They are following the ETH and EOS model of requiring some kind of per transaction payment (although EOS wraps it in RAM).
Either way, a per transaction fee to do anything makes no sense for social media. I delegated by BLURT to someone to curate with since I wasn't doing anything with it. I kept it because selling it was a pain in the ass since it had few exchanges.
Who knows, maybe someone will find the site acceptable. I find my time spent on Hive is much better.
Posted Using LeoFinance Beta
Sounds awfully familiar to third-party transactions that a bank and 4th party like a POS machine would use. Not exactly decentralized by any means. And I'm with you, I prefer Hive and all its fun toys 😝
All the fun downvoting, yeah that sure is fun.... social media can't have downvoting controlling what is good or bad content. Controlling people with downvoting based on a few whales is censorship.
Well it isnt a third party since there is no entity doing it. That is coded into the blockchain just like transaction fees are a part of many blockchains, including Bitcoin.
However, for social media and other types of transactions, there will come a time when people do not want them. After all, most brokerage houses no longer charge fees to buy stock.
Posted Using LeoFinance Beta
One could say "downvoting" has no place in social media either, but we have it extensively here on HIVE unfortunately, and it's even made some high profile people leave for being attacked.
Can you vision INSTAGRAM or Facebook, or TIKTOK being what they are if people could downvote their content? You think people would stick around?