Hello Dear Blurt community,
As you may know, I am one of the top 20 Witness (i.e. block producers) of the Blurt blockchain. It has been a successful 8 months since I launched my professional-grade Witness server hosted in a top-tier European data center. Throughout this period, my server has undergone some hard forks and has an impressive track record of registering hundreds of thousands of blocks on the blockchain, missing only four.
In addition to my successful Witness server, I have accomplished other significant milestones during this time. Specifically, I created and made available to the community an RPC node that integrates the NEXUS community system for which I pay at a loss the cost of maintenance and operation each month. I also provided valuable support and guidance to fellow developers working on Blurt blockchain. Moreover, I contributed to the community by developing open-source tools and libraries for Blurt, which can assist in onboarding new dApp developers. It's worth noting that I made also substantial investment by purchasing 1,400,000 BLURT from various exchanges during this same period.
Furthermore, six months ago, I embarked on developing BeBlurt, a comprehensive dApp for the Blurt blockchain that integrates governance tools, a user-friendly frontend, and advanced statistical analysis tools. I am continually working on new features, with more exciting updates in the pipeline.
Hence, I strongly believe that now is the right time to seek the BLURT decentralized fund's support by submitting a proposal.
What is the The Blurt Decentralized Fund (BDF)
The Blurt Decentralized Fund (BDF) is a community-driven decentralized finance platform that operates on the Blurt blockchain. The BDF was created to provide financial support to Blurt ecosystem projects that contribute to the growth and development of the platform.
The BDF operates through a decentralized autonomous organization (DAO) that allows stakeholders to collectively make decisions on funding proposals. Anyone can submit a proposal for funding, and the community votes to determine which proposals will receive funding.
The BDF operates transparently, with all funding decisions and transactions recorded on the Blurt blockchain for anyone to see. This transparency ensures that the community can hold the BDF accountable for its funding decisions and promotes trust in the organization.
Proposals can range from technical development to marketing and community building initiatives, and are subject to community review and approval before funding is allocated.
By incentivizing participation and contribution, the BDF aims to create a sustainable and thriving ecosystem that benefits all stakeholders. It operates on the principles of transparency, decentralization, and community empowerment, and aims to create a more equitable and inclusive financial system.
Goals and Objectives:
The main goal of this proposal is to recover the investment made in previous efforts and projects, as well as to continue supporting the Blurt blockchain community. In addition, the proposal aims to achieve the following objectives:
- Continue developing and improving existing open-source tools, while also creating new tools as needed to enhance the Blurt blockchain ecosystem.
- Maintain and develop the Nexus RPC node architecture for the Blurt blockchain to ensure efficient and reliable access for everyone.
- Continue to provide high-quality assistance, advice, and support to developers in their Blurt dApp development efforts through a variety of channels.
- Create a dedicated portal for the Blurt blockchain that includes projects/dApps/tools listing, block explorer and a comprehensive developer documentation.
- and so on, it depends of you
Achievements on Blurt
Blurt RPC nodes checker:
Checks the status of the RPC nodes servers (latency, availability, methods) of the Blurt blockchain at a specified interval and sends a report via a RxJS subscription. The library also allows you to identify the compatibility of an RPC node with Nexus (communities on the Blurt blockchain) and to adapt the full test accordingly by including the Nexus methods. Last post: [Tools for Devs] Blurt Nodes Checker
Blurt Nodes Checker is available on:
gitlab: https://gitlab.com/beblurt/blurt-nodes-checker
npm: https://www.npmjs.com/package/@beblurt/blurt-nodes-checker
BLURT Account Creation:
ESM Typscript BLURT blockchain account creation via command line (inquirer)
BLURT Account Creation is available on:
https://gitlab.com/beblurt/blurt-account-creation
dBlurt:
Client library for the Blurt blockchain (JSON-RPC connector) that runs in both node.js and the browser. Client library implementing Nexus connector for community management as well. Last post: dBlurt | v0.9.11 | Encoding/Decoding Memo
dblurt is available on:
gitlab: https://gitlab.com/beblurt/dblurt
npm: https://www.npmjs.com/package/@beblurt/dblurt
and a documentation generated using TypeDoc is available at https://dblurt.beblurt.com/
Blurt RPC server with Nexus extension:
Located on a backbone in Europe some 200km from London, 300km from Paris, and 350km from Amsterdam, it's an Intel Xeon E3-1230v6 4 cores, 8 threads clocked at 3.50 GHz with 32GB DDR4 ECC 2133MHz RAM and 1TB in NVMe SSD. Last post: New RPC node for the Blurt Blockchain with Nexus
available at: https://rpc.beblurt.com
Budget:
The proposed budget for this proposal is 3,500 BLURT/day ($447.95/month at the current price) during a period of 1 year.
