VSC Network is currently being developed right now, funded by DHF. It aims to bridge EVM chains to Hive and one of the services is swapping other coins to Hive v.v.; it will use staked HBD as the basis of the Resource Credit for VSC network but I'm not sure if there will be additional incentive to that other than the 15% APR provided by Hive blockchain.
The other one, SpendHBD has been around for months now and it aims to facilitate circular economy by onboarding merchants to the platform and encourage them to accept HBD as payments for their products or services. This is what I'm excited about because it this becomes adopted by producers, merchants, shops, and consumers then we can have a strong use-case for HBD.
https://hive.blog/trending/spendhbd
A few years ago, there was a group of Hive users that forked the chain and get rid of the downvote feature. They still exist today and there is an active community posting. Although the token’s value is low there are still active users posting.
There was a time when their platform was bombarded by spammers and I believe they fixed it by preventing the spam accounts from posting or commenting.
Oh, I see now—they introduced transaction fees in the native token on Blurt to prevent spam.
That's just one of the things they've done to mitigate spam.
I heard some Users are not even able to comment or make post.
Oh, well, that’s unfortunate. In my opinion, it’s better to receive downvotes. Essentially, it’s the same Facebook, just wrapped in a different package.
Exactly.
I’ve come across articles about purchases made with HBD (didn’t dig into it), which is probably the SpendHBD program or its reporting part. As for the VSC Network, I understand it’s a bridge and smart contracts—cool stuff.
And about Blurt—well, if they can arbitrarily ban people from publishing content just because they consider them undesirable, then how is it any different from Facebook? Here, you can be downvoted, but no one can stop you from publishing. I don’t understand the logic behind such freedom of speech. Of course, maybe I misunderstood something.