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RE: Steemjet or Hivejet?

in #steem4 years ago (edited)

Hello @dimimp, First of all. I would really appreciate if you go to the dapp for posting to hive.blog that @empato365 @citimillz @ackza and the telokanda core team has created on hive blockchain called TELOKANDA, here at https://nitrous.telokanda.com, you have a wonderful posting experience to hive blockchain using the @telokanda dapp. You can read the about telokanda network here then you can also buy KANDA tokens with HIVE through this link : https://hive-engine.com/?p=market&t=KANDA
we are currently giving a 30% bonus to everyone who buys kanda tokens with HIVE before 10th June.

That aside, Now concerning the HIVE vs STEEM blockhain. I would suggest you choose HIVE and not STEEM simply because of a possible 51% attack.

51% attack is process whereby a single or certain group block verifiers/validators (Miners, or Witnesses or Block Producers as the case may be) control over 51% of the verifcation process as a centralized entity, which could lead to validation of false transactions and stealing of blokchain funds which are supossed to be decentralized. 51% attack is what @justinsunsteemit is currently doing on the steem blockhain and it is also the more reason why we at telokanda moved @telokanda from STEEM to HIVE blockchain. It is not safe when a central entity controls over 51% of the blockchain validation process and reward. The steem vs hive saga which happened last month was as a result of this and https://blurt.world was born to be launched on or before July 4th and to remain neutral during these bloackchain wars

There is also another important thing I need you to consider when making your choices. It is called the crypto J-Curve

The crypto J-Curve

This is an importantbfactor that I normaly consider when doing my long term fundamental analysis

As the cryptoasset markets develop we’ll see many booms and busts as enthusiasm waxes and wanes. Waxing and waning is all part of riding a rocket to the moon.
Bitcoin has been through a few boom-bust cycles already, most notably the waxing enthusiasm leading into late 2013, when bitcoin first broke $1,000, followed by the painful waning that lasted until January 2015 and bitcoin’s bottom at $175. With bitcoin now pushing towards $4,000, up nearly 4x in 2017 alone, we are once again in a period of waxing enthusiasm.
For the cryptoassets that have actual utility value, this waxing and waning pattern will create a price chart that resembles a familiar pattern: the J-curve.
In private equity, the J-curve refers to a portfolio’s cash flows, while in economics it is commonly used to describe the effects of currency devaluation on the national deficit. In crypto, a new J-curve is born.
The basic idea of a crypto J-curve stems from how the market values a cryptoasset over time. I think of a cryptoasset’s price as composed of two forms of value: “current utility value” (CUV) and “discounted expected utility value (DEUV),” the latter of which some prefer to call speculative value. (Sidenote: the term speculative value can only be used pejoratively if one also acknowledges the pricing of most all high growth equities is largely composed of “speculative value” around future cash flows).
Upon trading, enthusiasm for a cryptoasset is high, and typically continues to wax for a while. In this period, the CUV of the asset is minimal, or non-existent if there’s no protocol. The asset is then largely composed of DEUV, and thereby exposed to the whims of Mr. Market. This initial period of high enthusiasm is the first (mini) peak of a crypto J-curve, as shown below.

20200603_202016.jpg

Sorry if this crypto J-curve analysis has confused you a littke bit but is what you need to consider when choosing between hive or steem. NONE of these blockchain is perfect anyways but from my opinion the idealogy of the crypto J-curve is going to become effective on hive blockchain more than steem. I had to talk about the crypto J-curve because the crashing price of steem was what drove most away back in 2018, but today I did the J-curve analysis on HIVE and I can say HIVE a better prospect for being at the top of the game between steem vs hive. We do not want to go away anymore because of any crashing price factor.

Another factor about hive blockchain aside decentralization, communism, and hive consensus witnesses is the scalability of the HIVE blockchain which is very unique. As a graphene blockchain it scales up to as fast as 10,000 TPS. Hive blockchain also has a very important tool which is helping alot in the blockchain onboarding aspect. Remeber steemjet tried onboarding people to steem, imagine if we have something like https://hiveonboard.com where newbies can create an account on HIVE blockchain in less than 2 minutes with their mobile devices, the work would have been much easier for @mbj of @steemjetnewbies to do.
Active users are always the key players to the game.

Another point of consideration is Blockchain government.

up to date we have three generations of blockchain governance genrations
beginning from bitcoin which adopted 1st blockchain governance system, 2nd genaration can also be seen on POS blockchains and other hybrid blockchain. The 3rd generation is the latest.
I do not want to dive deep into governance apect but I want to make it clear that HIVE has adopted a 3rd genaration governance system like that of telos(TLOS) compared to the old 2nd generation of government like what we have on steem and tezos(XTZ). Decentralization is always very important when it comes to blockchain tecnology.

I intend not to make my coment too long but other factors listed below is the more reason should consider moving to hive and using either @hivejetcontests and @hivejet for our usual parties, reliefs and sponsorships.

  • Hive has more dapps
  • Hive is no threat to dpos
  • Hive is no decentralized and the posibility of 51% attack is very low.
    etc.


Yours sincerely
Empato of Telokanda
Your MoneyMan
SpaceForce 1

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