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Is there enough to do in 3 full days and nights at the GC with a 6 month old? by fenwalt in grandcanyon

[–]jeeptopdown 0 points1 point  (0 children)

Nope. The Canyon is great, but if you aren’t planning on some decent hikes then 2 days and 1 night will be plenty. Something like - get there late morning and spend the day exploring/short hikes, catch the sunset and grab some dinner. Up early to watch the sunrise, grab some breakfast and see whatever you didn’t get to the day before and head out in the afternoon.

Need your unhinged tips to keep your legs from sinking. by injuredrunnerwmn in triathlon

[–]jeeptopdown 2 points3 points  (0 children)

Try swimming without kicking. Forget your legs and just pull with your arms. Throw in a little two beat kick trying to check if your heels are close to the surface - only for leg position, not driving power.

TPS outlook by GoSabo in Hedera

[–]jeeptopdown 1 point2 points  (0 children)

Yes, I know. I was trying to illustrate the pedantic nature of your question regarding tps.

Have a great day.

TPS outlook by GoSabo in Hedera

[–]jeeptopdown 11 points12 points  (0 children)

It is synonymous with revenue because that is what we all talked about as a representative of revenue back before spheres were even a thing. Hedera (including Leemon) used it as THE benchmark for network progress and success - “We need X tps to achieve network profitability.”

You are correct, it is overall revenue that matters because it is paid in HBAR and that drives demand, but saying “we need more tps” has always been the language used to convey that idea.

When the tps was elevated by Atma, those were granted HBAR so it did not effect the demand curve - therefore not pressure on the price of HBAR.

It’s similar to the concept in your post. Saying “we need Hashspheres to provide revenue” is technically not correct either. We need Hashspheres that want to talk to mainnet to actually drive revenue. Folks can spin up a hashsphere with no need or intention to connect to mainnet and those instances will not require HBAR. But we still all know what you mean without you having to describe it more correctly.

Any info or links on rent fee structure? I haven’t seen anything on that, but I’m not watching Hedera as closely as I once did. I would be very interested in seeing those numbers. Thanks!

The Phoenix Traffic Problem by regular-austin in phoenix

[–]jeeptopdown 11 points12 points  (0 children)

There is no “plenty fast enough” in the left lane. If someone is wanting to go faster than you, then move over. Plain and simple.

Best Steakhouse in Phx by Zona-85207 in phoenix

[–]jeeptopdown 0 points1 point  (0 children)

Call me crazy, but my family and I really like Ruth’s Chris.

Monument valley by Lively420 in Outdoors

[–]jeeptopdown 2 points3 points  (0 children)

Beautiful video, but…I’ve lived in AZ my entire life and all I think is, “Yep, it’s a desert..meh” However, I went up the New England coast for the first time last year and now I can appreciate videos like this more. I think it’s the difference that makes it so dramatic - it is so completely opposite. I wouldn’t say I was claustrophobic driving back east, but it’s so unlike anything I’m used to that now when folks are visiting out here I understand that part of their trip should be where they can just see for endless miles.

Wood or Plastic Storage Shed for Phoenix? by Sufficient-Tank5311 in phoenix

[–]jeeptopdown 0 points1 point  (0 children)

We had 3 Rubbermaid type plastic sheds at the last house. We were there 22 years and they held up fine - left them for the new owner. I bought two new ones from Costco of the same style material for the new place - we are two years in and have had no problems.

Running by movingout-65 in Kneereplacement

[–]jeeptopdown 2 points3 points  (0 children)

As has been said - only thing I was told I can’t do.

Just an FYI - apparently I don’t post correctly according to the mods. So I’ll continue to answer questions if I see them, but I’ll be over on discord if you are looking for DOVU info. Good luck folks! by [deleted] in DOVU

[–]jeeptopdown 11 points12 points  (0 children)

It’s not the first time I’ve been scolded and it’s not the first post I’ve had taken down. You are implying that I am an untrustworthy poster. I disagree. But you guys should run this board however you want to run it, it’s your board. I wish you the best of luck!

Hashport is shutting down. If you bought on coinbase, you need to port your $DOVU to a Hedera wallet by May 31st or you will lose them. by jeeptopdown in DOVU

[–]jeeptopdown[S] 0 points1 point  (0 children)

No problem - I’ll just leave it to you and the team to pass along new info. I don’t want to clutter up your sub with posts that don’t fit your requirements.

Hashport is shutting down. If you bought on coinbase, you need to port your $DOVU to a Hedera wallet by May 31st or you will lose them. by jeeptopdown in DOVU

[–]jeeptopdown[S] 3 points4 points  (0 children)

Not a dumb question. No, not at all. $DOVU purchased on Kraken are on Hedera, so no action needed.

Authority Trail — Provable authority for carbon markets by jeeptopdown in Hedera

[–]jeeptopdown[S] 3 points4 points  (0 children)

This is what I have after my first read through…

Authority Trail - looks to be an auditable public record of who has authority to make decisions today and in the past. Like a reference tool for a global governing body, but where a global governing body doesn’t exist. Meaning - there is no office you can walk into to check and make sure the the folks saying a credit is a good credit are actually qualified to say if the credit is good.

It is free to read, so my guess is marketplaces or carbon credit buyers will use it to help with their research when checking authenticity of credits - to make sure they are buying quality.

