RLC

Serious question for my oily bros - When ETH scales, what is the purpose of RLC? The ETH network is already a distributed computer. What is the advantage of RLC if ETH already has millions of TPS

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Let me know when ETH can do high performance offchain computing, AI, ML, data renting, dApps, robotics, and so much more on a decentralized marketplace with zero gas fees.

it literally can except on-chain obviously. Gas fees *should* be really low. Why is there inherent value to it being off-chain? If you don't believe ETH will ever scale to a high degree then I accept that RLC has value.

funding Gilles tranny parties

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>it literally can except on-chain
Show me where you can render a blender rendering with only ETH, on ETH's blockchain.
>Why is there inherent value to it being off-chain?
Because doing computing offchain and putting the result onchain is the only way to do high performance computing with blockchain technologies.

ETH is the backbone for a technology like iExec to exist, although iExec is blockchain agnostic anyway.

It is Turing complete. You can run any application on it...

I have been doing fundamental and quantitative research for many years. My quest has taken me through the physical, the metaphysical, the delusional... and back. And I have made the most important discovery of my career, the most important discovery of my life:
RLC

You can say it's turing complete but can't show me an example of "it literally can except on-chain obviously. " because it doesn't exist, and because iExec is the only way to do that.
ETH is a PoS backbone/ledger for the powerhouse/market that is iExec. iExec is the full suite for all things digital.
>You can run any application on it
ETH couldn't even run cryptokitties when it was PoW and you expect it to be able to do any form of high performance computation? ON CHAIN? KEK! Even if it could do high performance computation, good luck being a developer being 5-6 years behind a team of literal grid computing geniuses.

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Dunno user, there was a comparison between running ETH and running GTA 5 on an Apple macintosh 1987 i just can't find this shit.

I just had a dream featuring a child pressuring me into buying 16000 RLC

It's not feasible because it has not scaled. No one has made a rendering app on the ETH blockchain but that's different from it being impossible

I already said that it's conditional on scaling. You still could do it, it would just be incredibly slow and expensive. If you are going to blatantly deny the fact the ETH can do arbitrary computations, albeit slowly, then this is a pointless argument

No you said "it literally can except on-chain obviously"

>"it literally can"
means it can do it right now, pajeet.
If you are betting on ETH scaling to the point where it can do everything iExec can do right now, you don't understand how things work and should just sell your RLC, because you don't deserve to hold RLC and you dont deserve to make it.
ETH can do arbitrary smart contract computations however it is not guaranteed that it will ever scale to the point that it will be able to do anything iExec is CURRENTLY capably of.

ALSO
ETH will never be able to do things that iExec can do because iExec has ZERO FEES. ETH will always rely on some form of fee so iExec will always have that edge over ETH.

Based

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Alright, so the only advantage that RLC has is that it makes up for ETH's speed. If ETH scales RLC is effectively useless unless you have some other argument
You still pay for the computation, wtf are you talking about

based as fuck.

No it's much more than that but im not going to spoonfeed you as this is a thinly veiled fud thread

lol alright

>literally

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OP is a fat sweaty autist

the purpose of RLC is for Gilles to continue financially ruining me

just sell your rlc for eth OP and be done with it

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OP is literally a fucking idiot. It's obviously the same user from this thread

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>I bought the top in the last bull run and still need to dump my bags
great thread op. just cash out and invest in something good, and take profit this time. you can still make it if you exit before this coin finishes bleeding out. new regulations in France fucking crypto, you don't have much time before the few people who are left start realizing it's over

>literally

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hi theone.

This reminds me of a dream where I found myself in the dining hall of a castle, a giant feast on a big wooden table and a single little girl eating. Suddenly the food turned into rotting flesh and the kid noticed me, I started shrinking as she stood up and got closer. She grabbed me and I woke up drenched in sweat just as I was looking at her mouth closing around me. I'm not a vore fag.

Smart contracts and cloud computing are two entirely different things. RLC brings decentralized cloud compute to the blockchain. While ETH will only ever be able to run smart contracts which lack the complexity and freedom of a traditional computer program. So regardless of if ETH scales infinitely, cloud computing resources will still remain valuable.

You are doing God's work

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Again, this is not true. Ethereum is a Turing complete network, it is just not very useful for a genric purpose until it scales.

Imagine zero gas fees

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Glad I’m not the only one

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Purely talking about bringing abstract computing resources to the blockchain. Again, "Cloud compute" and "Smart Contracts" are different and cannot be in competition with each other.

I was referring to the capabilities of the network, not the existing applications, I thought that was obvious.
You still pay computation, which is analogous to ETH gas perfoming computations

>You still pay computation, which is analogous to ETH gas perfoming computations
No one is going to do high performance(costly) computations for free. ETH gas =/= RLC market prices

What exactly is unique about cloud computing? That is just on-demand computational work that can complete an arbitrary computation. Ethereum can do this. Am I mistaken?
Yes, I know. I already addressed that. If ETH scales gas will become very inexpensive, at which point it makes computation via ETH possible. Again, if you reject the idea that ETH will achieve a high level of scaling then yes, RLC has value, I agree.