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RE: The core concepts of DTube's new blockchain

in #dtube5 years ago

I really tried to read it all... i was very interested to begin with and liked a few things.
Also i appreciate that you put a lot of time and thought into it.

However as I read through it I realized this is a huge test, maybe even a big long shot... and so I probably didn't finish it. Not because I don't respect you for trying to shoot for the moon with something different. But because it really is a wild theoretical experiment with little basis in anything else done. Which is part of your excitement I get it... you're seeing yourself as pioneering. While many of us are just like... welll I guess we'll see how long this lasts.

You also kinda threw the baby out with the bathwater with the steem system and didn't really chat about what helped it last for years even with it's flaws. I would have liked to see a bit more of that.

POB stuff I'm seeing on steem-engine is rampant with some big issues of creators printing themselves tons of money for doing something that is Crazy easy. Scot systems are not hard at all so makes it just too easy to create a low level white paper and people seem to excuse the creators for giving themselves 10%+ of the pie of a potential economy that needs so much more work on economic stability.

You didn't mention too much of your economic model. Maybe it's somewhere else.
But best of luck to you i suppose. It's not terribly interesting to me on the theoretical area, but i will be watching in the practical area. And maybe i'll bookmark this paper and re-read it when my brain isn't fried this late.

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Nice username & nice comment :D

The whitepaper has more info about the economic model of the token

WOW! I'm impressed at just the time and thought you've put into that whitepaper!!
Holy crap if steem-engine pob tokens even put in 10% that ammount of time maybe they'd have something solid instead of creating economically unstable systems that will get them into hot water by rewarding themselves tons of money and use a 50/50 curation system to keep their money continuosly outpacing everyone else.

With that said i'm still presently more a fan in the steem system... but i'll try to read through what you wrote and see what elements seem nice.

Anyone can sell anything at the Price he wants, as long as there is someone to buy it. We make up the Value of things all the time in our lives. The Scot Systems and the Steem-Engine are just a technical and easy way to make the transactions. You just need to understand the Tinkerbell Effect.
Maybe this Video will help you:

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