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U°OS

Framework for Practical Implementation
of Distributed Networks

Includes Adaptable Models Of

Governance
Economy
Reputation
Designed to build decentralized applications and govern organizations / communities within the network economy.
Can be applied to any networked socio-economic process to increase its velocity, sustainability and cost efficiency.

Idea

Individual, Capital & Network
within the Information Society

Self-Ownership
An individual is sovereign over oneself, own body and mind. When interacting with others, individual sovereignty is achieved by
decentralized
and self-adjusted environment. Universal access to global knowledge reduces the need for centralized means of information delivery and value exchange. The growing popularity of distributed protocols suggests that the next stage of the
information society
will be mainly peer-to-peer interaction.
Network Economy
Information technology allows individuals to interact via
networks
, be it social media, mobile apps, online marketplaces, etc. The amount and relevance of information provide the efficiency of economic processes in the networks. The emerging economic order within the information society is called the network economy. There are 12 distinct principles proposed by Kevin Kelly.
Social Capital
Individuals carry out social and economic interactions online using their
digital identity
and capital. An individual’s relevant connections and
reputation
or
social capital
is a highly important resource in terms of the network economy. However, it often does not reflect the real influence because of a lack of transparency and assessment tools.
Importance°
Importance (and thus, influence) of an individual/organization for a network is achieved not only by the amount of their stake, but also the value they produce for others. U°OS provides the solution by including social capital to assess the importance of a digital entity for a network with no middlemen involved.

U°OS Blockchain Protocol

The protocol comprises a unique consensus mechanism, reputation system, governance and economic models that upgrade the EOSIO open source code U°OS protocol is based on.
Zero-fee transactions
Account system
Importance index calculation
Social transactions
Smart contracts execution
Dynamic emission algorithm
Currencies and tokens support
WebAssembly support
DAC and DAO support
Asset Transfer
Free for applications’ users
More on a GitHub

Delegated Proof of Importance

You enrich the network, the network enriches you

Delegated-Proof-of-Importance (DPoI) consensus algorithm integrates the concepts of Delegated-Proof-of-Stake (DPoS) and Network Theory. The algorithm can calculate the network participant’s importance based on other participants’ evaluation. The algorithm considers and ranks their stake and incoming transaction activity, including both transfer and social activities.

Social and economic interaction of U°OS network participants is evaluated by others thus creating importance (i.e. reputation on the network). The interactions are expressed in transactions recorded in blocks of U°OS blockchain by block producers. Block producers are elected by U°OS network participants with non-zero importance. Calculator nodes are dedicated to calculating transfer and social activity indices of every account on the U°OS network. Calculator nodes are community-owned and receive a regular emission of UOS tokens.

U°OS governance system provides a toolset for governing decentralized communities and organizations. The importance rate determines the power of vote. It allows any network participant to influence the network and its development. The governance is carried out by means of electing delegates and direct voting for any initiatives, i.e. changes or innovations.

U°OS protocol has a specific transaction type called social that allows increasing Importance of other accounts without a direct transfer of tokens. This transaction reflects social interaction between accounts. For example, U°Community dApp uses the social transaction in order to upvote, downvote, follow and publish content.

U°OS economic model provides balanced value redistribution inside the network through adaptable token emission proportionally spread among participants according to their social and economic activity. This mechanism ensures balanced distribution, efficient protocol development and stimulates network growth.

UOS Token

U°OS economy functions with use of UOS core token. Token ownership grants the right to utilize network bandwidth, CPU, RAM and prospectively storage. Staking tokens influences the account importance and as a result the governance ability and the right for emission share. Tokens can serve as a medium of exchange, a store of value, and as a unit of account.

Dynamic Emission

Economic efficiency requires the certain level of liquidity which is provided by UOS token and tends to conserve its nominal value. The token emission is dynamic and correlates with network development. The indicator called Network Importance (NI) describes the total volume of social and economic transactions among network participants and is used as a trigger for additional emission. The emission takes place every time NI reaches its all-time maximum. The algorithm also considers average token velocity. Token exchange rate sustainability is supported by shortening/extension of unstaking period. Newly issued tokens are distributed among network participants according to their Importance rate.

Importance can be used for rating the individual/organization’s activities and evaluating their
reputation.
The DPoI-based peer-to-peer reputation system is implemented into U°OS protocol. Transparency of blockchain-recorded data allows tracing causal links, which increases trust to an individual/organization and decreases risk due to reducing transactional and decision-making costs. NCDawareRank algorithm ranks information by relevance and tends to make botnet attacks economically impractical.

Development Stages

As any young technology, blockchain passes certain development stages on the way towards mass adoption.
There are three major paradigm shifts:

Fiat Money
to Cryptocurrency
Cryptocurrency
to Blockchain Infrastructure
Blockchain Infrastructure
to Mass Adoption

The challenge for U°OS is to build more scalable and sustainable infrastructure with an interface sufficiently easy-to-use for mass adoption. Any individual or organization from any economic system would use this infrastructure for interaction at minimal cost.

The only condition for network existence is the network growth. As Metcalfe’s law states, the value of the network is proportional to the square of the number of connected users of the system.

U°OS provides a solution for various networked economic systems through the adaptable framework that contains the network growth factors at the algorithm level. Such a decentralized and self-adjusted environment has all the potential for acceleration of existing economic processes within networks.

RoadMap

Q3 2017 – Q2 2018
DPoI research phase
Transaction activity index algorithm research
Dynamic emission/inflation algorithm research
Social layer representation on the blockchain research
Q3 2018
Social transaction type implementation
Importance algorithm research
Importance-based dynamic emission algorithm v2.0
Social activity index algorithm research
Activity calculator nodes
Q4 2018
Public code release
Importance algorithm implementation
Public testnet
Dynamic emission algorithm implementation
Importance voting for block producers
Q1 2019
Impovement Proposal system
Activity calculator node candidates
Q2 2019
Distributed trust/ID system
EOSIO storage
U°OS Wallet
Browser extension
Native Apps
Block explorer
Q3 2019
DEX
Widgets
Q4 2019
Core token economic model update

QA

How can I try U°OS out?
You can join U°Community, the U°OS-built social platform, where you can create some content, govern communities, interact with others, earn reputation and get the testnet UOS tokens’ emission.
Can DPoI algorithm be used by other applications?
Yes, U°OS is open-source and free to use. As a developer, you can either join U°OS network or even deploy your own.
When is mainnet launch?
No earlier than Q2 2019
When is UOS tokens airdrop?
No later than mainnet launch. The details will be announced later.
Where can I follow U°OS news and updates?