If you have not yet heard, there is a new blockchain launching this evening the called Blurt. If you had a Steem account prior to the last "secret" hardfork (HF-23), then you will have your snapshotted crypto cloned to your new Blurt account! Heavily implied by its name, this platform is 100% uncensored, more decentralized than anything I have heard of, and here comes the best part - what the developers are doing (or should I say not doing) with the ninja-mined stake from Steem.
One of things that divided many users when Hive was first launched was the redistribution of Steem's ninja-mined stake into a proposal financing system for blockchain projects instead of just eliminating it completely. A blogging blockchain free of nm-stake would create a more sustainable financial ecosystem and rewards pool that would not only garner higher dollar value overall and over time, but the currency itself would also be more well respected in the crypto community as a legitimate coin. A platform with these ethics will certainly attract investors when it is listed on exchanges.
When I first heard about Blurt yesterday, the first question that came to mind was: what are they planning for the nm-stake from Steem? Here is the informative, inspiring, and hilarious conversation that took place in response to my question in the Blurt Discord Server:
In addition to eliminating any ninja-mined stake from being a part of Blurt's equation, downvoting will also not be implemented, and there is currently nothing discouraging autovoting either (unless later decided by community consensus), which to me sounds like exactly the evolution we need to see with these kinds of platforms right now - a more fair rewards pool, sustainable currency, a more attractive investment, no downvotes, uncensored, opensource, and decentralized.
Yes not having downvoting will require a different form of spam and abuse protection check. Yes not having ninja-mined stake will sustain a higher value for the Blurt coin. Autovoting has its advantages and disadvantages (not really trying to re-hash that old chestnut) - but honestly with so much happening in one space, autovoting is necessary to provide consistent and timely support to content you love even while sleeping or at work (allows us to have a life outside of "internet time"). I still read and interact with tons of posts on Hive despite autovoting.
There is actually a ton of technical innovation being supplied to the development of this platform, and much is still up in the air (as with most new chains). Blurt also seeks to exist along-side of Hive, not against it (I would hate to see another Steem-Hive type power struggle). I am more than excited to participate in an additional platform that holds true value for it's community.
Hive - I love you and I am not abandoning you. Blurt - I love what you represent and am excited to see how a social media blockchain can flourish without any nm-stake. Please allow both to exist without unnecessary conflict, and instead work to collaborate and achieve symbiosis... we have a chance to set a selfless example for the world to follow if we can keep the best interest of both communities the top priority.
The Blurt blockchain will officially launch today (July 3rd) at 11:00 pm PDT (July 4th at 6:00 AM UTC). Upon launch, you will be able to access the blogging interface at: https://blurt.world/. For more information about Blurt, visit this post on @TheCryptoDrive's blog, or click here to navigate to the Blurt Discord server.
"NO MORE FART-COINS!"
Had to throw that quote from @Hempress in there - see you on the block!
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