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RE: Rambling about HIVE

in #hive4 years ago (edited)

for a whitepaper some one needs to understand the system first. They have forked Steem --> it is technically Steem. It was developed by Larimer and has not changed since. Chances are good that no one fully understands the consensus stuff. Chances are also good that no one really cares.

Steem/Hive is not even a crypto system. It is completely free of any Merkle proofs and shit. It is a purely economical based game mechanism subject to byzantine fault under some conditions we have seen lately.

build some form of vision is limited by the game mechanism powering the

  • consensus layer,
  • the DAO/ on chain governance layer
  • the proof-of-brain layer

it is already set in stone what the system can become and what not. P.S. the potential as grate tipping service and dApp Plattform is there but Steemit Inc. was at no big game convention. All the big players were there but not Steemit inc. . One needs to go out an make partnerships (Eli Powell and Head of Communications did nothing in that direction) in P2P Systems one calls people like Ms. Powell "leecher" ...for a very good reason

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I mean: If it would become a dApp platform (for example), it would perhaps make sense to abandon the post rewarding (proof of brain?) mechanism altogether.
If they only run on the ability to store all sorts of custom data on chain, I would call that a re-purpose, as the original whitepaper (by larimer) is mostly focused on the proof of brain part.

P.S.: I do not see why they would include andrarchy in the new team either.