from what i understand, your system spreads the risk, in much the same way as napster shared server loads, is that the correlation?

Indeed. The current position is that the risk load - which originates from the "end user" market participants - is currently being borne by middlemen/intermediaries.

Moreover, these risk intermediaries - and credit institutions are only one class, we also see "Central Counterparty" Clearing Houses - have been consolidating over time and now constitute what I believe to be "single points of failure".

The system must be disintermediated, and the risk shared between the end users who originate it. That process of risk outsourcing is what happend imperfectly and opaquely and led to the current disaster. We need a new, and simple, approach.

That is what "Peer to Peer" connectivity enables, and is what I was writing about seven years ago here

Market 3.0

It seems to have been picked up on (finally!) maybe because the Internet has matured, and "Peer to Peer" has come along and become more assimilated into peoples' thinking.

"The future is already here -- it's just not very evenly distributed" William Gibson