I think it is safe to say that at this point Hive is somewhat consolidated as it works independently for a while now. In the beginning, I was excited, because things moved so fast. The novelty has worn off, though.
Technically the only difference to Steem is that the Steemit Inc. stake was moved towards the proposal system. Steemit Inc. lost all the original developers, who have probably signed some nda stuff, which means they can probably not work on Hive for a while, either, even if the wanted to.
In the meantime, we went back to business as usual, just that a lot more dev category posts make it to trending. I am sure that will wear of, too.
We will inevitably need updates to the code at some point, just to fix bugs or to improve performance and such things.
I think it is also safe to say that the popularity and consequently the price of Hive could be improved upon.
I am not sure, if Hive needs any big changes to the code, though.
It is possible, that this program is already good, but not widespread enough to release its potential.
Yet, I see proposals by some key players, which involve changing the whole system (again). They seem mostly interested in shutting down applications, they themselves exploited to earn a huge profit. I am against that for now.
There seems to be confusion and disagreement about where this whole enterprise is going and what the purpose of it is. To find out what needs to be improved, it would be necessary to establish a common goal first.
It is not clear to me, what the main purpose of Hive is.
What type of content should be rewarded and which set of rules would ensure the best outcome ?
Is content evaluation and rewarding the main purpose to begin with ?
I think Hive needs a whitepaper.
I did not manage to come up with a coherent text. I will just post this, since I wanted to write some of it down for quite a while now. I hope some of it is good. Got to run now.