Hi all, I would like to share a new protocol proposal called Web4, a fully ledgerless, consensus-free digital currency model based on Laplacian dynamics and local imbalance (Δ)-based state updates. The system removes: - global history - global consensus - blockchains - timestamps - issuance - transaction records Instead, value is modeled as an instantaneous solution to a PDE-like equilibrium (Lx = 0), where nodes maintain only local imbalances. The security model includes a proof of: - double-spend impossibility (reductio) - information-theoretic anonymity (MI = 0) - trace impossibility under any observer - replay-impossibility due to Δ-conservation (ΣΔ = 0) Full paper (PDF): IPFS: https://ipfs.io/ipfs/QmUgh9cwfKM29Ziv2gfyPLZwC8vmBbibVB1rjcXhKqoCRq (Duplicate: https://ipfs.io/ipfs/bafkreifjbr6bufuwynktlhh4qkxoa2wswvoaa5jmkro3fa7oarufnl...) Tor mirror: http://5ynukd6nbidflxbigvw4wuqgfug7cqoda5oi53udmrjxcmb5ltagmgid.onion GitHub: github.com/munonun/Web4 Possibly relevant to those interested in: cryptography, distributed systems, PDE-based computation, privacy, information theory, and ledgerless monetary models. Feedback, analysis or criticism is welcome. I may respond slowly due to time constraints. Best, KIM BYEONGYEON