I've seen that you project is based on assumption that decenralized file convertation will be cheaping. Can you present any figures (to feel the difference). I also can not understand why specialized equipment with specialized software (cloud servers) are less effective than a bulk of mobile devices.
Very true, but if you have read our white paper, you will realize that we stated a method to handle these conversion, example is splitting a file invery little chunks of pieces say 5seconds each and distributed to the workers, this way even smartphones can process them very fast. Targeting smartphone users can also help provide a cheaper resources.