Post by twetch#2022

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.

1sNJWU…Qwas Key · twetch

keep going

What the chain says
Block
633 642
Time
2020-05-06T00:05:48Z
Signer
1sNJWUrAYfdxAKN1zGq3t9hwyR6ynQwas
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2022

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

Signed by 1sNJWUrAYfdxAKN1zGq3t9hwyR6ynQwas Verified

Replies (11)

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.

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

For this to work, every "like" record must contain the ID of the Payee that caused the like. And that ID must translate to a paymail so payments can be made. This can make a calculable chain of likes that goes back all the way to the Content Creator.

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

Have your rep meet me on Atlantis slack.