OpenNMS Initiative
Open Natural Monetary Structure Initiative
Overview:
OpenNMS is our solution to the various difficulties faced by the current society, and aims to provide a practical path for everyone to explore together. There is a tendency towards technological totalitarianism in the world today, and this has become a fact that cannot be ignored. In this context, individual rights and human independence are gradually disappearing. To this end, we propose a precondition for unorganized spontaneous movement. History has repeatedly demonstrated that no matter what kind of vision an organization has, it will eventually sink into the abyss of centralization and corruption. Therefore, our solution is to establish an open natural currency system, restore the real attributes of currency, and allow individuals to have the most basic rights and interests. OpenNMS is a network that is completely free to enter and exit, and its value is not damaged. This is very important. Historically, the core appeal of the gold and silver standard currency system is to maintain the value stability of the currency holders, so as to complete the exchange.
In the past, the core elements of capitalism's victory in geographical competition, the concept of freedom, openness and non-intervention are being undermined by increasing regulatory intervention. The superiority of capitalism lies in the inherent principle of the efficiency advantage of typical classical distributed computing. Every participant in the transaction Everyone is a computer terminal, and the result of the calculation is the change of the exchange rate. How to return to its essence? We are convinced that OpenNMS is an implementable option. Its logic is an upgraded version of the ancient natural currency network entrusted to the blockchain network. We call it an initiative. Thanks to the current blockchain distributed network, we are expected to achieve thousands of human Years of expectation for common fairness and justice, we hope to build a future-oriented natural currency network through the OpenNMS initiative, protect the basic value of individuals from infringement, and promote the advancement of human civilization.
ChatGPT released the public version at the end of 2022, which indicates that a new era is coming quickly. With the rapid maturity of artificial intelligence technology and the rapid development of various robots, the global population will be close to 10 billion in 2050, and more than 100 billion units of various AI-like robots serve human beings, and a new independent species "silicon-based intelligent body" will appear on the earth. During this period, the accumulation rate of global wealth value will reach an unimaginable range, and the supply of robot-friendly currency required will also be the same. beyond our imagination. With the explosive growth of AGI technology, more than 90% of the world's non-physical production jobs will be replaced by AI, and this proportion of humans will face a new survival choice. This timeline may be much shorter than we imagined. In the long run, human physical production functions will eventually be replaced by AI machines. As for whether intelligent work will be replaced, we believe it is only a matter of time.
Earth civilization is entering the process of global AI computerization. Various scenarios where human beings are managed or even controlled by AI are no longer scenes in science fiction, but the upcoming reality. As Homo sapiens, how can we survive this process? It is a major issue that we must face together, and we think that OpenNMS is one of the implementable plans, which can help us define ourselves as the source of value , and pass these values to AI bots or other applications, so as to serve our consumption value, creativity value and production means value. Only in this way can we realize the possibility of continued existence now and in the future. Otherwise, the end result is self-evident.
At the turn of history, geopolitical disputes arising from conflicts and contradictions have brought the world into a state of rapid change and uncertainty. The idea of this initiative is to balance this visible fact with another option to avoid a crisis by deploying participation early.
- Currency model deduction
Here is a currency network simulation of primitive tribes
In the primitive era, there was a natural tribe with (100) people. These (100) people depended on each other. Only when everyone cooperated together could they complete the mission of survival and reproduction. These (100) people had to exchange with each other for a unit of living materials every day. All these materials can be completed by (100) individual division of labor and cooperation. Every day they have to exchange for a unit of survival supplies
Simulation formula
Everyone needs to exchange with other (99) individuals every day, so each person needs to have at least (99) units of currency to successfully complete these transactions. In the process, each person needs to pay (1) unit of currency to other (99) individuals, and will also receive (1) unit of currency from other (99) individuals, and everyone in between will eventually complete (99 ) transactions. A total of (9900) transactions have been completed, their interdependence value is (99), the number of individual exchanges per day is (1), and the total currency unit required is (9900), in order to ensure that everyone in the village can get Necessary survival supplies.
When some of the wallets are less than (99) currency units, the transaction will be blocked, that is, someone will go hungry or other unfavorable survival conditions will appear. Putting it in the modern context is an economic crisis.
If there are more than (99) units of currency in the wallet, the transaction will go smoothly, at least no one will starve and there will be an existential crisis. The extra currency units can boost production and wealth begins to accumulate.
