create account

Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism by taskmaster4450

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @taskmaster4450 ·
$73.42
Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism
Have you seen what is happening with the **Waves** blockchain and its stablecoin?  This is starting to garner some attention as the peg broke and a lot of money is at risk.

It is a rather interesting story beginning many to question the validity of **algorithmic driven stablecoins**.

In this article we will detail what took place and how Hive is in a different situation.

![waves.png](https://images.hive.blog/DQmTgiLiydVFjMm8iWFPGtZwHARn5jXjX3cJJntUawkPg3X/waves.png)

### UDSN Massive Printing

For those who are unaware there was a massive amount of printing of USDN which many are claiming is de-stabilizing the entire Waves ecosystem.  It pushed the price down to 81 cents, motivating the article above to be written (it since bounced back to 92 cents).

So what was really happening?  An anonymous individual online did some research and this appears to be what was taking place.

<center>![waves.png](https://images.hive.blog/DQmfXaRKpPhBoxqsBzyGrUZJVgHoKQyPyHJzfzuWK16efvH/waves.png)
[Source](https://blockworks.co/algorithmic-stablecoin-usdn-is-on-the-brink-of-failure/)</center>



The question is what protections are in place with Hive and what are some of the differences?  Let us take a look at the situation and how Hive is structured in a different manner.

### Tokens

Waves uses three tokens.  **WAVES** is for their gas fees while USDN is the stablecoin.  There is a third token that is used for governance.  Here we see the first issue.  There is no reason to hold WAVE other than for an assortment of gas fees and speculation.

HIVE has utility.  To start, it is the governance token so staking it (powering up) is a way to gain influence.  Like WAVES, it is also the what allows people to engage in the blockchain.  Finally, it allows for directing of the rewards pool since one can curate content based upon their HIVE that is staked.

There is a reason to hold HIVE, keeping it off the open market.  It is why 40% of HIVE is locked up.  We also have a 13 week power down period which also acts to secure the blockchain.

### Founder's Stake

In this situation, there are accusations this is coming from the founder, or at least someone close.  The fact there is a corporation behind WAVES only adds to the problem.  When there is a large stake held by a small group of individuals, **it can be used against the chain**.  This is something Hive already experienced. 

We were seeing a lot of WAVES being converted.  When the process started, someone started to convert WAVES.  Where did it come from?  It is opined the founder's were pumping the price to be able to cash in.  Hard to know exactly what is happening but this cannot occur on Hive.

The founder's stake was locked up in the Decentralized Hive Fund and cannot be used against the blockchain.  In fact, as we will see, it is actually helping to defend it.

### Smart Contracts

Waves is a smart contract platform.  There is a lot taking place at the base layer.  With Hive, it is the exact opposite.  What is occurring at that level is very targeted.  There are not many features available.  Everything has to build on the second layer.  Once again, this provides **enhanced security**.

With HBD, there are only a few areas that apply to it.  We see the distribution when 50/50 payout is selected.  Then we have the interest paid on HBD in savings,  And finally, there is the haircut rate where applicable. 

When looking at Waves, they have a lot more going on.  In fact, they created so many layers tied to the stablecoin it is head spinning.  Part of the stablizatioin comes from a variety of synthetics that are tied to fiat currencies.  That means their stablecoin is, at least in part, meant to be stabilized by **synthetic assets**.  

### Haircut Rule

At present, if the market cap of HBD reaches 10% of that of HIVE, the blockchain **stops printing HBD**.  It is a mechanism that is designed to slow the production of HBD if things get too far out of line.

This is being raised in the next hard fork to 30% but it is not being eliminated.  We can see a larger buffer allows for more HBD to be created.  However, since it is there, **unlimited conversion cannot take place**.

It is not something that appears to be in place with Waves.  

### HBD Stabilizer

Here is where the original founder's stake is helping to defend the blockchain.  

**HBD Stabilizer** is allocated payouts each day from the DHF to buy up HBD or HIVE on the market, depending upon where the price is in relation to the peg.  If it gets below the $1.00, it buys up HBD which is then deposited in the DAO.  This effectively locks up the HBD, removing it from the free market.  There is an emission rate hard coded that distributes the holding of the funds. 

Does this mean that the potential for this to happen does not exist?  No, there is the possibility that someone tries it.  However, to do that, it would have to come in from the outside.  An individual, or group, could some in with $40-$50 million and buy up HIVE to convert. Of course, at some point, the haircut limit would be reached, eliminating this part of the scheme.  

