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RE: What is going to drive demand for HIVE?

in LeoFinance4 years ago

Yea, I don't think that is nearly enough either. There needs to be real demand drivers for Hive, especially if we are going to move the social rewards to layer two and slash the inflation. The way things are being talked about I just don't really see where this demand is going to come from? Is resource credit demand going to be enough to move the needle as that is really the only place I see it coming from?

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Who knows? Perhaps if the cost of RC's in order to interact with the chain go 1000x we might have a chance

The number of users needed for that to be the case is many multiples from where we are today and when you factor in the ability to rent RCs, the number of users needed probably goes even higher.

Very good point. There's currently plenty of empty space in the blocks. Each contains about 20-40 transactions only and a similar amount of virtual operations on top of that. A small percentage of 64 kilobytes. When the blocks start filling up, only then will there be a real increase in the organic demand for RC's and thus HP.

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Yep and it will take a big increase from where we are today to start filling up blocks... how do we get there?