Let me introduce myself to the people who don't know me. I started my Hive (known as Steem then) journey in 2017. I had been heavily involved in the community before I decided to leave the chain in 2018, because I felt there was not future in this chain anymore. I started out with about 6000 Hive and since then I grew my stack in other blockchains which is more than most of the top 21 block producers who have powered up all their block earnings such as @themarkymark (currently he has 1,043,992 HIVE). I am not pointing this out to brag or neither to bash on Hive. But I write this out of my past love for this community. As I see many of my old buddies @starkerz, @anarcotech, @tarazkp, @fredrikaa, @howo and more, pouring their souls into this blockchain but don't get rewarded in monetary value. Also many of the witnesses I respected @blocktrades, @gtg , @roelandp , @therealwolf and more don't get money for their efforts, same for big investors like @theycallmedan. I already wrote 2 sort blog post about why I think Hive is failing. Due to a recent post by @spknetwork.chat, in which he showed the [tweet ](https://twitter.com/hiro_hive/status/1445970417097846787?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1446103585125711873%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fhive.blog%2Fhive-181335%2F%40spknetwork.chat%2Fezenhszm)by Dan that he knows the inner failings of Hive better than anyone. As somebody who has been in this community and also outside the community I think I can bring some valuable insights to why Hive is failing (or more so is doomed to fail). I will try to write as much about this in 1 post, started writing 2 short posts about this, but after seeing the @spknetwork.chat, I think it's a good opportunity to write more about this subject at once. There is a lot to be said about the failing of Hive, so I will try to keep this post as general and fundamental as possible. And later on will dive into more details. And frankly I don't want to spend too much time on this chain, but I feel that I have to write something about this, because it's sad to see the lives that are being destroyed by this social experiment of Dan Larimer. # So what is wrong with Hive? I will discuss the problem on two levels, the blockchain level and Hive as a blogging platform. I know Hive is working to become an application platform, I don't mention the application platform because it's all tied to the blockchain level. # The Hive Blockchain Oh the blockchain with big promises of scalability and zero transaction fees, all under a Delegated proof of stake (DPOS) consensus. Most of you probable know already with DPOS is, but I will try to explain it in my words, as this is where all the problem starts. Consensus is crucial for a blockchain to exist. The most popular consensus models are proof of work (bitcoin) and proof of stake (soon: ethereum). Without going through what their differences is (you can look this up) the underlying idea is that each blockchain needs validators. The consensus model determine which validators gets paid and how much they are paid. In bitcoin these are the miners, in ethereum these are the validators and in Hive these are primarily the top 21 block producers, aka witnesses. ### The problem The problem is that Hive is inflationary because of DPOS, which is not economical sustainable while bitcoin has a very very low inflation and ethereum is low inflationary and might even become deflationary. Why high inflation is not desirable? Simply, as you don't want to hold dollars because they have high inflation, you don't want to hold Hive or any coin that has high inflation. While Hive's inflation is much less than the dollar it's still much higher in comparison to bitcoin and ethereum. Why is this? This is because there are no transaction fees. In bitcoin and ethereum miners and validators are paid with block rewards and also network fees, but on Hive you don't have fees so they have to be paid with block rewards. So from a money perspective bitcoin and ethereum are much more desired to be held, even if Hive's inflation will be like 2% in the future. On a side note, the low inflation of Hive could be a huge problem if the Hive token is at a low price because the witnesses will receive less money to pay for their equipment to secure the chain. Even though Hive has no fees, it actually isn't free to make a transaction on Hive, in fact it's not free at all, because people NEED to have hive powered up. This mechanism however, is good for the witness rewards, because it adds buying pressure on the Hive token. However, only when this buying pressure is present then everything is oke, as we saw in the bull runs, but when this pressure is gone, Hive is in huge trouble. Because if witnesses are not paid enough they can't secure the blockchain well enough. In this sense DPOS works kinda like a ponzi, everything is well if people buy hive, but once it drops it only snowballs for the worse. And the fact that nobody really wants to buy Hive (more of this in the next part) makes hive ECONOMICAL broken, thus unsustainable. And there are more problems to DPOS such as decentralization but this can be for another blog post. To end this part, why the hive wont work as an application platform, because it wont be sustainable for applications to use the hive blockchain because to use the platform they have to buy hive, and that token is just not sustainable. It would be economical suicide for any serious application builders to start building on the Hive applications layer. # Hive as a blogging platform Why hive has failed on being a blogging platform, which was its initial value proposition to bring buying pressure to the hive token. In my opinion a good decentralized blogging platform needs the following things: - censorship resistance - friendly user journey (signup, UI, wallet setup etc.) - decentralized honest upvotes (not community curation) ### Censorship resistance In my opinion Hive has failed on this promise to be censorship resistant. Which already apparent from the Justin Sun period, but aside from that in my opinion Hive was never able to really guarantee it would be censorship free. Because for a chain to be censorship resistance it has to be decentralized and Hive with its 21 block producers and maybe another 50-100 standby producers is not decentralized at all. And I know many of you have opinions on this, but take it from me 21 active block producers for + 1 million transactions is not decentralized. ### Friendly user journey On this point I can be short, I think you all have a feeling this is not user friendly at all. The signup, the key management, learning how to include images and other links into the posts, not user friendly. After coming back in 4 years I am surprised not much has been done to improve on this. I tried to embed a Twitter link for example by just copy pasting the link, but it didn't work. While on other social platforms this a given now. ### Decentralized honest upvotes (not community curation) This last point is most dear to my heart. The time I was on hive I was a curator for @ocd (created by @acidyo) and @curie. At the time it felt I was doing important work to help new authors to be discovered. I even created @promo-mentors to help new bloggers. But now I see all the curation communities are an effort to combat the symptoms of the problem instead of the core. Which is very sad because many endeavors from curators such as @m31 and @livinguktaiwan, and curation guild builders such as @pharasim spend countless hours on curation. The problem with curation guilds is that curation becomes centralized, ironically on a platform that is supposed to be decentralized. Youtube and TikTok is more decentralized when it comes to content discovery than Hive. When content discovery is truly decentralized then content that is valuable really comes to surface and then there is true engagement. As we see on the main page of hive and even in the top subcommunity posts, there is most of the time 0 engagement. And this is logical, because there are only a curation guilds who determine what is good content or not. The average consumer doesn't have a say. Curation guilds practically have become the rule setters of what is "good content", I would even dare to compare it to communist countries who chooses what news people are allowed to see. # In conclusion Hive is failing on two crucial level, the blockchain level and its initial killer app, the blogging platform. Because Hive is failing on the blockchain level, application makers are not incentivized to work on the application layer of hive. And hive is already behind many smart contracts platforms such as ethereum both in community and brainpower. Hive was always meant to fail. The recent bull market run and the comment from Dan might've been awake up call for many. I know I might have used extreme examples in this post, and my purpose is not offend anybody. I am writing this out of love for the Hive community I once had, and still embody. I hope to give people the outside perspective that they need. EDIT @forthefree19 asked me what I think could be a possible solution for Hive. I don't have a concrete answer, as this is very complex, but the direction I think hive could go is to join ethereum as a layer 2 and figure out how to become a good decentralized blog. Because as an application layer, hive is falling far behind. By doing this, Hive benefits from the decentralization and security of Ethereum while retaining its transaction speed. Much love, Futurethinker β β β
author | futurethinker |
---|---|
permlink | why-hive-is-failing |
category | hive-167922 |
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created | 2021-10-28 06:34:42 |
last_update | 2021-10-28 10:03:21 |
depth | 0 |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
tombstone | 0 | 159,954,214,642 | 7.5% | ||
onealfa | 0 | 0 | 0% | ||
justtryme90 | 0 | 69,874,259,298 | 50% | ||
kennyskitchen | 0 | 60,793,002,143 | 100% | ||
kaylinart | 0 | 210,355,086,716 | 50% | ||
joshglen | 0 | 6,053,796,930 | 50% | ||
psygambler | 0 | 7,622,430,561 | 50% | ||
djennyfloro | 0 | 1,336,549,933 | 10% | ||
randomblock1 | 0 | 7,514,073,785 | 100% | ||
sc-steemit | 0 | 4,229,350,461 | 50% | ||
frankbacon | 0 | 325,679,209,458 | 100% | ||
oldtimer | 0 | 39,208,729,939 | 100% | ||
themonetaryfew | 0 | 375,319,077,210 | 100% | ||
titusfrost | 0 | 41,283,455,054 | 100% | ||
networkallstar | 0 | 45,725,053,713 | 100% | ||
gamer00 | 0 | 44,313,560,935 | 5% | ||
jaki01 | 0 | 1,904,937,913,463 | 100% | ||
eroche | 0 | 163,301,835,021 | 100% | ||
kobold-djawa | 0 | 84,129,983,832 | 100% | ||
ambyr00 | 0 | 1,070,796,141 | 0.75% | ||
yuslindwi | 0 | 1,442,094,630 | 50% | ||
dickturpin | 0 | 46,829,290,747 | 100% | ||
smasssh | 0 | 1,914,244,976,395 | 50% | ||
roomservice | 0 | 12,952,526,244 | 18.75% | ||
vaibhavshah | 0 | 1,095,520,753 | 50% | ||
wishmaiden | 0 | 1,954,377,946 | 50% | ||
zerotoone | 0 | 20,657,922,063 | 50% | ||
diginaut | 0 | 853,759,242 | 50% | ||
tracer-paulo | 0 | 23,228,087,256 | 100% | ||
gingerninja | 0 | 1,886,038,520 | 10% | ||
saintopic | 0 | 665,600,176 | 50% | ||
techken | 0 | 34,791,166,189 | 50% | ||
duckmast3r | 0 | 2,578,103,305 | 5% | ||
nathanmars | 0 | 7,573,604,928,561 | 100% | ||
krazypoet | 0 | 461,788,064 | 1% | ||
endracsho | 0 | 4,705,842,124 | 100% | ||
jonyoudyer | 0 | 4,699,788,782 | 10% | ||
shello | 0 | 2,432,148,247 | 50% | ||
a-alice | 0 | 16,795,558,692 | 50% | ||
therealwolf | 0 | 491,791,684,682 | 25% | ||
fatman | 0 | 8,028,202,002 | 2% | ||
