RE: Initial Community Roadmap for the Blurt Blockchain

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Initial Community Roadmap for the Blurt Blockchain

in witness-category •  last year 

I agree with this solution. Under one condition: 10% that is allocated for DAO will be completely blocked (maybe as you wrote some time ago - by return proposal). A calculation would be needed: how much will this 5% give to witnesses and what will be the increase in their earnings.

These days many people think it's best to hold btc and do nothing. It will be hard to find people who want to invest in small blockchains like Blurt, so we need to limit inflation and wait for better times. Personally, I think that after the series of hardforks you have planned, Blurt has a chance to become more attractive to investors, which is why I still buy some BLURT, but not that much as before


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  ·  last year  ·  

I agree with you too, we should be keeping inflation under control. Yes once DAO is fixed Blurt Core is happy to put a backup burn proposal alongside yours and ensure all DAO rewards are burned.

I think I have an idea how much witnesses will get, so they currently get 10% of inflation, adding another 5% would increase earnings by 50%, so if top 20 witnesses earn say 14k BP per month, they will be upgraded to 21k BP pm, which sadly is still only 63 bucks at current price.

I agree bitcoin and Eth will be the biggest winners this bull market, however since BLURT is mostly priced in btc it should also go up a bit.

Blurt can be the gateway to btc for new users because it is way easier and has better feedback loop and group learning opportunity than btc which you can’t really do much with other than trade.

I must thank you, I am enjoying this cordial discourse and idea refinement. I am very pleased we are of the same mind on the future of Blurt.