First shot at diagrams

[virgile-dev]

Token quantity

New token creation

POI

[santisiri]

woah good job @virgile-dev! I like the 2nd and 3rd one most. The token cap still need to be worked a little bit more on the theoretical side for it to have a chart.

[virgile-dev]

Thanks @santisiri ! Quick questions:

• Do you think they are making concepts more understandable ?
• I put most effort on POI, do you know get what I meant about running some kind of algorithm in decentralized db of videos to look for duplicates ?
• What else do you think we need to illustrate ?

[SFSandra]

very nice - esp the last one.

Wondering if it would make sense to show one more step on the UBI diagram illustrating how much the person depicted would receive in a year?

[santisiri]

Also @virgile-dev I'd try to keep the thing sober... not too flashy: remember this is not a marketing document, but we want to encourage resarchers get involved and they might get allergic to colorful stuff (ie: i'd remove the olive crown around POI :P)

We need to still narrow down different aspects of POI. With @paulamlb we're still discussing many things.

[virgile-dev]

Sovereign smart contracts illustration proposal

[SFSandra]

I like the logic flow, still studying balance changes vis a vis voting actions

[santisiri]

i really like the style (font, minimalism, black and white icons). but the vote icon.. lets brainstorm ideas. or maybe its just me.. but i think we can do a better icon for the vote token. and thats an icon that matters.

[SFSandra]

@virgile-dev you asked what else to illustrate -

1) Section 3.4.1 - concept of current lifetime initial award e.g. an illustration that shows initial award changing at age ten, age thirty, age sixty-five....

2) Section 3.2.1 Political Access there is already a graphic in this section....but I thought the concept of a self-hosted wallet w/ private key paired to a public 'vote receiver' key is fundamental

votes can be obtained at no financial cost by anyone able to demonstrate his or her own identity under a decentralized protocol referred as Proof of Identity (POI). votes obtained under this mechansim will trigger an allocation throughout time in the claimed public address of the identity. This process requires a self-hosted wallet that is connected to the content and data used for a Proof of Identity. The wallet contains a private key known only to its user that is related to a public key able to receive votes. If sufficient votes validate the evidence used for the Proof of Identity, the wallet will unfreeze a corresponding amount of votes following the rules of a Universal Basic Income dynamic that allocates tokens throughout time.

[santisiri]

I'll be posting more ideas for diagrams:

A ''Vote'' income can be obtained at no financial cost by anyone able to demonstrate his or her own identity under a decentralized protocol referred as ''Proof of Identity'' (POI). ''votes'' obtained under this mechansim will trigger an allocation throughout time in the claimed public address of the identity. This process requires a self-hosted wallet that is connected to the content and data used for a ''Proof of Identity''. The wallet contains a private key known only to its user that is related to a public key able to receive ''votes''. If sufficient ''votes'' validate the evidence used for the ''Proof of Identity'', the wallet will unfreeze a corresponding amount of ''votes'' following the rules of a ''Universal Basic Income'' dynamic that allocates tokens throughout time.

[virgile-dev]

Updated version of sovereign smart contracts diagram with the new vote token icon

[santisiri]

PERFECT.

[SFSandra]

I really love that POI flow - I think it's one of the better charts I've seen in any ICO paper anywhere. With updated voted tokens, It definitely makes the whole process clear without reading the text, which is the ultimate aim of any illo. It's really good @virgile-dev!

[SFSandra]

Just reviewing the paper again - the "Alice and Bob" diagram will really add to the paper (Santi should just choose more universal names.....)

[virgile-dev]

Updated Diagrams according to last version of paper

@santisiri @herbstephens

[herbstephens]

looks great @virgile-dev .. couple of small corrections:

1) every 253 blocks (not 256) 2) 207 per year (not 205) 3) $7.25 (not 7,25$) [of course .. with main audience out of U.S...maybe the "," works better .. except that it is priced in dollars..;-) ]

Love the 'look'!!

[virgile-dev]

Thanks for the feedback @herbstephens I updated the image above :)

[santisiri]

@herbstephens please read last update. i think there are benefits to make it 256 blocks (and 205 votes). I think that basing the whole economy in a power of 2 for machines and a power of 5 for humans will be of great benefit for human and machine interpretation when it comes to large scale numbers.

@virgile-dev I like them all, except the timeline for POI on a very simple thing: it should be a bit more sober, less colorful if possible. I think you are clearly communicating very well on the other ones except on the timeline where text is also small. A more cohesive style with the other 2 would be great.

amazing work.

[herbstephens]

@santisiri agree on the change in numbers ... 256 blocks ... 205 votes ... are best for divisibility and rounding.

Great job @virgile-dev !!

[virgile-dev]

Alright folks, I think we are getting close. Here is the updated version based on your feedback @santisiri @herbstephens let me know if we are ok I'll PR them onto the repo.

[SFSandra]

Tiny nit on the POI diagram, typo - missing 'p" i.e. (is.capped.by)

[virgile-dev]

Done ! :)

[herbstephens]

@virgile-dev after thinking through the full token cycle .. I think we need one more 'loop' in the diagram .. to represent the 'EARN' aspect of generating tokens. The only four ways: 1) created/sold at ICO, 2) POI grant, 3) DRIP every 256 blocks, and 4) EARN. To earn, an ORG (for which POI is a recognized member) transfers the equivalent 'of value' in fiat/exchangeable currency or tokens (payroll) directly to wallet [backend a shapeshift-like 'personal exchange'?]. This: 1) accounts for time, 2) pays directly (Lower fees, etc.), 3) gives employer 10% discount (for hiring 'full-time' employee ..rather than exploit part-time). Earned tokens can then be used in voting and traded on exchanges. [note: probably not a diagram for this version of the paper]

[santisiri]

Okay.. so for the sake of divisibility to meet instant gratification, mantain UBI economics and build a system 100X cheaper than traditional voting, I will adjust the issuance rate likely to a multiple of 10 (250 blocks). stay tuned for today's commits, i'm with my calculator as we speak.

[santisiri]

@virgile-dev and yes.. 250 blocks it is.. the perfect number to keep issuance rate at 0.0001 votes every 15 seconds. also branded vote fractions as 'revolutions' since it conveys the speed the network gives political rights. seemed like the accurate technical (and not-technical) term.

EDIT: updated the diagrams and are already included in mediawiki. will include them in pdf as well.

[virgile-dev]

@santisiri I love revolution to name the smallest fraction ! #nailedit !