RE: RE: Reddit releasing blockchain-based tokenization with "Community Points" - detailed breakdown
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RE: Reddit releasing blockchain-based tokenization with "Community Points" - detailed breakdown

namiks(77)
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6y

This could spell bad news for HIVE.

Eh, I think the Reddit/Hive comparison is a bit strange, honestly. Mostly down to the fact that the vast majority of Reddit's posts are quite short, specific, and its primary driving force is the engagement via comments. Hive thrives more on the quality of posts, with comments just serving as some encouragement.

Of course there are some similarities, but the comparison still feels like a huge stretch to me. The driving force of Hive is more that the content that gets rewarded here has a bit more effort aside from linking some news and discussing it. Another negative to consider is that Reddit will clearly go through lengths to have the tokenisation heavily profit them, that's going to be the entire point of it.

I feel what differentiates Hive from something like Reddit is that it can still just be a place for blogging, it's someone's own little place for posting a portfolio or sharing very personal moments of their lives into several hundred words; the comments they get probably won't affect them.

I guess to me the comparison just feels like comparing Hive to Twitter merely because we can reblog and 'like' something, despite the content itself being vastly different.

@namiks: This could spell | Ecency