Daily Crypto Markets Live Blog: A Lot of Talk About The Merge (08/27/22)

in LeoFinance3 years ago

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

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The rewards earned on this comment will go directly to the people( @johndieo ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Someone negative about PoS:

I have a very dim view of proof of stake in general because it is the “rich get richer” for no work other than being rich and the rich also get control of the system. That's the whole thing we've been trying to get away from.

Source

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Of course, isnt that the case with Bitcoin. Try mining on a laptop these days. Bitcoin is run by 5 or 6 mining farms.

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It reminds me of one paragraph in a white paper on a young blockchain project:

The ease of mining Bitcoin and the subsequent rise of Bitcoin mining farms quickly produced a massive centralization of production power and wealth in Bitcoin's network. To provide some context, 87% of all Bitcoins are now owned by 1% of their network. The centralization of power in Bitcoin's network makes it very difficult and expensive for the average person.

There is a lot to what is being expressed.

It is a challenge to get distribution right.

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Yes, and that's what new names out there are claiming to do right.

Get some ideas on how to spread Leo token

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We take it for granted, but the way we allocate inflation to a 'reward pool' and distribute tokens via the curation of content, is super underrated.

Low barrier to entry and spreads them far and wide.

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Exactly my friend that's reasons We have to get it spread using strategy of curating post from other communities share to thread

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It is a terrific thing. Not only Hive but second layer tokens too.

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I wonder what do you mean :)

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I will share it as post my friend, check it if I'm driving some sense

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Oh, okay :)

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Going to see what you share:)

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REMINDER!!!

It is that time. Get those #CANDIES. If not, your family might never speak to you again.

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LOL!

Just got 30 a while back.

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which was the candies site again CJ, I need to get back into the habit of checking out market talk..

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Coingecko.com

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awesome, I did think so, thanks for letting me know:)

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It's coingecko Tito Ed :) I pinned it on my computer browser to not forget claiming daily, lol!

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hehe I was there yesterday and could not see it. SO asked and duh there is a bloody sweetie jar or candy jar haha thank you CJ:)

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Hahaha that's quite amusing Tito Ed. But glad you found it.

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hehe yep and two in row now CJ!

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It's been quite a while since i claimed them candies. Thanks for reminder

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Crypto payments still underrated according to Vitalik.

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Perhaps he's right. Let me give that a visit

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I think so too. So much utility and benefit with crypto. I trust it will change for the better in the coming months and years

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I don’t necessarily think a move to proof-of-stake is a great thing for Ethereum in the short run. In the long run, it might actually work out. - Steve McClurg

Source

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Would just love to see the result of the transition.
Many have speculated but the result would tell it all.