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RE: Blocktivity - The real value of Blockchains by fknmayhem

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· @fknmayhem ·
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Hi @steemptytutorials,

Thanks for your hunt. I’ve reviewed and approved it. The hunt is on.

**PS:** I personally think that the short description is deceptive or clickbait. Blocktivity’s platform looks at the capacity blockchains have. More capacity may actually result in lower value, especially when no PoW is involved. 

The key of for example BitCoin is its complexity, complexity also giving a real value to a token because of the average production cost. If BTC drops below $5k many miners will leave and the complexity will drop, making the actual mining cost lower.

I like Blocktivity, but Blocktivity is small in scope and there’s many more blockchains out there - some with very large capacity as well.
Example: Ripple. 

Yet while Ripple has capaicity, it doesn’t matter on its value. Even less so because technically it’s a token created to be burnt. 🤷‍♂️ 

TL;DR: Blocktivity is cool but it has much less value than just a vanity badge. And it has no value whatsoever when it comes to determining the “real value of a token”.
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