However, there is another area where this fall short compared to Waves.

With that ecosystem, there is a money market type application called **Vires Finance**.  This is also part of the core, meaning it could provide vulnerability to the system.  When the price of Waves goes up, the interest paid out automatically increases.  Hence, doing a pump of WAVES means the stablecoin staked is earning more.

This does not exist on Hive.  If it was available, it would have to be a second layer application.  This means it could blow up that application but have a lot less impact upon the ecosystem as a whole.

### Hive Savings Bond As A Defense Mechanism

At present, there is a savings program on Hive which pays interest.  Like with Waves, this is base layer.  The rate, however, has nothing to do with the price of HIVE.  That could moon like nothing we ever saw and the **HBD interest payout** would be the same.

It is the Witnesses who set the rate on the interest.  This is a medium of the Witnesses' rate.  The rate only changes when they decide to move it.

There is another aspect to this we discussed over the last few months.  The **Hive Savings Bond** is the idea of using the time locked capability of Hive.  Under this scenario, one takes the HBD and agrees to lock it up for a certain period of time in return for a higher interest rate.  For this discussion, we will use 1 year and 25% interest.

What if we did encounter the situation where there was just too much HBD out there.  In spite of what was mentioned here, what if there was still a massive amount of **liquidity** that was deemed a threat.

Hive Savings Bond would provide the Witnesses with one more tool.  Want to dry up liquidity?  Provide a large enough incentive to lock it up.  Thus, the Witnesses could form a defense by moving the interest on a 1 year time lock to, say, 40%.  Here we see the incentive to pull HBD off the open market and lock it away.  This would dry up the liquidity while providing the time to allow things to settle down.

As the liquidity dries up, the rate could be lowered.  It would also provide the blockchain time to grow even more to absorb the extra liquidity.

### In Closing

Hive is fortunate we are still operating under the radar.  We are able to watch other projects operate in a similar fashion and experience the attacks.  This ecosystem went through it a couple years ago, only to come out stronger.  As others pave the way, we can learn from what they go through.

It seems the key is to keep building **layers of defense**.  The best is a strong community that is willing to step in and project what they view as home.  This is what many refer to as "Layer 0".  Hive certainly has this.

Nevertheless, we can keep adding in more options to be utilized should the need arise.  When there are more choices, it can make attack that much more difficult.  At the same time, it can help to reduce the profitability of such a move, further reducing the incentive for one to undertake it.

Having a portion of the base layer tokens locked up for periods of time provides a great deal of security.  Those tokens cannot be used against the chain.  With HIVE powered up or HBD put in a time locked account, this effectively removes it from the free float.  It is as if they tokens do not exist, at least until released.

A major component to all this is time.  Anything that can slow down attackers is helpful.  Often, their success comes from doing things before anyone can respond.  With Hive we are building in those defenses that will lessen the appeal of attack.  Can it happen?  Sure.  But if it is so much of a pain in the hind end, the incentive is further reduced.

It appears Waves did not have safeguards in place.  Of course, if the founders are behind this, then we can see why.

___
If you found this article informative, please give an upvote and rehive.



https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/doze/MkkDNhyH-2020_04_13_16_57_48.gif

gif by @doze

![screen_vision2025_1.png](https://images.hive.blog/DQmXEv6MvKTCurBzSdbKjWzFadJwfJfJfmA2We9EwD5q5Vb/screen_vision2025_1.png)

logo by @st8z


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450/why-hive-is-protected-unlike-waves-and-hive-saving-bond-as-a-defense-mechanism)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 602 others
👎  ,
properties (23)
authortaskmaster4450
permlinkwhy-hive-is-protected-unlike-waves-and-hive-saving-bond-as-a-defense-mechanism
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["waves","hive","ctp","vyb","proofofbrain","leofinance","neoxian","mancave","archon","cryptocurrency","hbd"],"canonical_url":"https://leofinance.io/@taskmaster4450/why-hive-is-protected-unlike-waves-and-hive-saving-bond-as-a-defense-mechanism","links":["https://blockworks.co/algorithmic-stablecoin-usdn-is-on-the-brink-of-failure/"],"image":["https://images.hive.blog/DQmTgiLiydVFjMm8iWFPGtZwHARn5jXjX3cJJntUawkPg3X/waves.png","https://images.hive.blog/DQmfXaRKpPhBoxqsBzyGrUZJVgHoKQyPyHJzfzuWK16efvH/waves.png","https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/doze/MkkDNhyH-2020_04_13_16_57_48.gif","https://images.hive.blog/DQmXEv6MvKTCurBzSdbKjWzFadJwfJfJfmA2We9EwD5q5Vb/screen_vision2025_1.png"]}
created2022-04-05 13:52:27
last_update2022-04-05 13:52:27
depth0
children28
last_payout2022-04-12 13:52:27
cashout_time1969-12-31 23:59:59
total_payout_value12.286 HBD
curator_payout_value61.136 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length9,423
author_reputation6,674,212,468,436,471
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries
0.
accounttaskmaster4450le
weight8,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id112,014,570
net_rshares105,110,562,334,229
author_curate_reward""
vote details (668)
@amirtheawesome1 · 
I am not too savvy when it comes to these things, but I think I understand what you're talking about here.

