I can't believe some of you still don't understand what this technology does.
It's a fucking market place with monetary and reputation based trustless computing/data renting. Meaning anyone currently using AWS can switch to iExec and save a LOT of money because the competition on the iExec market will be high thus the price will be "the real price of computation and data" and not "the upcharged price by centralized nigger clouds".
Also with v5 it allows all coding languages which is a really big step and will really increase adoption as the word spreads. I assume if they run marketing campaigns it'll take off very quickly, and since you need at least 5RLC to get started I assume the price is going to go exponential like ETH or BTC.
The world of hobbyists and devs is about to BTFO the entire cloud providing space. It even has no security worries since it's not run by Google trying to steal your data. Within 10 years centralized clouds will no longer be a thing. I guarantee that. NOTHING can compete with an open market, and as Zig Forumsnessmen you should know that.
Just imagine this. >Johnny is a super smart little 13 year old with a really nice 2000$ gaming PC. >He sees an ad, "rent your gaming PC for money, on iExec: The Computing Marketplace" >Johnny sets his computer up to be a worker on a random workerpool for some businesses machine learning program >Johnny is now making 5-10$ a day or more in profit just by running his gaming PC while he sleeps >His PC is now free after less than a year of working
I can't believe no one is talking about this
Michael Perry
but there is literally nobody using it right now man how will Johnny get the money where there are literally no users
Jackson Sullivan
Adoption phase starts now. Over time it will get exponentially larger as word grows about this new blockchain technology.
Easton Martinez
>Johnny's PC was paid for by his parents. >Johhny's parents also pay the electricity bills for his PC running at high cpu load 24/7. >Johnny's income from iExec was actually less than the electricity cost of running his PC. >If Johnny had only asked his parents for money upfront they would have spent less, and he would have made more. >Johhny is a fucking retard.
Charles Nguyen
>He doesn't understand how much computations for machine learning will cost or any form of high tier multi-party computation >He doesn't realize the value of RLC will most likely appreciate for a long time thus Johnny will make money no matter what
Juan Barnes
There is literally nobody using crypto beyond simplistic adaptations at all. It’s a speculative market on potential, dumbass fud.
Jose Murphy
ooo also >he doesn't know about the energy positive workers >he doesn't know anything about iExec or economics on biz
Angel Reed
>If johnny's belief is that RLC will appreciate, he should just buy the token. By doing that, he is exposed to the RLC price and nothing else. Running jobs is an investment venture that has exposure to additional factors (such as operating cost) that Johhny is very unlikely to have a competitive advantage on.
Jace Allen
>he wants to see what it's like to be able to get free money by renting his pc >he can also buy the token >he thinks running jobs is an investment venture when people were mining bitcoins on laptops to obtain bitcoins If you didn't know by now, iExec is unfuddable.
Andrew Hall
Also, to fuck your shit logic even harder.
>Why not just buy a house and let it appreciate instead of renting it out or putting it on Airbnb dude? Don't you understand the operating costs??
Fucking subhuman KEK
Nolan Mitchell
iExec is the Airbnb of computing and data. >Just let it sink in Raaj
Fudder is correct, but meet halfway here and see the real value. While little Johnny doesn’t have the expertise or resources to monetise his gaming pc, big Johnny has been to university and sees how oligopolistic industry’s accrue significant transaction and management costs versus smaller more agile firms. Big Johnny can see that his small mining farm is viable to provide lower cost computations with better latency that centralised providers and in the era of 5g he decides to open 30 distributed servers in the basements of his apartment complex real estate empire, negating fixed costs, routing heat output into thermostatic climate control, and further driving his competitive advantage. Big Johnnys big Johnny gets noticed by other industrious Johnson’s and the mid tier computing market drives centralised organisations onto the RLC blockchain in o Eder to compete.
Christopher Sanchez
Fudder is not correct. The price of computations will outvalue the cost of electricity for a single user and not a datacenter.
Aiden Russell
It’s not necessarily true, retail electricity is more expensive and itself has fixed base rates, hardware accrues depreciation costs that Johnny likely can’t account for on the basis of his small scale. Not to say Johnny won’t be able to play a role when fog/edge is feasible.
Xavier Young
You are acting like centralized centers don't suffer from hardware issues constantly lol. Depreciation cost is just a cop-out. No one would mine if that was the case.
I'm just saying, the cost of computation will outweigh the cost of electricity especially as time goes on, electricity will get cheaper
Levi Parker
THE BOTTOM IS IN!!!
Jaxon Ross
I specifically said that large firms have higher costs vs smaller mid tier firms. I’m talking about RLC changing the barriers to entry in an industry and ultimately the broad based structure of it, economies of scale etc.
Nathan Gomez
Oh sorry I guess I read that wrong, it's late.
Yeah for sure, iExec is definitely going to change all sorts of barriers but it will take some time. My guess is 1-2 years before we see any real "woah this is happening" adoption.
I just don't agree with the whole "johnny can't profit" motive, especially as time goes on and electricity gets cheaper with new tech.
Isaiah Butler
Yeah sorry my autism is going off the charts right now kek
Christian Russell
All good, same. I'm just excited about this thing man. It's going to be huge
Charles Wood
Yeah its fun. Watching it evolve is gonna be fun too. Especially getting a worker up and earning rlc during the adoption stages and stacking up
I’m just looking at the structure of the current cloud market and how RLC will disrupt it and it seems extremely viable. The real problem standing in the way is adoption, but I don’t see that happening without significant capital inflows into the entire market to fund development and offer opportunity. Last run saw some decent development but really we weren’t there yet in any viable form. Next one we should see real seeds planted and have enough infrastructure in place to facilitate the great change.
Caleb Young
What investments really need to be made though? Once the marketplace is live, it will start small and gradually grow in size. Can begin entirely grassroots
Jack Allen
Thats the hype part. It will probably start with small businesses using it, one at a time
Alexander Perez
Well hey bud, adoption is next! iExec is here. Lets all get on board already. I want every hilarious and smart fucker on biz to make it with me.
