Hive Giving Us Reason To Be Optimistic

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It is hard to believe that Hive still is less than 4 months old. In that time we saw a great deal of progress. It all started with the near flawless fork of Steem. As we are seeing now, that is not always as easy as thought.

In this video I discuss how we are seeing a number of applications/platforms come online. As this grows, it is presenting us with the opportunity to reach outside the ecosystem and attract more users.


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Your current Rank (53) in the battle Arena of Holybread has granted you an Upvote of 21%

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in 4 months it progress a lots looking for a future update

nice post.jpg

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When the fork happened, I followed the talent. Some of the witnesses were doing more than Steem, Inc. managed to do.

I don’t know what talent stayed behind on Steem that could successfully fork again, They need dapps. Otherwise it’s a vanity blockchain.

I see new developments happening on Hive constantly. The talent is here.

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Summary:
In this video, Task discusses the progress and potential of the Hive ecosystem, highlighting the success of the hard fork from Steam to Hive. He compares Hive to other blockchain projects such as Blurt and Zapata, emphasizing the importance of successful development and onboarding new users for long-term success. Task also mentions various projects like D-Buzz, Dappler, and games like Crypto Brewmaster and Exode that are transitioning to hive, noting the importance of user adoption for growth. He delves into the advantages of microtransactions on Hive, its potential impact on applications like Crypto Brewmaster, and the need for accumulating Hive power for future gaming transactions on the blockchain.

Detailed Article:

Task delves into the progress of the Hive ecosystem, marking the success of the hard fork from Steam to Hive within 120 days. He expresses optimism regarding Hive's long-term success, attributing it to the ongoing development within the Hive community. Task compares Hive's successful hard fork to other blockchain projects like Blurt and Zapata, which faced delays in going live post-fork.

Moreover, Task sheds light on upcoming projects and applications transferring to Hive, including D-Buzz, Dappler, and games like Crypto Brewmaster and Exode. He anticipates these projects to go live and contribute to the ecosystem within the next few months, emphasizing the importance of user adoption for sustained growth.

In the discussion of Hive's advantages, Task underlines the significance of microtransactions, citing their efficiency, speed, and cost-effectiveness on Hive compared to other prominent blockchain platforms like Bitcoin, Ethereum, and EOS. He emphasizes the value of even the smallest denominations of Hive in the context of international transactions, drawing attention to the potential impact on the gaming industry, as seen in the example of Crypto Brewmaster.

Furthermore, Task discusses the concept of accumulating Hive power for in-game transactions, highlighting the potential need for users to hold a certain amount of Hive power for gaming activities like custom JSON on the blockchain. He speculates on the implications of Hive power accumulation for various applications and the potential impact on the liquidity and demand for Hive tokens in the ecosystem.

Task concludes by emphasizing the importance of user adoption and utility-driven growth for the Hive ecosystem, pointing out that gradual user influx from various applications can lead to substantial overall growth over time. Overall, Task's insights offer a comprehensive analysis of the Hive ecosystem's development, potential challenges, and the significance of user adoption for its future success.

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