Overall, it's just good to know that we have precautions for these events. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@amirtheawesome1/re-taskmaster4450-7pw4nq)
properties (22)
authoramirtheawesome1
permlinkre-taskmaster4450-7pw4nq
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@amirtheawesome1/re-taskmaster4450-7pw4nq"}
created2022-04-05 22:05:54
last_update2022-04-05 22:05:54
depth1
children0
last_payout2022-04-12 22:05:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length291
author_reputation230,128,116,166,108
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,027,517
net_rshares0
@beerlover · 
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @taskmaster4450, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Do you want to <a href='https://friends.beersaturday.com/hive'>win <b>SOME BEER</b> together with your friends </a> and draw the <code>BEERKING</code>.</p> </center><div></div>
properties (22)
authorbeerlover
permlinkre-taskmaster4450-why-hive-is-protected-unlike-waves-and-hive-saving-bond-as-a-defense-mechanism-20220405t141044782z
categoryhive-167922
json_metadata{"app":"beerlover/2.0"}
created2022-04-05 14:10:45
last_update2022-04-05 14:10:45
depth1
children0
last_payout2022-04-12 14:10:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length522
author_reputation25,782,713,665,946
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,014,967
net_rshares0
@bitcoinflood ·
$0.03
I think you nailed a good point in the conclusion. In business in general you never really want to be the first person to do something. 

A famous quote goes "You can always spot the pioneers by the arrows in their backs" - William H. Calvin

It's meaning is by being the first to do something a "innovator" You take all of the risks, costs, expenses and building it. Just for someone else to come along and nearly copy it and launch it themselves.

First movers have around a 50% success to failure rate who are the first to sell the new innovation while a fast follower only has a 10% failure rate and these are people that are watching all of these other projects launch, learning from them and then building what they feel is a optimized version of it. It's far less expensive. 

