What you've said is very true for all assets, the utility is very important.
Didn't know there is this number of different front ends on hive. The site you gave me had quite a number there. Thank you. Will explore all of them
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I don't use most of them regular but some are really cool ideas. What attracts me to INLEO is I think they know how much of an uphill battle it is and they come up with creative solutions to bring the whole Hive Ecosystem forward in a reasonable time frame. 3speak/SPK network is similar but what they are doing is so huge, I think they will need a bigger team to make real progress.
3speak is like the YouTube of the whole Blockchain right? At least that's what it's looking like to me with all that I'm seeing. Does that mean every video someone create on this Blockchain can be seen there?
Yes, but they are building something else called SPK network which is like Torrents/streaming video but you get paid to host the videos. Decentralized monetized data storage. So like imagine mining a token by hosting your favorite youtuber.
Whoah, so if you have the storage space you could set up a whole business for that. This is a great idea. I guess the beneficiary will be split between them and the one hosting a suppose
I’m not sure they are going to earn anything from it. The way it works is that you can host anything without any data storage on their part. They will likely be the biggest host though since it’s the project they created and they believe in it
So if I'm getting you right, if you host the video you don't get paid? But probably the beneficiary they take reduces because you hosted?
I'm a bit lost
for Bitcoin you use your pc power to solve algorithms that keep the network secure. With SPK you will use your PC storage to host videos and earn SPK token. It’s decentralized so I don’t think they will earn anything from you hosting.
So you can earn by hosting my videos. I’m not sure the incentives to buy the coin, I forget but it’s very cool and smart. But they re taking forever lol
I don’t get it anymore, I have lots of storage space, so it would be great to earn some extra money that way
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