Learn to Code Tribe and BYTE token Whitepaper

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(Edited)

Imagine creating an electronic gadget that utilizes an Arduino microcontroller board and connects seamlessly to the Hive blockchain. Perhaps you have an idea for a captivating game that could leverage a token you've minted on Hive-Engine.

The possibilities are endless, but the key lies in knowing how to bring your imagination to life. That's why you need to learn to code..

Welcome to the Learn to Code Tribe

The primary goal of the Learn to Code tribe is to empower the vibrant community of Hive blockchain users and cultivate their skills in programming and blockchain development. Our mission is to foster an inclusive environment where both newcomers and seasoned developers can collaborate, learn, and contribute to projects on the Hive blockchain, as well as other open source endeavors.

Even expert programmers can always learn something new. We're all at different points in our coding journey. The Learn to Code tribe serves as a community to share what you're learning, ask questions, and discover what others are doing. Ideally, users will leverage their skills to enhance the Hive blockchain. Even if they don't focus solely on improving Hive, they can use their expertise to create and contribute to other open source projects or apply their programming skills in their work or hobbies.

Relevant Topics and Tags

Used for any Learn to Code tribe announcements, contests/hackathons, Hive project promotions, posts about the tribe and/or BYTE token, etc.

Can be used along with #hive-188262 tag. Tag for posts about our new Learn to Code tribe, questions about programming, tutorial posts, and topics relevant to the tribe's scope but not fitting neatly into other tag categories, such as historical posts about computers and pioneers in the field, or speculative topics like quantum computing.

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Image Source: Public Domain image

Used for posts concerning programming languages, tools like GitHub Copilot, etc.

#software is a pre-existing tag on Hive. If a post discusses a commercial software program, such as tax software, it is likely not tag abuse. However, if a post about software employs numerous other tribe tags like #palnet, #actifit, #hive-engine, etc., it may be an attempt to farm BYTE tokens undeservedly.

Used for posts about Arduino, Raspberry Pi, physical computing, digital and/or analog electronics, etc.

Similar to the #software caveat, the Learn to Code tribe doesn't have a monopoly on the #hardware tag. A legitimate post, such as a review of a graphics card, may not be intended to farm BYTE tokens. Consider other tags used in such posts and the user's posting history to discern whether it constitutes tag abuse.

For posts concerning blockchain development, particularly on Hive.

Excluded Tags

For now, the only excluded tag is #actifit.

BYTE Token Parameters

  • Both the staked and curation reward percentages are 50%.

  • The cashout window for a post to pay out is 8 days (23).

  • The number of days for both upvote and downvote power to regenerate from 0% to 100% is also 8 days (23).

  • 204 BYTE tokens will be minted every 128 Hive blocks (27).

Byte Token distribution

BYTE token will begin with an initial supply being minted and then set up to continue minting 204 new BYTE tokens every 128 Hive blocks (27) over a period of 255 years (28-1).

The initial supply of BYTE minted to begin is 22,824,796 BYTE.

Distrinuted as follows:

5 million BYTE to founder (@holovision.stem)
5 million BYTE to @learn2code account.
4 million BYTE split up and delegate between 4 tribe moderators (22).
1 million BYTE to be put on exchanges before launch
7,824,796 BYTE for Learn to Code tribe fund (future contest prizes, LP rewards, ect.

The rest of the BYTE will be scheduled to be minted over a 255 year period. This may shortened in the future if and when new features are added that require BYTE to be minted through Hive-engine smart contract.

This is the math for the planned minting over time:

4,294,967,296 (total max BYTE supply)-22,824,796 (beginning supply minted)=4,272,142,500 BYTE left to be minted.

There are 10,512,000 Hive blocks generated every year. Evey 128 blocks 204 new BYTE tokens are minted.

10,512,000 Hive blocks/128=82,125 times BYTE is minted each year.

82,125 BYTE mint events x 204 BYTE tokens = 16,753,500 BYTE tokens minted every year.

