Impressive. So you mentioned our past (written) conversations might have influenced you to be tuned in to the possible value which might have influenced you to expend that effort to climb down the rabbit hole into the source code. Again that is impressive sleuthing.

I remember reading Dan's blog about how to do (and as compared to an ICO, the potential legality advantages of) a sneaky mine (which was around the time I was just starting to transition my understanding about the legalities of issuing crypto-currencies to my current stance) and I remember you taking note of it publicly on BCT. And I do remember pointing you towards the Larimers last year, and then myself just walking away after a few minutes in their Bitshares forum because I could see the governance for funding model of DPoS was REKTED which Dan now admits (he reiterates this in the recent interview with the @dollarvigilente). And I remember being aware of the plans for Peerplays as I was working on Jambox. But I don't watch ANNs because I am not into mining. And besides I was spread far too thin to be climbing down more rabbit holes than I already am.

People want to express their reaction to content. If we conflate their opinion of agreement with the relevance of the content for their attention, then we don't have an attention relevance metric rather some Frankenstein. I may disagree with a blog post and be compelled to express it with a quick click, but it may not mean I want to hide that content from my future attention. Without an accurate relevance algorithm, we will encourage groupthink, because attention (i.e. ranking) drives votes and rewards.

As well, upvoting needs to be different than liking the argument of a blog post:


I think thinking every post needs a poll (e.g. Agree/Disagree) in addition to an upvoting button for relevance. The upvoting button should be "I want to read more content of this quality, topic, and readership coterie".

The white paper wasn't available? If you figured out the white paper from the source code, I am impressed.

Probably not against Whac-A-Mole.

Afaics, Steem has no designed solution yet for plagiarism:

None. Will never exist. That is if you mean truly anonymous from the NSA.

Your question should be which offers the highest amount of anonymity mixing. The answer is Zerocash.

The big picture:

On security of crypto-currency transactions:


Btw, I think this needs to go in another blog post, because I don't think laymen (and the world outside of Steem's current readership) yet understand that the main problem(s) of crypto-currency security/theft have been conceptually solved (including my DEX design in that to stop the theft from centralized exchanges).

I told you they would be forced to pool the losses, and I updated that logic/explanation today:

That is a key realization about the concept which is also paramount in the way I was already thinking of restructuring Steem's design.

And it also pertains to my logic on why I think that Steem dollars are unnecessary. Note I am not intending to design a system to bailout people quickly from their messed up lives (as this guy will eventually find out that Steem's large easy payouts are not sustainable and so I hope he has stabilized his life asap). That is not to say I don't appreciate being bailed out of my cash flow problem by Steem, rather that it is not in the best interests of a correctly designed system IMO. This bleeding heart change-a-life works for Steem as a first noble driver of interest (and I have nothing against charity when individuals are tipping from their own wallets, not a collectivized one[1]), but it is not a good model for sustainably onboarding the masses. That is not to say there wouldn't also be instances in the design I am contemplating, but they wouldn't be as easy to attain (lotto-ish). In my design, the serious money goes to the serious content producers. The moderate rewards go to the average users who must keep it invested to see it grow into something very valuable:



[1] Some of you may remember I distributed $5000+ in charity provided by vokain and rpietila (mostly vokain) to victims of typhoon Yolanda and specifically documented with photos several examples of the new roofs that were constructed. Some where I still have all the Palawan Padala receipts documenting that.

I'd mention the name I have already, but the .com is $3000+ and I don't want to spend that out of my limited cash reserve unless I am very close to launch. I've got the .org, .net, .co, and .us already. After sleeping on the name choice I have finalized on, I am liking it more and more. It is really great because it captures the esteem concept while also being more general and appropriate to upvoting and sharing on all media types, including music, etc..

I moved away from my "jambox" or use of the term "jammin". I do have one alternative name not "fanjam" (which is also quite good! but suffers from the copycat problem) with the term "jam" in it. But I am nearly certain everyone will like my main choice.

Btw, I am contemplating entirely eliminating downvoting.

I guess I will go ahead and share the name I was originally thinking of using but even though it was catchy, I realized quickly that is was entirely the wrong meaning (except perhaps for the music content I am planning to go after later):

fanjam (note the .com is in use but I think not seriously)

Please do not criticize me for that name, as I did not continue with it. I registered the .us for $1 only while I gave myself more time to catch up on other duties (and also because I was having some brain fog due to my illness and put it on back burner until that abated) then returned to it and realized it was not the right meaning even though my gf and others liked it as very catchy and inducing.

Note the Jambox name was originally intended to focus on music sharing and after that apps in general (starting with games). So the "box" was your mobile device. It was all supposed to be in there. But Steem's example is that user created content is lower hanging fruit, so needed to move entirely away from "box" or confined to mobile devices. I still want to go after the music and apps later.

