As far as I know most proposals have been defunded.
However, funding same old front-ends still baffles me.
Just to prove that point, I built the whole front-end again - for free of cost - except claude code.
Of course, I also love hive & I keep buying hive whenever I get chance, I keep building but yes it's just sad to see this happening to Hive.
New People on hive are publicly-shamed for circle voting. All they are trying to do is support each other because they never get supported for posting the content apart from introduction post. That's not the real damage - but whales & witnesses keep pointing this as bad.
But what most witnesses do is - circle witness vote each other. They circle-DHF vote each other. And things like builingwhales self-voting, even more taking & keeping it to themselves. is this bad or not?
I approved some proposals because I use the products, I onboarded people and I think they are useful, but funding ANYTHING right now baffles me. I am considering removing my support and approvin the return proposal to do my little part to help defund even more projects. Note, it is not because I approved their proposals that I support them blindly, Ecency for instance is asking too much for current market conditions and I strongly dislike that.
The big problem is that big frontends are guilty of their own influence and power. They have the contacts and the support to get funded by a few big enough whales even if people think they are asking too much.
I get your point, what the big frontends are doing could be done with much less than the 6 figures they ask. If they want 100k+ they must figure out their own revenue strategies.
Totally agree with you that that is a much bigger problem that small fish circle voting each other. Recent proposals have had huge backlashes, like the girl asking to be reimbursed for expenses of past years, and they still finance that kind of stuff. They do not care what people think.
That is the fallacy of DPoS we believed. We thought that whales would have an incentive to look for the best interest of everyone, because if people lose trust their own stake is devalued. What happens in practice on Hive is that the big whales seem to not care about the worries and needs of the small people, at least not enough, as long as they can keep funding themselves.
It actually reminds me, didn't we fork off of Steem because we were afraid Justin Sun would do exactly that?
That criticism is fair, and this discussion is exactly why we reduced the proposal direction.
The short version: Ecency will keep prioritizing critical infrastructure and open-source maintenance, but with a smaller ask we also have to scale down commitments, reduce costs further, and keep pushing toward revenue outside DHF.
reduce cost is the best way to go broke. Increase Revenue or say make some is the way to go. Otherwise it will be forever unsustainable.
Lets say Hive hits 1 cent? We are in crypto pretty doable, each HBD is like a cancer cell at this point.
Please do.
Please do.
This is what I feared when I actively & aggressively started contributing to Hive.
100% front ends are a big waste. Non of them is sustainable. The Teams behind them have 0 online marketing experience. They depend 100% on DAO money. 0 Revenue, 0 Revenue plans.
I wonder what happens if DAO stops paying them? Do they end the front ends?
Funny is how shit become permanent here. Like in politics.
To avoid centralization, we created blockchain based social media platform.
We ended up becoming one.
content should never be part of it since you build ppl hate each other based on votes
What to do now? Too late?
Peoples money gone?
People warned me - most cryptos are ponzi.
I stayed strong about hive.
But what to say now in defence?
Too late.
Hive/HBD death spiral
HBD will lose its peg soon
Horrible.
I'm frustrated & disappointed beyond imagination.
Surviving with hopes & contributions.
Even with nothing, staying strong.\
Hive was destroyed by one guy
Blocktrades / Buildawhale / markymark
Syncad ;
https://www.syncad.com/Services_Site/aboutus.html
btw you are a 3spk dev right? you know anything about the token balance from dlux? I am sure by now they are all gone and no backups. But maybe you have more Infos around it.
I also lost approx 500$ or more in that. I didn't do anything in DLUX. I invested my efforts time & energy in building 3Speak mobile app. That too I had to take it down from appstore & playstore because meno did a lot of changes recently on 3speak resulting into mobile-app non-functional app. I asked him to just raise a PR with set of changes, source code is open any way. But he is busy guy & may be not interested in 3speak mobile-app. Hard to see things dying in front of your eyes. but it is what it is.
thats true. Looks like Ragnarok and 3spk are dead. Well i did invest in those airdrops too, so lost also on it. But worse is, i would not have thought they suicide. I think hive is way more unprofessional as we might thought. Ai calls this chain a hobbyist chain and might be dead right about it.
I think is a "talk and wannabe chain". Most projects in crypto are. I thought hive could be one of the winners of this nuclear crypto winter.
It’s very bad.
So sad
Hive had so much potential.
All Destroyed by Markymark / Syncad
https://www.syncad.com/Services_Site/aboutus.html