Nice analysis of the different roles - I feel happier with the majority of my crypto in BTC, which it now is in $ terms thanks to a certain shitcoin you may have heard of called Hive absolutely tanking in value.
I've got a bit less in ETH, but I'm looking to accumulate some more - handily enough there's a certain platform that now lets you claim your LEO rewards in ETH!
I get the feeling ETH is going to pump hard with the next rise, so the flippening could well happen, especially when ETH 2.0 finally arrives, atm ETH is a freaking joke - I get tense every time I make a transaction not knowing whether it's going to take 3 minutes or 30 days.
Still, as you say, innovation, that's the key to it rising in value!
You've got a typo in the first sentence btw.
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Funny enough I feel Hive is more secure than ETH.
ETH without a hard wallet is crazy. All you ETH (liquid) in a metamask waiting for the right guy to come around.
These days ETH is with smaller fees. Also if you set the fast route (or in adjust the gwei higher), transactions will go immediately.
ETH set the trend with ICOs in 2017 and now is setting another one with DeFi.
All the other chains are following.
Funny enough Hive with its social blockchain in my opinion is still one of the most unique and innovative blockchains. We just need to strike the right chord somehow.
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'ETH' waiting to be stolen! Fair point!
I know what you mean about Hive, I'm not so much gutted about my stake, just not having waited until now to buy it!
One can't predict these things though!
Striking the right chord is a tough one! Even at these prices I still think it's worth writing and earning!
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I rebuke your claim. I see Hive as a basic blogging chain only. Definitely not social if communications are on discord. That's a major flaw and one that people don't realise is a major reason why normies DON'T switch and migrate from their 'i-got-all-that-i-need' mainstream networks.
By design this chain limits content which MUST BE original (flaw). By design again this chain is moving towards CURATOR rewards over creator rewards (flaw against attracting creators and flaw against retaining attention).
This chain/those in control are happy to slow burn rather than really put in the work to develop a robust product. One that can 'out-of-the-box' satisfy social users (mass) and business entities (money).
The "strike the right chord"?:
Finish the product (somehow).
The rest is network effect.