suheri | 0 | 747,866,182 | 50% | ||
osigbhemeh | 0 | 880,425,307 | 50% | ||
investegg | 0 | 64,630,273,101 | 1.4% | ||
liverpool-fan | 0 | 673,503,519 | 15% | ||
red-rose | 0 | 40,345,404,864 | 99% | ||
bluntsmasha | 0 | 1,877,749,316 | 15% | ||
paulmoon410 | 0 | 511,926,731 | 100% | ||
smartsteem | 0 | 1,170,720,098,297 | 25% | ||
fredkese | 0 | 27,761,304,279 | 100% | ||
smitop | 0 | 6,986,220,259 | 100% | ||
evecab | 0 | 3,589,224,123 | 100% | ||
danile666 | 0 | 9,375,326,707 | 95% | ||
hhiep | 0 | 806,031,690 | 5.5% | ||
sneakyninja | 0 | 1,189,034,882 | 1.99% | ||
eaglespirit | 0 | 9,596,982,795 | 5% | ||
abmakko | 0 | 1,164,950,232 | 25% | ||
sagescrub | 0 | 2,876,381,677 | 50% | ||
dedicatedguy | 0 | 27,617,981,867 | 100% | ||
anfood | 0 | 10,046,431,845 | 50% | ||
mitxuxi | 0 | 921,096,989 | 50% | ||
dynamicgreentk | 0 | 25,777,202,212 | 100% | ||
bengy | 0 | 3,724,752,789 | 5% | ||
thehoneys | 0 | 7,096,761,995 | 25% | ||
mmasim | 0 | 579,379,832 | 50% | ||
khusairi | 0 | 1,705,890,406 | 50% | ||
icuz | 0 | 28,276,036,340 | 100% | ||
srikandi | 0 | 3,461,201,623 | 100% | ||
yadah04 | 0 | 7,242,584,018 | 50% | ||
lemony-cricket | 0 | 227,798,562,179 | 50% | ||
operahoser | 0 | 75,548,007,324 | 50% | ||
mastergerund | 0 | 1,207,175,975 | 3.99% | ||
guri-gure | 0 | 556,188,993 | 5% | ||
ryl | 0 | 862,503,704 | 100% | ||
kennykajo | 0 | 934,033,076 | 50% | ||
allyson19 | 0 | 1,732,769,737 | 10% | ||
vegan.niinja | 0 | 7,636,635,285 | 50% | ||
lakawero | 0 | 901,415,595 | 50% | ||
tamala | 0 | 4,381,437,294 | 20% | ||
cryptictruth | 0 | 219,155,011,544 | 50% | ||
sebastiaaan | 0 | 643,924,422 | 75% | ||
oadissin | 0 | 27,652,477,779 | 50% | ||
j85063 | 0 | 143,171,283,602 | 25% | ||
evlachsblog | 0 | 1,412,636,141 | 5% | ||
shaheerbari | 0 | 1,869,346,066 | 10% | ||
scottshots | 0 | 3,650,352,264 | 5% | ||
promo-steemrural | 0 | 565,081,502 | 50% | ||
nikema | 0 | 1,630,156,691 | 50% | ||
razzor | 0 | 625,707,471 | 50% | ||
sbi2 | 0 | 436,647,031,781 | 13.94% | ||
harktheshark | 0 | 937,094,301 | 100% | ||
sustainablelivin | 0 | 5,514,047,042 | 50% | ||
gogreenbuddy | 0 | 543,578,990,162 | 100% | ||
kgakakillerg | 0 | 24,168,348,787 | 10% | ||
solomonsel | 0 | 799,106,038 | 50% | ||
divard | 0 | 1,160,096,765 | 25% | ||
a1-shroom-spores | 0 | 16,053,173,190 | 50% | ||
margarita-de | 0 | 598,326,885 | 50% | ||
lemcriq | 0 | 627,862,678 | 50% | ||
ikarus56 | 0 | 1,616,367,227 | 8% | ||
abidemiademok21 | 0 | 1,683,470,382 | 50% | ||
jasuly | 0 | 406,397,469 | 100% | ||
tessaragabrielle | 0 | 1,637,396,627 | 50% | ||
akdx | 0 | 45,070,295,152 | 50% | ||
arisviyo | 0 | 1,383,813,765 | 50% | ||
rachelleignacio | 0 | 1,774,087,131 | 50% | ||
mayorblaze | 0 | 717,194,600 | 50% | ||
gregorypatrick | 0 | 1,560,879,051 | 95% | ||
sgbonus | 0 | 19,013,147,675 | 10% | ||
numasi | 0 | 3,633,272,132 | 50% | ||
cnandofer | 0 | 2,556,178,046 | 100% | ||
shawnsporter | 0 | 3,683,845,097 | 25% | ||
ihal0001 | 0 | 1,041,975,964 | 50% | ||
dynamicsteemians | 0 | 2,758,397,542,407 | 100% | ||
puregrace | 0 | 3,658,990,948 | 75% | ||
steemian258 | 0 | 5,731,741,029 | 50% | ||
thedailysneak | 0 | 1,609,181,610 | 1.99% | ||
steinz | 0 | 1,089,533,853 | 50% | ||
mastersa | 0 | 3,077,835,827 | 60% | ||
kayegrasya | 0 | 518,952,577 | 50% | ||
that.bass.guy | 0 | 773,669,227 | 50% | ||
alexander-bobs | 0 | 552,090,159 | 100% | ||
devolebnoj | 0 | 1,342,580,037 | 50% | ||
adewararilwan | 0 | 2,991,486,513 | 50% | ||
smartvote | 0 | 126,318,652,876 | 6% | ||
honeycup-waters | 0 | 8,625,304,686 | 50% | ||
quatro | 0 | 649,330,251 | 10% | ||
faady92 | 0 | 1,169,763,303 | 75% | ||
frot | 0 | 75,354,644,962 | 50% | ||
praditya | 0 | 1,490,179,846 | 30% | ||
babysavage | 0 | 601,680,240 | 3.99% | ||
jigsindian | 0 | 2,134,061,468 | 50% | ||
the.success.club | 0 | 39,640,615,253 | 50% | ||
ravenking13 | 0 | 5,236,679,606 | 20% | ||
starlord6414 | 0 | 656,955,502 | 100% | ||
milky-concrete | 0 | 60,248,680,629 | 50% | ||
kristall97 | 0 | 179,305,109,994 | 50% | ||
sbi-booster | 0 | 74,090,108,654 | 100% | ||
jtm.support | 0 | 3,798,677,638 | 50% | ||
active-truth | 0 | 10,287,043,762 | 100% | ||
eternalsuccess | 0 | 93,795,339,967 | 100% | ||
cooperfelix | 0 | 2,696,949,079 | 40% | ||
ava77 | 0 | 619,484,048 | 15% | ||
lolasophiedanton | 0 | 2,879,342,085 | 100% | ||
jackramsey | 0 | 17,927,326,213 | 85% | ||
filosof103 | 0 | 26,044,501,752 | 50% | ||
epicdice | 0 | 8,143,261,244 | 7.5% | ||
zackarie | 0 | 1,117,152,815 | 50% | ||
yanezdegomera | 0 | 1,250,627,455 | 50% | ||
iamangierose | 0 | 528,662,857 | 50% | ||
scholaris | 0 | 91,120,300,765 | 100% | ||
abdulmatin69 | 0 | 517,831,704 | 50% | ||
tinyhousecryptos | 0 | 510,024,926 | 5% | ||
digitalmack | 0 | 1,348,171,886 | 50% | ||
jalentakesphotos | 0 | 412,872,326 | 10% | ||
shookt | 0 | 4,492,347,202 | 50% | ||
psyo | 0 | 5,512,321,507 | 50% | ||
kgswallet | 0 | 550,601,060 | 20% | ||
havtorn | 0 | 10,974,710,546 | 100% | ||
mindtrap-leo | 0 | 2,360,743,992 | 100% | ||
fredkese.pal | 0 | 555,116,125 | 100% | ||
sbi-tokens | 0 | 1,670,409,558 | 3.99% | ||
joshuafootball | 0 | 630,572,712 | 50% | ||
kaeves4711 | 0 | 1,567,338,030 | 25% | ||
coinlogic.online | 0 | 16,107,229,235 | 50% | ||
bilpcoin.pay | 0 | 515,100,659 | 10% | ||
mowemu | 0 | 4,821,996,010 | 50% | ||
cloudedmercy | 0 | 510,350,243 | 100% | ||
toni.curation | 0 | 16,666,086 | 1% | ||
tariqul.bibm | 0 | 789,661,147 | 100% | ||
nightmare-king | 0 | 585,236,060 | 50% | ||
groove-logic | 0 | 3,993,171,664 | 50% | ||
hiveonboard | 0 | 68,160,205,875 | 18.75% | ||
ninnu | 0 | 12,192,473,031 | 2.5% | ||
kiemis | 0 | 1,358,582,168 | 2.5% | ||
jsalvage | 0 | 4,133,207,479 | 50% | ||
plusvault | 0 | 2,079,368,834 | 100% | ||
patriciaurbaneja | 0 | 1,015,628,298 | 50% | ||
gohive | 0 | 73,524,621,990 | 100% | ||
sevenoh-fiveoh | 0 | 7,514,291,896 | 50% | ||
noelgamingtv | 0 | 516,219,341 | 50% | ||
dragokazo | 0 | 2,767,402,742 | 50% | ||
briight | 0 | 604,647,852 | 50% | ||
elricmoonslayer | 0 | 1,731,161,114 | 50% | ||
yayogerardo | 0 | 2,598,566,776 | 100% | ||
mariblue | 0 | 21,297,817,948 | 100% | ||
kimavalon | 0 | 856,179,105 | 50% | ||
botvotes | 0 | 513,717,123 | 100% | ||
ausbit.dev | 0 | 4,346,878,256 | 25% | ||
bananass | 0 | 46,608,374,014 | 100% | ||
vaipraonde | 0 | 1,770,619,819 | 51% | ||
star.leo | 0 | 3,055,530,580 | 100% | ||
kooza | 0 | 2,899,348,279 | 50% | ||
nyxlabs | 0 | 1,194,345,154 | 5% | ||
robvector | 0 | 77,994,234,957 | 50% | ||
dwarflordnoj | 0 | 34,110,156,128 | 50% | ||
maxelitereturned | 0 | 2,197,905,602 | 50% | ||
wakaneitor | 0 | 2,336,182,487 | 100% | ||
counterterrorism | 0 | 3,457,505,036 | 50% | ||
itsme86 | 0 | 720,426,368 | 50% | ||
nabu.doconosor2 | 0 | 1,247,308,715 | 50% | ||
magooz | 0 | 1,590,486,537 | 50% | ||
fabianar25 | 0 | 643,530,704 | 50% | ||
andriko | 0 | 562,827,980 | 100% | ||
fabiarte | 0 | 680,442,777 | 100% | ||
rejicoronado | 0 | 878,238,623 | 100% | ||
abuelacosturas | 0 | 530,225,433 | 100% | ||
comet.ranker | 0 | 723,984,501,010 | 100% | ||
johadejesus03 | 0 | 521,742,257 | 100% | ||
dynamichivers | 0 | 263,713,294,908 | 100% | ||
agreste | 0 | 4,673,344,977 | 100% | ||
williamtboy | 0 | 516,434,749 | 19% | ||
abogcoronado | 0 | 1,257,860,923 | 100% | ||
donkapone | 0 | 765,659,288 | 50% | ||
supremewitch | 0 | 392,276,723 | 100% | ||
shadowalker21 | 0 | 509,178,863 | 50% | ||
kayntan | 0 | 3,358,272,374 | 50% |
# written by a out-of-touch person ## who is clueless about hive
author | azircon |
---|---|
permlink | re-futurethinker-r1osqu |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-28 12:16:06 |
last_update | 2021-10-28 12:16:06 |
depth | 1 |
children | 1 |
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cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.282 HBD |
curator_payout_value | 0.279 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 65 |
author_reputation | 781,319,117,088,915 |
root_title | "Why Hive Is Failing." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 107,346,532 |
net_rshares | 492,387,037,121 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
anthonyadavisii | 0 | 228,284,801,548 | 40% | ||
steemflagrewards | 0 | 121,334,818,452 | 32% | ||
erikah | 0 | 126,222,146,906 | 9% | ||
smartmeme | 0 | 12,953,024,119 | 36% | ||
admiralbot | 0 | 3,548,628,328 | 61% | ||
sfr-treasury | 0 | 43,617,768 | 53% |
# Hive is trash βDan Larimer
author | introvertspeaks |
---|---|
permlink | re-azircon-r1skid |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-30 13:08:42 |
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<p>I miss you. π₯Ί </p> <p>I like Hive, but to be honest, it's <em>Bloody hard work.</em> It's OK if you're a school kid or out of work; you're able to devote the levels of commitment it requires to not only build but keep those votes rolling in. </p> <h3>The Promised Land</h3> <p>Hive, certainly to me, was billed as a complete change from the supposed bad old days of STEEM. Witnesses would be replaced in certain instances, no more "Get rich quick schemes", and many of the support groups who pooled their votes done away with. Little did I know that there would be four or five groups who, in some cases, are little more than <em>Freikorp</em> roaming the Blockchain actively looking for people to rough up for, in some cases, the most pathetic excuses I've ever seen.</p> <p><b>Jester:</b> "What was your crime?"<br><b>Spudbecker:</b> "Whistling on a Tuesday."<br><b>Jester:</b> "You bastard!"</p> <p>Coming from the FOSS community as I do <em>Freedom</em> means a lot to me, so the promise of a free, open-source platform that is decentralised and no censorship was pretty attractive to me. Little did I know how much lip service is paid to those values. For example, I've had the debate about censorship and apparently, hiding posts is not censorship because you can find them if you look or use A-another Dapp. Sounds like censorship to me. Isn't that what happens in wartime? They block foreign radio and news outlets?</p> <h3>Nobodody tells you what the rules are when you sign up!</h3> <p>I'm not sure Hive is all that welcoming tbh. True, everyone encourages folk to join, but it's kinda "Lambs to the slaughter" and "Chucked in at the deep end" all rolled into one. There's no list of Do's, and Dont's nobody tells you that EVERY image you use that's not yours requires a source link or that voting for your mother, brother, aunt, and cousins will be classed as "Vote Farming", so best not to encourage your family to join and then just to add insult to injury lodging an appeal is like wading through a French Foreign Legion assault course. I've told HiveWatchers a couple of times that their site <a href="https://hivewatchers.com/">https://hivewatchers.com/</a> is not fit for purpose. Its only function appears to be for reporting people! No advice on what is the accepted format of a post. There is no list of transgressions you could fall foul of and certainly, most importantly, the steps one needs to appeal their case. Scarily, other groups don't even have anywhere that you can go to ask, "Why?"</p> <h3>What are you?</h3> <p>When I was on STEEM, it was a blogging platform. Sure some folk posted the odd Youtube video, and yes, there was a tonne of memes. Still, ultimately it was a blogging platform where you were rewarded for <b>Good Content</b> Hive apparently is a <b>Media Platform</b> whereby people can create a video on 3speak (Where they get rewards) and post that to Hive with little or no text and get rewarded again! (What happened to the double-dipping I see people get flailed for on blog posts?) Good Content? Who decides what's Good Content because it's not the amount of votes/rewards it gets, especially when there's a <em>Leveling of rewards</em> activity going on.</p> <p><b>Rant Over</b></p> <p>Come back and post again. I miss some of the old gang.</p>