Conclusion:
A new and fresh wind is blowing over Blurt, I believe that the current status quo on the Blurt decentralized fund (BDF) is ripe for change, and I hope that my proposal, along with @khrom's before mine, will inspire others.
I firmly believe that the Blurt decentralized fund (BDF) can serve as an excellent means of support to advance Blurt towards success and attract more developers and marketers to the platform.
Now is an opportune time to review the proposals you endorse and cast your vote for new ones. You can do this via the newly released update (v0.5.0) on the BeBlurt dApp, which now incorporates the proposal system. Alternatively, you can use the traditional method and vote via your wallet.
To vote via BeBlurt: https://beblurt.com/proposals
To vote via Wallet: https://blurtwallet.com/proposals
If you're reading this post on BeBlurt, you'll find the "Approve this proposal" button located on the right-hand side of the post (on a computer) or below the post (on a smartphone).
Original photos of this post by Mohammad Rahmani, Andre Taissin and Ronnie Overgoor
You have my full support. Just voted for your proposal and khrom's one too. Looking forward to seeing you both at the top of the proposal list.
Thanks a lot for your support :)
I think BeBlurt might become (if it isn't already) the PeakD of Blurt. I'm loving where you're going with all this. Supporting this proposal is a no-brainer.
I'll reblog this and try to get more attention on it. You definitely deserve to get remunerated for your contributions.
Thank you so much for your kind words and support! When I first joined the Steem blockchain back in 2018, there were only a few frontends available, such as Steemit and Busy. However, as an author, I found them lacking in features that I needed. I had always wanted to create my own frontend, but due to my job and other responsibilities, I never had the chance to do so. Some months after, new frontends like Steempeak and eSteem emerged, and I put my idea on hold. Now that I have more time and Blurt being an interesting blockchain with potential, I thought it was a great opportunity to take this idea back as well as some others I have in stock.
Congratulations!
You have recieved a coconutty upvote! 🥥
Thank you for contributing to the Blurt Blockchain!
Keep up the great work!
Curated by @outofthematrix!
Please take a moment to vote for my witness.
You can do this by logging into your wallet with your active key! 🗳️ https://blurtwallet.com/~witnesses?highlight=outofthematrix
Thanks for the coconutty ;)
Re🤬eD
🥓
My answer is same as to @khrom, which is no. Proposal system is broken anyway. By the way, did you know that every week this blockchain prints more than 760K new BLURT? At least half of that total goes to megadrive. Week after week.
Wouldn't it be more reasonable if these
gained with "fake stake" funds would go to the developers instead of into his pocket?
In my opinion, DAO should be removed from this blockchain and megadrive (guy who doesn't want to burn fake stake) should delegate it to people like you, fervi, khrom and a few others.
Firstly, thank you for your manual (I owe you that much for being a manual post voter!) 100% upvote, reblog, and making your comment short.
I must admit that I find your early stance somewhat surprising given that you are an investor in Blurt. I was hoping you would support other proposals, not immediately but a little later to see if our proposals move the needle, in addition to your own, even if that excludes mine.
