Circles Documentation

Welcome to the Circles documentation. This guide will help you understand the Circles project, its architecture, and core functionalities.

Table of Contents

1. Introduction to Circles

   • Brief overview of the Circles project
   • Purpose and goals of Circles
   • Key concepts: personal currencies, trust networks, and demurrage
   • Total Supply and Equilibrium

2. Architectural Overview

   • System Architecture Diagram
   • Core Components
   • Token Representations
   • Circles v1 Components (legacy)

3. Advanced Topics

   • Inflation and demurrage calculations
   • Path-based transactions and flow matrices