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So many great points here I am going to add on but first: I agree with you that is not what it promises to be. The reality is that Hive is a dystopia with communistic flairs instead of a decentralized land with no censorship. To be honest, when I was writing the post, the comparisons with communism just came through my mind as I was visualizing what I actually was writing down. Those extreme examples I gave (which have offended a few) never crossed my mind before I wrote my post and saw Hive in a different light. >Little did I know how much lip service is paid to those values. It's very understandable that everybody at the start thought hive was this decentralized and no censorship land, all was still new. We were innovating. But all dystopia starts out looking like utopias or with utopian ideas. Living long enough in a dystopia some citizens will see for what it is and some not. > For example, I've had the debate about censorship and apparently, hiding posts is not censorship because you can find them if you look or use A-another Dapp. Sounds like censorship to me. Isn't that what happens in wartime? They block foreign radio and news outlets? Exactly, it is censorship. When we look at the blockchain level, there are so many risks for the blockchain to be censored, there are only 21 witnesses, yes "voted" by the people. But many of the % of people are truly voting? And how long are these witnesses in power? In the 4.5 years I have been away the witness list seems to be unchanged, maybe 1 or 2. Power is centralized in a small group. Worse is this small group can implement <b>protocol</b> altering changes with like only 3/4 of them. >There's no list of Do's, and Dont's nobody tells you that EVERY image you use that's not yours requires a source link or that voting for your mother, brother, aunt, and cousins will be classed as "Vote Farming", so best not to encourage your family to join and then just to add insult to injury lodging an appeal is like wading through a French Foreign Legion assault course. This is the worst of the Hive blockchain. Outside Hive blockchains have implemented "Can't do Evil" in their base design. In Hive we rely on social factors who say to you: "Don't do Evil". If a family members can vote on each other they will do so. Ethical or not, the design of Hive allows them to do so. We have to trust people to not do evil, and we all know we can't trust people. The most ethical thing for blockchains is to make the design in such a way that people can't do evil. There will also be bad actors that who fuck everyone over. People in Hive shout: "Community, community, community!!!". "We trust in our community! We have the best community! The power of hive is the community!" or something along those lines. This was a (community) marketing or I dare to even say propaganda, which have misled people to actually think about how to truly create a decentralized environment without censorship. And the answer is: it's a combination of both community and code (to create the right incentives). And most of the people are blind to the latter. There are a lot of smart people that understand this, but they either have been cast away for putting this subject into light, and thus moved to other blockchains where they are heard. Or they simply don't care to contribute because there is no environment nor incentives in place for them. Hive has had a massive brain drain. >Who decides what's Good Content because it's not the amount of votes/rewards it gets, especially when there's a Leveling of rewards activity going on. Very good point. It was a social experiment to see if good content could be discovered this way. Clearly the experiment failed. Now Hive is trying to become an applications platform, and they are trying to build this upon a blockchain which was designed for blogging. And even worse their more successful DPOS chain brother, as you all might know EOS, have failed to be an enterprise applications platform. And there are up to date no successful DPOS applications blockchains in the top 20 market cap. And Hivers think they can make it work. Tall ask if you ask me.
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<h4>If a 'thing' cannot withstand scrutiny or criticism, it doesn't deserve to survive.</h4> <blockquote>Those extreme examples I gave (which have offended a few) never crossed my mind before I wrote my post and saw Hive in a different light.</blockquote> <p>They say that the best form of defence is <em><b>ATTACK!</b></em> this is why when we highlight failings, inconsistencies or bad practices, those who deep down know we are on the right track will immediately call us TROLLS, FULL OF VENOM, TEARING IT DOWN or in desperation DISLOYAL and just pretending to be part of the community. I never take any notice of anyone who is not willing to debate a topic in a calm, considered matter, and if it ends with both parties still entrenched in their own views and opinions, that's fine by me because at least we explored each others reasoning and beliefs. If it descends into swearing and name-calling, they lose the argument right there!</p> <h4>Quis custodiet ipsos custodes?</h4> <blockquote>Power is centralized in a small group.</blockquote> <p>WITNESSES DO A GOOD AND VITAL JOB! (better get that out the way before I say any more. π€¦ββοΈ)<br>I've never seen a Code of Conduct for witnesses, is there such a beast? See, for me, Witnesses should be setting the benchmark for us all in terms of behaviour to one another and yet I've seen a couple of them do things which I think is outrageous for a member, let alone a witness.</p> <p>I've voted for a few, but I don't really know them. It just seemed like the thing to do, which is how I suspect a good 90% of the voter's vote. When a Hard Fork is announced, there is a proposal, but does everyone have a say? I doubt it? It seems to me most if not all proposals go through on a nod and a wink.</p> <h4>Circle of Trust</h4> <blockquote>People in Hive shout: "Community, community, community!!!". "We trust in our community!</blockquote> <p>This has got to be the only 'Community' that I've been a member of, whereby I'm told it is freedom-loving and I "Cannot be silenced." and then I see groups using their power and influence to do that very thing. I'm truly petrified with every post I make that I may have fallen foul of some unwritten rule. For example, on Thursday, I failed to decline rewards on what some would call "Low-Quality Content." and with the amount of Bounty Hunters stalking the Blockchain (Did you know people can be rewarded for reporting wrongdoers?) I started to worry that I might be downvoted. Will I end up on some groups Blacklist? I've seen people blacklisted simply for buying Hive off another member. It's my Hive. I should be able to do what I like with it! So what we actually have is groups of people enforcing their concept of freedom and their vision of how Hive should evolve rather than a membership-led journey.</p> <p>The moment someone says: "We need a Moderator", you need to say to yourself: "There goes my freedom!" π€£</p> <p>I think there is a place for the likes of HiveWatchers. They do an excellent job of playing Whack-A-Mole with some of the low-lives that try to fleece Hive, but sometimes there is the odd case that makes want to scream, "THAT'S NOT RIGHT!" π±</p> <h4>Personally, I think Hive is Schizophrenic.</h4> <blockquote>Now Hive is trying to become an applications platform, and they are trying to build this upon a blockchain which was designed for blogging.</blockquote> <p><b>THANK YOU!</b> I keep saying this over and over again "I thought this was a blogging platform?" isn't it why it was billed as rewarding "Good Quality Content"? It seems to me that in desperation to gain more members and make Hive attractive, the likes of Splinterlands and Vlogging was ushered in, much to the consternation of bloggers such as you and me. And it's got feck all to do with "You just don't like change." and everything to do with concept.</p>
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>Come back and post again. I miss some of the old gang. Same brother! Hive will always be something special to me. I intend to keep posting, but not as much as this post haha. My intend to share everything I have learned, and to engage with people who enjoy to nerd out about decentralization and awesome blockchain designs. People like you who are both open to the good and the bad in this ecosystem. Thanks for commenting on my post, appreciate you brother!
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I always have and always will enjoy conversations with you. !LUV
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You are 100% right. Most people do not remember all the work you did with promo-mentors and the lack of support you got for that. You had amazing people/teachers. I loved the Video production classes with Kay. Hive is a plutocracy that is not fully capitalizing on the potential it has with the disorganization and lack of incentives for users to power up. In fact that is the battle cry... Use Hive and cash it out. More needs to be done to further support blockchain gaming, creating liquidity pools for Hive staking, cross chain assest management(chainlink) as well as walling off the first layer of Hive to allow for organic community development on the second layer and not 1st layer political rewards pool handouts that just devalue our currency.
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Haha those were the days. And I remember you old friend, you hang out in Kay's amazing video tutorials. Promo-mentors was fun. And as a project creator I tried to make promo-mentors sustainable. And there was frankly not a real good way. Putting aside whether promo-mentors was a good "product" or not. The only Hive official way was to earn through posts or create an own platform. So as a project team, I thought oke these two ways sounds legit which paths are we going to try? Creating a whole platform like 3speak? This is way too expensive and time consuming, we would need to hire a dev and also hope he has hive blockchain knowledge. Oke, then earn through blog posts. But oh shit, then we run into the two main unsustainability problems I formulated in my post. Our rewards would be in hive tokens. 1. NOBODY wants to hold hive long term, because of high inflation and low buyer pressure for multiple other reasons (I am sure 1000+ of blog posts have been written about the other reasons). 2. Nobody realistically wants to read our blog posts because we are not a blogging project and if we were nobody would read our blogs anyways, because incentive to read blog posts = broken. To get funds we would need to have support from big whale accounts = centralization of power (you call it plutocracy, which I love btw). And I can write another page about why going for the platform way leads to even more disappointments (while on other blockchains its much much easier, I know because I am doing projects there). And I bet this hasn't become easier in the "new hive". Good to hear from you again man, and thanks for letting me know how promo-mentors impacted you. I really appreciate that. I hope everything besides Hive, everything has been well!
