Quietly Continuing my Exploration of Hive-Engine Communities
So, back to Layer Two communities and tokens. In a way, this has become my summer exploration/project!
For starters, it's interesting — and perhaps a little concerning — how many people using Hive don't even know what Hive-Engine is, nor that some of the tags they (often religiously) use are earning them tokens of various kinds.
But I'm not going to dwell on that... suffice it say, if you're thinking "What IS this cat talking about, right now?" I recommend that you visit Hive-Engine and check your account. You can log in with Keychain, if you're using that.
You might be surprised!
Tiny Amounts Add Up!
People tend to dismiss tiny amounts, rather easily. Heck, lots of people won't even bend down to pick up a stray penny in a parking lot, anymore!
A large part of my current explorations are related precisely to the fact that I am building this small account of mine primarily thanks to "tiny amounts."
I expect it's not a terribly popular approach in this day and age of impatience and "I want it NOW!"
However, I feel it's a worthy one.
How far can I get? The equivalent of $1,000? $10,000? Who knows... it's all a matter of patience and perseverance.
Next Step: Building Myself a Database
I'm going to start collecting information about Hive-Engine tokens from various sources and collating it all into "known information" packets about each one: from issuance rates, to powerdown times, to rewards structures, to front end usability and beyond.
Haven't finalized the datapoints for each community/token yet. And I'm sure I'll add more information on the fly, as I get into this!
I guess I want to build a "Directory" of sorts, that contains all the information "I'd" want to have about something, before putting my time and effort into it.
It may turn out to be one of those "forever projects" that never gets completed. And I'm OK with that!
Thanks for stopping by, and till the next one!
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Keep up the search, my feline friend.
I will be interested in perusing your directory once you have enough to share, and perhaps contributing to its development at some point, if I can manage.
Thank you! It'll definitely be a long-term labor of love, but we'll see how it goes.
I find that one of the... ummm... Achilles Heels of decentralization is a certain subtle neglect of the benefits centralized things that are actually useful, such as information. Whereas it is certainly less than perfect, consider a project like Wikipedia which is built by individuals (decentralization) but the INFORMATION is highly centralized... but tht's genuinely useful as a jump-off point for those needing the basics of something as a gateway to doing deeper research. I can't count the number of times I've used the reference list at the bottom of Wikipedia entries to learn about something in more depth.
Hive doesn't really have a Wiki-like thing where many people's input about "what matters" about a particular topic relating to Hive can be accessed from a single point. The closest is LeoFinance's "Leo Glossary" but even that is pretty skewed towards only financial/crypto topics.
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Decentralization for the sake of decentralization can yield subpar (or even counterproductive) results.
Many proponents of decentralization errantly overlook that truth.
Wikipedia is an excellent example of an unhealthy mix of centralization and decentralization, imho. The contributions of content are decentralized, but the moderation of each page is centralized and competing pages are not allowed.
Just the other day, I was reading the Wikipedia page of the company my son works for. I was aghast at how one-sided the content was. It sounded like it was written by a disgruntled former employee trying to defame the company.
I researched the version history and discovered a handful of “contributors” who routinely scrubbed the page of any positive statements about the company.
One of these days, maybe I’ll publish a post explaining some of my thoughts about when decentralization is good (and even critical) and when it’s neutral and when it’s inadvisable.
Seems to me that almost all ostensibly "revolutionary" ideas start from an extreme response to something that's perceived to be "wrong."
But when we look at a society or community, most tangible changes end up being incremental rather than a broad sweeping upending of "how things were." Many people might consider themselves ready for change, but they are actually quite resistant, at the same time. Hence, small steps.
From my perspective, decentralization maximalists' biggest cognitive blind spot is overlooking the value brought by economies of scale. Many decentralized projects don't work because they are not capable of supporting much larger scale adoption. For example, I use Coinbase because I can instantly trade substantial amounts at something very close to actual market value. On some obscure dex, we might be "decentralized" but there's no liquidity, and then the spreads are enormous.
It's like organic food. It's a nice idea, but if I have to pay $12.99 instead of $3.99 for my organic cheese, it doesn't WORK in the real world.
That would be an interesting article(s)... I hope you write it, sometime!
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Muchas gracias por compartir acerca de estos temas que nos deberían interesar a todos los que estamos construyendo esta comunidad! Estoy interesada en leerte en próximas oportunidades!