Why, Where, and When to Delegate Your HP .:. Hive Humpday Hangout Ep.32 (Wednesday, November 6th, 5 PM UTC)

in Ecency7 hours ago

Two weeks ago, we had a great anniversary party of the #HHHLive show (recording is ready, but waiting for 3Speak to come back online) and there, I was running a small quiz (actually it was a whole show quiz 😃) for participants... I made 9 questions regarding the show, and I was thinking of adding one "personal" question to see how well (or not) people know me... The question would be: "What's the ph1102's favorite Hive topic?" 😃 For those who know me, this should be an easy question to answer, and that topic will be back in this show... Of course, HivePower is the answer! I like how it works, how it can benefit everyone involved, how it can help you grow, etc...


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We had HivePower as a topic in our 3rd show a year ago, where we were talking about the importance of Hive Power... Also, we were talking about it shortly in the special edition show No.7, but there is never enough talk about this main advantage of HIVE among other blockchains! In the newest show, I would like to discuss HivePower delegations, which deserve to have a whole show, and I would like to hear thoughts about it from participants!


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The idea for raising this topic came from one of the comments on my HivePUD post from a few days ago... As I reached 100K HivePower, one comment was about how I should delegate my HP to small accounts and spread it with others...

There is no good or bad way to use your HivePower, except for NOT using it at all! Of course, I have my opinion about HP delegations, but that doesn't mean that my way is a good way... It depends on what you want to achieve with your delegation(s)... Delegating your HivePower means that you are giving "your power" to the hands of someone else... They can use it however they want, and they are getting rewarded for using it... HivePower that you own stays in your ownership, but in some way, you are making a loan of it (you still have all rights to revoke it and "undelegate it")...

Anyways, there are some pros and cons of HP delegations, and by answering the question from the title of this post/show, you should make a list of the pros and cons of doing it! The same as when you are making some important life decisions...


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Why would you like to delegate your HivePower? Is it because you would like to support a certain person giving him/her more power to "distribute"? Or do you want to support some project that does something important for the platform? Or is it because you want to get the biggest APR for your HivePower?

Where/To Whom would you like to delegate? A person, a community, a project? We can talk about the accounts to whom you are delegating... Maybe you run the project and you would like to call people to delegate HP to you. Sell us your idea and maybe you will get some HP delegations!

When is the good moment to start delegating HivePower? I know that some could say NEVER as an answer (which is also a valid one 🙂), but this question can be crucial for you as doing it too early could stop your growth...

How much HivePower should I delegate? This one is also one of the important questions... I have to go back to the Internet to find the facts that should help me with this one... The first step is Wikipedia...

Web3 (also known as Web 3.0)[1][2][3] is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.
Source: Wikipedia

I would maybe add one more concept to this Wikipedia explanation, and that's "true ownership" of your content, of your POWER... In my opinion, the point of HIVE (and HivePower) is exactly what it says, you have the POWER to do things, to have/make influence, and it's important that you OWN and USE your power! We are witnessing the completely opposite things in "real life", where our powers are constantly taken out, or even worse, we are giving out easily... The human without any power isn't a human anymore...

Anyway, sorry for my long ramblings... We will have plenty of time to discuss these things in the show, so don't forget to join the show!!! As we have moved the clocks, please pay attention to the hour of the show... It is at 5 PM UTC, but the safest way is to check the Discord Show announcement, where it will show YOUR local time!


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How was it in the last show? The last time we had a "Special Edition" #HHHLive show, where we were discussing topics that participants raised! We had a couple of them and we had a great discussion... As usual, these "special edition" shows are not recorded, but you can check out the official recap of the show, where I wrote briefly how it was...

For all the participants, there are some LEN tokens for attending the show, and some special rewards (in Ecency POINTS) for those who were the bravest and came on the voice during the show!!! Don't forget that NOBODY is obligated to talk in the show, so you CAN come to listen and engage with others in the text chat... 😉

What steps you should take now:

  1. Join Ecency Discord here
  2. Check out your local time for the event at the top of the Ecency DISCORD side menu
  3. Click on the chat-voice channel on Wednesday, 5:00 PM UTC (check your local time here)
  4. Follow the event-chat channel during the show and engage with others!
  5. Share the buzz about the show on Ecency Waves, PeakD Snaps, and InLeo threads using the tag #HHHLive and be rewarded with upvotes!

