Thesis Open Access
Nygren, Johan
<?xml version='1.0' encoding='utf-8'?> <resource xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://datacite.org/schema/kernel-4" xsi:schemaLocation="http://datacite.org/schema/kernel-4 http://schema.datacite.org/meta/kernel-4.1/metadata.xsd"> <identifier identifierType="DOI">10.5281/zenodo.3250239</identifier> <creators> <creator> <creatorName>Nygren, Johan</creatorName> <givenName>Johan</givenName> <familyName>Nygren</familyName> <affiliation>Unaffiliated</affiliation> </creator> </creators> <titles> <title>Resilience: multi-hop tax reallocation in Ripple for guaranteed basic income</title> </titles> <publisher>Zenodo</publisher> <publicationYear>2019</publicationYear> <dates> <date dateType="Issued">2019-05-22</date> </dates> <resourceType resourceTypeGeneral="Text">Thesis</resourceType> <alternateIdentifiers> <alternateIdentifier alternateIdentifierType="url">https://zenodo.org/record/3250239</alternateIdentifier> </alternateIdentifiers> <relatedIdentifiers> <relatedIdentifier relatedIdentifierType="DOI" relationType="IsVersionOf">10.5281/zenodo.3111697</relatedIdentifier> </relatedIdentifiers> <rightsList> <rights rightsURI="https://creativecommons.org/licenses/by/4.0/legalcode">Creative Commons Attribution 4.0 International</rights> <rights rightsURI="info:eu-repo/semantics/openAccess">Open Access</rights> </rightsList> <descriptions> <description descriptionType="Abstract"><p>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 &quot;multi-hop routing&quot;, the same design philosophy that governs data transmission on the internet. Tax is reallocated by &quot;hopping&quot; from person-to-person along credit lines, analogous to packages of data in TCP/IP, propagating until it finds a person without an &quot;income&quot;. This new mechanism for redistribution of wealth is fault tolerant, has no central points of control, and scales to infinite size.</p></description> </descriptions> </resource>
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