SPK Network AMA with the community.
▶️ 3Speak
SPK Network - AMA - 12/30/21
2 years ago in Threespeak by spknetwork (73)
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Havent watched this yet.
My question is, are you putting a limiting factor on how much of an airdrop an account can get?
For example, if a whale has 10 million HP across a few accounts and that represents 3 percent of all Hive tokens, will they also get 3 percent of the total token drop?
In my view this should not be the case. Air dropping whales the same proportion or a large proportion is a potential attack vector, especially given exchanges.
Will exchanges get proportional? If so you could have a situation where an exchange owns a majority of governance decisions permanently. Being at their mercy.
And incould be wrong on the details of the air drop and who gets what and how much the team gets etc. I'm just asking and pointing out a few things I have not seen addressed before.
Or say, 3spk and ragnorak and a few other projects in 2022 air dropped so much to whales that said whals are now able to accumulate more hive in larger quantities which trends towards centralizing. How much ragnorak nfts will an exchange get? Etc
The game then becomes very one sided as whales and exchanges will continually get HUGE air drops they can sell and buy more hive and potentially centralize the network more.
Those are a few of my initial thoughts I was hoping would be considered.
All proportional air drops are not good for any given system is my thinking(excluding forks)
I am more concerned about exchanges and their liquid hive where they are running a business selling and would be more apt to sell these tokens then whales invested into Hive. The whales invested into Hive are only going to benefit from this claim drop which will happen every month and only further their governance power with the HIVE network which is likely something they enjoy very much. Why would they give away their governance?
54% of all liquid hive is on exchanges and 60% of that is on upbit. So I am more concerned about upbit short selling than whales invested into hive who have governance and now enjoying the deflationary nature of HIVE now which spk network will only further. So people with liquid hive like exchanges concerns me.
Why would they put governance into people's accounts not as invested into Hive as the whales? Which does point to exchanges where they don't care about governance and only selling is their priority.
Every move or action towards centralizing is bad for Hive. Large airdrops to whales will likely do that somewhat. Multiply that by dozens if airdrops and then we have an issue.
We could come full circle to Justin Sun levels given enough air drops, also big air drops give whales potentially lots of control in any game or layer 2 token also.
Exchanges are a huge problem. Whales are 2nd largest problem. Giving either if those tons of free cash can lead to more centralizaton.
The incentive becomes, accumulate more and more Hive to get more and more air drops. Over years that can get ugly. It's a self fulfilling loop that doesnt need to happen.
I'm bringing this up now, not 3 years from now when it is more evidently an issue
I dont know is there any accounts on Hive that has anything close to a 51% stake of it? Even then you said only 3% of 10 mill hive is rep of hive stake. Upbit is still our biggest concern in that regards.
What I need is a guide for dummies how to prepare your pc to host content, ASAP 😂
Yes, I would like to know more info too.
Do we need a Raspberry Pi amd how to prepare it.
Would be my first node ever :-)
It seems this is a good start. I plan on getting a setup that meets the requirements in these documents and more.
https://www.peerplays.com/documents
@starkerz @theycallmedan
Looking forward to the drop and seeing the first steps of building the decentralized video storage.
Token drop question:
If I have any delegation going to people currently, do I still gonna get the token drop for the tokens delegations?
Thank you 🙏
Namaste 🙏
I was wondering the same thing myself. I just gave this video a listen and they answer this question at 0:34:22.
The owner of the HP gets to claim the drop, not the account getting delegated the HP. You do not have to undelegate anything.
@etblink
Thank you 🙏
The video was too long for me to listen to it.
I do enjoy more the videos by Dan when he gos up to an hour video…
Namaste 🙏
spk network is certainly improving
I appreciate the efforts the Spk team puts in carrying the community along. It was a long and instructive session, I stayed for the most part but I know I'd have to rewatch for the parts i missed.
It's 2022, Happy New Year.
!PIZZA
im also going to use spk from now on cause I hope to get attention to it
HAPPY NEW YEAR I hope you will achieve your targets in 2022. 🌱
We are waiting for SPK Network, in the meantime I wish you a happy new year
Very cool. Is there a short description available how to claimdrop the token?
Rehive.
I think more information will be available as we get closer. You will claim it then have to claim 1/12 of it once a month to get the full drop, I believe.
Thank you.
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minute 1:24:20
Matt recomends an app for video streaming in Hive.. whats that? I cannot understand..
@johnsnow did you get it?
will Hive held as SWAP.Hive or held in the pools on tribaldex be eligible?
This question is asked at 0:24:16 and is a little difficult for me to sum up in a few sentences, but I suggest you give it a quick listen.
It is one of those half yes and half no kind of answers.
Posted via inji.com
this are really good news and im looking forward to my music community.
Thank you for making all of this and kudos to the effort of @threespeak team. We have the best community on the internet called Web 3 on Hive
Glad to see some answers here. Even after so many years on here there is still so much that goes over my head!