May 22, 2019 Thesis Open Access

Nygren, Johan

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{
  "description": "<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>", 
  "license": "https://creativecommons.org/licenses/by/4.0/legalcode", 
  "creator": [
    {
      "affiliation": "Unaffiliated", 
      "@type": "Person", 
      "name": "Nygren, Johan"
    }
  ], 
  "headline": "Resilience: multi-hop tax reallocation in Ripple for guaranteed basic income", 
  "image": "https://zenodo.org/static/img/logos/zenodo-gradient-round.svg", 
  "datePublished": "2019-05-22", 
  "url": "https://zenodo.org/record/3250239", 
  "@context": "https://schema.org/", 
  "identifier": "https://doi.org/10.5281/zenodo.3250239", 
  "@id": "https://doi.org/10.5281/zenodo.3250239", 
  "@type": "ScholarlyArticle", 
  "name": "Resilience: multi-hop tax reallocation in Ripple for guaranteed basic income"
}