1 BLURT = $0.002 USD - Why intentional removal of the downvote?

puncakbukit (78)in #blurt • 2 months ago

5% of the rewards of this post are for @steem.amal

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The Blurt Blockchain (BLURT) is a decentralized social media platform utilizing the Graphene technology stack to incentivize user activity with its native BLURT cryptocurrency. The core mechanism rewards content creation and curation, aiming to establish a value-driven community. In terms of market analysis, the current price action is exhibiting downward pressure, with the Moving Average indicator displaying a bearish trend.

Blurt's operational efficiency and scalability are underpinned by its consensus mechanism, Delegated Proof-of-Stake (DPoS). This system allows BLURT token holders to elect a specialized set of Witnesses responsible for validating transactions and producing blocks, which facilitates the high transaction throughput required for a real-time social platform. Concurrently, the SuperTrend technical indicator is registering a sell signal, suggesting prevailing downward momentum.

A defining, unique feature of the Blurt protocol is the intentional removal of the downvote function from the chain's logic. This design choice is implemented to prevent content suppression, eliminate "flag wars," and safeguard smaller accounts from stake-based abuse. Consequently, only upvotes are utilized to govern the fair distribution of rewards from the network's inflation pool, fostering an environment committed to positive, free expression.

About Blurt Blockchain (BLURT)

The Blurt Blockchain (BLURT) is a public, open-source social media blockchain platform designed to reward users for content creation and curation, built upon the Graphene technology stack. It functions as a decentralized, immutable ledger specifically engineered to support high-throughput operations typical of a large-scale social networking application. The native cryptocurrency of the network is also denoted as BLURT.

Core Technical Architecture and Consensus

Blurt leverages a variant of the Delegated Proof-of-Stake (DPoS) consensus mechanism, similar to other Graphene-based chains. In this system, BLURT token holders elect a set of "Witnesses" who are responsible for block production and transaction validation. DPoS provides fast transaction finality and network scalability, which is critical for a real-time social platform, by limiting block production authority to a smaller, elected group.

Unique Features and Protocol Enhancements

The distinctiveness of Blurt is characterized by several key design choices, particularly its modifications to the base Graphene protocol:

Elimination of Native Downvotes: A paramount feature is the intentional removal of the 'downvote' function from the core chain logic. This design decision aims to foster a positive, speech-friendly environment, mitigate "abuse" or "flag wars" often seen in content reward systems, and protect smaller accounts from predatory content suppression by large stake holders. Content curation is primarily based on upvoting, determining the distribution of the daily rewards pool.
Content Monetization Model (Proof-of-Brain): Blurt utilizes a "Proof-of-Brain" model, where the daily inflation of BLURT tokens is allocated to a rewards pool that is distributed to users based on the value their content and curation efforts bring to the network. This incentivizes the creation of quality, original content and active community engagement.
Regent Account: A unique governance feature is the implementation of a decaying Regent Account with special voting privileges for Witnesses and Decentralized Autonomous Organization (DAO) proposals. This account's influence gradually diminishes over a two-year period, effectively bootstrapping initial governance while ensuring a path toward more fully decentralized control over time. Crucially, the Regent Account's supply is separate and does not impact the circulating supply, inflation rate, or the content rewards pool.

In summary, Blurt presents itself as a specialized Graphene-based blockchain focused on a decentralized social media application, prioritizing censorship resistance and content monetization through a DPoS variant, uniquely distinguished by its explicit protocol-level exclusion of downvotes and its transitional Regent Account for network governance.

Disclaimer: This is not financial advice — all information shared about cryptocurrencies and markets is for education only, carries high risk, and you should do your own research and consult a professional before investing.

Assisted by https://gemini.google.com/.

1 BLURT = $0.002 USD - Why intentional removal of the downvote?steemCreated with Sketch.

About Blurt Blockchain (BLURT)

Core Technical Architecture and Consensus

Unique Features and Protocol Enhancements

1 BLURT = $0.002 USD - Why intentional removal of the downvote?