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Yeah man, Promo was amazing and at the time and I was surprised it never gained traction like it should had at the time. But I think we were all under some kind of spell put forth by Ned and his Steem Cleaning team. Steem had a lot of potential that it seemed to have never got back after all the flag wars, in group fighting, attacks against bid bots (despite them driving our investments up in price) and the general mentality that pandering to whales was the only way to make money after bid bots were nuked. I really did fall into the Steem/Hive will be a medium like platform trap that could be picked up by Goggle ad sense... boy was I wrong to listen to the Cleaners. Unfortunately, it seems with the lack of support whales gave to initiatives like yours, the relentless downvotes and the lack of direction for social media hive or rather the emphasis to solely focus Hive as a Social media platform is holding it back. I think there is a lot of really good things in store for Hive. It is just A LOT of really good people got discouraged here on Hive and Steem and are just tweeting or just playing blockchain games. I think things will change and perhaps @threespeak is a great option to kick start promo again! Front end development and tokenomics is a really good thing to explore if you have that energy and @threespeak would be a great place to start to look for support! I personally am over Hive as a social media. I have recently been threatened violence, had Hive Watchers watch and laugh while saying I need to stop upvoting comments while the police circle my property with helicopters and police vehicles... Not to mention the relentless flags by top whales and the silence by their whale friends on anti authoritarian content. The upbit circle jerk action is so old at this point especially with south korea imposing restrictions there. I am personally doing so much better. Ivermectin cured/ fixed 99% of my health issues that I have had since I left Steem in 2019 due to health issues. It fixed what neurologists, neuro psychologists and years of detoxing couldnt. So much happier with less posting and more Splinterlands investing. Hive can change dramatically over night. It is designed to do so. Simple things like witnesses finally losing their votes next year, increased investments by other entities and further utilization of Hive past a broken circle jerk rewards pool system on the first layer controlled by liberal progressives that demand state control and conformity with social media content but act like revolutionaries by merging fiat and Hive together and pushing the current oligarchs propaganda, can realistically happen especially with Hive price under a dollar. I hope you are feeling good and glad to see you having some spark left in ya it seems as you might want to maybe start promo mentors again! Also SoMee is doing interesting things and you might like what they are doing as well. https://somee.social/ https://youtu.be/bWbInALht7E
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Hi to you, very interesting to follow the comments underneath your article. I would like to give you my personal view on this. The question is in principle, how are the witnesses paid and by whom? If there is no hierarchy, i.e. no official company that offers employees or, for that matter, freelancers a contract that both parties can rely on, the payment model is uncertain. The witness must then simultaneously look for other ways of earning money in addition to contributing his technical skills in order to be compensated for his efforts. At least that is how I understand the whole thing here. If no one enters into a binding contract with anyone, no one has any reliability to expect from anyone. The individual is thrown back on himself, which he naturally tries to compensate for. The witnesses who have found a way to balance their costs and energy input do so through, for example, their blog and its payouts and through the founding of groups, so-called communities. Someone who has to look after himself, without the usual hierarchy and given security of a structure according to the usual contractual conditions, must behave selfishly if he sees no other way. The first witnesses have ensured that their established interest groups always remain stable and have created the illusion that it is the community that decides on the value of a publication. Of course, this is not quite true, because neither ocd nor curie or curangel, for example, have a specification of what exactly is voted up. The matter is quite vague, because it can be anything. The lack of specialisation in, for example, literature or art, photography or craft, etc. is precisely what the big drivers lack, but they nevertheless appropriate all categories for themselves without standing for a specific category. Therefore, the other-interest groups are competition as long as they grow and receive support from competing single whales. How undesirable it is for something new to emerge, for diverse categories and interest groups to form independently and with financial success, can be seen in the fact that, for example, newcomers to the platform are immediately fished out by those whose pool is already very large. As a newcomer, you are initially flattered by such a surprisingly large upvote total. Then, after the introduction post, the cent amounts that flow in through blogging lead the user to search for the fattest sinecures, and he naturally finds them in the largest interest groups and curation trails. It's all quite normal and basically no one is to blame for the way things are. It is probably a reflection of our times that a public platform based on electricity and computer technology does not know or need corporate governance. All it needs is participation and transactions. In the process, content is basically overcome, in other words: it matters little *what* one posts, only *that* one posts. A certain superficial standard can be attached to this, such as the length, illustration and popularity of a topic. Just like a respected voting behaviour and so-called engagement among users. That it won't grow here is uncertain, but I share the scepticism about it, insofar as nothing changes in the person structure of the top witnesses and the efforts to keep their own communities at the top end. I don't even know to what extent these people even know or coordinate with each other and whether they are able to really step out of their own perspective or whether they are too dependent on it. I guess it depends on whether running a Blokchain is their only source of income and they pay their rent and living expenses from it in the real world. I think it is true what some people interested in the future have said: the media person stands alone in the media world, he has no binding contract with anyone, he is exposed to the arbitrariness of the algorythms and the automatic processes without really finding a contact person who feels responsible. It all gives the appearance of a sense of responsibility, but it merely reflects the problem the individual already has vis-Γ -vis the corporations: There is no one to grab hold of to formulate any claims when it comes to cross-border, non-local, non-physically real entities. The existing legislation that protects employees at work, for example, does not exist here. It is basically a lawless space, a new Wild West, but quite different from the one we know from the touchable reality. Greetings.
author | erh.germany |
---|---|
permlink | r1u0md |
category | hive-167922 |
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frankbacon | 0 | 23,512,694,883 | 17% | ||
wil.metcalfe | 0 | 0 | 100% |
>The question is in principle, how are the witnesses paid and by whom? If there is no hierarchy, i.e. no official company that offers employees or, for that matter, freelancers a contract that both parties can rely on, the payment model is uncertain. They are paid by the Hive protocol. Their payment structure is consistent they get a certain % of the yearly inflation. There are a few problems with the current model. Putting politics aside (who determines who the 21 witnesses are), the 21 top witnesses accrue a lot of the inflation, which is economically not ethical. While in other systems it's much more fair like in proof of work, and soon ethereum proof of stake is most fair. >That it won't grow here is uncertain, but I share the scepticism about it, insofar as nothing changes in the person structure of the top witnesses and the efforts to keep their own communities at the top end. Yep, the witnesses haven't changed much in 4 years, which are signs to be worried about.
author | futurethinker |
---|---|
permlink | r1wpn3 |
category | hive-167922 |
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erh.germany | 0 | 66,854,884,011 | 50% | ||
wil.metcalfe | 0 | 0 | 100% |
Thank you for your answer. If the Hive currency falls in value, so you get less for Hive than you did before, does that mean that witnesses then get less or more revenue with a higher inflation rate? I don't understand the issue in this context. To me, inflation casually means that I can buy less from the same money. Why is the payment model linked to the inflation rate at all, has anyone explained that? I am aware of payment models that can be agreed between client and contractor or employee, for example, on a commission or profit basis, but I am not familiar with income linked to inflation.
author | erh.germany |
---|---|
permlink | r1wtlk |
category | hive-167922 |
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created | 2021-11-01 20:15:21 |
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wil.metcalfe | 0 | 0 | 100% |
I think your correct in your assessment @erh.germany (and I will add... eloquently spoken as usual!). @futurethinker you put your thumb on the issue stemming from how the witness's are determined and how the inflation is allocated. How this could be rectified? I think that John Maxwell sums things up best. I actually heard John talk about this live and it has stuck with me ever since. The Leadership Lid: https://www.youtube.com/watch?v=UZC7HePt5P8
author | wil.metcalfe |
---|---|
permlink | re-futurethinker-r2ably |
category | hive-167922 |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
drakernoise | 0 | -2,864,902,825 | -1.75% | ||
techslut | 0 | -39,363,233,016 | -7% | ||
freebornsociety | 0 | -1,491,245,853 | -10% | ||
jlsplatts | 0 | -33,486,233,013 | -3.5% | ||
nathanpieters | 0 | -1,303,649,756 | -3.5% | ||
chekohler | 0 | -13,581,136,802 | -3.5% | ||
steemflagrewards | 0 | -26,715,580,245 | -7% | ||
antisocialist | 0 | -42,527,452,591 | -7% | ||
manniman | 0 | -11,485,894,211 | -1.75% | ||
melbourneswest | 0 | -36,398,679,336 | -7% | ||
gwilberiol | 0 | -3,645,295,037 | -1.75% | ||
enforcer48 | 0 | -61,520,235,900 | -7% | ||
marcocasario | 0 | -24,328,447,005 | -3.5% | ||
memehub | 0 | -5,667,832,895 | -7% | ||
urtrailer | 0 | -28,120,824,252 | -3.5% | ||
sandymeyer | 0 | -112,741,065,833 | -3.5% | ||
splatts | 0 | -5,770,759,119 | -1.75% | ||
abachon | 0 | -2,590,151,050 | -3.5% | ||
keys-defender | 0 | -3,713,093,358 | -3.5% | ||
kiemis | 0 | -1,923,738,647 | -3.5% |
I understand these complaints, so what do you believe is the next best option. I have heard about blurt but it seemed annoying to join
author | forthefree19 |
---|---|
permlink | re-futurethinker-20211028t175231323z |
category | hive-167922 |
json_metadata | {"tags":["hive"],"app":"ecency/3.0.19-vision","format":"markdown+html"} |
created | 2021-10-28 06:52:27 |
last_update | 2021-10-28 06:52:27 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "Why Hive Is Failing." |
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voter | weight | wgt% | rshares | pct | time |
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wil.metcalfe | 0 | 185,940,107,558 | 100% |
Good question, I was actually coming back to this post to add what I think could be a possible direction for Hive. I don't have the answers what could save Hive, as this is very complex. But one possible solution is that hive joins ethereum as a layer 2. By doing this, Hive benefits from the decentralization and security of Ethereum, while doing what Hive is already doing good, "free" transactions.
author | futurethinker |
---|---|
permlink | r1oeat |
category | hive-167922 |
json_metadata | {"app":"hiveblog/0.1"} |
created | 2021-10-28 07:04:06 |
last_update | 2021-10-28 07:04:06 |
depth | 2 |
children | 3 |
last_payout | 2021-11-04 07:04:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
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pending_payout_value | 0.000 HBD |
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body_length | 401 |
author_reputation | 12,055,947,697,609 |
root_title | "Why Hive Is Failing." |
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wil.metcalfe | 0 | 0 | 100% |
How would it be free if Ethereum has the fees to transact model. Sorryβ¦ Iβm not really understanding the reasons how this would work. I have used Eth a few timesβ¦ and every time I do my stake literally evaporates via the fee structure. I canβt even think about attempting to build Hive on that foundation as it seems entirely contradictory to how Hive operates. Fee-less transactions are a real draw in my opinionβ¦ Thatβs the troubleβ¦ Nothings ever black and white itβs a relative mixture of bothβ¦ and that turns out to be all about the pros and cons. I like that your inverting the story of Hive thoughβ¦ all good investors do this to examine the fundamentals before investingβ¦ But Hive is complex. Thatβs why I decided to dip my toe in the water and give it a try over the last 4+ yearsβ¦ I liked the idea (a lot) and wanted to fully understand it. But inverting the story (recently) has become painfulβ¦ especially in light of how the Downvote currently works.
author | wil.metcalfe |
---|---|
permlink | re-futurethinker-20211029t7536959z |
category | hive-167922 |
json_metadata | {"tags":["ecency"],"app":"ecency/3.0.23-mobile","format":"markdown+html"} |
created | 2021-10-29 13:05:36 |
last_update | 2021-10-29 13:05:36 |
depth | 3 |
children | 2 |
last_payout | 2021-11-05 13:05:36 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "Why Hive Is Failing." |
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net_rshares | -186,745,210,828 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
lucylin | 0 | 6,631,790,698 | 100% | ||
chekohler | 0 | -10,128,103,309 | -3.5% | ||
steemflagrewards | 0 | -28,030,505,523 | -7% | ||
adamada | 0 | -48,349,560,517 | -7% | ||
melbourneswest | 0 | -36,207,526,037 | -7% | ||
enforcer48 | 0 | -61,913,200,854 | -7% | ||
bestofph | 0 | -1,369,138,894 | -7% | ||
memehub | 0 | -6,086,724,702 | -7% | ||
abachon | 0 | -3,087,336,530 | -3.5% | ||
yayogerardo | 0 | 1,795,094,840 | 100% |
Very well put. Reading some of the comments on here further convinces me that pulling all my investments out of Hive over the past few months was a good idea.
