Blurt

Blurt is a public social blockchain with a diverse and vibrant community that strictly upholds property rights. Blurt contains balances imported from Steem Block 43,526,969.

Features

• No Downvotes
• No Stablecoin
• Transaction fees controlled by witnesses
• A regent account with a controlling stake or special weighted vote has been added to Blurt.
  • The regent account votes on consensus Blurt Producers and DAO proposals.
  • The regent account is programmed to decay over a two-year period with 24 equal monthly reductions to zero, starting at a power equal to all blurt supply.
  • The regent account does not impact:
    • circulating supply
    • new inflation A.K.A. organic supply
    • the rewards pool
• Imported to Blurt From Steem:
  • Balances - less Steemit stake described in this issue https://gitlab.com/blurt/blurt/-/issues/10
  • SBD balances were converted to BLURT at the chain-reported price of $.26/STEEM from Block 43,526,969
• Not Imported to Blurt From Steem:
  • Content
  • Followers
  • Profile Pic
  • Name
  • Location
  • Pending Claimed Accounts
  • Account Authorizations

Economy

• Ticker symbol BLURT
• Staked BLURT is called BLURT POWER
• There is no stablecoin on the Blurt Blockchain. SBD balances are converted to their BLURT equivalent when the snapshot is taken.
• Blurt uses Graphene Delegated Proof-of-Stake Consensus (DPOS), and is looking into alternatives like Cosmos-SDK / Tenderrmint.
• 10% APR inflation narrowing to 1% APR over 20 years
  • 65% of inflation to Authors/Curators.
  • 15% of inflation to Stakeholders.
  • 10% of inflation to Blurt Producers.
  • 10% of inflation to Blurt DAO Fund.

Status

Blurt launched on July 4, 2020 with bugs affecting:

Resource Credits The resource credit bug allowed for unrestricted writes to the Blurt blockchain, and this was exploited by the account @social to post hundreds of thousands prepared 64kb comments whose sole contents was a GIF of a penis or jpg of two men deeply enjoying one another's company. After consulting with the community, HF1, which introduced controlled by witnesses was released. Witnesses have currently stabilized fees at 0.001 BLURT per operation and 0.1 BLURT per kilobyte.

Rewards The convergent linear reward curve currently used by BLURT is malfunctioning. Rewards will be fixed in Hard Fork 2, which will be released ~August 1, 2020.

Development Work is ongoing in the dev branch.
The snapshot-verification code can be found in the snapshot branch.

Documentation

Developers Exchanges Witnesses