16,753,500 BYTE minted each year x 255 years = 4,272,142,500 BYTE tokens

Future Plans

There is no current tribe UI like Outpost or website domain. That could be added later if there is suffucient interest and activity in the tribe to justify it.

The first planned diesel pools for BYTE token are BYTE:STEM and BYTE:BEE.

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Image Source: Stable Diffusion



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9 comments
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Congratulations @learn2code! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 10 upvotes.
Your next target is to reach 50 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Happy Birthday to the Hive Blockchain
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Till this day I am yet to venture into web3 coding. Everything feels lost for me. 😅

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I think that you have some really deep dreams with blockchain!

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I see you have the 3000 BEE you need. 3000 BEE = $430 USD. I hope you have a positive return on the investment. Several of the existing tribes have a market value lower than the cost needed to create the tribe.

I unstaked some BEE and STEM for the BYTE launch. I will try stuffing it into the diesel pools.

I guess I will ask some questions:

Do you have an ICO price in mind? For example the CENT tribe had a target price of one US penny.

Do you have a preferred interface such as StemGeeks.net or will any of the HIVE interfaces do? I am partial to PeakD.

Waivio uses the term "object" instead of "community." They have a Learn2Code object.

Configuration Page

This is the configuration page for the STEM ScotBot. Will there be a configuration page for BYTE or just the white paper?

Tag Spam

Some people add a long list of keywords to every post. This results in #tagspam. Is this something that you are worried about? If so; is there anything that people participating in the tribe can do to reduce tag spam?

While I am not a big fan of downvote campaigns. I am happy to downvote people who abuse a community ... at the direction of the community curators.

I understand that STEM is protective of their community and tags. I've avoided writing code related posts in STEM as I am not sure it is content they desire.

Will STEM welcome posts from the Learn2Code tribe that use the #STEM or #TECHNOLOGY keywords?

There is no current tribe UI like Outpost or website domain.

Good. The cookie cutter tribes keep going down. The tribal domain name is an unnecessary point of failure. Even venerable domains like leofinance.io and leodex have had problems.

The rest of the BYTE will be scheduled to be minted over a 255 year period.

If the code I want to write works; then I will survive this figure by several fold!

!PIZZA

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(Edited)

Sorry, I can only answer a few questions now. I'll try to answer the rest later today.

Do you have an ICO price in mind?

Yes, but I don't want to call it an "initial coin offering". Some tokens need to be in circulation before setting up the reward pool to avoid the problem POB token had at launch.

As stated in a previous post the target price is 0.001 SWAP.HIVE.

1,000,000 BYTE tokens were just offered for sale a few minutes before I started replying to this at the initial price. It looks like you are already the earliest adopter of BYTE token.😁

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Do you have a preferred interface such as StemGeeks.net or will any of the HIVE interfaces do? I am partial to PeakD.

STEMGeeks and PeakD are good interfaces. BYTE token is set for 8 day payout, like VYB. So after the 7 day Hive payout if a post has a VYB tag along with a Learn to Code tag then vybrainium.com makes a good last day to vote interface. I should make a post about that.

Some people add a long list of keywords to every post.

That's the main reason why #actifit will be excluded as a tag. Actifit reports tend to be the source of most tag spam. More tags can be excluded later if they become problems.

Waivio uses the term "object" instead of "community." They have a Learn2Code object.

I didn't know that. Thanks for letting me know.👍

Will STEM welcome posts from the Learn2Code tribe that use the #STEM or #TECHNOLOGY keywords?

It should. I checked with themarkymark and he has no problem with pairing his STEM token with BYTE in a diesel pool. Not an endorsement from STEMGeeks of BYTE but tolerance and acceptance that BYTE will be used to reward our tribe's content. Of course, no tribe leader speaks for the consensus of all the token stakers who vote. Programming does involve science, technology, engineering, and math to at least some extent so there shouldn't be any issue with using both tribes' tags.

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Thanks for answering my long questions. I look forward to BYTE coming alive tomorrow.

It is better to come alive on Easter than April Fools.

!ALIVE

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@learn2code! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ yintercept. (1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Look's great, thanks you for bringing this educ project on Hive

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