Or just click on this link to lead you directly to the Event announcement, where you can see all the info!

If you would like to discuss a certain topic in future shows, please let me know in the comment section... See you soon!!!

Thank you for your time,

--ph--

Inviting people who asked to be tagged in the announcement posts: @borniet, @chinay04, @chocolatescorpi, @dantrin, @duskobgd, @felixxx, @foxkoit, @ganjafarmer, @gwajnberg, @incublus, @kvinna, @manclar, @melinda010100, @mell79, @mengao, @mypathtofire, @nabbas0786, @palomap3, @rafzat, @rarej, @travoved, @yummycruz1. If you want to be reminded about future shows, please ask to be added (or removed) to this list in the comment section!


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Check out these links to the previous shows:

Episode NumberTitleLink
SE093Speak issues and Discussion, Gambling Apps on Hive, Taxes, etc.Link
31TBALink
30TBALink
29HiveFest9, Impressions by @ninaeatshere, @achim03, and othersLink
28How Do We Spend Our Crypto?Link
SE08The Gang is Back, Breaking the LimitsLink
SE07Ecency Waves, HivePower, Splinterlands, HiveFest, LPs, and more!Link
27How Hive Proposals Work?Link
26Content Creation ExperiencesLink
SE06Education, Traveling Ecency Spoilers, Hive elephants...Link
25Why Did the Hive Price Drop?Link
24What Do We Expect From Hive and Crypto!Link
23Aachen Meetup and WorldMapPin Talk With @detlev!Link
SE05Usernames Origins, Age, Early Retirement, Crypto Portfolio, and more...Link
22Helping Hive to ThriveLink
21Make Yourself Uncomfortable (on Hive!)Link
20First Excursions Out of the Comfort ZoneLink
SE04BuzzParty Impressions, Weekly Recap, BonfireLink
19Ways To Buy/Sell Hive!Link
SE03Foods, Crypto Research, Education, PredictionsLink
18Best Tools For Content CreationLink
17Consistency and Adding ValueLink
SE02After Show ShowLink
16CBRS Philanthropy Chat With @minigunner!Link
15Profit Taking PlanningLink
14Ecency/Hive Chat With @good-karma!Link
SE01Relaxed "Exclusive" SessionLink
13Writer's Block and How To Overcome ItLink
12Hive-Engine TokensLink
11Hive Guidelines for NewbiesLink
10NY Resolutions and Creating Hive GoalsLink
9How Was Your (HIVE) 2023?Link
8Presenta tu comunidad - ES/EN Show! - Part 2Link
7Present Your Community - Part 1Link
6How to Start on Hive?Link
5Do You Upvote Quality Posts?Link
4Genuine? Authentic? To be or not to be?Link
3Hive Power, HP Delegation, HivePUD...Link
2Hive Meetups, HiveFest, HiveBeeConLink
1Pilot Episode (Aired 2023-10-18) - The VisionLink


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Love to talk about the latest Delegation Reward programm of @worldmappin if you like to have this topic.

The topic is HivePower delegation, and it could be one part of the show... So, why not... I suppose that people would like to hear your opinion about delegations and different aspects of it... ;)

What about joining some curation trails rather than delegating HIVE Power?

Nice question... Come to the show and ask other participants about it... 🙂

IMO, and I want to emphasize that, curation trails are a bit better than delegating out people that others use our upvote... But in the end, manual upvoting is probably the best way to do things... just my 2c... 😉

I like ecency delegation, they upvotes quite a lot, too bad they just give HP back... You know any delegation who provides hbd too? As you would get with manual curation

With manual curation, you don't get HBD... You get HP...

Personally, I'm all for manual curation and NOT delegating HP to get automatic upvotes... It kills the purpose of HIVE, decentralization, and actually does the opposite... centralizing voting power...

But, that's just my opinion... ;)