author | frot |
---|---|
permlink | re-futurethinker-r1r6az |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-29 19:04:12 |
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root_title | "Why Hive Is Failing." |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
anthonyadavisii | 0 | 250,025,319,970 | 44% | ||
lucylin | 0 | 6,905,570,920 | 100% | ||
flagawhale | 0 | 1,693,759,435 | 41% | ||
smartmeme | 0 | 21,117,273,833 | 59% | ||
wil.metcalfe | 0 | 0 | 100% | ||
yayogerardo | 0 | 1,870,093,491 | 100% |
Inflation isnt a problem if I earn 10+%. Actually inflation and deflation arent problems as the economic gurus always predict. The real thing is the difference between income increase and inflation. Some defis are big because of bizarre inflation % and thus super high reward %. The rest are fair points Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@gogreenbuddy/re-futurethinker-4fmskw)
author | gogreenbuddy |
---|---|
permlink | re-futurethinker-4fmskw |
category | hive-167922 |
json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@gogreenbuddy/re-futurethinker-4fmskw"} |
created | 2021-10-28 06:49:00 |
last_update | 2021-10-28 06:49:00 |
depth | 1 |
children | 5 |
last_payout | 2021-11-04 06:49:00 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.108 HBD |
curator_payout_value | 0.108 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 410 |
author_reputation | 89,885,053,777,378 |
root_title | "Why Hive Is Failing." |
beneficiaries | [] |
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percent_hbd | 10,000 |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
wil.metcalfe | 0 | 192,366,850,849 | 100% |
The problem is that currencies, do not need a high inflation, bitcoin and ethereum for example. Imagine what people would rather choose to hold, ethereum which is low inflationary (and maybe even deflationary in the future) vs a coin which has 2-5% inflation.
author | futurethinker |
---|---|
permlink | r1oe71 |
category | hive-167922 |
json_metadata | {"app":"hiveblog/0.1"} |
created | 2021-10-28 07:01:51 |
last_update | 2021-10-28 07:01:51 |
depth | 2 |
children | 4 |
last_payout | 2021-11-04 07:01:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.108 HBD |
curator_payout_value | 0.107 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 259 |
author_reputation | 12,055,947,697,609 |
root_title | "Why Hive Is Failing." |
beneficiaries | [] |
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percent_hbd | 10,000 |
post_id | 107,342,417 |
net_rshares | 188,912,911,287 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
wil.metcalfe | 0 | 188,912,911,287 | 100% |
The problem is that their is no problem. does it matter if their is 100% inflation if your return is 200% a year?
author | gogreenbuddy |
---|---|
permlink | re-futurethinker-r1of3u |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-28 07:21:30 |
last_update | 2021-10-28 07:21:30 |
depth | 3 |
children | 3 |
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cashout_time | 1969-12-31 23:59:59 |
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author_reputation | 89,885,053,777,378 |
root_title | "Why Hive Is Failing." |
beneficiaries | [] |
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---|---|---|---|---|---|
wil.metcalfe | 0 | 0 | 100% |
I don't see how joining Ethereum is a solution. I have brought three active users (two very long-term) to the chain since I started. Not a huge success, but progress. I seek out bloggers to support with my votes. I downvote copy/paste spam when I find it. All of these kinds of activities are beneficialto he community as a whole and to me individually. The DPoS model does give disproportionate power to whales. I have been disappointed in some of the actions taken by large stake holders with vendettas, and Curangel has even been a part of this problem. However, none of this is resolved by linking to another chain.
author | jacobtothe |
---|---|
permlink | re-futurethinker-r1r1cn |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-29 17:17:12 |
last_update | 2021-10-29 17:17:12 |
depth | 1 |
children | 2 |
last_payout | 2021-11-05 17:17:12 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.128 HBD |
curator_payout_value | 0.125 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 621 |
author_reputation | 565,022,342,316,458 |
root_title | "Why Hive Is Failing." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 107,374,772 |
net_rshares | 220,945,588,625 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
lucylin | 0 | 6,766,929,127 | 100% | ||
antisocialist | 0 | 125,442,744,882 | 22% | ||
enforcer48 | 0 | 86,903,953,980 | 10% | ||
wil.metcalfe | 0 | 0 | 100% | ||
yayogerardo | 0 | 1,831,960,636 | 100% |
Interoperability always create more doors than not.
author | enforcer48 |
---|---|
permlink | re-jacobtothe-r1rcak |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-29 21:13:33 |
last_update | 2021-10-29 21:13:33 |
depth | 2 |
children | 0 |
last_payout | 2021-11-05 21:13:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.178 HBD |
curator_payout_value | 0.176 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 51 |
author_reputation | 426,233,073,731,239 |
root_title | "Why Hive Is Failing." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 107,378,894 |
net_rshares | 308,203,664,298 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
anthonyadavisii | 0 | 199,010,913,407 | 35% | ||
stimialiti | 0 | -21,460,725,536 | -100% | ||
steemflagrewards | 0 | 113,826,388,639 | 30% | ||
smartmeme | 0 | 14,667,175,273 | 41% | ||
admiralbot | 0 | 1,954,139,166 | 34% | ||
sfr-treasury | 0 | 6,390,759 | 32% | ||
thepobgoblin | 0 | 199,382,590 | 58% |
I don't know if this is technically possible (prob not currently), but by linking Hive to Ethereum, Hive won't need to worry about decentralization and security. Decentralization is a must for every blockchain to create trust. And DPOS chains do not have enough decentralization. See EOS as the biggest example.
author | futurethinker |
---|---|
permlink | r1s3j5 |
category | hive-167922 |
json_metadata | {"app":"hiveblog/0.1"} |
created | 2021-10-30 07:01:54 |
last_update | 2021-10-30 07:01:54 |
depth | 2 |
children | 0 |
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I don't really know where to start. There's a lot to unpack here. There are at least a few technical inaccuracies, ranging from trivial (20 top witnesses, not 21) to glaring (DPoS and low fees being the primary cause of inflation??? no, that's our reward pool; how could you miss this?). I guess I'll start with some questions. Easiest one first: if you feel that Hive has failed as a blogging platform, why have you just made a blog post on Hive? And by which metric(s) are you asserting that Hive is failing or has failed? Are you comparing it to other blockchains/tokens, rather than assessing it on its own? What constitutes "failure" to you? Is total and complete domination of market share the only metric of success? Widespread mainstream adoption? Your expectations of Hive in almost every aspect seem to be incongruent with reality and so, of course you assess that it has failed, because you expect it to be things that it isn't. This isn't something that only opponents of Hive are guilty of, by the way. Something that really annoys me is when people expect Hive to be things it is not. I've clashed with a couple of the "OGs" about this. An example interaction follows: 1. A bidbot operator who got rich through opportunistic rent-seeking (pick one, there are several) starts bitching about how Hive is not working (i.e., not making them richer fast enough). 2. They suggest removing the reward pool for content, completely ignoring the entire purpose of Hive, because "token go up = me rich". 3. They elaborate on how we should "pivot" Hive to leverage the latest craze in crypto, be it scam ICOs, DeFi (you want ponzi? there's your fucking ponzi, lol), NFT, whatever. 4. I point out that there are thousands of shitcoins out there doing exactly what they want, and if they want to be invested in that, they should probably power down and buy into those instead, rather than try to hack together some bargain-bin version built on Hive. 5. They suggest that because their account is large and mine is not as large, that I don't know what I'm talking about. (I _still_ don't understand that guy's logic, but ok). It's heartwarming that you're here, explaining to a vibrant community (which you abandoned long ago), out of the kindness of your heart, that everything they're building isn't going to follow the same market patterns as blockchains built on pictures of dogs. But I don't think very many of us are expecting it to? It's not that you're actually _wrong_ about many of the points you're making, it's just that... Hive doesn't really care. It's not as simple of a use case as value storage and movement. It's an intricate social economy where you can literally buy and sell human attention. It's its own little society. At the same time, there are things that Hive isn't and never will be, because of the technology it uses and the way that it is. Some people think HIVE is good money and, were I in the business of deception, I'd have a bridge to sell them. Of course HIVE isn't good money; it's not _supposed_ to be. It's liquid stake in a decentralised autonomous society. Was that not cool enough already? Is your house money? What about your car? Your membership at the country club? Why does everyone who writes posts like these expect Hive to be what it isn't? It's like you've landed your ship on an uncharted island with an indigenous population. You're wildly pointing and gesturing around, trying to communicate to us savages that our society is going nowhere, because you have a washing machine and a microwave at home. Okay? So our population and our GDP isn't the highest in the world. That's kinda obvious, right? Anyway, we're cooking sweetpotatoes in our clay pots. Want some?
author | lemony-cricket |
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Hey @lemony-cricket! How you doing :). Let me answer your questions. >Easiest one first: if you feel that Hive has failed as a blogging platform, why have you just made a blog post on Hive? I literally put this two times in my post lol. I will quote it here for you: > But I write this out of my past love for this community. >This isn't something that only opponents of Hive are guilty of, by the way. Something that really annoys me is when people expect Hive to be things it is not. Oke if you read my blog post (I have the feeling you have skimmed through it reading your first question), you might see unlike those other OGs, I am trying to give real substance to the failing of Hive. And you comparing me to "other OGs" and adding a metaphor, which is related to how you feel instead of getting into my blog post, frankly doesn't invite me to respond on the substance of your comment.
author | futurethinker |
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I did, in fact, read your entire post, and even made an attempt to set aside the numerous technical and economical misunderstandings in order to address your actual _point_. > And you comparing me to "other OGs" and adding a metaphor, which is related to how you feel instead of getting into my blog post, frankly doesn't invite me to respond on the substance of your comment. I've been on the Internet for a while, and I'm no stranger to mental gymnastics, nor blatant evasive manoeuvres like this one. It was certainly not my intention to equate you with those people; it was rather an attempt to show you that I don't go for this kind of rubbish whether it's an attempt to hype and pump Hive to the moon, or not. I think my metaphor was pretty on-point. You're literally coming here and using our working system to tell us that our system cannot possibly work and to explain why. By the way, your explanation that you're coming back "out of past love" doesn't answer my question. Why did you interact with our blockchain today, if you think it doesn't work? Did you think that... it's the best way to reach us? Hmm.
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>It's not that you're actually wrong about many of the points you're making, it's just that... Hive doesn't really care. Price matters little at this point, it is just a nice bonus.
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Hi! Well, I felt the need to set the record straight, I haven't really curated for about a year at least as I have been focusing more on content creation, and administration for Curangel which is a curation project started and created by @pharesim. I also don't share the sentiment on this pending doom sensation you have about Hive. There are plenty of things that have improved since 4 years ago with many exciting projects and games being built that are not even released yet but will be soon. Those very same investors you pointed out are still around because they see a potential and because they are busy building even when it has not been publicly announced and for a good reason. I remember how everyone was waiting for SMTs and how they would come soon and then never did. It is better to have something ready before announcing to the public and then face the scrutiny of not meeting the deadlines or that the moon is not coming because of them. Curation these days is even more decentralized than it used to be, since now stakeholders are incentivized to curate themselves by having the best return that way. Of course, there are some bigger stakeholders who just cast their votes on whatever is on the trending page because they have no time or interest in finding content themselves or they don't feel they would get back the same return by delegating to curation guilds to distribute stake for them.
