We got Blurt joining the ranks like WLS too. Same dev is behind both of them(though I haven't seen any activity from him in months and Blurt has delayed their HF by over a month already so...). Most have good ideas but terrible execution. Blurt's fees with no accountability(no way to get a history of your fees paid, and moving funds with your posting key which isn't supposed to control funds at all is just bad and very different from the ideas that it took) which get paid to the founders is not a good way to deal with spam. And theres no incentive not to spam. Anyone with like 10k Blurtpower can setup a botnet to farm them some blurt tokens and they can sell that with no expenses. Removing downvotes might have seemed like a good idea, but without a way to deal with the rewards farmings, they are just shooting themselves in the foot.
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Absolutely agreed, this is a perfect breakdown of Blurt.