Computer Engineering Commons^™

Enabling Novel Network Economics Using Multi-Hop, Asynchronous Resource Exchanges, Puming Fang

Doctoral Dissertations

Economic transactions typically involve only the parties directly involved, known as single-hop economic exchange. However, this model has limitations since only the final contributors participate in the resource exchange and acquire ownership of resources from previous contributors. In contrast, distributed systems aggregate resources from multiple entities across multiple hops. In Web 3.0, everyone can be a content creator and take ownership of their creations. To address this issue, we propose a value tree model that includes all contributors and enables multi-hop and asynchronous resource exchange. We propose two different approaches to implement the value tree model: value tree single contract, …