A P2P Feature On Hive - Wen Hive Got Us Covered!

in Hive Learnerslast year

Hive has been more for me since I signed up an account to be part of it. It's been from one new knowledge to another, one level to another, one achievement to another and I can't say it had nothing to do with the various and continuous innovative upgrades done by developers on the blockchain to make users' experience better.

I was here during two hard forks so I've witnessed how much better Hive could get by every hard fork and I also do know it has gotten to the point that I can't expect but just wait to be wowed by new ideas coming from both users and developers of the blockchain.

Thanks to the Hive learners prompt, I've read really good suggestions from users on what they'd love to see Hive achieve even amidst the awesome achievements Hive has now. So here I am with an upgrade suggestion I thought about.

20231023_174121_0000.jpg
Image designed here

What if Hive has a P2P feature?

Before anything, I'd love to state it very clearly that Hive is awesome as it is right now. That is, we could do with this upgrade suggestion I'm giving but it's going to be a lot amazing to have this added if it really is possible.

I know we've got some people already engaging in the p2p form of withdrawal here on Hive but it is only limited to people of the same region or country where they use the same currency. So they just send their own currency and get paid with Hive or HBD.

While this is good for users already, and even to myself when I have to help someone to not go through the stress of making withdrawals using Binance feature or any other platform that allows withdrawals, I feel Hive would do the users' a lot more favour if one is built here on the Hive blockchain.

An easy to use and secured P2P feature for Hive users exclusively, is my upgrade suggestion.

Just in case any don't know what P2P is, I'll give a quick explanation to what it and this definition is as explained on my research.

P2P is a peer-to-peer marketplace where you can directly trade crypto with other Binance users.

So if Hive is to have one, the definition would be "A peer-to-peer marketplace where you can directly trade Hive or HBD or Hive engine tokens with other Hive users."

For one who finds Hive as a second home, trusts the blockchain and spends time here, it just feels kinda off that I'd have to go through another Web3 platform to get to have such transactions when it could be possible having same transactions here on Hive and have the blockchain gain from the p2p benefits that comes with it.

I read somewhere that binance earns while people transact using their features, would be amazing if I'd be contributing to Hive growth that way too. This is what P2P feature looks like on Binance 👇

IMG_20231023_191029.jpg

You could buy and sell Usdt after converting your HBD to Hive and to Usdt using their trade option. When you sell, you're directed here to your local country people to transact and get paid in your own currency. The process isn't so tedious but it is definitely one I'd wish not to do often and I want to believe Hive would provide a much easier and better experience if this feature is added to the blockchain.

I'd love to note here also that if this feature is added, it'd be easier for small investors like me to invest some of my money from local currency into the blockchain and not just only making withdrawals from the blockchain. This way, users will find it easier to buy more Hive to invest when they can and also find it easier to sell off in case of such situations.

There is always a possible downside to every good thing about features used in a platform of users. This suggestion have it's own downside as users could find it too easy to sell off their earnings on the blockchain but I want to believe that we have a lot more people who is on the blockchain for the long term.

Make transactions having the family feel while you're at it on Hive P2P feature.

pexels-photo-7007174.jpeg
Source

This feature will help boost a lot of trust on the blockchain and also be beneficial to all as we all do make transactions with other platforms when we want to get some funds in or out of the blockchain.

Some more benefits I'd love to highlight are:

  • Users get to connect more with their fellow users.
  • Newbies will have more guidance on how to transact when it's the right time.
  • The feature would have the Hive feel on it, making it easy to use.
  • Users will get to promote and grow their brands more through this means.
  • There will be more investors if more people trust the system through this feature.

These and many more benefits will be for the users and the blockchain if this feature is added but like I said, it is only a suggestion and in response to the prompt topic for Hive learners hehe.

Tell me what you think about my suggestion, let's connect in the comment section.

20230102_181802_0000.jpg

Posted Using InLeo Alpha

Sort:  

The P2P feature is a very good idea and with the way you explained it, it's like I am already seeing it happen.

I hope an idea like this is being considered. Thank you for sharing.

#dreemerforlife

 last year  

I hope so too, thanks 😊

 last year (edited) 

Well transactions with binance isnt that hard or slow, within 10mins one can carry out an operation, but having a p2p on site isnt a bad idea either

#dreemerforlife

 last year  

Yeah it doesn't waste time for those who can use it well enough.

 last year  

Hmmm yah you absolutely right

 last year  

Your suggestion is amazing and your reasons are well thought-out. If we can convert here and still get the money into our local bank account all from hive, we would be contributing immensely to hive in no small way. I could never have thought of this, weldone.
#dreemer

 last year  

Yeah, you got that right. It would be a good difference if we have this implemented.
Thanks ma'am.