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Hey @m31! I hope you are doing well! Thanks for your comment. >Curation these days is even more decentralized than it used to be, since now stakeholders are incentivized to curate themselves by having the best return that way. Of course, there are some bigger stakeholders who just cast their votes on whatever is on the trending page because they have no time or interest in finding content themselves or they don't feel they would get back the same return by delegating to curation guilds to distribute stake for them. To this point I want to give a gut shot test. Is it easy for lets say the bottom and mid hive holders to get a post to trending? or are there always whales involved? In our time there was sure whales needed, or a lot of voting bots :P Great to hear from you again!
author | futurethinker |
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I guess I see what you are aiming at there. Meaning, in platform like Youtube, for example, all the votes are equal in weight and it does not affect if a user with bigger stake is coming in and casting the vote or just a regular viewer? I don't think it is entirely true these days as most of these platforms do have algorithms and certain metrics on what gets to the trending page and what doesn't and even some content that does not get presented to the viewers because they fail at certain metrics. You still need to put in work and grind your way to the top, work those algos and other things. It is similar on Hive where you have to grind and build your reputation, following and support for years. Should it be easy? That is a different debate. I think in that regard, it can be easier on Hive sometimes than on other platforms due to shire size of the userbase. Currently my observation of the trending page is that there is a lot more great stuff that makes it there, and also that there are bunch of whales that are hitting posts that get close to trending page and then they end up there. There are a lot of curators of all sizes voting content since after a recent harfork split of rewards is 50/50.
author | m31 |
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> Is it easy for lets say the bottom and mid hive holders to get a post to trending? Why should it be easy? Is it easy to get a starting spot for the Lakers or Real Madrid? Could you get a starting spot for your local city team?  The next two on the list have 700 HP and 129 HP That is the top 15 in Trending. Also, most people don't use Trending, they use communities to find their content these days. You should have a look a bit deeper.
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You're not the first person to address such concerns. As an avid observer of human behaviour I have noticed that all crypto is an internal belief system had by a select group which is then projected onto the world. A kind of repeat narcissism of the group - a religion basically. The Hive religion - which is exposed in the emotion expressed by some of its devotees in these comments, lol - has been an interesting participatory journey for me. I've a history of cults - it's only natural I'm attracted to them... lol I've used this vessel to express many things and also develop many things including writing, music, video making, investigative journalism and generally thought provoking content. I've found a community of freethinking people dedicated to a censorship resistant platform. A censorship resistant platform was the primary basis of my presence here on Hive. I can learn these lessons and develop my abilities on any platform - it doesn't need to be Hive and I can also go in hibernation for a while until something else suitable comes up. Does this mean much to investors who have their chips piled up on the Hive side of the fence? Probably not. I as a small guy, of whom the only capital I have is my brain, skills, talents and tenacity, am just one person with little stake and therefore little say. I do have a reputation of 69 (please judge me greatly on this, my rep shot up when I put some money in once, then took it out again when I was broke) - lesson 1 from Hive - money buys you a reputation. That's just it - that's the issue here - you have 'stake' which is carried over from an abusive economy which gives you influence in the 'free world' aka Hive. That world ain't free folks. Hive is not a 'free' platform. But to be honest, nothing is. There's always a transaction somewhere. And mummy and daddy weren't to be relied on a long time ago... I as a content creator and community contributor am a single small piece - but I am also the backbone of what gives the social media platform side of things content which generates interest through attention capital economics then seeping out in the greater world of the now. If I stand up and walk away - others may as well. Even if they don't, I've been true to myself and that's what matters to me. I could die tomorrow, would anyone miss me? Maybe not - does it matter in the grand scheme of things? Maybe not. (I did not intend this level of morbidity when initiating the writing of this post, I promise... ). I make a choice, it may lead to others making their choices and that may lead to a free-fall of Hive - or maybe not. It will retain value through Splinterlands however - but that was not the initial aim of what Hive was meant to represent - as far as I am aware. Sometimes I like to engage in the circle jerk - I'll post some content like this video here - https://peakd.com/hive-174578/@montycashmusic/qukonfzb I bought three Go Pros so I can make multi-perspective music videos for an upcoming release - I'm having fun - so what do I do? I post it on my favourite censorship resistant platform of course! There's a few problems here though - when you look below the surface level - problems that have not resolved themselves over the years I have been involved. Problems I am almost certain will not resolve themselves due to fundamental flaws in the platform. I received 59 votes. Woohoo! Great for me... on others I receive 500 and I get less of a payout..... ok so 59 people have looked at this post and dedicated a short period of their lives to my carefully crafted content? No. Majority of the payout comes from three user accounts - which is great but that seems a bit odd... does that mean those people have looked at the video? Not necessarily... I've noticed that the 3speak account routinely upvotes videos that get more attention from external links outside of the Hive ecoverse (which is quite a sensible algorithm to have really). I advertised this link a lot externally to all my friends in individual telegram messages - personalized - and got a whopping 30 views (ok being sarcastic).. (actually can't see how many views now because 3speak seems to be down again... but last time I remember it was about 30 - at least 5 of which are me revisiting the video to check for errors and to admire the wonderful image of myself from many perspectives). There are also a couple of small voting trails included in the 59 votes as well. This means that one person votes and many votes are attached (you know this but I'm just stating for the sake of making a point). Also, some of those trails are actually auto-votes as I have discovered because I've got a couple of regulars. You'll also notice that the only user engagement I received was from a user - who does great stuff in the video world in the UK - that I deliberately tagged in the comments. Does that mean the only way to get engagement is to tag people incessantly like some kind of nagging musician wanting attention (hang on a minute a relevant alternative metaphor was meant to go there... π) I'll let you in on a secret, ...sometimes .......when I'm in a dark room alone I like to pretend that 300 random votes I get from Curie are actually different people looking at my work. It's a kind of false panacea I like to put myself through - makes me feel great for a day - possibly likened to the self-pleasuring habit of old - then... later.... I remind myself of REALITY; take a deep breath and get off the fucking computer! (oh, lord Jesus! It feels good to pretend I don't want you when you punish me with such lies!) It's true, I'm a shit-stirrer and I've certainly got my fair share of avoiders in this world because of my lack of a generally-general-vanilla-societal-palatable-self-promotional skill-set (thus why me the odd ball ends up on Hive with all the other odd balls, banging around our oddness together, believing in a free world and all that (HULLO!? π²)). There are major flaws in the way Hive accumulates attention points. It hasn't changed and it won't change. The system is broken. Even if I appease the witness masters and post only sanitary content devoid of all conspiracy and slowly build up a community like many have done and dedicated their lives to - engagement is a dead end here - majority of engagements are reward focused and not genuine participation for the sake of... well.. living. That's where you the whale has the power to upvote someone's comment in Venezuela and effectively buy them food for the day.... this is where Hive flourishes in making the world more equal..... it's simply removed government and tax restrictions from the countries government and put it in the hands of the witnesses. Yes, I've seen great posts with great engagement (over yonder, o'er the hilltop) - I've also seen terrible circle jerk mastabatory excrement masking as 'great writing' by large stake holders which then a loyal bunch of worshippers come and pay their respects with a 'thoughtful comment' to which they receive a crumb off the kings table - I've then seen these posts cause the writer to believe they are indeed AMAZING! and continue to write such trollop and continue to get rewarded for it. It's a degeneracy of the intellect likened to incest - it's why echo chambers are a no go zone for a free thinker and someone truly dedicated to develop any skill. There is no difference between the system here and the system in the world. The core of it is human behaviour and conditioning. Regardless of the system that is setup, regardless of how fool proof it is - the innate conditioning of the humans using the system will inevitably create the same conditions they exist in, within. And now we go all meta - to fix the system - to fix Hive even - you have to fix yourself. Really, you have to start with yourself and the way you handle yourself in a group. Know thyself. ps. also another messianic wannabe, trying to change the world.... one Hive comment at a time... someone will read this comment... someone will be saved... if only just one... then one is enough... (I'm big on parody, it's hard to tell with solid text, honestly some people take me seriously, like sarcasm on the facebewk of old, it's one big fuckup, lol). --- It's so, so good to get away from the computer from time to time.... now working at a dairy - pushing cows... well really they push themselves. haha  Say hi to Pus Pus - he non-consentually jumps on people's shoulders while they're milking a herd of cows... also likes to drink milk, kill mice and meow into empty fields. This probably should have been its own post - considering how long it is and it may receive downvotes for being so brandishly vulgar toward the Hive religion - but little fucks are given. Please censor me with your downvote oh dragon who sits on his gold. I will enjoy the validation. In the meantime, I will continue posting fun musical posts for myself to view on the possibly working hive infrastructure in the near future. Thanks Hive for being so supremely human.
author | montycashmusic |
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<p>You know, I looked at your comment and was almost TL;DR. Thank the Pond Gods I did read it! It seems like I've discovered a kindred spirit. To expand on your comment:</p> <blockquote>Yes, I've seen great posts with great engagement (over yonder, o'er the hilltop) - I've also seen terrible circle jerk masturbatory excrement masking as 'great writing' by large stakeholders which then a loyal bunch of worshippers come and pay their respects with a 'thoughtful comment' to which they receive a crumb off the king's table - I've then seen these posts cause the writer to believe they are indeed AMAZING! and continue to write such trollop and continue to get rewarded for it.</blockquote> <p>This is one of the dangers of <em>'Building a Following'</em>, especially on a platform that's sole draw is <b>Money</b>.</p> <p>I saw the same thing in the Open Source community. (FOSS) it seems to draw in all the zealots who, in their irrational excitement, elevate the movement, in this case, Hive, to some exalted position whereby anyone who dares to question anything is accused of being a heretic or a Troll. Have a look at some of the comments, and you'll see those types: <em>"You're wrong."</em> umm? any chance of an explanation why? Any evidence or hard facts to demonstrate why it's wrong? How about expanding on why it's wrong? No! All they know is you attacked their beloved Hive. π€¦ββοΈ</p> <p>Everyone cites the bogeyman Justin Sun when they talk about STEEM, but some of us remember the early days when STEEM was fun and a system-wide community with lots of support groups trying to get folks accounts into a healthy state. These days on Hive, it seems to me that the Clan system has taken over. Try tagging a post about cows in splinterlands or maybe leofinance and watch the hounds rip you to pieces. Getting your post under as many noses as possible is almost becoming impossible unless you are in at least one of the Clans. It reminds me of school and my school house. I was in Faraday, but all the successful kids were in Chaucer. Sadly, I don't do Splinterlands (Don't get me started on that.) I know naff all about Crypto, so LeoFinance is off the cards for me, and these are the two major players on Hive. π’
author | dickturpin |
---|---|
permlink | re-montycashmusic-20211031t82924238z |
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What's that I'm getting? Real human engagement? I don't believe it π... maybe Hive isn't dead in the water - but it has a long way to go to recover from its current status. @dickturpin Thanks for reading - TBH I forgive those that browse past the comment. Isn't communication in long-form fun though? π I'm grateful for the experience I've had with Hive - I really appreciate the community here, it's taught me a lot about myself and about humans in general - what we want and how we go about getting what we want. Putting big revolutionary ideals in the intentions slot in the mission statement and then seeing how that plays out - we're all learning together. It's useful for the purpose of development for all of us to look at the big ugly things in the room with us that we learn to blindside against (aka, that 'ole elephant). I prefer to see the honesty of a situation, no matter how dark or morose, because from the point of honesty we have a chance at changing actual reality. There is a time for dreaming and putting our actions where our aspirations are and focusing only on the lighted path - but when we fail and fail and fail in one method while still being starry eyed - we should not despair but instead go into analysis mode. What is the problem here? And, how do I fix it? Thanks for your comment and I look forward to further discourse in the future. @erh.germany Certainly balancing this virtual world with the real world is a magic trick we're all getting a grip on. Our bodies were just simply not made to look at a screen all day or hold an electro-magnetically radiant rectangular device in our hands all day and look down to it like we're in some kind of eternal mope. lol Ultimately we can train our dopamine drives to any habit including breath. That's why the simple meditation of breath work is so effective. We can learn to enjoy anything through repetition of a habit - it's the same way we learn to enjoy things subconsciously... only doing it consciously, we're in control of our desires. Tech and the big world of futurism has given humanity the opportunity to evolve in many ways, it's also given us the opportunity to stagnate and feed our darker desires, habits and addictions. We sit on a coin's edge. To answer your last question - I was a long-term traveling street performer playing and singing jazzy/blues rock music for 7 years internationally. I get the occasional gig here and there where I am now. The world has become a strange place. Upping my tech allows me to refine my art and make better productions. I have come to enjoy the journey of development. Hopeful latest mandates that are being threatened don't force me into the woods. But if they do. The woods I will go. Maybe I'll get a boat and fuck off. Find an island in the middle of the Indian Ocean and live the eternal middle finger at the rest of existence. Things can still be fun - even in apocalypse. lol My heart goes out to single mothers with children in the same shituation. We're all fighting in our own way. What's being imposed on the public is not in line with the principles of freedom. Good luck to you, wherever you are out there... Germany I presume? I have read some of your posts. Very informative, thank you.
