Cryptographic Blockweb Shipping (CBS)

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A peer to peer, decentralized, trust based, logistical, proof of work shipping method.

It works like this.  You (the customer) go into a software program and enter in the dimensions and weight of the package you want to ship and the starting location and ending location.  Also I suppose a list of contents and value (in cryptocoins) will be needed to be specified.  You enter a bid of how many cryptocoins (different than cryptocurrency as described later) you offer for the full ride.  The software will divide your bid into a bid/mile and offer that to potential shippers along the path.

Shippers in the program have registered their unique public key to how much volume of space and weight they can carry and how much cubic space and weight they can store at their home.  They also enter the radius they are willing to travel to make dropoffs and pickups.

Also per mile the shipper is awarded extra cryptocoins per mile that are created out of thin air.  This number is fixed or varying.  This is in addition to the coins/mile staked by the customer.  The reason why we can create new coins here is that moving the package a given distance is a proof of work (PoW).  All economies need inflation, especially here where staking coins (as described later) is a coin sink.

Depending on the "trust score" (completed dropoffs to pickup ratio, number of completed dropoffs, time in posession, distance traveled etc.) that the public key has, that key is allowed to store more packages and more package value.  So if the trust score for that key is extremely high, then that person could run thier own warehouse.  Trust score isn't the only factor in how much a person can hold.  Also there will be a staking function.  You can stake cryptocurrency in order to increase your "secured score".  Secured score will be based on the number of coins you choose to stake and also the length of time you choose to stake them.  Secured score and trust score are used to determine how many cubic feet and/or value of packages a public key can be holding at any one time.  This is called the "package score".  So in order to increase your package score you can just develop a good track record, stake a lot of coins, or stake a few coins a long time.

There is only 1 transaction per "block", your transaction.  Your package score, the previous leg shipper verifying you by scanning your QR code, has allowed you to add your transaction to the "blockweb" This would mean the cryptocoin is proof of physical work, proof of trustworthiness, as well as proof of stake.

Thus the only way you can spend the cryptocoins generated in this system is to stake it, or spend it on shipping goods.

This is different from traditional blockchains obviously.  In order to allow people to spend bitcoin frivously, it required non-miners to be able to spend coins.  This meant that miners would have to add transactions to the blockchain that they themselves did not create.  In the blockweb, people that win shipping rights can add only their own transactions to the blockweb.  Again this works because the spender can't frivously send coins to whoever they want, they are an integral part of the mining process.  This closed system can be used elsewhere like in ride sharing blockweb's or any other use.  The coins cannot leave the system or be traded for other currencies so they are not a currency and cannot be regluated like one.

In order to make the dropoffs, temporary emails or other anonymous communications are generated for both the handoff and the reciever to orchestrate a transaction location and time.

Feedback will also be a thing.  If the reciever of the package notices anything is missing then they can make a claim.  This claim will refund the full or partial package value out of the cryptocoins staked by the last leg shipper.  So it is in the best interest of the shippers to open the box and check the contents before accepting it.  If you as a shipper do not accept the package, then the previous leg shipper will have to find someone else to accept it and if they can't then the value of the package is taken from their staked coins and/or trust score.  If their staked coins are not enough to cover the lost value, then perhaps their trust score could lower or even have their earning garnished a maximum of 10% to pay back the customer that suffered loss. It is in the buyers best interest to not inflate the value since less shippers will be able or willing to accept high value packages because of the risk and thus shipping will be slower.  Also everytime a customer makes a claim, this increases their claim score and a customer with a high claim score or high claim ratio would make less shippers accept their packages.  So it is in the best interest of the customers to not make many claims.

1 comment:

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