Greetings Everyone
Today we will be talking about Staking, Delegated staking and impermanent loss

1. WHAT IS STAKING
The concept of Staking is seen in this lesson which is based on the Proof of Stake mechanism on the consensus protocol. Here we see Staking as a system of locking assets over a period to generate interest and get benefits.
We see this aspect as diverse assets could be blocked from investors' control or not blocked at all and in other words making profit levels different.

2. What is Delegated Proof of Stake (DPoS)?

Under the shadow of Staking where we see the Proof of stake, we have the delegated Proof of stake mechanism seen as a system that operates with a delegatable kind of mechanism making the process more democratic. It could be seen as an Innovation of the Proof of Stake concept where users of the network vote and elect to activate the next block in the network.

Here delegates are considered, block producers since they are the owners of the choices as to which blocks are produced next and vice versa.
Reduced numbers of delegates are chosen from 20,25 even up to a hundred and making the block delegates different and not just in order.

The major catch of this process is the reward given to delegates who stake their share of their fees of the validated block in the delegate pool which is successful. The rewards are shared based on each user stake ie what percentage you stake is your percentage reward
The first holding of DPOS was by former EOS Chief Technology Officer Dan Latimer who initiated the first algorithm on the decentralized platform of the renowned Bitshares in 2015, while whole numerous exchanges now use the DPOS

3. What is Impermanent Loss?

The relation of an Impermanent loss to this work could be seen as when a trader stakes his assets and a volatile fall in the market happens beyond his asset value, there is said to be an impermanent loss.

An impermanent loss could be seen as a situation when a trader ie the liquidity provider incurs a loss of his /her assets due to volatility in a trading market.

#staking #SME #AweSME #someeofficial #SoMee #crypto

Good morning!
Make a plan and stick to it!

“Your current life is the result of your previous choices, if you want something different, begin to choose differently.” — Joe Tichio

Start you week right.
Make small choices at a time.
#mondaymotivation


#Someeofficial
#hive
#workout
#gymtime
#NewweekNewGoals
#Arms

The Choices
.
Life charges us to constantly make decisions.
Each choice determines a fact in the future.
Each fact, an unavoidable experience.
Each experience, an imposed change...
.
Choosing is easy when our feelings,
and illusions are not involved.
We are free to choose our actions,
but prisoners of its consequences...
.
Every moment is decisive.
We always have to decide between,
what is good and what is bad,
between our unmeasured ambitions,
and our inner common sense...
.
Therefore, it is necessary to find out if we will have,
the courage to stand by our soul,
or if we prefer to lie to ourselves.
But whatever our choice,
remember that nothing goes unanswered...
.
#choice #viral #heart #soul #12deMarçode2023 #alepdias #decisions #experience #consequences #ambitions #illusions #courage #somee #someeofficial #Hive

Libertarianism:

a political philosophy that emphasizes individual freedom and autonomy. Libertarians believe that individuals should have the freedom to do as they please, as long as they do not harm others or infringe upon their rights. They support limited government intervention in both economic and personal affairs and believe that free markets are the most efficient way to allocate resources and promote prosperity.

At the core of libertarianism is the belief that individuals have natural rights that are inherent to their being, such as the right to life, liberty, and property. Libertarians believe that the role of government should be limited to protecting these rights, and that individuals should be free to pursue their own interests without interference.

In terms of economic policy, libertarians advocate for free markets, minimal regulation, and low taxes. They believe that individuals and businesses should be free to engage in voluntary transactions without interference from the government. Libertarians believe that free markets promote innovation, efficiency, and prosperity, and that government intervention in the economy often leads to inefficiencies and unintended consequences.

In terms of personal liberties, libertarians believe in individual autonomy and the right to make choices about one's own life without interference from the government. They support the decriminalization of victimless crimes such as drug use, gambling, and prostitution. Libertarians also believe in the right to privacy and oppose government surveillance and intrusion into personal matters.

One potential drawback of libertarianism is that it can lead to a lack of social safety nets and protections for vulnerable individuals. Libertarians believe that individuals should be responsible for their own well-being and that voluntary charity is the best way to support those in need. However, some argue that this approach can be inadequate, particularly for those who are unable to support themselves due to circumstances beyond their control.

In summary, libertarianism is a political philosophy that emphasizes individual freedom, limited government intervention, and free markets. Libertarians believe that individuals should have the freedom to pursue their own interests without interference from the government, and that free markets are the most efficient way to allocate resources and promote prosperity. While libertarianism has some potential drawbacks, it remains a popular political philosophy among those who value individual autonomy and limited government intervention.

