bubble
cycles a ledger and then bubbles up a payment on threshold
cycle
cycles through ledger payments with limited liquidty
prerequisites
setup basic ledger
uses cycle workflow
description
bubble is an extension of cycle where an inter ledger transaction is made after the threshold is reached
in a typcial scenario you have two actors, say, workbot and webid
workbot pays the webid periodically based on work performed
a post insert hook will check that the webid balance is not above a certain threshold, if it is, a transaction is made from webid to workbot for amount transaction
after the threshold is reached an inter ledger payment for the same amount is made
implementation
export SMALL="https://localhost/wallet/small/wallet#this"
export MEDIUM="https://localhost/wallet/medium/wallet#this"
THRESHOLD=25
AMOUNT=5
credit insert $WORKBOT $AMOUNT '' $WEBID work -d small -w $SMALL
BALANCE=$(credit balance $WEBID -d small -w $SMALL)
if [[ $BALANCE -gt $THRESHOLD ]]
then
credit insert $WEBID $THRESHOLD '' $WORKBOT bubble -d small -w $SMALL
credit insert $WORKBOT $THRESHOLD '' $WEBID cycle -d medium -w $MEDIUM
fi
The rebalancing doesnt need to run on an insert, it can run periodically or on demand
example
You may wish to log your bash commands, with 5 bits awarded for each command. Every 25 points accumulated, you send the bits back to the points issuer so that you can keep a record of your work
However you may also want a larger summary table that is not filled with lots of entries. This larger table will give you less spammy summary data. In this way we create a web of ledgers where liquidity naturally flows between high trusted actors.