This is my very first direct proof of brain posts. Yes, I have fomo'Ed my way here thanks to @trumpman. I don't know often I can post here given that I am engaged with a lot of community (which is going to e a major point of this post), but I would try to make out time for this series I tag: #WHATSONYOURMIND. You can jump on it if you want.
Now to today's topic -- hive. There has been a lot happening on the chain (good and bad). I don't want to discuss the bad which in my opinion is counterintuitive. I would like to protect my interest. However, if you're active on the chain you might have a clue on what I am trying not to talk about.
I joined the blockchain in 2018 if I am not mistaken when we were on our sister chain. I watched it grow from just a single front end to a blockchain of dapps and communities.
One of the major problems we've had here is the polarizing views regarding the growth and sustenance of the blockchain. This has led to the development of several fractions. Thankfully, we have communities now, so everyone can go about their growth as they see fit. However, we still all have a stake in the hive blockchain.
Everything goes through hive which seems problematic in a way. Let me explain: I belong to more than 5 communities. It is my goal to be active on all of them via posting, commenting, staking, and still be active on hive. I have the time and creative resources to achieve this daily.
There are days when I want to make a video on 3speak, a movie review on cinetv, and a finance post on leo finance. Ideally, I would want to post once a day but that's almost impossible given the number of dapps I use. Everything trickles down to hive.
There is also the issue of over-rewarding on hive. Many groups have different viewpoints regarding this. I guess everyone has the right to use their upvote or downvote in a way they deem fit. At the end of the day, I believe building your own community/tribe with its tokenomics is the best cushion against what many might tag malicious downvoting.
So in a nutshell, I believe the solution to some of the tribal and ideological warfare is to decentralize further away from hive. At some point, I do not want my hive earnings to matter that much, neither do I want to directly interact with the hive blockchain. This is where I think we are heading. How long would it take? Only time will tell.
I don't know but you can't control it. At some point in time, we might have to deal with it but I do feel it might need to be addressed eventually. I think there are many competing factors such as HW downvoting actual content creators then forcing them to Discord to appeal and verify their identity. Or is considering reaping the rewards pool through beneficiaries or etc. People have varying opinions on it and I think some people will probably be displaced.
But yes 2nd layer tokens are the way to go so we can lessen the disagreements.
Posted Using LeoFinance Beta
i think for me the goal is to make the best of my experience and support the communities I believe (and fomo a few times). blockchain politics can be exhausting
Great post from you....
Please can you elaborate on this??@nonsowrites
Example:
A short post with over $50 worth it upvote on it might been deemed over-rewarded. Some might see it fit to reduce the amount on such a post with their downvote.
Good point from you though it is debatable....
en masse decides to upvote only with 0.01%, I think the rewards will be the same. The UI will estimate a 0.0042 POB reward for you here but in the end it's still 50 POB every ten minuets.The user @trumpman keeps coming up when it comes to people joining proofofbrain. If POB comunity
Good points.
can you throw more light on this, please. i do not understand what you are referring to...
The reward pool in Hive is 65% of the inflation. If the agegate amount awarded depended on how we voted no such guarantee could be possible. POB generates 50 POB each ten minutes. I think it's something like summing the votes with weights what a post gets determines it's portion of the fixed pie. You can vote up burn posts though. That reduces the amount of POB.
thanks for the insight. i will look at the burn post. i think I saw one on your page.
Welcome to the fomo life!
Posted Using LeoFinance Beta
LOL. Isn't that the truth?
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Simply keep doing what works for you. There is a time element and you cant be everywhere nor support every project.
At some point, others have to step up and make their communities work.
Posted Using LeoFinance Beta
Valid advise. I try not to over-extend myself but the temptation is too great lol.
Posted Using LeoFinance Beta