Githereum is a blockchain based on the distributed control system Git with a novel consensus algorithm based on Github pull requests. As such, it features:
- a currency, named the Gitcoin, that people can use to exchange goods and services.
- a transaction system: simply fork the project, edit the blockchain state and submit a pull request to perform a transaction.
- smart contracts are implemented as legal documents in the
/smartfolder
Thanks to its disruptive consensus algorithm, the chain is self-upgradeable and open for contributions, so don't hesitate to take ownership and propose changes and new contracts !
Each Github user starts with 10 Gitcoins, and can ask for them by opening an issue containing a proof of existence. The monetary value of the Gitcoin is a constant integer and that integer is zero. As such, Gitcoins can be considered as internet points.
The ledger content is stored in this file: /purse
To perform a transaction:
- 🍴 fork the repository
- ✏️ edit the blockchain state as needed
- 📈 submit a pull request
The review process is completely decentralized as anybody can comment on the pull request.
The pull request can either be accepted or denied by a dictator. A dictator is an user appearing in the /dictators files.
A transaction is considered valid if:
- the math checks out
- the creator of the transaction has proven its existence
- the contracts are respected
Example transaction: TheLortex#7
Just add legal documents in the /smart folder.
Active contracts:
- Universal Basic Income: https://github.com/TheLortex/githereum/tree/main/smart/UBI.md
- NFTs: https://github.com/TheLortex/githereum/tree/main/smart/NFT.md
- Is this secure ? This blockchain is very secure because Github is HTTPS-compliant, also I will enable branch protection on the main branch so trust the white paper (this readme).
- Is this decentralized ? This is a git repository so yes indeed git is decentralized, Github is just the interface (send patches by email if you don't want to use Github).
- Doesn't look very efficient to me. Okay, rude. This is low tech and substainable.