What would you change about Hive?

gwajnberg 4 days ago

So many things...

I think the reward system should change, not sure how without making people leave. Maybe it is time for Hive not to be the main token associated with post rewards. That would give more value to Hive. Hive would be used just as curation rewards.
What people are talking. DHF proposals should be better regulated; all the money requested should be detailed, specifying where and how it will be spent.
Maybe we should start looking for people with experience in marketing. Not sure if the current marketing efforts had the effect that we were expecting.

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8 votes

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achim03 2 days ago

Maybe it is time for Hive not to be the main token associated with post rewards. That would give more value to Hive.

In my opinion this would concentrate the hive stake even more on the shoulders of the ones that have a lot of stake already. I think that the post rewards are a good way to spread hive among as many people as possible. The more that own it, the more resilient the platform becomes.

DHF proposals should be better regulated; all the money requested should be detailed, specifying where and how it will be spent.

I agree 100% with that!

Maybe we should start looking for people with experience in marketing. Not sure if the current marketing efforts had the effect that we were expecting

Like most things done on hive it's the work of amateurs who believe that they do the best but lack professional expertise...

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thebighigg 4 days ago

Control the DHF funds, not only should they require support but there should be the ability to downvote them as well. Once funds are approved they should only be paid out when approved benchmarks are achieved. Receipts should be mandatory or proof of how the money is being used and the ROI for Hive. Also, DHF funds should be paid in Hive, not HBD, that way the whales are going to seriously worry about the token price. When they get HBD they are incentivized to even worry about the price of Hive.

The DHF needs to not be a piggy bank, it needs fiduciary control like any private business would to prevent abuse and embezzlement. Additionally if a project is approved it needs to show how it is increasing Hive new member enrollment and retention, not just spending the funds on expensive rally cars that have no proven ROI for the blockchain. I know it's more than one, but we got to start somewhere!

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8 votes

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achim03 2 days ago

I agree 100% with that. The DHF gives wrong incentives at the moment. As long as a project is not finished, the money flows... It shouldn't be like that.

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ervin-lemark 4 days ago

Tough question.

Apart from magically lifting $HIVE price some 50x? !LOLZ

Real marketing with professionals and long term campaigns. But this is not hard fork. You don't need one for marketing.

Layer 1 change then? No idea. Ban downvotes from whales :)

!invest_vote

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achim03 2 days ago

Ban downvotes from whales :)

I never understood why downvotes have become free to give. If it doesn't hurt people to give them, they can be given too easily...

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seckorama 3 days ago

I don't really know.
In my opinion, DHF should exist, but perhaps its use for projects should be controlled differently.
Auto voting and bots - I don't see anything wrong with that either (although it may be running in a slightly more convoluted way at the moment) - after all, it's a game and bots are part of that game... The money for this should come exclusively from private accounts.
Downvotes – I agree that they should exist, but again in a different way, not so that whales can deliberately destroy users they disagree with.

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achim03 2 days ago

Downvotes – I agree that they should exist, but again in a different way, not so that whales can deliberately destroy users they disagree with.

This is a sore point at the moment. There are some powerful users that target others randomly and nuke their rewards. This shouldn't be possible...

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dewabrata 4 days ago

Set blogging not as the primary or center of activities. Make it like the second layer.

That's how many projects can be the stars

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gwajnberg 4 days ago

interesting idea... but it goes into my idea of removing HIVE as post rewards and adding something else, like L2 tokens

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dewabrata 3 days ago

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achim03 2 days ago

In my opinion, blogging and content creation in general is what makes hive stand out. Without that, I don't think that hive has much unique selling points that would allow it to compete with other chains. But I might be wrong :-)

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palomap3 4 days ago

I support the need for real control of what is spent on the DHF. I can't explain it better than @thebighigg. I share the same opinion and arguments.

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thebighigg 4 days ago

Thank you! Nice to know there are more people out there who want more fiscal oversight!
!BBH
!LADY
!PIZZA

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palomap3 4 days ago

When I studied administrative management accounting was my favourite subject. If we want to share profits as a company, we have to do the things that companies do. 😘

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achim03 2 days ago

I'm 100% in favor of a much tighter control of how DHF money is given out and how beneficiaries should comply with oversight and reporting.

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palomap3 2 days ago

Absolutely agree! It doesn't make sense to keep doing the same and expect different results. For that we have to measure and present them!

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edgerik 3 days ago

Optimize the reward system to encourage greater engagement and quality in posts.
It would also eliminate the negative vote, which is doing so much damage to users.

