iExec RLC RLC

About

What Is iExec RLC (RLC)?

iExec tools make it easy to build privacy-first applications with programmable governance, data protection, and confidential processing integrated. This allows builders to give users full control of their data and its access, while enabling new models for sharing and monetization.

We’re creating a world where every transaction, dataset, and application contributes to a safer, more private, and shared economy for users.

What Makes iExec RLC Unique?

iExec stands apart by offering privacy tools powered by TEEs, making confidential computing simple to integrate for developers. With ready-to-use components like DataProtector and Web3Messaging, builders can add encrypted processing, private communication, and secure data access without managing infrastructure. iExec transforms complex privacy tech into tools that anyone can use to build applications where data ownership and confidentiality are the default.

How Many iExec RLC (RLC) Are There in Circulation?

IExec RLC (RLC) is a cryptocurrency on the Ethereum platform. More specifically, RLC is an ERC-20 compliant digital asset.

RLC can be easily and securely stored, transferred, traded and divided as well as used to make transactions.

How Is the iExec RLC Secured?

The iExec network is secured through Trusted Execution Environments (TEEs), which protect computations by keeping data encrypted even while in use. On top of this, the network relies on a Proof-of-Contribution consensus mechanism, ensuring that work completed by providers is validated, verified, and rewarded transparently on-chain.

Who Are the Founders of iExec RLC?

When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science.

Haiwu He is the co-founder and head of APAC at iExec. Before that, he was a professor at the Chinese Academy of Sciences, an innovation transfer research engineer at ENS Lyon, the co-founder of iRentCPU, a research engineer expert at INRA and an assistant professor at Hohai University. He has a Ph.D. in computing sciences.

This means that iExec is built upon the work of team members who have done INRIA and CNRS research in the field of desktop grid computing.

Where Can You Buy iExec RLC (RLC)?

When it comes to the top exchanges for trading in iExec RLC, these include:

Feel free to find more at our crypto exchanges page.

AI Analysis

Analyzed on March 2, 2026

What is the iExec RLC (RLC) cryptocurrency good for? What are its main use cases?

The iExec RLC (RLC) cryptocurrency is the native token of the iExec decentralized cloud computing platform. It powers a marketplace for on-demand computing resources, enabling users to rent computing power, data, and applications in a decentralized manner. Here are its main use cases:

1. Payment for Cloud Computing Resources

Users pay for CPU, GPU, and storage resources on the iExec network using RLC.
Developers and businesses can access distributed computing power without relying on centralized cloud providers like AWS or Google Cloud.

2. Decentralized Application (dApp) Development

RLC is used to deploy and run decentralized applications on the iExec network.
Developers can monetize their apps by selling compute resources or data services.

3. Data Monetization & Marketplace

Data providers can sell datasets (e.g., AI training data, IoT data) to buyers using RLC.
The platform ensures secure, verifiable, and fair transactions via blockchain.

4. Staking & Network Security

RLC holders can stake tokens to participate in the network’s consensus mechanism (PoS-based).
Stakers earn rewards for contributing to computing power, storage, and security.

5. Governance & Voting

RLC token holders can vote on platform upgrades and governance decisions.
The community helps shape the future of the iExec ecosystem.

6. Cross-Chain Interoperability

iExec supports multi-chain operations, allowing RLC to be used across different blockchains (e.g., Ethereum, Polygon, Tezos).

Who Benefits from RLC?

Developers needing scalable compute power.
Data scientists looking for AI/ML training datasets.
Enterprises seeking decentralized cloud solutions.
Investors staking RLC for passive income.

Conclusion

RLC is a utility token that enables a decentralized cloud computing economy, making it useful for developers, data providers, and businesses looking for an alternative to traditional cloud services. Its use cases align with the growing demand for Web3 infrastructure, AI computing, and decentralized data markets.

Would you like more details on any specific aspect?

Answered by mistral-small-latest (mistral)

What blockchain does iExec RLC use? Is it its own blockchain or built on top of another?

iExec RLC operates on its own dedicated blockchain, which is built on top of Ethereum as a Layer 2 (L2) solution. Specifically, iExec uses a hybrid architecture that combines:

Ethereum (Layer 1) – For smart contracts, tokenomics (RLC token), and decentralized governance.
iExec’s Custom Blockchain (Layer 2) – For high-performance, scalable off-chain computation and distributed cloud computing tasks.

Key Features of iExec’s Blockchain:

Off-Chain Computation: iExec processes heavy computational tasks off-chain to reduce Ethereum gas costs and improve scalability.
Proof-of-Contribution (PoCo): A consensus mechanism that rewards participants (workers, requesters, and delegators) for contributing resources.
Interoperability: While primarily Ethereum-based, iExec can interact with other blockchains via bridges or oracles.

Why Not a Standalone Blockchain?

iExec leverages Ethereum’s security and decentralization while optimizing for performance through its L2 solution. This hybrid approach allows it to focus on distributed cloud computing without the overhead of maintaining a fully independent blockchain.

Would you like details on how iExec’s consensus or tokenomics work?

Answered by mistral-small-latest (mistral)

Is iExec RLC programmable? Does it support smart contracts or decentralized applications?

