RE: Initial Community Roadmap for the Blurt Blockchain

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Initial Community Roadmap for the Blurt Blockchain

in witness-category •  last year 

Hi, can you clarify which idea you don’t agree with, there may have been a misunderstanding.

I am with you that every Blurt holder should earn the same rate regardless of how much they hold.

What I was saying is that currently anyone that has powered up (staked) BP is earning 2.2% APR which is currently lower than bank and treasury interest rates for a far riskier speculative investment, we could redirect 50% of DAO inflation to help increase this to be more competitive.

But I would like a stake-voting system where users only earn APR on their stake if they help secure the chain with at the very least one witness vote, stake that isn’t securing the chain should not earn staking rewards.

Could you elaborate on the higher vote power and how it would eliminate vote trading? I’m just thinking “bottled up” super votes could be used as an attack vector to boost content to the top of trending that otherwise shouldn’t have been there, it also reduces the need to purchase BP to propell content to higher visibility as you can purchase less and wait for VP to build up to 1000+ % and then supervote.

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  ·  last year  ·  

I don't know if this is what Mariusz meant, but Supervote has its +.

Less spam - if someone spams for votes anyway, instead of posting crap and random photos every day for money, they will only spam every week.

Greater opportunity to reward very good content. Everyone has probably come across an article on which they would be happy to allocate even the equivalent of 10 of their votes from the entire day, when most of the content is at a level that makes it a shame to vote at all.

Gems, on the other hand, come along so rarely and are passed on between people as good content for so long that the 7-day billing period for such articles is a sin, because if they were to earn money for views, they would earn money for a year or longer. The possibility of rewarding such content with a larger voice should also exist in some way.

Decrease in fake activity in favor of real activity.

And I think it doesn't end there.

  ·  last year  ·  

Gems, on the other hand, come along so rarely and are passed on between people as good content for so long that the 7-day billing period for such articles is a sin...

Yep, this is a real concern, as many posts don't have a 7-day lifespan and can keep/gain interest over time. This is currently a handicap when compared with what the social web2 has to offer.

  ·  last year  ·  

Basically, I have an idea how to solve it, but I don't know what it looks like from a technical perspective... does the blockchain somehow record votes allocated after the settlement time or is it just a frontend?


Posted from https://blurtlatam.intinte.org

  ·  last year  ·  

Every vote is recorded within the blockchain through a vote_operation transaction, even those made after the 7-day window. You can see an example I just made here: https://blocks.blurtwallet.com/#/b/34837139

The only difference lies in the value of the Rshares of the vote, as illustrated by the upvote I just gave to your Post financing... that is 10 days old: https://blocks.blurtwallet.com/#/@khrom-proposals/post-financing-blurt-promotion-proposal-2023-11-11-eng-pl. The value of the Rshares is 0