Hive being under the radar right now puts it in this spot. It has less "risk" and a lot of potential to be watching others mistakes and failures and seeing if they apply here and to fix or make them better.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitcoinflood/re-taskmaster4450-3atn3g)
👍  
properties (23)
authorbitcoinflood
permlinkre-taskmaster4450-3atn3g
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@bitcoinflood/re-taskmaster4450-3atn3g"}
created2022-04-05 16:48:09
last_update2022-04-05 16:48:09
depth1
children0
last_payout2022-04-12 16:48:09
cashout_time1969-12-31 23:59:59
total_payout_value0.013 HBD
curator_payout_value0.013 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,095
author_reputation1,645,024,977,979,240
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,019,329
net_rshares24,252,739,616
author_curate_reward""
vote details (1)
@bozz ·
$0.08
Very interesting.  Those are some really good points and a very thorough comparison of the two chains and what is currently going on with WAVES.  I saw a news story the other day where the government is trying to pass a bill that will "require" stable coins to be backed by USD or some other fiat.  I just had to laugh.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bozz/re-taskmaster4450-2qrxjx)
👍  
properties (23)
authorbozz
permlinkre-taskmaster4450-2qrxjx
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@bozz/re-taskmaster4450-2qrxjx"}
created2022-04-05 14:42:09
last_update2022-04-05 14:42:09
depth1
children1
last_payout2022-04-12 14:42:09
cashout_time1969-12-31 23:59:59
total_payout_value0.041 HBD
curator_payout_value0.040 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length418
author_reputation2,256,609,614,627,019
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,015,811
net_rshares71,004,736,168
author_curate_reward""
vote details (1)
@taskmaster4450le ·
$0.05
Yes on a decentralized chain, that is laughable.  They really do not get it.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-bozz-4ns1py)
👍  
properties (23)
authortaskmaster4450le
permlinkre-bozz-4ns1py
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-bozz-4ns1py"}
created2022-04-05 16:10:51
last_update2022-04-05 16:10:51
depth2
children0
last_payout2022-04-12 16:10:51
cashout_time1969-12-31 23:59:59
total_payout_value0.027 HBD
curator_payout_value0.027 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length175
author_reputation2,178,571,032,627,408
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,291
net_rshares48,754,801,185
author_curate_reward""
vote details (1)
@cryptoandcoffee · 
I am more comfortable every day on Hive when you see what others are experiencing. Hard lessons learned that make you stronger.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptoandcoffee/re-taskmaster4450-5thri5)
properties (22)
authorcryptoandcoffee
permlinkre-taskmaster4450-5thri5
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@cryptoandcoffee/re-taskmaster4450-5thri5"}
created2022-04-05 21:57:39
last_update2022-04-05 21:57:39
depth1
children0
last_payout2022-04-12 21:57:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length235
author_reputation3,618,986,402,479,003
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,027,326
net_rshares0
@devpress · 
Interesting part is that there is literally no other blockchain that is offering this savings interest feature. I mean we already know about staking but who maintains both stablecoin and main coin while giving interest for the stablecoin? Hive definitely would be getting a lot of attention purely because of the stablecoin interest feature.
properties (22)
authordevpress
permlinkr9vr7d
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2022-04-05 18:54:51
last_update2022-04-05 18:54:51
depth1
children0
last_payout2022-04-12 18:54:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length341
author_reputation55,061,325,071,240
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries
0.
accounthiveonboard
weight100
1.
accounttipu
weight100
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,022,755
net_rshares0
@galberto ·
$0.08
wow I had no idea that the ninja stake was protecting our community, thanks for the clarification,

I am sure that if our hbd remains stable it is a gain, although some of us wish we could go back to the times of the old chain when the sbd was worth US$16.00 but we learned that this is not sustainable and could generate big losses.

I think the 12% interest in the deposits is a very good thing that helps us all, I still have some small pile of hbd that is there accumulating slowly and very slowly,

Hopefully one day this will help us to either create more hive offs or have it as a great savings plan.

I didn't know about the waves problems, hopefully that won't happen to us as we spend 90% of our time consumed on hive and its alternate layer 2 chains which are a great way to spend our time.

Greetings sir and thanks for keeping us informed.
👍  
properties (23)
authorgalberto
permlinkre-taskmaster4450-r9vh0w
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.04.1"}
created2022-04-05 15:15:00
last_update2022-04-05 15:15:00
depth1
children1
last_payout2022-04-12 15:15:00
cashout_time1969-12-31 23:59:59
total_payout_value0.041 HBD
curator_payout_value0.040 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length855
author_reputation318,185,918,145,563
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,016,694
net_rshares70,957,369,075
author_curate_reward""
vote details (1)
@taskmaster4450le ·
$0.07
The ninja minded was locked up during the split.  That is where the DHF came from.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-galberto-4dfphs)
👍  
properties (23)
authortaskmaster4450le
permlinkre-galberto-4dfphs
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-galberto-4dfphs"}
created2022-04-05 16:11:51
last_update2022-04-05 16:11:51
depth2
children0
last_payout2022-04-12 16:11:51
cashout_time1969-12-31 23:59:59
total_payout_value0.035 HBD
curator_payout_value0.035 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length185
author_reputation2,178,571,032,627,408
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,318
net_rshares62,007,376,730
author_curate_reward""
vote details (1)
@idiosyncratic1 ·
$0.08
I had been holding Waves since 2017 and I enjoy the products of Waves blockchain. On the other hand, I had some investment in Vires until the day I received %104 APR for my stablecoin investment.

What happened in the blockchain was the shorting campaign by Alameda team (FTX Exchange) according to Sasha, the founder of Waves. The FUD was created via depegged USDN (around it was $0.97) but there is another token on Waves named NSBT to stabilize the peg on https://neutrino.at/.

Both FUD and the drop in price took the problem into another level when Sasha shared a proposal to liquidate Alameda's $80M of USDC USDT investment. Long story short, the vulnerable mechanism and low liquidity of the peg was destroyed with FUD and manipulation (according to Waves team).

