A review of blurts blockchain report By user accounts @symbionts of the coming code changes to take place soon. Your opinion matters

Laying things as they are.

Based only on my own observations and experience on the three blockchains (steemit, hive and blurt), I share with you all some links and simple explanations, to the best of my ability, to further explain what the techy language is saying. Laying out clear definitions.

If I left anything out, please make a post about it better than mine and share it here.

Many of the topics mentioned in the "Pip" have some technical terms that some know nothing of so, I will link the answers with video or articles previously well written with any questions as such:

What is a HardFork(HF)?

HF and SF(Soft Forks) must happen from time to patch security holes, for example, or to change the sub structure of the chain such as "the reward curve" as mentioned in symbiants report, to a more "linear one."

What that means for the chain will be discussed further below in light, but let us dive a little into what these terms mean. What is this curve?

In my own simple words, "The reward curve" is just this, a boundary of rules to keep reward distribution in check in according to consensus protocols, ie, witnesses agreeing to the rule changes.

In the old steemit days, reward curve was a major issue due to whale vote abuse and bidbot abuse.

"Here's how people bled steem dry of value while giving nothing back: People used a system called vote stacking. They make multiple bids to 5-10 bidbots and because of the way the reward curve works, as their post went up $50 - $80 - $120 etc, they compounded the gains they make from the bidbot votes. So what a lot of dodgy people were doing was using this method to garuntee $10/$20+ on posts that were utter garbage! Some were doing this multiple times a day. This is why imo(in my opinion) the best thing for steem is simply to push bidbots out of the system."
-raj808
Source

And push them out they did, on blurt we have bidbots, something I myself am also not to keen on, but since blurt token has no real intrinsic value of its own other than a method to pass wealth from one to another, with a double printing of blurt resources from thin air, I personally don't see it mattering that much at all.

But they patched up this issue nonetheless. A good call in my book. So if your buying votes, don't expect much from my end.

NEXT:

What is the reward pool?
Every day, a fixed amount of STEEM BLURT tokens are allocated to the network reward fund, commonly called the "reward pool." These get distributed to authors and curators for posting and voting on content.

Source: What is the rewards pool?

Well that covers the basics on a surface view.

Let's look into the changes in the coming few forks.

Each fork has these "bips" or points or issues that need to be addressed.
In the first upcoming HF which will be the 9th one otherwise known as

HF09

BIP 0001

Changing the reward curve to follow a linear curve. Which means that the field will be levelled between bots and people who engage in manual curation, considering that front running will no longer be as lucrative as before. People will not see a huge difference in the rewards that they are getting, but everyone will have a say directly proportional to their stake.

• What is front running?

Again we have steemit to have taken the front of the dpos experiment to know what happens after a linear curve is implemented.
steemits forgotten history tells: "convergent linear curve" what is it? And how is the change going to effect rewards?

The question I have no answer to, how similar of a result are we going to have?

A quote from the link above:

It was the year 2016 when we witnessed the first-ever decentralized social platform Steemit on the top of Steem Blockchain, at that time the reward curve on Steem Blockchain was quadratic/superlinear, with its function f(x)= x2. It really encouraged people to invest more in STEEM and then power it up as Steem Power(SP), as more SP you have, the more reward you can generate. But later it was found that it discouraged the common middle class and the Newcomers. Also, it led to-- "The rich get richer".

In the year 2017(June' 2017), the reward curve(quadratic equation) was replaced by a linear equation, f(x)=x. This really looked fair for all, in line with the spirit of decentralization & equal opportunities for all. But even if it looked fair to all, it led to a number of parallel posts, with no social intersection, people started self upvoting, so it was found that the social behavior tends to be selfish with a linear equation. Further, it also led to sheer abuse of reward pool by using bot upvote for poor content and pushing it to the top, which led to poor content discovery.

Is this what we are to face now in blurt? Encouraging more self votes and poor content discovery?

"It's not about quality"

It's about rewards. Less for you and more for them.
I think, a linear curve would be a shot in the foot.
We have self voters, circle jerks, bidbots and now "the linear curve" to encourage it more.

What did steemit coders do to fix this? A convergent linear curve was implemented. Causing self voting discouragement.

User sapwood adds:

The beauty of convergent linear reward is that every time a new user visits and curates the post, the STEEM reward per rShares increases. So more the people approve content, the more is the reward it generates and becomes a trending post, visible to all.

And with no Downvotes, and a convergent linear curve, IMO, would mean that posts would not be manipulated soley by highstake users but more by organic votes to push posts to trending.