Yes, iExec RLC (RLC) is programmable and supports smart contracts and decentralized applications (dApps). Here’s how it works:

1. Smart Contracts on iExec

iExec uses Ethereum-compatible smart contracts (written in Solidity) for its core functionality.
The RLC token is an ERC-20 token, and its smart contracts are deployed on Ethereum.
iExec also has its own decentralized cloud computing platform, which allows developers to deploy and execute smart contracts for distributed computing tasks.

2. Decentralized Applications (dApps)

iExec provides a decentralized marketplace for cloud computing resources, where developers can request and pay for computing power using RLC.
Developers can build dApps that leverage iExec’s off-chain computation (via WebAssembly-based workers) while interacting with on-chain smart contracts.
The platform supports trustless execution of tasks, ensuring security and transparency.

3. Key Features for Developers

Off-Chain Computation: iExec allows running complex computations off-chain while settling payments on-chain.
WebAssembly (WASM) Workers: Developers can write workers in languages like Rust, Go, or Python and deploy them on iExec’s decentralized cloud.
Orchestrator & Scheduler: Ensures tasks are distributed securely across a decentralized network.
RLC Token: Used for payments, staking, and governance.

4. Use Cases

AI & Machine Learning: Running distributed AI training tasks.
Big Data Processing: Decentralized data analysis.
DeFi & Predictive Markets: Off-chain computation for complex financial models.

Conclusion

Yes, iExec RLC is programmable and supports smart contracts and dApps, making it a powerful platform for decentralized cloud computing. Developers can build applications that combine on-chain governance with off-chain computation.

Would you like guidance on how to develop a dApp on iExec?

Answered by mistral-small-latest (mistral)

How fast are iExec RLC transactions? What is the typical confirmation time and throughput (transactions per second)?

iExec RLC (RLC) is a decentralized cloud computing platform that leverages blockchain technology to enable secure and scalable off-chain computation. The speed of transactions on the iExec network depends on several factors, including network congestion, gas fees, and the consensus mechanism used.

Transaction Confirmation Time

Typical Confirmation Time: Transactions on the iExec RLC blockchain usually take a few seconds to a few minutes to confirm, depending on network conditions.
Consensus Mechanism: iExec uses a Proof-of-Contribution (PoCo) consensus model, which is designed to be efficient but may vary in speed compared to other blockchains like Ethereum or Solana.

Throughput (Transactions Per Second - TPS)

Estimated TPS: iExec RLC is not as high-throughput as some Layer 1 blockchains (e.g., Solana or Avalanche), but it is optimized for decentralized computing rather than pure transaction speed.
Real-World Performance: In practice, iExec can handle dozens to hundreds of transactions per second, depending on network load and the complexity of the computations being executed.

Comparison to Other Blockchains

Ethereum (Layer 1): ~15-30 TPS (pre-Ethereum 2.0)
Solana: ~50,000 TPS (theoretical)
iExec RLC: ~10-100 TPS (estimated, varies with workload)

Factors Affecting Speed

Network Congestion: Higher demand slows down confirmations.
Gas Fees: Higher fees can prioritize transactions.
Off-Chain Computation: Since iExec focuses on decentralized computing, some tasks are processed off-chain, reducing on-chain load.

Conclusion

iExec RLC transactions are moderately fast, with confirmations typically taking seconds to minutes, and throughput ranging from dozens to hundreds of TPS. For high-speed transactions, iExec may not compete with the fastest Layer 1 blockchains, but it excels in secure, decentralized computing.

Would you like details on optimizing transaction speed or gas efficiency on iExec?

Answered by mistral-small-latest (mistral)

How much data can I store on the iExec RLC blockchain? Does it support on-chain data storage?

The iExec RLC blockchain is primarily designed for decentralized cloud computing and off-chain data storage, rather than on-chain storage. Here’s a breakdown of its data storage capabilities:

1. On-Chain Data Storage (Limited)

iExec RLC is built on Ethereum (as an ERC-20 token) and later migrated to its own blockchain.
On-chain storage is limited due to high costs and scalability constraints (similar to Ethereum).
Smart contracts can store small amounts of data (e.g., hashes, pointers, or metadata), but not large datasets.

2. Off-Chain Data Storage (Recommended)

iExec’s decentralized cloud allows for off-chain storage via its decentralized storage providers (DSPs).
Large datasets (e.g., machine learning models, datasets, or files) are stored off-chain and referenced via content-addressed hashes (e.g., IPFS, Swarm, or iExec’s own storage solutions).
iExec’s marketplace enables secure, decentralized computation on off-chain data.

3. Storage Capacity & Costs

On-chain: Limited by gas costs (similar to Ethereum).
Off-chain: Depends on the storage provider (e.g., IPFS, Swarm, or iExec’s own network).
Costs: Typically cheaper than on-chain storage, but depends on demand and provider pricing.

Conclusion

For small metadata or hashes: Use on-chain storage (via smart contracts).
For large datasets: Use off-chain storage (IPFS, Swarm, or iExec’s decentralized cloud).
Best for: Decentralized computing, not pure on-chain data storage.

Would you like details on how to integrate iExec’s storage solutions?

Answered by mistral-small-latest (mistral)

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