1 BLURT = $0.0023 USD - Why the deliberate removal of downvoting?

puncakbukit (78)in #blurt • 3 days ago (edited)

5% of the rewards of this post are for @steem.amal

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While technical indicators may show some short-term volatility, Blurt's long-term potential remains exceptionally strong. Currently, Bollinger Bands are signaling a period of consolidation, suggesting a powerful move is on the horizon. This tightening of the bands indicates that Blurt is coiling for a major breakout, and its unique fundamentals position it perfectly to capitalize on this impending surge.

Blurt’s core value proposition—the deliberate removal of downvoting—is a game-changer for social media. This bold move fosters a positive, censorship-resistant environment that is attracting a dedicated user base. The market recognizes this strength, with the ADX-DI indicator firmly holding in positive territory. This bullish signal confirms that despite recent fluctuations, the underlying trend remains one of accumulation and steady growth.

The strategic elimination of downvoting shields the Blurt ecosystem from the content manipulation and negativity that has plagued other platforms. This unique feature is its greatest strength, creating a safe and fertile ground for creators and communities to thrive. As more users and investors recognize the power of this positive-only social blockchain, Blurt is set to become a dominant force, leading the charge in a new era of decentralized social media.

About Blurt Blockchain (BLURT)

Blurt is a public social blockchain that was created as a fork of the Steem blockchain. It is built on the Graphene framework and utilizes a Delegated Proof of Stake (DPoS) consensus mechanism. This DPoS model allows for a limited number of "witnesses," or block producers, to be elected by BLURT token holders to validate transactions and secure the network. This system is designed to provide high transaction throughput and scalability, a common characteristic of Graphene-based blockchains.

A central technical divergence from its progenitor is Blurt's unique approach to content curation. Blurt deliberately removed the downvote function from its native chain logic. This design choice was implemented to cultivate a more positive and censorship-resistant environment. The platform operates on a "Proof-of-Brain" algorithm, a mechanism designed to incentivize high-quality content by distributing rewards from a daily inflation pool. The elimination of downvoting is intended to prevent the manipulation and suppression of content that has been observed on other social blockchains, thus promoting free speech and fostering a more constructive community.

Blurt also features a regency account with a weighted vote that decays over time. This temporary, yet powerful, governance mechanism was designed to provide initial stability to the network, enabling it to vote on witnesses and DAO proposals. The weight of this regent account's vote is scheduled to decrease over a two-year period, with the goal of transitioning the network to a more decentralized governance model fully controlled by the community. Additionally, Blurt's inflation schedule is set to narrow over a 20-year period, with a portion of the inflated BLURT tokens allocated to a Decentralized Autonomous Organization (DAO) fund to support community-driven projects and development.

Disclaimer: This is not financial advice; always do your own research and consult a professional, as crypto investments are risky and unpredictable.

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