Hive does not have such risks as the inner mechanism is already built considering such actions as you mentioned. I think more use cases for HBD and more stablecoin pools will help us keep in stable on CEXs, as well. ✌

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@idiosyncratic1/re-taskmaster4450-yf7be)
👍  
properties (23)
authoridiosyncratic1
permlinkre-taskmaster4450-yf7be
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@idiosyncratic1/re-taskmaster4450-yf7be","links":["https://neutrino.at/"]}
created2022-04-05 16:05:27
last_update2022-04-05 16:05:27
depth1
children1
last_payout2022-04-12 16:05:27
cashout_time1969-12-31 23:59:59
total_payout_value0.040 HBD
curator_payout_value0.040 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,094
author_reputation497,306,936,152,539
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,171
net_rshares70,822,195,619
author_curate_reward""
vote details (1)
@taskmaster4450le · 
Thanks for the clarification.  I did not know the details, only go based upon what is out there.

The key, as you mentioned, is there are mechanisms built into Hive that are helpful in defense of the chain. For this reason, we are standing on firm ground.  Of course, we have to be ever mindful of pitfalls and do what we can to help in preventing them.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-idiosyncratic1-5hztgh)
properties (22)
authortaskmaster4450le
permlinkre-idiosyncratic1-5hztgh
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-idiosyncratic1-5hztgh"}
created2022-04-05 16:15:39
last_update2022-04-05 16:15:39
depth2
children0
last_payout2022-04-12 16:15:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length462
author_reputation2,178,571,032,627,408
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,428
net_rshares0
@jerrythefarmer · 
This is a really great explanation. Thanks for that.

While researching Terra the other night I saw a lot of the same mechanics HBD and Hive are using.

When the peg is broken in the negative direction APY is increased to take UST off the market. When the peg is broken upwards LUNA holders can exchange LUNA for UST in terms of dollars meaning that 1UST in this exchange is worth $1.

This gives you a minor margin to sell some LUNA and then dump UST at a profit bringing the price down in the process.

It's good to know HBD is protected by a very similar mechanism. Almost like Terra copied HBD lol

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jerrythefarmer/re-taskmaster4450-aqnqr)
properties (22)
authorjerrythefarmer
permlinkre-taskmaster4450-aqnqr
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@jerrythefarmer/re-taskmaster4450-aqnqr"}
created2022-04-06 10:04:33
last_update2022-04-06 10:04:33
depth1
children0
last_payout2022-04-13 10:04:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length707
author_reputation39,419,153,570,349
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,040,978
net_rshares0
@jfang003 · 
Just wondering, wouldn't the 3.5 days from conversion also be a protection mechanism? The price is the average so it also protects the price.

Also, does the lack of liquidity matter much? The stabilizer helps price and putting HBD away only locks away supply. So wouldn't the price swing more and stay away from the peg for longer?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450-46cqla)
properties (22)
authorjfang003
permlinkre-taskmaster4450-46cqla
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-taskmaster4450-46cqla"}
created2022-04-06 06:15:54
last_update2022-04-06 06:15:54
depth1
children0
last_payout2022-04-13 06:15:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length433
author_reputation638,268,559,151,210
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,036,709
net_rshares0
@mattclarke ·
$1.00
Same with Splinterlands offering us the chance to lock cards. There are tools we can only build because we have the option to lock cards.
👍  , , ,
properties (23)
authormattclarke
permlinkre-taskmaster4450-r9wtbc
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.04.1"}
created2022-04-06 08:38:06
last_update2022-04-06 08:38:06
depth1
children0
last_payout2022-04-13 08:38:06
cashout_time1969-12-31 23:59:59
total_payout_value0.502 HBD
curator_payout_value0.498 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length138
author_reputation127,494,657,382,255
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,039,374
net_rshares892,043,940,862
author_curate_reward""
vote details (4)
@mba2020 · 
What I do not understand is why have so many coins? Why have a governance token, the main token, a stable coin? Wouldn't it make more sense to have one token that does everything? 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mba2020/re-taskmaster4450-5qs3lf)
properties (22)
authormba2020
permlinkre-taskmaster4450-5qs3lf
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@mba2020/re-taskmaster4450-5qs3lf"}
created2022-04-06 02:43:30
last_update2022-04-06 02:43:30
depth1
children0
last_payout2022-04-13 02:43:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length280
author_reputation5,773,104,590,166
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,033,430
net_rshares0
@mykos · 
I would have never thought people who lack intelligence and who occupy the crypto space could exist in the same world. I'm proven wrong day after day. It isn't that complicated. No matter what type of algorithim gets produced to perform what task...the community of users is the most important thing.

