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/biz/ - Business & Finance


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File: 466 KB, 1913x1055, RLCHADS.png [View same] [iqdb] [saucenao] [google]
20626424 No.20626424 [Reply] [Original]

ORIGINAL THREAD
>>20587912

Looks like the iExec team fixed their shit. I just successfully deployed and ran my first successful iExec app!

TaskID: 0x8609137326fbf471fa8a3dd9175fa1425b9c442560edf4a2d04be78df96500a8

DealID: 0x05d2e48c569ec308d107dcad96eea52ecfcd498c92f3a52c806319d32792204b

You can view their worker pool here: https://public-pool.iex.ec/d/Home/home?orgId=2&refresh=1m

View TX Here: https://explorer.iex.ec/goerli/deal/0x05d2e48c569ec308d107dcad96eea52ecfcd498c92f3a52c806319d32792204b

I'm excited to see continue and play around with this and see what types of computing processes can be packaged, reused, and traded through blockchain networks. We are early folks, and to buy, trade, and commoditize computing power and applications in decentralized environments is a huge step forward

If you are interested in keeping up to date with me exploring the actual tech behind some of these newer blockchain technologies feel free to hop in my discord

Discord:ETs6AWU

>> No.20626497
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20626497

>>20626424
nice, very nice.

>> No.20626518

>>20626424
install gentoo

>> No.20626572
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20626572

>>20626424
who cares. Dether 1 Million Marketcap Coinbase Partnership

>> No.20626737
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20626737

>>20626424
Nice anon.
Glad you followed up to fuck the pajeet faggots.
The coolest part is it's not even really the finished version yet, v5 will be awesome to see flourish and get adopted.
Computing power and data as fucking NFT's is going to change the world

WE ARE ALL GOING TO MAKE IT DIGITAL OIL IS REAL ITS FUCKING REAL

>> No.20626784
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20626784

Very bullish, thanks for sharing.

>> No.20626851

>>20626424

Good. Now perform a render, or run some python programs that are heavy on processing, like performing dense optical flow on a set of 4K - 8K images. I'd believe in this project just by a little bit if the work was successful and did not take forever to finish.

>> No.20626940

>>20626851

stay tuned.. I will try to run some computational heavy shit soon

>> No.20627001
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20627001

>>20626851
This was rendered in blender with iexec a while baxk

>> No.20627043
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20627043

>>20626940
EVERYONE START RUNNING A FUCKIN WORKER NOW!!

>> No.20627194

>>20626940

Fuck here's another idea, if you have the hardware for it: Execute work on a couple of servos running around performing SLAM. If I see that shit in action then maybe there's actually a future for RLC asides from novel ideas written on paper.

>> No.20627325

>>20626424
Idont see ant code, json isnt code.

>> No.20627328

>>20627194
Good suggestions, hop in my discord cuzzz im always down to try some wild shit..

>> No.20627353

>>20627325
Any*

>> No.20627367

>>20627325

code is not shown in the pic, but basically I'm just using a prebuilt docker image provided by iExec using their quick start guide and providing the RLCHADS arg to it through the CLI..

>> No.20627372
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20627372

>>20626424
Couldn't even print hello world hahahahahahaha

>> No.20627404

someone explain this to a newfag

>> No.20627438

>>20626424
Keep making these, it's in the best interest of a lot of people on this board. Bagholders and fudders.

>> No.20627487

>>20627404
A crypto project which works

>> No.20627509

>>20627404
The product works.
And as more workers join, it will just become more and more powerful.

>> No.20627513

>>20627404

Basically the output text you see printed on the screen is code that successfully executed in a trusted execution environment on one of iExec's workers.

The actual code was deployed to the blockchain, testnet RLC tokens were used to run the actual code. A worker picked it up and ran the code, and I downloaded the output of the code.

>> No.20627526
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20627526

>>20626424
>we're gonna take on Azure and Google and Amazon!
>by offering the same service, well, eventually
>except you can't just pay for it, you have to go through the fuckery of buying this internet coin first, which every business' accounting department is just going to fucking LOVE!

>and now it can finally do what a Commodore 64 could in 1982!

NEW PARADIGM

>> No.20627589

>>20626424
Retarded
Loser
Chads?

>> No.20627608

THANK GOD IT WORKS.

I APPRECIATE YOU OP. YOU HAVE NO IDEA

>> No.20627655

>>20627367
Cool then, I want to give it a go too.

