Is what it is. If it doesn't have real world utility, I don't have anything to do with it anymore. Been burned by too much BS since 2016 and really only focused on a few majors that I actually use as money to buy things in the real world.
I am not a gamer, so none of that really appeals to me at all. I have Splinterlands cards and used to try and play, but I have lost a huge amount of money it on because the card market went to complete crap.
InLeo would be best to fork away from Hive to really grow IMO and become it's own chain to get away from the old oligarchs of the old chain that are hindering it's growth.
I am not a fan of Solana or any of the projects there. They all seem like nothing more than cash grabs and vaporware with absolutely NO real infrastructure behind it. The Solana blockchain has crashed more times than I can keep up with. Definitely not something I am putting my funds into. But that's me. You do you boo.
Seems good. But have they (from Inleo, not from users) tried to promote their own products outside the HIVE ecosystem? (because I don't really follow their development, so I'm curious)
Some of us got interested in crypto because it started with airdrops offering free money (who here doesn't want free money). Or maybe there are users we follow on social media showing off the benefits they get from airdrops or memecoins, and some of us follow their lead (FOMO).
In SOLANA's case, it's mostly because of the memecoins. Solana which can now be considered the home of thousands of memecoins (or rather shitcoins) But in Solana there are also still some good projects such as JUPITER, RAYDIUM, MAGIC EDEN, TENSOR, and so on.
airdrops are often raised by some projects as an incentive for users. I think because of this, users are divided into 2 sides (the side that uses a project because they hope there will be an airdrop and the side that uses a project because of its usefulness). And sometimes even with the lure of airdrops, if the distribution is unfair or seems stingy, a project can be abandoned by its users.
Oh I understand what it's drivers are, I have been around this space for a long time at this point and worked in many different ecosystems in the space. I used to work as a validator team in the Cosmos ecosystem during the last cycle and it was a nightmare. Just a bunch of crap chains dropping crap coins with absolutely no utility other than to dump and run on their greedy little followers who cared nothing about crypto and just wanted to make fiat gains. They were all rude and would only stake with you if you gave them shit for free. This caused a crap ton of centralization at the top with teams giving away NFTs and stupid shit like that. It causes issues with chain security when you have all the stake with a few players.
It was a complete nightmare to be honest and not what the original fundamentals of the space are about. Chains like Solana, Cosmos, and other ecosystems are driven by greed for the most part. Those of us who have been here for quite a while have more discipline and conviction over their investments. Some don't, but they are gamblers in my opinion. Crypto is an industry. For me it's a true business where I make my money everyday, so I take it more seriously. I am here for the freedom money and to create an alternative economy outside of the traditional system. You know, doing commerce with true peer to peer cryptocurrencies.
In many cases with Airdrops, it's not free money, nothing in this world is ever really free, you are giving up your time, data, or money in some kind of way. It's all a marketing gimmick because the devs hold the majority of the tokens that they use to tank the prices of the tokens before they run. Seen it too many times. I mean, do whatever you are going to do, but don't forget the reason crypto exists in the first place.
To answer your Inleo marketing question, yes, the market like crazy outside of Hive and have several partnerships they are developing like with DASH, CACAO, and Thorchain. They also have an Arbitrum and Ethereum version of LEO, but that is an attempt at cross chain liquidity. I say they need to fork away from the old Hive guard and create their own version of the chain with full history. Just my opinion. Hive is great tech, but the people running it are not so great, we'll just put it that way.
InLeo would be great on Solana although I'm not sure if it would be technically possible.
When thinking about the last couple of years, I've experienced 1000% more node issues & downtime than on Solana! 😅 And I've been using both daily. See you are perhaps not very active on Sol, it's actually very stable these days and the apps are quality ones and don't look like made in granny's basement 😀.
No wonder devs favor Solana:
In Solana there is already a DSCVR which is similar to Facebook (although it originally came from ICP). Unfortunately the only way to earn is to rely on tips (upvotes don't earn anything, just numbers). However, DSCVR has held several Airdrops (free NFTs, tokens, or points).
Hey, thanks for sharing this! I need to check it out. 👌
No, I am not active on Solana at all. I don't have a reason to be. I don't chase casino vaporware coins and that is pretty much all it's for. There was too much crap going on with it in the beginning that I never cared to look back at it. I only use crypto with true fundamentals and infrastructure behind it. Basically Hive is my only DPoS coin anymore, and I use it to get more Monero, Litecoin, and Bitcoin, which I use to buy the things I need in life.
Nah, it's much more than casino coins. That's just what's showing outside to those who aren't using it. That's just the stuff that makes headlines.
I get Bitcoin, but why buy Litecoin & Monero though? What to do with those?
Monero is private and actually fungible where Bitcoin is not. It allows me the ability to hide my transactions, account balance, etc from any prying eyes by default, not using some extra feature. Basically the actual closest thing to a true digital cash we have. Bitcoin is easily tracked and traced, especially if you have ever used that address with a KYC account like sending funds from an exchange. They can also freeze these funds if they think it has ever been used by sanctioned addresses. You may not know where your BTC comes from, or what it's history has been but they can totally trace it using Chainalysis. It doesn't matter one bit with Monero, because they can't find it, and when they upgrade to their new full member proof feature, there will be NO way for Chainalysis and the IRS to track it, at all, which they have both admitted. The only way they can track it now is by using IP addresses of nodes they control. So run your own node and use a VPN which one should be doing anyway, and you are perfectly safe. Not to mention that it is a CPU mined ASIC resistant coin. This gives anyone with a computer the ability to mine it. I actually have 2 old macbooks running it along with about 4 other computers built for the purpose of mining. No popularity contests for votes like Hive or other DPoS chains. Just hook up the machine, or just launch the mining software when you are not on your computer and start mining.
As for Litecoin, it is faster than BTC, way cheaper on transactions, and is accepted in all the places I use crypto. Basically the silver to bitcoin's gold. Also it's a very easy way out of Hive using Tribaldex with no minimum needed for withdrawal. They have also implemented privacy features with Mimblewimble as a side chain, allowing people to transact privately. It still has the limited supply at 84 million, so it is a scarce asset. It is also merge mined with DOGE which gives extra hashrate and security to both chains. Plus I mine it... It's been around since 2011 with no issues, shut downs, or hacks, so it is essentially just as secure as Bitcoin.
Remember, there are those of us that still believe in building a better economy overall, not just chasing fiat gains.
I can definitely take a second look at it. I know it was added to my favorite leverage trading DEX as a blockchain option, but I normally use BSC for that because I can earn Hive and swap for BNB, lol. But I did see too where SOL was added to Tribaldex, so to be fair, I will take another look and possibly give it a try.
Actually, I had to use Solana for a USDC transfer not too long ago (like a couple of months ago with Polygon was going through it's transition from MATIC to POL), and the transaction failed multiple times. So needless to say, I wasn't impressed.
Under certain conditions, SOLANA will sometimes experience such issues. Such as when many users claim Airdrops, massive purchases of memecoins, etc.