Welcome to eIOU
The first implementation of the eIOU protocol - creating digital cash through trusted peer-to-peer transactions
Revolutionizing Digital Payments
An eIOU is a digital version of the IOU with the added benefit of being able to make peer-to-peer transactions to send value to anyone in the world. By doing this we aim to create digital cash, and provide all the benefits of traditional cash: fungibility, unit of account, store of value, and medium of exchange; plus the ability to send money anywhere in the world in seconds.
💸 Earn Money by Routing Transactions
Users can earn money by routing transactions for their contacts through the eIOU network. When a payment needs to travel through multiple hops to reach its destination, intermediate nodes collect small routing fees for facilitating the transaction. This creates a passive income opportunity for users who maintain trusted connections and help extend the network's reach.
The more connections you have and the more you participate in the network, the more opportunities you have to earn routing fees.
Trusted Connections
- ✅ Connect on the platform with people you trust
- ✅ Exchange IOUs digitally with verified contacts
- ✅ Build your own network of trusted relationships
- ✅ Privacy-focused design with Tor compatibility
Instant Transfers
- 🚀 Send money anywhere in seconds
- 🚀 No banks or intermediaries required
- 🚀 Transaction fees as low as 0% for direct connections
- 🚀 Multi-hop routing for extended reach
True Digital Cash
- 💎 Fungible and transferable value
- 💎 Store of value capability
- 💎 Unit of account functionality
- 💎 Medium of exchange
Open Protocol
- 📖 Fully open-source implementation
- 📖 No central authority or control
- 📖 Community-driven development
- 📖 Docker deployment available
How eIOU Works
Create Your Node
Set up your eIOU wallet and establish your identity on the network
Connect with Others
Add trusted connections and set credit limits for each relationship
Start Transacting
Send and receive value through your network of trusted connections
Ready to Get Started?
Experience the future of digital cash with the eIOU