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!
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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. 🙏
Thanks a lot for your support @wil.metcalfe, as with everything that concerns IT, the bot blurtbooster does not escape the rule of the race with the abusers who always find a solution to hack the system.
Even if it has a certain number of rules as the fact of also looking at the comments made by the author that I have not seen mentioned above, a latency of a number of posts before the first vote etc. ... (for more info about the rules I think the best person is @saboin) some people find flaws, like using multi-translation in their posts for example.
For me, its main weakness is its too high and uncapped vote.
blurtbooster isn't the stake of only one person but it works the same way as upvu, you delegate a part of your BP to it and in exchange you receive a part of the curation.
My vision of Blurt is that of a syrup concentrate that needs to be diluted with water to be digestible.
I think that the upcoming arrival of communities on BLURT will be good for the ecosystem as it will make it easier for everyone to find their place, see the content that interests them more easily, and maybe the solution to dilute this syrup concentrate.
This facilitates the creation of frontends that present the BLURT blockchain in a different way, if the whales play the game by supporting some community owners through a remunerative delegation rather than using voting bots it can be an excellent booster too.
That's why in addition to the integration of communities on BeBlurt I'm also working on a system of delegation with automatic redistribution accessible to all owners of communities or other and to try to counterweight accounts like blurtbooster or upvu
As @khrom said very well
Blurt has both assets and interesting people (even those with whom we can have a different opinion as long as mutual respect is present) when you take the time to get to know them. Just like IRL, not everything is perfect, it's mainly a question of the slider between the positive/negative and our ability to make compromises while recognizing those made by people with whom we may have disagreements.
Hey Wil, I did a post about that here. An excerpt:
Thousands of people have now figured out how to soak up the majority of the Blurt Power on this chain, pumping out snapshots of flowers growing near their house, low-effort Actifit posts, and other complete nonsense - the exact stuff we already have too much of here. They sign up multiple accounts, and tell all their friends/family, and Blurt fills up more and more with literal garbage. And they are compensated handsomely for it. It's a form of reward-farming, and we are encouraging it. These users are not the type to provide real content, nor are they investors that bring funds to the platform and increase the price of the token. In fact, they are the opposite, milking the system and continuously reducing the price of the token.
Why do we systematically encourage this?
The Blurtbooster wallet shows most of the BP is delegated from @initblurt, @instablurt, @megadrive, and @socialgraph. Blurtbooster is currently liquidating 80,000 BLURT per week. This is the largest powerdown draining the blockchain, aside from @instablurt, @socialgraph, and @blurtyield. The latter of which appears to be little more than a fund for circle-jerker @rycharde to farm 100% upvotes on every single comment.