Transaction - Revision history

TiberiusB: /* Transaction and the NRP-CAS */

2026-09-25T18:24:21Z

Transaction and the NRP-CAS

TiberiusB: /* Transactions and contributions */

2024-05-17T18:25:25Z

Transactions and contributions

TiberiusB at 18:24, 17 May 2024

2024-05-17T18:24:27Z

TiberiusB at 18:16, 17 May 2024

2024-05-17T18:16:29Z

TiberiusB at 18:03, 17 May 2024

2024-05-17T18:03:32Z

TiberiusB at 17:37, 6 April 2022

2022-04-06T17:37:27Z

TiberiusB at 17:37, 6 April 2022

2022-04-06T17:37:13Z

TiberiusB: Created page with " {| class="wikitable" |+ Caption text |- ! transaction type !! Expectation |- | gift || don't care, forget |- | contribute || growth, maturity |- | invest || returns, able to..."

2022-04-06T17:36:52Z

Created page with " {| class="wikitable" |+ Caption text |- ! transaction type !! Expectation |- | gift || don't care, forget |- | contribute || growth, maturity |- | invest || returns, able to..."

New page

{| class="wikitable"
|+ Caption text
|-
! transaction type !! Expectation
|-
| gift || don't care, forget
|-
| contribute || growth, maturity
|-
| invest || returns, able to take risk
|-
| loan || want it back, +
|-
| exchange || equivalent return, the other thing
|}

@@ Line 14: / Line 14: @@
 =Transactions and contributions=
-In [[OVN]] jargon, a [[contribution]] is an act of intervening in a process, in a constructive/productive manner, to increase the probability of success of this process. A [[log]] of activity related to the process is a record of what has happened, it is a type of transaction. A [[contribution]] is a log that has been judged valuable by peers (other [[agents]] involved in the process), it is another transaction type. In the [[OVN]] model, the [[contribution]] transaction type provides access to [[benefits]] through a [[benefit redistribution algorithm]], which is a transfer of rights and obligations to the contributor. The log transaction type is only a contribution in potential, it is a unidirectional transaction that doesn't provide anything in return.
+In [[OVN]] jargon, a [[contribution]] is an act of intervening in a process, in a constructive/productive manner, to increase the probability of success of this process. A ''log'' of activity related to the process is a record of what has happened, it is a type of transaction. A ''[[contribution]]'' is a ''log'' that has been judged of a valuable activity by peers (other [[agents]] involved in the process), it is another transaction type. In the [[OVN]] model, the [[contribution]] transaction type provides access to [[benefits]] through a [[benefit redistribution algorithm]], which is a transfer of rights and obligations to the contributor. The log transaction type is only a contribution in potential, it is a unidirectional transaction that doesn't provide anything in return.
 =Transaction and the NRP-CAS=

← Older revision		Revision as of 18:24, 17 May 2024
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	So in essence, a transaction is the basic unit of economic activity involving the transfer of [[valuables]] between [[agents]], with associated transaction costs that influence the optimal governance mode. Minimizing these transaction costs is a central focus of transaction cost economics.		So in essence, a transaction is the basic unit of economic activity involving the transfer of [[valuables]] between [[agents]], with associated transaction costs that influence the optimal governance mode. Minimizing these transaction costs is a central focus of transaction cost economics.
		+
		+	=Transaction and distribution=
		+
		+	Some transaction types are involved in [[distribution]] systems and are represented as a transfer of rights and obligations from one [[agent]] to another, over a thing. As can be seen on the page about [[distribution]], the notion ov [[value]] and [[property]] are essential to understand transactions.
		+
		+	=Transactions and contributions=
		+	In [[OVN]] jargon, a [[contribution]] is an act of intervening in a process, in a constructive/productive manner, to increase the probability of success of this process. A [[log]] of activity related to the process is a record of what has happened, it is a type of transaction. A [[contribution]] is a log that has been judged valuable by peers (other [[agents]] involved in the process), it is another transaction type. In the [[OVN]] model, the [[contribution]] transaction type provides access to [[benefits]] through a [[benefit redistribution algorithm]], which is a transfer of rights and obligations to the contributor. The log transaction type is only a contribution in potential, it is a unidirectional transaction that doesn't provide anything in return.

	=Transaction and the NRP-CAS=		=Transaction and the NRP-CAS=

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 =Transaction and the NRP-CAS=
 In the [[NRP-CAS]] we use the fallowing transaction types.
 {| class="wikitable"

← Older revision		Revision as of 18:03, 17 May 2024
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		+	=Transaction and the NRP-CAS=
		+	In the [[NRP-CAS]] we use the fallowing transaction types.
	{\| class="wikitable"		{\| class="wikitable"
	\|+		\|+

@@ Line 29: / Line 29: @@
 | contribute || growth, maturity
 |-
-| invest || returns, able to take risk
+| benefit || returns, able to take risk
 |-
 | loan || want it back, +

@@ Line 4: / Line 4: @@
 |+
 |-
-! transaction type !! Expectation
+! Transaction type !! Expectation
 |-
 | gift || don't care, forget