ElasticProject is an open source project aimed at establishing distributed supercomputers. Elastic will provide a decentralized distributed computing infrastructure with the ability to perform computing tasks on the internet. Under this premise, Elastic is built on cryptocurrency technology and will establish a market mechanism based computing power buying and selling market. Computational buyer, model with Elastic software development package, add a certain amount of XEL token rewards, and broadcast on the network. XEL effectively bundles the computing power of all connected nodes (computing engine runtime opt-in) and distributes it to self encoding and any task through blockchain technology. Users can use XEL's untrusted programming language - ePL for encoding. In this ecosystem, nodes with powerful hardware are incentivized to contribute their unused computing resources through XEL coins.
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