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RE: LeoThread 2023-07-28 14:56

It would have to be a payout situation like I have on HiveHustlers or something where you would have a winning pool that would be distributed to the token holders. Could be done though. That’s if you keep it on Hive

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Yeah in this instance Dave would be the trusted entity since dealing with relatively small amounts (he has a trusted rep on Hive). But something to consider in the future once the Spk smart contracts are live.

Not that I don’t think Dave isn’t a good dude, but yeah it would have to be small circles. Just saying if you wanted something like that to scale then it would have to be done in a trustless way.

Yeah for a full blown betting platform, that would have to be built using smart contracts. Agreed there.

Yeah like on a small scale, he could create a Hive account and call it bettingpool or something like that so that at least people could track the inflow and outflows on the blockchain.

I want to keep it on $HIVE... $HBD actually

I could hold their HBD in savings at collect 20%..

In facts keep it on threads

There just isn’t a good trustless way to do it on Hive due to the lack of smart contract functionality, whereas a DAO on Polygon can act as a multisig so it would act as security for the funds and would all be released by a vote.

Really? It couldn't be done with a HE token?

Everything on HE is sold against SWAP.HIVE unless you start a diesel pool for it, but that’s not what you want for this purpose. You can’t use SWAP.HBD in the Token Find contract because you didn’t issue it.

that’s why I have had to do all of that kind of stuff in chains like Polygon or BSC. HE is limited in its abilities and is expensive to use with the BEE costs.