Hive is not superior and is extremely volatile to surveillance technology. As soon as someone formats the Hive Public Key index into Maltego or another digital foot printing app, big brother will be at our doorstep and so will the tax man, this would be the easiest network to tax without a doubt, especially since most people have their name and real photo in their intro post.
I keep seeing people talk highly of DPoS and it's really not that impressive aside from the consensus mechanism with Hive Power and Witness votes. That system itself is not secure and Justin Sun just made a joke of it not too long ago.
Isn't blockchain itself a tool for surveillance, or one which can be made to be a tool for surveillance? If this is the case, then virtually no crypto is safe. (There may be exceptions, but I have no idea what they are.)
As for DPoS, it just has to be faster than Proof of Work as well as less costly in terms of energy consumption. I never considered any consensus algorithm as being impressive or not, since it's just a seal of approval; "impressive" makes more sense for the hashing algorithms since those depend on raw processing power.
Transaction speed is for sure the most impressive thing about Hive. I will agree with that, and there's nothing wrong with a open ledger, I just have some concerns if there was ever a government that wanted to attack us, they would be much more effective at achieving a complete shut down of the network.
If the IP address of the witness node was blocked by a DNS provider, that would immediately end hive for that witness and he would be missing blocks.
We're so used to thinking in terms of DNS-- even the network professionals-- that we forget that DNS is just one system of its kind. There is an alternative called ENS (Ethereum Name Server) which does the same thing as DNS but on the Ethereum network. Details between ENS and DNS would differ, but the basic principle is the same: a way to associate hideous-looking addresses with a more understandable name. Hive may not do this, but some future crypto and development platform can be set up from scratch using ENS.
I only know that ENS exists as an alternative to DNS. I don't know anything else about it.
Thats interesting, I have heard name coin and the .name domains have some kind of network naming function on their blockchain.
It would be nice to see a interoperable version if all these services to prevent any 1 organization from having control over the names of domains.
While looking for information about Ethereum a few months ago I ran into a domain registrar named Unstoppable Domains. It's here where I discovered ENS. Unstoppable Domains caters to Web 3.0 web sites as well as Ethereum networks.
WWW as we know it is uses DNS at its root. We're so used to it that it's a bit of a shock to discover that there can be more than Internet. If DNS is at one root, then ENS is at another root. (When we hear about some country or other "making its own Internet," this could be the basis for that claim.)
I don't know much more than that, but it would be great if Web 3.0 stayed decentralized.
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