Regarding the issue of the proposal system being broken, I don't quite see how it is unless you are referring to the fix (the recount
proposal_votes_forin all account) planned in the next hardfork.Furthermore, I don't understand how denying funding to external developers and marketers, such as @khrom, myself, or others, who could potentially help grow Blurt, would negatively impact @megadrive to a greater extent than it would impact your own investment in Blurt. Besides, I doubt that @megadrive is particularly concerned about whether or not my or @khrom's proposal is validated.
In any case, both of our proposals remain valid for the time being, and I hope that they will encourage action from all sides and others to also try to make a proposal. I encourage you to revisit the proposals later on, and see who is voting for what.
Personally what I expect from the foundation is to support the costs of the primary architecture (official RPC nodes, official image proxy servers, official portal, blocks explorer, etc...) as well as providing viable tools for developers (like Testnet), the development of the Blurt core, and ensure the sustainability of the blockchain. The external devs (and others) must keep their independence via a financing mainly covered by the system of proposals.
I’m curious what type of developments in Blurt do you perceive deem for funding?
From you and @symbionts I expect a BLURT return to @null. You know what I'm talking about. In real life I stay away from dishonest people, here it is a little different. So I will answer you, I will also answer others @khrom, @nalexandre
50%, in fact, it's probably 60% of the reward pool + witness earnings should cover all expenses and pay the entire army of developers.
60% developers - 40% investors. Is this a good business model? I would say yes, devs should not complain.
So where is the problem? Why are all of you unhappy?
Fake stake is the problem, if megadrive doesn't want to burn it then he should delegate it to developers, to curation groups and to regional communities (different languages).
If he did that then no promotional initiatives would be needed, because people would come on their own, as one would invite the other. There is power in people
Unfortunately, it seems to me that megadrive is under the influence of rycharde, who transfers huge amounts of BLURT to exchanges
https://ecosynthesizer.com/blurt/@mapac and thinks he should receive 100K BLURT a month for doing that, to the end of his life.
If you guys have access to witnesses chat then it would be worth for you to discuss what I am talking about with megadrive.
The truth about BLURT is that we have no investors because who would want to invest in such a blockchain, where 60% of the newly produced coins are claimed by one guy?
I don't want to anymore. Yesterday I withdrew funds from swap pools. I hope this won't significantly affect the price of BLURT, but if no one buys what rycharde is selling then the worst case scenario may happen
In short, I see only two possibilities that can save Blurt from collapse:
Edit. also to apps like dtube, actifit, blurtlatam etc....
Edit2.
Correction: I made a mistake in calculation: assuming that we produce 2.8M BLURT per month and the blurtbooster earns 900/2 K per month, the percentage of new coins that go to megadrive is much smaller, this does not change the fact that it should be 0%. Fake stake should not be multiplied
If you want some numbers on the creation of new Blurt token per block I invite you to read my last post. You have also my monthly Blurt's data post and you can take a look at the analytics dashboard of specifics accounts on BeBlurt to complete your investigation using the block explorer and Ecosynthesizer. If you have an analysis suggestion to add to the monthly Blurt's data post don't hesitate, if it is relevant and possible I will add it on the next one.
For a better understanding please give the name of the account instead of talking about fake wallet, I never know what you include in this term that speaks only to you. I am from a generation that recognizes merit, risk taking and initiative and what you call Fake Stake I call it the counterpart.
A one-month as a top 20 witness earns a sum of 14,500 BLURT (equivalent to $40 at the current market value). This remuneration merely covers the costs associated with a professional-grade server and minimal monthly maintenance expenses. It is important to note that this does not account for individuals outside the top 20, who receive lower compensation.
The cost for a professional-grade server required for a Remote Procedure Call (RPC) node alone amounts to $100, and this is solely due to the blockchain's relatively small size. The cost of a proxy image server which is still higher will depend on its storage capacity. And we can go on but I prefer to stay on the surface to keep a clear speech.
After yes you can cheat for your witness node and use your low quality bandwidth at home with a old computer at the price of a poor quality of the P2P network a lot of block missed and instability of the whole blockchain.
