Blurt

Blurt is a public social blockchain with a diverse and vibrant community that strictly upholds property rights. Blurt contains balances imported from Block 43526969.

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 can vote on Witneses and DAO Proposals.
  • The regent account decays 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
    • inflation
    • reward pool

Imported to Blurt From Steem

• STEEM Balances
• SBD balances were converted to BLURT at the chain-reported price of $.26/STEEM from Block 43,526,969
• Usernames
• Public Keys

Not Imported to Blurt From Steem

• Content
• Followers
• Profile Pic
• Name
• Location
• Pending Claimed Accounts
• Account Authorizations

Economy

• We adhere to Austrian Economics
• Our Currency is called BLURT
• Staked BLURT is called BLURT POWER.
• 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 enjoyed a smooth launch with large participation from witnesses on July 4, 2020.

Shortly after launch, two bugs were discovered:

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 fees controlled by witnesses was released. Witnesses have currently stabilized fees at 0.001 BLURT per operation and 0.1 BLURT per kilobyte. We consider the Resource credit bug to be fully mitigated, and will remove resource credits from Blurt in Hard Fork 2.

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.

Software Development

Work is ongoing in the dev branch.

The snapshot-verification code can be found in the snapshot branch.

Our next milestone is Hard Fork 2

Documentation

Developers

Exchanges

Witnesses

Exchange Tracker

Centralized Exchanges That Listed Steem at Block 43,526,969 and are in posession of airdrop funds

Exchange	Airdrop Funds	Airdrop Funds Status	Listed?	Fee Requested?	Fee Amount
Ionomy	42731.888 BLURT	In Progress	YES	NO	Free Listing
Upbit
Gopax
Bittrex
Binance
Huobi
Probit	YES	HELD	NO	YES	1 BTC + 1 BTC of BLURT
Poloinex
Bitflyer
Daybit
Sistemkoin
Kraken
Okex

The Blurt community is deeply grateful to Ionomy for their intention to honor the Blurt airdrop on holders of STEEM from block 43,526,969.

Centralized Exchanges that didn't list Steem at block 43,526,969 and are not in posession of airdrop funds

Exchange	Listed?	Fee Requested?	Fee Amount
Cointiger	NO	YES	5 BTC + BLURT for giveaway
Coinbase	NO	NO	N/A

Decentralized Exchanges

Exchange	Listed?	Fee	Fee Amount	Responsible Party
Binance DEX	NO	List tx fee	1000 BNB	N/A
Uniswap	NO	NO	ERC20 Token Creation + Contract Creation	N/A
Hive Engine	YES	YES	100 HIVE for BLURT ticker	@daking
Steem Engine	NO	YES	100 STEEM for BLURT ticker	N/A
Incognito DEX	NO	N/A	tiny	N/A
Poloni DEX	NO	?	?	N/A
NewDEX	NO	?	?	N/A
IDEX	NO	?	?	N/A
Kyber	NO	?	?	N/A

The Blurt community is deeply grateful to @daking for maintaining the @blurtlink serrvice that connects Blurt to Hive Engine.