Person-to-person swarm redistribution, building on Ripple, an idea
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May 10, 2018, 7:16:04 PM5/10/18
to Ripple Project
building on an older idea, a design for person-to-person safety net, where each person pays "tax" on IOUs, and that is "redistributed" to those who have credit lines to the person the IOU was made to, and they then propagate that "pulse" to those who have credit lines to them, who continue to propagate it to those who have credit lines to them
https://steemit.com/res-currency/@johan-nygren/person-to-person-swarm-redistribution-fluid-like-properties
https://steemit.com/res-currency/@johan-nygren/person-to-person-swarm-redistribution-fluid-like-properties
Giovanni P
May 11, 2018, 9:31:17 AM5/11/18
to rippleusers
Isn't that just like paying interest on the IOUs?
On Thu, May 10, 2018 at 8:16 PM, email <emailsar...@gmail.com> wrote:
building on an older idea, a design for person-to-person safety net, where each person pays "tax" on IOUs, and that is "redistributed" to those who have credit lines to the person the IOU was made to, and they then propagate that "pulse" to those who have credit lines to them, who continue to propagate it to those who have credit lines to them
https://steemit.com/res-currency/@johan-nygren/person-to-person-swarm-redistribution-fluid-like-properties
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May 11, 2018, 2:51:48 PM5/11/18
to Ripple Project
No. It's a percentage of the IOU, yes. The rules are then different, the amount is sent into swarm redistribution. Originally, it would be divided on a larger network following "dividend pathways" (re-branded credit lines for those who did not know what credit lines were), then with the idea to do it person-to-person (prevents fake accounts), each person instead propagates the "pulse", person-to-person, and "pulses" tend to decrease with distance, but they also converge with other pulses, also a function of distance.
On Friday, May 11, 2018 at 3:31:17 PM UTC+2, Giovanni Parra wrote:
Isn't that just like paying interest on the IOUs?
On Thu, May 10, 2018 at 8:16 PM, email <emailsar...@gmail.com> wrote:
building on an older idea, a design for person-to-person safety net, where each person pays "tax" on IOUs, and that is "redistributed" to those who have credit lines to the person the IOU was made to, and they then propagate that "pulse" to those who have credit lines to them, who continue to propagate it to those who have credit lines to them
https://steemit.com/res-currency/@johan-nygren/person-to-person-swarm-redistribution-fluid-like-properties
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Giovanni P
May 11, 2018, 3:15:49 PM5/11/18
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Looks like interest to me. What would define the timing and amount of the pulses? In what mode would a pulse start before being propagated to others?
May 11, 2018, 4:00:28 PM5/11/18
to Ripple Project
Yes, it's a percentage of an IOU, which looks like how interest is a percentage, and the amount is sent into swarm redistribution.
I was thinking the pulses could be triggered on every IOU, from the "tax", and propagate person-to-person, ideally built on something similar to holochain's ideas. So they would be perpetual, and people could propagate them as long as its beneficial (when they get too small, people probably stop propagating it), and pulses could also converge, so that many small pulses become larger.
It's untested, the original idea from 2012 was that each person gave to lots of people including strangers (tough within the web-of-trust, but still problems with fake accounts), and the latest idea is to do it person-to-person.
The result is similar to demurrage on IOUs, like alexjc's idea here,
https://www.reddit.com/r/CryptoUBI/comments/2qm0nx/my_best_idea_currency_with_demurrage_on_a_trust/
The percentage (tax-rate) could be regulated person-to-person, one idea has been that people set their own tax-rates and inherit what others use, but as a concept a global tax-rate could also be used.
I was thinking the pulses could be triggered on every IOU, from the "tax", and propagate person-to-person, ideally built on something similar to holochain's ideas. So they would be perpetual, and people could propagate them as long as its beneficial (when they get too small, people probably stop propagating it), and pulses could also converge, so that many small pulses become larger.
It's untested, the original idea from 2012 was that each person gave to lots of people including strangers (tough within the web-of-trust, but still problems with fake accounts), and the latest idea is to do it person-to-person.
The result is similar to demurrage on IOUs, like alexjc's idea here,
https://www.reddit.com/r/CryptoUBI/comments/2qm0nx/my_best_idea_currency_with_demurrage_on_a_trust/
The percentage (tax-rate) could be regulated person-to-person, one idea has been that people set their own tax-rates and inherit what others use, but as a concept a global tax-rate could also be used.
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