"Easter's Hive Tokenomics"
Allocate 100% of the currency via a computer algorithm that does not specify any specific public keys to receive funds. Once tokens have been distributed, the token creation the algorithm may use internal metric such as coin-days, voting, etc to create and distribute additional tokens.
Publicly announce your token and release your source code prior to creating the first token. There is little difference between pre-allocation and mining without the potential for competition.
Spend thousands of dollars mining your own currency after a public launch.
Sell your mined currency through a regulated exchange as soon as possible.
And then just let your pockets fill automatically while the orgy ensue!
FC_API( hive::wallet::wallet_api, /// wallet api (help)(gethelp) (about)(is_new)(is_locked)(lock)(unlock)(set_password) (load_wallet_file)(save_wallet_file)
/// key api
(import_key)
(suggest_brain_key)
(list_keys)
(get_private_key)
(normalize_brain_key)
/// query api
(info)
(list_my_accounts)
(list_accounts)
(list_witnesses)
(get_witness)
(get_account)
(get_block)
(get_feed_history)
(get_conversion_requests)
(get_account_history)
(get_state)
/// transaction api
(create_account)
(create_account_with_keys)
(update_account)
(update_witness)
(set_voting_proxy)
(vote_for_witness)
(transfer)
(transfer_to_vesting)
(withdraw_vesting)
(convert_sbd)
(publish_feed)
(create_order)
(cancel_order)
(post_comment)
(vote)
/// helper api
(get_prototype_operation)
(serialize_transaction)
(sign_transaction)
(network_add_nodes)
(network_get_connected_peers)
)
"We have secured ~80% of the initial TOKENS via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers."
You can transfer an account in the cli wallet by updating the private keys that control it.
New tokens are created everyday in the chain to recognize individual’s work. There is a set amount of new tokens created everyday at a specific rate. Where content must be appreciated by the community to rise it to the top, content that is not found or well appreciated is left at the bottom.
Votes are free, but each account is rate limited. So, if you vote for 1000 things, each vote counts for 1/1000 more or less. Therefore someone voting for a lot dilutes their influence vs someone who votes for a little. Votes are stake weighted, therefore everyone would have to divide their stake so they have more influence/rewards for concentrating their stake to get maximum ROI by upvoting yourself without others downvoting you.
In fact, nothing stop high stake holders from downvoting adversarial content except their desire to maximize value of the platform. However, the analogy here would be similar to that of a CEO who fires everyone in the place to maximize his pay only to kill the company. Obviously leaving him bankrupt and with the side effect that no one will have the desire to join ever that company anymore.
Did you know the total amount of rewards in the Hive blockchain are fixed? So, if some HP holders don't vote then every other vote is worth much more?
Yeah, since it is relative to votes cast. Only HP that actually votes during the relevant reward period is what counts.
That basically means that if only one person with a tiny 10 HP minnow account cast one vote, that vote would be "worth" the entire rewards pool! Currently about $32.000 USD or 65k hive per day!
Then just consider this scenary for a second. What could possibly happen then if the hive population actually reaches a million of true active voters daily? Such as the chain's big stakeholders and biggest downvoters within the platform induce to their meek servitude and gullible slaves to think just to encourage them to continue the free marketing campaign they are currently doing shilling Hive everywhere to attract, recruit and onboard new victims. Could it mean lesser and lesser rewards for everyone?
What a psychopath does when they get information that you want something is make sure you never get it. That is correct. If you want it, their reflexive response is to keep you from getting it. And, if they want something from you, they will use that item to dangle in front of you to get you to do what they want. - @builderofcastles
Alright, now let's talk about something else but also related...
"Ninja Mined Stake = stake that was mined during the stealth mining phase when Steemit rolled back previous legit mining and restarted it before giving community miners a chance and therefore creating the giant Steemit stake with no competition. Since previously mined stake was erased by them"
¿Do you really think real multi-millionaires in Hive would bother with "blogging for dollars" or "curating blogs for dollars"?
