Proof of Brain - Sometimes you have to use the thinking machine.
This is my first post for the Proof of Brain community. I just found out about it thanks to a post from @lucylin. Of course, after learning that it existed, I did my little personal research and I must say that it seems like a very interesting project.
It does not have a "White Paper" very extensive or full of images and graphics as we are used to, rather it is quite direct on the most important point. The way the POB token is to be distributed.
POB is a pure 100% Proof of Brain (PoB) token meaning that the only way the token enters circulation is through PoB rewards that are earned by posting and by curating content with POB staked. 1 token has been issued to @proofofbrainio to enable staking. There will be no more POB tokens issued except through PoB rewards.
To this "White Paper" they have made a small update on how the distribution of POB tokens will be made, making it the same as that of Bitcoin
... I have changed the emission schedule to match Bitcoin's.
POB is distributing 50 tokens every 10 minutes, the same amount distributed in BTC mining in the first 4 years.
I really like that POB will try to handle the inflation problem like Bitcoin does. That also means that there will be only 21 million POB tokens in total.
Now the next challenge for the token and the platform is to make themselves known and for users to start using them regularly. Honestly, seeing how the reward form works should be enough of an incentive to get the attention of many users in the HIVE ecosystem.
Something very strange happened to me while I was writing my post. At one point while reviewing what I had written I hit the "Enter" key and the post was published automatically. I had to put the keywords later, editing the post. Finally, I decided to leave the post as it was but ... I don't know if it's a flaw on the platform or it was me. Do I need to be careful about the "Enter" key every time I type?
Has it happened to someone else?
Didn't happen to me.
I voted for your post and I am glad you have faith in #proofofbrain just as I do!
Let's engage and create meaningful content here!
Hug
Oh nice to see you also here! Yeap, looks like this will be the place for the "brain" content. All this about the communities was a big achievement for HIVE, it has helped a lot to separate the content that was very mixed. Now you know, depending on the content you want to consume, that you can go to one platform or the other. Something really good!
Reading you around :)
Hugs
Pd: I am pretty sure it was me who made a mistake ...
Pd: I am pretty sure now it was me who made a mistake ...
Hihi!
This is how we learn...I am not sure even now if I wanted to click Stake for my POB tokens or not :))
!DUCAT 20
Trying to open the DUCAT faucet tap!
Hurray! The DUCAT faucet tap got opened by an appreciator, this is your lucky day!
No that didn't happen to me, but one time I was writing my post it flashed away for one second and came back. There might be little glitches, like for instance I am unable to upload images.
Could it be you pressed the tab key by accident and enter would have submitted you post because tab would have brought the control to post button ?
It could be ... as I told to a friend yesterday after some time thinking what could be, I am pretty sure that was my mistake. Now that you talk about TAB key .... I use it a lot.
Thank you!!!! :)
!WINE
Congratulations, @juanmiguelsalas You Successfully Shared 0.100 WINE With @harpreetjanda.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/2 Successful Calls.
Total Purchase : 24846.318 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.270 HIVE
Glad that i was able to help/clarify.
Please do report if you experience the same because it could be a nasty bug too.
!ENGAGE 10
ENGAGEtokens.Am new here please how do i set my beneficiary
In what platform? Proof Of Brain, Peakd, LeoFinance, Hive.blog? I need to know so I can help you.
Leofinance and Proof of brain
In Proof of Brain (image below) you should click on the blue mark "advance settings" and then will appear the window where you can change who receive the rewards and the % (red mark) ... In Leofinance I imagine is kind of the same.
Hope this help you.
Okay
!DUCAT 10
Trying to open the DUCAT faucet tap!
Hurray! The DUCAT faucet tap got opened by an appreciator, this is your lucky day!
Yeah POB is a no brainer! Wow! In the future they will all be calling us Geniuses for getting in early in this one! Haha!! Booom!!! POB to the moon!
It's nice reading through your post. Thank you for the update @juanmiguelsalas. It's pretty helpful and i hope to be more active on this tribe henceforth.
!DUCAT 20
Trying to open the DUCAT faucet tap!
Hurray! The DUCAT faucet tap got opened by an appreciator, this is your lucky day!
Reducing the supply in BTC manner is actually clever and going the help the price in the future.
Scarcity increases the prices and by reducing the amount of token generated event minute/hours we are creating that scarcity 👍
Is what got me interested at the beginning. You do not see so many projects doing that atm, limiting so much the supply. They will be even less than LTC, the "silver" from the crypto world. The similarity with BTC is a plus ;)
Yup, very true
This will help in the long run, and they are burning a lot of tokens daily, this will help with price too