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RE: Why was LeoFinance Down For So Long? + miner attack vector

in LeoFinance5 years ago

I agree. It sucks and this is why I want some kind of smart contracts onchain. They don't need to be super complex or "smart". As long you can connect onchain Tokens to with some parameters. Then it's saved.

I play with the idea to build a community + token since I ever hear about SMTs. Because I believe this can be the future. And not all token mechanics need to be onchain in a smart contract.

The biggest problem I always see with hive engine, you build a business/community on it and it all depends on it. And in a case like leo, it can ruin the project.

In other words, it can end or be more expensive from one day to another. That's why I'm a big fan of onchain tokens.

With open-source front ends like ecency.com, hive has a good chance to expand. But we need the infrastructure first.

If less technical skills needed to host/install a front end with basic parameters + connect it with a token would be world-changing.

1 Token standard is needed for hive longterm. So exchanges can list them without a degree in Hive science.