RE: Hive: It's Time to Change Direction

Since you brought this example, the makers of Gods Unchained are releasing a ZK Rollup, called Immutable X imminently for all NFT-related developers. 3,000 TPS, <$0.01 tx fees, 0.3 second finality, all backed by the massive, decentralization and security of ethereum. (See here: ~~~ embed:1318730386822754304) This accelerates up to 100K TPS when Ethereum 2.0 Phase 1 releases in 2021. twitter metadata:SW1tdXRhYmxlfHxodHRwczovL3R3aXR0ZXIuY29tL0ltbXV0YWJsZS9zdGF0dXMvMTMxODczMDM4NjgyMjc1NDMwNCkgVGhpcyBhY2NlbGVyYXRlcyB1cCB0byAxMDBLIFRQUyB3aGVuIEV0aGVyZXVtIDIuMCBQaGFzZSAxIHJlbGVhc2VzIGluIDIwMjEufA== ~~~

So yeah, Ethereum is much better for this sort of thing than Hive will ever be, not to mention its compromised consensus mechanism. But even if you were OK with the compromised consensus mechanism, EOS does most of this much better, with orders of magnitude greater funding. The boat has sailed. IMO, Hive has to get back to square one, come up with a completely new vision and overhaul, and best case scenario will be a niche outlet for those use cases. Personally, I feel the best approach is to be a chain specifically for social, gaming and NFTs, with very low inflation. While a majority of these projects (Reddit, Gods Unchained, Rarible etc) will be on Ethereum, especially now with technologies like ZK Rollups solving scalability, I believe there's a case to be made for a very niche but sustainable future for Hive focusing on these niches.

PS: Can't even post a damn Twitter link on Hive.blog. Terrible. See here instead, it's the pinned thread: https://twitter.com/Immutable