I think what GP is saying is you can drop an absolute value every e.g. 8192 elements (or even orders of magnitude more if you're actually processing GBs of element) and this frees you to compute the blocks in parallel threads in a dependency free manor. The latency for a block would still bound by the single core rate, but the throughput of a stream is likely memory bound after 2-3 cores. It still hurts the point of doing delta compression, but not nearly as bad as every 16 values would.

Even if one is willing to adopt such an encoding scheme, you'd still want to optimize what you have here anyways though. It also doesn't help, as mentioned, if the goal is actually latency of small streams rather than throughput of large ones.