There is a newer version of this record available.

Thesis Open Access

Resilience: multi-hop tax reallocation in Ripple for guaranteed basic income

Nygren, Johan

DataCite XML Export

<?xml version='1.0' encoding='utf-8'?>
<resource xmlns:xsi="" xmlns="" xsi:schemaLocation="">
  <identifier identifierType="DOI">10.5281/zenodo.3250239</identifier>
      <creatorName>Nygren, Johan</creatorName>
    <title>Resilience: multi-hop tax reallocation in Ripple for guaranteed basic income</title>
    <date dateType="Issued">2019-05-22</date>
  <resourceType resourceTypeGeneral="Text">Thesis</resourceType>
    <alternateIdentifier alternateIdentifierType="url"></alternateIdentifier>
    <relatedIdentifier relatedIdentifierType="DOI" relationType="IsVersionOf">10.5281/zenodo.3111697</relatedIdentifier>
    <rights rightsURI="">Creative Commons Attribution 4.0 International</rights>
    <rights rightsURI="info:eu-repo/semantics/openAccess">Open Access</rights>
    <description descriptionType="Abstract">&lt;p&gt;ABSTRACT: Ripple, the multi-hop mutual credit system invented by Ryan Fugger in 2003, is an ideal topology for a new type of mass-scale redistribution of wealth. The credit lines in Ripple can be used as conduits for reallocation of transaction taxes, achieving scalability by &amp;quot;multi-hop routing&amp;quot;, the same design philosophy that governs data transmission on the internet. Tax is reallocated by &amp;quot;hopping&amp;quot; from person-to-person along credit lines, analogous to packages of data in TCP/IP, propagating until it finds a person without an &amp;quot;income&amp;quot;. This new mechanism for redistribution of wealth is fault tolerant, has no central points of control, and scales to infinite size.&lt;/p&gt;</description>
All versions This version
Views 3,54181
Downloads 1,69250
Data volume 280.8 MB9.3 MB
Unique views 2,71072
Unique downloads 1,37249


Cite as