Doesnt seem to affect Ethereum.
You need ETH to use Ethereum. Theres always buying pressure. Ive already spent hundreds of dollars just to use the network.
Someone has to put up the resource credits to operate.
Look at my prior answer where you mentioned resource credits.
They could but how many applications have the ability to not only create their own chain but keep it secure. At the same time, how do they develop upgrades to their chain while also having to develop their application
Give a project enough hype and money and anything is possible. Even moving chains is possible as weve seen DLIVE do easily for LINO, APPICS left STEEM for TELOS the other day. DTUBE created their own chain, Avalon, and Dtube team is like 3 guys.
All those are ex STEEM dapps. Id say its not that difficult.
In many other blockchains the second layer is secured by the base layer. On HIVE that is not the case.
If you wanted to secure your project it would be far wiser to just be friends with Agrroed and Matt and pray they look left and right every time they cross the street so they dont get hit by a car, HIVE ENGINE shuts down and your project is left hanging.
It is impossible for Hive to go to zero if there is any activity at all.
That might be true. Thats the test though, how low can the price go that the successful dapps would be willing to secure the base layer out of their pocket because i dont think many witnesses would stick around and waste their money.
Posted Using LeoFinance Beta
And we need HP to transact on Hive. It is masked differently but the same premise holds. Hive does not have it charged on a per transaction basis.
Sure it is possible but what did it do? How decentralized is the chain that Dtube is on? Where are their points of vulnerability? EOS was suppose to be the best thing since sliced bread yet that chain has failed to magically transform the world. In fact, Telos has surpassed it on many levels yet is still far from mainstream.
This is true. HE is a point of contention for many. I presume this is why there is the sudden push to decentralize it (I think that came from Dan). Too many do not like depending upon just Aggroed and his team (although I dont think Matt does a lot of development for HE, he is more spliterlands; others are handling the exchange).
HE might be complemented by something that blocktrades, I think is working on, a smart contract server system. If that is implemented, we could see things spreading out rather quickly.
If that is the case, so be it. There are a few witnesses we know arent going anywhere who have the ability to operate the chain. If a percentage left, that would open the door for others to step in.
Posted Using LeoFinance Beta