The p2p feature is an incredible idea of an upgrade to Hive. It will be nice seeing lots of users who can engage in this.

Hello dearest dreemer. Happy Wednesday. It is another brighter day to start one's day with daily positive affirmation. Be a light that shines brightly to those who have given up on hope. I waltzed in from #dreemport, for I am an amazing #dreemer. An awesomely made #dreemerforlife.

 last year  

Yeah it will be a good upgrade. Thanks for stopping by dear.

You are welcome panla fish🤣🤣🤣

 last year  

P2P feature would definitely be amazing on the hive Blockchain.

I mean it'll save a lot of time and given the fact that hive is a decentralized space, it's makes such transaction much cool and safer unlike we've on web 2 space like binance and the likes.

I hope this comes to reality soonest.

 last year  

Yeah, we are hopeful but things are going great without it too so no pressure hehe.

 last year  

Chisos! USD/NGN is now over ₦1,200?? My lawd... Oh well, back to the matter.

This P2P feature is a brilliant idea. One would not need to go out of Hive to do necessary things. The only hitch I think we may have is the number of users actively using it. Because there are so many people using it on Binance, one can get to sell as soon as possible.

We need to get more people on Hive from places around the world to make it more and more fluid.

 last year  

Yeah, that's a factor to consider. Well, it's only a suggestion
Things are still great as it is but yeah, we need more people to know about Hive regardless 😃

that's a cool idea. a difficulty may be that in different countries such an arrangement could violate existing laws and so it could only be available to certain members, which becomes an additional difficulty

 last year  

That's true, would have been a great idea if there were no difficulties.

 last year  

Oh my dear merit 🤭🤭🤭
Where Una see this kind of brain oo 😂
How come I didn't think in this direction

This is indeed amazing idea and will be a welcome upgrade oo 😂
No need for binance all the time...Omo, I fear dollar rate today

Tinubu don kill us at last 🥲🥲

 last year  

Haha on God for that dollar rate matter o
Glad I shared 😁

 last year  

If hive should have this function, then it would totall become a game changer for me, I hate the fact that I have to go through Binance, it some becomes confusing and tiring to me!

 last year  

Haha yeah, I know exactly how that feels 😅 it's almost sure that Hive would make it much easier.

 last year  

I swear, I too dey disturb you 😂😂🥲

 last year  

Haha nor be small 😅

 last year  

😂😂😂

 last year  

This is a nice upgrade and just as you have said, having this feature could make some people keep withdrawing as they find it easier but the ones who are for the long term wouldn't take the advantage but to keep growing and supporting the system. Well done 👏

 last year  

That is true, there is always a downside to things so it's expected.

 last year  

With the increase in dollar rate, this upgrade is really needed, right now I have binance application on my phone with storage capacity of 320 mb. This occupies space on my phone.

But if Hive contains all this features why would I download it and trade there...basically I trade their with Hive tokens nothing else. Sometimes I also wish that I know more about Forex so that I could also learn to trade with binance.

I hope this is taken into consideration because it's really important.

 last year  

Yeah, I can relate with all that very well.
Even I wish I know about Forex 😅

 last year  

Although I don't feel it is difficult but available P2P feature in Hive would be better and easier. I would save some effort of us.
Newbies guideline is a compulsory thing in my opinion.
!PIZZA

 last year  

Yeah it would be much better and easier.

 last year  

I really love this suggestion and I'm sure hive will get there soon. This will be a game changer and it will also invite a lot crypto lovers into the ecosystem.

You have done a great explanation here my mentor. You are amazing !!!

 last year  

It definitely would be a game changer hehe.
Thanks for the compliment sir 😊

This will surely help reduce engaging with exchanges and indirectly help make the market of Hive a strong one. It's a good move that all trusted parties of Hivers can adopt.

 last year  

I think that is the main point of this feature, to have all our transactions in the blockchain and interact more with users in it.

 last year  

Wow that's a beautiful feature, I once thought of something like this but you made the point clear, it's really going to be easy trading crypto with this your idea

 last year  

Glad I made it clearer, it's a cool idea you thought of hehe

A P2P on Hive would really be a game changer for the entire ecosystem.
Nice suggestion 👍

 last year  

It sure would hehe

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 179 of my contest just started...you can now check the winners of the previous week!
!BEER
7


Hey @merit.ahama, here is a little bit of BEER from @pixresteemer for you. Enjoy it!

If you like BEER and want to support us please consider voting @louis.witness on HIVE and on HIVE Engine.

https://inleo.io/threads/merit.ahama/re-merit-ahama-2fhcqoflp
The rewards earned on this comment will go directly to the people ( merit.ahama ) sharing the post on LeoThreads,LikeTu,dBuzz.

PIZZA!

$PIZZA slices delivered:
@intishar(4/5) tipped @merit.ahama