Beyond the Cloud

As I understand it, blockchain mining (for any cryptocurrency or service that relies on blockchain) is ‘Pleasingly Parallel’ also referred to as ‘Embarrassingly Parallel’. This means, the work can be distributed over a massive cluster of computers easily as each discreet piece of work doesn’t depend on adjacent pieces of work.

A possibly place where perhaps billions of CPU cores spend large amounts of time idle is in the handsets of the 2 billion odd smart phones on this planet.

Now, I’m not suggesting sneakily running mining jobs on peoples handsets, but I am suggesting a type of service that offers freememium type sell…. you can grant content, access or any digital experience to users if they allow perhaps 2 or 3 hours a day of mining to take place on their handset. This can be implemented via an SDK that any content vendor can integrate to their app. The user is kind of paying a micro fee for content by allowing the said amount of mining to take place. The micropayment is received by the content provider from the Broker.

So to put it another way… you create an sdk that if all goes well, will get installed on say 100 million mobile handsets via the partner network of apps. The 100 million devices allow for 300 million compute hours per day. Of that 300 million compute hours, let’s say a load of blockchain is mined and cryptocurrency is earned by the broker.

The earnings are distributed to the partners (who distributed the SDK) minus commission in either cryptocurrency or normal currency. The consumer who consented to allow their CPU to be used are credited with content, subscription, app tokens etc.

This is a possible practical use of the 2 billion or so SmartPhone CPU’s because of the ‘Embarrassingly Parallel’ nature of blockchain mining.

win:win:win?
Broker – makes some SW an some money.
Partner Network – receives micropayment from consumers.
Consumers – are able to pay for content via a bit of SmartPhone Charging and heat dissipation.
and at the other end – who ever it was who wanted a blockchain ledger – now has one.

Leave a Comment