What The Heck Is Proof Of Brain? [Presentation]

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(Edited)

Everyone on Hive & LeoFinance is going bonkers about the new Proof of Brain Tribe (POB) including me. Why?

  1. Price of the Token and its performance since its inception. 🤑
  2. It's unique tokenomics, inspired from good bits of Bitcoin, Hive & Leo. 😎

Everyone wants a piece of it and one should join the party ASAP. It's an interesting fusion experiment and I am excited to see where this will go in 2-3 years from now.

It's time we should amplify PoB to other tribes and outside of HIVE. So, I did what I do best. I did some research in the last couple of days and created this presentation for noobs like myself who did not know anything about Proof of Brain and where did it come from? What are its advantages? Why PoB Token is a great portfolio addition? etc. etc. I am not exactly answering those questions in detail, but this should give you enough info the get started.

So let's dive in..

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I included this topic in the presentation to let the readers know that there is a difference between DPos & PoB and Hive uses the combination of both.


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Publish your content through https://www.proofofbrain.io/ or use the #proofofbrain tag in your posts to earn PoB tokens. It's a general tribe where you can publish any type of content. Join their discord for more info: https://discord.gg/zy6fEBQdzW If you found this post valuable then kindly upvote & share with someone who could use this. I would love to know your thoughts about PoB Token so please comment below


References

  1. https://academy.bit2me.com/en/what-is-dpos/

  2. https://steemit.com/steem/@greer184/taking-a-deeper-look-at-proof-of-brain

  3. https://hive.io/whitepaper.pdf

  4. https://steem.com/steem-bluepaper.pdf

  5. https://www.proofofbrain.io/hive-150329/@proofofbrainio/introducing-proof-of-brain-token-pob-whitepaper

  6. https://www.quora.com/What-is-proof-of-brain-in-Steem




https://leofinance.io/@finguru

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https://twitter.com/finguru6


finguru#4062


No financial advice. For infotainment purposes only.

Posted Using LeoFinance Beta



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51 comments
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Some tribe really started out really well and of course are currently doing badly. The truth is, the vibe with POB started out good especially as people are excited as the prices, hopefully people would rather have a hodl mentality rather than selling off everything.

Posted Using LeoFinance Beta

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I agree with you buddy! HODL mentality would take us quite far in the crypto space. We have seen time and again how these things turn their course overnight and start growing exponentially. I am really excited about PoB because of its interesting tokenoimics. Thanks to PoB's high demand & less supply, the high price is no surprise to me.

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Fabulous infographics, I especially like the explanation of the PoB rewarding mechanics.


Posted via proofofbrain.io

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Thank you so much @calumam, glad you liked it. 🤞 Hope others will understand the value of this type of mining. According to me its far superior and more accessible than PoW.

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This tribe is booming from day one.
I saw a lot of people talking about this tribe and token. Everything looks going into right direction so far.
Thanks you very much for compiling this post and sharing the information here.
Keep posting.


Posted via proofofbrain.io

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(Edited)

That's true @harpreetjanda, more activity will only serve PoB and a wider distribution of rewards will happen. Thank you so much for stopping by. More brainy content is coming up, please stay tuned.


Posted via proofofbrain.io

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Very completed explanation and with picture details so that it's very easy to understand about Proof Of Brain Tribe. Welcome to the POB community brother and thankyou for the best explanation :)


Posted via proofofbrain.io

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Thanks for the compliments bro. Glad you liked it. I love PoB and excited to be a part of this community. Will do more of such contributions in my own way. ;)


Posted via proofofbrain.io

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I'm glad I hopped on the train when POB started and staking my rewards. I believe it's future is bright!

Excellent write-up on POB token. I hope you are doing great. 🙂

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Me too Kemmy. Gotta stack more and more those PoB Tokens while we still can. Early mover advantage is very real.

I am doing great, feeling a lot better. Thank you so much for stopping by, once again. Cheers!


Posted via proofofbrain.io

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Good presentation. I just wish people weren't as fixated over the price of the token. It also fits my assumption that it is a general tag because I haven't seen any limitations on the type of content.

Posted Using LeoFinance Beta

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Thank you @jfang003. You are right, that price is temporary and may not hold forever, it could go in either direction.

Yes, it's a general tag which is why I am using it in all of my posts.

