iExec RLC
| Last updated | 4 hours ago |
| Price per RLC in USD | $ 0.53440599200617 |
| Price per RLC in Bitcoin | 0 |
| Volume over the last 24 hours | $ 3,223,562 |
| Market cap in USD | $ 46,493,206 |
| Change in % over the last hour | 0.22631211 |
| Change in % over the last 24 hours | -1.14208237 |
| Change in % over the last 7 days | -12.9872845 |
RLC specifications
| Name | iExec RLC |
| Symbol | RLC |
| Minable | No |
| Algorithm | N/A |
| Prooftype | N/A |
| Total coin supply | 87000000 |
| Premine: | N/A |
Coin description
iExec RLC is a decentralized marketplace for cloud computing resources, enabling users to rent out their computing power or access distributed computing services. It operates on the Ethereum blockchain and uses its native token, RLC, to facilitate transactions within the ecosystem. iExec emphasizes scalability and accessibility, making it suitable for developers and enterprises.
iExec Cloud Computing Marketplace
iExec's platform supports features like decentralized applications (dApps), artificial intelligence computations, and scientific simulations. Its Proof of Contribution mechanism ensures fair rewards for resource providers while maintaining network security. For example, researchers can leverage iExec's network to perform complex computations without investing in expensive hardware.
One of iExec's goals is to democratize access to cloud computing resources. By eliminating intermediaries and reducing costs, it fosters innovation and collaboration across industries. Keywords like iExec cloud computing and distributed resources are closely tied to this project.