equal formula

README.mediawiki

@@ -725,19 +725,21 @@ Then the ''votes'' a self-sovereign identity is allowed to use in the system can
 
 [[File:/images/ubi-vote-formula.png|Vᵢ = ((T - Pᵢ) / r) * Sᵢ]]
 
-As long as the ''Proof of Identity'' has been validated by the community and a smart contract is synced with an active blockchain node, then the value of Vᵢ will either be an integer number that defines the total amount of ''votes'' a self-sovereign has as a right to use on a hosted wallet or if the ''PoI'' is rejected (i.e. Sᵢ = 0), then the participant's available votes become zero.
+As long as the ''Proof of Identity'' has been validated by the community and a smart contract is synced with an active blockchain node, then the value of Vᵢ will either be an integer number that defines the total amount of ''votes'' a self-sovereign has as a right to use on a hosted wallet or, if the ''PoI'' is rejected (i.e. Sᵢ = 0), then the participant's available votes to use become zero.
 
 ====3.3.2 Equality====
 
-The described dynamic ends up benefitting early-adopters, as it is often the case with financial-oriented cryptocurrencies. Bitcoin can be described as cryptographically induced scarcity as an instrument able to measure wealth in terms of economical resources. But with the ''vote'' token we are building a network that complements financial cryptocurrencies by issuing a right that can be granted to anyone as long as it can proof his or her singular identity, making the ''vote'' a political rather than a financial instrument. It is about cryptographically induced equality: such is the basis for any real democracy. For this reason, we introduce another variable to the ''UBI'' algorithm:
+The described dynamic ends up benefitting early-adopters, as it is often the case with financial-oriented cryptocurrencies. Bitcoin, for instance, is often described as cryptographically induced scarcity as it is an instrument able to measure wealth in terms of economical resources. But with the ''vote'' token we are building a network of a different nature that aims to be complementary to financial cryptocurrencies considering that we have governance in mind.
 
-* E = Amount of ''votes'' allocated to the most recently validated ''Proof of Identity'' on present blockheight (B).
+By issuing ''votes'' as a right that can be granted to anyone as long as his or her singular identity is proven, the ''vote'' operates as political clout. In essence, it is about cryptographically induced equality: such is the basis for any real democracy. For this reason, we introduce another variable to its ''Universal Basic Income'' dynamic:
 
-With this information, the next ''Proof of Identity'' validated by the network won't begin in disadvantage: it will have a wallet with the same amount of ''votes'' than its predecessor in time. And since this rule applies to every participant, also means that it will guarantee ''Equality'': everyone has the same amount of ''root votes'' than everyone else, extending the ''UBI'' formula:
+* E = Amount of ''votes'' allocated to the ''Genesis Proof of Identity'' at present block height (T).
 
-  Vᵢ = ((T - Pᵢ) + E) / Sᵢ
+We refer to the ''Genesis Identity'' as the very first ''Proof of Identity'' that gets validated by the network. With this information, the next validated identity won't begin in disadvantage: it will have a wallet with the same amount of ''votes'' than the first participant in the network currently has. Since this rule applies to every participant it will guarantee ''Equality'' in terms of participation, letting everyone have the same amount of Sovereign ''votes'' than everyone else, extending the ''UBI'' formula as follows:
 
-With the ''Equality'' variable, if a second participant Bob got validated 500 blocks after the first one Alice, he won't begin from 0 but rather get a total of 500 ''votes'' matching Alice's mined ''votes'' so far. Both will continue to mine ''votes'' on equal terms with Alice block after block ever since. If a third participant Charlie generates a valid ''Proof of Identity'' 200 blocks later, he will get granted 700 ''votes'' (the total mined by Bob so far, and consequentially Alice too). Everyone is guaranteed an ''equal'' share.
+  [[File:/images/ubi-equality-formula.png|Vᵢ = (E + ((T - Pᵢ) / r)) * Sᵢ]]
+
+With the ''Equality'' variable, if a second participant Bob got validated 500 blocks after the first one Alice, he won't begin from 0 but rather get a total of 500 ''votes'' matching Alice's mined ''votes'' so far. Bob will continue to mine ''votes'' on equal terms with Alice block after block ever since. If a third participant Charlie generates a valid ''Proof of Identity'' 200 blocks later, he will get granted 700 ''votes'' (the total mined by Bob so far, and consequentially Alice too). Everyone is guaranteed an ''equal'' share in participating rights.
 
 Even though the inflation rate might scare economically-minded analysts, the value of this network does not reside on the simulated scarcity but rather the uncoerced decisions able to be made among self-sovereigns through an egalitarian ground protected by blockchain incorruptibility. As ''votes'' get granted on equal terms throughout time, they also operate as tokens able to register historical events for the record of future generations. By being granted as an egalitarian ''UBI'', ''votes'' express a language connecting the decisions of institutions and individuals throughout an open network.