iExec RLC Price

iExec RLC
iExec RLCRLC

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Market Stats

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Price
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RLC

RLC

iExec RLC

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RLC

RLC

iExec RLC

  • Price

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    N/A iExec RLC

What is iExec RLC (RLC)?

iExec RLC is the native token of iExec, a confidential computing platform that enables privacy-first decentralized applications. Built within the Ethereum ecosystem and Arbitrum ecosystem, iExec utilizes the Proof of Contribution (PoCo) protocol to allow applications to be ordered, executed, and settled on data they never see, backed by hardware-enforced confidentiality and verifiable on-chain proofs.

Unlike traditional cloud infrastructure and standard smart contracts where data or code execution must be visible, iExec provides hardware-enforced confidential computing. Using Intel TDX enclaves, code executes off-chain on data that is never exposed in the clear to the compute provider or the model owner. Off-chain execution is matched, validated by worker consensus, and verified on-chain via the Proof of Contribution (PoCo) protocol.

The RLC token serves as the native asset of the iExec network, where it is used to settle payments for off-chain computing tasks, datasets, and applications. Additionally, independent worker nodes stake RLC to contribute computing power and validate execution results across the network.

iExec uses a consensus mechanism known as Proof of Contribution (PoCo). PoCo matches compute supply and demand on-chain, oversees the execution of tasks inside hardware-secured enclaves, and validates the computation results against a consensus of independent worker nodes before settling payments.

Developers and users can interact with the iExec ecosystem through the iExec SDK via a Command Line Interface (CLI) or a JavaScript library (npm install iexec). It enables users to interact directly with the decentralized marketplace to run off-chain computations, deploy confidential applications (iApps), or encrypt and monetize data using DataProtector.

iExec RLC can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

Traditional cloud, API, and AI model providers require data to be decrypted, exposing sensitive workloads—such as patient records, trading positions, or industrial secrets—to machine operators. Furthermore, standard public blockchains keep all state and smart contract data public, and typical off-chain computing provides no verifiable proof of what was run. iExec resolves these issues by keeping data encrypted during execution inside secure enclaves and providing hardware-backed, on-chain verifiable attestation for every computation.

Yes, developer tools such as the iExec SDK repository are publicly available on GitHub, where developers can review the code, build the library, and contribute to the ecosystem.

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