He also said that AMM for Hive is currently really difficult to implement. Is anyone working on that? Just mention it because I think it would help stabilize HBD and you made a post about it
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He also said that AMM for Hive is currently really difficult to implement. Is anyone working on that? Just mention it because I think it would help stabilize HBD and you made a post about it
I'd be curious to know why AMM is hard to implement.
The math is absurdly easy (x * y = k) and we already have time-locks and contracts of that nature.
I've actually already programmed this functionality myself and it seemed trivially easy.
I must be missing something big.
Unless the problem is that no one wants to print more Hive to support it.
I could see how the politics would fail but not the technicalities.
Also Blocktrades is a liquidity provider so he has a direct financial incentive not to do it.
Kind of silly, nobody is making big money off of being a Hive service provider at this point with the low total market cap, low profile, and small base of users and investors. The only game worth playing is to hope the token price goes up and/or work to make the token price go up.
That makes sense but I've yet to witness a single dev on this entire platform that just works for free trying to build value without worrying how they are going to get paid. The original question still stands: what technical barriers stand in the way of scrapping the internal market for Hive/HBD AMM? Why deflect the conspiracy theory instead of just answering the question?
Ah, see what I did there?
Doubled down on the conspiracy.
Now you're in on it too.
Damn I'm good.
Never claimed his service was free by any means.
Already answered this in another reply.
He didn't say really difficult, just too much for the next hard fork (months away, and probably not that many). For completely new functionality like that it would need to be carefully designed, implemented, and the code extensively audited and tested. If we want to do that we need to start planning in advance of an upcoming hard fork. It's a matter of time, not so much difficulty.
great to hear!