Moving to Hive

Moving to Hive

As I previously mentioned in comments and town halls, I'll be moving to and supporting the Hive blockchain. It's an exciting time. I look back at STEEM with some disappointment, I wish things had worked out. But I'm happy with the outcome of all this turmoil: the community is strong and its will matters.

I was hopeful we would have more time to prepare for the Hive hardfork, it was a very short notice, announced yesterday https://steemit.com/communityfork/@hiveio/announcing-the-launch-of-hive-blockchain. The HF will take place on Friday, so I'll be busy preparing and migrating to it. I will partially keep the STEEM blockchain running for a bit, until the Hive chain is smooth with infrastructure, exchange listings and support from the DAPPS.

Rebranding away from STEEM

We're all used to the "steem" lingo, but it's time to say goodbye to it and rebrand with "hive". It's a huge task that encompasses code changes, tooling updates, new domain names, Twitter/Facebook accounts, listing on exchanges, etc... It may take a while to implement and digest all that change happening in such a short time. So expect some downtimes here and there, be patient and don't freak out.

What happens to STEEM?

In my opinion, STEEM will lose its value quickly when the whole community migrates to HIVE. Many users will power down and dump their STEEM, including myself, to buy HIVE instead. It's ironic, because Justin Sun wanted us to swap STEEM for TRON in his initial plans, and now there may be swapping of STEEM for HIVE instead. The only difference, it's a voluntary move.

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The excitement is palpable on the exchanges today, STEEM has pumped like crazy beyond 4k sats and gained ranks on CMC. I guess people are buying a lot of STEEM to get the HIVE airdrop. It's a trading opportunity not to be missed.

Steemian.info becomes HiveKings.com

Your favourite website will move to HiveKings https://hivekings.com. It will require some work to edit all the pages, but I'll prioritize the update of the page that everybody visits https://hivekings.com/witnesses.

I think HiveKings is appropriate and sounds cool. In a bee hive, there's only one queen ruling it. The notion of a single ruling monarch (Justin Sun) is surpassed by the autonomy of all the hive members who became kings of their domain.

Note to witnesses

This is a very important part. Sadly the code will only be released tomorrow (1 day before the hard fork date), so witnesses should be very focused and ready to deploy it. What will happen is, Steemit Inc's stake will be gone, so all of Justin's sock puppets will drop out of the top20 and below, and every witness rank will be more or less restored. So if you're a witness on the current STEEM chain, if you update to the HIVE code, you'll automatically be a witness on HIVE. I got word from @blocktrades that no replay will be necessary, but that doesn't mean witnesses should be complacent. Every hard fork is a critical time, so presence is a must.

Stay sharp about the price feed and update your scripts accordingly when Hive goes live and trading starts.

Acknowledgments

I think the big hero that sparked this forking wave is @netuoso, with his soft fork 22.2. Tip of the hat to him. Also, big thanks to @blocktrades, his team and all the developers that participated in pulling off the next hard fork in a such a short time (and short notice, uhummm).

Recommended reads

Cya on the other side


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