Thesis Open Access

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

Nygren, Johan


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  <identifier identifierType="DOI">10.5281/zenodo.3255284</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/3255284</alternateIdentifier>
  </alternateIdentifiers>
  <relatedIdentifiers>
    <relatedIdentifier relatedIdentifierType="DOI" relationType="IsVersionOf">10.5281/zenodo.3111697</relatedIdentifier>
  </relatedIdentifiers>
  <rightsList>
    <rights rightsURI="http://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">&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>
  </descriptions>
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