Blockchain Revolution - HIVE
It will be less than 24 hours until the launch of Hive.io once I finish this post. It's a revolution you can't miss. It's historic and will change the future of blockchain and decentralization as we know it. Read the announcement post by clicking on the blue text right here - The Announcement of Hive
I'm not going to talk about how Justin Sun wanted to fuck with the Steem community because everyone knows it by now. What is more important is how the community came together to overthrow this wannabe dictator.
It's the power of people and not how much money you have in your bank account, or who you go to dinner with. It's the community and the unity of people that matters!
The Hive
Hive is the new blockchain made by the community. It's from the people to the people. If you're a Steem user, you will automatically have your account on Hive with the same amount of tokens and all the posts you had on Steem.
As for Steem, it will remain where it is and we will see what happens to it. Some people said they will use both chains, some said they will switch to Hive completely. What matters is - the excitement is real! People are buying Steem coins and it has resulted in a huge rise in price. Look below:
The Hype
The hype is also real! In recent weeks, the Steem community gained more exposure than in the last four years together! We showed the world what happens when people come together and when they have one goal in mind!
Communities always win.
Here's a quote from John McAfee. Even he found out what Justin did and showed his support to the community.
The Future
Did you know about Steem Apps? They are community-created applications for the blockchain. Now that Hive is launching, many apps are coming with Hive because those developers are part of the community and it's in their interest to go with the community.
Look at this Tweet and be impressed.
As you can see, Hive is supported by many and that's how it should be. We can only achieve true decentralization by working together. Nobody wants to be under Justin Sun's command with no say on what will happen with the blockchain. This is why the Hive is splitting away from Steem.
Conclusion
The last few weeks have not been very generous to BOI when it comes to payouts because everyone's focus was on this revolution but now that Hive will be released, it's another opportunity for BOI to create and earn.
It's my advice for everyone in the crypto world to join Hive and be a part of history. With everything that is happening in the world right now, it's important to stay united and support each other. When we do that - we become better and we naturally feel better!
Thank you for reading! Until we meet tomorrow on Hive!
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Posted from my blog with SteemPress : https://www.bagofincome.com/blockchain-revolution-hive/
Join the community in our migration to Hive, a community built blockchain for the community. All Steem account holders will receive equivalent stake on the new Hive blockchain.
Please see this post on SteemPeak for more information.
I'm wondering how many exchanges will be taking Hive. I really want for us to moon but we need a lot of work to get there.
From what I saw - Binance and Probit are already in!
Binance is in on giving some Hive to its client but the press release said that they would only enable withdrawals but not trading until the currency was proven to meet Binance's standards. I'm guessing it will in time but it's not assured yet.
https://www.binance.com/en/support/articles/360040692692
So it's Probit right now. Anyway - we have to show ourselves first and then exchanges will support us. If it turns into the same shitshow like when bots ruled over Steem than I'm quitting.
Many measures have been implemented to reduce the effect of bots, such as the 50/50 reward distribution, proper muting, blacklists, curation efforts, free downvotes, etc.
Steemcleaners lost its Steemit funding, so I'm not very aware of what will be done to combat spammers, scammers, phishers, etc., but I'm sure we'll find a solution together in the future.
Yeah, things changed after the previous hardfork and it made many users come back.
We'll see what happens and I'm really excited about Hive. Together we can make it grow!
Thank you for the talk! It's not often that someone comments on my Steem posts :)
Ah I forgot, Huobi is on the same boat. They're giving Hive to their clients and allowing withdrawal only until a possible incorporation into trading.
I think the exposure we got recently has opened many eyes and soon we'll have more exchanges. Meanwhile - let's write, create and engage with each other!
Indeed! I'm a bit focused on marketing to bring value to the chain. But writing posts is within my scope of activity, just not too high on the priority list. I do wish to write more, though! I'll see what I can do.