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Plan Flash: Provider/Render economic system helps expanding and revenue/risk sharing

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Plan Flash: Provider/Render economic system helps expanding and revenue/risk sharing

August 17
02:12 2019

1. Provider/Render economic system helps expanding and revenue/risk sharing

One notable difference from other blockchain-based decentralized cloud projects is that Plan Flash designed an economic system structure contains of Providers and Renters, which plays an important role to accelerate the deployment of cluster-fog structure computing resources globally in a large scale.

All the providers in other projects take most all the revenue as well as risks if no task distributed to them. The higher the risk of no revenue, the less probability to attract providers accessing the network, which results in less computing power to serve the users/consumers. The negative cycle would lead the whole project into a dead end.

Plan Flash solves this dilemma by bringing in visionary investors as its community. As mentioned above, the computing resources are mostly high-quality and provided by professional operator, so we could provide solid services at the beginning. However, since PROVIDER’s fixed investment is relatively higher than individual computers, Plan Flash brings RENTER to pay a fixed rent to them for decreasing the uncertainty of income. In exchange, all the fee paid by consumers would go directly to the renters’ wallet. If the provider is confident with its node, he/she could also rent the processors in its node and take all income.

2. Transparent computing open marketplace where all records are on-chain and online.

All task and revenue records are completely on-chain and online. Plan Flash is built on Ethereum and S Block with cross-chain technologies. Plan Flash applies a step-by-step upload-on-chain approach to ensure decentralized documentation of all records. High-frequent task records and incomes records will be synchronized at all times on a side chain of S Block, while income settlement will adopt SBO (ERC20 Token) issued on Ethereum to ensure the disclosure of capital settlement on the upper chain. All information can be viewed and verified from time to time through the block browser.

3. Data-Processing-based PoS system allows to ensure the reliability of the partner.

Task assignment, computation validation, and expense allocation algorithms are deployed on Blockchain with consensus of Data-Processing-based Delegated Proof of Stake (2DPoS in short) as a side chain of S Block. This consensus method comprehensively measures historical task requesting, computing power provision and data processing quality contribution, etc. Such factors reflect a time-weighted contribution of Plan Flash network. Thus, Plan Flash prevents bribery or ballot rigging which DPoS mechanism are faced with, meanwhile enjoying the advantage of high TFS of classical DPoS structure.

4. Plan Flash has already achieve a global scalability.

With a wide-spreading deployed network, Plan Flash has already set up our ‘cluster fog’ service among most economic centers around the globe. Consumers could execute their data processing tasks in the closest node, enjoying high efficiency and low cost of the service. As Plan Flash brings in more renters, our network would be expanding in a much higher speed and reach larger scale.

One of the best upcoming Blockchain project with great potential and real application

Undoubtedly, Plan Flash is one the best upcoming Blockchain project with great potential and real application this year. It has already launched its test main net and invite the first group of initial processor providers, exclusive investors and commercial users. The technologic and economic status of Plan Flash are performing quite great so far. The test main net is also coming to the pubic soon. In this version, Plan Flash could complete the basic ecosystem includes providers/renters/requesters and developers. We could expect a lot for Plan Flash’s rapid development in near future.

In long run, Plan Flash can be considered both Infrastructure-as-a-Service (IaaS), as well as Platform-as-a-Service (PaaS). It will support the emerging class of blockchain-based distributed applications and enable cost effective high-performance computing by building a decentralized cluster-fog infrastructure, which will allow on-demand, secure and low-cost access to the most competitive computing infrastructures. The decentralized cluster-fog will open new markets for aggressive usage of existing computing infrastructures in a practical manner. Plan Flash would become the data processing infrastructure in the upcoming intelligent age.

Behold, The Flash is coming!

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