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.