But, we have bidbots.
Fuck.
And they can be "fixed" to push selective posts, based on how much you pay. Basically, if you got deep pockets, your posts can be on trending indefinitely, even if it is a shitty post.

@lucylin makes that quite clear here Its about data collection, "any data" and I want to add, about more rewards, for the upper gods above all of blurt. Lol.

It is a crab bucket and it is going to get crabbier, or the water is going reside as the bucket has holes in it and simply pretending it doesn't exist, while pretending it's a business, pursuading the crabs to drink less and add more water fast enough (extreme powerups) so that the rich at the top get the fresher water and crab food, above the rest, as the rest that are below, to keep this sinking boat afloat.

Fuck the middle and lower class right?

Feel free to correct these assumptions and points if I am off, but that is what I see coming here in BIP0001

Also, who is front running here? Where did that come from? Are there any examples to show this? Feel free to comment that out.

BIP0002

Removing the five-minute curation window, which will complement the new curation curve. People will no longer be penalized if they vote before five-minute or did not vote early.

5 minutes after a post is made is the time one should vote. Having this, can encourage people to read what they vote rather than voting on it and not reading it. A chance to incentivize content appreciation.

I would like this to stay as is for the issue of sniper curation. Removing this will, IMO, give the green light for curation bots to stay ahead of the curve above the organic voter.

Another shot in the foot, IMO. Your welcome to opine differently.

BIP 0003

Removing the last twelve hours curation penalty because it is a system inherited from the chain we forked from that no longer plays any role on Blurt considering that there is no rewards regulation on Blurt.

No reward regulations on blurt? Whats with the BP whitelist then? The change in reward curve about? Lol 😆

Steemit may not play a role directly, but it's experiences and its history can sure help us see what is to come on many fronts also with hive.

I sense self voting at the last minute coming. Do you? Since fewer eyes see this and with little to no data reports unlike what hive has established...

Yea, selfish self voters, you got it made, a window has been opened to you. But then again, why does it matter anyways when the value of blurt token is shite to none. Keep powering up smaller joes, blurt is printing double out of thin air anyways.

Let me remind you with a quick simple explenation video on why printing out of thin air is a joke, by learning how the monetary system works.

BIP 0004

Fixing the proposal system that caused the vote weight to be maintained even after the proposal is removed or deleted.

Hm, nothing interesting here to review. All is well. Any other fixes the public want to add to the proposal system? Now is your chance.

HF10

HF10 is basically witnesses getting a pay raise for running nodes and such.

BIP0005 sacrifices DAO funding from the inflatio to be redirected to witnesses instead and BIP0006:

This BIP seeks to flatten the witness reward curve through minor witness rewards distribution changes. Overall, witnesses across all ranks will see a decent bump in their pay.

"no reward regulation" Right.

ANYWAYS

HF11

BIP0007

Disable a witness automatically after missing x blocks in x day(s).

BIP 0008

Remove all witness votes from a witness after being disabled for x day(s).

BIP 0009

Deletion of disabled witnesses after being disabled for x day(s).

My question for all of these is how many is x days. Either way I see this as a good thing. Especially #08 and #09.

There is alot of vote weight still on for disabled witnesses long past overdue.

I would add bip to reestablish proxy voting since its removal in a previous HF. Not many know what to vote for and just vote blindly. Having someone they can trust who pays more attention to what witnesses do.

HF12

BIP 0010

Automatic removal of delegation after a period of 1 year. The goal is to avoid severe cases of abuse that are existing on other chains in situations where the original user is no longer active or deceased.

This would mean users would have to renew thwir delegations after 1 year. But it's not really their rightfull call to remove delegations right? Afterall, it's not their account to force upon their will. If a perso delegates that is their choice. As well when the remove it.

Not your keys, not your car.

How would you tell if they are no longer active? What if they go away for a few years and come back to see their assets washed away to oblivion? (see my comment on this)

My last question regarding if its ethical was ignored. Not surprised.

Hf13

No need to go into detail here, ita just fixed to increase the speed of transactions

Hf14

BIP 0015

Burning the assets of exchanges that did not honor the BLURT airdrop.

Which exchanges? There really isn't much to choose from that blurt has i exchanges. Why penalize them for not receiving the airdrop? It's voluntary no?

BIP 0016

Burning assets of dormant accounts.

See last link above of my comment on this.

I have nothing more to add and comment on. Seems symbionts post already has some more heads turning in their comments so I'm off to reading those.

Cheers everyone.

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