Zennet

Computation power is traded on Zennet 's open market platform. Anyone can rent computation power and use it to run arbitrary tasks. Anyone can monetize their hardware by offering unused computation power for sale. Zennet allows Publishers who need computation power to run arbitrary computational tasks. Computation power is supplied by Providers for... a negotiated fee. A free-market infrastructure brings Publishers and Providers together. Publishers can hire many computers and run whatever they want on them safely, thanks to cutting-edge virtualization technology. Payment is continuous and frictionless, thanks to Blockchain technology, among other technologies that shall be discussed later on. The network is 100% distributed and decentralized: there is no central entity of any kind, just like Bitcoin. All software will be open source. Publishers pay Providers directly, there is no middleman. Accordingly, there are no payable commissions, except for regular transaction fees which are being paid to XenCoin miners. It is a totally free market: all participants are free to pay or charge by any rate they want. There are no restrictions. Hence, we put additional focus on customizability. We allow advanced participants to control all parameters and conditions of their nodes in a versatile way. On the other hand, simplicity and automation are made possible by making the client software implement automatic risk-reward considerations by default. In addition, we present a novel pricing model. So how are we going to implement all this cool stuff? If you don't really care about the implementation, you may want to jump to the Distributed Computations and Virtualization or Economic Aspects sections. General FlowRead More