Bitcoin Forum

Hi! I just published the first release of Offst,

Offst is a decentralized payment system based on mutual credit. It's an open source project, written in Rust, licensed under AGPL3.

You can find the release notes and more information here:
https://www.freedomlayer.org/offst/offst-release/

Link to the project repository:
https://github.com/freedomlayer/offst

Main features:

• Efficient and quick payments. Offst does not rely on a blockchain or any kind of proof of work. Every transaction affects only a few computers in the network. Payments usually take less than a second.
• Low flat payment fees. Payment fees are determined by the length of the route on which the payment is sent. Each participant along the route gets exactly one credit.
• Fair distribution of assets: The total amount of credits in the Offst system is 0, and it is initially distributed evenly between all the participants (Read more to learn how it works)
• If you lost your key, you can talk to some friends and restore your account.
• Censorship resistant. Buy whatever you want, sell whatever you want. Offst is decentralized, and therefore no entity can block or censor payments.
• Full raw control: Offst is fully programmable and has open interface for writing applications.

   
At this point Offst is only a bunch of command line tools but I believe this is already enough to start experimenting.
Any criticism or ideas are welcome!

real.

RESERVE.

How are the coins (credits) going to be distributed? And is there a telegram/discord chat?