[mnet-devel] Incentive engineering and payment infrastructure

[Jim McCoy]

Zooko wrote:
> I would like to use the mnet-devel list for such discussion.

No problem, I just didn't want to waste too much list time re-hashing 
all of the various architecture and implementation ratholes we ex

> I don't think that micropayments the way that Mojo Nation implemented 
> them (or
> the several ways...  ;-)) are a good idea,

I would be curious to hear why. I can think of several critiques of the 
system based upon things that we never got around to doing 
(reconciliation when two agents are out of sync, for example :) but I 
still believe that we have the best idea on how to accomplish the 
distributed accounting necessary for this task out in the real world 
that is the p2p maelstrom.

>  but incentive mechanisms in general
> are essential to any truly scalable, decentralized system, and 
> essential to Mnet
> in particular.  More or less everyone on the mnet-devel mailing list 
> is probably
> particular interested in micropayments.

Incentive engineering covers a broad swath of area. It will probably be 
useful to hash out a few general thoughts on the subject, I just don't 
have the time or energy to conduct yet another class in how distributed 
incentive structures work, how money really works, or what sorts of 
things we learned from MN. I will start working on a few of the "view 
from 30,000 feet" outlines on this area tonight and send them back to 
the list to consider.

> (Also, I think that the incentive mechanisms from Mojo Nation *could* 
> become
> good with some work.)

I have to agree with this part :)

The final rev of the MN incentive system (distributed accounting, p2p 
reputation-based credit and micro-checks, token-based settlement, and 
paris metro pricing) was probably 90% of the way to being truly 
outstanding. The



-------------------------------------------------------
This SF.net email is sponsored by: SlickEdit Inc. Develop an edge.
The most comprehensive and flexible code editor you can use.
Code faster. C/C++, C#, Java, HTML, XML, many more. FREE 30-Day Trial.
www.slickedit.com/sourceforge
_______________________________________________
mnet-devel mailing list
mnet-devel at lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/mnet-devel