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RE: Will Hive stay a niche blockchain & cryptocurrency?

in Hive Improvement4 years ago (edited)

Here is an idea: Hive as an environment for apps. The "owners" or a decentralized group of owners(could be the whole community of that app) of these dapps get the part of the reward pool proportional to the stake they have powered up. So we suppress the reward pool for authors and curators. Then the rewards that that "community" of the dapp receives they on their own choose how to destribute those rewards.

This way investors get their proportional and fair dividends. And communities can leverage the power of voting that we currently have. But also leverage new features not only voting, each community can be creative and decide how to spend those rewards and how to destribute them.

I don't know if that's what the SMT were supposed to do though, the SMT were smart contracts I think. So if I'm not wrong what you want to do is something like SMT's but with the 2nd layer technology.

So I would want to unify the different economic communities into only one coin: hive. Not create a lot of different coins(engine tokens), that creates confusion and low liquidity.

With this model all the communities and investors earn with new apps being added. As new apps will bring new money from investors to that app. So it is beneficial for the current established dapps in "power" to help new communities to grow, because if the new communities grow that means the whole ecosystem of hive grows.

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Good point. I think too that the system currently might not be as broken as is laid out here. We need patience

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Well these conversations are really what we need. If we want to truly be a decentralized community we have to become used to this type of things. Only that it is a slow process. One of the things that we could improve would be to create a process to discuss things faster and more efficiently.

Have a great day!