FJism Principle and Belief #1

in #pept16 days ago

pareto_principle.png

Before I get into our Pareto Principle, I ask that you review the first blog from my @FJism account. Now that a connection has been made with the PEPT project journey, future publishing's by this account will be within the MyBlog domain for said account.
https://peakd.com/hive-102963/@fjism/fjism-the-goo-that-keeps-it-all-together

From the above link, I hope you picked up on the understanding that everything has a cycle. Everything has a natural frequency. Things are made up of parts that have individual natural frequencies. We can measure the Mean-Time-Between-Failure of things.

Today, I want to introduce one of several principle and belief statement that supports and ensures our online activities are productive, efficient and healthy. Healthy to us and all members of a community that is collaborating at its best.

Pareto Principle

I discovered this many years ago. I learned more about it after evaluating a lot of data that repeated itself across various systems I analyzed and monitored for the purpose of predicting a likely outcome.

Compliments to Wikipedia
https://en.wikipedia.org/wiki/Pareto_principle

pareto_principlea.png

As mentioned in my initial post, I was a Machine Doctor and predicted failures of equipment use to generate electricity. I learned and identified that 70% of all the maintenance cost was from 3 problems. The machine is loose on its base, the rotating part is imbalanced, and the machine is misaligned at its coupling. Coupling is where you connect an electric motor to whatever you want to rotate or reciprocate.

Now consider your own world and the people you know. How predictable are they? First you notice their actions and then you notice repercussions and then your confidence level goes up that a failure is coming. Now, in my experience, mechanical machines are easier to predict. That does not mean the pareto principle is less likely to apply when a human is one of the vital few identified in the principle analysis.

BTW, some of the ongoing success with pepEntropy is attributed to pareto principle within Hive layer 2 trading patterns.

If knowledge is power then I say we all operate at our own power level. A level that can be significantly hindered because of poor operating conditions. The way to best understand your current operating condition is to look at what you did to get at your current level. This is where most systems fail or reach a point it can no longer deliver or do what it was designed to do. Checkout the usage of People, Process and Technology framework published in Project ePayTraffic (PEPT) community.
https://peakd.com/c/hive-102963/

Have you ever heard that history repeats itself. Even better said, history doesn't repeat itself but it rhymes. I take it to the next level and say it oscillates. You will need your Quantum Mechanic hat on to experience this level of predictability. We can demonstrate this level later but hint; check out the synchronicity post of PEPT.

Okay. Now for our FJism and TooFuckeh token use case.

The FJism account is on a mission to raise 1,000 SWAP.Hive So @fjworld has listed 1,000 FJism tokens at a price of 1.0 Hive. Once this mission is completed, the PEPT Banker account will reward the holders with some #TooFuckeh tokens.

1 FJism Token = 100 TooFuckeh Tokens

Very Important

The PEPT ecosystem includes many system accounts. These system accounts, from time to time may buy and/or sell FJism tokens to benefit from the objective of the TooFuckeh problem solving use case.

Thy shall be rewarded for my effort and I set the value of my time. FJ

So help me complete mission number one. Once that has been achieved I will introduce a new mission.

Thank you in advance.

May Positive pepEntropy be with you.