How much does it cost to run infrastructure for Blurt? We don't see hive witnesses and node operators asking for money to run those, and I'm sure that's a hell of a lot more costlier to run than Blurt. Without concrete numbers, it's going to have to be a no. And the bigger problem is, what happens if the payout isn't enough? What happens if Blurt drops and they are getting paid only half of what's needed to keep up the infrastructure? We we just say fuck it and let them keep getting paid while not hosting stuff or should they continue to host stuff and not get paid?
RE: Blurt Community Survey: Should We Fund Some Critical Infrastructure?
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Blurt Community Survey: Should We Fund Some Critical Infrastructure?
The ecosyth team is not running a witness, Hive top20 witnesses earn fairly well to be able to support other projects they earn something like 7 to 14k USD per month depending on Hive price. Blurt top 20 earn like 70 USD per month at current price and just covers cost and not even man hours.
That's fair. Is my assumption that Blurt costs a lot less to host accurate(not counting man hours, just straight bills that that would need to be paid)?
Yeah you can run a witness server for like $12 pm plus another backup server for the same. Hive servers in comparison cost at least 6x more.
Makes sense why they are running a proposal then. The proposal system on Hive seems to work a lot better since HBD is pegged to USD, which is how prices are determined. With Blurt, we never really know how much they are going to get paid. If the price of Blurt somehow shoots up, we are overpaying everyone in the proposal system. If it drops flat, we are underpaying. Has there been a good solution to this? Until then, I think post payouts might be the best way for everyone using the proposal system, and it allows for progress updates as well.
I was thinking the same thing. The price of blurt can double, triple....or get cut in half so easily. Maybe there is another way all together like you suggest "post payouts".
One thing I can say with confidence, is like @megadrive.....you too seem to really know your shit. Glad to have you here as part of the conversation. Thank you for taking the time! :) Oh....and that goes for @randula too ;)
Cc @worldtravelpro, yeah that’s the downside, it’s also not a smart system as doesn’t pay on completed milestones, I don’t particilarly like the system, makes more sense if it pays to a central dao of a few qualified business oriented trustees to evaluate and pay manually on completed deliverables.
In some ways it is better we don’t have a stable coin as there is less regulatory risk.
Also I've been wondering, in order to reduce costs could Blurt not put it's content on IPFS? Each witness should run a IPFS node alongside their blurt witness node and posts/comments can just be ipfs CID's instead of all the text to save users on fees on Blurt. And then the frontends can pull the data from the IPFS nodes that each witness will be running and the witnesses can just pin every single content to make sure it'll always be there.
Not only the top 20 witnesses in the hive, but they also have well-funded proposals in the system as far as I know?
No the Symbionts team isn’t on Hive and the Steem proposal system is blocked up by Justin Sun
I am not talking about symbiont team..I know they are not in the hive..I told that there are devs in the Hive who get well funded through the witnesses rewards and proposals. So, in the blurt we also give the opportunity to devs to funded for their projects through proposals. Otherwise devs will stop their works here.
Yes correct
As far as I know, there is a proposal system for Hive also and with the hive price, they are getting funds more than what they need. In blurt, it's not really easy to talk about the price.
For now, they have given their proposal and if we like we can vote on them. But if the price is going down and down, if they didn't get what they require for maintenance, maybe they have to add a new proposal and ask for a new budget.