To give you an idea of the rate of a developer, an experienced European Fullstack developer $60/hour (freelance), a novice Thai developer who just finished university $10/hour.
If you can show me where I can find this information I will thank you. Don't get me wrong, I'm not saying that nobody is selling or claiming nothing at all.
BLURT have no investors because nobody know it, it's not on major exchange (Binance, Upbit...), there is no volume and that the purchases/sales are made on an obscure second level network not recognized by major players like CoinMarketCap or CoinGecko.
I will not answer in the place of the foundation for certain questions nor for the management of their wallets, because on the one hand that does not interest me and on the other hand apart from what I put in my previous comment I have nothing else to add (except one below).
Do you remember how Dtube received huge amount by Steemit by this way, for what result, a Joke of Youtube like where majority of the video are from Youtube. It's for this I'm in favor of the Blurt Decentralized Fund for project where there is more than one person who decide.
Supporting curation groups and regional communities (different languages) by doing delegation is a point of view I share, but it's valid also for every account.
Promotion is the most important, what is the point of building the best social blockchain if no one knows? What @khrom is trying to do at his level is essential unless you have 100 years to wait for the name Blurt blockchain to be known and recognized.
You see the problem with misunderstanding of REAL economics by team. (or in some cases intentional misunderstanding) Programs and functions are functions, but the real world has programmers' imaginations in the ass. You bring arguments about costs here as a witness I agree with you 100% - these things cost - although you can also minimize these costs, for example, by not renting vps or servers, but by putting your own.
The problem is the lack of understanding why blurt is worth what it is worth. You and the rest of the team believe in fairy tales about some mystical FUD that spoils the price.
You see for me as a person maybe not so familiar with programming but perfectly understanding Economics, this is just nonsense.
This can be compared to the fairy tales that, for example, the government has been telling in my country for a year now that high inflation is Putin's fault. Fairy tales that completely ignore that during the pandemic, the same government (and not just mine) printed billions of extra zlotys out of thin air to cover the costs of a closed economy.
FUD is just such a fairy tale told by @megadrive to cover the effects of reprinting made by the regent account, and then multiplying this sum by the @blurtbooster account, as well as the effects of distributing the prize from the DAO for the collective symbiote proposal and for other already deleted proposals which, due to an error, resulted in that there is a bug with counting votes are still active.
FUD has some influence on the price of the token, but these are temporary bursts of individual investors, and most often the inexperienced ones.
The serious things that BLOCK investors from investing in blurt are: low market depth
Back to the price:
So say"thanks to" the megadrive that your and my wages as a witness are worth so little. However, what mk did, you will certainly feel that your investments and blurts could go higher. How?
He burning 10% of DAO fund so basically real inflation is now not 8.67% but 8.67%-8.67%*0.1 = 7.803 so basically we got + 0,867% less blurts in pool so the same amount less on market. That means that price of blurt will go up in time because less tokens means more buyers because of this price distance shrinking.
Khrom for 1st place witness!
adding a conclusion at the end... the point is to create value in the price of the token. these factors are achieved by a constant slight increase in price relative to the price of BTC and other tokens.
After increasing the depth of the market which comes with increasing interest in the token and this comes from the price increase and promotion.
At the end, however, the use of this increase to provide such services that will make this increase "full", i.e. the increase in price must be accompanied by a real increase in the value of the service. That is, the development of things that can actually earn money and encourage users to use it because they find some greater utility here, apart from multiplying their money.
So lets just imagine what could happens if we burn blurt booster how much price will jump. We could start new wave of interesting in blurt and many new investors. Deepness of market will rise the same as a credibility.
I have never mentioned FUD in any comment or on Discord (or I'm getting really old), you must be mistaken with someone. In your speech or the one of MK, even ctime there are interesting things and some interesting questions sometimes but I find them totally spoiled by a lack of rigor of investigation and too much approximation, exaggeration, and interpretation.
maybe not, but you support people who does that.
