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Showing posts from January, 2025

GentBG - why bother to burn STEEM?

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by joviansummer original STEEMIT post: https://steemit.com/blog/@joviansummer/gentbg-why-bother-to-burn-steem GentBG - a new experiment to burn STEEM Hello, this is @joviansummer(witness: @jswit). I'd like to briefly explain why I bothered to start @gentbg experiment. Unlike bitcoin, STEEM has no supply limit. As long as STEEM exists, newly minted STEEM will be added to total supply. If we can't maintain corresponding demand or reduce supply, downward pressure on STEEM price can be a big challenge. @gentbg project is an experiment to reduce STEEM supply by burning. @gentbg will burn liquid author reward and delegate SP reward to @jsup to get amplified upvotes. The main purpose is to create a perpetual STEEM burning loop. I added a bit of fun factor via AI-generated images, to incentivize giving upvotes to @gentbg's posts. If you have some spare voting power, you can contribute to burning STEEM by giving upvotes to @gentbg's posts. Initial run of this experiment wil...
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jsup/avle code update - you don't have to write post everyday

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by joviansummer original STEEMIT post: https://steemit.com/blog/@joviansummer/jsup-avle-code-update-you-don-t-have-to-write-post-everyday Hello, this is @joviansummer, developer of @jsup and@avle voting service. Voting service code for @jsup and @avle has been updated. I had been considering this update for a while, and recently I could come up with detailed implementation plan which resulted in a relatively swift code revision. The new added feature is capability to give daily upvote to the first thing you write for the day(timezone GMT+9) regardless of post or comment/reply. Writing a post everyday can be challenging. In that case, you can write a reply to receive daily upvote because writing a reply everyday is much easier and also a good way to engage in your community. Writing a post everyday just to get an upvote can be very tedious and exhausting, and post itself could easily become low-quality. There may be people who enjoy writing a post everyday, but we can't ignore th...
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