I had never thought about it, but indeed blockchains behave very much like radio stations.
Blockchains are being added value by the more people who start using them.
People get much more confidence on the cryptos too by that, thus increasing its price as a general.
It works similarly to some advertisement principles.
Exactly. In more general terms it is described by the Metcalf's law: the network's value is proportional to the square of the number of connected users
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just what I was thinking.
There has been one problem though with this principle and it is that it is made to do what masses want, but masses in general are dumb!
I think however that could be tackled down by a community like Steemit. There is a lot of interest for making this a smart area where good content is rewarded. Hopefully I am right.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, it is a little bit like Steemit. Here the posting activity is rewarded by inflational emission, in Gravity Protocol the business acitivity will be incentivized in the same way.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit