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RE: The r0ach report vol 2: Bitcoin analysis & Ethereum rough consensus attack

in #blockchain8 years ago

https://www.yours.network/

I wrote about it on July 29:

They take a different approach, which is that as a curator you invest in content by tipping it, then you a portion of get downstream curators' tips. Therefor, they don't need their own token to debase (instead they use Bitcoin), as they are assuming people will want to pay their own individual money in order to invest in making money from curating.

The problem I see with this model is that it requires too much cognitive load on the user who just wants to use the site. The higher the cognitive load, the lower the adoption rate. So sorry, I am thinking this idea will fail.

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