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RE: The Speed Of Hive: Hive On Uniswap

in LeoFinance4 years ago

It is good to see things moving, but I must admit that I would not go this way. wHive is a centralized coin, which needs a custodian you have to trust. This will not in my views without a strong, trustworthy central authority - and this is nothing I see or want to see. If you wanted to go down this route, I would suggest to create a synthetic HIVE on synthetix.io - the work with on chain oracles and are fully autonomous and decentral.

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I agree centralization is a big problem with wHIVE. But I'm working on new, more decentralized oracle.

Here is a post where I tried to explain it: https://hive.blog/hive/@fbslo/decentralization-of-wrapped-hive-discussion