K: what are the pros and cons of decentralized identity & individual sovereignty?
*******************************************************

C-GPT:
Pros of Decentralized Identity & Individual Sovereignty:

1. Privacy and security: Decentralized identity systems give individuals more control over their personal information and make it harder for hackers to access or steal this information.

2. Ownership and control: Decentralized identity puts the control of personal data back in the hands of individuals, rather than central authorities or corporations.

3. Interoperability: Decentralized identity solutions allow for greater interoperability between different systems and services, making it easier for individuals to use their identities across multiple platforms.

4. Enhanced trust: Decentralized identity can help to build trust between parties in a transaction by allowing individuals to share only the information that is necessary for a specific interaction.

C-GPT:
Cons of Decentralized Identity & Individual Sovereignty:

1. Complexity: Decentralized identity systems can be complex to set up and use, making it difficult for many individuals to fully understand and utilize these systems.

2. Lack of widespread adoption: Decentralized identity is still in its early stages of adoption and may not be widely recognized or supported by all organizations and platforms.

3. Implementation challenges: Implementing decentralized identity solutions can be challenging and require significant technical expertise, making it difficult for organizations to adopt these solutions.

4. Dependence on technology: Decentralized identity relies heavily on technology, and any technical failures or disruptions could lead to problems with identity verification and authentication.

*********************************************************
K: thanks, now more on the topic of individual sovereignty please.
*********************************************************

C-GPT: Individual sovereignty refers to the idea that individuals have the right to self-governance and control over their own lives, and that this right is not granted by any external authority. In the context of individual sovereignty, individuals are free to make decisions about their own lives, as long as these decisions do not harm others.

Pros of Individual Sovereignty:

1. Freedom of choice: Individual sovereignty gives individuals the freedom to make choices about their own lives, without interference from external authorities.

2. Empowerment: By having the right to self-governance, individuals can feel empowered and in control of their own lives.

3. Creativity and innovation: When individuals have the freedom to make their own choices and decisions, they can be more creative and innovative, leading to new ideas and solutions.

4. Responsibility and accountability: Individual sovereignty encourages individuals to take responsibility for their own actions and be accountable for the choices they make.

Cons of Individual Sovereignty:

1. Conflicts with collective interests: In some cases, individual sovereignty can lead to conflicts with the collective interests of a community or society, such as when individuals make decisions that harm the environment or the well-being of others.

2. Lack of regulation: Without proper regulation, individual sovereignty can lead to situations where individuals make decisions that harm themselves or others.

3. Inequality: Individual sovereignty does not guarantee equality, as some individuals may have more resources or power to make decisions that benefit them at the expense of others.

4. Responsibility for outcomes: Individual sovereignty places the responsibility for outcomes solely on the individual, which can be a burden in situations where individuals face obstacles or barriers to making the best decisions for themselves.

Community Mention

On SoMee there are many Giveaways that our Community members have initiated and it's not only fun, but increases engagement and SME earning opportunities.

CryptoCouple_JED is one of those members who have created rather interesting games to keep the Community evolved. Their 'Tagmee Challenge' during Winter had many posting pictures and their current 'SoMee Feud' gets you guessing selective Trivia Master's choices when put in an interesting situation.

The Giveaway Rewards are extremely generous where you could earn upto 20K SME.

Check out CryptoCouple_JEDs content, upvote and join their creative fun

https://somee.social/CryptoCouple_JED

Thanks JED-eye for your contribution and efforts. They are highly appreciated

#SoMeeOfficial #SoMeeSocial #CryptoCoupleJED #CommunityRewards #SME #Giveaways #Appreciation

#PollUpdate
Majority of the Someeian believe that #ElectricSoftBlue will suits dr.ar the best. But is it the one he has chosen for himself??
#Topanswer will be announce tomorrow, its not too late to lock in your votes! https://somee.social/posts/689956. Click the link and join the #SoMeeFeudFever
We love reading the #comments section wherein people are trying to #justify their answers! The best thing is none of the choices are missed out! hmmm...Imagine dr.ar having all of those hair dye? We might as well use all them in one go and come out to this...What do you guys think??? Will it suits him better?

So many choices at the natural food store...<br />
<br />
I went with seabass, organic chicken and brown rice mmm<br/>[So many choices at the natural food store...
I went with seabass, organic chicken and bro](https://somee.social/posts/689820)

Your financial future is shaped by the decisions you make today. Make wise choices, stay disciplined, and watch your wealth soar like an eagle. #FinancialLiteracy #SmartInvesting #FutureMinded

(Thanks C-GPT)

(NOTE not all statements are necessarily my personal opinion & are just gathered on chat GPT.)

