I might be wrong but isn't it possible to have a hive "reward" halving similar to bitcoin mining halving!!!?? I am not a crypto "pro" or anything but do you think this is possible!!!??
Posted via D.Buzz
I might be wrong but isn't it possible to have a hive "reward" halving similar to bitcoin mining halving!!!?? I am not a crypto "pro" or anything but do you think this is possible!!!??
Posted via D.Buzz
Just going back in your post history a bit :)
Hive's token emission is scheduled to decline like Bitcoin's but on a more gradual curve. It goes down 0.01% every 250,000 blocks (8.68 days) or about 0.42% per year.
oh okay! any plans on increasing the rates... i personally think a little higher could go a long way
I'd say it's unlikely any time soon. We had a high inflation rate early on and it was not popular with investors because the price had no hope of going up (even though people that staked were benefiting from high inflation).
aah okay ... thank you for the info 👍!
Posted via D.BuzzThe onboarding is going quiet slowly and since #Hive is decentralized also our marketing is not the best right now. So in this case i think it will be not a good idea. But with a good marketing later i think it will be good.
Aahh I see ... I haven't come across any DPoS system with this feature (yet!).... So don't you think this could potentially make #Hive stand out from the rest? Investors are mostly looking for new and improved versions of blockchain ... So this would be good for the marketing too ... Right!!?
Posted via D.BuzzAnd these tribes dont want to support another one. Thats why example #Torum was a good idea where different tribes can met, but they marketing is also weak.
Aahh yes but I think this would improve if the partnership with ignite works out.
Posted via D.Buzz
Posted via D.BuzzThan more people means more investors. I think it will be also good to dont focus just on #hive. Instea to make dapps work on more chains so more people interested in crypto will join. The problem is also that different crypto projects are like a tribes.
Posted via D.BuzzThe mass adoption I think is because of the lack of marketing first and for all. Than most of the people find it difficult to remember or keep the keys also which make the onboarding also go slow. But example #dbuzz is a really good dapp to onboard more people I think.
Looked up for it a bit and didn't find an answer to your question... As far as I know there's no halving in HIVE but I didn't find a source to fact-check.
Posted via D.BuzzIn my tiny research I got this link: https://leopedia.io/hive/#hive-rewards-pool may answer some other questions about Hive.
Thank you for the link ... I read that only a small portion of the rewards pool goes to helping the priceof hive.... But I am actually thinking about the halving of the rewards in every 5 years or so In hive ... Do you think it would be possible to implement this!!??
Posted via D.Buzz
I think it will be possible to implement, but I think it's unnecessary for HIVE... It works for BTC because of its POW reward system. In case of HIVE the more people use the blockchain the more deflated it will feel even without changine the inflation ratio...
Posted via D.Buzz
Still, I don't know if there's a halving or another anti-inflation system set for HIVE price, I'm just saying why I think it's unnecessary and I might be wrong.
Posted via D.Buzz
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Thank you! You rock guyz
Yay! 🤗
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