Today we will continue to discuss the theme of why anyone would use Sparkster’s Decentralized Cloud.
If you don't know much about Sparkster here is a brief explanation: Sparkster’s Decentralized Cloud aims to disrupt the traditional cloud computing industry, currently dominated by the likes of Amazon and Microsoft.
We are going to look at how decentralized technology can be used to fundamentally disrupt that industry. We assert that the future of cloud computing is decentralized, in this Tech Tuesday we will explain why.
Traditional data centres are full of large and expensive hardware and equipment, such as air conditioning units, diesel generators and UPS backup power etc. But if we were to construct a data centre that consisted of devices you own, like a mobile phone or desktop computer over a decentralized network, the cost would so low, it would put traditional cloud providers out of business.
Sparkster has designed decentralized cloud computing in a way that if more people join the network we are able to process more transactions concurrently. The cost of renting your device is in your hands and you make the decision of how much to charge for the use of your device. As more people join the network there's more competition and that competition results in prices being driven down, which means over time not only have we eliminated a significant part of the cost involved in running a cloud, we're eating into the profits that Amazon earns by providing this service.
Decentralized cloud computing could be delivered at a cost that's disruptive to traditional cloud computing, at a price point that they will never be able to compete with unless they adopted a similar decentralized model. The cloud computing industry will be disrupted by decentralized cloud computing and Sparkster is leading the charge. For any such service to be successful, two things are required:
If we're going to move the huge number of transactions over from the traditional cloud to a decentralized cloud, the very first thing we need is high TPS. Sparkster has the highest claims in the industry. Our architecture is able to deliver unlimited TPS, but 10 million transactions a second is practical. We have demonstrated this publicly LIVE on our YouTube channel, showing 52,000 transactions a second were achieved. We have amongst the highest demonstrable claims in the industry. High TPS allows us to ensure that our network can handle the load, this is not only critical to long term success, it is necessary for customer adoption.
Secondly, a network requires ultra low latency. Low latency means when you try and make a payment or you try and transfer tokens from one place to another place, it happens very fast. Being able to have extremely low latency less, than one second, is critical to being able to run business applications. As you can imagine, nobody is going to wait around at a McDonalds for long consensus or confirmation times.
In centralized environments, these transactions are being executed in less than one second. So being able to deliver in an architecture that enables you to have extremely low latency, is critical and some of our weekly tech articles from our tech team are discuss how Sparkster is delivering ultra low latency.
Another important element to consider for the adoption of this environment, is architectural transparency. Architectural transparency means you don't need to understand the architecture of blockchain environments, things like consensus or distributed hash tables. The Sparkster decentralised cloud allows you to focus solely on WHAT you want to achieve, without worrying about HOW it works behind the scenes. In technical terms, we use abstractions and interfaces, but again, how doesn't matter for the purpose of this article.
As you may already know, Sparkster provides an environment for building applications without coding but rather using blocks of logic that are in plain English. Our platform makes software development at least a hundred times faster than traditional software development, so we not only provide architectural transparency, but we substantially reduce the hurdles to adoption, by enabling anybody and everybody to build applications for the sparkster decentralized cloud.
Technical Update
This week we have come up with a theoretical way in which we might be able to substantially increase the number of transactions per second that we're seeing inside of our blockchain.
For those of you who have seen some of our previous videos you will know that we are able to achieve a thousand transactions a second per cell. A cell is a blockchain, and how we achieve high TPS by having multiple cells that don't interact with each other. By not interacting, we can talk to them in parallel and that's how we achieve a network-wide extremely high TPS, and how your applications achieve the highest TPS in the industry. We cover this in more detail in our YouTube videos
Within each cell up to this point, we have been limited or bound to a thousand transactions a second, now we are potentially able to achieve significantly higher than a thousand transactions a second. At this point it's still theory and we have to build it and test it before we can announce what the TPS per cell has increased to. Naturally this will take some time but the good news is that it is a meaningful breakthrough, so there will be more coming out about this soon.