Eco_Econ_HeartbeatOVERVIEWOVERVIEWOVERVIEWH.A.N.D.SHow Net / Net of $ workTime is Money $$$Time is Money $$$Bitcoin for DummiesBitcoin statistical viewThe ALICE EFFECTECONOMIC HEARTBEATFirefly-Heartbeat AlgoFRIEDMAN'S K% RULETRC TERRA_CYCLEFEDERATEFederate & GraduateTAO of the DAOHBC = Template ChecklistUniversal Time Zone UTZBITNATIONEarth Intel Net EINProject rig #UNRIGHFT Algo RegulationSYNTAX LEXICONROSETTA STONEMETRICS / METERSIDMaps / SonarHopsENERGY TOKENSSWORDS TO PLOWSHARESMyriad MemesRIPPLE RTP / HBCHASHGRAPH / HBCIOTA / TANGLE // HBCGnosis Oracle / HBCZEPPELIN OS / HBCTWAP / HBCERLANG / HBCaeternity aeonsPOS meme / HBCPROOF OF WORK / HBCBitcoin NG / HBCVERITASEUMOpenBazaar / HBCMicrosoft Bletchley / HBCDFINITY BNS / HBCBFT SMART / HBCETHEREUM CASPERHyper Ledger / HBCState ChannelsSAWTOOTH PoET / QuorumLIGHTING / SEGWIT / HBCB-WAP API / HBCDASH DAO / HBCR3 CORDA / HBCBITCOIN ISLAND / HBCBitcoin's 6 IssuesBITCOIN's VOLATILITYNew Economy BlueprintMESH ECONOMYBlockchain TradeNETNIST CYBER BEACONSPACESHIP EARTHTIME - SPACE BEACONBig Data The Next OilSymbols Rule the WorldS.A.R.AGAMIFICATIONEPCIS RFID / HBCBLUE FORCE TRACKERQuantum Qubits / HBCLighthouse Beacon573 US 134 SCt 234713/573,002 Snapshot13/573,002 Time LinePATENT FUSIONPAYPAL / BITCOINBLOG441 Law of Time / Blockchain cubeCONTACT / PAPERS

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The Bitcoin community has six issues: Volatility, Inconsistent Memes for taxation, fungibility, Identity, lack of intrinsic value and block chain scalability. The Heart Beacon Cycle addresses all six issues systemically. Trade Federations involve widely dispersed members using divergent technologies. What must not be divergent is  a valuation of goods, (time) based services, commodities  and currencies that require consistent metrics, meters and methods to determine geo-spatial temporal time increments such as duration intensity, frequency and methods to establish stochastic harmonization of value samples taken during micro economic cycles for aggregation into macro - economic reports across time zones -- STAAS - space / time as a service with a mediation gateway to determine change or sync deltas that are beacon broadcasted among a system of system's and sub-systems.

#Bitcoin "failed experiment" "network congestion: minor volume spikes create dramatic network condition changes" http://bit.ly/1RxmXan // all things internet are formed using CPU created time cycles to process - parse syntax. The military adopted the policy of only sending changes or "heartbeat sync deltas" for the same reason the Bitcoin community must adopt the same paradigm  

Article: Could the Bitcoin Lightning Network Solve Block chain Scalability? LINK:  "hashed time-lock contracts between users, in the block chain, if only two participants care about a transaction, it’s not necessary for all other nodes in the bitcoin network to know about that transaction. It is instead preferable to only have the bare minimum of information on the block chain. It is desirable for two individuals to net out their relationship at a later date, rather than detailing every transaction on the block chain. This can be achieved by using time locks as a component to global consensus. As a result, Bitcoin can scale to billions of transactions per day with the computational power available today on a modern desktop computer. Transaction between users occurs during a micro-cycle, then reconciled at a pre-arranged macro-cycle, with a NIST Cyber Beacon random # time stamp for non-repudiation given reconciliation will occur at a later data in time. Link:  http://coindesk.com/could-the-bitcoin-lightning-network-solve-blockchain-scalability/

LINK: SCALABILITY Ethereum Fast Sync Algorithm: The goal of the the fast sync algorithm is to exchange processing power for bandwidth usage. Instead of processing the entire block-chain one link at a time, and replay all transactions that ever happened in history, fast syncing downloads the transaction receipts along the blocks, and pulls an entire recent state database. This allows a fast synced node to still retain its status an an archive node containing all historical data for user queries (and thus not influence the network's health in general), but at the same time to reassemble a recent network state at a fraction of the time it would take full block processing.An outline of the fast sync algorithm would be:

