What is your view regarding the future of the HIVE chain?
I am a huge advocate of native tokens & contracts as I think that is the key to Hive surviving in the future. Something drastically has to change.
What is your view regarding content and curator rewarding from our first payer token?
I am also a big advocate of removing rewards from the first layer, turning Hive into a utility token, and reducing inflation. In a perfect world I'd love to see social aspects completely removed from the core functionality and become one of many dApps with rewards as a second layer token.
The way I see it, if someone was to come to Hive and invest $1M USD, they would need to create posts daily, curate for 1-8 hours daily, downvote shit posts and reward abuse to maintain their relative stake compared to others who are doing it. It's basically a fulltime job. If rewards were on a second layer, they can choose which Dapps they participate in.
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Do you say native tokens implemented as smart contracts? Or do we need something in the base layer?
I agree with blogging to become a 2nd layer token. I wonder what should be done with the reward pools currently at HIVE. As per your suggestion, reduce inflation I suppose. Somehow I think some available funds from inflation should be used to further increase the proposal system. That said, the whole proposal system needs further development, including additional governance, more transparency to where the money goes to, more reporting by those who receive the funds and more. The whole idea is that those who don't have a lot of time to go through all the information and situations, can easily and quickly make an more informed decision. Added to that, this bucket of money shall be used for serious HIVE ecosystem expansion, including support for non-tech proposals.
Native tokens on the first layer & first layer smart contracts is what I'd like to see, but they may end up as a second layer solution (like Hive Engine, just done better).
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