The rigor used in developing LTBcoin is a breathe of fresh air in this space. Counterparty assets are going to be so helpful to so many businesses and individuals!
The LTB Network Forum
The Proof of Publishing Protocol
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Posted on April 30, 2014 at 7:05 PM0 likes
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Posted on May 1, 2014 at 4:02 PM
Very interesting discussion developing. My 2 cents. Proof of Recognition & Proof of Publishing are both important. You don't necessarily know which content will be successful and you need to generate content by rewarding authors. Meanwhile, the people who produce successful content will want to be recognized for that as well. The idea to use various metrics for proof of recognition is good, and for the long term success of the network it is crucial to maintain (human) editorial evaluation of some aspects like "journalistic integrity" and "industry impact." I mean, DACs are only "autonomous" to a degree, right? At some point they interface with actual human beings.
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Posted on May 6, 2014 at 7:33 AM
Yeah this is a pretty intrepid undertaking in the regard of trying to get rules good enough so that they aren't gameable, and do a good job of content valuation. Well. . .if the first version is exploitable, we could always tweak the rules, right?
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