RE: PROPOSAL #164 - Hive Side Chain (HSC) Development Funding. Creating A Ethereum Virtual Machine Side Chain Enabling Decentralized Industry Standard Smart Contract Functionality on HIVE, Utilizing HIVE as the Gas / Base Token.

[klye]

TLDR: Bringing Ethereum functionality to HIVE via a sidechain that uses HIVE as its base currency and for gas fees. Community run nodes will provide proper decentralization of the industry standard smart contract functionality while earning HIVE for running a node. Any ETH Solidity / Vyper / Bytecode smart contract already existing will be able to run on this side chain powered by HIVE. Increasing demand and making us competitive.