I think it's not a surprise to anyone any longer. LEO is going to switch to its own sidechain, using HIVE, but operating separately, basically, similar to what Hive-Engine is operating on a day-to-day basis. However, for LEO (only?)
I thought of something just before I wanted to ask this question to the LEO community. wLEO's announcement and Khal's various other announcements caused a spike in the price, making it rise to incredible levels (~$0.5) as an early investor myself, I ended up berating myself. Why didn't I invest more, but hey... I believe we will continue heading up.
Currently, I am investing in both HIVE and LEO every month, in various different ways. So I would be very happy for both of them to have an increase in price.
As you may or may not know, there are costs associated with running a token under Hive-Engine's "ecosystem" not to mention the potentials of limited expandability because of no matter how good LEO devs are, they are limited to the capabilities of the Hive Engine which probably results in some project being halted or straight up being impossible to develop.
In any case, before I stray too much from my main topic, I believe that with the introduction of secret projects @khaleelkazi is cooking up inside his brain, the sidechain, having more freedom over development as opposed to being stuck to Hive-Engine... the moment LEO switches to its own sidechain, I believe that it will open up a lot more possibilities and will result in a price increase. And even better... I believe that tokens being able to host their own "sidechains" without being stuck to another "sidechain" will portray Hive's potential even more. Fortifying both HIVE and LEO's future.
Let me know what you think in the comments, food for thought :)
Posted Using LeoFinance Beta
I am impressed with the constant drip of new features coming out of Leo.
This was inevitable If Leo wanted to expand and grow. However, if new projects are related to HIVE then it could be beneficial for both parties.
I'm glad to be here in these moments
Posted Using LeoFinance Beta
hive being a base layer for countless sidechains is actually an extremely good use case.
Absolutely it can and will.
Fun to also think about how more hive apis will develop, hopefully into more of a "run your own database and api while making use of hive as the master database backup" type format, at least I think that would be an ideal situation.
So many good points in this.. where to start.
Sidechains: The power in Hive is it has a the governance layer built so you don't have to reinvent the wheel
Hive-Egine: There code slows down so much dev. It has been the same for almost 2 years and is showing its age.
LEO: The future will be when you can control more things about your token and it seems they have discovered this. Not sure how much AD Revenue buying back tokens can hold up the price but time will tell.
I am more excited in what other use cases they can give us.
I would be interested if they worked with another dapp to allow LEO to be used as a medium of exchange in it, but since everyone is just HODL LEO this may not work.
Posted Using LeoFinance Beta