Previously my pegs were 0.02 and 0.023 for which you could sell and buy from me. Right now there are so many buyers I'd have to power down in order to put an order with the required volume to get the lowest sell price down to 0.023.
I do want to allow people to join the Proof of Brain community in an inexpensive way.
The schedule used for Proof of Brain token is setup ahead of time and it does not grow faster when demand goes up. The demand for the token is right now due to the utility of multiplying rewards but let me also point out that our Proof of Brain leader @proofofbrainio censors over zealous down-voting. Downvoting should be done on the basis of content. If someone posts content and for some good reason a user downvotes it, fine but we don't feel it is cool to downvote subsequent posts because it has the same author.
At the beginning of the blockchain and base alt-chain, Steem, flagging was encorraged for only fraud, physical threats and doxxing. Now a days people can be flagged for being over appreciated, promoting a good or service, and even warning others about bad actors. These are not bad behavior on other platforms and people will often decide to leave the platform rather than try to appeal the decision.
Not only that, with automation a user can become on the bad side of automatic program that will down-vote their content no matter how good it happens to be.
Some of these automated accounts are well funded so that even if 100 people think the content is great, the rewards can be set to zero with one downvote. And the downvoter didn't read the post because it is a just software, afterall.
But we believe that automatic downvoting goes against the spirit of Proof of Brain. For those who get on these blacklists, it is like they have the curse of Cain.
11And now art thou cursed from the earth, which hath opened her mouth to receive thy brother's blood from thy hand; 12When thou tillest the ground, it shall not henceforth yield unto thee her strength; a fugitive and a vagabond shalt thou be in the earth.
Genesis 4:11-12
I know it's hyperbole but I know you guys love that. Just look how popular @lucylin was.
Even for those who get a following on Hive, a single downvote can ruin a post rewards due to the wealthy Hive power whales.
For those who disagree with automated downvoting, there the POB token. It is curated, so those who start a downvoting campaign against a specific user can have their upvoting and downvoting privileges removed. So one wealthy user cannot veto the power you buy, as long as it is Brain Power rather than Hive Power.
The amount of POB in circulation and in stake is now at 5.6 million. This means as an ecosystem we are still getting easy POB: 50 POB are issued every ten minutes just like the early days of Bitcoin. By powering up and participating, you can encourage authors on Hive based websites using the POB community by voting them up to reward them of POB. Whales will not be able to cancel the voting power you bought and paid for by downvoting those you choose to up-vote.
One of the better The best interface for Proof of Brain is https://www.proofofbrain.blog/. Not only do you have the latest features of Ecency, but you have easy access to onramps from and to POB tokens via the wallet section. I make the numbers show commas after the decimal point so you don't get confused looking at numbers like 0.00001. You have a wallet for all of your other Hive Engine, LARYNX and Hive tokens. It's easier for me to read 1e-5 than 0.00001 but 0.000,01 is even easier in my opinion.
I could talk about how POB has gone up recently in price, but be careful there is another two years with the POB being issued at the rate of 5 POB/minute. This gets spread to all of the authors being voted on by those of us who have POB stake. So you can think of POB stake as a way of rewarding authors and active voters for the content. Those buying help reward the users of the POB-stake and authors. The same is true for those buying Hive. Those of us hold POB stake help decide who gets rewarded. Think of POB not so much as an altcoin but rather an "app coin". It's like Hive but flag campaigns do not affect our rewards. It only affects our reputations, isn't that right @proofofbrainblog and @proofofbrainio?
The founder account, proofofbrainio, was reduced to 0 reputation because of a flag war which started after the founder didn't allow a whale flag an account to zero rewards. The said whale admitted it was him, and even publicaly said his motivation was to reduce his 'reputation' score. The account holder could still get POB rewards and this demonstrates the utility of POB stake. If you liked content put out by this user, your votes would matter, even if Hive whales were trying to destroy their rewards.
Proof of Brain Votes Matter Even When Hive Votes Don't
☘️☘️☘️🍀🍀