>> No.20627686
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20627686

>>20627194
>>20627194
YOU MEAN THIS>?

https://www.youtube.com/watch?v=TUDO8BeeqBg

>> No.20627708

>>20627526
>NEW PARADIGM

Please provide examples in 1982 how you could deploy to a distributed network an application and guarantee privacy, confidentiality, and tamperproof characteristics to the actual code running on the worker machine without sacrificing security.. I'll wait

>> No.20627763

>>20627708
>autism
>asspain

Please explain to me how this can do something that Azure can't, a service, by the way, that I can pay for in a half-dozen convenient methods without having to buy internet coins and thus create a headache for my accountant.

>> No.20627780

>>20627763
>>20627763
>MUH AZURE
>literally presenting with microsoft in 7 days when they will announce azure assimilation
the pajeets

>> No.20627847

>>20627367
That's not sus at all

>> No.20627875

>>20627763
>autism
>asspain

Thanks for backing up your statements with insults. Currently it's obviously easier to go with Azure/AWS/GCP. I don't think there is anybody is debating this. The key thing here is that when the # of machines escalates exponentially in the next 10-20 years, we will want to make use of all of those machines during their idle time to aid the world in computational power. When you reach that level of scale, a common protocol is needed to distribute the computing power across all devices ubiquitously. This is the potential for iExec, and albeit it is quite early and has little adoption, the recent strides in confidential computing, trusted execution environments, and blockchain have the potential to enable a future economy of iOT devices commoditizing their computing power

>> No.20627926

>>20627875
Based but I think we will begin to see adoption this and next year and it will go exponential from there as companies offer "rent your pc for money!" angle while utilizing said computers to offer the services they currently do.

>> No.20628002

>>20627763
>tfw he doesnt realize that they are not competing with azure because azure will run on iexec

>> No.20628025

>>20628002
>tfw that guy doesn't realize iExec will deploy on every major cloud company's infrastructure by 2022

>> No.20628037

>>20627513
so they got paid for running the code?

>> No.20628050
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20628050

>>20628025
>tfw forgot my face

>> No.20628094

>>20627875

But what this sounds like (to me) is like opening a burger stand next door to McDonald's and offering the same delicious quality we've all come to love, but in order to buy a burger you must first buy iBurger internet coins.

We already have scalable cloud computing, offered by giants, and incredibly convenient to set up and pay for.

This seems to therefore offer absolutely no advantages over what's already here, and is also less convenient and actually disincentivizes enterprise to try, because they have to purchase a fluctuating commodity to use it, meaning they are suddenly introducing a whole capital gains/loss mess for their accounting departments to deal with, when the established competition's requirements are "Click button to pay"

Unless I'm really missing something here, I do not get it at all

>> No.20628159

>>20628002
>>20628025
>Amazon, Microsoft, Google: lmao let's spend billions on someone else's protocol
>it's not like we have any coders working for us or anything

>> No.20628220

>>20628159
Damn bro tech giants arent cavemen lmao they literally stay alive by adapting to change and embracing developments in tech.
If youre stuck at the fundamemtal level of why decentralized cloud computing is beneficial, then look that shit up

>> No.20628274

>>20628094
I kinda don't want to help you desu you seem pretty ignorant to the benefits of decentralization in general...

>>20628159
Wouldn't cost them billions to buy a few hundred thousand RLC to run workers, and gain even more RLC from that.

The initial onboard cost is low right now thats why they will get in

>> No.20628286
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20628286

nice to actually see people working on iexec apps
I started a coinbase API pricefeed back in May but got bored with it when alts started pumping. maybe I'll port it to v5
>>20628094
the idea is that it's "decentralized" and connected to a blockchain
>This seems to therefore offer absolutely no advantages over what's already here
>bitcoin has no advantages over USD

>> No.20628421

>>20628037
>so they got paid for running the code?

The workers got compensated via RLC tokens from the test network

>> No.20628438

>>20627686

That's a video done in-house, ala bullshot renders done by game companies for their game reveals, aka means jackshit. If a total autist with no funding can pull off half of what is done in that video, then iExec has a leg to stand on.

>> No.20628471

>>20628274

Fair enough. Good luck lads

>>20628286
>>bitcoin has no advantages over USD

It really doesn't, from an enterprise perspective anyway. But I wish you guys luck

>> No.20628497

>>20628286
Bitcoin needs to be a trustless network. iExec would run just as well or better if they paid out people with usd - token was only needed for ico.

>> No.20628507

>>20628471
What he is saying is that
>decentralized has no advantages over centralized
which is sarcasm.

