Market Data & Token Stats
| Fully Diluted Valuation | $39.01M |
|---|---|
| 24H Trading Volume | $3.25M |
| 24H Low / High | $0.4379 / $0.4623 |
| Circulating Supply | 72.38M |
| Total Supply | 87.00M |
| Max Supply | 87.00M |
Key Project Information
| Categories | DePIN 12 more |
|---|---|
| Founder | Gilles Fedak 1 more |
| Website | iex.ec Whitepaper 1 more |
| Socials | 8 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Arbiscan 4 more |
| Contracts |
0x607....a7375
3 more
|
OGAudit Security Evaluation & Social Audit Metrics
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iExec RLC (rlc) Expert User Reviews
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$rlc Markets
| Name | Pair | OG Score |
|---|
About iExec RLC
In the rapidly evolving landscape of cloud computing, iExec RLC has emerged as a pioneering platform, reshaping how computational resources are utilized and accessed. Launched in October 2016, iExec represents a significant leap in the decentralization of cloud services. At its core, iExec is a blockchain-based infrastructure that facilitates the buying and selling of cloud resources. It stands apart from traditional cloud services like AWS and Azure by offering a decentralized network that harnesses the power of Desktop Grid computing. This unique approach allows for the utilization of idle computational resources across the network, offering an innovative solution to the limitations of centralized cloud providers. iExec's ecosystem is built on Ethereum smart contracts, ensuring a secure and efficient exchange of services and resources.
The platform's native cryptocurrency, RLC, is integral to its operation. Launched through an ICO in April 2017, RLC functions as the primary medium of exchange within the iExec ecosystem. Whether it's renting computational power or accessing datasets, all transactions on the iExec network are conducted using RLC tokens. This ERC20 standard token is not just a digital currency but the backbone of a system that incentivizes participation and contribution. iExec's diverse range of services includes the iExec Marketplace for trading computing assets, a Dapp Store for decentralized applications and a Data Wallet that provides a secure way for data providers to monetize their datasets. The platform's unique Proof-of-Contribution consensus mechanism further enhances its value proposition by enabling off-chain computation services and on-demand datasets.
iExec's impact extends to various applications, such as eFast, which leverages iExec's distributed cloud for advanced computational methods in trading. This illustrates iExec's potential in revolutionizing fields like big data, AI and fintech, offering scalable, secure and cost-effective alternatives to traditional cloud services. The platform's security is reinforced by the Trusted Execution Environment (TEE), ensuring the integrity and confidentiality of computations. As a result, iExec not only stands as the forefront of decentralized computing but also paves the way for a more accessible, efficient and secure digital infrastructure, truly embodying the decentralized future of cloud computing.
What is unique about iExec RLC (RLC)?
iExec RLC stands out for its blockchain-based decentralized computing, using a unique Proof-of-Contribution consensus and offering on-demand cloud resources, which significantly differs from conventional cloud services.
Who are the founders of iExec RLC (RLC)?
Gilles Fedak and Haiwu He are the co-founders of iExec RLC. Fedak's background includes work as a research scientist at INRIA, while He has experience as a professor at the Chinese Academy of Sciences.
Who are the backers/investors of iExec RLC (RLC)?
iExec RLC (RLC) boasts a diverse and notable group of backers and investors (Bpifrance, Techstars, Andressen Horowitz, Kleiner Perkins, CMT Digital, Intel, AMD, Microsoft Azure, Samsung SDS and more…) who played a crucial role in its development and success.
What is the consensus mechanism of iExec RLC (RLC)?
iExec RLC utilizes the Proof-of-Contribution (PoCo) protocol for consensus, which is designed specifically for off-chain computing and certifies the usage of external resource providers on the blockchain.
Where can I buy iExec RLC (RLC)?
You can buy iExec RLC (RLC) on Binance, Coinbase, Gate.io, BitgetMEXC cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the iExec RLC Official Website, iExec RLC Whitepaper, iExec RLC GitHub Repository and iExec RLC X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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