ledgerloops / snap-checker

Network Ledger, based on ledgerloops-0.8 messages over Hubbie.
https://ledgerloops.com
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experiment with ac loops #9

Closed michielbdejong closed 6 years ago

michielbdejong commented 6 years ago
michielbdejong commented 6 years ago

making this distributed:

michielbdejong commented 6 years ago

research question: we know nodes can collaboratively find the global optimum. but how can they cooperate using pricing? you would need to think of a way to avoid staring contest extortion, where one party puts their foot down and refuses to cooperate until the other party agrees to a higher price.

michielbdejong commented 6 years ago

This turned out to become slow quite quickly for larger networks. The more promising approach would be netting at equilibrium, where each link has a "voltage" at each side, and nodes can adjust these voltages to incentivize money flowing through them. If these changes are kept small, then the system stays close to equilibrium.