Without a doubt the correlation to input of value is variable. However, we know that it has to flow though in some percentage.
Layer 2 is crucial for blockchains.
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Without a doubt the correlation to input of value is variable. However, we know that it has to flow though in some percentage.
Layer 2 is crucial for blockchains.
Using just the $HIVE example, there would be considerably LESS value overall without the use case being demonstrated through Layer 2 incentives. They 'power' the growth cycle of the parent.
Without a doubt. There is a limitation to just the transaction/ledger layer.
Smart contract change that but bring scaling issues. Hopefully Hive can solve this with layer 2.
While I believe there needs to be some (conisderable?) change in the overall business model, the implementation of additional Layer 2 resources will be interesting to watch.
There is a lot of potential. Yes I agree it will take some time.