cycle
cycles through ledger payments with limited liquidty
prerequisites
setup basic ledger
uses hook workflow
description
cycle is a workflow where ledger transactions flow in a cycles, this ensures in systems with limited liquidity payments can keep flowing
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
implementation
THRESHOLD=25
AMOUNT=5
credit insert $WORKBOT $AMOUNT '' $WEBID work
BALANCE=$(credit balance $WEBID)
if [[ $BALANCE -gt $THRESHOLD ]]
then
credit insert $WORKBOT $THRESHOLD '' $WEBID
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