The formula explained to us: currency is neither necessarily gold, silver, copper, iron, nor credit, it can exist in any form agreed by the group. The main purpose of currency is to promote the circulation of commodities and ensure smooth transactions. It serves as a record of transactions, and there is no essential difference from engraving a mark on a wooden stick. The modern phenomenon of borrowing and lending is actually a way to make up for the lack of money, and it has the same meaning as writing credit on the blackboard of a store.
As the bitcoin designed by Satoshi Nakamoto becomes a reality and the blockchain technology matures, it shows that the natural currency network can exist independently in the community without the intervention of a third party.
Applying the formula to today's economic environment, we find that the money supply is often insufficient, leading to periodic economic crises. The specific reason is the diversity and randomness of currency sources, market exchange is blocked, and the calculation results of supply and demand cannot be transmitted in time, resulting in insufficient currency supply. The rise and fall exceeded the economic stabilization threshold. With the artificial intelligence of economic development, the diversity and complexity of economic activities, as well as the implicit correlation, have not been detected by the existing exchange system, and the correlation effect generated by the feedback bias eventually leads to a Money has often become substantially disconnected from the real economic environment.
We have simulated many current situations, including economic conditions, exchange rates, transaction activity, liquidity and influence, etc., and most of them have obtained relevant data close to the facts.
The following are the simulation results of the status quo of some currencies
USD: The current value is USD1.067251461988
CNY: The current value against the US dollar is 1USD=CNY9.441860465116
BTC: The current value is USD14,532,476.19
ETH: The current value is USD4,090,909.09
XEN: The current value is USD0.001150336033
XEN: When mining resources are exhausted before 2030, its value is expected to reach USD0.218840908123
During the data collection, we verified and proofread as many times as possible to obtain the data closest to the facts. Through the horizontal comparison simulation formula, we showed the relationship between currency and the economy, and how each variable affects the direction of economic development. We will use the above data Building the initial conditions for the implementation of the initiative.
What I want to explain here is that the public data of the U.S. dollar is relatively complete. The data we collected have not been subject to subjective adjustments, and the results obtained are close to the facts. The data in the euro zone is relatively scattered and it is difficult to make a complete summary. So we skip a part , CNY’s data import has some subjective judgment elements for reference only. The encrypted currency is directly presented by the data import calculation on the public chain. In particular, it should be pointed out that the data of XEN is only the data on the ethereum chain as the feed of the generator. .
According to history and the derivation of the above formula, a stable currency system needs a head anchor to achieve group consensus so that the network can operate stably. With the development of modern society, the form of wealth has changed from material wealth to the existence of non-material forms of data patterns. Therefore, the currency network needs a matching non-material form of data to achieve group consensus, just like precious metals match physical wealth. We can regard the entire currency system as a distributed computing network. Each individual using currency is a computing terminal, which calculates the trivial matters that people deal with in their daily lives, and the change of the exchange rate is the presentation of the calculation results. We can only participate in it. Only by importing our ideas into the whole system for calculation can we get the results we expect, that is to say, our rights will be realized through OpenNMS.
- OpenNMS structure
(Independent individual generally refers to an independent unit participating in communication, which can be a human, AI, robot, etc., or an independent unit that combines pets and network machine responders)
In this way, the exchange efficiency in all aspects can be greatly improved, and the deviation can be corrected through real-time data feedback to achieve market equilibrium.
This also makes the global open multi-party non-transit cross-border settlement a simple and fast reality.
- Brave New World
Imagine, there is a free space around our heads, where there are opportunities, where there is no worldly constraint, it is a virgin land to be developed.
A hundred years ago, Turing discovered this new continent and laid the foundation for today's silicon-based new continent.
In this new continent, we can enjoy the advantages of an "offshore highland", free from taxation and coercion. We interact in a free-web environment, guided only by the rules of the code and the ethics we all need to abide by.
OpenNMS is the common treasury of this new continent and the first cornerstone of the fourth human civilization. The OpenNMS network provides funds for all new immigrants who join in the development of this virgin land. Here, personal sovereignty is supported and recognized by everyone, and it has become our common creed. Every participant has obtained his own currency sovereignty. Brand-new ideas and advanced science and technology will sprout and emerge here.
