Post by twetch#2584

17mNxa…zGjY Key · twetch

@4 @3 Basically the theme of my posts is the best way for everyone to make more money on Twetch is to implement a system that lets people decide how to pay out fees. Then optimal fee structure will arise naturally.

What the chain says
Block
633 642
Time
2020-05-06T00:05:48Z
Signer
17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2584

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY Verified

Reposted by (1)

Replies (13)

1sNJWU…Qwas Key · twetch
Replying to@17mNxa…zGjY

keep going

17mNxa…zGjY Key · twetch
Replying to@1sNJWU…Qwas

Now it's just time to talk about the math and details on how to implement it.

17mNxa…zGjY Key · twetch
Replying to@17mNxa…zGjY

Consider payment profile (P1, P2, P3, P4, P5). By default they will be 'fixed', which means once assigned will not change for further payments. If P3 is fixed, then P(less than 3) must be fixed as well. Generally P1 is the Content Creator.

17mNxa…zGjY Key · twetch
Replying to@17mNxa…zGjY

For any given Like, P5 will be paid first. P5 is the one who exposed liker to the content. P4 is the one who exposed him to the content. Etc. Fixed P-values override this.

Continue thread →
17mNxa…zGjY Key · twetch
Replying to@1sNJWU…Qwas

Have your rep meet me on Atlantis slack.

1c9uxp…Gs7g Key · twetch
Replying to@17mNxa…zGjY

Different frontends for Twetch in the future will probably be competing for fee structure. I wonder what incentives are involved and what it maybe gravitates towards.

Being able to personalize it might prevent otherwise incentivized frontend hopping.