Who is Metcalfe? and what is his METAcalfe's law? .... Does he LOOK like a Pareto principle?

in Say Anything3 years ago (edited)


image.pngblah blah blah while looking at this @geekgirl post I found the mystery of the brass rat / gold beaver and john metcalfe from @trostparadox and yada yada yada i remember this is one of our favorite things to discuss since the times of steemit!

https://hive.blog/hive-167922/@geekgirl/case-for-a-hundred-dollar-hive

Of all the popular ideas of the Internet boom, one of the most dangerously influential was Metcalfe's Law. Simply put, it says that the value of a communications network is proportional to the square of the number of its users.

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so the Brass Rat is a symbol from some old class of 1927 MIT
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and metacalfe's law is an old dot coom boomer coomer idea for how NETWORKS of users determines that shits VALUE maaaan

and its E X P O N E N T I A L !!!!!!!

so like the moooore people the more the MORe that babies value accelerates!

https://en.wikipedia.org/wiki/Metcalfe%27s_law

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We ALSO love the PARETO Principle

https://en.wikipedia.org/wiki/Pareto_principle

The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few").[1] Other names for this principle are the 80/20 rule, the law of the vital few, or the principle of factor sparsity.[2

so yeaaaah maaaaan

apply this to hive

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did steemit want to apply this to curation with 80 / 20 split between author vs curation or curation vs author?

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lots of old debates on these old steemit posst about metacalfe's law

lol i used to call it metacalfs law... its Metcalfe's law lol

so... i say we should implement another one of these old principle wisdoms ... from @mughat ... proof of profit ... hive engine should reward tokens that can prove a profit .... reward pools should reward profitable content and tokens with prices that go up.

metcalfe's law can also be applied to hive user's blog posts , we can find the most useful users and start giving them projects and form @hivedao proposals for more and more valuable project proposals

how else can you see pareto or metcalfe in hive? anyone got any fun examples?

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lets get down to brass rats