Sharing my thoughts on the latest anti-bot measures implemented by Hive Engine, while reflecting on my journey of building a Web3 Game (Ethgard Legends) - especially on the value of blockchain standards for developers and builders.
Sharing my thoughts on the latest anti-bot measures implemented by Hive Engine, while reflecting on my journey of building a Web3 Game (Ethgard Legends) - especially on the value of blockchain standards for developers and builders.
Bro, I've been meaning to ask you. Do you think VSC kind of solves these issues?
It depends. If projects can migrate smart contracts/code from other chains without much overhead and use their existing tooling as well, then yes. Could work the reverse way as well, projects starting on VSC and then being able to migrate to another chain/their own chain later on.
Think of it like building with Lego versus custom blocks. With Lego (like EVM), you can rebuild, reuse parts, or plug into other sets easily. There's a whole ecosystem around it.
But with custom blocks (a custom framework), you're stuck. It might work well in one place, but if yo want to move or expand, you'll probably have to rebuild everything from scratch because nothing else is compatible.
So, ultimately, it’s about flexibility and not being locked in.
That said, there's one thing that makes me wonder:
Technologies can always be replaced or added under the same cryptocurrency. Meaning, Hive could add native EVM support to its codebase or spin up a separate EVM chain, running under the same cryptocurrency, HIVE. But having an L2 which is supposed to be an extension, then having its own cryptocurrency, where does that leave HIVE?
I'm sure it's all in good faith, it's simply important that the value flows back to HIVE.
Totally agree with you. One way value is flowing back to Hive, which also subsequently pays Hive back for development costs, is our LPs use HBD. What that means is every trading pair locks up some HBD on one side of the pair. As trading occurs a small fee is taken and given to the liquidity providers and system reserve, causing deflation on HBD, ultimately routing back to increase the Hive price. In addition, consensus staking requires locking up Hive. Both of these routes will not be changing anytime soon, even with a long term token in a few years from now.
Our strategy is to build a sustainable network without a token first, then worry about the rest later.
Good point, I understand the solution and problem, but it also exposes centralization, especially on the H-E part of hive.
Thank you! The centralization is less of an issue on Hive Engine, due to their own consensus mechanism. What I wanted to highlight more is the reliability of apps built on a non-standard framework. That might not have come across clearly in the video, so I wanted to clarify.
Interesting video. If one of the top Hive Consensus Witnesses doesn't really believe in Hive technology this is really concerning...
I understand your concern, but it's a bit more nuanced than just "not believing".
Hive isn't just a technology. It's also a community, a cryptocurrency, and an ecosystem. All of that combined is what makes Hive what it is.
Like I mentioned to @meno - technologies can always be changed, replaced or added under the same cryptocurrency.
Take EOS as an example. They recently rebranded to Vaulta and did a 1:1 token swap from $EOS to $A. New name, new token symbol, but the same stakeholders and community. One of their main value props now is Vaulta EVM. They have zero connection to Ethereum (ETH), the cryptocurrency, but they adopted the standard. Same cryptocurrency, multiple technologies underneath.
I still believe in Hive. Pretty sure I said that twice in the video too :D. It's simply: as a developer, it’d be great to have Hive Native and Hive EVM side by side.
Thank you for explaining and clarifying your position. The video gave me a different vibe than you might have intended. I do recall that you have been calling for smart contracts on Hive for a while now, so it makes sense in that context.
Thanks for the feedback. I can see where you're coming from - though part of it might also be my directness as a German, which can sometimes come across as overly critical.
Regarding smart contracts, I’ve actually been discussing them since at least 2021, specifically in the context of EVM-based. So my current stance isn’t really anything new. It’s just that about a year ago, I made the switch from soft-consensus apps to smart contract-based solutions. Both approaches have their strengths, and I believe there’s room for both - perhaps even in combination.
Congratulations @therealwolf! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 170000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP