Importance Of Merit Sources || Why do we need merit Source? - page 2.

The Sceptical Chymist

legendary

Activity: 3388

Merit: 6887

Top Crypto Casino

Quote from: naim027 on December 13, 2021, 03:41:07 PM

I listed only Active members.

Yeah, and it was inevitable that what you listed would happen. Not everyone here cares about the merit system, and I doubt Theymos expected everyone was going to. So yeah, merit sources are a necessity to keep the whole machine greased and operating smoothly--and obviously Theymos was very forward-looking in having members volunteer to be sources.

I've got no problem with those so-called merit hodlers. Everyone's got their own opinion of the system and no one is required to participate in it, so I wouldn't be quick to lay a guilt trip on them. Just my opinion.

KingsDen

legendary

Activity: 1092

Merit: 1024

Goodnight, o_e_l_e_o 🌹

Quote from: OgNasty on December 13, 2021, 04:33:23 PM

Quote from: naim027 on December 13, 2021, 03:22:51 PM

If we do not have any merit sources, There could be a Merit Crisis Tongue

THE HORROR! NOT A MERIT CRISIS!

I propose we increase the total number of Bitcoin from 21 million to 30 million and use the 9 million new BTC to make sure Bitcoiners are prepared to face this Merit Crisis. I suggest implementing a new merit distribution program without merit sources, where everyone gets the same amount of merit every week regardless of their contribution. In fact, we should even make it so people can't send merits to each other, and only get their allotted merits directly from bitcointalk. That way we can ensure everyone gets their merits and there is no crisis. God forbid a life without a steady stream of merit for everyone. We must defend against this at all costs.

/sarcasm

I didn't believe I had to laugh out so loud at this reply. @Ognasty you made my day.
The looming merit crisis is so frightening. When it happens, even @Theymos himself will run out of smerit. We need special intervention of God to evade this pending merit crisis.

The subject is different from what is discussed on the body of the post. And what the users are discussing is quite different from the body of the post and the subject.
You identified an already identified problem, which is merit holding.
Instead of you to profer solution, there was a digress to merit source application.
Are you suggesting that the solution to merit holding is making everyone a merit source?
If no, make a clearer recommendations.

Edit:

Quote from: Charles-Tim on December 13, 2021, 04:44:27 PM

Quote from: OgNasty on December 13, 2021, 04:33:23 PM

I propose we increase the total number of Bitcoin from 21 million to 30 million and use the 9 million new BTC to make sure Bitcoiners are prepared to face this Merit Crisis.

Bitcoin is completely decentralized. This might lead to another hardfork, I believe bitcoin community is trying their best to move forward without further hardfork. Just my opinion. People would go for stable or reduced supply rather than increase supply.

@Charles-Tim, Ognasty is just being sarcastic. So your replies to him is killing the vibe Grin

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

Free Bitcoins Every Hour!

Quote from: naim027 on December 13, 2021, 03:22:51 PM

I found a few Profiles who usually don't send merits to others for some reason. Some of them either forget how to send Merit or believe In HoDling sMerit.

Are those merit holders still active and regularly log in to this forum? If they are no longer active, we can understand why they didn't send their sMerit.
But for those merit holders who are still active in this forum, it is very unfortunate to know they don't care about spending their sMerit. Well, they may think they have no obligation to send their sMerit, but what's the purpose of holding it? No worth of holding sMerit, it is not BTC. Grin

Quote from: naim027 on December 13, 2021, 03:22:51 PM

If we do not have any merit sources, There could be a Merit Crisis Tongue

Not sure to say we will have a merit crisis without merit sources. There are still many generous members who regularly spend their sMerit although they are not a merit source. But I can agree if merit sources have a big role to spread sMerit. Without them, sMerit can be very limited and possibly lead to a crisis if the awareness of spending merit among members be worsen.

_BlackStar

legendary

Activity: 1064

Merit: 1228

Quote from: Charles-Tim on December 13, 2021, 04:44:27 PM

I do not know about AakZaki and the time he applied, but I know of crwth, skarais and myself. Before the three of us applied, total merit sources were 111, while still 111 till today. No one among the three has been accepted.

I came across the merit source app from AakZaki when I started checking the first 10-15 page of meta a while ago before I created a thread. So I also don't know whether the application is accepted or not before I know that the number of merit source is still 111 users until now.

Regarding merit application, I think theymos as admin must have their reason for not responding to it and considering it too. So, it is reasonable to expect some added users to be a merit source as the number of forum users increases. Previously I have supported your application as well, so I hope that you can also be added to the next merit resource by theymos.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Quote from: _BlackStar on December 13, 2021, 04:19:22 PM

I found that some merit source application have been submitted such as AakZaki, Charles-tim and skarais which I met on the meta board but I don't know if those application have been considered or not.

I do not know about AakZaki and the time he applied, but I know of crwth, skarais and myself. Before the three of us applied, total merit sources were 111, while still 111 till today. No one among the three has been accepted.

Quote from: OgNasty on December 13, 2021, 04:33:23 PM

I propose we increase the total number of Bitcoin from 21 million to 30 million and use the 9 million new BTC to make sure Bitcoiners are prepared to face this Merit Crisis.

Bitcoin is completely decentralized. This might lead to another hardfork, I believe bitcoin community is trying their best to move forward without further hardfork. Just my opinion. People would go for stable or reduced supply rather than increase supply.

