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RE: The First wHIVE Was Just Minted on the ETH Blockchain

in LeoFinance5 months ago (edited)

I agree, wHIVE has the same problems as wBTC and other wrapped assets. I am working on making it more decentralized by using multisig wallet on Hive/Ethereum.

Atomic swaps could solve part of this problem if they were added to Hive: https://hive.blog/hive-102930/@netuoso/hive-bridge-atomic-token-swaps

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Atomic swaps would be a good idea too. As long as the plugin didn't mess a lot with the L1 of Hive, messing with the L1 can result in drastic mistakes that can make the chain crash (like we've seen in the past)...