>> No.20628562

>>20628497
>muh usd fud
cringe

>> No.20628653

>>20628562
Why do we need RLC instead of just USD with the same system of paying workers?

>> No.20628663

>>20628507

I understood the sarcasm. I've just decided to throw my 100 ETH profits into other projects, since if nobody can explain this to me, they sure as hell can't explain it to some Boomer or GenX CTO and certainly not the CFO

>> No.20628671

>>20628653
Because the defi assets and computing power on iexec is backed by rlc, fuck

>> No.20628728
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20628728

>>20628653
>why do we need cryptocurrency for a blockchain technology

>>20628663
enjoy being poor i will screen cap it for later when we laugh at you
learn to google

>> No.20628730

>>20628671
Why the FUCK does it need to be powered by RLC and why can't a similar system be developed by amazon where payments are in USD?

>> No.20628752

>>20628653

Try my fun question:

>why would any enterprise want to have anything to do with this, when they can already pay for unlimited cloud computing with USD, without having to buy a volatile internet coin which their accounting department would then have to spend man-hours calculating capital gains/losses on every goddamn reporting period

>> No.20628755

>>20628730
>why do we need cryptocurrency for a blockchain technology
if we use USD itll be centralized, faggot

>> No.20628781

>>20628752
>muh volatility
does not matter

>> No.20628787
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20628787

>>20627404
>peepee poopoo caca
>number go up
>???
>profit

>> No.20628790

>>20626572
Little late on this no? Went up like 6x yesterday

>> No.20628870

Is anyone running a worker? I looked into it but it seems you need two cpus to run it. Can anyone explain this better. Would I have to build a whole new rig specifically for this?

>> No.20628887

>>20628286
But I don’t want my information on public chains. So...

>> No.20628907

>>20628870
I dont think you need 2 cpus, maybe for certain pools or something

By the way people have reported running iExec workers on AWS. Imagine arbitraging AWS workers LMAO

>> No.20628926

>>20628870
Think you only need a VM, no?

>> No.20628931

>>20628781

It does to a business, you retard, and those are the ones who spend big money on cloud computing.

>hey boss, a quick word? I was thinking, instead of paying for cloud computing with money, like we always do, which also takes about 1 second
>how about we use internet coins instead? they fluctuate like a motherfucker so Accounting will need to keep a record of each time we buy ETH and exchange it for the internet coin,and then every time we make a transaction using the internet coin they'll need to record any capital gain or loss from the fluctuating price, and then of course when we need to report and file they'll have to calculate the overall profit/loss on all those transactions and amend our filing to account for any capital losses or gains that happened
>what do you mean I'm fired

>> No.20628944

>>20628787
sounds pretty based

>> No.20628945

>>20628730
>Why the FUCK does it need to be powered by RLC

Because you can natively collect the token without going through a trusted 3rd party when you run a node as a worker. The payments layer is handled within the infrastructure. Secondly there is no single source controlling the assets, apps, data on the blockchain. Blockchains provides a "shared database" of knowledge across all devices to transact, distribute, and run applications/data without relying on a single trusted source

>> No.20628954
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20628954

>>20628907
>Puts iExec workers on AWS
>AWS decides to utilize iExec
>AWS gets customers flowing through iExec
>???
>AWS is using AWS through your iExec account
>Profit

>> No.20628979

>>20628931
You don't understand, volatility won't matter to iExec, and at some point all volatility will be reduced to 3% or less

That's like saying a used car dealership won't buy a used car because it will fluctuate in value LOL!

>> No.20629009

>>20628926
Yeah I downloaded the suggested VM. That’s where I saw the 2 cpu thing.

>> No.20629027

>>20628931
Fluctuating prices are the biggest issue. Businesses will want to calculate with relative certainty. I can only see this working if it is reliably like half the cost of AWS etc.

>> No.20629055

>>20629009
Maybe cores are enough?

>> No.20629076

>>20628931
>need to keep a record of each time we buy ETH and exchange it for the internet coin,and then every time we make a transaction using the internet coin they'll need to record any capital gain or loss from the fluctuating price, and then of course when we need to report and file they'll have to calculate the overall profit/loss on all those transactions and amend our filing to account for any capital losses or gains that happened
they literally already make free software that does all this
how do you think crypto people pay their taxes?

>> No.20629149

>>20629076
>>20628979

I am glad I'm staying away from this project.

