Hive Is A Decentralized Database
1/ One of the reasons why the Hive network has value is because it is a decentralized database. With the training of AI becoming more important, data is required.
1/ One of the reasons why the Hive network has value is because it is a decentralized database. With the training of AI becoming more important, data is required.
Data has a value and when it is evaluated by a system called -blockchain, then the network holds value.
When network keeps the value, we become "valuable".
Ha ha
It all does feed into it. We are building something of value and in more than just the monetary sense.
Indeed. 🏆
2/ People need to realize the more content on Hive, the more data the world has to use for this purpose. Right now, social media is a huge treasure chest of data, controlled by the centralized companies.
3/ With Hive, the decentralized database is not controlled by any individual or group. It is also text that can be fed into machine learning engines for training.
4/ So with Hive, while you might not own your data, neither does anyone else. Once posted, it is on the public sphere, controlled by no individual.
5/ This is an overlooked concept. The more data on the database, the more valuable Hive becomes. We see this with training data and know this was one of the reason Musk went after Twitter.
6/ It is vital that people keep up with the #technology motivations behind certain actions. Most do not think like Musk and Zuckerberg, hence not understanding what is taking place.
7/ We all know the value of data. However, do we truly understand the value of decentralized data? If so, why do so many in #web3 insist on feeding the #web2 databases?
8/ The reality is we should be 4 or 5 to 1 in our #web3 data creation versus #web2. This is where we start to mount a charge.