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Congratulations @finguru! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 800 upvotes.
Your next target is to reach 900 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Support the HiveBuzz project. Vote for our proposal!
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Very well put together presentation. I hope it brings boatloads of people over here (after I get my stake to where I want it to be ;)


Posted via proofofbrain.io

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Haha, all the best buddy. We are so early in this and there is a great opportunity to stack as many as we can before more users join the party.

Thanks for stopping by!


Posted via proofofbrain.io

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For sure! I have been here long enough to know that some opportunities windows stay open for a moment, others for years... at this stage I am just thankful to be where there is constant opportunity. I'm hoping to see some Hive projects do a moon landing this year.

Posted Using LeoFinance Beta

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Very well done, really like that one - overview all in one, looking forward to ongoing Updates when new features are implemented


Posted via proofofbrain.io

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Well put together stuff here, really impressive! I was asking myself to look into POB more and now you've made that a bit easier for me!

Posted Using LeoFinance Beta

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Thank you so much Rob! Glad you could find this useful. I suggest you to check out the references I have mentioned at the end of the post if you would like to know more. You will learn so much about how Hive & DPos Blockchains work. Found it very interesting!

Posted Using LeoFinance Beta

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POB can be long-term a really cool token. Special if Hive token becomes the gov/gas token.

Posted Using LeoFinance Beta

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I feel this is a good summary of POB. It's something I can rely on as I recently joined this week. Thanks for sharing. Upvoted and promoted.


Posted via proofofbrain.io

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Awesome @scholaris.pob, glad you could find this useful. And thank you so much for your support. Cheers! 🍻

Posted Using LeoFinance Beta

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You're very welcome. You're making transitions of newbies easier. If I could promote it indefinitely I would.


Posted via proofofbrain.io

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Thanks a ton, man! I am trying my best to serve the community.

If I could promote it indefinitely I would.

You saying this is more than enough for me :)) Made my day. Cheers!

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Sorry, you're out of LUV tokens to be sent today. Try tomorrow. (Having at least 5 LUV in your wallet allows you to freely give 3 per day.)

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Nice... A one page infograph would be good for marketing and promotion. Especially for folks who aren't familiar with Hive at all. Twitter and Facebook promos for it to get the masses in.


Posted via proofofbrain.io

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Thanks a lot, @charcoalbuffet. That's a cool suggestion, will see what I can do. ;)

The problem is that it's very hard to summarize all of Hive in one graphic. Do you have any ideas of what should I include in it? Would appreciate your inputs if any.

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I think for folks on the outside, the important bits are that it is free to join, free to earn rewards, no censorship etc.

Lot of talented writers on channels like #WritingCommunity looking for a place to promote their content.


Posted via proofofbrain.io

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Thanks for the inputs. I will make a list of unique factors about Hive and decide what all can be added to the promotional material. It's going to be fun.

Posted Using LeoFinance Beta

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Quite interesting concept; yes I was reading about POB everywhere but your piece helped me clarify. Will track closely. Its interesting to use the basic Hive incentives but applying scarcity. Fun times ahead!

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That's cool @renovatio. Thanks a ton, glad that I could help. PoB is definitely a very interesting concept and most of us know don't realize that we already are a part of it.

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I don't know that POB goes to the witnesses. I have not heard that and I have been in on POB from the beginning.


Posted via proofofbrain.io

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Hey @leprechaun, Thank you so much for stopping by. Sorry for not clarifying this properly in the slide itself. 😊

Until slide 4 I was explaining PoB Mechanism & DPoS w.r.t Steem & Hive. Where rewards pool is used to incentivize all the human parties involved i.e. creators, curators & witnesses for their respective contributions. The community decides who will get what.

W.r.t PoB token, since it's 100% Proof of Brain and built on Layer 2 on Hive, there are no witnesses. Only creators & curators. We are not choosing witnesses here to validate blocks for us since it's being already done through the base Layer (call it Layer 1 or Hive).

This is how I understand the whole system as per my findings. Please correct me if you think this doesn't make sense.


Posted via proofofbrain.io

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I think it's a layer 2 as you do. It is a unique kind of layer 2 as it keeps all the data onchain.

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Hi! I was seing your profile and I arrive in this post. I have a question, these materials is yours? If yes, can I translate them?


Posted via proofofbrain.io

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Thank you so much for reaching out @paulo.sar.

Feel free to copy, replicate or translate any of my material. Giving me credits would be appreciated but not necessary. Cheers buddy!

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Oh, thanks, I will give credits. I think until next week I will get this done!! Thanks for the reply!!


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Do you need the editable format of this presentation. You can replace English with the language you are translating in.

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