author | montycashmusic |
---|---|
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HaHa, I find a lot of humour in your comment. Like you, I have one foot in the virtual world and the other in the tangible world. There is a gulf between the two, probably a love-hate relationship. As I get older, I am feeding off the memories of my offline life. In comparison, I hardly remember anything of significance in my online world. So the blockchain serves as a memory diary where I can always check when I said what to whom. It's good when I don't have to be ashamed of it. Without my real body, which has to move around in real space from time to time, this would be a place of despair for me. LOL. But this way I still have what keeps me balanced, Like you your music I think. Do you play in front of real audiences?
author | erh.germany |
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> but the direction I think hive could go is to join ethereum as a layer 2 and figure out how to become a good decentralized blog. Because as an application layer, hive is falling far behind. By doing this, Hive benefits from the decentralization and security of Ethereum while retaining its transaction speed. Vitalik loves our Hive community and we should seek to advise from ETH community and figure out a solution. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nathanmars/re-futurethinker-5dwykf)
author | nathanmars |
---|---|
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I agree! Hive needs fresh eyes from people OUTSIDE the community. But a majority of people don't have the humility to see where Hive is failing and only cares about getting acknowledgement of what it already has done. I know there are a lot of smart people on Hive with the open mindedness to push change forward. But everything someone from the outside says something bad about Hive, the majority of the Hiver (NOT ALL) act defensive. This is not the way to change and innovate. And yes, I understand that people's words from the outside, including my post can come off as offensive, but guess what the core of what they are saying might be justified. I truly hope Hive could get somebody from the ETH community or Cardano community to comment, frankly getting these leaders might be hard, but there are enough less well known people in those communities who are happy to give their take on this chain.
author | futurethinker |
---|---|
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Thanks for writing this post and some of the points you said are valid and true. I have been with this community for almost 4 years and took a year break and then again 3 months break again recently. And I can certainly relate to some of the points you raised in your post. I truly believe that there is immense value in fresh new ideas to take hive to the next level. At the same time, I can understand why people can be defensive. Because our community was so unlucky in many ways (Dan Larimer exit and Ned selling his stake to Justin that lead to the hard fork) and many of them put their heart and soul to build the ecosystem with little reward. We got to see obstacles as the way to move forward with our personal life and also with Hive. > I truly hope Hive could get somebody from the ETH community or Cardano community to comment, frankly getting these leaders might be hard, but there are enough less well-known people in those communities who are happy to give their take on this chain. This is something in our control and we can try our very best to make something happen that empowers decentralization and crypto adoptoion. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nathanmars/re-futurethinker-bhdbe)
author | nathanmars |
---|---|
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I π―% agree. Thank you for taking the time to do this. This really is the sort of input Hive needs and the fact that your a voice outside the current echo chamber means what you have to say is valuable feedback. Defensiveness doesnβt move us forward and only indicates fragility so I hope that people can have some constructive takeaways with whatβs been said here in the post and also in the comments. Thank you again. π
author | wil.metcalfe |
---|---|
permlink | re-futurethinker-20211029t7173960z |
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That would be very interesting Nathan. I wonder what he would advise usβ¦ could be eye opening but itβs difficult for me to imagine a Hive Ethereum integrationβ¦ That said I think there could be A LOT of value in getting outside eyes to say what they think about the project. Internally there is to much group think going on to get a solid read on what needs to change and how we need to go about itβ¦ But the truth of the matter isβ¦ Something needs to change and it needs to change before another Bitcoin bull run. I have some pretty good ideas of what needs to fundamentally changeβ¦ *hint hint* The current DV and those witnessβs turning a blind eye to the disfunction, turmoil, and abuse it is causing. Anyways! Itβs good to see you back! I have been meaning to get in touch with you! Thank you for your recent messages. They are much appreciated. Iβll talk with you soon. π
author | wil.metcalfe |
---|---|
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> Something needs to change and it needs to change before another Bitcoin bull run. Happy to see that youβre thinking long term. Making some fundamental changes to Hive takes time and the most important thing is that we need to start moving in the right direction and be willing to innovate and collaborate. Crypto and decentralisation is a positive sum game and letβs think in a solution oriented way :) Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nathanmars/re-wil-metcalfe-4ffv8e)
author | nathanmars |
---|---|
permlink | re-wil-metcalfe-4ffv8e |
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You left in 2018 , Why commenting now with such arguments 3 years later ? You have some points but i know of many members who are showered with love from curators even though they dont own much coins and dont care much about the community . They do cash out often and can live on this money . I agree , the communities are a closed up environnement and mostly "friends" together But even though i lose money in hive by buying useless tokens and posting for almost nothing , i can see that this place is making a lot of people happy . I would say the main focus is connections with others like in Whaleshares , Learning a lot and for some yes making few bucks if not great bucks . All systems have flaws , we deal with it . Some people have better luck or are better at what they do Splinterlands have made a lot of people happy and rich , nothing to judge here . We know it is all a social experiment , so is our whole system based on schemes and mafias But that doesnt remove the pleasure to meet and feel great souls .
author | opidia |
---|---|
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Heey @futurethinker!! :) After reading your post and all the comments that you brought along... I **think** you got the picture in this article totally wrong. So, I'm gonna lend you this picture below to use in your post instead. Go, just go buddy. Go quickly and edit your post to illustrate better the current shituation. hahahaha https://images.hive.blog/0x0/https://media1.tenor.com/images/275970c8a5206bb035aed2bd1874b649/tenor.gif
author | por500bolos |
---|---|
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lol
author | futurethinker |
---|---|
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Dan says he invented hive, which is not true. He invented the old dumpster fire. >but take it from me Um, why?
author | preparedwombat |
---|---|
permlink | re-futurethinker-r1rgkr |
category | hive-167922 |
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Have you spent much time here lately?? This seems to be looking at Hive as being the same as Steem 4 years ago - it isn't. Click the link and have a look at the transactions: https://hiveuprss.github.io/hiveisbeautiful/ SL = Splinterlands Splinterlands is worth about 500M dollars currently - would it be worth as much if they had to pay for transactions? Which interface are you using? hive.blog? Try peakd. Key management? Try Keychain. Censorship resistance? Quoting Justin Sun events doesn't work, as the last hardfork made that impossible - plus, the mining stake he bought in STEEM from Ned, is now in a DAO and funds development of applications. Plenty of people can run nodes - You can run a node. @arcange even broke down the electricity costs - full + half node = 100W - that is the power of a lightbulb. Most of the voting stake isn't in curation guilds, it is just that they can make push individual posts up. The curation here isn't really centralized at all - except by stake. Also, you seem to make the assumption that the people who have worked hard on Hive, only hold HIVE - that is not the case. Looking at a Hive wallet for whether a person has been financially successful, is very much judging a book by its cover. For example, there are dozens of Splinterlands millionaires with very little HIVE, but without Hive, they wouldn't be millionaires. I think you are looking far too narrowly at this space. It was never meant to be only a blogging platform - it is an application ecosystem.
author | tarazkp |
---|---|
permlink | r1oexr |
category | hive-167922 |
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onealfa | 0 | 5,948,651,136,231 | 60% | ||
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meesterboom | 0 | 545,249,490,374 | 20% | ||
mjhomb | 0 | 336,132,952,329 | 100% | ||
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Agg had to make the second layer work first for SPL to even get off the ground. Imagine if Agg did not have to do all the leg work with Hive Engine or if he built SPL on polygon or wax instead where assets have more exposure and flexibility, it seems. Hive is a bit of a walled garden and hard to buy with other currencies with its main listing and trading volume in a south korean exchange that only south koreans can trade in.
author | dynamicsteemians |
---|---|
permlink | re-tarazkp-r1qmz1 |
category | hive-167922 |
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Firstly, neither Polygon or Wax existed at the time. And then, much of the value used to create Splinterlands in the first place was derived directly from Hive (Steem at the time) through various means, including bidbots. And, the vast majority of early adopters went into Splinterlands because it was on the blockchain they use and have value, as well as the social capital built with Aggy and Matt over the years that garnered support - for example, I spoke to them both and had drinks with Aggy in Poland at SF3, as did many others. On other blockchains, they would have been starting from scratch and had none of the social trust built, nor personal relationships to help them get started. People seem to forget this when they look back into the past using the filters of today. Not sure why you think it is hard to trade, at least Binance has it paired with BT/ BUSD/ USDT there and Bittrex has pairings.
author | tarazkp |
---|---|
permlink | r1qnii |
category | hive-167922 |
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Old friend, I am not here to hostile. Let me try to address a few of your comments here, I hope we can keep it civil. >Splinterlands is worth about 500M dollars currently - would it be worth as much if they had to pay for transactions? 500M dollars frankly is small in the big scheme of things. We are still early, and even now many shit coins still are valued at hundreds of millions. If you really want to quote value, we can look at the Hive market cap. Hive market cap currently is > Plenty of people can run nodes - You can run a node. @arcange even broke down the electricity costs - full + half node = 100W - that is the power of a lightbulb. Oke first of all, it is nice that you can run a node, that's cool, but it doesn't stop for the consensus layer to be not centralized, it basically comes down to the 21 top witnesses. Do you agree? About the nodes, a different subject but relevant: are there incentives to run the node? Do I get paid when I run a node? >Most of the voting stake isn't in curation guilds, it is just that they can make push individual posts up. The curation here isn't really centralized at all - except by stake. "Except by stake" there is a contradiction there, do you see it? If stake gets centralized to a few big curation guilds then those few curation guilds basically determine which content gets to be seen. While on traditional social media, it depends on the user. >Also, you seem to make the assumption that the people who have worked hard on Hive, only hold HIVE - that is not the case. Looking at a Hive wallet for whether a person has been financially successful, is very much judging a book by its cover. For example, there are dozens of Splinterlands millionaires with very little HIVE, but without Hive, they wouldn't be millionaires. This only demonstrates my point, hive is not something people want to hold because its economical broken, so they rather hold other crypto such as splinterlands. The BIG problem with this that I was talking about above, is that applications in this case splinterlands are build on Hive the blockchain. The blockchain which is the foundation for the splinterlands application, which other applications would want to build on that? The success of splinterlands is real, but it is made on a broken blockchain, what will happen if the base layer aka Hive fails? Many application will take this into account. Thus for hive to become an applications layer (which btw I did know this was the direction and if you read blog post again you will see I mentioned this), hive has to make hive economical sustainable first, and this is not the case. I wouldn't want to build my house on broken ground.
