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RE: Another post about beneficiary usage which turned into something else

Hive would be interesting with a privacy feature, it's something I've been thinking off as a layer 2 token as an experiment but there's still a lot of stuff to figure out and not being a dev/technical it's hard to know the boundaries.

You and @smooth should get together to discuss as he's the privacy expert afaik. :D

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One of the most interesting and promising layer 2s I have been researching is called StarkWare. They have their tech deployed in a working product on Ethereum already called dYdX exchange. Its really smooth, you should play around with it. I am not sure if this could be utilized on HIVE down the road for privacy...as you say I'm sure @smooth would know much more than me.

https://starkware.co/
https://twitter.com/StarkWareLtd
https://dydx.exchange/

Oh yeah! They're behind the immutable X development which is the first l2 to use zksnarks and made trading of gods unchained cards possible again since eth fees have made it unusable. I only know cause I'm into the game and play it every now and then and bought a bunch of genesis cards a couple years ago. I don't even know too much about zksnarks, just that vitalik always referred to them as a solution to the layer 1 fees and so far it seems to be working alright even though imx is only on the first few rollouts of the dex.

Wow, people should keep an eye on their L2 privacy solutions if it can be implemented on Hive, would be really amazing to curate content where you don't know who the author behind it is especially to compare to our current layer 1.

Heres how you do it, you create a steem account and a golos.id (golos classic) account with same keys as your hive wallet

now you change the keys on one

now the other
hhahaha
@acidyo gets where im going

you can always check the chain and link up recovery accounts and create an insane web with 3 chains steem golos and hive and you can probably add in eos and @telosnetwork

now we have to have a hive witness voted by all witnesses to be run on steem and a steem witness voted in by steemians and steem witnesses on hive and also vica vica versa with golos and even eos and telos. they run a block producer on telos ON HIVE.... in fact i think @telosnetwork or @hellotelos could get enough hive to vote in their own witness by using the telos proposal system. i tried to do that with POST upvotes i should have thought harder and done inter chain witness carnival back then

anyway yeah imagine you stack up beneficiary rewards between chains

also imagine just within hive you get a beneficiary reward that AUTOMATIOCALLY goes to @leofinance which then automatically sends you LEO, no fucking hive engine transaction needed other than a send, no market orders lol

also beneficiary rewards that can automatically go to your TOP commenter or ANy commenter i mean dude.... why dont we have THAAAAt

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