This is a social engineering experiment of the New World, comparable to the great voyages of discovery, where our imagination and creativity are realized, and here we pursue the ultimate goal of permanent peace and coexistence.
- Initiative implementation
The concept of OpenNMS established MBTC/XUSD, METH/XUSD, XEN/XUSD, transaction pools on UNISWAP, as the subject matter of OpenNMS1.0 version, XUSD/MEUR, XUSD/MCNY, the initial verification model used to verify the feasibility of the initiative , and bridges linking with the Old World. The ultimate goal of the experiment is to connect and communicate the entire new and old currency systems
OpenNMS only maintains the bottom line of the reasonable value of the stablecoin transaction target in a specific period of time to ensure that the interests of the participants are not damaged. The experiment will continue to be open until a complete and stable exchange environment corresponding to the existing currency is established.
The nature of the OpenNMS experiment
The goal of the OpenNMS initiative: to return the coinage right to everyone, so that every independent individual becomes the starting point and the end point of value.
The community grows naturally: OpenNMS has no core team, no governance body, and no management structure. All early members who participated in the initiation contributed their opinions and values as volunteers, so as to prevent conflicts of interest with stakeholders , ensuring that everyone involved in the initiative benefits. During a period of time when the initiative has formed a broad social consensus, we only add exchange components and focus on maintaining the stability of the entire exchange structure. The ultimate goal is to completely decentralize and flatten.
Anyone can join OpenNMS in any way to explore the development model together. We look forward to deeply rooting OpenNMS in the community as soon as possible, so that the role of providing liquidity is completely provided by community members. You can be a banker, trader, merchant, designer, technician , social activists, or some new roles, any existing monetary system can obtain the value confirmation of all human beings by bridging OpenNMS. We anticipate that the Commonwealth of Consciousness will be the final state of the OpenNMS network.Anti-liquidity attack: The original intention of the experimental design is to protect the interests of participants by estimating the demand scale of the future market, presupposing sufficient supply, and effectively defending against liquidity attacks, while avoiding oversold conditions in the encryption market Losses, unanchoring of short-term local scope may be inevitable, but will soon adjust back to the relevant interval.
Contributors to the encryption world: OpenNMS can provide abundant liquidity in the encryption field, solve the long-term problem of periodic and sharp declines caused by lack of liquidity in this field, and can also become the behavioral standard of centralized exchange intermediaries. OpenNMS is built on a long-term market-proven and representative native cryptocurrency as the base anchor, and has a stable source of native cryptocurrency, so as to build a series of complete natural swap mechanisms on the existing mature infrastructure. It is called "native stable exchange system", or a mature "natural state stable trading environment". It is foreseeable that the community can provide sufficient liquidity for the entire encryption environment, and projects that conform to the universal value of human beings will receive sufficient financial support. At the same time, participants' encrypted assets can also return to their true value, instead of being forced to participate in a zero-sum game in a distorted market environment and damage their own "original value".
Donation and feedback: As shown in the initiative, OpenNMS is still a public welfare movement. In order to cope with daily equipment such as GAS and data generation, it still has some fixed expenses. We also accept generous donations from the public. In order to promote the realization of our common vision as early as possible, and in order to record and reward donors, we will send back the equivalent of Elements tokens as a tribute to your good deeds. Donors can directly trade USDT/MELE on Uniswap to donate , the initial feedback value is 1000:1. The feedback method depends on the progress of the initiative, but it will not exceed the scope of repurchase with exchange proceeds. We will also give back Elements to volunteers, social activists and community builders as a counter A tribute to their public service.
Large donations can be made through the following addresses:
address ethereum chain: 0x25803Ff2A8C4E3a37976Ad3CC53F02c9944B804BDestruction and termination intervention: When the OpenNMS structural environment reaches market equilibrium, the remaining coins will no longer enter the market circulation and will be burned. Then, the entire initiative will naturally develop in the community and enter a deflationary stage. Before that, if there is a common protocol approved by the community, which can perfectly solve the problem of circular redistribution, we will completely transfer the remaining quota to this protocol, and the goal of the whole initiative will be perfectly realized.
5.Conclusion
We propose the highly imaginative natural currency network OpenNMS, which embeds a sufficient monetary foundation for the economic system of the fourth civilization. All experimental data involved in this program is recorded on an honest and sustainable blockchain infrastructure. Any rules and incentives follow the basic consensus of the blockchain, and all transaction history will always exist in the blockchain.
