The Dawn of a New Era for Hive: Smart Contracts
Greetings to the ever-evolving Hive community! As someone who has been a part of this vibrant ecosystem since its legacy days on Steem in May 2017, I've been a firsthand witness to its exponential growth. From blogging to actively curating and engrossing myself in enriching discussions, I've sailed through the highs and lows.
My Journey with Hive
From my early days in 2017, my primary engagement with Hive has revolved around blogging and curating. Engaging with a multitude of users, understanding diverse perspectives, and growing with the platform, my journey with Hive has been nothing short of incredible.
The Call for Upgrades
But as with every technology, there's always room for evolution. The beauty of Hive lies in its decentralized nature. Every major upgrade, unlike its centralized counterparts, requires a consensus. It's a testament to Hive's dedication to staying true to the spirit of decentralization. One such upgrade that I fervently wish for is the introduction of smart contracts - much like Ethereum's mechanism. And I'm elated to see projects such as @vsc.network pioneering this endeavor on Hive.
The Benefits
Imagine a world where Hive boasts a fully decentralized smart contract system. The possibilities? Boundless. To the skeptics, I'd like to point out that while many blockchains tout decentralization, they're often marred by the overpowering influence of Venture Capitalists. With Hive, the power truly lies with its users. And that's groundbreaking.
Platforms like Ethereum, Binance, and Solana have dabbled with similar features. However, they are ensnared by the strings of their investors, making them not-so-decentralized after all. Hive, in its essence, could change the very narrative of what a decentralized smart contract system looks like, especially one devoid of overarching external influences.
Challenges and Community Impact
I might not be a developer, but the implementation of such a system is undeniably challenging. How will our tight-knit community react? What hurdles will developers face? These are pertinent questions that time will answer.
Closing Thoughts
To the Hive developers, general users, and potential investors, the horizon is bright. A smart contract system on Hive, in its truest decentralized form, isn't just an upgrade; it's a revolution. As we look to the future, let's embrace change, innovation, and the limitless potential of what Hive can achieve.
Share your thoughts, engage in the discussion, and let's chart the course of Hive's future together!
This is my participation on topic of Hive Learners called Hive Upgrades
As a user, what upgrades would you live to see on the Hive Blockchain? What is that one thing you feel will be beneficial if it was added, and why do you think it'll be for everyone?? Please share with us.
Although I am not well versed in the area of smart contracts, I don't exactly know how ethereum works. But from your pitch, I can tell that it will bring an evolution to Hive as we know it. It may not be the easiest thing to achieve, but I am here for it.
It's not such a bad idea. Well done.
Thanks, @zitalove, for your encouraging words! Even without deep knowledge in Ethereum or smart contracts, your support speaks volumes. Progress is always a journey, and having individuals like you on board makes the ride smoother.
https://twitter.com/LovingGirlHive/status/1716465950290276360
Having through decentralization is what every true web 3 platform should aim at. I used true because some platforms claim to be decentralization meanwhile there is nothing decentralized about them all centralized.
You have spent quite some time here no wonder you know so much about the system and your sound judgement too. I hope someone is taking nite of all our suggestions.. hahahahah
I couldn't agree because almost every crypto is centralized, Hive's true foundation is decentralization because of the power of community.
I have no doubt that with this publication, you have interested more than one person in knowing what a Smart Contract is (including me). You have added value to the community and precisely part of the beauty of Hive is that.
I'm thrilled to hear that, and it's always my aim to spark curiosity! It's amazing how much we can learn and grow together. Sharing knowledge and adding value is what it's all about
In my point of view the implementation of smart contracts are something very easy to implement. Something that I have never thought about! Nice!
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In the perfect given time we can have the first ever decentralized smart contract which is built on Hive, most smart contract outside of Hive are too centralized
Smart contracts on Hive would definitely take it to another level! Nice idea (:
Thank you, it will definitely a new paradigm