Back to all discussions

  •   over 8 years ago

A Blockchain based Universal Basic Income Distributor

Usecase:
Equitable distribution of context-specific currency representing a real constraining resource.

If the government ever decides to create special food money,
which can be exchanged for nothing but food,
then this is the kind of system that would keep track of such an imaginary resource allocation.

Implementation Considerations:
Transaction handling (Help Welcome):
- Use a private ethereum testnet for the users and transactions to live in, as specified at:
https://souptacular.gitbooks.io/ethereum-tutorials-and-tips-by-hudson/content/private-chain.html

- Smart Contract factories to customize individual transactions:
for mechanisms such as rental payments, loan agreements and metadata collection

Dapp Server:
https://github.com/ethereum/wiki/wiki/JSON-RPC

Wallet Interface (Help Required):
Somebody with an interest in prototyping a non-reader friendly interface to this would be very welcome.

  • 1 comment

  •   •   over 8 years ago

    Specifically for prototyping and in ethereum terms, I'm thinking of creating a testnet with a low mining difficulty setting and a high gasLimit to allow transactions to take place easily enough. And set a liquidation policy based upon user creation where the original gas pool gets split equally amongst users, which upon further users joining gets apportioned all over again.

    Does
    1) the gas requirement go down
    2) the robustness of the ledger remain same
    if we reflect the chain's state in an outside system where the compute-intensive data processing happens and our smart contracts only execute writes to the blockchain to register the calculated transfers?

Comments are closed.