Post by twetch#1784

14QXph…wJdx Key · twetch

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.

What the chain says
Block
633 329
Time
2020-05-03T20:28:48Z
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

Reposted by (1)

Replies (17)

1Abd9y…ujrm Key · twetch
Replying to@14QXph…wJdx

Let's enable good ideas to win!!!

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

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
Replying to@17mNxa…zGjY

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.

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.

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