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Meanwhile, at some anonymous Blockchain Startup ...
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7 years ago by felixxx (68)
$11.78
- Past Payouts $11.78
- - Author $9.38
- - Curators $2.40
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höhöhö. *thinks... maybe ned doesnt communicate with us cause he is looking for ideas. I hope he is and he isn't giving up on steem blockchain
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it can't be rolled back, it's broken by design
:-]i always viewed steemit as a nice and interesting experiment, a toy, but not viable, it's obvious for anyone with technical understanding.
the block reward in bitcoin has always been a well-thought-out game-theoretical device, it's not a good idea to transfer that concept to "human mining through posting", because it has always been obvious that this can be gamed.
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I see more in steem than just rewards.
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I agree :) WAY more
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Tell me.
How does your whining make my steem experience bad? ;)
Just because you don't earn as much as you want, I still like the system.
Not because of these few €€.. Because I'm like 1 month in here and met more intelligent and open-minded people than in my whole life ;)
Also an awesome possibility to educate earthlings and a super fancy way for everyone to gain knowlegde.
Sorry for my bad english. I just got up.
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It can easily be changed back to a different 'rewards-formula'.
I always viewed Bitcoin as an interesting experiment, a toy, but not viable, it's obvious for anyone with technical understanding.
The Posting Rewards of STEEM had been a well-thought-out game-theoretical device, too.
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it isn't, it can't be secure enough, it's impossible, because everything boils down to energy at the end of the day.
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You do understand, that Steem isn't POW, but stake -based ?
It all boils down to processing power; quantum computing will eventually crack bitcoin.
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yes, and that's exactly the problem.
it won't
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I understand you are some die-hard btc fanboy.
That's ok.
But you reply is some bullshit.
Steem is POS and therefore no: it doesn't boil down to energy, because it' s not POW.
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you misunderstood, i said that is the problem that it's not energy based, because ultimately, everything is based on energy. all permissionless-consensus-critical crypto-systems that do not understand this only boil down to an inelegant or obscure form of proof-of-work at the end of the day again. "nothing is cheaper than proof-of-work": http://www.truthcoin.info/blog/pow-cheapest/
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