Once we get Boost working at full efficiency, I will begin promoting it to the outside world. Anyone who is remotely clued in to what's going on in the world will want to use it once they learn that it prevents manipulation. boostpow.com
Post by twetch#18433
I don't understand. What am I missing?
It appears to me as an overlay designed to restrict information flow so you can sell the flow to the highest bidder. Designed to control manipulation, rather than prevent it. 🤫🤮🤑
What the chain says
- Block
- 630 219
- Time
- 2020-04-12T03:28:37Z
- Signer
- 1CndCzdXifj1S7LtYttbK6WuZuowjrYmfg
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#18433
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1CndCzdXifj1S7LtYttbK6WuZuowjrYmfg VerifiedReplies (14)
It's more risky to try to benefit from manipulation than from telling the truth and cooperating. Boost increases the risk because everyone must lose before they can gain. Truth-telling cooperators will be able to afford more.
1/5
It's less risky to benefit from manipulation when you can influence the information flow than when you can't. When you can set the price and hence the barriers to entry above your competition you have a monopoly.
Boost may increase the risk, but
2/5
it decreases the RELATIVE risk for those with more capital or following. Allowing a self reinforcing loop where they can use their privileges and grow a network effect to maintain their dominance & stifle their competition.
Why should truth telling
3/5
cooperators be able to afford more?
I have no problem with attempts to layer profits on services. I feel it's becoming somewhat off track focusing so hard on the signalling effect of transactions.
Instead we can focus on the plethora of opportunities
You can't control information flow with Boost because we just rank all content by proof-of-work.