What's really crazy is HIVEs market cap is only 344 million we nearly have to triple that to hit the top 100 list on con market cap. Imagine how crazy things will get once we do that. Much more awareness and at that point Hive would be worth $2 - $2.75 each and most likely be rather steady.
But the coolest thing is projects around hive at least that I have seen for myself only really started being talked about and implement early this year. While all last year was more of the background guts of everything we are now seeing more front end UI's, tribes, DeFi and more coming. I still consider this to be ground floor for anyone looking to jump into HIVE but also any tribes within it.
Curious are there any details about SMT or if that's going to be a thing?
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Was this a typo or a jab at Binance? LOL
I am going to guess that is a layer 2 solution. The shift was from more stuff on the blockchain to less. The focus is still the same. In the interview with Blocktrades, he shared his view which makes sense.
Creating SMTs is rather limited. Why not develop a second layer, decentralized smart contract platform where tokens can be created to represent anything? Instead of being limited to just PoB, they can pertain to whatever the creator wants since the contract can take anything.
Here is the interview if you want to listen to it:
https://leofinance.io/@brofund/yhaoovvz
Yeah 2020 was all about optimization of the base layer and bringing down the cost of running this thing. We are seeing now the development on the second layer kick into a higher gear which is going to really expand what is visible to the community. Back end development goes unnoticed by most and only becomes a concern when something doesnt work.
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Thanks for sharing the link to the interview here. Without it, I would have probably missed it.
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No problem. I hope you enjoy it and find it helpful.
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Agreed..