Our mission is to ensure that OpenNMS is a currency system that is friendly to the general public - benefiting all mankind from the benefit of individuals.
If OpenNMS is successfully created, this initiative could boost the global economy and help us advance universal human justice by infinitely increasing the abundance of laterally connected fluidity. OpenNMS has the potential to enable entirely new ways of life and capabilities for everyone; we can imagine a world in which we all have access to the financial help we need to accomplish nearly every creative task, a tribute to human ingenuity. Intelligence and creativity provide great force multipliers.
On the other hand, it may also present risks of abuse and community chaos. Since OpenNMS is completely open and unstoppable, early entrants have a significant multiplier effect on funding. We expect the community to form a benign code of ethics and direct energy in the direction of goodwill and moral advancement.
Compared to other applications, the OpenNMS initiative does not develop towards the front end, but builds on existing mature building blocks, which allows participants to avoid weakening their portability value: This is the original idea of OpenNMS, the evolution of LP individuals compete with each other to continuously optimize the exchange cost, and participants obtain continuous benefits. In fact, OpenNMS will evolve in a way that we can't be sure of, and almost no one can predict the evolution model of the system. But we know it can be a solid awareness community. Human collective preferences and value output will jointly determine the future development direction of OpenNMS.
The success of OpenNMS may be in the near or distant future; from the initial single-digit exchange matrix, the evolution to geometric progression, and the take-off speed of more powerful whole-society participation may be very fast. Many of us felt that a longer timeline seemed more conducive to the health of the initiative, while a slower takeoff gave the community more time to empirically figure out how to map value relationships and how to adapt. In the end, we believe that completing the community location replacement as soon as possible is crucial to the development of OpenNMS, and it is also more conducive to the system to be sufficiently decentralized and flat, so that the system completely belongs to all mankind, operates and develops according to the collective values of mankind, and actually completes the initiative The main demands of the network: complete decentralization, non-interference, non-tampering, and perpetual existence.
While we cannot predict exactly what will happen, we can articulate the principles that concern us most:
Resisting technology is not what the initiative is about. Instead, we hope that OpenNMS will empower individuals to thrive amidst this unprecedented technological boom. We want to maximize our individual abilities. We hope that the future of mankind is a successful utopia. Make OpenNMS an amplifier for everyone.
We want the benefits of OpenNMS, minting rights, and community autonomy to be widely and fairly shared.
References:
Major historical events in the history of currency development
The following are the historical events of gold currency around the world from 2600 BC to the present:
Around 2600 BC, the pharaohs of Egypt began using gold as currency.
In 546 BC, the Persian Empire began minting gold coins.
In 312 BC, the Roman Republic began using gold coins.
In 610 AD, Islam began to use gold as a medium of exchange.
In 1284 AD, Venice, the Italian Republic, began to mint gold coins and became one of the European financial centers.
In 1489 AD, the earliest banknotes were issued by the Ming Dynasty and exchanged for gold.
In 1717 AD, Britain established a national bank for gold exchange, and countries all over the world followed suit.
In 1875 AD, the Latin Currency Union was established, aiming to fix the gold content of each member's currency and promote international trade.
In 1933, U.S. President Franklin Roosevelt ordered the confiscation of gold from citizens and the abolition of the exchange of gold for U.S. dollars.
In 1944, the Bretton Woods Agreement was signed, stipulating that the exchange rate between the U.S. dollar and gold was 35 U.S. dollars per ounce.
In 1971, U.S. President Richard Nixon announced the cancellation of the direct exchange relationship between the U.S. dollar and gold, ending the Bretton Woods agreement.
In 1999, the European Monetary Union was established, and the euro began to circulate as a currency.
History of the gold standard
- In 1816, the United Kingdom promulgated the "Gold Standard Act", making Britain the first country to implement the gold standard system.
- In the 19th and early 20th centuries, British monetary policy was largely based on transactions and liquidity in the domestic and international bullion markets.
- Britain's gold standard was suspended during World War I and not restored until 1925. This system was abandoned in 1931. During the gold standard period, British monetary policy focused on maintaining gold reserves and adjusting interest rates. The implementation of the gold standard system enhanced the stability of the British pound and made it the center of world trade and finance.
