Samuel
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Everything posted by Samuel
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I have another variation with a centralized institution and verification levels instead of webOfTrust mechanism, just as a different proposal. What levels of verification do you suggest? And how are they defined? 4 Levels: 1 | Anonymous: Login & Signup with normal user. Just look around, you are not verified yet. (verified: false)2 | Verified: You have been verified by a member with level 3, you now receive Mangos (verified: true)3 | Verificator: If you have been appointed by a member with level 4, you are able to identify other members (verified: true)4 | RootVerificator: As root verifi
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Please don't drop Continue!! The only problem is, I can not help with anything blockchain related, I am simply to inexperienced up until this point. So my main focus will be on the mango variation with stable dividend, but I am open minded helping you out with a forked version and your own parameters.
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Sorry, I took the wrong quote, I meant the fixed amount of 100.000.000 FreiCoins is not suitable, since you will not have an even distribution over the time, even with restricting the income. Just imagining FreiCoin taking of in 3 years. those people having now at the moment 100.000 FreiCoins or 10FreiHours (I don't know the exchange rate at the moment), will still have a little more than 85000 Freicoins. If you have just 1 Million users thats an average of 100 coins per user => not really fair Or am I misunderstanding your point there?
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Unfortunately for me this is a huge task, since I have not really a clue about professional programming. The stuff I have produced so far came just from messing around with bits and pieces I have taught myself. But if you find someone, who can do, go take it, its all open source, I would love to see it! I'll try to learn as much as possible to be more magician (there is a lot of progress, have a look: http://mangos.liv.io) That sounds lovely. One day I will have to come over
- 13 replies
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- basic income
- universal divident
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Fixed amount still doesn't work for me. You would have to set the limited to one 7 billionth'd in order to make it fair, which you can of course do. But why making it complicated when it can be easy
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You can fork it
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Well said! I take that explanation, thank you! ... and will change the underlying algorithm structure Sometimes the simple way is the hardest to find
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FRC Suggests: 5% RTM suggests: 10% WLC suggests: 20% In the end the best value to be found here is a matter of making the experience in a greater community. I have chosen for the demonstration 20% since it will give the mangos a greater velocity. And I have choosen a starting value of 100 Coins (I can change that to 10000000, but is doesn't make a difference!!). As you are suggesting yourself, it is not fair if you start with 5-10 people getting the whole income, and it still is not fair with 1000 people, it will only be fair with 7Billion people. This is exactly that element of time whic
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Jes, this is the simplest way at the moment for me to pull in real name and profile picture, and is the nearest I can get to simulate trust for the moment, don't forget I am not a programmer It is distribute, not redistribute, but anyhow Mangos is exactly this Look at the Coins cell on the people page. Those coins are growing with 20% every year. Mangos is just the relational unit which you can put on whatever value you wish. I have chosen 10 per day, but if you wish 24, I can do Just put your request here: https://github.com/C...N/Mangos/issues Here an easy demonstration to understand th
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This is just the case during the growing phase, the algorithm is made just after the RTM as explained here: http://cuckooland.free.fr/TheRtmForTheKids.html There will be a point where it is going to stabilize. At the moment I have put 10 mangos a day as a UD, in total there is going to be about 18300 Mangos generated be verified person, which is going to be distributed logarithmically over time.
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So, my dear fellows, I have been hard-working the last days and have some progress to report: Now, Mangos has a new home at http://mangos.liv.io There is a new landing page at: http://liv.io If you find bugs or have feature requests, please put them here: https://github.com/CO-OPEN/Mangos/issues Cheers! Love to see you there. Please keep in mind, only if you sign up with Facebook, you will be able to get verified. This is our simulation during the the prototyping stage for a real world handshake.
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It is being redistributed in form of a basic income. So currently Lorenz is paying it to all other accounts, as you can see at the moment.
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The first thing I will do the next days, is to install mangos on my own servers and host it on my own domain, then I come back and work on feature requests and feedback
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I just verified you, please verify me as well before my time runs out What speed would you prefer? A 1 month realworld cycle for 10 fake years?
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I like the speed, it does give it some kind of gaming factor. You will have to signup again, since with an update I had to reset my database, due to incompatibility
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Yes, and I am sure the the innovation curve is going to go up a lot over the next years, on blockchain and decentralized database technologies.
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Fabrizio, where are you living? The simplest explanation for a relational currency would be: For each person there is a fixed amount of coins generated and yearly distributed between all accounts with a demurrage Fee like 5% or 10% So f.e. You, Arcurus and Me are starting each with 1000 Coins = total 3000 Coins We do some heavy, lovely trading of goods and services, now it looks like this: Me: 100 You: 500 Arcurus: 2400 Now every year, everyone will get 100 Coins as UD (Universal Dividend, 10% of the total Coins / 3 people) minus the DF (demurrageFee, 10% of each individuals account) Me: 10
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- basic income
- universal divident
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GO TO Mangos and SignUp: (Be warned, super alpha stadium, everything can break every time) mangos.liv.io Mango generation:Every verified member gets one mango per hourDemurrage Fee: 20%To be fair in the long run and encourage spending of mangos during one year 20% of the mangos are decaying on every verified accountTotal Amount of Mangos to be generated per Person:In some years the money supply per participant would be quite stable with going towards 24 mangos * 365 * 5 ~43.800 mangos per participant at maximum Speed: 1sec interval1 seconds is one virtual minVerification MechanismYou can only
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Totally aware of the rationalization, thats why I think a currency with implemented redistribution mechanism aka universal dividend is such an important thing to be discovered and researched. So, help me playing around with "mangos" and ask for features to be developed, in order to test things out that we can implement it later on in a "real world" currency.
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Well said! I am indeed imagining a combination of the both. I think the most important thing to be learned from ucoin or the theory of relational money is their approach on the general problematic about the unbalanced value increase of coins over the course of time. Meaning in case of Freicoin or any other cryptocurrency, the people in the beginning are getting an amount X of Freicoins, that over time in case of a much greater userbase have an exponentional gain in value, uneven compared to the people entering last. So, people entering first are having an significantly and unfair advantage, wh
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I am planning to finance a 3 months Hackerspace to work deeper on this, have a look at it here: http://forum.ucoin.io/t/a-3-months-hackerspace-who-where-and-when-i-pay/475
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I updated it, now it is available at mangos.meteor.com Looking forward to your feedback.
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I took a deeper look into uCoin and the RelativeMoneyTheory and was quite astound by their approach: They came already up with a finished formula for a demurrage currency, distributing basicIncome regularly and based on the blockchain. And they found a solution to eliminate the need of Mining as well, just look a little bit around in their Forums: forum.ucoin.io To demonstrate their approach, I took the formula and implemented it quickly in my Prototype: mangos.meteor.com Suggestion for all here on the stagnating FreiCoinAlliance and the FreiCoinFoundation, since uCoin has a growing and activ
- 13 replies
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- basic income
- universal divident
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I have setup a test/prototype page here at mangos.meteor.com Discussion to be continued here: https://freicoinalliance.com/topic/140-test-group-basic-income-world-citizens-project-alpha-test-example/
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I have setup a prototype page for a future FreiCoinWCD proposal with integrated WorldCitizenDividend to play around with different factors for research purpose. Please Login with Facebook as a first step of verification. 2.Step verify will be for the moment done manually by me, so just let me know here. http://mangos.meteor.com Current Settings: DemurrageFee : 20% a year, distributed every second. I have set the Fee higher in order to reduce the gap between BasicIncome and Maximum Money, taking 5 years to redistribute all Foundation Funds as a basic Income equally between all verified memb