iExec RLC (RLC) is Now Available on Indodax!
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iExec RLC (RLC) is Now Available on Indodax!

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iExec RLC (RLC) is Now Available on Indodax!

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This week, the RLC crypto asset will be listed on Indodax. Open deposits will start on March 8, 2023, at 14:00 WIB, and available trading will start on March 9, 2023, at 14:00 WIB.

RLC runs with ERC20 networks. The iExec Network consists of processing resource providers. Curious? Come on, read more here!

Data and Information

iExec is a leading provider of blockchain-based decentralized processing.

Blockchain is used to organize a network of marketplaces where people can monetize their processing power, applications, and even data sets.

iExec builds on the work team members at the INRIA and CNRS research institutes have been doing in Desktop Grid processing since 2000.

Breakthrough innovations in large-scale data processing, data management, parallel processing, security, dependability, QoS technology, and interoperability have resulted in more than 80 scientific papers in leading scientific fields.

The iExec team was instrumental in building the European Desktop Network Infrastructure, transparently running millions of jobs across more than 200,000 nodes and working with organizations such as the Large Hadron Collider.

Since early 2016, the core team has been overgrown, including blockchain hackers, business developers, and marketing experts.

From a research project, iExec has become a company headquartered in Lyon, France, with a subsidiary in Hong Kong.

What Makes the iExec RLC Unique?

The iExec Network consists of processing resource providers. This is known as the iExec Worker.

If a user wants to become this Worker, they can connect to their machine and will be rewarded with RLC tokens for protecting their resources to the Network.

Application providers can monetize their algorithms, and data providers who own valuable data sets can make them available via iExec.

Then there is also the context protocol known as PoCo or proof of contribution, which provides context over off-chain processing.

Thanks to this proof of contribution, external resource providers have their use of resources certified on the blockchain.

IExec also provides distributed applications running on the blockchain known as DApps that can scale securely and with easy access to servers, datasets, and processing power resources. 

Because these all work on Ethereum, this enables a Virtual Cloud Infrastructure that can provide service processing height on request.

In doing so, iExec supports the emerging class of blockchain-based distributed applications and enables cost-effective, high-performance processing via a decentralized cloud infrastructure.

By facilitating access to machines, the distributed cloud will drastically increase the footprint of a data center environment.

Technical Review

iExec will support a new class of blockchain-based distributed applications and enable cost-effective, high-performance processing by building a decentralized cloud infrastructure.

The blockchain-based decentralized cloud will enable on-demand, secure, low-cost access to the most competitive processing infrastructure.

DApps will rely on iExec to automatically locate, find, provision, use, and release all the processing power resources they need: applications, data sets, and servers.

iExec describes a new ecosystem of companies offering storage, computer farms, data providers, web hosting, and SaaS applications, all doing business with each other through iExec.

The decentralized cloud will open up new markets for using existing processing infrastructure.

To lower the energy required to run servers and air conditioning systems, servers can be pushed out of the data center.

By making it easy to access these machines, the distributed cloud will drastically reduce the environmental footprint of data centers while bringing data closer to manufacturers and their consumers.

RLC crypto assets

The current CoinMarketCap ranking is #189, with a live market cap of $139,640,038 USD. It has a circulating supply of 80,999,785 RLC coins and a max. supply of 86,999,785 RLC coins.

How to Buy RLC Crypto Assets on Indodax

Those who want to buy RLC crypto assets can buy them on Indodax starting March 9, 2023, at 14:00 WIB. Here’s how to buy it:

  1. You can register immediately for those of you who still need to become a member.
  2. After that, make a deposit.
  3. After your deposit and balance are entered, you can return to the Indodax market.
  4. Look for RLC on the IDR market, then click on it.
  5. After entering, you must buy by filling in your balance and at what price you want to buy RLC. You can also buy it instantly or directly at the current price.
  6. After that, you need to wait for the price to increase for some time
  7. After the price increases, you can sell at a higher price with the instant method
  8. If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.
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