What I mean with "your own Lightning Node wallet" is the wallet (even custodial ones such as on V4V) that you will use to spend or convert the sats that you accumulated on your #Nostr wallet. 🤯 Paying a fee is just one-time for a given period of time (such as 30 days), then sending sats between them has a very low fixed fee (down to just 1 sat per transaction). 🤓
!INDEED !HOPE !WINEX !ALIVE !HUG
OK, I understand. I still think that Hive is so much better in this regard. 😁🙏💚✨🤙
!ALIVE
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I can think of the following as a quick (and likely incomplete) summary of the advantages regarding earnings on Hive and on #Nostr. 🤓
Hive 🐝
Nostr 🐦
!INDEED !WEIRD !HOPE !PIZZA !HUG
That's a nice run down, and it definitely look like Hive wins. 😁🙏💚✨🤙
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I think that someone who likes a "true coin" that isn't just a token (not necessarily a "Bitcoin maxi") and/or does not like flagging though would still very likely flock to #Nostr though despite the advantages of Hive. 🧘♂️🤓
!INDEED !HOPE !WINEX !HUG
See, that's a curious thing, because a coin is produced directly by the blockchain, while a token is created with certain parameters by an account, so by that definition HIVE and HBD are both coins, not tokens. All the tokens in layer 2 are truly tokens, though. 😁🙏💚✨🤙
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I wonder then why HIVE and HBD are called "tokens" though !INSTEAD of "coins". 🤯 #PeakD, #Ecency, and most popular Hive frontends call them "tokens". 😅
Anyway, I think that a cryptocurrency "coin" in general is something that can't be gone (whether or not it can be sent to the corresponding @null account depending on the blockchain), while "tokens" can be created arbitrarily by its issuer, and can also disappear (such as when someone converts or swaps between HIVE and HBD, where a bit of the tokens are lost for every transaction). 🤯🤯🤓
!WEIRD !INDEED !WINEX !ALIVE
I've been asking myself that question since I got here...lol! I have no clue.
That's a new definition to me, but I understand the perspective. I'm still thinking about it, since HIVE and HBD are inherent aspects of the blockchain, so they never leave either, they just constantly reappear. 😁🙏💚✨🤙
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It would be really surprising if something that is supposed to be a token on #HiveEngine exists as a coin !INDEED. 🤯
Anyway, in theory, the majority of Hive Witnesses can agree to make the price of the HIVE token $0.001 each, such that every $1 worth of HBD from Hive author rewards will give an equivalent of 500 HIVE tokens and 500 Hive Power at reward payout time to the author !INDEED. 💸🤯😅
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