RE: Why Proof Of Brain (POB) Is So Powerful
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I'm on board with the similarity to the bitcoin halving. Although i find all the same issues with these type projects. For example they often times focus on tokenomics and not demand and urgency. So with cloned front ends of one another it becomes very similar to the other tribes. Everyone burns and decreases supplies. However often times there is limited focus on the brand and network effect.
The bitcoin myk project uses a similar model to the bitcoin halving and the supply is decreased against transactions giving it a similar effect to the halving. Where it's unique from other projects is bitcoin myk gives it's tokens to the btc network and the unclaimed tokens are given to the public in the form of ubi.
Using the popularity of ubi to the grow the network. Although i don't agree with pob's algo of using stake to control the network voting etc.,. I do agree with the structure of the blockchain and transactions so i find certain aspects of it may be necessary.
However the differences are btcmyk obviously doesn't have miner inflation. What i like about the pob, project is although it somewhat focuses on the posts and content. it seemingly doesn't focus on it in idea for value as much as the other projects. The other cloned projects seem to focus on inflation and the "belief" the posts carry an actual value. As content is free online i think the value of the post are probably around zero.
So the focus is really in attention value. Many cryptocurrencies have shown us that what gives them value has very little to do with the actual " commodity" for lack of a better word. So the relationships and interaction drive the value of posts not so much the posts. So focusing on the value of the content i think is a misunderstanding of how cryptos work. The focus shoudl be attention value and how to expand the network further.
btcmyk gives it's value over to the btc network which in term like osmosis causes it to gain the btc network as well as, being multichain. However, in some sense i could see pob very promising but it will depend alot on the branding and network effect, so it will be necessary to pull itself away from the other tribes.
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