liberosist's comments | Ecency

liberosist

@liberosist

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2016-07-14 05:20

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liberosist

6y

RE: PROPOSAL #164 - Hive Side Chain (HSC) Development Funding. Creating A Ethereum Virtual Machine Side Chain Enabling Decentralized Industry Standard Smart Contract Functionality on HIVE, Utilizing HIVE as the Gas / Base Token.

Best case scenario I can tag you in this post a year from now and make you eat your hat. I feel like I've been told this a thousand times by multiple people in 2016, 17, 18, 19, 20 and now 21. Whatever,

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liberosist

6y

RE: PROPOSAL #164 - Hive Side Chain (HSC) Development Funding. Creating A Ethereum Virtual Machine Side Chain Enabling Decentralized Industry Standard Smart Contract Functionality on HIVE, Utilizing HIVE as the Gas / Base Token.

There's no use for this with Optimistic Ethereum releasing in a week or two, followed by Arbitrum in Q2. No one's going to use some random side chain when you can get dirt cheap gas on an Ethereum rollup.

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liberosist

6y

RE: F1 Delta time - Blockchain gaming taken to another level! Part I

They should consider getting on to a rollup, maybe ImmutableX which is designed by the Gods Unchained people specifically for NFTs. That way you stay on ethereum, but also gas is dirt cheap.

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

I'm not going to go through the technical problems again, I have talked enough about how Hive's tech is very poor, a dinosaur in 2020. there is a fairly large group, (at a guess about 4500) At first I

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

I know things have streamlined a lot, but it's still nowhere near good enough. Call me when you can run a full Hive node on a damn Raspberry Pi like you can on ethereum. Definitely look up ZK Rollups.

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

Transaction speed and throughput come at steep costs to decentralization. It's laughable that it costs more to run a Hive node than a bitcoin or ethereum node. We have people running Geth nodes on damn

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

I have been shouting about it since 2017. Here's one example: Unfortunately, that was 2018. It is 2020 now, and it's too late for SMTs. It is 2020 now, and Reddit is in the social media tokenization game,

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

I apologize, but I couldn't get through your entire post. I get it, you don't like ethereum. But our opinion doesn't matter - if you want to succeed, you have to build a product that developers and users

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

I'm afraid guesswork isn't going to improve the platform. Only a complete overhaul will.

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

Firstly, thanks for reading the post and taking the time to respond. I wasn't expecting a single witness to reply, so that already surpasses my expectations lol. I'm rank #47 and make a $20 monthly profit

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

I see, I read your comment referring to power ups, so thought you're talking about the money. But yeah, as they say, time is money too...

liberosist

6y

RE: For Hive to succeed, stakeholders need to not be completely delusional cultists

The problem with sunk-cost fallacy is that the longer you keep losing, the more resistant you are to cutting your losses, but then the bigger your losses become. I can see the thought that you have already

liberosist

6y

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,

liberosist

6y

RE: Hive: It's Time to Change Direction

Many of us have been calling for gutting inflation rewards on the common reward pool for years now, and I still remain firmly in support of this move. Or at least an interim solution that sees inflation

liberosist

6y

RE: Layer 2 is not layer 2 without layer 1 security

Thank you for thinking about the issue, it seems like a lot of people don't even care. I'm not familiar with Hivemind, so I can't comment on the technical feasibility, but zero-knowledge proofs would be

liberosist

6y

RE: Layer 2 is not layer 2 without layer 1 security

You're not alone, it's all confusing and poorly explained

liberosist

6y

RE: Layer 2 is not layer 2 without layer 1 security

My point here, which is literally in the title of the post, then mentioned in the post itself, then again mentioned in my last reply to you is.... Wait, I'll just quote from my last reply: My point is,

liberosist

6y

RE: Layer 2 is not layer 2 without layer 1 security

Which is what I'm saying, it's a centralized db. Whoever is using Hivemind is trusting the Hivemind node operator that the data is correct and identical to the layer 1 chain. Where's the fraud proof or

liberosist

6y

RE: Resigning from witnessing permanently

Nothing much, just Reddit and Twitter for now. I'm interested in checking out Reddit's tokenization.

liberosist

6y

RE: Reminder: Hive desperately needs a complete overhaul - it's the only way

Unfortunately, this chain is as good as its stakeholders, and evidently most of the whales here have always been kinda apathetic. In a public corporation failing this hard, they would have changed the