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About iExec RLC
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Founded:
Oct. 16, 2016 -
Founders:
Gilles Fedak (CEO and co-founder), Haiwu He (co-founder and head of APAC) -
Unique features:
- iExec Workers can connect their machines and earn RLC tokens
- Application providers can monetize their algorithms
- Data providers can make valuable datasets available
- Proof-of-contribution (PoCo) consensus protocol
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Circulation:
RLC is an ERC-20 compliant digital asset on the Ethereum platform</li
About iExec RLC: Unlocking the Power of Blockchain Computing
Introducing iExec RLC (RLC): The Pioneering Blockchain-Based Cloud Computing Platform
iExec is the pioneering force behind blockchain-based decentralized computing, harnessing the power of blockchain to orchestrate a dynamic market network. This innovative ecosystem empowers individuals to capitalize on their computing power, applications, and datasets, unlocking new revenue streams.
By providing on-demand access to cloud computing resources, IExec empowers a diverse range of applications across various fields, including big data, healthcare, artificial intelligence, rendering, and fintech. Founded on October 16, 2016, IExec’s mission is to revolutionize cloud computing by pioneering a novel paradigm.
As such, iExec leverages the XtremWeb-HEP, an open-source desktop grid software that boasts a plethora of features, including multi-application support, fault-tolerance, multi-user capabilities, deployment of virtual images, private infrastructure, data management, and robust security, among others.
The Visionaries Behind iExec RLC: Meet the Founders
At the helm of iExec RLC is its CEO and co-founder, Gilles Fedak. Prior to spearheading the iExec project, Fedak held the position of research scientist at INRIA, and previously served as a postdoctoral researcher at the University of California, San Diego, and an ATER at the University of Paris-Sud. He boasts a Ph.D. in the convergent fields of philosophy and computer science.
Haiwu He is the co-founder and APAC head at iExec, bringing a wealth of experience to the role. Prior to this, he held esteemed positions as a professor at the Chinese Academy of Sciences, an innovation transfer research engineer at ENS Lyon, co-founder of iRentCPU, a research engineer expert at INRA, and an assistant professor at Hohai University. He holds a Ph.D. in Computing Sciences, underscoring his profound expertise in the field.
This signifies that iExec is founded upon the groundbreaking work of team members who have conducted research at esteemed institutions such as INRIA and CNRS, specializing in the realm of desktop grid computing.
Unveiling the Unparalleled Attributes of iExec RLC
The iExec network is comprised of computing resource providers, known as iExec Workers. Users who wish to assume this role can connect their machines to the network, and in return, they will be incentivized with RLC tokens for contributing their resources.
Application providers can capitalize on their algorithms, while data providers possessing valuable datasets can offer them for utilization through iExec. Furthermore, the consensus protocol, known as PoCo or proof-of-contribution, facilitates consensus over off-chain computing. Notably, this proof-of-contribution enables external resource providers to have their resource utilization certified directly on the blockchain.
IExec facilitates the deployment of distributed applications, commonly referred to as DApps, which offer scalable, secure, and seamless access to servers, datasets, and computing resources. By leveraging the Ethereum blockchain, IExec enables a Virtual Cloud Infrastructure that provides on-demand high-performance computing services.
As such, iExec empowers the burgeoning class of blockchain-based distributed applications, facilitating cost-effective, high-performance computing via a decentralized cloud infrastructure. By simplifying access to machines, a distributed cloud will precipitate a drastic reduction in the environmental footprint of data centers.
The Circulating Supply of iExec RLC (RLC): A Quantitative Breakdown
IExec RLC (RLC) is a cryptocurrency built upon the Ethereum platform, conforming to the ERC-20 standard as a compliant digital asset.
RLC can be effortlessly stored, transferred, traded, and subdivided with utmost security, while also facilitating seamless transactions.
The iExec RLC Network’s Robust Security Framework
IExec empowers smart contracts to transcend the inherent limitations of the Ethereum blockchain, notably scalability, privacy, and connectivity constraints.
For an unparalleled level of security, iExec has pioneered the development of TEE, also known as a Trusted Execution Environment, to provide an additional layer of protection.
This is a secure enclave within a machine’s central processing unit (CPU) that ensures the unfettered execution of code. In essence, it provides an impermeable safeguard, guaranteeing that the code remains tamper-proof, courtesy of its hardware-level implementation.
This ensures that exiting a smart contract to access information provided by the Web2 infrastructure is secure.
Where to Acquire iExec RLC (RLC) Tokens
Among the premier platforms for trading iExec RLC, the following exchanges stand out:
Bittrex, a stalwart in the realm of cryptocurrency exchanges, has established itself as a beacon of trust and reliability in the digital asset marketplace.
Uniswap V2: A Revolutionary Decentralized Exchange Protocol
The esteemed cryptocurrency exchange, Binance.
Upbit, a prominent cryptocurrency exchange,
VCC Exchange: A Pioneering Cryptocurrency Trading Platform
HitBTC, a stalwart in the cryptocurrency exchange landscape,
Discover more opportunities at our comprehensive crypto exchanges page.
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