!ALIVE
!BBH
!WINE

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achim03 2 days ago

It would also eliminate the negative vote, which is doing so much damage to users.

That's true.

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duskobgd 4 days ago

We'll see in two weeks... 🙂
Did you update?

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achim03 2 days ago

Did you update?

We are working on it :-)

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imfarhad 4 days ago (edited)

A new fork of HIve, i won't recommend

Reasons:
Same set of people with same ambitions, and will end up same as it is now.
Old baggage is carried forward too..
Also governance is still based on the amounts of Power-ups and the factions..
DHF gets the same treatment as it is now.
Removing downvotes also doesn't help.

If you see forks of Bitcoin. Bitcoin got forked to Bitcon cash, Bitcoin gold and others. None have made real impact.
And they were created because few did not agree to change or felt unnecessary.

!BBH
!ALIVE

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achim03 2 days ago

I think that if there was a fork of hive, it should aim to cut the power of the big accounts, by for example putting a limit on how much an account could get from the new token. Old time users have such an advantage and they can manipulate witness voting or dhf proposals the way they wish.

Another thing that I would implement is that there is no DHF at all and that HBD interests are part of the natural inflation, not something in addition that nobody understands.

Well, I would have a lot more ideas but I just wanted to tell you that a fork could also be the opportunity for a new start on better terms...

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ifarmgirl 4 days ago

It would be nice to set a maximum supply for the HIVE token. Have a burning mechanism too.

Scrap DHF Funding, if not, require reporting and transparency from those being funded. If they don't provide any within a given period, funding should be halted.😊

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achim03 2 days ago

Scrap DHF Funding.

Totally in favor of that. DHF is printing money at the expense of us all. A few people's decisions defines who gets the money and it's ground for corruption...

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keithtaylor 4 days ago

I'd just make a simple change. That whenever a post is read from the blockchain it gets a message added to the beginning and end, "Hive tokens are not real money!"

I guess it should also link to an explanation of how volatile crypto pricing is. Personally, I like to think of it like Monopoly money. Fun to play with. But intrinsically NOT stable. Hive Power is an important part of the game - not an investment.

Some people claim, "Not Your Keys, Not Your Coins" is the first rule of crypto. But "Be prepared to lose all your money" seems more important to me.

Or maybe it's as simple as making the default reward 100% HBD? Or maybe Dbuzz has the answer?

!BBH

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achim03 2 days ago

As a long time crypto user, I would say that you are right and if people deal with crypto, they need to be aware of that...

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ladymisa 4 days ago

More marketing. No one I know has heard of HIVE. :)

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gwajnberg 4 days ago

we have so much spent on marketing!! Rally cars, boreholes, now a documentary in Al Jazeera...maybe not more, but the how should change.

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tengolotodo 4 days ago

I googled HIVE when I was told about Hive by friends. It was 256th on the list, the name is awful. There are so many things called Hive. Even in Kirkcaldy my home town the local LGBTQ cafe/hub is called the Hive.

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achim03 2 days ago

Yea, hive definitely flies under the radar lol

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blitzzzz 4 days ago

It's been a massive downwards trend even as the big cap alts have gone up during this bull run. Can't say I'm too hopeful of any potential forks at all. Scrap all the funding for nonsense and hire a traditional professional marketing firm instead of all the pseudo self proclaimed experts.

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achim03 2 days ago

To be honest, before hiring any kind of marketing firm, I would start by mending the tokenomics. As you justly remarqued we are in a downward trend and for me the reason is simple and comes in addition to the market tendency:

We have a limited demand but in addition to the natural inflation that is around 8%, we print money through HBD interests and increase the supply with the DHF fundings. By increasing the supply and keeping the demand similar, sooner or later the markets can only go down. That's the simple law of offer and demand...

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elderdark 3 days ago

One of Hive's main problems is DHF. There is a lot of interference from HBD distributed to projects that do not deliver significant results for Hive, and there is no audit of how the money is spent.

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achim03 2 days ago

I agree 100% with you

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stresskiller 4 days ago

build in an AI that checks if posted content is original or not safes curators a lot of time :)

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achim03 2 days ago

An AI tool that looks for AI content. I don't think we would need to have a hardfork for that but I think it's not a bad idea.

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stresskiller 2 days ago

not just AI content but also if someone is abusing other peoples content. plagiarism

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ervin-lemark 2 days ago

Check @cheetah account. It searched for duplicate content and was in action quite some years ago. And controversial too.