Okay, last but not least:
Do you know what's the only account @adm has been always upvoting on at 100% every post & comments in the 6th day? Yeah, yeh, @adm, an account that belongs to the ninja miner @abit with high stake product of that early faulty mining operation and that it has been questionably and reproachably operated by a bunch of puppets, peasants and corpses who were entrusted with the task of police and downvote everyone who would dare to shed some light on all this that I have denounced here today from long time ago in exchange for some juicy stake delegations to do with that stake as they please and then earn more HP for themselves out of the massacre?
«-ToS-»
Yeah, let's just wait and see what @pfunk, @acidyo, @smooth, @xeldal, Szymon Lapinski, Dan Notestein, Dan Hensley and another handful of Dans in the platform have to say about these notorious downvoters. And if they are going to continue allowing that an useless braindead corpse keep robbing me (robbing us all) our four cents with impunity every time he please without anyone admonishing him or saying anything at all.
Well, because after all, it is also very possible that many of them want me to continue digging into the blockchain and shed some more light on the dirty laundry on our "social network" in full view of the world. Because truth be told, at this point in the game, I'm already pretty much convinced that these wealthy and influential individuals on our platform kind of are finding my content and posts like this highly informative and entertaining and they'll probably decide that I haven't made them laugh enough yet.
«««-$-»»»
"Follows, Comments, Rehives & Upvotes will be highly appreciated"
This looked like an @lucylin post from 3 years ago.
Hahaha yeah! @lucylin was indeed a great inspiration on these issues.
But have you realized that 3 years have passed and still no one provides a definitive solution to this so hilarious shituation? ;o)
Good luck getting folks to understand when their supper is contingent upon not understanding.
The solution to this is made obvious by your post, buy and powerup more hive.
Retain those that are currently dumping and leaving, and within a year or two this will spread out the power.
As things are, folks dump and make the entrenchment that much harder to overcome.
Better organizing solves this, imo.
Yeah, a supper that apparently is not for everyone. tsk tsk
That's the slogan! right? };)
Yup, the classic "maxim" about the CEO that I mentioned above in this post. But hey! ¿do you really think that will only take a year or two?
Yeah, organization is always key. But... where are the organizers?
It would have been done by now if folks hadn't been intentionally driven away.
The kneecappening was intended to end
steem'schances of success.Somebody with power noticed that we could end the system as it was then known and issued orders that were followed, is my take on it.
Why else would a 2 year development walkabout and linear rewards be the 'solution' to why
steemwas failing to thrive?Why were bidbots allowed to sell votes when that had be anathema all along?
Intentional kneecapping of an escape route, imo.
I complain about hw quite often tbh, but none of the examples you showed here make any sense. Can you at least tag people when you actually have something of a legitimate inquiry? Quackwatch isn't getting any votes from what I can see, no idea what you going on about. Old screenshot?
Well, and then I have tagged you in this post with the hope that you will do something more than just complain and take some diligent action together with your cronies to solve this matter once and for all.
Don't worry mate. All this will soon make a lot more sense if you and your cronies decide not to take action on the matter and fix the problem immediately. You can bet I have a lot more evidences to show that without a doubt you will find much more relevant. Well, only if you decide not to click on all the links that I've already left here throughout this post. };)
¿Legitimate inquiry? Haha, everyone that I've tagged here have a lot to do with what is happening here due of their direct relationship with the indicted and therefore you all are responsible for correcting the problem asap.
Yep, that's right, not for now. But there are many more here who are currently receiving the same "generous" treatment as @Quackwatch was receiving and whose usernames at the moment I will withhold for future posts.
Well, not too old. But yeah, not so recent either.
Well, I'll be muting you now from notification so good luck with your attitude and whatever it is you're trying to gain from this.
Yeah, I understand you perfectly. The truth is that I could not expect less from you showing such a degree of support, collaboration and interest in solving this problem. There have been already so many times that my level of clairvoyance does not surprise me at all and consequently I have no choice but to laugh out loud at your highly predictive responses.
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