Good luck guys

>> No.20629216 [DELETED] 
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20629216

don't forget to join the RLC Fags shitposting discord, a magical place where we shitpost about RLC

>> No.20629223
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20629223

>>20629149
hahahahah

>> No.20629238

>>20629149
kk, later then

>> No.20629279
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20629279

don't forget to join the RLC Fags shitposting discord, a magical place where we shitpost about RLC

https://discord (dot) gg (slash) g7QC4V

>> No.20629325

>>20629055
I’ll give it a try sometime this weekend and report back

>> No.20629732

>>20628931
>>20628752
this same criticism was made in reference to the LINK token back in 2017. Don't try to twist it with hindsight bias

>> No.20629741

nice thread

>> No.20629784
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20629784

>>20629149

>> No.20629871

Why is it at 12k sats though :(

>> No.20629908

>>20628931
>he doesn’t know that with the introduction of NFTs businesses can lock in price via Computation derivative market

>> No.20629961

>>20629908
Is this true?

>> No.20630169 [DELETED] 
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20630169

>>20626424
Methanon here. Problem is there's still not enough people who like trannies, that's why we need to keep educating them about the virtues of trangender women. How they smell better, they treat you better, they look better and they fuck better than the so called "real women". Once we get people to embrace sucking girl's dicks, RLC will pump instantly cause there won't be more SUPERTRANNE DELUXE DUMP PARTY but SUPERTRANNE DELUXE PUMP PARTY. For more info you can contact me on Telegram with the name ANONY MOOSE.

>> No.20630270

>>20629961
Essentially. It’s opened up opportunities for financialisation of data and compute as commodities, so forward swaps markets, asset backed loans etc. Massive development.

>> No.20630870
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20630870

>>20627526
hahaha I remember when boomers said exactly this about Bitcoin and Paypal for that

"Why would I set up an email address when I can just mail a check??" hahaha stay poor

N
S
M
D
O

>> No.20631388
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20631388

How do I set up a worker and how much RLC can I realistically earn from it?

>> No.20632168

>>20626424
WE ARE GOING TO MAKE IT

>> No.20632194

Anons can I get a tldr on RLC? How many to make it?

>> No.20632236

>>20632194
Look up the methanon threads via the archive. That's the easiest way to get a quick rundown. I think a suicide stack is 870 and a make it stack is 8,700.

>> No.20632286

>>20632236
Thanks anon I'll check them out. Probably can only afford a suicide but I'm comfy in link so no biggy

>> No.20632470

>>20631388
There's a detailed step by step of how to setup a worker on iExec's docs.
https://docs.iex.ec/for-workers/quick-worker-start

Right now, I could say that you will earn nothing because there's no real usage, just tests and maybe one or two tasks per day. You stake RLC and you get paid if you successfully complete the task, if there are no tasks now then you get nothing, that's why adoption is too import for iExec.

>> No.20632538

serious time...
does this integrate into my k8s solution?
does it execute as fast as lambda or gcp cloud functions?
what makes this better

>> No.20632787

>>20632286
You'll do well with that suicide stack because the supply of RLC is very low. Good luck anon.

>> No.20633150

>>20627589
Really
Long
Cocks

>> No.20633195

>>20632538
anybody?

>> No.20633366

>>20630270
This. /biz/ is too stupid to understand

>> No.20634264

>>20633195
Check the archive

>> No.20635270

>>20634264
So.. you don't know enough to answer?

>> No.20635295
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20635295

>>20626424
I love this nigga

>> No.20635370

>>20628931
Seriously. Underlying your product with an appreciating or volatile coin makes no fucking sense if you have a useful product that could just be transacted in dollars or unrelated coins

>> No.20635493

>>20635370
The future is tokenized, get over it

>> No.20635508

>>20629732
Link needs the collateral
This should just need commodity computing

>> No.20635587

THIS IS JUST LIKE MINING BTC IN 2007. THERE IS ABSOLUTELY NO WAY I AM GOING TO FUCK THIS UP. SOMEONE PLEASE IN RETARD TERMS EXPLAIN TO ME HOW I CAN BE A WORKER. DUMB IT DOWN ALOT PLEASE

>> No.20635702

>>20635587
There is no point yet cause there is no demand yet. Wait until people start building shit and want to use it, then we will all join and make millions

>> No.20635717

>>20635702
no i join now

>> No.20635801

>>20629027
>half the cost of AWS
so several millions times more efficient than ETH? good luck

>> No.20636822

>>20635270
nobody does. technical questions around actual irl use get ignored, because they don't understand what they're shilling