin so maybe the question sounds a bit stupid:
Why was it renamed to Nano? Was there a specific reason or some incident?
(Nano sounds very generic to me, like naming it Dollar.)
Have a nice weekend!
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 31/05/2018, 19:03:11 UTC
Whre did you read that Elastic will have masternodes?
I don't really think that you can label XEL as a security, it's an utility asset/coin/token whatever you wanna call it, used to buy computational power


On a sidenote, this new 51% attack meme I'm sure as hell that will lead to a new wave of shitcoins with the sentence "51% attack resistant" in it, mark my words Grin Grin

I think they mean main net not mssternode :p

 Huh Huh Main-net has been launched long time ago and the computation part is now also available on the main-net (but still considered Beta). Maybe this answers his question or did he mean something else.  Huh Huh
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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 29/03/2018, 15:43:16 UTC
There is an ongoing discussion about Golem and its work verification procedure.
Someone is running a bad Golem node that renders an Elastic advertisement  Tongue and gets positive work verification:
https://www.reddit.com/r/GolemProject/comments/881ip0/huge_security_issue_in_golem_0140_discovered/
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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 27/03/2018, 15:08:02 UTC
wow. Nice project, nice team and bad marketing( Does the company have a small budget?

No budget, just hard work and love for the tech.
its very ambitious but what kind of money does the team live on? Or they have own work?

We finance ourselves from our own private lives and sadly without any compensation from this project.

Well, that's actually not  precise - the devs were rewarded by community - remember this?
https://bitcointalk.org/index.php?topic=1957064.msg19671739#msg19671739

A) What the devs received as a single donation back then was not something they could rely on or anticipate as part of any normal/acceptable income/compensation from any involvement one spends a considerable time on. They had to finance themselves on their own without any reliance on this project. If you fail to understand this try working on something for a very long time without any compensation and with no promise for such compensation in the future, while still creating a very considerable value to many other people to profit from. That was the case here, and the good will of a single private individual who decided to send some coins on his own accord does not change that fact.
B) Additional people where/are involved in this project, giving their time and effort (and sometimes even their hard earned money) and they where not compensated regardless of the link you just posted.


Each and every individual holding xel has indirectly received a very substantial compensation just for the fact that their coin has gained value due to the hard work done in this project by other individuals.
The fact that you chose to post this link and to be argumentative to try to prove something  (which it does not) just shows me you do not really appreciate the work and effort done here by others.

I really don't know what are you trying to prove with your post. You said devs didn't get ANY compensation from this project, whereas I've just reminded you that they (4 of them to be precise) received quite substantial rewards from the community. Additionally, the rewards weren't donated by single person, but by many people, including me (small amount but still), so I do appreciate their work.



If someone holding btc sends btc to a dev (or devs) working on btc, does that mean this dev received funding from Bitcoin as a project? Nope, it just means that a private person decided to send a donation in the form of btc to that dev, nothing more.


a) Developers got some donations from generous Elastic fans.
b) No strings were/are attached to donations.
c) Now there exists a decentralized supercomputer. :-))))

Thanks to all the people who dedicated their time and also to those who supported them by donations!
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Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 24/03/2018, 11:50:24 UTC
PUMP

Hi guys, I just saw that more than half of all XEL (50,698,500 of 89,390,937) are on the BitTrex account (XEL-AQVJ-PPCK-QJYJ-8T65V)  Roll Eyes
It's bad practice and undermines the idea of decentralization... please think about it if you have your XEL on BitTrex and consider putting it on a private account.
Have a nice weekend!

PS: If the situation keeps like this, I really hope that XEL will be delisted from Bittrex to wash out the Bittrex-Hodlers
This coin will have a pump without doubts very big. And here about the exchange that removed a coin from the exchange to me frankly speaking your thought is not absolutely clear. Perhaps I what also understand that I exclude it.

i don't understand. How is it possible that more than half of all XEL are owned only by one people? I don't think this is really safe for xel itself..

