Power Up Hive

in #hive3 years ago (edited)

What makes Hive so unique is its remarkable token distribution. We are all over the world; every single culture you can imagine is on Hive. The key to this distribution success is giving away tokens. That sounds counterintuitive, but when I listen to people who used to get large quantities of bitcoin for free from faucets, some of those people went on to be some of the most influential people on Bitcoin.

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Getting one's foot in the door, giving someone skin in the game, even just a little. They take notice. Oh, Hive was up today; I think I earned like 20 bucks worth for free awhile back; let me check on that.

Planting seeds worldwide, getting people who care about this chain skin in the game is what this is all about. I've powered up a lot of Hive since we made the switch, and I plan to power up more. I feel at these prices, if this experiment succeeds, we can plant some fantastic seeds. It's not the number of hodlers you have but the quality of the hodler. Bitcoin has quality hodlers; some of these people, you'd have to pry the bitcoin out of their hands to get them to part with it. I feel we have the same on Hive.

The hodlers of last resort here get it. They get the mission. They see the path as clear as day. Hive is impressive; it does things other blockchains can't do. Delegated proof of stake (DPOS) isn't some magical thing, as I said about blockchain. Blockchain consists of distributed databases, and if one database gets corrupt, the rest do not. It creates decentralization for digital networks in the same way the wheel provides stability for a moving car. Sure, there might be other solutions there, but good luck reinventing the wheel. I look at DPOS in a very similar manner; this isn't rocket science.

To run high-speed apps on a blockchain, you need fewer, more highly powered nodes. That isn't something you can replace, and it's fundamental. Sure, several different paths create Rube Goldberg machines to get to this smaller set of supernodes, but stake weighted voting IS the wheel in this case. You will never replace stake weighted voting. It's how humans have run companies since there were companies. Stake weighted voting is a fundamental key to any business and now digitized in a decentralized way via tokens.

DPOS blockchains are akin to brick and mortar, and replacing them won't happen anytime soon. In the open-source, decentralized era, developers will build on something already there and permissionless to build on. There is no reason to recreate decentralization because there is no incentive to if an already capable network exists; this is the black hole effect decentralized blockchains create.

When people wake up and realize most apps on web 3 will run on DPOS (or DPOS like systems, aka Rube Goldberg machines), they'll conclude that Hive is one of if not the only one that did it right.

You can't have a premine with DPOS. You can't have an ICO with DPOS. You can't have a centralizing pool of tokens on DPOS. It's pretty much that simple. When you take a step back and look at what's out there in crypto through those lenses, you begin to see how extraordinary indeed Hive is.

High-level investors have those glasses. They are going to start wearing them sooner rather than later.

The ability to store whatever text you want, immutably. The ability to own your account and login to a variety of sites that syncs with your account. Hive is a highly efficient, immutable database in cyberspace that preserves your words like transcribing them on the side of a mountain—edged in stone. It IS the killer use-case.

I'm seeing a lot of lightbulbs flickering in a lot of high-level heads around the world. The light will flip on, and Hive will be the elephant in the room.

Sort:  

Power up!


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Well, you are right, many people will say that giving tokens and having a transparent distribution helps any business, but others will say otherwise, but the important thing is that currencies like bitcoin are already successful. Many investors left Steem due to the poor distribution now they are observing how HIVE has improved that and maybe they will come back, but the most important thing is that the market can expand.

The quality of the Holdens is going to increase as the network effect increases and this platform has more value through action.

Now the goal is:

  • Find new competitive advantages.

  • Expand the market (Change the adoption mechanism)

  • Innovate in the value strategy

  • Create more sustainable opportunities.

All this plus the creation of innovative, low-cost, high-impact marketing strategies, but from the community.

Hive is on the right track and the time is now.

Posted Using LeoFinance Beta

Finished watching your entire youtube channel. Too much wisdom there. I know you quit, but it might be clever to start uploading there again as a way to market hive.

I have one last strike left on my channel. I don't want to go there just to be kicked off. Kinda happy with myself to have quit on my terms all those years ago and be right.

Yeah, if you have two strikes it's probably better. Censorship is just too strong, would never have expected you to have strikes.

Hi, your wallet says you have 2.8 million hive power, is that correct?

🤣

Are you doubting your eyes or the blockchain?

