Minds OffChain vs OnChain Tokens & Boosting by scottcbusiness

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dtube · @scottcbusiness · (edited)
$10.14
Minds OffChain vs OnChain Tokens & Boosting
<center><a href='https://d.tube/#!/v/scottcbusiness/o5btusez2id'><img src='https://snap1.d.tube/ipfs/QmV8P3thwT64tWchPuCFQoQCcuWr3PFX6zV36HzE2aGC7q'></a></center><hr>

Minds has OffChain and OnChain tokens. In this video, I explain the differences as well as cover their new boost system.

Simply put, the main difference between OnChain and OffChain tokens is their use of and integration with the blockchain. Because of this, it costs Ethereum gas fees to use OnChain tokens on the network. The flip side of this is you can sell them and hold them off the platform for more security and liquidity.

The new changes to the Minds boosting system are listed below:
OnChain:
- Boost up 10k views per boost
- Stored on the blockchain
- Stands out in the feed
- Gains an "OnChain" badge
- Small Ethereum gas fee
OffChain:
- Boost up to 5k views per boost
- Stored on the Minds servers
- No transaction fees

Let me know if this helped you in the comments below. Also, feel free to leave any questions about Minds or things you'd like to see covered!

https://youtu.be/rgnEmnCRC-M

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vote details (99)
@moneygram · 
Please make me true if i'm false. Like BAT, IOST & OMG are onchain tokens right? 
Give me few examples of off-chain tokens please?
This thing stuck in mind. Thank you
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@scottcbusiness · 
OffChain tokens are not on the blockchain because they are off chain meaning they are more like points that exist within Minds, similar to Uptrennd.
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@fernandosoder · 
I wish minds.com had better integration with Steem publishing. I don't mean make Minds another Steemit, but rather having the option of publishing the content of the post on Steem blockchain and show Steem likes/flags summed to Minds likes/dislikes when viewed from Minds.

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@scottcbusiness · 
Yeah I definitely agree there, that would be great to see
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@fernandosoder · 
Also, I would like also more integration with Steem blogging services and Minds embedded videos.
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@steem-plus ·
SteemPlus upvote
Hi, @scottcbusiness!

You just got a **25.38%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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@steem-ua · 
#### Hi @scottcbusiness!

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Your **UA** account score is currently 4.473 which ranks you at **#2190** across all Steem accounts.
Your rank has improved 8 places in the last three days (old rank 2198).

In our last Algorithmic Curation Round, consisting of 279 contributions, your post is ranked at **#139**.
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@krazzytrukker · 
What are your thoughts on the flagging/jury bs Minds went to??

 I deactivated (did not delete) as i feel it is a dogwhistle that will bring the SJW flag warriors on in numbers with their litte butthurt flag wars. 

WSY....?

![](https://d1vof77qrk4l5q.cloudfront.net/img/797dd06bf427a425dee158ea8d35cd73dd07ce16.jpg)

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@scottcbusiness · 
I think it's a great start to decentralization if done right. The jurors will be accounts not connected to either the reporter nor the offender. It will be interesting
👍  
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vote details (1)
@krazzytrukker · 
So if I put a shit ton of Tokens in Onchain, How do I put them back into the Minds Offchain...?
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