One more Steem hard fork is coming at the 4th of July which will create a new chain named blurt!!

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(Edited)

Hello my friends I just discovered some fascinating news on twitter. On 4th of july, a new steem hard fork will occur and it will airdrop a new token to all steem holders. The sum of the tokens that will be airdropped will be calculated based on the last block before the latest steem hard fork which seized 23,6 million steem from selected accounts in 20th of May.

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The name of the new chain will be blurt. It will have a regent account with a controlling stake or special weight vote and it will vote on consensus Blurt Producers and DAO proposals. This regent account will not impact the reward pool, the circulating supply and the new inflation(organic supply).
It will be programmed to ceased after 2 years and before the deprecation of the account, an update of the blockchain will be occurred in order to secure consensus protocols, such as One-Stake-One-Vote, to reduce the risk of centralized consensus attacks from large stake accounts.

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Blurt blockchain won't have a stable coin. SBD balances will be converted to their BLURT equivalent with the value they had before the last hard fork of steem. It also will disable the downvotes function.

The apr inflation will be 10% and it will be decreasing slowly to 1% over 20 years. 65% of the inflation will go to authors and curators, 15% percent to stake holders, 10% to the block producers and 10% to the proposals.

You can check how many coins you will get here. Download the zip file which inside has an excel file which contains the list of the account that are eligible to the airdrop. Find your account name and divide by 1000 the number which is beside and you will see how many coins you will get. If you see two numbers the first one is the liquid blurt and the second is the steem power.

I don't know if blurt will make the difference because at hive I feel like I am at steemit before Justin Sun. It may was decentralized but big stakeholders which are the minority on the platform think that they are the bosses here and they censor our posts with blacklists and downvotes. They blacklist a poor user for spamming and actually they are the real spammers by using bots to comment on users posts with the same messages. Some of the witnesses, are the people who were selling votes at steemit and now they are like benefactors because they have a blacklist. Some days ago a witness made another blacklist for the users that still post at Steemit and threaten these users with downvotes. Fortunately he was clever enough to admit his mistake very quickly and he apologized to the community. WIth this behaviors hive will end up like Steemit and I am very happy that hive will have a new competitor. At least blurt disabled the downvotes and big boys can't be bullies there.

Thanks for reading see you at my next post!!

Refferences:gitlab, blurt twitter

Posted Using LeoFinance



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11 comments
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This stuff is never ending but thanks for updating the community who may not be aware of all the latest shady Steemit activities! @tipu curate

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i wonder what else we gonna see

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Ηταν να μην γίνει η αρχή. Απαξ και εγινε κάθε λίγο και λιγακι airdrop θα εχουμε!! 😂😂

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(Edited)

doubt there will be any holders by then to claim the airdrop..lol

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It will not be necessary to hold your steem. The airdrop will give the same sum of steem that you were holding before the hardfork that stole the 23.6 million steem from some users.

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I don't think I ll ever stop being totally surprised by the crypto space ........

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Who is behind the regent account? Is this another Justin Sun/Tron controlled chain? 😂

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I am not 100% sure but I think @birdinc which was the official Manager of Business Development at steemit.inc is behind the blurt chain. At this post he says that "they" are working to build and run the production blockchain code to prepare the hardfork of the 4th of July.
I don't think that Justin Sun has any relations with the new chain. I am coming to this conclusion from this post which is three months ago. Birdinc says that after the creation of hive blockchain, steem has died and he is happy for the early success of hive.

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Thx for the research and update, interesting, but still wonder how the huge Steemit Inc genesis stake is handled by Blurt which basically would give JS/Tron control over the entire blockchain once the "regent" account decays. The Steemit Inc account dilemma was sovled by Hive by creating a special DAO account for the genesis stake with coded obligations and restrictions, something that should have been done long before.

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I have never thought about this. Maybe they will airdrop the Genesis stake to the regent account. I really don't know and I am very curious what they will do.

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