1 BLURT = 0.00139 USD - How it prevents "reward stripping" by large stakeholders?

puncakbukit (78)in #blurt • 7 days ago

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What do you think of BLURT price in the next one month? Upvote on the comments!

Blurt is a decentralized social media protocol, forked from Steem in 2020, that prioritizes censorship resistance and a non-combative reward structure. In the current market environment, technical analysis using Bollinger Bands reveals a decreasing price trend, though the asset maintains a relatively bullish position by staying within the upper half of the band.

The network operates on a Delegated Proof-of-Stake (DPoS) economy where users stake tokens to accrue voting power and capture a portion of the daily inflation pool. Despite this incentive for long-term holding, momentum oscillators like the ADX/DMS currently reside in negative territory, suggesting a lack of strong trend strength or prevailing bearish pressure in the immediate term.

Distinct from its predecessors, Blurt’s unique architecture completely eliminates the downvote mechanism to prevent "reward stripping" by large stakeholders. This creates a positive-sum fiscal environment that favors organic growth and network stability, further supported by a transaction fee model designed to prevent spam-bloat and protect the ledger’s integrity.

About Blurt Blockchain (BLURT)

The Blurt Blockchain (BLURT) is a specialized social media protocol that functions as a decentralized "attention economy." Originally forked from the Steem blockchain in July 2020, Blurt differentiates itself through a distinct economic philosophy that prioritizes censorship resistance and positive incentive structures over the competitive curation models seen in its predecessors, like Hive or Steem.

The Economic Engine: Inflation and Rewards

From an economic perspective, Blurt operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism. The network manages a continuous issuance of new tokens—a "rewards pool"—which is distributed daily. These tokens are allocated based on subjective "stake-weighted voting." When a user creates content or curates the work of others, they are essentially bidding for a portion of the network's daily inflation.

Key to its valuation is Blurt Power (BP), a non-liquid, "staked" form of the token. By committing their assets to the network, users gain proportional influence over the rewards pool, effectively turning their holdings into governance and distribution capital.

Unique Economic Features

Blurt’s most significant deviations from the traditional social-blockchain model include:

The Absence of Downvotes: Unlike Hive or Steem, Blurt removed the native downvote (flagging) mechanism. Economically, this eliminates "negative curation," where large stakeholders could formerly strip others of their earnings. This creates a "positivity-only" fiscal environment intended to foster growth without the friction of social-financial warfare.
Transaction Fees: While many Graphene-based chains offer "free" transactions via resource credits, Blurt implemented a nominal fee for operations. This serves as a deterrent against "spam-bloat" and the "tragedy of the commons," ensuring that network resources have a tangible cost-to-use.
Regent Account: To prevent the centralization risks common in early forks, Blurt utilized a "regent" account that holds a controlling stake but decays over time, ensuring a gradual and predictable transition toward full community decentralization.

Ultimately, Blurt positions itself as a sovereign social ledger where the cost of participation is low, but the rewards for genuine engagement are secured by a hardcoded, non-interventionist economic policy.

What do you think of BLURT price in the next one month? Upvote on the comments!

Disclaimer: This post is only for learning, not financial advice, and crypto is risky, so check the facts yourself and decide at your own risk.

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