They will probably use ZK-Rollups or something that increases the transactions per sec into the 1000s (supposedly). I wouldn't count on Ethereum being unable to innovate.
I hope everyone orgasm over reddit adding tokens realizes what a shitshow this will be. not only is it totally centralized, the mods of the subs can decide who will trend by censoring around a post. they can boost their own alts at basically no punishment. use #HIVE instead.
People just do not seem to care about centralization, privacy and data control. I think Hive's and other competitors problem will be that Reddit has a good enough system people enjoy and now they will enjoy even more with the rewards. Once awarded the token asset is the individuals so they will not feel at risk of token confiscation.
Besides from an outside perspective Hive is centralized with the token rich controlling the chain rewards. Seems like we need a better marketing strategy.
wait till their transaction clog they will all come to hive
First I know nothing!
They will probably use ZK-Rollups or something that increases the transactions per sec into the 1000s (supposedly). I wouldn't count on Ethereum being unable to innovate.
what blockchain is reddit using? Eth? if so, hmmmmmm yeah, could get ugly.
let me copy&paste my tweet
People just do not seem to care about centralization, privacy and data control. I think Hive's and other competitors problem will be that Reddit has a good enough system people enjoy and now they will enjoy even more with the rewards. Once awarded the token asset is the individuals so they will not feel at risk of token confiscation.
Besides from an outside perspective Hive is centralized with the token rich controlling the chain rewards. Seems like we need a better marketing strategy.