Where does the 870 for RLC come from?
Where does the 870 for RLC come from?
Josiah Evans
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Kevin Collins
I don’t know but I have 150 and that’s all I can afford to invest in an unproven shitcoin
Grayson Thompson
i also want to add where does "digital oil" come from aswell
Jackson Long
>spoonfeed me
no, stay poor kek
DotB is upon us
Jacob Hill
An insane market cap, 1 trillion. If you can't do the math from there you need to gtfo.
Cameron Morales
Regular oil powers the world so Digital Oil powers the computers.
Jayden Bell
No, the 1T MC is different from the 870 math... 1T marketcap = 11490$ RLC, but you only need 1000$ RLC to make it
Kevin James
ill add to that,
you can't smoke the oil you put in your car. You could theoretically buy idosing files with digital oil.
Levi Brown
real RLChad knows the truth
$1T isn't crazy though, more like inevitable
Liam Wilson
Comes from a dogs ass
Cooper Myers
user screencap your folder of shit pics
I need to know just how deep the autism and shit pics go
Jack Nelson
I didn't even make the original pic, not all the dog shit memeing is me. A lot of it is though.
Kayden Sullivan
kek how many Barrels do you really hold?
Jose Rivera
Kek yeah okay dude keep lying to yourself
Anthony Hughes
Zero because those "oil barrels" are full of digital dog shit
Bentley Miller
I don't really know but it convinced me to buy 1000 barrels of that shit.
Dylan Hughes
>mfw they said RLC is digital oil
Isaac Williams
>Total supply: 87,000,000
870 iExec represents how much is needed to make it to 1 million dollars if the protocol is valued at 100 billion dollars.
8700 at 10 billion.
87000 at 1 billion.
There is an expectation certain quality crypto projects will reach valuations of 10 billion+
Therefore, in the case of iExec, a "make it" stack is 8700, while a suicide stack is 870.
iExec is the compute layer of the crypto ecosystem.
Ethereum’s VM (virtual machine) is excellent for simple transactions and business logic—things like managing the rules regarding the creation and storage of information. And although Ethereum is Turing-complete and theoretically capable of performing any computational feat given infinite time, the VM struggles when performing rigorous computations efficiently and at reasonable cost.
That’s not what Ethereum was made for. Running intensive computations on Ethereum would be like trying to run Grand Theft Auto 5 on Apple’s 1987 Macintosh II.
The solution to this is offchain computing. dApps need to be able to do their heavy computing offchain (meaning not on the Ethereum blockchain) and then bring the information and results back onto the Ethereum blockchain for verification. iExec enables just this.
The blockchain economy will need a service like iExec. In 2018, as dApps begin releasing their platforms, it will become increasingly clear that Ethereum will be ineffective for all that computation. With AI, smart cities, VR, and IoT all utilizing advanced smart contracts, there will need to be an offchain computing solution. iExec is that solution.
TLDR: iExec processes the computations away from the blockchain and then transfers the results back to the blockchain. dApps can use this to perform complex computations like rendering, uploading, and all the requirements for AI, IoT, and VR, all without slowing down the Ethereum network.
Charles Gray
this very much, and iExec is already aligned with all the big tech mainstream players (IBM, Intel etc.). So it's insane that this piece of the blockchain puzzle has been severely undervalued. How do you compare the size of the Chainlink Oracles market to the size to the market that iExec intends to capture though?
Jason Gutierrez
hahahah holy shit i dont even know what is fud anymore but im buying more RLC, just for the memes
Jace Stewart
>iExec is already aligned with all the big tech mainstream players (IBM, Intel etc.)
What does "aligned" mean here?
Henry Evans
Stop it, I can only get so erect.
Angel Foster
Incredibly based explanation user, thanks for that
Why does it matter what LINK is doing? iExec has better oracles
Cameron Taylor
Researched fud. Nice one
Robert Johnson
>that last comment
Oh noooo bros hahahahahah
Gavin Harris
Noah Jones
they already know each other
Evan Ortiz
Brilliant explanation lad
Connor Parker
Its based on the 87 million supply. Kys dumbass. Look up total supply before refuting with the circulating supply
Cooper Martinez
I can’t get enough RLC. Shit is going to be big like Link
Joseph Cook
iExec is a vital component to the crypto stack. The cloud computation market alone is expected to grow to within the range of a trillion dollars annually by 2025.
These are projections from people who don't even understand or appreciate the global paradigm shift that crypto will facilitate.
What this means is that the iExec protocol need only capture an embarrassingly insignificant portion (less than 1%) of that market to be a 100x investment from today's prices.
Keep in mind that Giles hasn't forked out for any Twitter/JewTube shills, iExec doesn't even have a discord, so there are no P&D trannies. Giles fucks trannies, he doesn't pay them. Consequently, and because the media are in reality a paid advertising racket, no-one talks about this protocol yet with the exception of Zig Forums. We have had the chance to accumulate entirely under the radar, before any of the Brahmin, boomers, onions "influencers" and other such dysgenic hordes even know we exist, let alone appreciate the consequences of our tech.
You know which other project offered exactly this opportunity with similarly insane upside?
iExec is, and I mean this entirely seriously with no hint of irony, a Chainlink-tier, life-changing investment opportunity.
For some time I have been conflicted about even posting alpha on here because I want more time to accumulate... But eventually you've gotta be in it for the boys or you're just a selfish cunt... so there we have it.
I leave you with the words of Achilles: youtu.be