Summary:
In this video, Task discusses the overlooked nature of Hive in the cryptocurrency industry. He emphasizes that despite this lack of attention and respect, he is not concerned as he sees significant potential in the ongoing development within the Hive ecosystem, particularly focusing on the progress and advancements made by projects like LeoFinance and Threads. Task compares the current situation of Hive to early internet days, highlighting the importance of continuous development and innovation. He points out that while Hive may be overlooked now, the infrastructure being built and the applications being developed have the potential to change the game in the future.
Detailed Article:
Task begins the video by addressing the issue of Hive being overlooked in the cryptocurrency industry. He acknowledges that despite Hive's technological superiority and existing functionalities, it often does not receive the recognition it deserves. However, Task expresses his lack of concern over this oversight, highlighting the ongoing development within the Hive ecosystem as a key factor. He mentions LeoFinance's Threads as an example of innovation built on top of Hive, showcasing advancements at both the base layer and the application layer.
The discussion delves into the importance of continuous development, not just in the core technology of Hive but also in associated technologies. Task brings attention to smart contract technology and projects like dlux and SPK Network as crucial components that contribute to the ecosystem's growth. He emphasizes the significance of infrastructure being developed, particularly in preparation for Project Blank and the potential it holds for the future of Hive.
Task explores the diverse range of technologies that Hive is involved in, including social media, DeFi, and smart contracts. He points out Hive's role as a leader in social media technology, citing examples like FreeSpeak and LeoFinance. Task sees Hive as playing a significant role in Web 3.0, with the capability to offer unique features for content creation and promotion not available elsewhere in the current ecosystem.
Moreover, Task draws parallels between Hive's current state and the early days of the internet, highlighting the long-term nature of technological development and adoption. He underlines the value of ongoing innovation in applications like Splinterlands and Rising Star, emphasizing the potential for breakthroughs in the future.
In conclusion, Task remains optimistic about Hive's future, even though it may currently be overlooked. He believes that the development underway within the ecosystem, especially with projects like Threads and LeoFinance, signals a promising trajectory. Task encourages the community to continue promoting and building on the Hive platform, envisioning a future where Hive's capabilities and offerings will attract more users and recognition in the industry at large.
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