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By Socket Research Team - Dec 02, 2024
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Purpose: to implement currencies where every unit is backed by wealth, and where every holder of wealth may create credit. The system implements a limit, K, on the amount of credit created relative to pledged wealth, to control inflation and deflation, automatically ensuring that the value of each unit of credit remains roughly constant in terms of some "reference" basket of wealth.
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Ownercredit implements some concepts for a wealth-backed currency system
We found that ownercredit demonstrated a healthy version release cadence and project activity because the last version was released less than a year ago. It has 1 open source maintainer collaborating on the project.
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