I know things have streamlined a lot, but it's still nowhere near good enough. Call me when you can run a full Hive node on a damn Raspberry Pi like you can on ethereum.
Definitely look up ZK Rollups. 3,000 TPS on Eth1.x today. Like I said, Loopring Pay or zkSync has been doing 3,000 TPS, 0.3 second finality, <$0.01 fees for several months now. The makers of Gods Unchained are releasing their own custom zk Rollup for gaming/NFT applications with similar scalability. Same for Curve. Synthetix, Uniswap and other massive DeFi apps are using Optimistic Ethereum, a competing rollup scaling solution. Things are moving fast. We don't know yet what Reddit are using, but they are going to offer free/near-free transactions with <0.5s finality on ethereum through whatever scaling solutions they use. Same for Curve. Synthetix, Uniswap and other massive DeFi apps are using Optimistic Ethereum, a competing rollup scaling solution. Things are moving fast. We don't know yet what Reddit are using, but they are going to offer free/near-free transactions with <0.5s finality on ethereum through whatever scaling solutions they use.
When Ethereum 2.0 Phase 1 releases next year, that'll bump up throughput to 100,000 TPS, which is light years ahead of anything Hive can do.
The key difference, though, is that ZK Rollups is backed 100% by the security of the main chain.
I agree that PoW flawed, and I know you hate ethereum, but maybe you should check out Ethereum 2.0. This, in my opinion, is the first attempt at a truly massively decentralized blockchain network. Anyone with stake can run their own validators on cheap hardware. We'll have hundreds of thousands of validators. I believe it is significantly more resilient than PoW and of course DPoS.
Once you really look at the innovations in crypto, I think everyone will come to only one conclusion - Hive is falling far behind. In 2016, Steem was great tech. In 2021, it's a dinosaur. I'm here warning you of the meteor impact, I hope you all listen and prepare for it.
RE: For Hive to succeed, stakeholders need to not be completely delusional cultists