The consensus is the community is there. As much as i hate ethereum until someone overtakes it or chips away from this marketcap enough to cripple it...They have 100 million users. That's what matters. The math of the algorithim can be the shittiest algorithim in the world and it can still work because they have massive growth. Means more money and value is going to come in and sustain the markets.. Which that type of network you can kick this can down the road for a long long time.


The problem is when waves tries.. this.. hive tries this...steem tries this and all these other small communities of people who don't know what they are doing. That's the problem. That you all don't seem to understand that the value sir.. lies in not if onealpha or marky mark or some extreme whale who represents no economic prosperity or effect to the chain or can bring in new money doesn't create economic prosperity thus they do not create incentive to join sir.

Am i getting through to you all. That why keep focusing on the algorithim figure out how to get people to talk about hive and just go i must join this because it is the future. Then you can update and fork and create any algo you want and it will work. Why not just focus directly on the problem instead of continually trying to find ways for 5 to 10 of you guys to keep your few pennies and control of this chain.

When are intelligent people coming to crypto? Will someone please tell me that? So far the only intelligent people i know of in this entire space so far is.. Vitalik .. which i'm dissapointed in him as well but by him having an economics background before coding he knows the pitfalls which most in crypto clearly don't know. Or they just focus on making themselves rich either way the show ends at some point.

The only other person i know who really really gets it is richard heart of pulse chain and at some ponit in the future he will become very close to fixing the problem. The third person is myself with bitcoin myk. that's it the rest of you all spinning wheels and in complete darkness.

You still believe tampering and fumbling with these algorithims going to solve problems around here. THey are not going to solve the problem just a coder and developer wetdream around here and they aren't even the best coders in crypto. other chains code is much more complex and difficult that may or may not be an insult or it may just be the truth.

That's why hive needs to focus on getting in the minds and hearts of the people.

Hive is on a similar course like waves neutino it really is. i can see it.. Maybe not as disastrous but on the road to failure just as well.

The value is in the community and the users thus the value.. the actual intrinsic value is in the physical manifestation of the people of the network and what gets them here. I said the people not the one whale who throws some money around to make it seem there is value. I mean an actual valuable network of users with the potential to create more users.. thats not really what i see happening on hive.. these numbers and developments are small in fierce competition where daily someone is chipping away at someones market share.

it doesn't matter if it takes 5 years or 10 years bitcoin myk can grow to billions of users. We understand people and we understand the market. You can't create systems like this by forming many small high risk companies.

You all aren't steve jobs.. you can't add trillions to a market place because unlike steve jobs he understood what it took to do that. the only person who really had the tech and network and fought viciously to have it.. You all don't understand nor have any of that. So unless it's a complete accident how you all going to get there?

You certainly can't do it without something like bitcoin myk and that's just the truth. what is the potential for a billion people to join bitcoin myk over hive.. it is huge..most of the world is never going to care about hive. it shouldn't because hive doesn't care about much of the world. that's how it works.

to create alot of value you gotta help alot of people. steve jobs helped alot of people with that iphone., lol. who is hive helping? it's not doing enough and bitcoin myk with the citizens dividend will do so much better. THe price doesn't matter the size of the network matters. whether the value goes up or down doesn't matter.. the size and liquidity of the network matters.

the reason you all hope your coins will do these quick pumps and you can sell out and leave someone holding the bag is because you all know it's not as valuable as you think.. lol. so you don't wanna hold it really or use it..you wanna get rid of it.

billions of people collecting a citizens dividend on bitcoin myk means at some point the price stabilizes and the liquidity rises.. it doesn't matter what the price is.. you can earn off yields and have incentive to collect it substantially changing the economy.

Now nobody should have to tell you all that. Crypto should be the smartest people in the world it isn't. in fact it has some of the dumbest people in the world. People out in the real world are smart enough to avoid crypto because they see alot of this lack of intelligence so they aren't joining until they see crypto projects that do things that make sense.