  • Similarly to classical sync, download the block headers and bodies that make up the blockchain
  • Similarly to classical sync, verify the header chain's consistency (POW, total difficulty, etc)
  • Instead of processing the blocks, download the transaction receipts as defined by the header
  • Store the downloaded blockchain, along with the receipt chain, enabling all historical queries
  • When the chain reaches a recent enough state (head - 1024 blocks), pause for state sync:
    • Retrieve the entire Merkel Patricia state trie defined by the root hash of the pivot point
    • For every account found in the trie, retrieve it's contract code and internal storage state trie
  • Upon successful trie download, mark the pivot point (head - 1024 blocks) as the current head
  • Import all remaining blocks (1024) by fully processing them as in the classical sync

 IDENTITY: Organizational unit from Wikipedia, In computing, an organizational unit (OU) provides a way of classifying objects located in directories, or names in a digital certificate hierarchy, typically used either to differentiate between objects with the same name (John Doe in OU "marketing" versus John Doe in OU "customer service"), or to parcel out authority to create and manage objects (for example: to give rights for user-creation to local technicians instead of having to manage all accounts from a single central group). Organizational units most commonly appear in X.500 directories, X.509 certificates, Lightweight Directory Access Protocol (LDAP) directories, active directory (AD), and Lotus Notes directories and certificate trees, but they may feature in almost any modern directory or digital certificate container grouping system. In most systems, organizational units appear within a top-level organization grouping or organization certificate, called a domain. In many systems one OU can also exist within another OU. When OUs are nested, as one OU contains another OU, this creates a relationship where the contained OU is called the child and the container is called the parent. Thus, OUs are used to create a hierarchy of containers within a domain. Only OUs within the same domain can have relationships. OUs of the same name in different domains are independent.

Thomas Edison’s Quixotic Plan for a New Monetary Policy article: During the sharp recession of 1921- 1922, Thomas Edison turned from making innovative consumer products to reinventing the U.S. monetary system. Edison searched for new ways to stabilize the dollar, the value of which had fluctuated widely during World War I and its aftermath. His goal was to “cast the variable out of money.” Distrusting bankers -- the “money brokers,” he called them -- and a monetary policy based solely on gold, Edison called for a system that used a variety of other commodities as backing for the nation’s paper money supply.

Inconsistent memes raises 2 issues: regulatory i.e., taxation given the USA's Internal Revenue Service's stance of Bitcoin as property -- see land use meme, and fungibility among coin types - need consistent metrics and meters to establish a statistical mean value for a FEDCOIN for example. Fungibility is the property of a good or a commodity whose individual units are capable of mutual substitution. That is, it is the property of essences or goods which are "capable of being substituted in place of one another."[1] For example, since one ounce of gold is equivalent to any other ounce of gold, gold is fungible. Other fungible commodities include sweet crude oil, company shares, bonds, precious metals, and currencies. Fungibility refers only to the equivalence of each unit of a commodity with other units of the same commodity. Fungibility does not relate to the exchange of one commodity for another different commodity.  

Inconsistent memes: Bitcoin Valuated using land meme. IDMaps and SonarHops triangulation will be useful in surveying the Bitcoin landscape in land as a metaphor for value paradigm. In the end-state the quantity of bitcoin will be fixed, just like land. Bitcoin is not perfectly fungible, neither is land. Bitcoins are not ‘consumed’ through use – just transferred. This is similar to land and dissimilar to many commodities, that are consumed, degraded) through use.

"Bitcoin is not a protocol of transfer, but a protocol of ownership. Coins never travel, but simply switch owners”. IDMaps / SonarHops help construct the maps of land that visually show how much of the Bitcoin has been mined / issued. Battlefield digitization data is often shown on maps as appliqué overlays in military speak and involves cyclic state meta-data refresh from micro to macro (economic, ecological harvesting etc.) cycles. 

 Stellar is public infrastructure for money. Supported by a non-profit, Stellar brings the world together by increasing interoperability between diverse financial systems and currencies. The new platform is a decentralized gateway for digital currency to fiat currency transfers,. Like Ripple and bitcoin, Stellar will act as a public transaction authenticator and feature its own in-house digital currency called ‘stellar’. Stellar will act as a bridge between fiat and digital currencies – a key requirement if the latter are to be adopted by mainstream users. Stellar details. Stellar acts as a transaction gateway between fiat and digital currencies. The new platform is a decentralized gateway for digital currency to fiat currency transfers, 

 Ben Bernamke former FED Chairman: "#Bitcoin has serious problems" bit.ly/1MYXdw8hasn’t been stable source of value, price has been highly volatile -- hence need for serious fixes