Cryptocurrencies: 2613 / Markets: 20880 Market Cap: 24h Vol:
Elastic (XEL) Rank 938
$0.009257
Elastic (XEL) Rank 938
Website Twitter
91,676,277 XEL

Elastic (XEL)
Elastic (XEL)
XEL

Elastic (XEL) Price
$0.01

Elastic (XEL) 24h Vol
$135

Elastic (XEL) Market Cap
$848,657

Elastic (XEL) Circulating
91,676,277

Full Name
Elastic (XEL)
Symbol
XEL
Algorithm
BTC Price
0.00000106 BTC
BTC Market
97 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
91,676,277 XEL
1h
0.35 %
24h
-3.43 %
7d
-3.31 %

Charts



Description

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 https://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 91,676,277 XEL
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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