Your programming skills, on the other hand, are very high and your front end turns into a small work of art, but you lack a lot of abstract thinking skills and therefore you think that you have:
Analyses and detailed disassembly of everything into prime factors is indeed a valuable thing, but you see, it's the same with conventional medicine and Chinese medicine.
The former decomposes a person into the tiniest "systems" and carefully examines each and every microbe.
the latter does not even recognize the immune system in the form of the former.
Both treat chronic diseases, but the latter - Chinese medicine - is much more effective and safer.
Sometimes just getting too much into details makes us lose sight of the whole picture ;] I believe that's the case with you and that you'll come to your senses even more.
I don’t understand why more people on Blurt don’t share their Blurt posts on places like X.com using #blurt #crypto hashtags and their Blurt blog links. @khrom
well promotion is like a stone rolling down a hill. It starts innocently and can turn into an unstoppable avalanche. The problem is that first you have to climb the hill and roll the large enough stone there.
Unfortunately, most people rely on this stage because rolling the stone requires a lot of work and money.
People think that it is enough for the product to be good, but this is nonsense. Today there are thousands of good products, but few people buy them. Instead, people are drawn like moths to overrated products of large brands because they simply see their advertisements and, on the one hand, they are too lazy to look for alternatives, and on the other hand, people want to be where other people are and use what others have because it is a matter of socialization.
Without a sponsor and money, there will be no avalanche for us, unless some random situation happens, such as people hating a certain medium, e.g. reddit, for something and they will look for alternatives and then they will come to us ;]
Not much work at all…. It takes 2 seconds to click this little bird icon and add #blurt hashtag to your tweet. People are just super lazy.
Thank you for your response. I hope you find the answer to your problems.
It's beyond my capability to address them.
you see @world-travel-pro? this is exactly what i'm talking about on witness chat recently. But i didn't realize that there is so bad. 50 -60% ? Now you know what destroying blurt? It's not any "Fud" or lucylin or whoever you want to blame. Its Blurt booster socialgraph rycharde and fake stake. Its good to have some secure assets on your own wallet, but that what megadrive does, it's cheating and stealing investors money and lowering the price by his greediness.
wonder why he's not on blurt or witness chat now or doing anything lately. Is this how a person who has nothing to hide and feels just "burnt" socially behaves or what else you can't come up with.
If I had big plans for my project and wanted its good, I would try to manage the situation somehow and not disappear without a word.
No you and MK are wrong.....Megadrive has not sold any blurt to my knowledge and has publicly stated he does not intend to as he does not want to collapse the price nor needs the money.
The blockchain was set up for him to have power equivalent to that of the FED apparently....I'm not saying I agree with the set up...but so far he has held true to his word and I do not believe any of the founds have been sold at all, even at 10 cents briefly, or 2-4 cents for months...THERE WAS NO SELLING FROM THE FOUNDERS.
So a paranoid guy that keeps who knows how much of his money in a bank, in paper, trust the bank, but fully expects and anticipates megadrive to be a big thief, yet has done absently nothing that warrants such assumptions. I suggest, MK sell all his holdings to me at market price if he does not trust megadrive to not steel and dump all that blurt.
That being said it is expected for founders to sell some, once blurt is well off the ground and established.
Furthermore MK is taking in a shit ton too and here I am the only one delegating my holdings, looking for talent to better the platform, while I'm worth a fraction of these other two guys.
Another misnomer is that, the propaganda pusher scumbag MK....has equated socialgraph and whatever other community curation accounts as @megadrive's money too, which you and many other's are so quick to believe.
Just because he has the keys to the accounts does not equate to him planning/scheming on robbing the bank. Yes it's true the easiest way to rob a bank is to own the bank, but that makes megadrive no different then any other owner of a financial institution. So in the mind of a paranoid nut, everyone is guilty before even doing anything. MK should keep 100% of his wealth in gold under his mattress if he is so hung up on third party risk.
