A layer-by-layer explanation of the Resilience protocol
Mutual currency systems enable person-to-person trade that scales beyond dunbar’s number.
My eureka three years ago was that it’s possible to draw a map of how mutual credit networks grow over time.
Dividend pathways
That map of P2P growth could be used to share wealth. Each line in that map would be a pathway that conveys dividends, sort of like electricity.
Taxemes
Because the P2P growth map — lets call it the Resilience network — is P2P, it made no sense to me to set a network-wide dividend rate. So, I came up with a sketch for how dividend rates could emerge through peer-selection. This later evolved into the taxeme concept, tough that took 2 years.
Taxemes are inherited per transaction, and are autonomous tax-collectors. The tax that is collected is then pushed out into the dividend pathway grid, just like electricity, or blood running through capillaries.