these ponzi scheme pyramid schemes are not going to cut it.. you gotta find a means more valuable to people than that. like use and an image of i'd rather have my citizens dividend each month than have a high risky speculative investment..You're going to convince billions of people of that before you convince 5 million people to join hive or waves etc.,

i don't know how else to say it to you all.  you're wasting your time and it's weird and strange. i got a feeling you guys will look back and see how big bitcoin myk with bbd coin becomes. it's going to be of no surprise to me but of you all i'd imagine it will be, lol. i can do that quite frankly because i'm just much smarter than you guys

tha'ts not a boast i believe you all will soon see it's reality

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mykos/re-taskmaster4450-da1jy)
properties (22)
authormykos
permlinkre-taskmaster4450-da1jy
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@mykos/re-taskmaster4450-da1jy"}
created2022-04-07 13:47:18
last_update2022-04-07 13:47:18
depth1
children0
last_payout2022-04-14 13:47:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length6,474
author_reputation-5,400,515,283,490
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,079,243
net_rshares0
@mypathtofire · 
Isn't Waves an official Ponzi scheme? They would need continuous market cap growth to keep the system stable.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mypathtofire/re-taskmaster4450-6vails)
properties (22)
authormypathtofire
permlinkre-taskmaster4450-6vails
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@mypathtofire/re-taskmaster4450-6vails"}
created2022-04-05 16:54:15
last_update2022-04-05 16:54:15
depth1
children0
last_payout2022-04-12 16:54:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length214
author_reputation606,092,842,227,434
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,019,544
net_rshares0
@olami99 · 
The best community so far so good is hive community because they do everything to ensure that the community is well protected and secured like others
properties (22)
authorolami99
permlinkr9vk2e
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2022-04-05 16:20:39
last_update2022-04-05 16:20:39
depth1
children0
last_payout2022-04-12 16:20:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length149
author_reputation1,542,718,523,920
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,575
net_rshares0
@oluwalokcs ·
$0.08
It is amazing to see the Hive community has put in work to prevent magomago threat, but what do you you consider about a staking hive and HBD with an apr of say 15% per annum?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@oluwalokcs/re-taskmaster4450-5fgjhv)
👍  
properties (23)
authoroluwalokcs
permlinkre-taskmaster4450-5fgjhv
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@oluwalokcs/re-taskmaster4450-5fgjhv"}
created2022-04-05 14:13:21
last_update2022-04-05 14:13:21
depth1
children2
last_payout2022-04-12 14:13:21
cashout_time1969-12-31 23:59:59
total_payout_value0.041 HBD
curator_payout_value0.040 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length278
author_reputation88,573,613,710
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,015,062
net_rshares71,058,835,973
author_curate_reward""
vote details (1)
@taskmaster4450le · 
With Hive that is not possible at the base layer.  The inflation rate is already coded in for that and to change it leads to a credibility issue.

As for HBD, I can see the witnesses moving the savings rate up after the hard fork.  That would only make sense.

I proposed the idea of Hive Savings Bonds at a 25% rate for a 1 year locked up of HBD.

Of course, what you propose can take place on Layer 2.  Applications can build a APR on the staking of either of the tokens, paying out in their own token.  That is very possible, in fact I expect it.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-oluwalokcs-nrbii)
properties (22)
authortaskmaster4450le
permlinkre-oluwalokcs-nrbii
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-oluwalokcs-nrbii"}
created2022-04-05 16:10:15
last_update2022-04-05 16:10:15
depth2
children1
last_payout2022-04-12 16:10:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length653
author_reputation2,178,571,032,627,408
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,277
net_rshares0
@oluwalokcs · 
Oh i see an upward stroke if the Staking fees and apr are adjusted . 
One would think of reverse staking as a term where you get rewarded after you stake the collated fee.
properties (22)
authoroluwalokcs
permlinkra6e6n
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2022-04-11 12:47:15
last_update2022-04-11 12:47:15
depth3
children0
last_payout2022-04-18 12:47:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length171
author_reputation88,573,613,710
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries
0.
accounthiveonboard
weight100
1.
accountocdb
weight100
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,196,170
net_rshares0
@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 100 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-99-and-start-week-100) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>11</sub></center>
properties (22)
authorpixresteemer
permlink20220405t140926091z
categoryhive-167922
json_metadata{"tags":["archon","pixresteemer"],"app":"pixresteemer"}
created2022-04-05 14:09:27
last_update2022-04-05 14:09:27
depth1
children0
last_payout2022-04-12 14:09:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length467
author_reputation121,301,353,011,137
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,014,933
net_rshares0
@rcaine ·
$0.07
Thanks for the information. I didn;t realize all of that was going on.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rcaine/re-taskmaster4450-chaa8)
👍  
👎  
properties (23)
authorrcaine
permlinkre-taskmaster4450-chaa8
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@rcaine/re-taskmaster4450-chaa8"}
created2022-04-05 15:30:45
last_update2022-04-05 15:30:45
depth1
children0
last_payout2022-04-12 15:30:45
cashout_time1969-12-31 23:59:59
total_payout_value0.036 HBD
curator_payout_value0.037 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length168
author_reputation71,492,578,717,582
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,017,175
net_rshares63,932,725,489
author_curate_reward""
vote details (2)
@rzc24-nftbbg ·
$0.11
It will take more time to digest the whole content. At least, I think I understand a portion of what you wrote. Great to see the comparison between Waves and Hive. I just have one question in mind about the role of the community to help build "layers of defense." Thinking from a Red Fish point of view, how can small players like us help provide such a defense? 


