I really enjoyed reading this post by @empoderat - 'three altcoins for your everyday usage- he's well worth a follow btw.
I actually went straight to Binance and bought some more AVA on the back of reading it, and I will now almost certainly aim to get the minimum 500 AVA you need to stake for some pretty decent returns.
(Although I'm in no rush to buy that much - you know Crypto, this time next week it might be slightly cheaper, and if it moons in the meantime, well I've still made a nice profit.)
I can really see the utility of a travel blockchain. I mean, it's almost as if the technology was made for it!
As to the other coins @empoderat mentioned - I liked the look of the credit card coin, I've yet to explore that, also I (honestly) got onto Uniswap and hovered my finger over the 'trade' button on the punt coin, then decided I'd rather keep my ETH - the punt had just doubled in price, which kind of put me off!
And I did promise myself I wouldn't repeat 2017 with the alts - but I've already bought into RUNE and now AVA, I need to be careful!
I still think Hive is by far the most useable chain/ token
I just can't help but see Hive as being streaks ahead of all other chains in terms of utility.
I might be biased, I make my living out of 'real blogging' after all, so this may be subjective, it's useful for me.
But let's not forget what a great concept the 'Proof of Brain' principle is - only four years old and you can now you mine new Hive and its (centrally controlled) derivatives by posting text to the blockchain and other accounts vote to determine how the freshly minted Hive is distributed, based on the text you've printed (along with the visuals, beautified via various front ends).
OK OK yes, Proof of Brain is really more like 'Proof of how much HP your mates on Discord have' so it is flawed, but sometimes it works, and most people earn nothing on other social media platforms let's not forget.
Or you can power up and earn curation rewards for voting.
Or earn in a host of other ways. I mean I play mainly just three games on Hive - I'm not a gamer, but I earn more than game tokens by writing about said games and interacting with people.
All in all it's the only Chain i know that really works to link users together via on-chain text - all be it beautified by the loverly front ends DEVs have linked to said chain.
I mean, if it weren't for @leofinance I wouldn't even know about AVA.
So I might just end up transferring some liquid Hive and LEO over to buy some more AQA, and I might buy some of all three of those coins @empoderat mentioned, but I probably won't be powering down anything to do so.
Hive's my bag, hopefully not in the crypto-literal sense of the phrase for too much longer!
I feel a host of Hive and LEO shill posts coming on in the build up to Xmas, apologies in advance. It's kind of where the muse is taking me right now!
I'm using Hive every day whereas with many other coins all you can do is trade or watch the value of your stash. That does not interest me much. I like being social plus playing games. How many coins actually let you reward others? Hive's my bag too. Maybe I need a shirt with that on it :)
Couldn't agree more with that. There are many coins I hold and trade, but there's only one blockchain I use on a daily basis!
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Sounds like one for Alt Space! 'Hive's my Bag'.
I agree with you!
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Hey thanks for the mention, highly appreciated.
Take care with the punt coin because it's very risky. Diving into new coins and researching them can be a very grateful experience but also a nightmare when things don't go as expected, for that reason, I always try to stick with coins with 'defined' use cases and whenever possible a 'real' business behind (and that's the reason of my love for AVA).
That being said, It's always a good idea to 'dive in' slowly, you'll avoid 99% of the times being burned.
Enjoy the Sunday buddy :)
Well, I was so careful I didn't buy any yet!
I am Mr Gradual as a general rule, so no need to worry there!
Have a good day yourself and cheers for the post!
What d'you think of Mana btw? I bought some of that a while back, accidentally, but you can use it!
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Apart from the rewards, the speed of transactions is one thing hive has going for it. I just wish more and more people will onboard faster
You're quite right, I mean I could have gone on!
!ENGAGE 20
ENGAGEtokens.But only few months for a true community after the fork. I have gone full in hive.
It is my social media home too for sure, not a bad place to be!
!ENGAGE 20
ENGAGEtokens.Hive's my main bag as well and there's no way you'll be on hive without being exposed to the plethora of coins and projects if you're a sucker for ROI. Bless leo for this also. As for hive no chain even comes close to its use case.
