There is a Future for those in the Punic Wax mining pools too, of course create your own Pool, but also to be a Witness on a BLURT Clone.
BLURT is a Steemit Clone, a Graphene DPoWS like Bitshares and OpenLedger, they are all the same Technology.
The way PoW works is that Mining the Blocks in the Blockchain by hashing them is the Work, PoW is Proof of Work. So your hashing power goes in looking for a Block, who ever has more gets the most blocks. So mining Farms full of ASICs and Mining Pools with ASICs get all the Blocks. When not many people were mining Bitcoin, you could just mine with your Laptop.
PoS is Proof of Stake, much more simple. You hold it, your open wallet staking coins is a node, your hashing Power comes not from Electricity consumption, but from your holdings. The higher % you hold, the more Blocks you get, the more interest you get.
DPoWS means you mine like Bitcoin, but mining is voted on, so the competition comes not in how many people are mining, but instead how many people are voting for you.
This is achievable by having a team of dedicated miners not simply moving the network forward, but holding up a website used by many others who are less dedicated to the backend aspect of Blockchain. So the website users Vote on a group of Miners that are on the Blockchain side.
SocialGraph is the group that made BLURT, and they intend to make a BLURT Forking machine, meaning anyone can pick a day they liked their community's wallet balance on BLURT, and Fork over to their own website where all BLURTers have accounts with the same balance as they did that day. Then whoever chooses to use it can.
But to do this, we will need Dedicated Backend Blockchain people who know what to do when it is time...
We will be creating our own Fork and helping everyone else who wants to make a Fork when it is time.
There is no Announcement thread, so I thought I would discuss it here.
"The Blurt blockchain was created using a prototype of the SocialGraph generator. A platform that, once refined, will be able to churn out turnkey blockchains based on any Blurt snapshot, just add witnesses! The SocialGraph team are the founders of Blurt, which is one of many niche chains intended to be launched via SocialGraph technology. You may have heard Zapata for example will be launching once the Blurt bugs have and best practices have been ironed out."Quoted from here
https://www.blurt.blog/dao/@socialgraph/socialgraph-foundation-to-custody-dao-fundsAnyone who invests now will have a stake in several future Blockchains that have yet to be forked.
Join BLURT
https://register.blurt.buzz/The Discord Chat
https://discord.gg/qnR6dt2Block Explorer
https://blocks.blurtwallet.com/#/Buy and Sell Blurt here
https://ionomy.com/en/markets/btc-blurtBlurt is about to Moon Ramp. There are 400,000,000 coins in Circulation today, at 10% inflation, the whole thing started this August. But only like 600 Active Blurt Bloggers & Curators/Voters. As there are 1,000 active users, and 5,000 active users, and 50 people holding 1,000,000 Blurt each refusing to put it on the Market, and actively multiplying their funds by Voting/Curating, the rewards go up and the platform grows.
What is coming is a Bubble, like the Housing Bubble, where these currently $0.01-$0.02 may be as expensive as $20.00 as people around the World start to flood the platform. 100,000 active users is not a long shot for a place that pays you to be there. It will then Stabilize probably at a few Dollars. Then, finally, once there is a Stable Ecosystem and Stable rate of growth instead of a big influx. Then at that time we will still be earning, but there will be the inflation slowly bringing the value of each one down like the U.S. Dollar's inflation. But that will be from the higher stable value.
This all happened with STEEM, which stabilized at a few Dollars after starting at fractions of a Penny. Then Justin Sun bought Steemit, and all those people that had it locked in earning on their accounts, took it out and dumped it on the market. That is the only reason STEEM is as low as $0.15, but even if Blurt were capped at $0.15, and it isn't, that would be a 700% increase if you bought to today.