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RE: Lyn Alden's latest piece on Nostr (and comparison to Hive)

in LeoFinance3 months ago

Thanks for your comment. I learned a thing or two, and maybe I'm wrong.

I agree that PoS has weaker decentralization characteristics than PoW, but Nostr isn't using any form of consensus, and I just don't see how it remains decentralized at scale. Paying relays to serve your content to others seems too much like web 2.0 to me.

And 18k vs 9k daily active users just doesn't provide an adequate test. (Where can you quickly see Hive DAU btw?)

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you read me wrong, Hive has just 10k MAUs! Nostr has double this just DAILY! Nostr MAUs are probably 15-20x that of Hive.

the last Hive stats were by Dalz:
https://peakd.com/hive-133987/@dalz/active-hive-accounts-by-category-or-posts-votes-transfers-custom-json-or-may-2024

Oh wow! Thanks for clarifying. Well that doesn't look good at all.

There isn't any growth on Hive sadly. Without NGU, people won't come. And NGU requires good tokenomics.

I see you started powering down all your hive. are you unwinding your entire position?

yes probably.