Correct. I wish @24 was wrong however.
POW-backed content is our only hope for better honest online and social media. I wish that weren't true. But it is.
It is the empowerment of the individual.
Post by twetch#2584
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?
What the chain says
- Block
- 633 338
- Time
- 2020-05-04T00:15:36Z
- 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 VerifiedReposted by (1)
Replies (16)
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.
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.
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.
I guess the key thing to analyze is the effect of capital as an input to the system. Systems are complex things.
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.