What is iExec RLC (RLC)?

Deep Dive

1. Purpose & Value Proposition

iExec tackles the challenge of privacy in decentralized applications (dApps). Its core value is enabling confidential computing, where sensitive data and code can be processed without being exposed to the network or the provider. This allows builders to create applications where user data ownership and privacy are default features, opening new models for secure data monetization and sharing in sectors like DeFi, AI, and real-world assets (CoinMarketCap).

2. Technology & Architecture

The platform's privacy is powered by Trusted Execution Environments (TEEs), which are secure, isolated areas within a processor (using technology like Intel TDX). Developers can use iExec's ready-made tools—such as DataProtector for encrypted data and Web3Messaging for private communication—without managing the underlying infrastructure. The network originally operated on its own sidechain but has migrated to be multi-chain, now live on Ethereum and Arbitrum to improve scalability and accessibility.

3. Tokenomics & Utility

RLC is a standard ERC-20 token with a fixed maximum supply of approximately 86.99 million coins, all in circulation. Its primary utility is as the network's currency: it is used to pay for app execution, access confidential datasets, and reward resource providers. The token is also integral to the ecosystem's security and governance, as it can be staked by participants to earn rewards and influence decisions.

Conclusion

iExec RLC is fundamentally the fuel and governance token for a decentralized network that simplifies hardware-grade privacy for developers, enabling a new wave of confidential applications. How will its tooling evolve to meet the growing demand for privacy in on-chain finance and AI?