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2. The accounting shift: from assets to trust

Traditional finance begins with Assets − Liabilities = Equity. CPP reframes this for a commitment economy:

  • Acceptance capacity: how much of an issuer's commitments a Pool or network is still willing to accept.
  • Outstanding commitments: issued promises that remain unfulfilled and are held by others.
  • Fulfillment capacity: the issuer's evidenced ability to perform those promises.
Illustrative commitment-capacity relationship:

Acceptance capacity − outstanding commitments = remaining acceptance capacity

This conceptual identity can inform Pool risk limits: unlimited issuance does not imply unlimited acceptance. It is not a balance-sheet identity or a statement that every Voucher is legally a debt or loan.

Example: A transporter issues “100 rides” in Vouchers. A Pool accepts at most 40 rides worth at a time. If 15 accepted rides remain outstanding, the Pool has capacity to accept up to 25 additional rides under that policy. The calculation does not itself create a loan or guarantee fulfillment.