OK Twetch, what questions do you have about BoostPOW? Gonn…

Twetch ·

OK Twetch, what questions do you have about BoostPOW?

Gonna talk in-depth to @24 about it.

Replies

Twetch ·

Is every boost unique?

Twetch ·

If @24 was going to boost a Twetch, what is his thought process with respect to determining what difficulty setting to set?
P.S. 150 max now1?1? 😲

Twetch ·

you once said that BoostPOW must be evaluated in comparison to the hashrate of the entire network at a given time, so how do you plan to keep being able to do that as the hashrate becomes irrelevant as Bitcoin will transition to fee-based incentives ?

Twetch ·

The hash rate never becomes irrelevant

Twetch ·

It's about what rank your content deserves and how much you can afford.

Twetch ·

Wen lamboost?

Twetch ·

There is a tremendous internal cost felt within when I lie to myself.
I’m also only interested in boosting content that I feel will benefit others & help us level up in life. Even a joke qualifies if it brings happiness & positively changes one mood.

Twetch ·

☝🏻
Boosted for stimulating contemplation... 🙏 @5

Twetch ·

You understand how this game works.

Twetch ·

🙇 Honored 🙏

Twetch ·

How much one can afford has little relation to what rank is deserved by a piece of content.

Twetch ·

If your ideas are so good, why can't you afford to provably waste energy on them? Costly signals are correlated with fitness. Human fitness is based on the ability to serve other humans. That is how money is made.

Twetch ·

So if a selfish rich jerk were to continuously boost his content that was FAKE or had very little intrinsic value to others, would his reputation take a hit because of BSV’s immutable ledger? Thus preventing such shenanigans?

Twetch ·

Why not use verifiable time delay functions for proof of work instead of hash prefixes?

Twetch ·

He would just lose energy faster than people who had a better understanding of the value of their ideas and his content would be in competition with similarly ranked content that was better valued.

Twetch ·

That makes perfect sense at scale...

Twetch ·

Ideas contain proof of work, which requires discernment to detect. What is considered empirical is often opinion. Opinions can thusly favor implicit proof of work. If you can't invest proof of work to verify a proof of work, what good is your verification?

Twetch ·

Sorry I don't understand what you're arguing at all. Proof-of-work means partially inverted hashes. A use of proof-of-work is to gain attention from rational actors.

Twetch ·

You do not need proof-of-work to verify proof-of-work because you are not trying to talk to other people when you do that. You are just thinking about an idea yourself.

Twetch ·

A practical example is a good way to clarify things. If boost was available to Adam Smith but he was poor, how would he benefit from boost?

Twetch ·

If he was able to survive better than other people he would be able to calculate how much he could spend on boost over a long period of time without running out of money. Other people with more money but worse judgement would run out faster.

Twetch ·

Furthermore, other people who had good judgement would also be able to boost his ideas, so it would add up.

Twetch ·

@300

Twetch ·

How can we GPU mine BoostPOW? Have you thought of any ways to let us earn BSV by mining BoostPOW?

Twetch ·

But reasonable people would not care about him until he had paid enough to get some eyeballs. How would reasonable people discover him?

Twetch ·

Proof-of-work is for eliminating candidates down to a reasonable number. A "reasonable number" is different for different people. Some people would only read the top 10 boosted content, some the top 100, some the top 10000. ]

Twetch ·

I see, so boost works like a filter among ideas that manage to be financed enough. That's something.

Twetch ·

It just depends on how much information you want to process. More intelligent people would read farther down the list. They would find unexamined ideas and boost them up for less intelligent people to see.

Twetch ·

How?https://media.bitcoinfiles.org/c5baacdd5f0c86b3adcc54baab2e0815bdaa09b93dfb658d90d0b757ff5249c4

Twetch ·

Not financed. Associated with proven spent energy.

Twetch ·

If this association means a cost, it is financing, either by bootstrapping it or receiving energy donations (to the idea).

Twetch ·

While the dilution of what 'proof of work' actually means has been a tragedy, this twetch is a travesty. If ideas contained proof of work then we wouldn't even know that the byzantine generals problem existed. It would have already been solved.

Twetch ·

Proof of work is work that is provable. This can be done through demonstrated leaps in scientific progress. It can also be done with VDFs instead of hash functions.

Twetch ·

proof of work is partially inverted hashes and it is cheap to verify. Scientific progress is not cheap to verify. That is what makes proof-of-work competitive with other information concerning fitness.

Twetch ·

It requires expertise and careful reading to distinguish fake science from real science. Proof-of-work is verified reliably in a fraction of a second. That is why demonstrated leaps in scientific progress is not anything like proof-of-work.

Twetch ·

With proof-of-work you can process huge amounts of information according to a signal that is correlated with fitness without any specialized knowledge.

Twetch ·

Why boosting "btc is digital gold" is bad?

Twetch ·

Which can be purchased with financing irrespective of quality or what is deserved.

Twetch ·

Right. Costly signals are correlated with fitness. They do not prove fitness. They simply provide cheap information that is reliable on average.

Twetch ·

If everyone could play the costly signal game perfectly, then the handicap would be perfectly correlated with fitness. However, it is not an easy game, so they don't. The information that is provided is still worthwhile because it is cheap.

Twetch ·

but I understand there are things that do not require everyone's attention from the beginning. Bitcoin whitepaper would be a good example. Some smart people valued it and this appraisal spread to outer circles.

Twetch ·

There is nothing that can get everyone's attention from the beginning. Ideas need to be evaluated.

Twetch ·

And people have a limited attention with which to engage in new ideas.

Twetch ·

How does a poor person get attention right now? How does a non-celebrity named Tom Cruise get attention?
I wrote about this problem here: https://medium.com/@loganfrombitcoin/proof-of-work-in-the-year-2040-dfe4807c22b8
Pow enables specialized discovery.

Twetch ·

I think they usually don't, I was just interested in evaluating Boost as a tool to improve that.

Twetch ·

Yes, by "everyone" I meant a large group via a very expensive boost from the beginning. I understand what you are saying.

Twetch ·

I agree. And regarding "best" vs "most popular", if both got boosted enough, it is for the intelligent individual to evaluate?
And if the information is valuable, why would I boost it instead of keeping it for myself?

Twetch ·

It's like paying for an ad

Twetch ·

Which is another way of saying that slow verification is more reliable than fast verification.

Twetch ·

These are the kind of discussions we need if we are to help shape the kind of future we want our descendants & humanity to thrive in...