That's a perfect explanation of why PoS has benefits over PoW. Like you, I also do believe in the need for a strong community around a blockchain. A community that is able to communicate with each other. And also I do believe that any crypto project that wants to survive the length of time, benefits from creating the community first whilst keeping the speculators away from buying the token. That said, in our HIVE ecosystem we may have a 'large' community, however also see two things that may be far from optimal: 1) only a small part of the users are active users and 2) distribution of power is not that large looking at the distribution of 60 to 80% of the HP. I somehow like projects such as 'Pi', which gives all miners a truly equal playing field (tap or finger mining as I call it). With almost 20 Million users mining, we can definitely talk about massive decentralisation.
With the Speak network you guys are planning, you plan to distribute tokens to the community. That in itself is wonderful. However, the (stake) distribution of the tokens will be relatively small, not better than HIVE itself. What is your view to further distribute stake in the Speak network?
ps Since last week 3Speak is becoming almost impossible to access. The Desktop App is not loading any content, and the online version is coming up with nothing other than an error page. Are you guys planning to post something in eg the @threespeak channel to inform us what is happening and when you plan to solve the issues?
-Speak network distribution.
The initial start will be the 1 for 1 drop to Hivers, so the initial supply will be the same as Hives at the time of the snapshot. From there, Hivers can power up those miners and mine for SPK. SPK's token system will live on Hive (one day), and thus you cannot "Justin Sun" attack the network by purchasing SPK. You'd need to attack Hive itself to take over the token system. In any protocol, giving the ability to self-host is the nuclear option for content. However, with a token system, you 100% need a distributed system with active participants. Therefore the SPK tokens will be as safe as Hive one day, in theory. Of course, this will require a layer 1 change to Hive, something we can only build the take for, and then try and convince the community why it's ideal to vote on such an upgrade. But I'm pretty sure most around here want SMT's :)
SMT's has been talked about for a very very very ling time, but still no progress in that direction as far as I know. Others want Smart Contract support instead of SMT's. Maybe we need both, I don't know. What I do know is that we need to progress with either or, or both. HIVE is falling behind the market. One of the reasons why the last original HIVE (Steem) users from back in 2016 when all started, are powering down and leaving. I know of one of such users, a mini-whale, he lost confidence. This guy is in crypto for the quality projects and was hoping with HIVE we could become better than what we were before. Recently he told me: I lost my last bits of hope and started to power down. Such a shame!
EDIT: I just received the link to the packaged version (https://github.com/3speaknetwork/3Speak-app/releases). Maybe the link at the bottom of the spknetwork website may be changed to this one? Still not seeing any videos in the app though. IPFS is having more than 500 peers and some considerable traffic out is going. I'll be checking further with the tech team at Discord to try and solve this.
The desktop app isn't loading any contnet? That must mean those creators did not post the content to IPFS. We plan to bridge the web app with the desktop app more and encourage users to use all the features more. Right now the web app is experiencing an issue with anti-virus and browsers, the site is fine its just a certificate. Right now if you want to upload, you can using the desktop app. The web app should be resolved soon
The Desktop App worked before, when release 11 was out. This has been replaced by a new release. Unfortunately no install file for Mac is provided. Last 4 hours I tried to manually package the release 12. Had to install Xcode (for N-1 MacOS release this is not straightforward), then Homebrew... and then the commands as per 3Speak readme at Github resulting in errors with one of the packages: 'electron'.
I wonder why for Mac users an install package is not provided for? Since the .tv service is not working, Mac users don't seem to be able to connect to the 3Speak service anymore, not online, not through Desktop App. Its not for me to upload video's, but for my daily curation in the music section of HIVE in which quite a few users use 3Speak. The unfortunate effect is: I can't curate any of the 3Speak posts anymore. Very unfortunate for those who use the service last days.
I do realise devs need to do things to progress the service. But what I find truly annoying is the fact a service that HIVE users do really on, is not available anymore. Added to that, one need to be a true dev to make it work. This is harming the use of this service, and at the same time it is harming HIVE. Any none-HIVE user trying to open a 3Speak video when browsing HIVE posts, will potentially be a lost user for 3Speak and for HIVE.