Half of XEL are not "owned by one people" half of XEL are stored at Bittrex. That's a phenomenon you see with lots and lots of other currencies and nothing unusual. Most buyers don't withdraw their funds onto their wallet, so the exchanges store the majority of coins.

The problem is that more than half of the XEL are in one wallet, which is Bittrex. If this wallet gets hacked then Elastic is dead, for sure.

EDIT: Nobody knows how many people at Bittrex have access to the password of their XEL account. Exchanges have been hacked before.


Why every step of elastic, a Lot of... how to say... “trolls”... try to bullshit elastic?

Each xel represent = computational power

At the moment is equal to 0... tomorrow will be...

If somebody will hack bittrex all the token will reck, not only xel

No, see for instance the Coincheck NEM hack.
This is a serious issue. Your ignorance will not change that fact.

Again: Please consider putting your XEL on a private account!
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 24/03/2018, 11:28:01 UTC
PUMP

Hi guys, I just saw that more than half of all XEL (50,698,500 of 89,390,937) are on the BitTrex account (XEL-AQVJ-PPCK-QJYJ-8T65V)  Roll Eyes
It's bad practice and undermines the idea of decentralization... please think about it if you have your XEL on BitTrex and consider putting it on a private account.
Have a nice weekend!

PS: If the situation keeps like this, I really hope that XEL will be delisted from Bittrex to wash out the Bittrex-Hodlers
This coin will have a pump without doubts very big. And here about the exchange that removed a coin from the exchange to me frankly speaking your thought is not absolutely clear. Perhaps I what also understand that I exclude it.

i don't understand. How is it possible that more than half of all XEL are owned only by one people? I don't think this is really safe for xel itself..

Half of XEL are not "owned by one people" half of XEL are stored at Bittrex. That's a phenomenon you see with lots and lots of other currencies and nothing unusual. Most buyers don't withdraw their funds onto their wallet, so the exchanges store the majority of coins.

The problem is that more than half of the XEL are in one wallet, which is Bittrex. If this wallet gets hacked then Elastic is dead, for sure.
It IS unusual that more than half of all coins are in a single hot wallet. If you hold XEL and do not worry about that situation, then you are naiv.

EDIT: Nobody knows how many people at Bittrex have access to the password of their XEL account. Exchanges have been hacked before.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 23/03/2018, 12:43:28 UTC
a) I just pumped my former message about the PROBLEM OF CENTRALIZATION of XEL. Maybe you misinterpreted this.
b) XEL is completely centralized by the fact that more than half of it is on Bittrex.
c) Following from b) XEL must be considered insecure and dangerous.

PUMP

Hi guys, I just saw that more than half of all XEL (50,698,500 of 89,390,937) are on the BitTrex account (XEL-AQVJ-PPCK-QJYJ-8T65V)  Roll Eyes
It's bad practice and undermines the idea of decentralization... please think about it if you have your XEL on BitTrex and consider putting it on a private account.
Have a nice weekend!

PS: If the situation keeps like this, I really hope that XEL will be delisted from Bittrex to wash out the Bittrex-Hodlers
This coin will have a pump without doubts very big. And here about the exchange that removed a coin from the exchange to me frankly speaking your thought is not absolutely clear. Perhaps I what also understand that I exclude it.

EDIT: @all: Please consider putting your XEL on a private account - it's the least you can do to support the Elastic project.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 23/03/2018, 12:21:13 UTC
PUMP

Hi guys, I just saw that more than half of all XEL (50,698,500 of 89,390,937) are on the BitTrex account (XEL-AQVJ-PPCK-QJYJ-8T65V)  Roll Eyes
It's bad practice and undermines the idea of decentralization... please think about it if you have your XEL on BitTrex and consider putting it on a private account.
Have a nice weekend!

