I think one of the good things I've seen occur over time is the devs have spent a good amount of time in the early days on the tasks related to scaling. I think what is direly needed if we are to scale more with popular games like Ragnarok, are resource credit pools/delegations. I want to assist lots of people with my spare resource credits but what I don't want to do is decrease my Hive Power to do so! It's hard to address all of these competing priorities since we are trying to also compete for attention of others in the blockchain space. Thankfully we have some good things in place currently but hopefully we could address both HBD supply proposals and resource credit pools/delegations in the same swoop. Difficult? Absolutely! But like anything crypto, it's best to minimize the hard forks so it would be sweet to get them both knocked out in the same one. I doubt these could be addressed with a soft fork.
I see there's a lot of discussion related to HBD of late and that's great. Getting it more attention as not just that weird token on Hive that many newcomers have no clue about or what to do with it, is going to increase adoption of it's utility. Personally the past month or so, I've been spending all of my HBD I had saved up on Splinterlands instead of trying to convert it to Hive. I think it's an awesome way to save on Hive but also get the use out of HBD more as time goes on. Hell even Splinterlands could incorporate HBD into more parts of the game.
It then does certainly come down to supply! I didn't know that we had 33.7M HBD, according to the chart above, so thanks! That seems like a lot for sure but scaling needs more resources for sure. The fun balancing act of supply versus demand and price.
Absolutely. The core team led by Blocktrades deserves a lot of credit on that. He was the one who obsessed about it over the past year and pushed to improve things.
They have their own in game tokens that work for those purposes, especially DEC. So they have that covered.
We actually have about 25 million. The 33 is the forecast if the 25 million was placed in the 30 year Hive bond account (35% interest).
There is also a major portion of the HBD in circulation locked in the DAO. So it really is not on the open market yet.
Either way, we need to keep having this conversations about HBD and working to improve it. I think we can make the case after a few use cases pop up.
Hive can fill a couple major economic needs: a base layer stablecoin and pristine collateral at the same level. This would really alter things.
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Yeah, I forgot about the DAO. I haven't done a good job at keeping an eye on the raw numbers of things! Hard to do sometimes lol
A lot of stuff to keep up with.
It is all fascinating. The bottom line is we are going to need a lot more of everything on Hive: more accounts, more HP, more RC, more HBD.
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