OSE Crypto: Difference between revisions
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=Intro= | |||
Building upon the concept of the [[OSE Bank]], OSE Crypto must have these properties. | Building upon the concept of the [[OSE Bank]], OSE Crypto must have these properties. | ||
*It is digito-phisically backed by productive potential, as opposed to actual production, (or as opposed to virtual backing of proofs of work or stake). This is to avoid inventory, to remain digital and non-scarce thus avoiding artificial scarcity. Remaining scalable because the productive potential is infinite, or at the very minimum 1000x what we have today. Based on solar energy Kardashev scale. | *It is digito-phisically backed by productive potential, as opposed to actual production, (or as opposed to virtual backing of proofs of work or stake). This is to avoid inventory, to remain digital and non-scarce thus avoiding artificial scarcity. Remaining scalable because the productive potential is infinite, or at the very minimum 1000x what we have today. Based on solar energy Kardashev scale. | ||
*As such, it contains [[Limited Digitality]] or is [[Digitally Responsible]]. Meaning that it enjoys a large measure of digital scalability, but has a check-and-balance of providing material needs. | |||
*It must avoid the artificial scarcity of traditional proof of work or stake algorithms | *It must avoid the artificial scarcity of traditional proof of work or stake algorithms | ||
*On-chain verified productive capacity would be key. Thus, the Open Source Microfactory Standard becomes of prime importance as the next evolution human-created-systems transparency: an agreed-upon standard of decentralized production (few thousand square feet, up to home lot size, or the size of the [[Tower of Wisdom]] | *On-chain verified productive capacity would be key. Thus, the Open Source Microfactory Standard becomes of prime importance as the next evolution human-created-systems transparency: an agreed-upon standard of decentralized production (few thousand square feet, up to home lot size, or the size of the [[Tower of Wisdom]] | ||
Revision as of 17:45, 21 August 2022
Intro
Building upon the concept of the OSE Bank, OSE Crypto must have these properties.
- It is digito-phisically backed by productive potential, as opposed to actual production, (or as opposed to virtual backing of proofs of work or stake). This is to avoid inventory, to remain digital and non-scarce thus avoiding artificial scarcity. Remaining scalable because the productive potential is infinite, or at the very minimum 1000x what we have today. Based on solar energy Kardashev scale.
- As such, it contains Limited Digitality or is Digitally Responsible. Meaning that it enjoys a large measure of digital scalability, but has a check-and-balance of providing material needs.
- It must avoid the artificial scarcity of traditional proof of work or stake algorithms
- On-chain verified productive capacity would be key. Thus, the Open Source Microfactory Standard becomes of prime importance as the next evolution human-created-systems transparency: an agreed-upon standard of decentralized production (few thousand square feet, up to home lot size, or the size of the Tower of Wisdom
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