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I'm sort of waiting for the world to realise how great Hive is!
Come on world!
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You're essentially saying.
I have every faith the masses will come flooding in.
People are very stupid.
Lol that's an oxymoron.
The first line implies they'll see the light.
The second line implies they can't even see.
Maybe I should have put 'stupid enough'.
This comes up quite often. Since I'm a transparency nut, I've never opened an account on Discord, or Telegram, or any of those social media. I've never been involved in a work group either, so that's another reason why I don't have accounts on those places ... since they're really designed for that type of activity. Nevertheless, the use case can always be perverted. It's shocking to think that people who have HIVE, who are on HIVE, choose to "go off" HIVE for anything regarding HIVE (other than the legit work groups between Devs, of course). I mean, why aren't they talking about their ideas here, on HIVE.blog, on the blockchain itself? And the bit about instant messaging is a total cop out in my opinion as well - as if the comments section of every post doesn't serve the purpose! So, is this really as prevalent as people say it is?
Edit: like @josediccus says, HIVE's my main bag too. 😎
The low point of that was @justineh getting paid $30 K for stuff she did off line, no record on chain of anything she did.
From what I understand, she may well Rue the day that it's not all on chain too.
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Yeah, Hive's gotta be the main bag, imagine if prices becomes good, as for the bull of BTC I'm only hoping hive follows in January or afterwards, however
I agree with your transparency ideology but you can't expect post comments to suffice for giving people a platform to build their connections and feel like calling Hive home. I agree on staying on the Hive ecosystem but not on making every discussion open. I would have it that open chat gets incremental rewards but give ability for encrypted privacy too with reduced reward because sometimes users might be exchanging truly private information like address or a discussion about personal life experiences.
Plus open discussion might work when a highly engaged posts gets 100 tops comments but if a significant amount of users ever join here, and the post gets over a thousand average comments then that's a messy affair. Plus @peakd still hasn't fixed the notifications to replies. A user needs to scroll through a single dump reply chain.
Is it any better on hive.blog?
Anyway there's a lot of issues here and the one thing I was thinking just now after a discussion with @edicted is that the reason many of these issues aren't attended to is because most that are still here committed to gaining a dollar are essentially "blind believers." The system to them could likely improve but hey who are they to speak up. They might lose the vote from those "whales" or be considered a black sheep. (I don't mean you edicted, I'm talking about the bulk of users.)
So then that made think...
HOW MANY REAL HUMANS ARE STILL HERE?
Because if the stats from the resident statisticians show weekly 10K users then it's clear that since the system allows unlimited accounts then the real human number would be less. It would be interesting to know that figure but I'm not a stat man and how to find that stat accurately might not even be possible. If hypothetically though every user has 2 accounts then there's 5K real humans. Not everyone will have 2 accounts but then there's savvy users with way more than 2. So then I think if LEO has around 450 weekly users and growing then extrapolating that on Hive might mean Hive has about 4K weekly users that are real humans.
That figure I believe intuitively to be correct. Anyway the point is, even if 10K real humans are here weekly then that's something I would be focusing on because the code could be legendary as edicted says, but if no one is here to see that then where is this platform going? Just like a fire, it can't burn on large without fuel. It needs that oxygen to expand its reach. Platforms like this need people and in a growth manner. A tight knit community keeps something alive but then the goal is to have the world see what you see.
So for that (this whole comment was for this purpose) ... THIS PLACE NEEDS that glue on Hive: the chat system that doesn't leak users to discord. That system that automatically connects new users to believer users.. ON HIVE. That chat that gives this place meaning beyond just clicking a button for some itty bitty reward. A place that begins to exist as a new home.. not just somewhere you try hustle or work like a fool for months without anyone giving a crap about your experience.
GROW the AUDIENCE.. improve the HOME. The rest will follow. Maybe. Nothing is guaranteed.. but nothing really comes when the product is simply unknown outside of these confines.
This is a hivemind fix not a PeakD fix.