My long range goal is to entirely replace the Android and iOS APIs and app developers will program to a new API which abstracts those. We have these sort of platforms already, but not within an ecosystem which is larger than Android and iOS. I am annoyed at the bastardization of my mobile device by Google and Samsung. Fucking thing updates and installs shit without my permission and basically I am no longer in control of my device! (Yeah I know I heard I need to buy a Nexus or other brand, but I can't find here in Philippines and/or too expensive for me at this time, and besides I like to use mainstream stuff so I can see the problems that need to be solved for the masses)

I am thinking really big. I want to create a new programming language that compiles to JavaScript. Etc.

But we usually crawl before we walk before we sprint.

I am intending to replace the web browser also (unify it with mobile and the concept of an OS). Big dreams but I don't need to get all the way there in order to declare success. I will bite it off in morsels of lowest hanging fruit first. And have to observe my health also (which has been getting sometimes very good and very encouraging).

I (the goals) need capital to fund and motivate those big plans. Not just monetary capital but also the network effects capital of ideas and ecosystems. And I hope to get the capital I need from doing this first stage which is to compete with Steem. Or will see if that ends up causing myself and/or my goals to become folded into the Steem ecosystem instead.

See the edit of my prior post.

If the rewards and ranking algorithm was not quadratic then no one would be getting $16,000 unless they have 1000s of votes. And thus not everyone would be seeing that playmate blog at the top of the rankings. Thus the perception of Steemit as any one content focus would not be occurring.

Edit: but without the quadratic voting rewards, it is arguable that Steem would lose some (most?) of the hype and promotion. This is one of the reasons why I incorporated another reward into my design.

Another example where smooth and are not always like-minded on voting and this is another example that we need to fix the voting algorithm to group like-mindedness (i.e. I should have not seen this blog post so highly ranked as it was irrelevant for me ... although while the voting rewards and ranking algorithm is what it is, then this is relevant for me and causes discord):

I am very excited about Steem conceptually because it validates the concepts for marketing I was thinking about for Jambox. (That is not to say I am convinced that Steem's exact design can cross the chasm to millions of users)

Steem innovates how to distribute the tokens into the hands of the masses, i.e. the onboarding problem.

I was also thinking the social networking participants had to earn the tokens somehow and I was trying to think of ways they could (one of the ideas I had which was mining, failed in the final analysis).

I didn't think of collectivizing the control over the debasement, because I am generally against collectivism and because of every design I thought of for that was unsound. And it turns out to be a technically valid criticism because afaics Steem can't get out of the whale controlled quadratic weighting quagmire for as long as the debasement control is collectivized without encountering game theory failures on the incentives to not vote for oneself. And one of the key aspects I want to change about Steem is that the debasement will be under individualized control (without raising the cognitive load that causes microtransaction tipping to not work) while still of course collectivized in economic effect. This will enable my design to fix what I think is an insoluble game theory problem in Steem. But no one should take these words as fact. Until everything is peer reviewed in a white paper, then just assume I may have mistakes in my thought process.

What happened is that the split between STEEM and STEEM POWER caused me to have epiphany. That is where the crux of the innovation of Steem lies in my opinion. But I think they could structure it differently with better attributes.

Well that post came about because of research I was doing for the coding I was doing. I wasn't planning to blog, it just fell out into my lap. (Edit: and I needed to write that down any way, so better to put the content on a blockchain)

I really needed some money cushion, because I have a negative net worth, no income, and the cash I have isn't even mine and that had fallen to $9000 with roughly ($350+$80+$100+$256+$300+$100+$150+$100+50=) $1586 monthly burn rate not including any gadgets or techie expenses (such as domain registrations, etc). Oh that doesn't exclude the $250 I pay every 6 months to renew tourist visa and soon I will have to fly out of the country to renew so another large expense, etc, etc.

On the positive side I can work full time on this work I am talking about herein (actually double-time as I am exceeding 16 hours daily when my health cooperates).

Btw, thanks smooth and the others who upvoted that. I feel sort of guilty about it since I want to try to compete or improve Steem via competing. But somehow it will workout for the best I presume. After watching today the video of Dan and Ned (linked upthread), they seem like nice guys to me in the video. I got a different impression of Dan in the past from written or audio communication when I can't see his face. (Edit: I think also he was very stressed out with the former Bitshares governance debacle)

Bottom line is it should all work out for the best. Just need to remain productive and try to do work that benefits the ecosystem.

Btw, on further thought I didn't like the 6 letter domain name I had selected, because although everyone liked it, it had the wrong connotation. It was causing people to think of stalking their favorite artists. So I lost another several hours trying to think of a more appropriate name that is also really catchy. I was lucky to think of one which I think is better than Steemit. And it is 6 letters. So that was a nice accomplishment also for today, but I am bit disappointed that I didn't complete my module.js code today. I put two small JS code fragments up on my Github yesterday. Hopefully my coding will accelerate from now.

James and I getting deeper into it:

I'll await more details on Postbase before deciding whether to pursue private communication. Good luck with your progress. I wondering if you're part-time while also still holding down your day job.