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The CommunlCoin Preamble
created: 06 May 2013 12:24
tags: bitcon communalcoin
/ The CommunalCoin
* Copyright © 2013 Erez Elul (the pile's inventor) *
* Permission is hereby granted under AGPL (Affero General Public License) * */
/* _preamble__:
CommunalCoin constantly lose its value in time as each member in the local (using coin) community constantly gets an equal dividend offsetting the lost value of the coin in that system and hence the shorter is the lifetime of the coin the better is the distribution and the use of the money in that system.(about disabling multiple identities per member for performing equal divided see

CommunalCoin is designed to produce better distribution in stimulation plans, alternative to the existing, national and international stimulation plans, of low-interest loans only to close and small circle of (GianT) associates, as is the case in printing local money or in transferring loans, exchangeable for work or production, in manipulated interest levels, The CommunalCoin in allegory to compost pool:

  • A) The lost of value is like the release of the energy to the air after being bad distributed as bobbles in the pool;
  • B) The energy is effective only in the pool as the coin is in the community and
  • C) The well distributed dividend is like injecting bottom-up some clean instance (like water) for having the volume (or height) of the medium be unchanged or somewhat controlled, as is the case in printing local money.

Q) When using CommunalCoin?
A) In and between ComComized organisations ( ), as a value of gift or rewarding, which is also able to be re-given (as is the case in payment), for to compensate, share thankfulness and/or respect.

Q) Why peer ownership and not one person one vote as in nation or cooperative?
A) Because the peer owner has the additional power defining the value of the organization, which is essential power as bigger is the organization and powerless is the vote of a person, never the less this power is moderated to allow a new balance between the individual and the group.

  • Also, peer ownership is where the common and individual interests are met and it is a winwin solution for the individual in the exit as in the entrance, as such peer ownership allows transparency visible to the outers too as for the satisfaction of the member in the group.

Q) Is the CommunalCoin useful only in a close community?
A) It can be used in both: a closed and open use.

  • In open use, by its price (not the value), the CommunalCoin could be converted to the other coins, but additionally and more importantly, as the ComCom is owned by peer owners, each peer owner can also sell the ownership in that community/company.
  • In closed use, such small ComComs can become peer owners in a bigger one, while also being divisions trading the CommunalCoin, as an object-coin, of the bigger one, in which the use of the CommunalCoin is closed - a structure which can endlessly be grown bottom up, while being a tax-less one.
  • Such communities/companies can grow as clusters of clusters to some bigger ones, bigger even then the nations, while each of their peer can still trade her/his position of ownership in CommunalCoin, as a peer-coin.

Q) To what extant and why should/could CommunalCoin become your alternative to national (continental or international) money?
A) As nationally, (continentally or internationally) only the central bank has the monopoly of issuing money, the CommunalCoin is not money but representing a value of gift or rewarding, as long as it is not convert-able to that money issued by the central authority, but such monopoly is only upon converting that money being issued by that central authority for something else.

  • This is only based as a licensing ( a licensing matter, based on the central bank being the owner of the notes) for the way to use-and-not-use the (notes for the) given money, but not for the rewarding symbolized by that money , while forbidding exchanging it for other things.
    • Hence the CommunalCoin can be made for use as rewarding converter which is seperated from the money issued by the central autrity/monopoly, eg. issued in comcom clustering other comcom exchanging it for things owned by the clustering comcom.
  • At any rate, the monopoly of national money seems more and more non-moral, non-healthy and an abusing power working against the interest of the many (the public), for those who already know how national money is heavily poisoned by national bonds, bad distribution and fantasise of loan/debt/interest and about the Wörgl experiment (1932-1933) in Austria ending near the arrival of Hitler,
    • where the monopoly of national money is protected by aggressive national forces backed by ever changing national laws, for bounding nationally the money to taxes in conversion procedures for human work, services, products and ownership, in endless benefiting mainly the few (the 1%) who are closer to the plate,
    • where the German society learned only replacing T by B, or Tanks by Banks in the whole century since the Wörgl experiment and
    • where the national money with its monopoly are worshipped as holy things (in religion) and always the combination of religion and nationalism can give only global pain in forms of world war wars, cultural clashes and currency wars. (such as in the "German Faith Movement" and others religional-national authorities like the Jewish or Persian etc).
Data Wallet (encrypted) Records(Hashed)
holder anyone being note's owner anyone and recorder exclusively transmitting verified transactions to anyone
key price hash(id(note))
\->entry \->note = {id,code} \->(hash(ownerid),ownership_info)
?! The code(note) is for not letting generating the hash from the note info such as value born etc and so that the note being encrypted or hashed can become a secret , in wallet. The hash(id(note)) is the key to hash(id(owner)) and ownership_info held by the validating recorder.
Struct [counter of note ,total, update time]{price -> note = {id,code}} []{hash(id(note))-> (hash(ownerid),ownership_info)},.id(note) has (value,,,)
Roles Anyone (can become/appoint a recorder) Recorder(is swapped after y transactions)
Do a watcher/payer/payee, only listening to the recorder exclusivity gets message from payer to send only verified transaction specifically to the payee and to anyone, but only after successful verification of the payers ownership and sending updates to anyone for the last_updated_Records evry x transactions
Is a recipient of the (mailing) list appointed by recipients can be anyone
Has Wallet, last_updated_Records,Trustee_list Records

Q) How CommunalCoin's transaction are made?
A) CommunalCoin's transaction are made via mail being forwarded or sent by mail server or by peer to peer simulating the structure of from/to subject and body, where

  • 1. transaction is sent From payer to the recorder: subject={??},body ={ per each note: 1) id(note) being signed by the payer and encrypted by the pub key of payee and 2) authentication from the payer and hash(id(note)), hash(id(payee))}
  • 2. transaction is verified by recorder, such that{lookup for hash(note) to find hash(id) to match the id} .
  • 3. transaction is sent From recorder to payee: subject={transaction's counter "is now yours"},body ={per each note, the id(note) being signed by the payer and encrypted by the pub key of payee}
  • 4. transaction is sent From recorder to anyone: subject={transaction's counter},body ={per each note, the id(note) being signed by the payer and encrypted by the pub key of payee}

====comparing CommunalCoin: ===================================

compared to BitCon: The CommunalCoin is used in a peer to peer payment/rewording system and as such when compared with BitCoin, being the equivalent to gold, it is a (backed or not) local currency, like in the dollar case, but with money laundering reduction, due to the restriction of the coin to be only A) well distributed B) in a specific community, in which the members are long lasting members, as they are staying to get the redistributed dividend and normally, in a comcomized community, are also peer (equal) owners of the resources of that community. But, since the CommunalCoin can only be well redistributed, it must be giving away the advantage reserved only for the few doing the mining in BitCoin and additionally it uses the swapped recorder function of a peer, for additional protection against fraud hacked key/hash.

compared to paypal, it is decentalized and….


 #define Records_CommunCoin_typevar  \
  typevar(int,var1)      \
 #define Wallet_CommunCoin_typevar  \
  typevar(int,var1)      \
#define typevar(t,v) t v;
typedef struct { Records_CommunCoin_typevar } Records_type;
typedef struct { Wallet_CommunCoin_typevar  } Wallet_type;

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