In the end, it was terminated - too costly, controversy, ...

!invest_vote
!BEER

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stresskiller 2 days ago

cheetah was part of steemwatchers later hivewatchers , not saying it is a perfect way but i came to often across my own content being copied and was very happy that something like hivewatchers excisted.

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investinthefutur 2 days ago

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beerlover 2 days ago

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vaynard86 4 days ago

Tough question. But I guess key will definitely the control and regulation of the DHF. How these funds are used are still not exactly transparent. Fund usage should come with a report to help the community know how these funds are being used and if what was promised was truly delivered.

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achim03 2 days ago

I totally agree with you!

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tengolotodo 4 days ago (edited)

I was brought here by friends I knew on Readcash, however before I joined I look up Hive on the internet, you know what I found... Zilch about the Hive blockchain in the search results until I was way down down the list... It took me two months from that first fruitless search to actually create an account!
Granted you can't change the name in a hard fork. So it brings me back to marketing and getting our name out.
The DHF should be abolished.
Why are we dishing money out for front ends in this time of austerity. And games giving money for games right now🤣
Radical but I would have proposals to be not be bought with the big whales just giving themselves cash albeit surreptitiously, one account one vote. Level the playing field for the little guy.
But it is all pie in the sky.
As a Projects Manager of decades the scheduling and cost control coupled with reporting on the DHF projects is bordering on criminal, it certainly is not up to the level of any competent qualified PM.
Hive is perfect the way it is. Why would people change it, the only ones who can, are the ones that will not make as much., so why would they... Stay under my control pleb!

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achim03 2 days ago

The DHF should be abolished.

100% agree

Level the playing field for the little guy.

My idea would be to have a cap on the stake and liquid power of accounts. For example, if all accounts on the new chain would have a maximum of 5'000 Hive Power this would definitely level the playing field. Now, people who were here early have such an advantage and this keeps the chain in these old ages in a way...

DHF projects is bordering on criminal

It's at least very prone to corruption...

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tengolotodo yesterday

My idea would be to have a cap on the stake and liquid power of accounts. For example, if all accounts on the new chain would have a maximum of 5'000 Hive Power this would definitely level the playing field. Now, people who were here early have such an advantage and this keeps the chain in these old ages in a way...

I love this

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darmst5339 3 days ago

Interesting question...
It takes equipment, time and skill to run a node. I like that it is decentralized however the number of top nodes should be 40 or 50 instead of just 20. This would make it even more decentralized than now.

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achim03 2 days ago

That's not a wrong approach. There are close to 100 witnesses but about 75 of them struggle to cover the costs of running one...

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jfang003 3 days ago

I think the DHF needs to change. As it is right now, I think it's spending way too much, and none of the projects are showing where they are using the money, and for what.

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achim03 2 days ago

For me the DHF should be abolished, simply for the fact that it's not real money in there. When they take money out of the DHF they simply add to the HBD and Hive supply and with a same demand, it just devalorises the existing hive. So all the money that goes out of DHF is financed through the loss of value of our stakes...

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hirohurl 3 days ago

I'd look at making governance more inclusive by giving smaller stakeholders a bigger voice through quadratic voting if such a system could be implemented.

I'd introduce an inflation model that adjusts gradually according to network activity, so rewards stay fair while long-term inflation keeps declining.

I'd also add a light “eco-burn” system that removes a small number of tokens from circulation when high-resource actions are performed, creating a better balance between growth and scarcity. (We already have the @null account but no automatic burning mechanism that I know of...)

!ALIVE
!BBH

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achim03 2 days ago

I'd look at making governance more inclusive by giving smaller stakeholders a bigger voice through quadratic voting if such a system could be implemented.

Either that or limit the influence of the bigger accounts...

I think a burn mechanisme could be great but foremost, we would need to change the model so that the inflation is clear and precise. Now there are so many loose pieces and plenty of ways to calculate the inflation. There is the coded hive inflation that is around 8% but then there is an artificial inflation through HBD interests. And a supply increase through everything that comes through the DHF. When the money is in DHF it's not accessible and it has no influence on token price. But once it's paid out, it dillutes the stake of all the remaining token holders if demand for Hive doesn't increase...

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shiftrox 3 days ago

I would definitely change something related to DHF, it's the topic of the moment, we would need to greatly improve the way it is applied, think about alternatives or improvements, because lately the impression is that a lot of "money" is being used and we are not getting a return that matches it.