- The International Monetary System Agreement signed by 44 countries at Bretton Woods in 1944. Its main purpose is to stabilize exchange rates and strengthen international cooperation in international trade and finance.
- The Bretton Woods system stipulates that participating countries must peg their currencies to the US dollar, which is pegged to gold. The exchange rate of each country's currency is affected to some extent by the exchange rate of the US dollar and gold.
- In the Bretton Woods system, the dollar-gold fixed exchange ratio is 1 ounce of gold to 35 dollars. This ratio is known as the "$35 an ounce gold standard." Under this system, the currencies of other countries also have a fixed exchange rate relationship with the dollar because they are all tied to the value of the dollar and make the United States the center of world trade and finance.
- The Bretton Woods system worked well for a few decades after it was signed in 1944, but over time the US trade deficit and domestic inflation started causing problems with the fixed exchange rate between the dollar and gold.
- In 1971, US President Nixon announced the abolition of the fixed exchange rate between the US dollar and gold, which also meant the collapse of the Bretton Woods system. Since then, countries around the world have adopted free exchange rate regimes.
The accompanying collapse of the Bretton Woods system also heralded a transformation of the global economic and financial system. The free floating exchange rate system has replaced the fixed exchange rate system, and the openness of the global financial market has been further improved, which has promoted the growth of international trade and investment.
The experience and lessons of the Bretton Woods system have also had a profound impact on the development and operation of today's global financial system. The International Monetary Fund and other international institutions try to maintain the stability and development of the global economy by stabilizing exchange rates, financial regulation and risk management.
Global Dollar Boom
The global dollar boom refers to the period between 1945 and 1971, which is considered to be the golden age of the dollar's dominance of the global economy. The main reasons include:
After World War II, the United States became the only country with nuclear weapons, so it has huge influence in the international political arena.
The economic strength of the United States grew rapidly after the war and became the largest economy in the world.
In 1944, at the Bretton Woods Conference in New Hampshire, the United States led the formulation of the global monetary system, designated the U.S. dollar as the international reserve currency, and used gold as the convertibility guarantee of the U.S. dollar, which further strengthened the status of the U.S. dollar in the world.
The Cold War policy and military foreign policy of the United States, including providing military and economic assistance to countries such as Europe and Japan, strengthened the influence of the United States in these countries.
During this period, most countries around the world pegged their currencies to the U.S. dollar to ensure the stability of their currencies. The prosperity of the American economy also led to the growth of the global economy, making this period a golden age in the history of the global economy.
However, this period eventually ended with the collapse of the Bretton Woods system in 1971, when the United States ended direct convertibility of gold into dollars, leading to turmoil in the global monetary system, and problems of recession and inflation ensued.
Mundell-Fleming trilemma
Also known as the impossible three-item merger, it is a theory proposed by the economist Mundell, referring to the fact that a country wants to achieve three goals: fixed exchange rate, independent monetary policy and free capital flow, which can only be achieved at the same time Two of these goals, but three goals cannot be achieved at the same time. That is to say, when three goals exist at the same time, one goal must not be realized, and there is an inevitable conflict.
non-physical production jobs
Non-physical production jobs are those jobs that do not require direct involvement in the manufacture of items or the transfer of matter. These positions mainly involve the processing and production of information, data, documents, software, etc., such as software development, website design, data analysis, marketing, financial analysis, consulting, etc. The working process of these positions is mainly concentrated on computers or other digital devices, which can collaborate and communicate remotely through the network and the Internet, and usually do not require on-site operations or physical manufacturing.
fourth civilization
The fourth civilization refers to a new type of civilization emerging on the basis of digitization and information technology. It is different from the previous three civilizations (i.e. gathering civilization, agricultural civilization, and industrial civilization) because digitalization and information technology have brought unprecedented ways of communication and innovation to human beings, and have changed all aspects of human society, including social, economic , politics, culture etc. The fourth civilization is generally regarded as an important stage in the history of human civilization, and it can also be called silicon-based civilization.
editor's note: Looking back on this period of history, we found that the gold dollar system exported stable liquidity to the world, allowing the development of global economy and technology to enter a 30-year period of rapid and stable development. The basic development of the Internet and computer technology we enjoy today all come from this During the period, until today, the United States has maintained and repaired such a global system at its own expensive cost. The future may be an era of humanistic monetarism, allowing its maintenance costs to be distributed to every beneficiary individual.