I'm perfectly aware of this discussion, and yes, there is discussion, which I'm just taking part in right now and again. And I believe what comes good with 13weeks power-down is being overlooked. And, please, correct me if I'm wrong, second layer solution for shortening power-down is being developed, isn't it?
If this is hostility-deserving situation In your opinion I just feel sorry for you.
And what is that good? People don't want to spend money to buy HIVE partially because of it. Why would you lock your money down for something depreciating? This isn't ETH 2.0 where the coin is actually valuable.
If you have no clue what it is, then what is fairytale you are spewing? Please, enlighten us about this "second layer" solution for a very layer 1 problem?
You should feel sorry for yourself for coming into a discussion ill-prepared.
Dude, you are spewing with assumptions...
Check another comment of mine in this discussion for value of longer power-down period.
I'm talking about Hive loan platform developed by @klye, but I didn't see update in some time.
Cool down a little bit, this far below my top most pleasant discussions here.
Do you know how long it takes to change your recovery account? Yeah, 30 days. That's a base layer workaround. Not a second layer solution.
This is the part I don't understand. Could you elaborate on your argument?
Escrow is a layer 1 function. It's basically a neglected utility on the chain. Much like multi-sig also exists on Hive, but also ignored.
@Klye is actually using escrow in that service, in part, to circumvent the dumb parameters we have in place. But of course, escrow has great utilities in real financial applications.
But hey, Hive chose to ignore it when it had it back in 2016. Now, other lending projects, smart contracts, etc. fill that niche.
Thanks for explaining. True, it's layer 1 indeed. Does it cripple the usability though?
As far as I know, @klye's project is the first to attempt to make the escrow function user friendly.
As for multi-sig, I've only seen @fbslo helping people using it if they need it.
Other than that, it's about as useful as using a CLI wallet for most people.
You should probably not pull out the word "hostility" when youre the one calling this proposal "fascistic" on the other post.
K?
It's desceiptive, and clearly about attitude, not a personal thing. But yeah, unnecessary...