I think that although peakd badges, for example, define some hive users with certain achievements, I think we could bring this natively to the hive. For example, we could create visible ways (staying on the profile) to define that a user is a great addition to Hive, that is, that they contribute a lot. I think more ways to reward those who really strive to grow here, help people, and trust Hive are very welcome. Just as we could flag someone who has committed some abuse, leaving a warning or a flag for a few days, it would also be nice if this flagging ended and the person had a second chance to continue creating content.

Finally, perhaps we could create mechanisms to improve marketing. I think we really need that, but exactly what that improvement would be should be a good brainstorming session to get us there.

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achim03 2 days ago

In my opinion the best measure for marketing is high post rewards and a stable token price. Splinterlands didn't need a lot of marketing when the return was high. People find where to make money easily. Now however, a lot of whales and big players prefer to avoid big rewards with the pretext that it weakens the price of hive.

Sometimes I wonder whether they don't understand the mechanism or whether they want to make sure to keep their power position. What is distributed through the reward pool needs to be compared to what is paid to witnesses and also what is paid through the DHF. Let's not forget that at least 50% of what is paid through posts is directly staked. Post rewards spread Hive to more accounts in a partially staked form. That's the best way to give stability to the network.

Now the powerful hands on hive prefer to distribute huge amounts of money through DHF in partially shady ways with no control or oversight. This hurts the price of hive much more than the rewards people would get...

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shiftrox 2 days ago

Sensational, it's a point of view on the situation that I fully agree with. I believe that our biggest differential is the payment/monetization of content, which makes most people happy and motivated to continue engaging and participating in the hive.

I've been talking a lot about powerup too, that everyone has to think about it, distribute power among accounts, and not just wait for the whales to vote. If we have many accounts with high voting power, the whole community as a whole wins.

I saved your answer here so I can read and study more. I want to learn more so I can spread the information better. Thank you very much, Achim!

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relf87 3 days ago (edited)

I would definitely do away with the 2 cent minimum threshold. Even with a good amount of HP, am now struggling to meet the threshold because the Hive price is getting lower by the day. At this rate, I can't really curate much. :(

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achim03 2 days ago

Well, having a higher hive price would solve that problem...

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stdd 3 days ago

Removal of auto-voting and downvotes.

Cancellation or redesign of the DHF.

Update or creation of a new participant ranking — the old one doesn’t say much anymore…

In fact, there’s a lot of work to be done — that’s just what came to mind right away…

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achim03 2 days ago

Removal of auto-voting and downvotes.

I agree with the removal of downvotes. I think auto-voting can be helpful to avoid people to burn out too quickly on hive.

Cancellation or redesign of the DHF.

100% agree with cancelling it

Update or creation of a new participant ranking — the old one doesn’t say much anymore…

That's an interesting idea

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der-prophet 3 days ago

The use of the Hive Dollar (HBD) is a key indicator of economic activity within the Hive blockchain. Higher stablecoin circulation not only signals confidence in the system's stability but also promotes liquidity and on-chain transactions. Should the Hive community use HBD more actively—whether for payments, savings, or internal marketplaces—this could lead to increased network demand. In the long term, greater HBD usage would thus potentially support the fundamentals of the Hive token and mitigate the current downward trend.

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achim03 2 days ago

HBD is a way to capture the hive inflation and I agree that it can be a good way to stabilise the economy.

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der-prophet 2 days ago

It's clear that blockchains like Solana, Ethereum, and XRP have benefited massively as soon as the use of stablecoins increased.

Perhaps the rewards system should even be reconsidered. Interest on HBD should no longer be paid out in HBD, but only in Hive. This way, investors could invest in a stablecoin, their investment would be less likely to lose value, and at the same time, Hive would be paid out to vote on content—essentially as a bonus to the interest rewards.

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ervin-lemark 2 days ago (edited)

I went through discussions and noticed, among other common themes, that name and marketing stand out too.

In my opinion, we should promote products on ecosystem and not ecosystem by itself. Products being Ecency, Peakd, WorldMapPin, Splinterlands, Golemancer, Holozing, ... whatever. In the end, users shouldn't care about Hive. It's just a tool. They, and designers/producers should care how this tool is being used.

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pizzabot 4 days ago

PIZZA!

$PIZZA slices delivered:
@thebighigg_(4/20) tipped @palomap3

_{Come get MOONed!}

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investinthefutur 4 days ago

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