BYON (Bring your own node) ability is essential, but alone is highly prone to free-market centralization; IE people already have shown a preference to rely on 3rd party infrastructure providers instead of providing their own. This is why incentivization of infrastructure via a censorship-resistant (micro) value transmitter. A central hub that no one controls acts as the incentivization layer backbone to provide organization to all data, on and off-chain.
▶️ 3Speak
I agree with what you are saying. We are seeing a lot of major entities starting to sniff around. Make no mistake, given a chance they will create their own version of Web 2 with a crypto spin. That is not Web3 but just another siloed system with no account ownership or freedom.
We are looking at something that is very rare out there right now. The Justin Sun episode changed the path of the world when all is said and done. Hive will do things we never could have under the STINC thumb.
Smelly thumbs
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It is absolutely amazing how that "theory vs practice" holds true in so many aspects of our lives. All you have to do is look at our education system for one. Or the boneheads running our government. Or the media jackals. All of these "elitists" telling us all what to do without ever getting their hands dirty and actually doing anything. They've never actually done a damn thing! They all just sit in an echo chamber and tell each other how smart they are and then try and convince the rest of the world they "know best".
I feel very blessed to be a part of this community and that there are people like you in it who just fucking DO IT. Let them all try to tear it down from their ivory towers while this freedom tower grows to dwarf them, rendering their tiny little voices insignificant in theory as well as in practice.
Good rant!! 1.25 speed was definitely the way to go....🙂
Good words. Strong. Need more
Hey Dan, do you ever listen back to your recordings? If you do, up the speed - they are really exciting :)
One of the things that I have always loved about Hive is that it is possible to run essentially unlimited trial and error experiments simultaneously and see what happens. Applications do it, communities do it, groups of friends and individuals - all incentivized to play. People can have their theories, and test to see if they are worth exploring further.
When Hive finally gets the recognition, I won't be surprised.
He used to say early in his videos "1.25x speed recommended for a better listening experience".
Youtube days
1.5x and up for me - super motivating! :D
haha I should add this back, it really does make a difference.
I actually like the speed, it's relaxing :D
Dan’s dulcet tones. U can’t fall to sleep tho cus it’s too bloody Interesting
I don't always listen to my recordings, but when I do, I choose 2x. 1.5x is good too.
I think in theory would be a few nodes more decentralized if it's easy to join.
If it would be enough to install it, plug and play, it's more decentral than bitcoin.
Special in the case of hive. You have voting + easy-to-use software for notes ( sure maybe they don't run well, but that can change in the future with some basic emergency node installer).
And the combination of both is IMO much more secure than mining. Simple because it's not only mining, you need the hardware and this is not accessible for everyone.
To the crypto people.
They only want money. That's all. That's also the reason ( like you mention over and over again) Bitcoin could not happen today.
All about premine, pump, and dump.
True story @theycallmedan
About Hive:
Most people don’t realize what we hold.
My self as I said I did successfully lock some profit from the past good pump like 30% equals 1600 hive as I mentioned in this post.
Also, I'm sure many people will lose passwords for hive and when we start passing $300 they will start looking back and who knows...
I mentioned many times to people from the Bulgarian community to keep their password at least at 2 separate sources and best in pepper.
I know many don't take it seriously enough...
Time will show.
For you and your family:
I know you are an awesome dad enjoy reality with your family!
I know it's a blessing for you and you can enjoy it with full awareness!
I know you are a very advanced spirit I can find it in your wise speech, passion and energy in your voice when you talk about your meditation and breathing and how important is to always find some time for ourselves.
Namaste 🙏
Still don't understand how @ned went from Steem to mastodon. This guy had the vision. No balls.
Some ppl know long ahead of time that the balls just ain’t there. Some of us just disregard and put our huge balls straight on the table. No fucks given about the risks. This MUST happen. Over time, as hive develops, I feel the casing of my balls turning to steel anyway
I agree no doubt we try and have to do this together, nothing is prefect and all can fail but we learn and then we can prevail... be well
I like people who move society and technology forward. It looks like you are one of them.
Whether it's theory or practice, how are 20 well-connected witnesses voted in by larger stakeholders (i.e. locked in/many legacy) truly decentralized? I'd imagine that the pressure for these witnesses to follow the wishes of the board members to keep their positions is immense, which steers the chain in the direction of the few. Given your discussion on small caps being primed for gamification on token price, I tend to wonder how much of the stake locking in these made witnesses was from the Steem premine, after the 1:1 fork.
After Steem was taken over because of Ned's action (a single-point of failure), how has Hive truly taken steps to mitigate this from happening again? It takes one hedge fund to obliterate the Hive Power scales and break up the witnesses/control, which would be a huge risk if they're malicious like Justin was.
While Web 3.0 and immutability is critical, is this chain truly a no-brainer when it's fairly easy to deploy real capital and destroy the system -- or is another fork the safety net? Maybe I've missed safeguards that have been implemented since then, but it seems that Hive Power (and associated HP politics) control more than we like to admit.
Well connected in the fact they have to come together to agree on pushing updates. With that said, I don't think you could put the top 20 in the same room for an hour without a fight breaking out. There are several polar opinions, and geographically speaking, I think our witnesses are a pretty diverse group.
When comparing Hive to perfect censorship resistance, you see a ton of gaps. If you compare Hive to the current censorship resistance among other platforms, it's far advanced. Without the STEEM premine, Justin Sun would not have been able to take over the chain. To buy 30-40% of an organic token off the market, the supply would go insane. Imagine someone trying to buy 30% of all the Bitcoin in existence; it sas cheap at one point; why didnt anyone? The moment you try, the price flies away from you at an infinite rate. There is a threshold with supply and demand, and wanting a controlling stake of 30%+ destroys the supply side to the point it becomes impossible to do.
We have put in place a month's wait to use HP. Had we had this during the hostile takeover, we could have blocked exchange voting due to seeing it coming from a mile away.
The key point is no one person on Hive has a controlling stake, as far as to say no small grou[ has a controlling stake. You can see this in the proposal system, if the community wants something funded bad enough, without the top 5 stakeholders voting on it, it is still props that get past the returned proposal.
While not perfect, we are getting better and learning more. And of course, the community fork is the fail-safe, but that's after someone buys up most of the supply, making every single hiver incredibly rich in the process.
Thanks for the thorough reply here.
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STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
I think with everything, there is that point where you gotta just say "fuck the theory" and do what has to be done at that point.
Do it! Do itt!
I like it when you relate Hive to the internet and bring technological history into the history of Hive.
Hive is more than one person it's all of us.
I agree with everything you said. No doubts
wise as a goose my friend