We develop a dynamic model of platform economy where tokens serve as means payment among users and are issued to finance investment in productivity. Tokens optimally rewarded owners when token supply (normalized by productivity) is low burnt boost franchise value the normalized high. Although price determined liquid market, platform’s financial constraint generates an endogenous issuance cost t...

The development of technology is getting faster and continues to grow so as create various types technology, architecture, new programming languages. Surely this will be a problem because differences in language, architecture that must still able provide interconnected sources information. So order for the system remain integrated, Web Service (WS) needed bridge integrating between systems with...

We propose a token-bucket based rate control algorithm that satisfies both maximum and minimum rate constraints with computational complexity of O(1). The proposed algorithm allocates the remaining bandwidth in a strict priority queuing manner to the flows with different priorities and in a weighted fair queuing manner to the flows within the same priority. key words: token bucket, rate control...

In this paper, we propose a new token-based distributed algorithm for total order atomic broadcast. We have shown that the proposed algorithm requires lesser number of messages compared to the algorithm where broadcast servers use unicasting to send messages to other broadcast servers. The traditional method of broadcasting requires 3(N − 1) messages to broadcast an application message, where N...

A distributed mutual exclusion algorithm based on token exchange and well suited for mobile ad-hoc networks is presented along with a simulation study. The algorithm is based onto a dynamic logical ring and combines the best from the two families of token based algorithms (i.e., tokenasking and circulating token) in order to get a number of messages exchanged per CS access (the main performance...

Resource sharing is a major advantage of distributed computing. However, a distributed computing system may have some physical or virtual resource that may be accessible by a single process at a time. The mutual exclusion issue is to ensure that no more than one process at a time is allowed to access some shared resource. The article proposes a token-based mutual exclusion algorithm for the clu...

Consider a connected graph with nodes (or processes) and edges (or communication links). An edge token associated with an edge is a token maintained by the two nodes connected by the edge; one and only one of the two nodes holds the token. An edge token can be passed from one node to the other if so desired. This paper first presents a randomized self-stabilizing algorithm to implement the edge...