[Neuclear-develop] Distribution Controller

[deneb s. <den...@ya...>]

Hi

i was seeing the Distribution controller
----------------------------------------------
The Distribution Controller distributes an amount of
an asset to all the holders of a specific asset. 

This is useful for paying interest, dividends etc to
all the owners of an asset. The distribution is
divided pro ratio between the holders
----------------------------------------------

so i was goign thru the currency controller, what i
figured out was

Currency controller would be controlling currency
between 2 parties whereas Distribution Controller
would be amongst many people for the same asset


So in order to transfer one would have to do the
following
-- get all the identities from the asset
-- distribute the asset over each and add it to them

the question is 
-- where would one be dedcuting the asset from
-- how would this transaction be added to the ledger
since here we have one identity transferring the asset
to many

am i on the right track ?
regards
Deneb



--- Pelle Braendgaard <pe...@ve...> wrote:
> Deneb,
> I'm replying to the mailing list so we can document
> the requirements 
> publically.
> 
> The requirements as far as I see it is to:
> - Record all transactions for various accounts
> across asset types
> - Provide balance information and more
> 
> Lets take an example flow of transactions here:
> 
> Payor	       	Payee		Asset		Amount
> Bob		Alice			bux		100
> Bob		Carol			shoes		1000
> Alice		Carol			bux		50
> Carol		Alice			shoes		5
> 
> We assume that Bob had an initial balance of 200 bux
> and 1000 shoes.
> Alice and Carol had zero initial balance of either
> asset.
> 
> Now the bux asset controller maintains a ledger of
> transactions within it's 
> own asset. So it has the following of the above
> transactions:
> 
> Bob		Alice			bux		100
> Alice		Carol			bux		50
> 
> So bux has the following balances afterwards:
> 
> Bob: 100
> Alice: 50
> Carol : 50
> 
> The shoe asset controller similarly maintains a
> ledger of it's own 
> transactions:
> 
> Bob		Carol			shoes		1000
> Carol		Alice			shoes		5
> 
> Shoe maintains the following balances afterwards:
> 
> Bob: 0
> Alice: 5
> Carol : 9995
> 
> Bob could check his balances on each of the asset
> controllers there, but it 
> would make more sense if he had a portfolio manager
> locally or on a server 
> that he trusted to do the accounting for him. This
> is where the Portfolio 
> Manager comes in.
> 
> The Portfolio Manager listens to all of Bob's
> transactions regardless of asset 
> and stores them in it's own ledger. So of the
> transactions above the 
> Portfolio stores the following in the ledger:
> 
> Bob		Alice			bux		100
> Bob		Carol			shoes		1000
> 
> With this Bob can immediately see his balances in
> all of his assets as being:
> 
> bux: 100
> shoes: 0
> 
> The portfolio manager is not only important to end
> users, but also in mutual 
> fund style applications, where all the funds
> holdings could be held on a 
> public server. The share holders of the fund could
> go in and view in real 
> time the holdings of the fund.
> 
> 
> Now, my original plan was to have a separate
> portfolio manager. However I just 
> realized that with the recent changes to the
> LedgerController. There is no 
> real need for it. The current Auditor will actually
> do the whole thing 
> without changes. What we may need are some changes
> to the reports generated 
> afterwards. I will have to have a look.
> 
> So it seems like we dont actually need a separate
> PortfolioManager class after 
> all. Which means we can go straight to the
> DistributionController.
> 
> -P
> 
> 
> 
> On Thursday 13 May 2004 23:32, you wrote:
> > Hi
> >
> > Potfolio manager
> > I was searching this class .. it doesnt seem to be
> > there yet
> >
> > Is portfolio like the place for all assets, so do
> we
> > have to create a db where all the assets would be
> > stored
> >
> > for micro payments
> > what assets would we have
> > like its diffcult for me to understand due to lack
> of
> > finance knowlesge
> >
> > can u explain me the proto-type so that i can
> > understand better like
> > -- what all are we trying to exchange
> > -- is it a pre-paid kinda micro payment or a
> normal
> > one
> >
> >
> > can u guide me about portfolio manager [which
> package
> > and responsibility ]
> >
> > regards
> > deneb
> >
> >
> -- 
> http://talk.org     + Live and direct from Panama
> http://neuclear.org + Clear it both ways with
> NeuClear
> 
> 
>
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