I wouldn't say H-E is dead. Some people, including @ecoinstant are working on keeping it alive. That said, it seemingly isn't improving very much. Perhaps, as @shmoogleosukami writes, VSC will be the answer to this problem. I haven't actually read about that so I have no idea what that even is, but I have heard the word being thrown around enough these past few months as a H-E replacement that I know it's a thing.
Anyway, I'd favor #1 as a first step. For the growth of this project, I might even suggest a lower rate. 8% maybe. I don't know if investors were be happy about that, but it would help the project survive and grow, and the rate could always be adjusted back up if things improve in the future.
Thanks for tagging! Its funny because it is in fact confirmed that VSC will not replace H-E, they have no current plans to do a contract for making a token. (edit: within their current proposal)
That said, I am working - not only on hive-engine but also some other things that could help bridge or transition. Let's see what happens.
Thanks for chiming in when I put the call out 😃
I should perhaps alter my wording and rather than refer to VSC as a replacement refer to it as being a competitor, co-existence is always possible and frankly Hive-engine will never actually go down so long as it's bridges and witnesses are maintained. It's still not perfectly decentralized but hopefully competition will help kick some life into H-E as well. funding permitting ofcourse.
One can hope someone comes along and takes a punt at contributing improvements.
This, to be honest.
But to put pressure, we actually do need to be honest.
This is incorrect, so I'd like to clarify. Our immediate goal is not to release standards for token contracts from the get go. Our main concern is launching an HBD-HIVE LP as our top priority after network launch. We will be tackling community tokens in the near future, but not immediately after network launch
Hey - no offense intended - I am all about priorities.
I think its important for all to understand that this is not within your current proposal, and while you would do it - anyone else could and should consider this into their plans. And of course - can write their own smart contract, sharing the load.
I totally agree!
Just wanted to clarify that bit is all :)
Yeah, the 8% kinda makes sense if we want the compounding we had before.. was just thinking a variable rate (adjusted at x interval to make it manageable) where curation rewards are used to distribute and the general inflation is what's being compounded.
Not sure if it would be good in practice but in theory it ensures sustainability and prevents making false promises on X percent rate forever while still allowing for clear communication
We have a few weeks to play with so i might throw out a vote and let the tokens holders decide on a percentage.
Sounds fair to me!