"Easter's Hive Tokenomics"
Allocate 100% of the currency via a computer algorithm that does not specify any specific public keys to receive funds. Once tokens have been distributed, the token creation the algorithm may use internal metric such as coin-days, voting, etc to create and distribute additional tokens.
Publicly announce your token and release your source code prior to creating the first token. There is little difference between pre-allocation and mining without the potential for competition.
Spend thousands of dollars mining your own currency after a public launch.
Sell your mined currency through a regulated exchange as soon as possible.
And then just let your pockets fill automatically while the orgy ensue!
FC_API( hive::wallet::wallet_api, /// wallet api (help)(gethelp) (about)(is_new)(is_locked)(lock)(unlock)(set_password) (load_wallet_file)(save_wallet_file)
/// key api
(import_key)
(suggest_brain_key)
(list_keys)
(get_private_key)
(normalize_brain_key)
/// query api
(info)
(list_my_accounts)
(list_accounts)
(list_witnesses)
(get_witness)
(get_account)
(get_block)
(get_feed_history)
(get_conversion_requests)
(get_account_history)
(get_state)
/// transaction api
(create_account)
(create_account_with_keys)
(update_account)
(update_witness)
(set_voting_proxy)
(vote_for_witness)
(transfer)
(transfer_to_vesting)
(withdraw_vesting)
(convert_sbd)
(publish_feed)
(create_order)
(cancel_order)
(post_comment)
(vote)
/// helper api
(get_prototype_operation)
(serialize_transaction)
(sign_transaction)
(network_add_nodes)
(network_get_connected_peers)
)
"We have secured ~80% of the initial TOKENS via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers."
You can transfer an account in the cli wallet by updating the private keys that control it.
New tokens are created everyday in the chain to recognize individual’s work. There is a set amount of new tokens created everyday at a specific rate. Where content must be appreciated by the community to rise it to the top, content that is not found or well appreciated is left at the bottom.
Votes are free, but each account is rate limited. So, if you vote for 1000 things, each vote counts for 1/1000 more or less. Therefore someone voting for a lot dilutes their influence vs someone who votes for a little. Votes are stake weighted, therefore everyone would have to divide their stake so they have more influence/rewards for concentrating their stake to get maximum ROI by upvoting yourself without others downvoting you.
In fact, nothing stop high stake holders from downvoting adversarial content except their desire to maximize value of the platform. However, the analogy here would be similar to that of a CEO who fires everyone in the place to maximize his pay only to kill the company. Obviously leaving him bankrupt and with the side effect that no one will have the desire to join ever that company anymore.
Did you know the total amount of rewards in the Hive blockchain are fixed? So, if some HP holders don't vote then every other vote is worth much more?
Yeah, since it is relative to votes cast. Only HP that actually votes during the relevant reward period is what counts.
That basically means that if only one person with a tiny 10 HP minnow account cast one vote, that vote would be "worth" the entire rewards pool! Currently about $32.000 USD or 65k hive per day!
Then just consider this scenary for a second. What could possibly happen then if the hive population actually reaches a million of true active voters daily? Such as the chain's big stakeholders and biggest downvoters within the platform induce to their meek servitude and gullible slaves to think just to encourage them to continue the free marketing campaign they are currently doing shilling Hive everywhere to attract, recruit and onboard new victims. Could it mean lesser and lesser rewards for everyone?
What a psychopath does when they get information that you want something is make sure you never get it. That is correct. If you want it, their reflexive response is to keep you from getting it. And, if they want something from you, they will use that item to dangle in front of you to get you to do what they want. -
Alright, now let's talk about something else but also related...
"Ninja Mined Stake = stake that was mined during the stealth mining phase when Steemit rolled back previous legit mining and restarted it before giving community miners a chance and therefore creating the giant Steemit stake with no competition. Since previously mined stake was erased by them"
¿Do you really think real multi-millionaires in Hive would bother with "blogging for dollars" or "curating blogs for dollars"?
Okay, last but not least:
Do you know what's the only account @adm has been always upvoting on at 100% every post & comments in the 6th day? Yeah, yeh, @adm, an account that belongs to the ninja miner with high stake product of that early faulty mining operation and that it has been questionably and reproachably operated by a bunch of puppets, peasants and corpses who were entrusted with the task of police and downvote everyone who would dare to shed some light on all this that I have denounced here today from long time ago in exchange for some juicy stake delegations to do with that stake as they please and then earn more HP for themselves out of the massacre?
«-ToS-»
Yeah, let's just wait and see what ,
,
,
, Szymon Lapinski, Dan Notestein, Dan Hensley and another handful of Dans in the platform have to say about these notorious downvoters. And if they are going to continue allowing that an useless braindead corpse keep robbing me (robbing us all) our four cents with impunity every time he please without anyone admonishing him or saying anything at all.
Well, because after all, it is also very possible that many of them want me to continue digging into the blockchain and shed some more light on the dirty laundry on our "social network" in full view of the world. Because truth be told, at this point in the game, I'm already pretty much convinced that these wealthy and influential individuals on our platform kind of are finding my content and posts like this highly informative and entertaining and they'll probably decide that I haven't made them laugh enough yet.
Leave a comment. Share your experiences and feedback. ¡Be part of the conversation!