So after watching https://qubic.iota.org/ iota Q teaser.

most people focus on oracles and smart contracts.

The distributed computing part to me is probably the most interesting one .

Imagine you can distribute computing everywhere with a thing called JINN that distributes the work to a lot of IOT devices

Think of JINN as BOINC https://boinc.berkeley.edu/ but in a distributed way just available everywhere

so most ppl think jinn will be doing POW fast or cheap for iota but I think it’s somtehing different.

So how is BOINC used today, think of the the SETI project :

how I see it :

I want to mine eth . so instead of doing the mining on one cpu/gpu in my basement . . i’ll split the task into a million mini tasks .. run them trough jinn(s) to a million iot devices and hope i can win the eth mining lotery and fees. i’ll pay all the iot devices that help with iota currency. and sell eth on the market to buy more iota.

if this is a profitable scenario. i think all cpu/gpu pow blockchains are going to be in trouble.

disclaimer: extreme iota fanboy , and i don’t care about spelling.