Quote from: HunterMinerCrafter on November 03, 2014, 03:16:58 PM

Now can we get off of this silly valuation talk and get back to Zennet discussions, please? Grin

Some economical aspects on Zennet (will slowly make this list longer):

1. If you hire 10 or 100 computers for the same task, the latter option will indeed run ~10 times faster, yet you will pay exactly the same thanks to the stationarity of the pricing algo.
2. Entities who buy a lot of Zencoins, usually do it in order to calculate something, hence spread them back to the people right away.
3. Hoarding coins by the providers is bounded, unlike other coins. Bitcoin has no apparent 'upper limit'. But Zencoin cannot worth 'too much': roughly saying, it cannot make the home pc cost more than aws, since the competition will balance such a situation. (leaving aside that zennet being more expensive than aws is hypothetically possible, if zennet gives more speed etc. and actually worths more).
4. Zencoin less depends on variables exogenic to the computation market, since it should not be used for other cases like buying coffee or car.
5. The growth of the amount of hardware is maybe the world's most craziest thing over the last decades.
6. Zennet presents a novel pricing formula, which can be used to price other assets as well, even when the underlying components of value are totally unknown. http://zennet.sc/zennetpricing.pdf
7. The amount of fortune being wasted by idle computers is unimaginable.
8. The micropayments algorithm assures a frictionless (no fee, off-chain) transfer of coins every few seconds or even less.
9. The waste of thrown out old computers turns out to be huge and toxic. Once they'll be able to generate income, less PCs will be damped.
10. Zennet is about 30% more efficient than AWS because of new-generation virtualization technology.
11. It's a totally free market. Anyone can set their price freely, while the payment is p2p with no middle fees at all (except standard tx fees).
12. Zennet breaks big monopolies and spreads a lot of fortune to the people.
13. One of the pricing algorithm advantages is ability to optimally take into account variances between hardwares, or between different times over the same hardware.