HIVE launches in less than 1 hour

in hive-175254 •  3 months ago 

After a few months of useless negotiations between the community and Justin Sun, the fork is here.

Captura de tela 20200320 10.08.01.png
(Source: Coingecko)

A fork is always an interesting situation for a blockchain, because instead of a "swap", as promissed by Justin Sun at the first day of Steemit Acquisition, both chains will coexists, and probably one of them will have more value than the other.

By the way, if you are happy with STEEM rise in price, sorry to break the news, but expect som dramatic price drop on the next few days, as it always happens when a fork happens.

Wich one will thrive?

That is a hard question to answer. There is a lot of possibilities that might happen, and a lot will depend on wich direction each chain will take.

On one side, Justin Sun (and those who support him and his actions) will have full support to do whatever he wants.

Only time will tell if he will actually do good things for Steem blockchain

On the other side, The Hive is aiming to be fully community controled, excluding from the start, the Steemit Inc. stake (wich will be directed to a development fund, just like the SPS we have here today).

The good news is, we can choose to participate on both of the chains, and decide later.

What can we do?

We, normal users, can't do much but watch how things unfold.

For me, i will just wait and see.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

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 follow @innerhive on twitter for more information.

Hi @phgnomo

2020 is bloody intense so far. I wish both HIVE and STEEM would do well in the future. With 2 different directions. Both being succesful.

Project.hope will be supporting content created by all authors collaborating with us so far. Regardless if they will be posting on hive or steemit. Or both.

Personally I believe, that majority of users will post same content on both chain. Most likely original publications will be posted on HIVE and then Steem blockchain. And we will support all of those posts the best way we can.

Hope it does clarify project.hope stand on this issue?

Yours, Piotr


We are on hive!! What does it mean for Project.HOPE?

I believe both will thrive if the team behind both projects work a bit harder and aggressively. For me, I am sticking to both chains cause I am hopeful both will turn out successful.