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The idea is that swarm-redistribution maintains a steady redistribution-voltage based on a person´s financial connections and transaction history.

step 1, you make a transaction, a transaction fee sends a small amount of money to a fund. 

step 2, an algorithm checks the address of all accounts that have a negative debt to your account. it then checks each of those accounts for the address of all accounts that have a negative debt to each account. it does this until it reaches the end of that ripple-network.

it then divides the transaction fee fund on all those accounts, and sends a share to each account.

this I call swarm-redistribution (video)

each account has a limit to how much of those funds they can receive. each account only receivesbasic income, implemented through a time-period specific quota.

every time you make a transaction to another person, that creates a pathway for swarm-redistribution. the redistribution you receive eats up that pathway, until it´s closed. in other words, every time someone on ripple has a negative debt to you, that person will receive swarm-redistribution via you, and everyone who has a negative debt to that person will receive it via him. this algorithm clears debts, at a pace that is high enough to provide everyone a liveable basic income.in other words, if you sent 100 XYZ to random_user2, then that connection will grant you up to 100 XYZ of p2p-dividends. a steady stream of swarm-redistribution will flow through that pathway, until it´s closed.in other words, any financial connection you ever create adds to your unique social safety net

every time you make a transaction to another person, that creates a pathway for swarm-redistribution. the redistribution you receive eats up that pathway, until it´s closed. 

in other words, every time someone on ripple has a negative debt to you, that person will receive swarm-redistribution via you, and everyone who has a negative debt to that person will receive it via him. this algorithm clears debts, at a pace that is high enough to provide everyone a liveable basic income.

in other words, if you sent 100 XYZ to random_user2, then that connection will grant you up to 100 XYZ of p2p-dividends. a steady stream of swarm-redistribution will flow through that pathway, until it´s closed.

in other words, any financial connection you ever create adds to your unique social safety net

example : http://peertru.stThe amount of basic income is decided by the web of trust. So too with the % of transaction tax. The p2p-dividend protocols adds % of transaction tax, and amount of basic income, to the ripple IOU-protocol. whenever anyone creates a currency, they can set transaction tax for its swarm-redistribution algorithm, and a p2p-dividend limit to it. They also set the rules for the web of trust (a third party service) that prevents harvesting of multiple dividends.
This means that currencies compete through natural selection.

example : http://peertru.st

The amount of basic income is decided by the web of trust. So too with the % of transaction tax. 

The p2p-dividend protocols adds % of transaction tax, and amount of basic income, to the ripple IOU-protocol. whenever anyone creates a currency, they can set transaction tax for its swarm-redistribution algorithm, and a p2p-dividend limit to it. They also set the rules for the web of trust (a third party service) that prevents harvesting of multiple dividends.


This means that currencies compete through natural selection.

Memetics and P2P-dividends

"…recognizing memes as independent replicators whose only concern is replication of themselves regardless of consequences to the host organism

"…we can now state that the resident memes, both protective and pathogenic, are memes the brain acquired from the meme pool that we call culture.

http://books.google.se/books?id=eOJj-AqE9-AC&lpg=PA21&ots=HMfRrEFEuT&dq=stress%20memes&pg=PA22#v=onepage&q&f=false


P2P-dividend protocols enable a more decentralised flow of memes

Res(ilience)

OpenUDC and uCoin are pioneering this market. They are useful pieces of software. But, I think there are smarter dividend-algorithms then the one they use. I also think ripple - IOUs - is a more self-organizing and scalable solution then limited supply currencies

In early spring 2013, I designed a basic income crypto-currency that I called Res (resilience). I tried to design the smartest system I could come up with. I still think that some of those designs are better then anything I´ve seen around the web.

In short, it´s Ripple + Basic Income. The implementation of dividends follows ripple patterns, and is fully decentralized and p2p. If you can visualize ripple, then just add a layer of redistribution. Redistribution of IOUs. That´s what I would build on. 

So, as no one else has defined Ripple + P2P-dividends, I´ll refer to that system as Res(ilience).