RE: Can Hive Be The Winner Take Most?
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Hive has a sturdy foundation for magic to take place upon it. I think what's pulling Ethereum back, especially during the bull season, is that the sheer amount of fees often times becomes an impeding factor for most people. I wrote an article way back on this topic. Essentially, if enough time is permitted to pass, a trader's cumulative transaction fees could one day surpass that of their wealth altogether.
The hilarity of it all is that POLYGON was a direct copycat of everything traders wanted out of ETH, without the ridiculously priced gas fees. The result was an instant hit for POLYGON'S native token, MATIC. I vividly remember it rising up to the top 5 by market cap.
If we launch our smart contracts layer soon enough, we could position ourselves right in the eye of the storm.
I feel Ethereum will be a Wall Street/banker chain. They dont care about fees. There are those who feel centralization is an issue since the a few wallets have a lot of the stake.
The forks are interesting. But they have questions also. Polygon has a good chance but it is questionable also.
In the end, there is a chance to operate differently. It is not only DPoS versis PoS, it is smart contracts on layer 1 versus sidechain.
We will see what is more effective.
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