The contracts you speak of would be L2 and not directly on Hive. There would be no on chain footprint and is just a special version of HAF. There is also no release date or concrete plans at the moment and afaik is mainly experimentation. Aside from that, VSC is MUCH more than simply bringing smart contracts to Hive, there are huge implications of scalability, onboarding, cross chain, etc.
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Thank you for the feedback and explanation you have my vote. Let's make hive great in 2024!