Re: Web Credits -- Electronic Cash for the Read Write Web

That should read #webcredits on irc.freenode.net


On 20 June 2014 15:16, Melvin Carvalho <melvincarvalho@gmail.com> wrote:

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>
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> On 1 November 2013 15:10, Melvin Carvalho <melvincarvalho@gmail.com>
> wrote:
>
>> I've been working on an electronic cash system that's
>> oriented to the read write web
>>
>> The spec is available at:
>> http://webcredits.org/
>>
>> The main properties:
>>  Using web standards to read to get balances
>>  Creating and sending coins via the HTTP protocol
>>  Varied strategies to prevent race conditions
>>  Potential Trust overlays, starting with zero trust
>>  Participants can be named or anonymous
>>  New credits can be made using the semantic web
>>
>> The project is currently in design phase with the aim to build early
>> prototypes by the new year
>>
>> Please feel free to pop in to #webcredits on freenode if you would like
>> to particpate
>>
>>
>
> Just a quick update on this:
>
> I've created a coin for testing:
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> http://coin.data.fm/rwwcoin#this
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> So far the block chain is 5 entries long.
>
> I've also created a Credit system based on this coins using Web Credits,
> with a faucet that issues coins daily.
>
> http://coin.data.fm/rwwcoin_faucet.html
>
> I am at the point now where I am starting to do some testing verification
> and automation.  If you'd like to help out please pop in to #webcredis on
> freenode IRC, and I can help set you up and show you how to receive coins.
> The documentation is still very light, so it's aimed at people that have a
> good understanding of linked data and payments right now, or those willing
> to learn
>
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