PS: If the situation keeps like this, I really hope that XEL will be delisted from Bittrex to wash out the Bittrex-Hodlers
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 12/03/2018, 21:23:04 UTC
Hi there,is this proove of work coin?

If I remember correctly, the consensus protocol is based on NXT, but the miner (i.e., the computation host) has to prove that she works on the problem which has been submitted by a client. It involves both, POS and POW. I wouldn't call it a coin, though.
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Topic
Board Announcements (Altcoins)
Re: [RADS] Radium - Bringing Advanced Utility to the Blockchain
by
abaumgar
on 05/03/2018, 14:26:17 UTC
There is also a monthly competition called "Community Coin of the Month". The winner gets rewarded with a free listing on Binance.
See, e.g., Twitter: https://twitter.com/binance_2017/status/970538489220509696
The announcement for last month: https://support.binance.com/hc/en-us/articles/360000598531
I guess that the announcement for this month will be publicized soon.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 21/02/2018, 14:09:20 UTC
i think that we can talk about investors only for coins or tokens with an ico. An ico in which some devs or people ask for money, an ico where there is a program, a whitepaper with deadlines.

Or maybe not even in that case? What do you think about?
I think that we should ignore people who are just using their accounts for signature campaigns, i.e., people who are just writing random stuff to get the bounty...

well mate, i don't know if you're talking about me too (i do a signature campaign too).

I think that don't always who wear a sign write random stuff, don't you?
I'm talking about the people who are pissed off now and are trying to defend themselves. They will know it.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 21/02/2018, 13:58:49 UTC
i think that we can talk about investors only for coins or tokens with an ico. An ico in which some devs or people ask for money, an ico where there is a program, a whitepaper with deadlines.

Or maybe not even in that case? What do you think about?
I think that we should ignore people who are just using their accounts for signature campaigns, i.e., people who are just writing random stuff to get the bounty...
"Often when we guess at others' motives, we reveal only our own"
-Mara Sov
Look at my signature and at yours and stop whining when your intention got revealed
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 21/02/2018, 12:58:08 UTC
i think that we can talk about investors only for coins or tokens with an ico. An ico in which some devs or people ask for money, an ico where there is a program, a whitepaper with deadlines.

Or maybe not even in that case? What do you think about?
I think that we should ignore people who are just using their accounts for signature campaigns, i.e., people who are just writing random stuff to get the bounty...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
abaumgar
on 17/02/2018, 16:13:03 UTC
Hi guys, I just saw that more than half of all XEL (50,698,500 of 89,390,937) are on the BitTrex account (XEL-AQVJ-PPCK-QJYJ-8T65V)  Roll Eyes
It's bad practice and undermines the idea of decentralization... please think about it if you have your XEL on BitTrex and consider putting it on a private account.
Have a nice weekend!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XLM] Stellar - Decentralized trading platform
by
abaumgar
on 16/02/2018, 13:30:54 UTC
I'm new to Stellar and just wondering about the coin distribution. In the announcement is written:

50B XLM: to be given in small increments to as many people as possible.
25B XLM: to be given to other businesses and non-profits to reach people that stellar.org wouldn't otherwise be able to reach through the Direct Signup program.
20B XLM: to be given to bitcoin and XRP holders (announcement about the details of this coming soon)
5B XLM: retained by Stellar.org for operations.

https://www.stellar.org/stats/ tells me that the total supply is 103,689,123,972 and only a small part has been distributed up until now.

Since there is an inflation of 1% per year, there have been added 3,689,123,972 coins up until now, right? SDF still holds the majority of the total supply, therefore the majority of those 3,689,123,972 coins also belong to them. It's an additional income, so to speak, right? SDF has an income of about 800.000.000 coins each year, amounting to about 350.000.000 USD per year (using current price).

This is in addition to the 5B XLM which are retained by Stellar.org for operations.
Do you have any plans to distribute those additional coins or is it just a "hidden" income for SDF?