reciproka

Decentralized mutual credit system based on Ethereum smart contracts.

For the moment this is an implementation of a Proof of Concept.

Components

• Smart contracts
  • Ethereum Solidity
• Frontend wallet app
  • Reactjs
• Reputation Authority
  • Go lang

Documentation

Each user connects to reciproka throught the frontend wallet app. The app can be loaded from IPFS. Once the app is opened, it creates a new ethereum private key (if the user already have one, loads it).

Transaction action:

• Step 0: Initial scenario
  • Balances
    • u1: 0
    • u2: 0
• Step 1: u1 sends 10 credits to u2
  • Balances
    • u1: -10
    • u2: 10

Account

Account data structure:

struct Account {
  address ID;
  int64 Balance;
  bytes32[] History;
}

Reputation Authority

Handles a public list of accounts that have been verified, in order to give some kind of trusted certification to an user's account. Can be runned by a collective, so for example, a group of people that work together in a project, can run a Reputation Authority, that will 'validate' trusted user's accounts.