When I created Boost, I was thinking "this is the most simp…
When I created Boost, I was thinking "this is the most simple and obvious idea, why hasn't anyone else already done it?" It turns out other people in Bitcoin didn't realize that POW is good for something even though it's a fundamental part of Bitcoin.
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I've got feeling people don't get that paying doesn't boost content immediately, but miners do when they successfuly try to redeem the output instead mining the block
Do you think miners would ever ignore reward for boosting inferior information or Boost ties 1:1 bitcoins spent for boosting to Boost level?
You can add more to a bounty to make it more worth a miner's while.
Why do you think that? There seems to be a lot that people don't get!
How far into the future do you estimate your business ideas to be? <---This is a serious question. Is BoostPOW an idea that came to you recently (since the split?) or before the initial Hard Fork?
I knew back in 2017 that the reason that /r/bitcoin could be taken over was because upvotes on reddit don't actually mean anything and that if people had understood the Handicap Principle, no one would believe that open-source developers are leaders.
I designed Boost POW in 2019 because Craig said that we were all supposed to build something and that seemed like the most obvious thing that we all needed.
It's pretty hard to tell how far into the future you are. I feel like I do things that are logical and then I have a lot of trouble explaining them to other people and I don't get to understand much about how other people think because they won't tell me.
Can you explain boost POW please?
The same reason people think they can 'simulate' PoW with PoS. Proof of burnt coins could be used to "rank" information unless you're in a bunker.