Yes its correct haha. Its Dan xD

I hodl for my kids. I'm not going to touch my Hive/Leo for the next 15-20 years at least :)

2011 Bitcoin was $1

If satoshi kept all Bitcoins to himself it will be worthless today.

HIVE is ending up in more people’s hand and I remain long term bullish on HIVE

I wrote my post (devils advocate part 2) before reading this - seen from a slightly different perspective.

The key to this distribution success is giving away tokens.
....and herein lies the ethical problem (as addressed in my post)

Troll!

I'd agree that some of the language in lucylin's posts gets trollish, but with an explanation point, over that comment?

If we can't trade ideas without reactionary name calling, this place will start looking like an unregulated Twitter really fast

Funny thing is, after reading a bunch of your posts, I'd say you two share a LOT of common ground!

The word 'troll' is a psychological attempt to curb straight talking (same as the CIA, and 'conspiracy theorist') - i.e. political correctness.

Word salad artists hate it, because it cuts through the bullshit , either in a sarcastic, humorous way, or just calling things as they are.

It's a product of the leftist educational institutions over the last few decades.

I don't see being called a troll as 'name calling' (a compliment, maybe)- boo-hoo!, my snowflakey tears are just streaming .lol

If we had more 'twatter' energy, maybe this place wouldn't be so dull.
(and would be be growing as a result).

I agree with most of that, I just think that yelling 'Troll!' over a comment that benign sets the bar for trolling a bit low. There was a time when an internet troll was someone who 'hijacked' a thread, usually with offensive and incendiary remarks, just for the fun of getting people riled. Now, it's just thrown at anyone people don't want to hear from, even if it's still on topic.

Bullshit, I say! Words should mean something!

I've been accused of offensive and incendiary remarks!
Imagine?!?!?
Shocked, I was!lol

Invariably those 'troll' remarks come from those who've just been melted - and cannot debate the salient points.

People get too hung up on the messenger, and not listening to the goddamn message. The idiots.

!popcorn

listen, you commie - are you up for a revolution ? lol

Agitator...

friendly troll, if you please..

!popcorn

Interestingly enough, I got on HIVE because I was looking for a blogging platform where I can bring out my creative writing side not knowing that I've discovered something big, a diamond in the rough. Immutability was foreign to me before. I am now fully invested in the platform. As far as I am concerned, I'm still a newbie here and still learning about the many ways that the HIVE ecosystem can be utilized. I'd like to believe that I am one of those "hodlers of last resort" and I intend to stay for as long as I can.

Comparto tu comentario es el momento de aprovechar esta oportunidad al máximo

I agree. This is a great opportunity for everyone. Gracias @jennynas . :)

Im struggling with my decisions. I've become mainly liquid in Hive. I converted some to leo but accumulating hive again. I made myself a deal to keep 1000 hive power but the rest is liquid because I got caught being powered up in steem when it got destroyed. So I'm conflicted. I want to do everything right. I still have 5300 steem and I could leverage that perhaps. As a low stake holder in steem/hive/leo I shouldn't be so conflicted but it's hard to get myself locked for 13 weeks. But I do believe that the Hive blockchain is the best out there.

Posted Using LeoFinance Beta

I would say to lock it in and leave it there. This is a long term game in my opinion and I am thinking about 5 years time and not 13 weeks. I won't be going anywhere myself so have no problem staking all of my hive.

The best part is that once locked up I can earn more just form using it to vote. What's not to love. Bitcoin took 8 years to be properly noticed. It doesn't happen overnight.

I get that. I got my btc in 2013. Wish I was wise enough to get more along the way lol. But Hive has been different I was locked into steem when it was at it's all time high and watched to crumble to pennies. Hive curation never seemed worth it to me. But Leo is different because of the voting curve. I earn about 1 leo per day curating. I couldn't do that with Hive so it seemed like being liquid was fine. I think I only have about 3,000 liquid so it's not worth thinking so hard about.

Posted Using LeoFinance Beta

It depends on your size tho.
I have 6k hive powered up and I have bought leases, so I earn between 8-10 HP pr day at the moment, thats morw than 1 Leo :D

If you really want to keep some liquid hive, i'd suggest to keep 10-30% in liquid and rest powered up.

When i converted my steem to hive, hive was higher than steem so o got less hive. Now the case is opposite and i believe it is the best time to do it now or near future. Hive already have a lot of investment opportunities like having invested in dcity is like short-term locked because one get in under 3-4 months back whatever invested.

