I think it will break their wallets when they can't cheat.
Post by twetch#2584
Who has to cheat? All you need is a deeper wallet than those who are competing with you to boost their questions. Organizations will beat individuals 99.9% of the time. It's baffling to me why people don't see that BoostPOW is pay to play concentrated.
What the chain says
- Block
- 659 486
- Time
- 2020-11-02T04:54:45Z
- Signer
- 1ECoyqwZ9FRQNnY4bZDRUdcR2M4JvXNzaD
- 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
1ECoyqwZ9FRQNnY4bZDRUdcR2M4JvXNzaD VerifiedReplies (10)
it's already pay2play
and you and I cannot "play" in the current system. But with POW we each get a vote that is ranked by energy and the deep-pocketed now must actually pay up for energy instead of just wash trading fiat and user attention amongst themselves.
Reposted
twetch#6484 7.3y
The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs.
Biden's campaign budget was $364 mill. If they spend the whole budget to keep a question out of a top 10 list, they need to pay $36,4 mill worth of POW on each question.
328 million Americans can boost a question with 11 cents each to get it on the list.