Using Hive For Its Most Basic Value

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Hive has a lot to offer. However, when we strip the blockchain does, what is it really offering?

In this video I discuss how the decentrailzed immutable database is very powerful. For this reason, we can see a couple projects that are utilizing it well.


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As the Hive blockchain is looked at as a database, and development projects interact with it as such, the value becomes tremendous, in my opinion.

Being a programmer, it does take some rethinking to make blockchain access as easy as a traditional backends, only because there's so many tools that exist making programming almost like a reflex. Web 2 has become the same techniques applied over and over again to different scenarios.

But, in short time, that same common tooling approach will evolve to blockchain backends, where a collection of development tools, libraries, etc will make interacting with a "Blockchain as a Database" routinely common. And since tech love acronyms, since we have Software as a Service or SaaS, let's call this BaaD.

It's an exciting time in IT development as, quite frankly, working with traditional databases and languages has become, dare I say, boring.

Excellent take on this and all the very best on the glossary project.

Being a programmer, it does take some rethinking to make blockchain access as easy as a traditional backends, only because there's so many tools that exist making programming almost like a reflex. Web 2 has become the same techniques applied over and over again to different scenarios.

That is what HAF (HIVE Application Framework) is for. Hardfork 26 will be very interesting for developers/node operators.

I am very excited for HAF. But I seem to be having to choose between:

  • Install locally
    And burning up 4TB+ storage to host hived+HAF.. per platform: Dev, Staging, Test, Live.
  • Use a hosted HAF
    For any project like ERP, CRM, KPI dashboards and the like, hitting a WAN for scenarios that involve thousands of requests per sec, kinda limits what you could offer at scale, just considering network latency.

I'm thinking business apps here. And I do realize tooling just doesn't all of a sudden become enterprise capable.

But, none the less, that's my conundrum at the moment. IMHO, core business adoption would really up the user count and value to the chain and I'm anxious to see that happen.

Don't get me wrong, I am thoroughly impressed with HAF and love that it handles all the intricate detailed scenarios that exist on chain, extrapolated to Postgres so you can SQL query it. That, in and of itself is amazing and I love it.

Feedback like this is important.

I understand your dilemma. It's either storage or speed. You have to give up something. For a solution that gives access to the full blockchain without doing blockchain programming, 4TB+ per platform isn't very high. It was either disc space or RAM. And we know what's cheaper and more scalable.

That is exactly right. Fully agree I'd rather scale storage than memory. Tradeoffs abound when planning out a project and application offering.

I'm considering middle layers, almost like a cache, that reads only a subset of data. Smaller and faster for specific duties. As one example: account analysis (user growth, activity, etc), where post content is not of concern. There might be things like that out there already and I still wonder if hafah is projected to be that.

I know filtering based on a subset of operations is possible, so if you are interested in specific content, you can scale down the storage requirements significantly.

That sounds perfect! I will definitely continue diving deeper into HAF to better understand. Thank you so much for the guidance.

If they use these good foundations of the block chain well, surely every project based on it will achieve the success we are looking for.

The immutable database is quite amazing. I am wondering what they do with deleted items such as a deleted podcast. It makes me wonder if there are things that need to be done.

Posted Using LeoFinance Beta

Interesting how you conceptualized this. It can turn into a decentralized Wikipedia, if enough people from various fields get involved and create a glossary for their niche.

Summary:

In this video, the speaker discusses the true value of Hive and emphasizes its potential as a decentralized immutable database with permissionless capabilities. He highlights the idea of utilizing Hive as a database for information that can be ranked by search engines to drive traffic to Hive-based applications. The speaker introduces the Leo Glossary project, which aims to house cryptocurrency and financial terminology on Hive. Additionally, he mentions PodPing as an example of an application that leverages Hive for posting updated podcasts and bypasses centralized indexers like Apple and Google. The speaker underlines the importance of decentralization and the ability of Hive to provide up-to-date, unfiltered content to users.

Detailed Article:

The video delves into the intrinsic value of the Hive blockchain, emphasizing its core function as a decentralized, immutable database that is permissionless, allowing anyone to write text to it. While Hive primarily accommodates text and not multimedia content like videos or images, its capacity to store substantial amounts of text in each block makes it a versatile tool for information storage.

The speaker introduces the concept of utilizing Hive as a database for decentralized information, highlighting its potential to be indexed by search engines, thus increasing traffic to Hive and its associated applications. He introduces the Leo Glossary project as a proof of concept, which aims to compile cryptocurrency and financial terminology on Hive, specifically through the Leo Finance front end. The objective is to drive organic traffic to the Leo Finance platform, ultimately benefiting the entire Hive ecosystem.

Furthermore, the video discusses PodPing, an application that exemplifies the utilization of Hive as a database. PodPing works by posting updated podcast URLs on Hive, allowing podcast hosting applications to monitor the blockchain for these updates and provide them to users. This contrasts with centralized indexers like Apple and Google, which can potentially censor or deprioritize content. The speaker underscores the empowerment Hive offers by providing a decentralized and unfiltered source of content that is readily accessible to users.

The overarching theme is the significance of decentralization and leveraging Hive as a platform for creating and sharing information. By promoting projects like the Leo Glossary and PodPing, the speaker encourages the community to explore the potential of Hive as a robust database for various kinds of content, from financial terminology to podcasts. Ultimately, the video aims to inspire users to embrace the decentralized nature of Hive and harness its capabilities for disseminating information freely and impartially.

This more perfect ledger is a core component of the revolutionary nature of the blockchain.

Posted using LeoFinance Mobile