Same there are investment tokens which are a good way to keep liquid and earn dividends as well.

It's not the number of hodlers you have but the quality of the hodler

Now that's a priceless statement and something I'm sure I will "steal" a lot in the coming days! In our community we have been "preaching" the importance of having patience and holding HIVE rather than cashing out the instant a post pays out! And I think we are starting to see some positive vibes!

Besides quality HODLERS, we need the platform quality to go up as well! Nothing like the good old fashioned "quality content" and "honest engagement" eh! For the last 5 months we have been publishing a weekly magazine from our BDCummunity to give exposure to relatively unknown but quality authors and many of them are starting to hold their own on the chain!

It's these little steps that adds up. It's not always about a few big hodlers, but about numerous small hodlers as well!

Hive today: Onboarding one by one price at 12 cent:
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Hive at 5$

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Sad but this is how people think :)

This is so true ... and hilariously so!

But despite all this, after 4 years not even 3000 daily posting users (src) in the whole world - REALLY?

The technology was built and lasted 4+ years. As a collective, Hive is not running incompetently by Steemit INC with the elephant ninjamine hanging over our heads at all times. In this year alone, Hive demonstrated this community could build way faster than the Steem days when everything is on our shoulders. Look at Hivemind's years of production compared to what Hive Core has done with it since Hive's inception. It's not even close. The users will follow once we give them a major reason to. One reason is censorship resistance. However, you can lie about that like Parler, and the rest do. So people are easily tricked. Once we have decentralized tokenized communities, you'll see people adopt the LEO model and flock their entire communities over. Ask yourself this, would Leo Finance be better off if they did not have a token and built their community on Parler? The answer is painfully obvious.

people still don't care about owning their account. it is weird to me but maybe that is living on the edge and thinking is this the day that twitter, fb, youtube will ban me with no reason.
and people are lazy and don't want to click 2 more times to get ownership because keys are hard...

I prefer Blockchain over Faucet Giveaway and Airdrop.
My favourite is HIVE Blockchain which is combinative the two systems; DPOS and POW.
In HIVE Blockchain, the more we stay for a long time, the more we get benefits.
We need to be patient and stout.

Posted Using LeoFinance Beta

Hive is pretty impressive and its hard to sum it up in a few words. Very well put.

!wine


Cheers, @darkflame You Successfully Shared 0.100 WINE With @theycallmedan.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/3 Successful Calls.

wine-greeting


WINE Current Market Price : 10.000 HIVE

Well said and that's the beauty of Hive. That's why I have only ever put into it. It is growing and getting better. I keep thinking I should put more in but I only put in what I can afford and that's the key.

All those big players put in what they were willing to lose or could at the time.

I'm all for helping which is why I delegate to communities and have jumped on curation trails.

It's absolutely destroyed my personal upvote, I might check on addressing that in the future. But the communities I help also help me so it is a revolving circle atm.

Help others and others will help you.

Let's build this blockchain!

I had powered down all of mine for other things. May get back to it again.
Will be slow, but better than nothing :-)

Hive is not for a month or year instead it's for many years in my case. I am bullish on Hive and continue to accumulate for the next 5 years atleast.

Posted Using LeoFinance Beta

"There is light at the end of the tunnel."

But in this case, we are at the end of the tunnel, and we have seen the light.. and this is leading us towards the right path.

Progress and development is assured!!!

Hive is about to take over!!!

Hola, me emocionan tus palabras ademas eres muy gráfico con tus metáforas y si me encanta lo que veo este año inicio exitoso y próspero.

I used to be on steemit, then for a while left the crypto world, decided to come back and check out the situation, to find all that happened with the platform, took out all my currencw from steemit and using hive exclusively now together with leofinance, love the end-result so far. Powered Up Hive and invested some LEO. Looking forward to be part of this decentralization movement. May we sail towards more sovereign horizons.

Posted Using LeoFinance Beta

I powered up 430-ish Hive yesterday to get to an even 2000 HP on this account. My goal by the end of the year is 14k. I've got a ways to go!

Well I really didn't get all of it, I consider myself an absolute toddler in this world ;), but your post encouraged me in my freshman view on Hive. Curious to see where this path takes me and everyone else in the Hive.