Why Hive Appears To Moving So Slowly
Hive appears to be moving slow when everything else is going rapidly. Why is this?
In this video I discuss how Hive is taking on some big problems. There are a lot of different areas that are receiving focus which are drawing attention. Unfortunately, this delays things as infrastructure has to be built and technology created.
▶️ 3Speak
0
0
0.000
I feel hive as a content platform is not getting the attention it deserves. But splinterlands is completely different beast. It is pushing hive through it's backend. Leofinance is another place that is helping hive too. But hive as a brand seems to be not getting much attention I am afraid.
I don't feel like things are that slow. At least during my time here on Hive (over a year), I have seen a lot of things change and there is so much more in development. At least I have tossed out the deadlines because the LeoFinance team keeps missing theirs.
Posted Using LeoFinance Beta
Maybe it's just me but I don't feel Hive appears to be moving slowly. But like you said, everything takes time and maybe this is how Hive grows steadily.
Posted Using LeoFinance Beta
Hive prices can go down quicker than up. Sometimes I wish the prices can rise faster. There is some issue to smooth out. But I think that's due to the developers, making sure features are secure before releasing new products !
I believe Hive will still rise very high with time. Whatever is going to last takes time to build up.
From my observation I don't think I have is really that slow,I joined the platform late last year and i can say that hive improving although it might not be that fast,so I also think every thing is with time and that hive will get to that place we are all aiming at.the only thing is that we just need to keeping pushing hive to the world
Posted Using LeoFinance Beta
slow and steady wins the race!
!PIZZA
PIZZA Holders sent $PIZZA tips in this post's comments:
@tanzil2024(1/5) tipped @taskmaster4450 (x1)
You can now send $PIZZA tips in Discord via tip.cc!
I personally think it's moving slow because the longer it goes the more the model breaks down. So to be fair to hive at first i was going to just count from the inception of the idea of dpos.. or rather not count that.. The problem though is it's pretty much the same people in control that use to be in control
Same witnesses and i don't think they got any smarter so i feel like really it's being white dwarfing since 2016...So my observational views are this is a sign of break down.. In crypto how people view it is that the most value you can get is the appreciation of the coins unless you got people playing the game and getting yield but that's not really how it works in crypto. if you want to use crypto for yield then it's just far superior yield farming techniques that net you more value.
So that means it's going to always be a few guys that just like to use hive but not a significant amount like you'd experience in successful crypto projects is the probloem.
So i think it's just decline in reality.. EVen if you count the hive fork and i doubled the value of the community from the what 70 cents and i 2x'd it.. so thats what about $1.40 to $1.50 whatever..
Did you know when i first came to dpos like 6 years ago the price of steem was well over $2.. So if we went directly on coin appreciation that would mean we're at a price far less even if i 2x'd your value to give you back any dilution that could have been created during the fork.. So i don't call that progress at all. That's like decline to me. Not saying someone can't find a way to profit from hive. Of course you can but not sure how normal that is beyond just the diehard hive users which i'd think are far and few between especially in relation to successful projects.
Posted Using LeoFinance Beta
Summary:
In this video, Task discusses the slow movement of Hive and why it appears stagnant compared to other projects in the cryptocurrency space. He highlights that Hive is taking on big challenges and trying to solve complex problems in a decentralized manner. Task mentions projects like SpeakNetwork, Honeycomb, LeoFinance, and Project Blank that are pushing boundaries within the blockchain space. He also touches on stablecoins, money supply issues, reputation systems, and the development of infrastructure in the crypto world. Task emphasizes that while progress may seem slow for Hive, it's due to the ambitious problems being tackled.
Detailed Article:
Task delves into the reasons behind the sluggish movement of Hive compared to other projects in the cryptocurrency sector. He points out the impatience within the community to see Hive soar while other platforms like Justin Sun's USDD token gain instant traction. Despite this perception, Task argues that Hive's slow progress is attributed to the platform's focus on solving significant challenges in a decentralized manner.
One key aspect discussed is the SpeakNetwork project, which is not just about decentralized video storage but something much larger in scope. Task mentions Honeycomb, developed by dlux, as a tool for incentivization in the network. He also touches upon LeoFinance's involvement in DeFi and initiatives like Project Blank, which aims to bring Twitter onto the blockchain.
The conversation shifts towards stablecoins, with Task highlighting the challenges related to money supply elasticity and stability. He critiques projects like Justin Sun's USDD for not genuinely addressing these monetary issues. He questions the stability of stablecoins backed by volatile assets like TRX and emphasizes the need for stability in the crypto market.
Task also discusses the significance of reputation systems within blockchain networks, especially in an environment plagued by bots and fake identities. He underscores the complexities involved in ensuring reliable sources and how Hive is tackling these challenges.
Furthermore, Task elaborates on the development of infrastructure in the crypto space, drawing parallels to the early days of the internet. He compares the slow but foundational progress of Hive to the lengthy process of building successful internet companies like Amazon, Google, and Salesforce.
In conclusion, Task emphasizes that Hive's gradual progress is a result of the platform's focus on solving intricate problems and building a strong foundation. He cautions against rushing development in the blockchain space and highlights the importance of addressing fundamental issues for long-term success. The video serves as a reminder of the patient approach needed for projects like Hive to thrive in the competitive cryptocurrency landscape.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.