Do you mean the number of people creating and commenting or the number of people viewing content. There are likely 10-20k creating and commenting but probably around 200k people who come to view content on a monthly basis.
Also i didn't really follow your comment here are you saying CHAT is what we need or it's a distraction and we need a different "glue"? Because we're releasing a beta version of chat this week... already been in testing.
Yeah I'm a strong proponent of CHAT ON HIVE. As is @cryptographic. It's a very good thing to know you're moving on that. Obviously there's more than just chat that builds networks but keeping that traffic on this platform is so vital to them distributing those users to the dapp choices on the network.
That's why the glue needs to be good. Once users in the network resemble more than just 'people trying to earn a buck' and the network instead resembles 'a thriving social network with the added bonus of rewards' then those 200K viewers proceed to be a part of it. Plus the bigger the userbase, the greater the content and it's diversity.
Thanks for your input I think you're a good egg here! I look forward to the improvements peakd is making progress on.
I agree with you for the most part. Hive is the only chain I'm on every day. The only chain that has an application I use everyday.
Hive certainly has a lot going for it. But it does have some problems too.
The main problem I see is the lack of smart-contracts. Or smart media tokens SMT as they were referred to back in the Steen days. Yeah we have Hive Engine, but from my understanding there's some differences between the two.
The drama and split with Steem didn't help much either.
And I still have a big problem with the 13 week power down too. No other chain does this. And the security argument is complete BS.
The frontend could also use some modernization. It hasn't changed in years. It looks and feels super outdated to me.
Regardless, Hive is very undervalued imo. It's one of the coins I'm planning on stocking up for awhile.
That some difference is that the printing of new tokens on HE is entirely determined by one person - Khal in the case of LEO - TBH it was great that he refunded us all that LEO from from the first WLEO 'hacking' incident - but that should also have set people's alarm bells ringing - he was only able to do that so efficiently because he's the sole issuer of the token.
Had that been Hive, you'd need 20 people agree to it, well 17.
It's why I hold back on shilling LEO and bashing Hive like some people do - Hive is 17 times as secure as LEO.
Someone can kidnap Khal and force him to forward the entire unprinted LEO fund to their account, they can't do that with one of the Hive witnesses.
Not that I want to give anyone any ideas. But that's the way it is.
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Let the shilling commence!
I'm probably going to start looking at the AVA token as it also has real use, I feel I've got enough in HIVE and it's growing on it's own, I reached my goals with LEO and that's also going to continue growing so I feel it's time to have a look and see what's out there but I'll probably just keep buying BTC, think I'm a bit of an addict!
I found this to be particularly hilarious 😂
You'd either laugh or cry!
I tried out the Travala site for looking up flights - they returned me cheaper options to the UK from Portugal compared to Expedia, so it works!
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Hive definitely has potentials and considering its low price, it's definitely time to stack up some hive coins.
The platform just need adoption by one or two dapps and we will surpass the moon.
I think Exxp need some extra promotion. They can lift hive to a great heights if quarter of wordpress users know about the plugin and use it.
Oh - the WP plugin - i used to use that on Steem, it is good!
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Spelling error first line: it's @empoderat not @empodorat
Hey cheers, thankfully I had it spelt correctly further down, but have correct, cheers!
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You think... correctly :D
Although proof-of-brain is kinda silly and misleading.
More like proof-of-friends or proof-of-networking.
Although I'd really like to take it to a whole new level that rewards work for less subjective subsets of value. Crazy things can happen if newcomers can jump into an activity and instantly get paid more because they're doing higher quality work.
There's certainly a lot to make you think on how things operate here, we're still definitely not 'there yet'.
Curation trails are the most obvious way I can think of to reward less subjective value sets.
It's not so difficult to organise those either.
Rewarding delegators is a bit tougher.
Some kind of fusion between Tipu and Curie would be interesting.
When you talk about utility , you are not at all biased, We have very fast and robust blockchain.
Unfortunately it is not tried enough for scalablity.
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I was thinking recently that resource credits could get interesting if the user base ever does increase by 100 times!