Is that when Rychade and Megalomaniac are going to end their corruption?
RE: My reply to @khrom, seen from a wider perspective...SELL! SELL ! SELL!
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My reply to @khrom, seen from a wider perspective...SELL! SELL ! SELL!
I doubt it, but it took about six months to a year for most of the projects I've seen to bounce back from the crisis or fail completely right after things started to go wrong. And more or less after such a time it was clear that if you still have any coins in this project, you can easily withdraw them because they are unlikely to rebound. Although these are just statistics, and examples of projects such as dogecoin, which was a shitcoin for 2 years, of course teach us that sometimes something unpredictable can happen.
Hi @khrom & @drutter,
(Just thought I would interject here.)
We also need to consider... the crypto tide is receding. Once value begins to flow back into the crypto sea all the fundamentals change.
There are seasons... and now is the time to invest in the future rather than expect the returns of summer.
We are here... and that means we have made the decision to go long on Blurt.
There are always going to be problems to solve... the bigger (more successful) the project the bigger the problems there will be to solve.
Rather than thinking Blurt is broken... we all need to remember the reasons why we first came here in the first place... and find vision/ways to build undeniable value around the platform we have chosen to establish ourselves on. (That's my point of reference anyways.)
Sincerely,
@wil.metcalfe
Comet Ranker
those are golden words. It is in this spirit that I try to act.
Despite being aware of the problem of blurt bososter. Here I will add from myself about the booster because you asked what it was about.
The problem is that it's the biggest force after upu. Unlike upu, the entire stake belongs to the founders and they have power over it, and in the case of upu, these are funds from the delegation. In the first case, only the founders earn money on the treatment, who by the way use this account to maintain power, regardless of whether others like their actions or not, which disturbs the assumptions of this blockchain as a place where we decide who creates it.
However, while it is still understandable, the biggest problem with this sum is that it was entirely printed by the regent's account, which was programmed to create these blurts out of nothing for 2 years. And here is the greatest risk:
These are mega-easy blurts for free that have a value in the pot that is almost equivalent to what all the rest have. In the event that they were paid out, for example, during some bull market in the future, they would reset the stock market, crashing the market and leaving people who invested here, huge money with nothing.
The more so that they are owned by the same people who are responsible for most of the infrastructure through which blurt works. Which in the case of the aforementioned action would practically bury this network at the moment and would not even give a chance for these investors to get back, for example, in the future.
Of course, it cannot be assumed that this is the intention of the creators, but also taking into account the numerous already famous scams on the crypto market, it is also not surprising that such "setting" raises anxiety, especially among investors such as mk and ctime who have the most to lose here.
Well we can hope to be the next dogecoin I guess. But I really don't see it happening unless the corruption ends. The corrupt ones who rule this chain will just continue to take all the profits for themselves. I don't think dogecoin was ruled by 3 corrupt circle-jerking comment farmers using printed stake against everyone else. We don't have a year and a half, if we don't prove ourselves as viable immediately there's no future here. It is most likely already too late.
Therefore, I believe that one of the key issues is promotion.
In turn, regarding this sum, @mariuszkarowski said somewhere that when it comes to rycharde, it is a drop in the ocean and if the blurt network were visited by 2 or three more investors like mk and ctime, this sum that holds and multiplies megadrive on blurtbooster it wouldn't be so overwhelming either. The whole pain with this is that it is a matter of scale that in relation to the price of blurt and the number of applications and other functions that have here, this amount is simply large for now. However, there is a chance to disperse it to other users and change the balance of power here.
Yeah, well you know how I feel about promoting (advertising) a garbage product... it's harmful to the platform because it will permanently drive people away. We can't in our right minds promote a corrupt blockchain to investors or creators, knowing they will be harmed by getting involved. Anyone with a brain will look into this place upon hearing about it, and run screaming away, probably forever. I would never recommend a corrupt platform to my friends or family, or even strangers. We must stop the corruption, hypocrisy, and cronyism that is eating away at every corner of Blurt.
