every transaction from cryptocurrency A to B to N = taxable event... can you say sync delta's on a universal event heartbeat flash message bus?
USPTO Application # 13,573,002 The Heart Beacon Cycle Time Space Meter and applique overlays includes methods to form (currency) price indexes and land / property survey methods, metrics, and meters -
- MFID II / 2018 Tax (Reform) Code: #cryptocurrency A to B to N transactions = #taxable events = universal event
High Frequency Trade HFT Dark Pool limits = aggregate, sum trade totals via heartbeat event bus /
heartbeat flash message bus sync deltas LINK http://sawconcepts.com/index/id9.html
Use Thomas Edison's commodity backed index recommendation 1921, Milton Friedman's K % rule, Economist Bernard Lietaer's TERRA TRC Trade Reference Currency concepts in concert with the firefly-heartbeat algorithm developed by the University of Bologna, University of Hungary = ECONOMIC HEARTBEAT FEDCOIN / WORLDCOIN
-Firefly-Heartbeat Algorithm University of Bologna - Hungary:
TERRA TRC TRADE REFERENCE CURRENCY by Economist Bernard Lietaer / Thomas Edison - Henry Ford's commodity index backed currency 1921 proposal
WAVES: TOKENIZES NATIONAL CURRENCIES
ECONOMIST MILTON FRIEDMAN"S K% RULE
Firefly inspired Heartbeat Synchronization: in a paper entitled Firefly-inspired Heartbeat Synchronization in Overlay Networks by the University of Bologna and Trento Italy along with the University of Szeged, Hungary: “Heartbeat synchronization strives to have nodes in a distributed system generate periodic, local “heartbeat” events approximately at the same time. Many useful distributed protocols rely on the existence of such heartbeats for driving their cycle- based execution.. The heartbeat synchronization protocol for overlay networks is inspired by mathematical models of flash synchronization in certain species of fire flies. Nodes send flash messages to their neighbors when a local heartbeat triggers.
Fireflies adjust the phase of their next heartbeat based on incoming flash messages using an algorithm inspired by mathematical models of fire-fly synchronization.
Heartbeat synchronization strives to have nodes in a distributed system generate periodic, local “heartbeat” events approximately at the same time. It differs from classical clock synchronization in that nodes are not interested in counting cycles and agreeing on a ID of a current cycle. There is no requirement regarding the length of a cycle with respect to real time as long as a length is bounded and all nodes agree on it eventually. The goal is to guarantee that all nodes start and end their cycles at the same time, with an error that is at least one, but preferably more, orders of magnitude smaller than a chosen cycle length. "What we are interested in guaranteeing is that all nodes start and end their cycles at the same time, with an error that is at least one, but preferably more, orders of magnitude smaller than a chosen cycle length".
Firefly Inspired heartbeat synchronization algorithm matched with the closest Heart Beacon Cycle: LINK http://sawconcepts.com/index/id22.html
