Unyt - Crypto-Accounting Engine
Description
Cameron Burgess:
"Unyt is the economic engine of the stack. It is the software that makes HoloFuel work — and that makes any mutual credit currency work on Holochain. Unyt is programmable economic infrastructure: an accounting engine that can denominate any economic relationship in any unit, weave value flows between parties according to rules they set, and settle with cryptographic integrity without requiring a blockchain or a trusted intermediary.
Unyt’s Smart Agreements are akin to smart contracts on a blockchain, but significantly more flexible. They are programmable economic logic that executes locally — between the parties to an agreement — rather than requiring global network consensus. And more powerful still: the agreements can be updated as a network’s needs evolve, without rebuilding anything.48 In other words, Unyt works the way people work.
When I give my neighbour’s child $2 for lemonade, the only two people who need to know about, and validate, the transaction and her. What we don’t need, and what would be an absurd waste, would be to have everyone in the entire neighbourhood see, review, and validate our transaction. Unlike traditional blockchain smart contracts — where upgradeability requires migration to a new contract address, breaking continuity — Smart Agreements are soft-coded: the rules can be updated by agreement of the parties in place, without migration. A single Unyt deployment can handle multiple currencies, and multiple accounting tokens per transaction simultaneously — flowing in both directions — alongside internal accounting units, loyalty points, reputation scores, and any other quantified value, all with the same cryptographic guarantees. One instance supports up to 65,000 units of account.
The Unyt - Crypto-Accounting Engine launched in September 2025. P2P payments, community currency tooling, and Smart Agreements shipped in Q4 2025. Bi-directional payments, blockchain bridging to EVM Layer 2 networks, and market oracles shipped in Q1 202649 — the infrastructure the HOT-to-HoloFuel migration will run on."