If Richarde's abuse, with millions of printed stake, is considered no big deal, why does he do everything possible to stop others from doing it? Why not let it happen if it doesn't matter? Yet when I joined here, and many times since, I have seen that we are expected to NEVER milk the system with comment-farming or circle-jerking, even in tiny amounts. The founders were clear to me when I signed up in my first post, welcoming me here but warning against such antics. Vote for your wife, no problem, they said... just don't vote for your own comments on a regular basis, and don't be a bad curator by making arrangements with other users to vote each other in a circle-jerk. I guess only they're allowed to do this (hypocrisy)?
Maybe I'll start voting all my own comments 100%, instead of giving away the reward pool to real content I see on this blockchain? It's much easier, and if you don't see a problem with it, my tiny amount shouldn't be an issue.
PS: Want to vote all my comments 100%? I'll do the same for you! Save time looking for real content to vote... and make much more money every day! Sound good? ;)
well what can i tell you... i understand your strong sense of justice screaming out loud to do something about it. The problem is that we do not live in a perfect world, and there are never ideal conditions.
On hive corruption, corruption and censorship was due to downvoting, on steem we have a dictator, and here we have corruption in the form of blurtbooster. From my perspective, Blurt is a bit like a town. You have to look at it more broadly in any town you will never eliminate corruption and corruption in 100%, you can only make sure that they are at an acceptable level.
This is because there will always be people who are able to act outside the law and get away with it. Ironically, these are usually people in power, such as the sheriff, the mayor, and the judge.
Does this mean, however, that we are to leave the city and not try to develop it, promote it and act locally so that residents can live better? Of course, it would be ideal to put the mayor and his clit behind bars, but that's not always possible. However, sometimes it is enough to simply deprive him of agency so that his influence is minimal and he cannot continue to cause serious damage.
That's how I see what happened when most Blurtaim lost trust in MD and rycharde a mk and ctime put me or fervi on the first position. What can be done is, for example, if, for example, a few more people like you who can think independently, just took care of participating in the life of the platform, e.g. by becoming a witness, then it would be, for example, whom to vote for and we could veto any unfavorable changes in the blockchain.
And this is really a lot because even though the fake stake will not be removed from the blurt booster, any such modification will not be allowed to come into force again.
setting up own RPC node + image server, own frontend and if it was really hot, what a glue chain separation and how with hive and steem when justin appeared and then it's fun in your own backyard. This is how decentralization works...
And so, bit by bit, acting one way or another, people with the heart on the right side will eventually create a better blockchain.
I think the main mistake in your thinking is that you look at this network as a broken item that needs to be fixed otherwise it is useless, and not as I wrote under the post, @word-travel-pro as an ecosystem or a town.
Blockchain is just servers, lines of code, numbers and stuff, but the real soul of this project is people. See these are the same faces that have already met somewhere on Steem and are sticking to this project until now. It is a certain philosophy, a predilection for specific solutions and a certain hope placed in these solutions that hold them together and have brought them here. So if necessary, there will be another "blurt" to which they will move, if it is not possible to fix the situation here and they will be followed by other people who came here thanks to the promotion ;) The promotion is only so that people for whom this vision of solutions is just right what they were looking for, they found their proper environment.
Blurt is not perfect but is better than hive and steem so there is some progress here.
Great analysis and response. I do appreciate hearing your mind in this comment @khrom. I'm thinking along the same lines as you are.
Question. Can either (or both) you and @drutter fill me in on the blurtbooster situation? I would like to fully understand this.
Blurtbooster is a bot account that has delegations of printed stake from the founder accounts, making it by far the largest curator (user of the reward pool):
https://blurtlatam.intinte.org/blurt/@drutter/i-am-a-top-20-blurt-curator-delegate-your-bp-here
It automatically votes on essentially every new post at exactly the 5 minute mark (maximizing its curation profits), somewhere between 1% and 15% strength, depending on an algorithm. I don't know the parameters of the algorithm and believe they have not been divulged, but it seems longer posts with more links, formatting, and images seem to be favoured. Also, not posting the same content to other chains seems to be favoured. It is Blurt Universal Basic Income (I like to call it BUBI, as in milking the booby), encouraging frequent low-effort posts gaming the bot for profits at the expense of the reward pool.
