Moab馃幁馃帺
@moab
The Cycles whitepaper is out, introducing a new cryptoeconomic primitive: a peer-to-peer electronic clearing system. Here's how it works: I owe you, you owe them, they owe me鈥攚e settle debts within our circle without any payments. If the amounts owed differ, we clear the smallest amount. Larger cycles save even more liquidity. The entire obligation graph and settlements are private and verifiable using ZK-TEE private computation and blockchains. I came across cyclesmoney and collaborative finance during our reading group with buchmanster. Having reviewed the early version of the paper, I'm excited to see it finally released! https://x.com/cyclesmoney/status/1859612788165099758
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Lonnie
@lonie
馃槄馃榿馃グ This is fantastic, thanks for sharing! Ch啤i lu么n!
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