If they can use their buzz to focus on getting consumers for their content they might be successful.
To me hives biggest deficit is that the buzz got wasted on attracting people to "get rich blogging".
It's not that im not bullish on hive, i am.
I just believe hive needs to focus more on funding for second layer projects like other defi platforms do.
Continuing to focus on social as more players with better funding enter the market is a losing strategy.
The one exception i see to this is leo. But as you can see, a significant portion of the leo economy is devoted to defi. I think the success of this strategy is obvious when we compare leo to the broader hive community.
Layer 2 all the way
Blogging is a really cool thing to have on layer 1. That kind of communication available all the time is great for the health of the chain and its politics, but blogging isn't a battle I'm interested in fighting. It'd be going after a niche of a niche without much ammo
An easy to build upon layer2 is the way. Engine does lots of biz. Leo has all kinds of tricks. Really looking forward to HAF - and any other layer 2 solutions people come up with
HAF?
Hive Application Framework
Basically an interface for developers to connect their apps with the Hive blockchain without having to get so deep into blockchain stuff. It's being developed by blocktrades (the blocktrades team does a lot of Hive core development)
It will be a plugin on a witness server parsing data in real time rather than a separate process of streaming through blocks like Hive Engine or other layer 2 services use now. The idea is it will be fast and easy to build Hive dapps
So this will be similar to the application layer on the evm and allow for the deployment of for lack of better words smart contracts?
You got any suggested reading about the HAF?
An application layer, exactly. The specifics aren't well known yet
Hints about HAF come in blocktrade's posts, and he sometimes asks for public input and we get to see some cool documents to deep dive into. All of his recent updates will mention something about HAF, usually near the end. Hopefully, we'll see it in the wild in the coming weeks. I'd be surprised if it takes more than a couple of months from now for us to see it in action
Thanks. I'll go through his posts.
Yeah, a bunch of completely fair points. I agree that people come here for the promise of money and it gives people the wrong starting expectation.
I feel hive is growing in those ways but our marketing efforts probably haven't moved with that.
Thanks for the comment.
Also to be fair, hive has capabilities other chains lack.
For example, an Oracle service could be built here that would rival any other due to our free txs.
This is just one thing i thought of in ten seconds cuz i think i sound bearish sometimes when I'm really not.
Anyway, thanks for the post and for replying to me.
Heh, I think a healthy amount of critique of the blockchain is a good thing as we've certainly got ways to go. I didn't think it was particularly bearish either. I'd also be interested to see how the chain would handle masses of "free" custom_jsons, as we've never really had a good stress test.
Yeah ive wondered about that too. Im not really sure how to find out. I guess we could start by looking at splinterlands which i think is our largest producer of custom jsons and then try scale that up to the volume of requests for a successful Oracle service like chainlink. However i suspect that the data wouldn't be accurate and we would really just have to see it in action.
Yeah, nothing quite like testing the real thing... until it crashes and burns 🤣
Lol
Thats the cycle...
Code, crash, iterate.