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-taskmaster4450-4kjruv)
👍  ,
properties (23)
authorrzc24-nftbbg
permlinkre-taskmaster4450-4kjruv
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@rzc24-nftbbg/re-taskmaster4450-4kjruv"}
created2022-04-05 15:42:06
last_update2022-04-05 15:42:06
depth1
children1
last_payout2022-04-12 15:42:06
cashout_time1969-12-31 23:59:59
total_payout_value0.054 HBD
curator_payout_value0.054 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length469
author_reputation129,925,478,234,350
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,017,479
net_rshares95,576,005,586
author_curate_reward""
vote details (2)
@taskmaster4450le ·
$0.03
The way smaller players can help out is to keep focusing upon HP and building that.  There is a lot to be said for protecting the governance of the chain.  The more HP smaller accounts have, making them slightly larger, the better.

Also, putting some HBD in savings helps to create more of that.  Over time, it can help build.

Finally, learn the different parts of Hive.  There are a lot of moving parts and it is not easy to grasp.  Those who take the time can be really helpful even if their stake isnt that huge.  

As they say, it all adds up.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rzc24-nftbbg-3le82h)
👍  ,
properties (23)
authortaskmaster4450le
permlinkre-rzc24-nftbbg-3le82h
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-rzc24-nftbbg-3le82h"}
created2022-04-05 16:14:27
last_update2022-04-05 16:14:27
depth2
children0
last_payout2022-04-12 16:14:27
cashout_time1969-12-31 23:59:59
total_payout_value0.018 HBD
curator_payout_value0.016 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length656
author_reputation2,178,571,032,627,408
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,018,386
net_rshares31,402,644,442
author_curate_reward""
vote details (2)
@salexa5 · 
I like the savings part of HBD.  Not so sure about what is happening with WAVES.  Not so sure with the taxes that I really care for Hive that much either.  Really don't know how Hive is going to stay under the radar when the taxes being done will surely get it know by tax professionals anyway.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@salexa5/re-taskmaster4450-4hejer)
properties (22)
authorsalexa5
permlinkre-taskmaster4450-4hejer
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@salexa5/re-taskmaster4450-4hejer"}
created2022-04-05 16:43:30
last_update2022-04-05 16:43:30
depth1
children0
last_payout2022-04-12 16:43:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length394
author_reputation765,701,964,104
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,019,172
net_rshares0
@stefano.massari · 
WAVES is a project that I have seen grow from $ 1 all the way up to $ 50. I did not expect such growth and I understand the mechanism behind this blockchain well, currently I am not willing to invest in this blockchain. Great article and thanks for sharing

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@stefano.massari/re-taskmaster4450-3xftkw)
properties (22)
authorstefano.massari
permlinkre-taskmaster4450-3xftkw
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@stefano.massari/re-taskmaster4450-3xftkw"}
created2022-04-05 18:10:24
last_update2022-04-05 18:10:24
depth1
children0
last_payout2022-04-12 18:10:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length364
author_reputation344,894,963,982,674
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,021,635
net_rshares0
@williamtboy · 
Is now I understood the work of HBD to hive. Thank you for the information boss. Means if the system print alot of HBD that is more than Hive, HBD will slow than.thank you

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-taskmaster4450-55ypz4)
properties (22)
authorwilliamtboy
permlinkre-taskmaster4450-55ypz4
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@williamtboy/re-taskmaster4450-55ypz4"}
created2022-04-05 16:40:18
last_update2022-04-05 16:40:18
depth1
children0
last_payout2022-04-12 16:40:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length275
author_reputation2,215,730,428,700
root_title"Why Hive Is Protected Unlike Waves And Hive Saving Bond As A Defense Mechanism"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id112,019,083
net_rshares0
Help/Feedback