CTP Chat For June 23rd, 2021 - It's Question Time!!

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It's that time of the week again!

And we're looking for your crypto related questions for tomorrow CryptoManiacs podcast!

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As always, we will send you some nice upvotes and a Hive tip for every question you ask. And so far, you guys have been crushing it with the questions...

So dig deep and let's get those questions asked for the show. The success of our podcast is directly related to the engagement we get from the community, you guys are making this show awesome!!!

Looking forward to answering the questions tomorrow :)


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Our Token:

https://hive-engine.com/?p=market&t=CTP

https://leodex.io/market/CTP

Our Miner:

https://hive-engine.com/?p=market&t=CTPM

https://leodex.io/market/CTPM

Vote for our Witness Node On Hive-Engine:

https://tribaldex.com/witnesses (clicktrackprofit)



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23 comments
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I've just written a post about something interesting that will come with HF25 (in addition to recurring payments). The linear reward curve will allow the upvoting of comments without losing curation rewards. I think this will allow new users to grow organically by engaging and commenting and might change a lot of things on Hive. Do you share this belief?

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I am still a little fuzzy regarding the linear reward curve so if a high level recap can be done when this question is being answered, it would be appreciated.

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The big difference between linear and non-linear reward curve is the fact that the non linear reward curve has an algorithm that favorises upvotes that come before other upvotes... Meaning the earlier you vote, but after the 5 minutes window and the more votes come after you, the more curation rewards you earn... That's pretty complicated to understand and even more complex to explain to others.

With the linear reward curve, all this "gaming of the best upvote moment" falls away and everybody will get the same cut from curation rewards. The only important thing will be with how much hive power you upvote posts.

Hope this helps :-)

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Algorithm calculations can be tricky. Yes your explanation helps. Thanks.

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With China's actions to shut down miners and limit crypto transactions and activity in their country, how do you see this impacting the crypto market? And are there other countries that are trying to limit crypto as well?

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This is a great question. On the other hand you have country's like El Salvador. maybe its a crypto battle of some sort.

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I like these questions.
How is it possible for the hivecter to fall so low after such a large people?
How long is this cryptocurrency expected to fall?
Could it be that if Bitcoin goes up, all currencies go up.?
Doge and shiba même coins have possibilities in this market?
When will Bitcoin's next rise?
Still, is it worth investing in cryptography?

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Some of us are all in on the blockchain, crypto, HIVE; but for a person outside looking in; what is the one thing you would tell a possible sceptic that would entice them to at least to give it a look without a salesy tone - of course. I’m asking solely on the current dip, because that may be what they point to.

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(Edited)

I need the CTP community's input. I just started using Ecency and have a question regarding their point system. Mainly what do you do with their points. I see three options - Gift, Promote and Boost. What do each of these do?

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I was also a little bit confused at the beginning with these points and what to to with them. Will try to explain:

Gift:

Is the possibility to transfer the points to another account. For example you could send me points or i could send you some of my points.

Promote:

Your post will be promoted in the ecency interface. Will show up in peoples feed here and there. Doesnt matter if they follow you or now. If you use the ecency mobile app for example you see sometimes post from people you dont follow and above their posts its mentioned "promoted".

Boost:

To buy upvotes from the ecency accounts. But its not buying upvotes like back in the old steem days. You can only boost up to a certain amount of points on a post. Think its around 1 - 1.5$ but not sure atm.
Also one of the ecency mods will check your post. If its for example just a post with just a picture and one sentence they might reject the upvote and will send your points back to you.

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Thanks for the detail, I much appreciate it. I have only been on Hive platform for two months so never knew anything about the "old steem days".

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Dont worry you didnt miss anything 😀 glad i could help and welcome on board 😊

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Question (not for podcast): This below Waivio account just started following me. It appears to be from the Steen blockchain. I noticed yesterday an account showing steem as the currency on their post instead of hive voted for me.

Is this part of the hardfork or is it normal on the hive platform for Steem accounts to be present?

Waivio Service
waiviodev.com
This is a Waivio bot service. It is being used to maintain Object Reference Protocol on Steem blockchain

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I am not familiar with that project but do know of it. Could be just that they stayed on Steem. But as far as I know, it's not a bot and should be a legit account.

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I was going to change my keys since I have never done it. They are still the same keys that I had from the blockchain whose name shall not be mentioned before we were on Hive. I am guessing that since I have waited this long it might be a good idea to wait until after the current Hardfork is completed. Will it mess things up to do it now?

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My question would be, are we entering a stabilization of the market again and can we enter a bull market?
And thank you Jon for the help on CTP

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My question would be what kind of opportunitiers miners have when they get shut down in general? Like which countries could they go to and what countries are the most crypto friendly ones?

Also would be interested how much you guys think it will effect the bitcoin price / network now and in the future?

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The big question on my mind lately is how to best utilize cryptos to sell music and art on the blockchain. I think that cryptos can have a huge influence on the music industry. what do you think?

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Would it be considered "online entrepreneurship" if I wanted to use the hive blockchain, and hive-pay to operate a company that exists in the real world?
I really want to start a landscaping business, and I want to be paid in HBD, and house the online portion of my business on hive.

  • Who will help a layman like me, to build a tokenized front-end?
    There is so many times where I tell someone or a group of people that they can do this for themselves, but hardly any of them are programmers.. and when people claim that a person can "easily spin up" a front end, but I can't seem to find the info or the rite people to make this is easy as was claimed.
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The unit is Hive Power equivalent because your rewards can be split into HP and HBD

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If you no longer want to receive notifications, reply to this comment with the word STOP

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(Edited)

Hello everyone! 👋 Just passing by again here. 😁 I'm practically one of the "clean-up crew" trying to find comments I could easily reply to meaningfully, but because of the low number of comments, I could not find at least one to reply to. 😅

@amr008 might want to analyze stats on this post posted about 9 days ago (and probably include other posts) from @ctpchat. 😏 Anyway, this post has only 19 comments (excluding this comment and those from bots)! 😅

I also brought some !PIZZA! 😁

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