Wednesday, January 31, 2018

A sandbox schematic


Killing time with the draw machine. But this is my current simplified sandbox.  The escrow router is new, think of it as a finite ledger service, as opposed to the consensus ledger service at the  top.  

Everything except the router is queued (priced). The router takes a finite instruction set , with gas, and executes it as a contract buying its way across the network. Routers are meant to be ubiquitous, finite, bound,  and barely observed, like an internet router.

Pits are pits, auto traded, two and three color. Consider them as a wide variety of GDAX like price matching services.

Applications split the ledger services and intelligent cards in the following sense.  Humans interact with applications, and agree to contracts, then release the escrow bots.  Apps use ledger services to pre-qualify and verify completion and legality.  Apps are the smart layer, cards and ledgers split across the layer, escrow routers and pits completely automated.

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