I wrote about it 3 months ago here: https://blurtlatam.intinte.org/blurt/@drutter/blurtbooster
Blurtbooster also votes on witnesses with the printed stake, greatly affecting who has influence and income on Blurt that way as well.
Happy new year and have a great day!
Ok! This is good information. I'll read the links you left (and read all the comments). Thank you for those Drutter! (And yes! Happy 2023 to you as well my friend!) 🙏
By the way... I'm sure you address this in your posts but do you know who is directing this legacy stake? Surely it's not just a bot on the loose. There must be someone with a reason (tbd?) behind this...
As well... @khrom do you have a particular take on the blurtbooster account? I would be very interested to hear your thoughts. 🙏
As well... I'm wondering what your thoughts are Dan and Tom. 🙏 @world-travel-pro @outofthematrix
And while I'm asking around... I just voted @nalexadre for witness as I appreciate the work he is doing to get relevant and valuable information to us. Nalexadre do you have any thoughts about the blurtbooster account? I would be most appreciative to hear your thoughts on this topic. 🙏
"will never eliminate corruption and corruption in 100%, you can only make sure that they are at an acceptable level."
Corruption on Blurt is not at an acceptable level. It is so bad that it is ruining the platform for all users except the corrupt insiders. For example, I am one of the top curators AND top creators, and yet I am not growing, nor am I reaching anyone with my message, nor am I making any money.
"mk and ctime put me or fervi on the first position"
I'm happy that happened, but it did not solve the problem. As you have pointed out, witnesses can only witness, they do not have access to the back end of the platform, they don't gain access to the printed stake (which dominates the blockchain), they can't ban or unban users, freeze or unfreeze wallets, etc.
"we could veto any unfavorable changes in the blockchain"
Could we really? All we need is another witness or two that thinks like us, and we can fix things? What can we fix? I've never been a witness so your advice would be valuable.
"setting up own RPC node + image server, own frontend and if it was really hot, what a glue chain separation and how with hive and steem when justin appeared and then it's fun in your own backyard."
Can you explain this a bit more?
"I think the main mistake in your thinking is that you look at this network as a broken item that needs to be fixed otherwise it is useless, and not.. as an ecosystem or a town."
I look at this network as an ecosystem or town that is broken and needs to be fixed.
"if necessary, there will be another "blurt" to which they will move"
Yeah, maybe. It seems that with each move, we get smaller and smaller, leaving behind a majority of people who simply don't care enough to make the change. And the token price just gets smaller and smaller as well. Blurt's top price was 0.11 and we may never get back there. Hive's top was 3.4, and Steem's top was 8.2 USD. In each case, the top came early on, except Hive, which existed since 2020 and had its top in Nov 2021. Will Blurt get back to the tiny price of 0.11 USD? We are down 97% from there at the moment.
I agree Blurt is better in some ways than Steem and Hive, for example, it has a more original name. I know of many Steems and Hives on the internet but I don't know of any other Blurts. We could definitely use a better logo, though... that angry face drives a lot of people away.
well, here you need specific numbers and charts because based on impressions, you can only speculate. There is a problem, but no one has yet clearly estimated how serious it is.
not quite so. Witness has a version of the blockchain network that he can modify in any way through a hard fork that he can perform.
The problem is that in order for such changes to pass, most witnesses must agree to this update and upload it to their installations or it will simply not pass. Basically, the relevant specialists could thus gain full control over the blurt if they were in the majority of the top 20 simply by updating accordingly. This is why, according to the MD team, the blurtbooster was created. In part, the intention to secure the network with a rate controlled by the founders so that they could not be easily thrown out of the top 20 is therefore right because it protects the network from, for example, another Justin Sun who could simply take over the network with a huge amount of money. The problem is that in addition to this advantage, there are also numerous disadvantages that you know, of course.
And image servers storing all images of course.
👀