You are viewing a single comment's thread from:

RE: What are your fears surrounding Hive and its tech?

in LeoFinance2 years ago

Their distribution idea was great but effectively rekt by the increasing eth fees at the time shooing off most "regular" people who'd mine it at home for a good distribution. Their decision to do it through eth rather than say hive was understandable considering the amount of users eth has but still failed to generate a lot of buzz to actually get a lot of unique people to mine it, I've heard and confirmed stories of people mostly mining it with amazon servers and other datacenters, some even illegally which I don't wanna get into now, but that was something thay bummed me out about it among some other things. I wish them luck and hope things go well but there's too many unfairly distributed coins out there and I stay mostly involved with hive things. The burn mechanism also doesn't seem like something innovative considering literally most Shiba copies/bsc shitcoins revolve around somw form of burning fees to transact with, I don't think that's a main selling point nor should it be but I may not know enough about the details.