The foundation layer needs to be finished. It needs to be protected, and that means the witness selection/retention system really does need a solid overhaul. I know people will scream all day long that what happened on steem can not happen on Hive, it needs to be foolproof. How many dead witness accounts are there? How many are current and up to date? A strong witness system will enable a lot more confidence in those that want to look at working with Hive Block Chain in a layer two system.
I see no problem with trying to protect the foundation layer from spam token, spam smart contracts. Right now there is nothing stopping anyone from building their own Hive Engine style place on Hive. No reason for others to not be able to build NFT type places either. Look at the number of games being built there was no "you can't do that" cause I did coming from you. If I remember correctly over on steem you even tried to help a few.
You have shown people what the second layer can look like how it can function and how valuable it can be.
So witness selection/retention, and resource credit sharing are two of the things I would like to see to help solidify the foundation layer of Hive. Just a Hive users opinion.
Dead witness account with votes shows that there are "dead" voters out there. Some of those votes were placed years ago and were never changed. The question is how many of those same votes are given to consensus witnesses.
We need to have some type of time decay on witness voting. One can update as often as he or she likes but after, say a year, the entire vote is worthless unless renewed.
Time decay as been discussed and I think we have enough support to push that change in. I do believe we need some kind of decay, inactive voters can hurt the network down the road.
Yes there are not only dead witnesses, but dead voters, and those are things that the vote decay does take into account, one of the ideas for correction I can get behind.
Completely agree. Either it is one year or a few months there should be a time decay and for active users a notification should be issued before a week or two to update their vote before it decays. This will not only help to remove inactive users and witnesses but also help new witnesses joining in and doing great work but are not highlighted at the top.
yeah I agree there are a lot of problems right now and I want to say there should be a platform like hive stats too monitor 2 layer token curation and author rewards
How many dead witness accounts are there? How many are current and up to date?
That's true, some witnesses who are still in the top 40 are either inactive or they simply don't give a shit about Hive in general, while witnesses like @fbslo are sitting below the top 50.
Governing the chain ain't easy, the more decentralized the more unorganized.
Whales want Layer 1 devs to make SMTs happen because they are more competent. All apps on layer 2 are not decentralized imho. Layer 2 devs have done a terrible job at that.
I agree. If there's going to be another HF it should be for that. Everything else is fluff.
I know it is hard to keep track of everything going on but several people now have been talking about decentralizing Hive engine with a mutlinode DPOS system, just a lighterweight version. We have a discord. https://discord.gg/9BuBMY
The idea in the last week has really grown wings and the ideas we have are amazing and really unique to the space. Join in on the convo if you want to help create a decentralized layer 2 for Hive.
Right now text is pretty much the only thing that can be stored on chain. It will be nice when video is also able to be stored on line, but I think that is a bit down the road.
I really do not expect applications on layer 2 to be decentralized, if there is a problem with an app I want to know who to go to to resolve the problem.
Hive Engine is a second layer system, it seems to work, Spliterlands game and several others are second layer application. PeakD is a second layer application, and they all seem to work pretty good.
I am not really a crypto person, nor a programmer, so I may not understand the nuances of SMT's being on the first layer or the second layer, I am just a user of the hive block chain. I see Hive as the decentralize ruled by no one in particular place, where people can come and build what they want tax free. That makes second layer application primarily centralized, I have no problem with that. If the applications development is not functional due to poor developing skills people will just go to another place.
It was only about 30 years ago that the internet came into being, pretty much as a decentralized entity. Standards were set, language was set, and methods were set, and all of them were part of the beginning of "open source" free to all who wanted to create.