"While I am not happy about certain things about Engine, I really love how many opportunities it brings to Hive. It just goes to show how much SMTs can bring to Hive when a token system native to the blockchain and protected by consensus is. Pair that with native smart contracts and we will have something no one else has, free three second transactions with the ability to create your own contracts and tokens. I honestly believe this is the only way Hive can become what it has always dreamed of being."

I have the exact same sentiment. I appreciate what Hive-Engine has allowed us to do thusfar and it has really shown the value that can be built here. That being said, Hive-Engine has shown that they either don't have the resources, knowledge or interest (probably a mix of the 3) to deliver on a truly decentralized and robust second layer. I hope to see @blocktrades and the other groups working on smart contract/second-layer solutions come out with something sooner than later.

The opportunity for Hive is massive. If what LEO has built can be replicated but on the first layer, I think Hive can actually thrive in the way people want it to.

To your points in this post about how fragile Hive-Engine is... this is exactly why I take daily snapshots of the exact balances of all LEO stakeholders. Hive-Engine could theoretically disappear at any moment and while the distribution systems/infrastructure would disappear alongside it, at least we would be able to have some downtime as a project and spin up a new LEO token elsewhere and airdrop the right amount of tokens back to everyone.

Posted Using LeoFinance ^Beta