Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
1 Elastic (XEL) Rank 1351
$1.482195
Elastic (XEL) Rank 1351
Website Twitter
3,043,621 XEL

Elastic (XEL)

Elastic (XEL)

XEL

Elastic (XEL) Price
$1.48

Elastic (XEL) 24h Vol
$225,720

Elastic (XEL) Market Cap
$4,511,240

Elastic (XEL) Circulating
3,043,621

Full Name
Elastic (XEL)
Symbol
XEL
Algorithm
BTC Price
0.00001427 BTC
BTC Market
43 BTC
BTC 24h Vol
2 BTC
Total Coins Mined
3,043,621 XEL
1h
1.43 %
24h
-11.14 %
7d
-18.28 %
Charts

Elastic (XEL)

Description

Elastic is an open-source project that provides the infastructure for a decentralized supercomputer. r, designed to carry out arbitrary tasks over the internet. Those  who need  computational  resources, model their problem using Elastic’s programming language (Elastic PL) and broadcast it on the network, along with a certain amount of XEL coins. The Elastic miners are then motivated to offer their computational resources in exchange for a portion of those XEL coins.

Elastic offers potential buyers a large parallel computation cluster composed of many CPUs and GPUs supplied by the miners. The network is  powered by its own PoW cryptocurrency (XEL) and provides a market-based mechanism to buy and sell computational resources.

Full Name Elastic (XEL)
Start Date 2017-08-06
Algorithm N/A
Proof Type PoW
Website www.elastic.pw/
Twitter @elastic_coin
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 3,043,621 XEL
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Elastic (XEL) News
Bitcoin, Debt And Elasticity: A Rebuttal To Michael Green

Bitcoin, Debt And Elasticity: A Rebuttal To Michael Green

Logica Chief Strategist Michael Green recently made comments about Bitcoin's value proposition that deserve closer consideration.The post Bitcoin, Debt And Elasticity: A Rebuttal To Michael Green appeared first on Bitcoin Magazine.

access time image 02-03-2021 20:38

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