Post by twetch#1784

17mNxa…zGjY Key · twetch

Content is inherently POW-backed. If it's actually good, do you think they used a random generator to produce it?

Boost is fundamentally a voting mechanism. But it is a voting mechanism that doesn't reward the content creator, so is it a good one?

14QXph…wJdx Key · twetch

You are correct. What I meant to say was:

An objective measure of energy (such as Bitcoin Difficulty) in POW-backed content is our only hope for better honest online and social media.

What the chain says
Block
633 485
Time
2020-05-04T23:44:48Z
Signer
14QXphEYn97GKtCkjChvfmastRBPsBwJdx
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#1784

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

Signed by 14QXphEYn97GKtCkjChvfmastRBPsBwJdx Verified

Replies (15)

17mNxa…zGjY Key · twetch
Replying to@14QXph…wJdx

Boost is backed by capital, not Proof of Work. It doesn't matter that PoW is involved in the system because it's not an input to the system.

14QXph…wJdx Key · twetch
Replying to@17mNxa…zGjY

Everything a person can do is backed by their capital.

Capital means "investment or asset or contribution".

For example, eating a mango is backed by the person's primary direct property called their "body". This is capital, too.

17mNxa…zGjY Key · twetch
Replying to@14QXph…wJdx

I guess the key thing to analyze is the effect of capital as an input to the system. Systems are complex things.

1EcXZG…3EMH Key · twetch
Replying to@14QXph…wJdx

The question arises of who is the "they" or "self" to which the capital is ascribed? This question is at the heart of contemplative practice. The Self is not the body since you don't become less self if limbs are lost. It's also not simply semantics.

14QXph…wJdx Key · twetch
Replying to@1EcXZG…3EMH

In this case you responded to the fruits of my labor and capital by replying to me. So you did not have a problem assigning it to "my self".

Do you have an example where you have a difficulty assigning (capital) causes and effects?

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