Week through Adrian's Lenses (21-27 September 2024)

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This is the #90th edition of the "Week through Adrian's Lenses" weekly Hive and crypto news roundup.

Let's see what we have for this week. We cover:

Hive

INLEO
Hive Dev Stack Guide
CommentRewarder
Waivio
Distriator
CTT
Stats
POSH
Moonkarts
Holozing

Crypto

US President Race
China Stimulus
Guggenheim

`Week on Hive`

14 of 26 tracked posts made it to this week's issue of the "Week on Hive" roundup.

`In the Spotlight`

INLEO to Introduce Substack-like Creator Subscriptions Soon

Details about INLEO Creator Subscriptions keep coming out and it looks like their release is imminent.

First of all, for anyone who haven't paid attention to INLEO developments, what are creator subscriptions? Well, that's a way to create content readable only from behind a paid wall. Basically, if someone wants to access content created by a certain author that is on a subscription model, they need to pay to become subscribers of that author.

Do you want to know the technical details? Here are some, as I understood them from the INLEO AMA and other sources where Khal talked about it:

Content created for subscribers-only will be published on Hive as a regular post (more details later), but which will be instantly encrypted and can be decrypted with the memo key of one of the subscribers and only them. Threads, and later shorts, can be on subscription-only too.

Regarding long-form posts that are subscription content, they won't be published as top-level posts, but as comments in a container, much like threads. This way, the situation of having a bunch of encrypted posts triggering automated votes and drawing from the reward pool is avoided.

Only Premium users on INLEO may create subscriptions, but anyone may subscribe to an author, without restrictions (provided they have the funds to pay, of course). To be able to claim subscriptions, their creators need to be Premium users. If too much time passes without the author being Premium and not claiming subscriptions, these payments will be reimbursed to the subscribers. This solution was chosen because the INLEO team can't interrupt a recurring subscription in the name of the subscriber on Hive, they need to do that themselves. Subscribers have the options when they subscribe to choose if it's a one-time payment (one month) or a recurring subscription, and can cancel at any time, if it's a subscription.

Initially, HBD will be used to pay for subscriptions. Next, an integration of V4V.app will follow, to be able to pay via Bitcoin Lightning. Next, it will be either HIVE or DASH. Khal talked about a potential pretty tight collaboration with Dash.

Many other plans were revealed related to creator subscriptions... Like the ability of the author to filter and only show subscribers in their threads/threadcast/comments(?) so that they can only interact with them (or first with them). For next year, Khal talked about an encrypted chat on Hive to be developed by INLEO. Looks like they want to have their own things, where they can.

I probably forgot some things. If you remember other details or have questions which may give my memory something to link to, the comment section is always open. 😉

Another resource you may want to check out where the topic was discussed was the LEO Growth podcast.

`Governance / Development / Dapps / Education`

From Blocktrades Team: Hive Application Development Guide

To my knowledge, @thebeedevs is one of the accounts of the Blocktrades team (from Poland).

Under the account @small.minion we have this Hive application development guide, which they say was promised at Hivefest 2024, so that developers know and better understand how to use the current Hive Development stack, and the team's vision for it.

Since we are here, I'd like to include Gandalf's post with the video regarding the core development on Hive (only a few core open source repositories were included) since the split from the legacy chain to Hivefest 2024, the day-by-day version. I actually watched the video fully, at max speed, and it's not a short one. It's pretty impressive!

CommentRewarder - New Service to Reward Comments

@acidyo and @hivetrending have collaborated to bring out this service.

What is it? A service to reward commenters of the author who uses this service, based on the weight of the author's upvotes to their comments.

Who is it for? Mainly, for accounts with low HIVE Power, who can't use their own HP to upvote their commenters.

How does it work? Simplifying things, the author needs to set @commentrewarder as a beneficiary on their posts with at least 3%. These beneficiary rewards are used to vote on the commenters.

Who benefits?

The author has more engagement on their posts
The commenters potentially get rewarded (see why "potentially" below)

One challenge I see:

the authors need to have good-enough rewards on their posts for this to work, so it doesn't work if the author has no comments AND no or almost no rewards (and sometimes it isn't related to quality); but it is a pretty good improvement for newer users on Hive with decent rewards, so I like the service

Also, note that only comments made within the first 3 days of the post are rewarded, if upvoted by the author, so not older comments.

Nested comments are voted too, so that incentivizes discussions instead of simple comments. That's good!

Here are the full details.

Waivio Is Targeting Recipes from Youtube

The Waivio team found a way to find recipes on Youtube by searching for the ingredients mentioned in the videos using an AI, and shared the process with shop owners and others who may be interested. This is very powerful, as the ingredients appear in natural language in the video, they are not in text form, and yet this AI (Perplexity.ai) finds the relevant videos.

Distriator Gets New Updates

As it gets used more and more, I also keep seeing posts with new features and updates to Distriator. This is one of them from this week. The post includes in a readable format which are the Top 10 businesses by number of claims, and the total HBD amounts claimed. The stats presented are based on features from the website.

Two CTT Podcasts in a Row. Updated SPK Network White Paper.

Dan and Matt are prolific this week with their content. While CTT podcasts are no longer 2-3 hours long (probably for the best!), they recorded and published two episodes this week:

episode 116: HiveFest Run Down & State of Hive
episode 117: SpendHBD, Distriator, and Current State of Crypto

An updated SPK Network White Paper was also published this week.

HIVE/HBD Supply and Historical Debt

The posts of @dalz are always a source of great stats, but sometimes very good for understanding the underlying tokenomics in the Hive ecosystem. This is one such example.

Feedback for POSH

In very few words, @acidyo is asking for feedback if POSH should use reward pool funds to incentivize authors who bring in traffic from the outside to Hive? If you want the long explanation, here it is.

`Games`

Moonkarts Alpha Was Launched

At the end of last week we saw Moonkarts Alpha released on Arcade Colony. Other than what I wrote in my post from then, I haven't dove more into it.

Holozing Is Hiring Artists

We have two hiring posts from Holozing via @acidyo. Both for artists. One requests/ed a 2d artist for Holozing Arenas + background and for the other one, creature type symbols along with Healer class are/were needed.

`Week in the Crypto World`

Let Uptober Begin! Both US Presidential Candidates Said "They Like Crypto"...

Kamala Harris mentioned "blockchain" in a phrase with biomanufacturing, aerospace, AI, quantum computing, and clean energy, in a context where she says she wants the US to remain dominant in the emerging tech. That's a nice company to be in! And she didn't put blockchain at the "other emerging technologies", but it was the last before the others, and we know how well these political messages are crafted...

Here's the relevant quote:

We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing, blockchain and other emerging technologies, [and] expand our lead in clean energy innovation and manufacturing.

So, both candidates warmed up to this space, or to its voters. But compared to Trump, I'd say she is still kind of glacial.

China Starts Stimulus Measures

After the Fed had cut rates by 50 basis points, the People's Bank of China adopted a series of measures meant to increase liquidity in the market. It is speculated that some of that additional liquidity will end up in crypto, as it happened in the past. Right on time, I would say...

Wall Street Giant Tokenizes Commercial Paper on Ethereum

My attention was brought to this piece of news by @taskmaster4450's video. Here's a mainstream crypto article, if you prefer it.

We would think that's a good thing, because tokenization is one of the end-goals of
crypto.

But is it good, if a giant like Guggenheim controls who can get the tokens and who can't, and will probably sell them to accredited investors?

Seems like my views coincide with the ones of Task regarding what crypto has (largely) become and will only expand: a casino, where countries or corporations are the owners and we are the gamblers.

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