Quote from: OgNasty on December 13, 2021, 04:33:23 PM

I suggest implementing a new merit distribution program without merit sources, where everyone gets the same amount of merit every week regardless of their contribution.

To make it more decentralized. But hope this won't lead to low quality posts? Edit: it would in my opinion.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: naim027 on December 13, 2021, 03:22:51 PM

If we do not have any merit sources, There could be a Merit Crisis Tongue

THE HORROR! NOT A MERIT CRISIS!

I propose we increase the total number of Bitcoin from 21 million to 30 million and use the 9 million new BTC to make sure Bitcoiners are prepared to face this Merit Crisis. I suggest implementing a new merit distribution program without merit sources, where everyone gets the same amount of merit every week regardless of their contribution. In fact, we should even make it so people can't send merits to each other, and only get their allotted merits directly from bitcointalk. That way we can ensure everyone gets their merits and there is no crisis. God forbid a life without a steady stream of merit for everyone. We must defend against this at all costs.

/sarcasm

hosseinimr93

legendary

Activity: 2380

Merit: 5213

Quote from: naim027 on December 13, 2021, 04:08:54 PM

Right. But, As far I know we have 111 Merit sources only.

There are 111 merit sources with a total merit generation of up to 34139 sMerit per 30 days. [Ref.]
I think that's enough.

Quote from: naim027 on December 13, 2021, 04:08:54 PM

it's been a long time since theymos didn't add any new merit sources.

The last time theymos appointed new merit sources was July 5.
Number of merit sources increased from 97 to 111 and total number of source merits generated per 30 days increased from 21171 to 34139.

_BlackStar

legendary

Activity: 1064

Merit: 1228

There are 111 merit source currently distributing merit to users who can post something constructive, informative and quality on the forum. Some are active on local board while others are active on various board in this forum.

I found that some merit source application have been submitted such as AakZaki, Charles-tim and skarais which I met on the meta board but I don't know if those application have been considered or not. But I will still support anyone who want to contribute to community, especially when they apply to be a merit source. I don't know if there is an urgent need to add some other merit source on local and global board, but adding a merit source would certainly be better for the now larger community.

naim027

sr. member

Activity: 476

Merit: 523

Quote from: hosseinimr93 on December 13, 2021, 04:01:43 PM

Quote from: naim027 on December 13, 2021, 03:41:07 PM

Yeah, Merit HoDLers is the reason. That's why we need merit Sources

Not only that.
In the case we don't have any merit source, we would still face lack of merit even if all users spend all their smerit.
Without merit sources, as users get 0.5 smerit for any merit they earn, the total number of merit that are in circulation would gradually decrease to zero.

Right. But, As far I know we have 111 Merit sources only. it's been a long time since theymos didn't add any new merit sources.

hosseinimr93

legendary

Activity: 2380

Merit: 5213

Quote from: naim027 on December 13, 2021, 03:41:07 PM

Yeah, Merit HoDLers is the reason. That's why we need merit Sources

Not only that.
In the case we don't have any merit source, we would still face lack of merit even if all users spend all their smerit.
Without merit sources, as users get 0.5 smerit for any merit they earn, the total number of merit that are in circulation would gradually decrease to zero.

naim027

sr. member

Activity: 476

Merit: 523

Quote from: BlackHatCoiner on December 13, 2021, 03:34:09 PM

And here he comes again, Satoshi, number one, with 1,652 sMerits. Tongue

(And a shit load of bitcoins)

I don't count him since he is inactive. I listed only Active members.

Quote from: BlackHatCoiner on December 13, 2021, 03:34:09 PM

Seriously now, what does the title have to do with the content of your post? You just speak of the merit “HoDLers”.

Yeah, Merit HoDLers is the reason. That's why we need merit Sources Grin

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

And here he comes again, Satoshi, number one, with 1,652 sMerits. Tongue

(And a shit load of bitcoins)

Quote from: naim027 on December 13, 2021, 03:22:51 PM

If we do not have any merit sources, There could be a Merit Crisis

Nope, because there wouldn't be any merits at all. And as a merit source, I strongly agree to have merit sources!

Seriously now, what does the title have to do with the content of your post? You just speak of the merit “HoDLers”.

naim027

sr. member

Activity: 476

Merit: 523

Hi guys, Recently I found myself on the Top 1000 merit earners. And I am a bit surprised that a Full Member Ranked member in the Top 1000 Merit earners.
I visit Bpip.Org for some Purposed and I was digging a few things. And I found something interesting and I realized why actually do we need merit sources.

I visited a few profiles from Most earned merit (after initial merit) list. There is a list of

Quote

The top 1000 most earned merit. reports are calculated using any merit given after the creation of the merit system.

I found a few Profiles who usually don't send merits to others for some reason. Some of them either forget how to send Merit or believe In HoDling sMerit.
I know some exceptions are always generous about merits.

You will find this thread useful: [TOP-200] The most generous users giving merits

I would like to request Coin-1 to make a List of Most sMerit HoDler. (kidding)

If we do not have any merit sources, There could be a Merit Crisis Tongue

Anyways, here are some screenshots of Merit Hodlers. I am not going to reveal their username since all of them are from Top 1000 Merit earners and almost all of them are good reputed.

Note: I might get a personal attack for creating this thread. I apologize for this one

Topic: Importance Of Merit Sources || Why do we need merit Source? - page 2. (Read 383 times)