Main segment
LARYNX Miner Tokens
40k donation for futher SPK network development
https://hive.blog/hive-139531/@disregardfiat/nft-research-attributes-and-modifications - @disregardfiat, @simplegame
https://peakd.com/hive-167922/@trostparadox/some-of-my-students-could-use-your-help-ideas-for-how-to-add-value-to-the-hive-community - @trostparadox
https://hive.blog/hive-167922/@geekgirl/response-to-trostparadox-s-student-projects-ideas-post - @geekgirl
@brianofLondon's v4v proposal got funded - PPL using this feature already
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Shit We Found
https://hive.blog/hive-167922/@dalz/the-hive-supply-is-going-down-or-a-breakdown-of-the-hive-historical-supply - @dalz
https://hive.blog/hive-181335/@eddiespino/nxfnqpul @eddiespino
https://hive.blog/hive-167922/@lordbutterfly/marketing-update-27-wendyo-interviewnew-promo-video-ad-landing-page - @lordbutterfly
https://hive.blog/hive-139531/@quochuy/3xi44p-my-new-contributions-to-the-hive-condenser - @quochuy
https://hive.blog/introduceyourself/@mickiewicz/hallo-hive-it-s-me-mickiewicz - @mickiewicz
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~~~ embed:1438216517603053569?s=20 DAO's twitter metadata:Y3J5cHRvX2JpdGxvcmQ3fHxodHRwczovL3R3aXR0ZXIuY29tL2NyeXB0b19iaXRsb3JkNy9zdGF0dXMvMTQzODIxNjUxNzYwMzA1MzU2OXw= ~~~
Comments From Last Week
Weekly task
First main tasks to follow. Check out our MVP for our task setting platform at https://speakbounties.herokuapp.com/
We will reward the first commenter to add timestamps, content url and content creator hive user name where relevant.
@dollarvigilante @lukewearechange - Encourage them to post to 3Speak
Approach interviewers for SPK Network and Hive
Try out value for value on podcasts - https://peakd.com/podcasting2/@brianoflondon/listening-to-podcasts-while-streaming-sats-with-value-4-value
Top Voted guest gets on the show - just comment you want to be on and if you get the votes, you will be invited
"Community Token Talk - CTT - the cutting edge of the new Web 3.0 world"
===============================
▶️ 3Speak
Hey there @theycallmedan
Obviously you and the team @threespeak @eddiespino @starkerz are working hard around the speak network.
I just started an account called @hive-test-bg to report bugs/issues around the Hive blockchain.
Here is the first one video about 3speak.tv that I would love to report.
Also more about how the account is going to be used and share information in this post:
https://ecency.com/hive-125125/@hive-test-bg/introduction-for-hive-test-bg
Keep on the good work!
Namaste 🙏
Much appreicated!
Namaste 🙏
Something to listen in my car.
Wow. I am famous now. Thank you for mentioning my post in the main segment. Level Up! Go Hive!
Everybody, most interesting part is at 22:00. Everything else is boring. :) lol joke.
Awesome show as usual!
haha as always like to hear your thoughts on things you come up with great ideas!
My love my pray one day hive will be dream place for world reason these project when alive
Thanks for mentioning.
Thanks for the shout out!
I will iterate on the hive supply charts and try to make them better, simple and incude everything. Its quite the chalange :)
Thanks for all the good work love your post
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STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Very interesting. Thanks for explaining the SON´s.
Tech sounds super cool. I hope with time it will become really easy to use for the end-user.
That is the main goal. This stuff has to be easy to use to the end user or it won't be adopted. Think of them as pipes, you won't even know they are there, use just turn the sink on and it works.
A lot of connections build an house :)
Couldn't have said this better.
We need to make this super easy.
Thanks for the shoutout guys! im gonna let a day pass and see if anyone else wants to take a shot at the timestamping ; )
Ps: btw I would still love to be on the show and talk about @Skatehive, and just hangout.
I have nothing groundbreaking to bring to the table haha, just would be cool to talk to you guys and give my shootouts to the folks on hive who deserve it.
Question about the SIP.
What is locked liquidity? If HIVE goes into the SIP and then people sell SPEAK for HIVE, then HIVE goes back out of the SIP, right?
In that case HIVE isn't locked.
HIVE is used to buy miners/ad rights. Half of that is used to buy SPK. The rest of the HIVE & the SPK are paired and put into a liquidity pool in which no one has the keys, so they are locked in there and cannot be withdrawn.
But how do you trade them if they are locked in there?
Let's say 10 HIVE and 10 SPK are locked in the liquidity pool. I then want to trade SPK for HIVE. I send SPK to the liquidity pool and take HIVE from the liquidity pool.
Now there's less than 10 HIVE in the liquidity pool, so they weren't locked in there. I think I'm missing something.
