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Author Topic: [ANN]SHM-Shared Money. Artificial intellect in interactive and digital money.  (Read 109 times)
mdulatov (OP)
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September 18, 2018, 04:43:31 PM
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Decentralization and anonymity are the main achievements of crypto currencies. Also these are their main problems - a threat to the global economy and its use in criminal activities. But the most important problem of crypto currencies is the deflationary model, Bitcoin becomes a means of a long - term storage, which leads to circulation of funds becoming slower. The speed of circulation is an important function of money. The suggested idea is - Shared Money (SHM, based on the theory of "Free Money" by Silvio Gezel, "Theory of Exchange Commodities" and Bloc chain). The goal is to avoid slowing the turnover of funds, creating a crypto currency for the fair development of humanity. SHM is the continuation of the sharing economy, public money, the abolition of private property for money. SHM will have two levels: the level of storage using the algorithm "Proof-of-Stake" and the level of circulation through the algorithm "Proof-of-Capacity". The introduction of a certain taxes on funds in the turnover will increase the turnover speed of funds. Every Sunday, the funds in circulation will be taxed 0.5% with a tax - demurrage, until they return to the storage level. The withholding tax will go to the profits of the miners. Miners with the aim of increasing profits will develop an infrastructure of open Internet to accept open payments. Using the "Proof-of-Capacity" algorithm will allow storing large amounts of data, at a lower energy cost.

It is necessary to make the information in the Bloc chain more public. SHM in its trans actions will store the description of transactions, the cost of goods or services. SHM step-by-step will occupy the niche of BigData, relational databases, financial institutions. SHM is the concentration of all economic information in the Bloc chain. The data structure will create a new platform of monetary circulation - Interactive digital money, which will allow the introduction of Artificial Intellect, and provide all with personal financial assistants.

Information in the modern world is of programmatic value, for which companies-giants spend huge amounts of money for data collection, storage and analysis. Large data in the existing form, represent some kind of «ore» in which the useful content does not exceed 3%. Among the factors that impede the development of analytics is the insufficient number of available data center facilities and the lack of tools for analysis. At present, there is a so-called digital divide - the gap between the real skills of using data and the requirements that the market puts forward. The global data center market in 2017 amounted to 173 billion dollars (source: the report of the analytical company Gartner, January 2018). With the largest IT category in terms of costs were communications services, which in 2017 accounted for about $ 1.39 trillion. The second most important area was IT services ($ 933 billion).

 
The large energy costs and the complication of the network of Bloc chains are also an acute problem.
 

1.   The purpose of the project is the creation of a new crypto currencies that will replace the large data of the BigData, relational databases, Stock exchanges, Banks, trading platforms, search engines.
2.   Objectives. Creating a stable exchange rate, eliminating inflation and deflation. Reduction of energy costs to maintain Bloc chain network. Increasing the speed of turnover of funds due to the demurrage. Creation of a fair mechanism of human development, redistribution of funds from the rich to the poor.
3.   Everyone has the right of financial freedom and prosperity, regardless of where they were born.
4.   The fourth industrial revolution, automation, artificial intellect, robots replace more and more people. The monetary system makes the rich people richer, the poor poorer. Money makes money. Amazon simply makes contact of the buyer with the seller. Facebook using the content of users sells us advertising. Google analyzes our requests, promotes advertising to us. Manufacturers of relational databases promise the data security and the speed of access. Obviously, all this is possible to simplify, improve and distribute profits fairly.
5.   The very structure of the blocks in Bloc chain SHM will be of value. Anonymity must be abolished. Who bought and why - it does not matter. What is important is what kind of goods were bought, whom they were sold by, and which country entered. We will be able to collect better data than BigData. Our data will already be structured, systematized and standardized. We will solve the problems of crypto currencies: the increase in production difficulties, power-consuming costs, government agencies persecution, volatility of the cost. Miners will receive a fixed cost for storing information and calculating blocks. The use of disk space is less energy-intensive and allows to store large amounts of data.
6.   The first stage is to identify 500 addresses with maximum donations, which will be permanent node shareholders, and the voting DAO in with equal proportion of pits (0.2%). Then, of the subsequent 20,000 maximum donations, 10,000 candidates are randomly selected. They will be candidates for complete nodes. Of the candidates, the full nodes in the number of 2500 nodes. Rotation of complete nodes from the number of candidates will be done automatically randomly. The simultaneous number of active nodes will be about 3000 nodes: 500 permanent and 2500 full. All the others who have not been included in the DAO managers or among the candidates of complete nodes will receive their investments back. The development team will not get full access to the funds; there will be salary assigned that will be tied to the project development map. To support the development team, up to 8% of tokens from each issue are allocated. Logistic centers, which will ensure the exchange of tokens for goods and raw materials, will be allocated 10% of the tokens. The main property of SHM should be stability. Cost of SHM will be tied to the value of 30 grams of gold, expressed in thirty exchange commodities, each of which is equal to the value of 1 gram of gold. The number of tokens will be adjusted to the value equivalent to the cost of thirty goods. Funds in circulation will be subject to a 0.5% tax on demurrage on Sundays. To avoid demurrage and, funds may be transferred to a storage account. The new issue of funds will be controlled by the voting shareholders of DAO, taking into account the stability of the exchange rate. Also, the mechanism of random distribution of funds for newly registered purses. Issue of tokens is performed regularly at the request of the logistics center, after the confirmation of agreements on the exchange of tokens for goods and raw materials. Logistics centers also undertake legal support.
7.   The upper level of storage is based on the algorithm "Proof-of-Stake" where it is expected to create analogue cryptocurrency Burst. The lower level of turnover with an algorithm "Proof-of-Capacity", as a basis you can take the project Ardor. The Ardor Project allows to support a number of branches Bloc chain using " Color coins". It is possible to add information of nationality, the definition of a set of goods.
8.   The created data storage structure will allow to automate the adoption of financial transactions, accelerate the analysis of incoming information, allow for a more structured analysis of cash flow, which will provide the prerequisites for the creation of personal financial assistants - a financial adviser.
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