Since I've been thinking a lot about proposals I could submit that
might benefit Agora, I decided I'd throw an idea out there for you
guys to give me feedback.

My idea is an official currency, the Napier, abbreviated Np, which is
the base-10 log of its worth. 2 Np is worth 10x as much as 1 Np which
is worth 10x as much as 0 Np. One can transfer, for example, 1 Np to a
person who has 2 Np, and, assuming no tax, the recipient will have
2.041 Np, which is log(10^2+10^1). Taxes are easy in this system, as
one just adds log(1-N) to the amount being sent to get the amount
received, where N is the tax rate.

An office could be set up, the Treasuror, or an existing office (maybe
that one already exists?) could manage the amount of Np people have.
If person A transfers 2 Np to person B, then person B only receives
2+log(1-N) Np, and the remaining 2+log(N) Np would go into the
Treasury, which is managed by the Treasuror. This could be used to pay
salaries for people who hold offices and complete their reports on
time, among many other things.

IMO, a good, though slightly confusing currency is just what Agora
needs. Tell me what you all think, and how this would fit in with
current Agoran rules and offices.

avpx

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