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RE: I Am #AliveAndThriving Today! | #IAmAliveChallenge Hive Daily Journal Entry: Day #147 - Lots of Hive, Cinder and Lava Rock Foundation, and Assorted Tasks - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Wednesday, December 21, 2022

in We Are Alive Tribe2 months ago

Some Hive Witness operators don't like Layer 2 networks though. 🤯 I even read a post that says that those networks simply "bloat" the blockchain (especially with custom JSONs). 🤯

!ALIVE

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Yes, and I have no interest in supporting or collaborating with such witnesses. 😁🙏💚✨🤙

!SLOTH

There's the point !INDEED that some people on Hive publish (a lot of) custom JSONs just to buy or sell bits of #HiveEngine tokens which are often not even worth 0.001 SWAP.HIVE each. 🤯🤓

!WEIRD
!ALIVE
!PIZZA

OK, then put a lower limit on transactions, and until that threshold is reached, no transaction can be accepted. 😁🙏💚✨🤙

!ALIVE
!INDEED
!PIZZA
!WEIRD

I wonder if that "lower limit" that you are thinking about is the absolute amount (such as 0.00000001 PEPE tokens) of each #HiveEngine token transaction, or the total worth of the transaction (in terms of HIVE or HBD). 🤯🤓

!PIZZA
!ALIVE
!WINEX

Well, it would make more sense to tie to to the price of HIVE or HBD, but I have no idea how that could be implemented. 😁🙏💚✨🤙

!ALIVE
!BBH
!PIZZA

The Top 20 Hive Witnesses have their own chosen price for the HIVE token in terms of USD (up to three decimal places), so while #HiveEngine Witnesses can generally agree on a certain threshold in terms of HIVE or HBD, the changing price of HIVE will !INDEED complicate that. 🤯🤓

!WEIRD
!ALIVE
!WINEX


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Maybe they just have to accept that if Hive is going to be a financial blockchain, then asset transactions are always going to be very high. 😁🙏💚✨🤙

!ALIVE
!INDEED
!WINE
!WEIRD

I needed to read your comment more than once to understand that "asset transactions are always going to be very high" means a lot of transactions involving tokens (regardless of amount of tokens or worth in fiat) !INSTEAD of "always high value" transactions !INDEED. 🤯😅

!WEIRD !HOPE !PIZZA !UNICOIN