Thu 16 Jul 2020 3:22PM
Open source complementary currency project
![KB](/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNjR3Q3c9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--0384ea7d51ca365ed2f7d2b6c98edffdddac9e2c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdDRG9MWm05eWJXRjBTU0lKYW5CbFp3WTZCa1ZVT2hSeVpYTnBlbVZmZEc5ZmJHbHRhWFJiQjJrQmdHa0JnRG9LYzJGMlpYSjdCem9NY1hWaGJHbDBlV2xWT2dwemRISnBjRlE9IiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--e579049eb7f20fc1070cc24f3215f2949d184302/Kyle.jpg%3F1593656882)
Here's something the group might be interested in:
http://gotchoices.org/mychips/intro.html
A few years ago, I published this set of papers to propose a method for an open source currency based on fully distributed, private credit relationships. I have just now published a prototype of the software that is functioning at a proof-of-concept level.
https://github.com/gotchoices/MyCHIPs
This software has recently been subjected to a professional algorithm review (which turned up some issues, as expected). So there is more work to do. But it looks like it could be a viable alternative to cryptocurrency, addressing problems such as scalability, privacy and volatility that challenge those platforms.
Hugh Barnard · Mon 21 Mar 2022 8:31AM
Thanks, this is interesting. I've revived work on this currently: https://sourceforge.net/projects/cclite2/ because a couple of groups have asked me about using it. The intertrading part uses pub/sub via RabbitMQ but that's probably swappable fairly easily.