author | futurethinker |
---|---|
permlink | r1omba |
category | hive-167922 |
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>500M dollars frankly is small in the big scheme of things. We are still early, and even now many shit coins still are valued at hundreds of millions. If you really want to quote value, we can look at the Hive market cap. Hive market cap currently is 500M dollars is the market cap of Rovio, the makers of Angry Birds and others. It is not small - you are looking at it wrongly. These are businesses. Not only that, it is a decentralized business model, like the world hasn't had before. This is all new. >Oke first of all, it is nice that you can run a node, that's cool, but it doesn't stop for the consensus layer to be not centralized, it basically comes down to the 21 top witnesses. Do you agree? This is the consensus layer, which is the way things get built. Users can and have affected this. >About the nodes, a different subject but relevant: are there incentives to run the node? Do I get paid when I run a node? Depends on you. Also, it depends on what else you build. Plenty of people run nodes so they can better run their applications etc. This is business - there are many ways to get paid. If you start a business, do you expect it all to be funded by the government, or should you have to get some clients too? >If stake gets centralized to a few big curation guilds then those few curation guilds basically determine which content gets to be seen. That would be the decision of the stake, something most stake won't make, since they don't have to and, can earn more voting manually if they choose. Your point is a non event. >While on traditional social media, it depends on the user. Not it is not. It is based on centralized algorithms optimized for a pay-per-click model for advertising revenue. >This only demonstrates my point, hive is not something people want to hold because its economical broken, so they rather hold other crypto such as splinterlands. No. This is not the case. Hive is *built to house other crypto* which is why SMTs (remember them) were a thing being built *before I was here.* They didn't eventuate, but there are many second-layer tokens moving across the Hive ecosystem, all of the SL assets being some of them. There are others too. Also, there are communities that are using their tokens to do other things, on and off Hive, like LEO/CUB. The Hive blockchain doesn't fail, as it is just some code. *Even if there was only Splinterlands* it is in their best interest to keep using it, as it already works for them. It is absolutely economically sustainable. So far, what you have mentioned sounds very much like someone who hasn't spent much time here and, someone who isn't actually interested in the future of the industry. Your entire focus of what value is , is money. That is fine, but it is hardly important to most people who are looking long on crypto, but it is very important to the people who want to hold more fiat.
author | tarazkp |
---|---|
permlink | r1omzt |
category | hive-167922 |
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"Hive is an epic failure." βDan Larimer π
author | introvertspeaks |
---|---|
permlink | re-tarazkp-r1sjof |
category | hive-167922 |
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> Have you spent much time here lately?? This seems to be looking at Hive as being the same as Steem 4 years ago - it isn't. I could not to say this any better. Reading OP makes me feel like its author has been somehow (magically) locked in time. No wonders, 5 posts in last THREE years... π Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@onealfa.leo/re-tarazkp-jsrrr)
author | onealfa.leo |
---|---|
permlink | re-tarazkp-jsrrr |
category | hive-167922 |
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created | 2021-10-28 09:12:51 |
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tarazkp | 0 | 338,206,530,582 | 5% | ||
azircon | 0 | 838,358,794,693 | 5% | ||
regenerette | 0 | 4,738,507,846 | 29.1% |
Oh don't worry about that I have been keeping an eye on Hive. I am curious though, you think Hive is thriving atm?
author | futurethinker |
---|---|
permlink | r1omof |
category | hive-167922 |
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Locked in time and too narrowly focused on direct earnings, not indirect value creation.
author | tarazkp |
---|---|
permlink | r1okh5 |
category | hive-167922 |
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empress-eremmy | 0 | 39,809,848,210 | 50% | ||
vaipraonde | 0 | 197,282,206 | 7% |
> I started out with about 6000 Hive and since then I grew my stack in other blockchains which is more than most of the top 21 block producers who have powered up all their block earnings such as @themarkymark (currently he has 1,043,992 HIVE). If you think Hive is the only thing I am invested in, you are mistaken.
author | themarkymark |
---|---|
permlink | re-futurethinker-r1oydd |
category | hive-167922 |
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stimialiti | 0 | -21,629,834,601 | -100% | ||
enforcer48 | 0 | 87,073,761,075 | 10% | ||
alex-rourke | 0 | 10,144,227,333 | 100% |
I think what matters most for Hive is its decentralized fundament. It might not be worth/gain much in the short-term, especially compared to all the meme-coins, nfts etc. but the fundament of Hive is solid & strong. As this world continues to drift more and more into censorship and centralization, Hive might be one of the lights in the dark; a bastion of true decentralized community & friendship. With this said, you're probably right that people involved here most likely could have made a lot more in other projects, but that's just how it goes. Personally, I'm grateful for the stability that Hive provides within my life. I'm not a billionare yet, but that would be boring anyway... :P <sup><sub>Posted via [inji.com](https://inji.com/hive/@therealwolf/92539593-a35d-4312-964a-4b6219327ed0)</sub></sup>
author | therealwolf |
---|---|
permlink | 92539593-a35d-4312-964a-4b6219327ed0 |
category | hive-167922 |
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There is a reason I put 5g towards Hive delegation power ontop of the 10g I put into the second layer of Hive recently (admittedly I consolidated into SPL nfts and saw even greater returns lol). Hive is pretty solid in price and under a dollar I think its a steal. I have been extremely vocal about the flags by top stake holders on anti authoritarian content especially towards anti bill gates medical procedures. Solutions not problems is what I have been told my whole working life working as corporate union Stagehand. Hive can present just as many solutions as problems. I need help or advice in a solution I see that could help Hive but I am a simple dreamer normie... Is there a way a proposal can be written up to have the community create a sps:bee or sps:hive pool or a way that the community can airdrop sps to Hive staked holders? This way to incentivize Staking Hive and to support a business on the blockchain that is helping Hive grow?
author | dynamicsteemians |
---|---|
permlink | re-therealwolf-r1sfze |
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>Is there a way a proposal can be written up to have the community create a sps:bee or sps:hive pool or a way that the community can airdrop sps to Hive staked holders? This way to incentivize Staking Hive and to support a business on the blockchain that is helping Hive grow? This is an interesting take. And honestly it could be an interesting solution of hive lacking fees. To frame it a different way, they could ask fees from the layer 2 applications and then add these to the interest of hive users. However, this could make it massively unattractive for layer 2 application builders and it doesn't solve a lot of other problems such as decentralization. But could be a step in the right direction.
author | futurethinker |
---|---|
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>Is there a way a proposal can be written up to have the community create a sps:bee or sps:hive pool or a way that the community can airdrop sps to Hive staked holders? This way to incentivize Staking Hive and to support a business on the blockchain that is helping Hive grow? This is an interesting take. And honestly it could be an interesting solution of hive lacking fees. To frame it a different way, they could ask fees from the layer 2 applications and then add these to the interest of hive users. However, this could make it massively unattractive for layer 2 application builders and it doesn't solve a lot of other problems such as decentralization. But could be a step to the right direction.
author | futurethinker |
---|---|
permlink | r1wrns |
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> I'm grateful for the stability that Hive provides within my life. I'm not a billionare yet, but that would be boring anyway... :P Haha, I'm with you on the gratefulness part, gratefulness to where we are brings us far. <3 >you're probably right that people involved here most likely could have made a lot more in other projects haha while this is true, as I lived it myself, it was part of the point I was trying to make, is that looking purely at economic value, Hive hasn't been able to attract much. Which brings me to my next worries about the fundamentals. >but the fundament of Hive is solid & strong. Hive is trying to become an applications blockchain. While there are many pure DPOS chains out there who are already tried to become one, but have not gained much attraction. There are no pure DPOS chains that have reached the top 20 in market cap. Which is very worrying, and at the same time maybe a sign that DPOS is broken? EOS has fallen off from top 10 to top 44. Also about the decentralization of this chain, I can give arguments on why it's not really decentralized (I have touched on this in the post, but you're willing to discuss this, I'm game haha).
author | futurethinker |
---|---|
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> As this world continues to drift more and more into censorship and centralization, Hive might be one of the lights in the dark; a bastion of true decentralized community & friendship I hope this is sarcasm, if it isn't, then you probably need to unplug sometimes to see what the real world is like outside of this echo chamber π
author | introvertspeaks |
---|---|
permlink | re-therealwolf-r1sk8q |
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> *As this world continues to drift more and more into censorship and centralization, Hive might be one of the lights in the dark; a bastion of true decentralized community & friendship.* That may be the mythology, or maybe even the goal of Hive - but it is **FAR** from what is actually offered here, where a few folks (azircon, altleft, curangel, acidyo, ocd being some of the main ones) actively attack, down-vote, and do everything they can to make this place just as censored as FB or Twitter. Just because it isn't centralized *Hard Censorship* (straight deleting posts & accounts) doesn't make it any less of the central control (stake) driving people (creators & consumers) away from the platform, and showing that all that matters here is kissing the ass of whales. Luckily, there's still a few whales with principles here, but it seems like they're all going more and more inactive, or leaving the platform completely. I only recommend Hive to folks interested in playing Splinterlands or throwing out their art/music - as it is most certainly **not** a place for journalism, research, or others wanting to push the conversation and get away from censorship. It's unfortunate, and I was definitely among the hopeful when we forked from Steem, but it's become clear that while the chain is more (economically) alive than it was under StInc, it has also given up any real pretense of being a decentralized or censorship-free/resistant platform.
author | kennyskitchen |
---|---|
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HIVE!D 
author | frankbacon |
---|---|
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>That may be the mythology, or maybe even the goal of Hive - but it is FAR from what is actually offered here, where a few folks (azircon, altleft, curangel, acidyo, ocd being some of the main ones) actively attack, down-vote, and do everything they can to make this place just as censored as FB or Twitter. What you said here, I couldn't have said it better. I wanted to add that just the fact that posts can be hidden here by downvotes (even though they are not deleted) is already a form censorship of information oppression. I think Dan's thesis was that the community would be able to monitor harmful content (I would call this decentralized censorship). I think his thesis was the more decentralized downvotes are the less it looks like censorship. He did not realize at the time that because stake is centralized because a small % of the population owns a portion of the wealth , big downvotes are more centralized. This platform might be better than 1 govern body being able to censor, but still the censorship power is in the power of the wealthy.
author | futurethinker |
---|---|
permlink | r1wq5w |
category | hive-167922 |
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> Friendly user journey On this point I can be short, I think you all have a feeling this is not user friendly at all. The signup, the key management, learning how to include images and other links into the posts, not user friendly. After coming back in 4 years I am surprised not much has been done to improve on this. I tried to embed a Twitter link for example by just copy pasting the link, but it didn't work. While on other social platforms this a given now. As a content creator this has always been my biggest grief with steemit and now hive, the average boomer who watches youtube is not equipped to even handle a standard bitcoin wallet, never mind grasp the idea of HIVE as a currency or how to turn it into USD which is what they really care about at first. Over time they will develop a feel for crypto and want to keep it in HIVE or BTC or whatever. The on boarding process is the hardest part, and the most important part. Your criticism though about twitter links not embedding is def not true, I use HIVE for my show every night and the twitter links always embed perfectly. Go through any of my hundreds of "show notes" posts and see. HIVE should focus on promoting and recruiting content creators and people who on board new users to the platform. Pew Die Pie at one point brought a ton of new people to dlive, but HIVE has never had any major players promote it.
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