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MultiKarma : a fully decentralized virtual multi-currency.

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dc.contributor.advisor Donahoo, Michael J.
dc.contributor.author Allen, Jon D. (Jon Douglas)
dc.date.copyright 2011-08
dc.identifier.uri http://hdl.handle.net/2104/8197
dc.description.abstract Participant-based technologies enable users to contribute resources to a shared pool that in the aggregate provides valuable services, such as social networks, massive multiplayer online games, file exchange, etc. Such systems depend on participant contribution; however, some peers may be unwilling to contribute at a level on par with their consumption. Monetary systems incentivize participation through compensation that allows portability, asynchronous participation, granularity and misbehavior costs. The use of government-backed currencies for incentive structures in participant-based systems results in exchange barriers and high transaction costs, while centralized virtual currencies (e.g., Facebook credits) remove many of the benefits of currency. Karma proposes the use of peer-to-peer systems to create a decentralized, consensus-based currency; however, it lacks a complete specification or implementation. We provide a specification, implementation, and evaluation of Karma. Next, we extend Karma to create a multi-currency system called MultiKarma where participants can mint, manage, and distribute their own currency. en_US
dc.publisher en
dc.rights Baylor University theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact librarywebmaster@baylor.edu for inquiries about permission. en_US
dc.subject Digital currency. en_US
dc.subject Participant-based technologies. en_US
dc.subject Multi-currency system. en_US
dc.title MultiKarma : a fully decentralized virtual multi-currency. en_US
dc.type Thesis en_US
dc.description.degree M.S. en_US
dc.rights.accessrights Worldwide access en_US
dc.contributor.department Computer Science. en_US
dc.contributor.schools Baylor University. Dept. of Computer Science. en_US


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