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Elastic is an open-source project that aims to build the first decentralized supercomputer. Elastic has been developed over the last year or so and provides the infrastructure for a decentralized and distributed super computer, designed to carry out arbitrary tasks over the internet. In this context, Elastic is powered by a crypto currency (XEL) and provides a market-based mechanism to buy and sell computational resources.

XEL Tech Specification
  • Consensus Proof of Work (PoW)
  • Hash Algorithm Unknown
  • Org_ Structure Decentralized
  • Open Source 1