The HIVE & SPK are locked in a liquidity pool permanently. That means that no one can remove those tokens. After that, the free market kicks into gear, and that is how SPK is priced. If people sell more SPK for HIVE, then some HIVE will be removed from the LP, assuming no other non-perma stakers are providing liquidity for staking rewards. However, the order book, over time, will become thick. If there is a lot of SPK being sold and no one buying, the price drops, meaning less and less HIVE is taken until the price becomes peanuts, and there is sort of a standstill. All of the HIVE could not be removed before the price of SPK vs. HIVE is basically nill. And the same thing in reverse, if lots of people are buying on SPK, that locks more HIVE off of the market. The key here is that no one can take those LP tokens, remove liquidity and dump them, it just builds in either direction, SPK locked, HIVE locked, it may swing in direction how much vs each other, but still, even at a low SPK price, that means tons of SPK is locked in the LP to make up for the missing HIVE, compounding over time. So it self corrects.
Also, something to consider, the only way to get SPK to is mine. In the future, you'll need to buy new miners to stay competitive. The HIVE that buys the SPK buys it from the LP, raising the price of SPK in the process. Then it takes that very same SPK, pairs it with HIVE, and adds it permanently to the LP, creating a stair step like foundation after each rise.
So theoretically, one could see low buy demand for SPK. However, the very nature of getting SPK requires liquidity to be added, and since SPK starts at zero, there won't be much to dump for a while, which gives the SIP time to generate thick liquidity.
Okay, makes sense that's what I thought.
The locked liquidity could be used in a better way by running a bot that does market making with limit orders. Uniswap already has a way for people to provide liquidity for a specific price range, so that allows limit orders in liquidity pools.
This would allow the locked liquidity to not only generate fees from the pool, but maybe even trade profitably and provide massive liquidity like typical market maker algos do.
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STOPCheck out the last post from @hivebuzz:
tnx
!LUV
<><
@theycallmedan, you've been given LUV from @bokica80.
Check the LUV in your H-E wallet. (2/10)
Very long podcast but, useful insightful to share ideas, current projects, and community update.
Looking forward for the next one.
Cheers,
@yehey
We plan to get someone to chop it up into segments, we know 1hr + is a lot for anyone haha.
I'll get the timestamps up shortly
Here is a detailed summary article about the episode of the Community Token Talk Podcast with TheyCallMeDan and Starkerz:
Hive Network's Decentralized Future: Exploring the SPK Network's Progress
In the latest episode of the Community Token Talk Podcast, hosts TheyCallMeDan and Starkerz provided an in-depth look at the ongoing development of the SPK Network, a highly anticipated project built on the Hive blockchain.
The discussion began with Dan explaining the role of the LARYNX miner tokens, which serve as the first line of defense against potential attacks on the SPK Network. By requiring users to purchase these tokens in order to mine the underlying SPEAK governance token, it becomes much more difficult for large entities like Facebook or YouTube to dominate the network through sheer computing power. Dan also revealed plans to implement a transaction fee on SPEAK transfers, with a portion of those fees being distributed to LARYNX miners as an additional incentive.
The hosts then announced a $40,000 donation from the 3Speak team to further support the SPK Network's development, emphasizing their commitment to the project and the Hive ecosystem as a whole. This led to a conversation about the importance of decentralized autonomous organizations (DAOs) in funding and governing blockchain-based initiatives, in contrast to traditional centralized fundraising models.
The discussion then shifted to recent community contributions, including a blog post from DisregardFiat exploring efficient methods for storing and managing NFTs on the Hive network. The hosts praised this type of open-source, community-driven innovation as essential for the continued growth and adoption of decentralized technologies.
Additionally, the podcast touched on the ongoing work of Lordbutterfly, who has been actively promoting Hive through interviews and outreach efforts. The hosts encouraged the community to continue supporting such grassroots marketing initiatives, as they play a crucial role in raising awareness and onboarding new users.
Towards the end of the episode, the hosts addressed a tweet from Cryptobitlord7, who expressed optimism about the future of decentralized autonomous organizations (DAOs) in the crypto space. Dan and Starkerz agreed that the Hive community's experience with its own DAO serves as a valuable model for how to build truly decentralized, community-driven projects.
The podcast concluded with a review of the weekly tasks, including testing the SPK Network's Bounties MVP, encouraging content creators to post on 3Speak, and exploring the Value for Value podcast integration. The hosts also teased upcoming developments, such as the release of the Hive Suns testnet and the introduction of a regular developer update segment on the show.
Overall, this episode of the Community Token Talk Podcast provided a comprehensive update on the SPK Network's progress, highlighting the Hive community's commitment to building a decentralized future through open collaboration and innovation.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.