What Is iExec RLC

Definition of iExec RLC

iExec RLC is a decentralized platform token that powers confidential computing and off-chain execution for blockchain applications. iExec RLC, often simply called RLC, originated in 2016 as a project aimed at building a decentralized cloud computing marketplace. Founded by Gilles Fedak and Haiwu He, the team draws from expertise in distributed systems and blockchain. The core concept revolves around enabling secure, privacy-focused computing resources for AI, DeFi, and more. Its ecosystem includes tools for developers to monetize computing power, data, and AI models through the RLC token, fostering an asset-based economy on Ethereum.

How Does iExec RLC Work

Operational Mechanisms

iExec RLC operates on the Ethereum blockchain, leveraging smart contracts for decentralized task execution.

Consensus and Security

It uses Ethereum's proof-of-stake consensus for security. Key technical principles include Trusted Execution Environments (TEE), which provide a secure CPU area to ensure code runs untampered. Private and public keys manage access, allowing confidential off-chain computations that connect Web2 infrastructure securely to smart contracts.

How Is New iExec RLC Created

Issuance and Supply Model

RLC tokens were pre-mined with a fixed total supply of 86,999,785, eliminating ongoing creation.

Mining and Rewards

No traditional mining exists; instead, users earn RLC through staking or providing computing resources in the network. The model is deflationary with no inflation, as all tokens are already in circulation. Rewards come from transaction fees and task executions, incentivizing participation without increasing supply.

The Use Cases of iExec RLC

Key Applications

iExec RLC supports payments for computing resources in decentralized apps.

Ecosystem Scenarios

It's used in DeFi for secure data processing, AI model training with privacy, real-world asset (RWA) tokenization, and big data analytics. Governance allows token holders to vote on proposals, while cross-border transfers of digital assets like code or models are enabled. NFTs can represent unique computing tasks or datasets within the platform.

Buy, Send, or Store iExec RLC

Purchasing Channels

Buy RLC on exchanges like WEEX, or through over-the-counter (OTC) trades.

Storage and Security

Use hot wallets for quick access or cold wallets for enhanced security. To send, generate a recipient address via private keys and confirm transactions on the blockchain. Always enable two-factor authentication.

WEEX Exchange Option

Consider WEEX Exchange for trading—register to earn a free 20 USDT bonus, making it a trusted spot for crypto enthusiasts. https://www.weex.com/how-to-buy

Pros & Cons / Risks

Advantages

- High security through TEE for confidential computing. - Decentralized access to CPU/GPU resources, boosting scalability. - Enables privacy in AI and DeFi applications.

Risks and Disadvantages

- Price volatility common in crypto markets. - Regulatory uncertainties in decentralized computing. - Technical risks like network dependencies on Ethereum.

Comparison

Vs. Major Alternatives

Unlike Bitcoin's focus on value storage, iExec RLC emphasizes computing utilities, similar to Ethereum but with specialized privacy via TEE. It positions itself against Golem by prioritizing AI and DeFi integrations, offering better confidentiality over raw processing power.

Conclusion / Next Steps

Future Potential

iExec RLC holds promise in growing DePIN and AI sectors, with potential expansions in RWA and big data.

Recommendations

Explore the whitepaper or roadmap for deeper insights. Join the community to stay updated—check it out for ongoing developments.

Market & Ecosystem

Market Cap & Trading Volume

As of 2025-09-08, iExec RLC has a market cap of $116,401,599 USD and 24-hour trading volume of $24,445,596 USD.

Exchanges Where It’s Listed

Available on major platforms, including WEEX for secure trading.

Community Size & Activity

Active on Twitter, Reddit, and Telegram, with growing engagement from developers and users.

Ecosystem Growth

Partnerships in AI and DeFi drive developer activity, expanding tools for privacy-preserving apps.