Q: how may be best to achieve maximum freedom in the world?

A: Achieving maximum freedom for all people in the world is a complex and multifaceted goal that would require addressing a wide range of social, economic, and political issues. Some strategies that might contribute to this goal include:

Promoting and protecting human rights: Ensuring that all people are able to enjoy their fundamental rights and freedoms, such as the right to life, liberty, and security of person, is essential for achieving maximum freedom. This may involve supporting organizations that advocate for human rights, promoting policies and practices that respect and protect these rights, and holding governments and other actors accountable for violations of human rights.
Strengthening democratic institutions: Establishing and maintaining democratic systems of government that are accountable, transparent, and responsive to the needs and concerns of the people can help to ensure that individuals have a say in the decisions that affect their lives and are able to freely express their opinions and ideas.
Reducing poverty and inequality: Economic inequality can limit people's freedom and opportunities, as those who are disadvantaged may not have the resources or power to fully participate in society. Reducing poverty and promoting economic equality can help to expand people's options and opportunities and increase their freedom.
Promoting education and access to information: Education and access to information are important for empowering individuals and enabling them to make informed choices and decisions. Providing people with the knowledge and skills they need to participate fully in society can help to increase their freedom.
Addressing discrimination and promoting inclusivity: Discrimination based on factors such as race, ethnicity, gender, sexual orientation, religion, and disability can limit people's freedom and opportunities. Working to eliminate discrimination and promote inclusivity can help to create a more equal and free society.

Q: would the use of blockchain technology be viable for that goal?

A: Blockchain technology has the potential to support the goal of achieving maximum freedom in a number of ways. Here are a few potential applications of blockchain that could contribute to this goal:

Decentralization: One of the key features of blockchain is its decentralized nature, which means that it is not controlled by any single individual or entity. This could enable people to have more control over their own lives and choices, as they would not be subject to the decisions of a central authority.
Increased transparency and accountability: Blockchain technology is based on a distributed ledger that is transparent and verifiable, which could help to increase accountability and reduce corruption in various sectors, such as government, finance, and supply chain management. This could help to increase trust and confidence in institutions, which could in turn support the goal of achieving maximum freedom.
Improved access to financial services: In many parts of the world, people lack access to basic financial services such as banking, credit, and insurance. Blockchain-based financial technologies such as stablecoins and decentralized finance (DeFi) could help to increase access to these services, particularly for those who are underserved by traditional financial institutions. This could help to increase people's economic freedom and opportunities.

Increased privacy and security: Blockchain technology can be used to secure and protect personal data, which could help to prevent abuses of power and protect people's privacy. This could be particularly important for individuals living in countries with weak privacy protections or where personal freedom is threatened.

It is important to note, however, that blockchain technology alone is not a panacea for achieving maximum freedom. It will be necessary to address a wide range of social, economic, and political issues in order to truly achieve this goal.

Work work work
#leather #reupholster #interiordesign #choices

LOOMING CHOICES!


My life is a winding path that is hard to understand, It's full of uncertainty and confusion that's hard to comprehend,

The choices I have to make, the things I must decide, Sometimes take me down roads that I don’t want to ride,

I can’t always see the right decision, I struggle to make it clear, Options that I can choose are often too hard to hear,

The paths I could take are so many, I can’t decide which one to pick, I want to make the right choice, but I’m stuck on a quick,

I’m overwhelmed by the choices, the options lay before me, It’s hard to decide which way to go when I can’t see,

The fog of indecision looms, and I begin to doubt, The path I have to take, and all the things I’m left without,

My heart and mind conflict and I can’t seem to win, I know that I must make a choice, but I just can’t begin,

The fear of making the wrong decision holds me back, I’m stuck in a pattern, and it's keeping me down like a sack.

Today is Pasta’s day. Wich pasta do you guys prefer???. Peperoni pizza and carbonara tagliatelli are our choices.

As we change the calendar to 2023, realise that every sunrise is a new chapter in your life waiting to be written. Today is the 1st day, 1st month and the 1st chapter of your 365 pages book called 'My Life in 2023'

Don't change yourself for anyone. Your look, clothes, accent and style are yours. If you want to wear makeup or prefer not to, let it be your choice. It's our natural self that we should be comfortable in and for others to accept. Else, it's they who need to change to better themselves for dictating who you should become. We are unique in our own skin, so pride in yourself and how God made you. Don't make their choices your resolution to change.

Roll on 2023. Godwilling the year of Self confidence, Courage, Gratitude, Prayer and Blessings (Ameen)

Image Source: Goodhousekeeping

#SoMeeOfficial #SoMeeSocial #NY23