Did MK not ask for keys to that social graph account also at one time. I believe he did. So if the keys were given to MK...then MK would be the piece of shit who owns all the blurt, and of course we would then all be counting down anticipating the day when he steels it all. This is just totally nuts fucked up paranoid thinking, I can't believe how easily everyone just buys into it.
Those funds where created to help get the blockchain going with a fat curation account...currently Blurt booster, which is doing very well since I've gotten involved.
With this dumb as F logic of MK, you mind as well call megadrive a thief before he's stolen anything, call him a lair before he's been proven to lie about anything.
@megadrive is guilty of nothing cause he's done nothing, but create this blockchain we all use to entertain ourselves and whet ever else. He never even froze accounts. They act like a threat, is worse then even doing it, and by the way I helped put a stop to that immediately.
Bottom line is, this a bunch of I don't trust, and I don't like that guy crap....
MK and only MK is to be trusted with the keys to the big curation accounts. lol
So what the fuck is MK doing, holding and buying millions of that guy's shit coin?
That is the biggest mystery that nobody is asking.
Only thing I can conclude is that MK is a paranoid nut job. End of story.
However....I'm all for devs and people getting paid out of income produced from the socialgraph money. That is something that should be discussed in the witness chat. Feel free to lead on that one, you'll have my support.
It's exactly like a bank but the same as the Fed. He prints fake money out of the air to rob his customers and investors, by putting this fake money into circulation and selling it just like the world's banks causing high inflation which is a hidden tax. And that makes him guilty, because this practice is nothing more than corrupting money.
This is criminal activity, but in today's world where people are used to being fucked by banks and other financial institutions, few people understand how serious this crime is and what far-reaching consequences it has.
Once the economy depends on reprinting, then it can't stop this practice because all the false positions and economically unprofitable work that was done in exchange for this money does not allow you to stop reprinting because the investments do not pay off.
And that's what you have on the blurt. Mega paid this money out of thin air for things like improving the appearance of blurt's code or mute functions that no one wanted (look at gitlab for how many such items you will find there), and blurt barely had the capital to carry out any activities that could start make money for yourself.
I bet if he paid with his own money and not with investors' money, he wouldn't be so eager to support things that don't pay off. Just like mk does here.
In other words it's no different than steem and hive when it comes to centralization of power, but no downvote. Good enough for me, not like I've put any kind of serious holdings here...lol But damn, if MK put more than 10% of his net worth into Blurt, that is proof money and brains don't always go together.
Transparency 🥓
And truth 🤬
and this is it
Can we not just admit that this entire thing is a bunch of convoluted bullshit? That this could and should be a hell of a lot easier for any random person to hear, understand, form an opinion on, and have a say in it? Instead there are all kinds of programs, incentivization initiatives, and various other band-aids and fix-a-leaks?
Who the hell decided to start a fiat cryptocurrency?
I haven't been here long, so I missed the whole story (and I honestly don't really care), but I'd like to know who (other than the people who are actually profiting from this) thought it would be a good idea to have a cryptocurrency with built-in inflation?
Just to be clear: I obviously don't know fuck about shit, but I also don't think I'm an idiot, and I almost immediately gave up on trying to understand how Blurt actually works and what it's stakeholders' objectives actually are. (Again, I don't actually care, but I can say for certain that this entire system is wayyyy more complicated than it should be, so much so that outsiders have practically zero incentive to join the community.)
ok but the lack of funding for developers, infrastructure and the best ideas will discourage anyone from doing anything and @megadrive probably won't let go anyway.
You can give him an ultimatum, but he set the situation in such a way that he will be ahead anyway because he can withdraw the fake stake from blurt booster at any time and it will be a disaster. Not to mention that of course the blurt booster still creates money.
So I understand your approach, but what do you propose instead? Instead of developing blockchain, doing promotion or new applications, we will write posts to get donations?
The second thing is that from the point of view of the promoter it looks very bad. Dao is a key element of dppos. This reduces the potential for attracting new people.