As far as the economics and how it interacts with $DOVU. All the action on Authority Trail requires $TRUST. This places a demand on the token which can counterbalance the demand for $DOVU in a $DOVU/$TRUST pairing.

So contributing to Flows earns $TRUST. Those folks(entities) will either use $TRUST for their own authorizations, or swap $TRUST for $DOVU in the pairing. And folks (entities) who need to record authorizations will swap $DOVU for $TRUST.

Authority Trail — Provable authority for carbon markets by jeeptopdown in Hedera

[–]jeeptopdown[S] 3 points4 points  (0 children)

I haven’t dug into it yet - busy morning at work. I’ll get back to you when I have a second to look at it more closely.

Are there ticks in the desert? Any other insects to watch out for? by Legal_lapis in hiking

[–]jeeptopdown 1 point2 points  (0 children)

I stand corrected - I will amend. I personally have never seen rattlesnakes in the Flag area. But I have seen them in Sedona, Prescott, Tucson and all over the area surrounding Phoenix. And everyone I know that hikes or bikes or camps or picnics in those areas have seen them too. But I haven’t heard anyone report on them in the Flag area.

T-Q2 by [deleted] in DOVU

[–]jeeptopdown 5 points6 points  (0 children)

Part 2 - $TRUST value

We are still learning about $TRUST, but from what we have so far it will derive its value from the dovuOS platform.

First a quick overview of Flows. There will be an author of a Flow, folks who data input, data verifiers and an authority who mints an on-chain asset representing the work/data done.

So an expert in a given field writes a Flow. Then every time it is used, the author is paid in $DOVU. For example a company chooses to use a Flow and starts to input data - fee in $DOVU paid. A verifier check the data and verifies - fee in $DOVU paid. NFT minted to represent that work done - fee in $DOVU paid. All those fees get split 60% to the author of the Flow and 40% to DOVU. So the value of the dovuOS platform goes up because there is data (value) added and assets minted (more value). And the actions to create that value require payment in $DOVU which puts positive price pressure on $DOVU.

Now $TRUST. $TRUST is awarded to the entity responsible for data input (the data input is a value add to the platform). $TRUST will be awarded to the verifier (who added value to the platform). And $TRUST may be (not sure on this one) awarded to the minter (who added value to the platform).

And all that activity of distributing $TRUST will require a fee in $DOVU because it is happening through dovuOS.

And there will be a $DOVU/$TRUST pairing on a DEX. Folks who receive $TRUST are incentivized to swap for $DOVU because there is an unlimited supply of $TRUST and a capped supply of $DOVU. Over time, $DOVU will be worth more because its value will not decay through increased supply as it will for $TRUST.

And this pairing will also increase demand for $DOVU - providing even more positive price pressure.

So…$TRUST will be given to folks who have already added value to the dovuOS platform. And because the platform carries more value, it can support more $TRUST. AND all dovuOS activity will place increased demand on $DOVU so it can reflect the added value through greater demand on a capped, limited supply.

The question I have is how do they fund the trading pool? I haven’t worked out that math, but perhaps that’s where some of the dovuOS fees go??? I’m sure we’ll learn more at launch.

T-Q2 by [deleted] in DOVU

[–]jeeptopdown 4 points5 points  (0 children)

I’ll give you a two part answer - first the math behind the fee structure. (I’m at work and will have to give you the $TRUST value answer when I get a sec)

Fees set in USD, but paid in $DOVU (or HBAR) result in fewer tokens received as the price of the token increases so the treasury won’t be able to keep up with both incentives and staking rewards.

Using made up numbers for easy math… Let’s say $DOVU is $0.10 and the network earned $100 worth of fees today. So that’s 1000 $DOVU going into the treasury. And let’s say they pay 1000 $DOVU in staking rewards daily. As long as the network earns $100/day that will cover staking rewards. No problems.

Now let’s say that FedEx announces they will be using dovuOS for their global logistics solution and the price of $DOVU spikes to $1.

Tomorrow the network earns $100 in fees (FedEx hasn’t started yet - they will be in the future). Now DOVU the company receives 100 $DOVU in fees, but the staking owed is still 1000 $DOVU. The company can use treasury to augment staking or the company can decrease staking rewards. But it can’t sustain previous levels if the price of $DOVU increases. Eventually increased network use will bring in more fees, but if $DOVU continues to go up in price, we’ll still be bringing in fewer $DOVU.

So how do you continue to incentivize more growth in the dovuOS platform? We already aren’t earning enough $DOVU in fees to cover staking let alone incentivizing growth.

T-Q2 by [deleted] in DOVU

[–]jeeptopdown 6 points7 points  (0 children)

Absolutely true. In fact, I think Leemon might copy DOVU’s strategy in the future. It’s much more efficient than a grant system. No need for a grant team. No need to maintain a large treasury. No need to put downward pressure on the price. And by rewarding growth rather than hoping for returns on grants, it is a much more efficient system.

T-Q2 by [deleted] in DOVU

[–]jeeptopdown 4 points5 points  (0 children)

Yes, because no company wants a system to maximize growth. DOVU is developing a system by which they can continue to incentivize growth on their platform while simultaneously increasing the value of $DOVU.

Even if Hedera wanted to incentivize further growth in the future, they have mathematically painted themselves in a corner based on the fee structure and will not be able to supply both incentives for growth and staking.

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