About XEL
XEL (XEL) is a cryptocurrency. XEL has a current supply of 100,000,000 XEL with 91,676,277 XEL in circulation. The last known price of XEL is $0.010123 USD and is down 3.83% over the last 24 hours. It is currently trading on 2 active market(s) with $295 USD traded over the last 24 hours.
The XEL initiative
XEL is an open source project aiming to disrupt the way computing power is bought and sold in today’s global market. To achieve this XEL is creating a decentralized trustless super computer, utilizing cryptography and blockchain technology. The platform can execute a vast array of tasks in need of computational resources in a P2P distributed way.
XEL offers a versatile and flexible system by enabling self programmable tasks instead of hardcoded use cases. This is achieved thanks to the proprietary ElasticPL (ePL) programming language. The system offers trustless access to computational resources at any time and from any location, while keeping privacy and anonymity.
Integrate with XEL platform
Scientific Applications
XEL platform is a great fit for data visualization, modelling and simulations within advanced chemistry, biophysics, high energy physics, bioinformatics, engineering science, and data medicine, by supplying adaptive, tailored, self programmable tasks, and on demand computing power.
Machine Learning
XEL’s super computing system can assist in the transition from physical, prototype based product design to computational (virtual), prototype-based product design. Thus enabling substantially better, more creative results, while saving on time and cost.
Visual Prototyping
Many companies are deploying services, which are largely based on machine learning algorithms for sophisticated processing of large amounts of data. XEL platform offers a environment for testing such services , and can also be used to demonstrate Proof of Concept for various AI algorithms.
Execute your tasks on XEL platform
Provide your power to XEL’s network
Software components
The XEL ecosystem is comprised of several main components working in fluid synchronous. The execution and monitoring of arbitrary computational tasks is available via the user’s interaction with the software components. Each component provides a user friendly interface, enabling a straightforward, streamlined journey for the user.
Technology and features
Opensource
As an open source project, XEL’s code base is always visible and available for peer review and contribution by the community, and any interested party.
Trustless
Both, publishers of the task and the ones performing the task are not required to share their private information at any stage of the process. There is no need to trust third parties since the XEL platform handles the entire process in a trustless manor.
Modular
Future developments on top of the existing platform are possible in a modular way. For instance, it will be possible for developers to implement smart contracts on top of Elastic VM (Virtual Machine) in the future.
Decentralized & Distributed
Instead of using a central point of authority, XEL uses blockchain technology to form the consensus, and uses a special consensus-based protocol for work distribution, verification, and collection.
Flexible
Thanks to self programmable tasks, the XEL platform offers a highly flexible system. Therefore, anyone can program unique use cases with XEL’s own programming language (ePL).
XEL Wallet App
XEL are continuously developing and improving the XEL platform. Become a part of community to find out first about our latest news, or seek assistance if you are facing issues.
Tips for securely storing your XEL
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
Article Disclaimer
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .
