What Makes Hive Different
There are a lot of blockchains out there. We see the number of projects growing. With this, are we confronted with a situation where the field is getting too crowded. After all, we have Ethereum, EOS, and now Cardano is making waves.
With all that going on, how can Hive expect to survive, let alone thrive?
To start, it is worthy of mention that this is still early in the game. We have a lot of growth before us, for the entire industry. Nothing is near completion or being fully utilized. The number of transactions the industry is seeing is a drop in the bucket compared to what will be taking place down the road.
However, there certainly is something that is a bit different about Hive. Many who are on here can feel it. So what is it?
It is pointed out that the Hive community is strong. While it might not be the biggest in the world, it is a dedicated group of people who show up on a daily basis. In short, they are doing all they can to make the different projects on here move forward.
The situation with Justin Sun earlier in the year showed the crypto world exactly how the people on Hive think. That was, to put it bluntly, a straight-forward takeover. Sun must have watched a few movies about the corporate raiders on Wall Street in the 1980s because he tried to apply the same tactic. Take over an enterprise and dictate exactly what is happening.
In this instance, he was met with much more resistance than expected. Ultimately, as most are aware, the chain was forked and most of the community jumped ship.
While this is all accurate, does it sum up what makes Hive different? I am not so sure it encompasses all that is on here. Any decentralized, open source blockchain can be forked. There were communities split many times, all with the zest that we find on Hive. Certainly, the BCash people felt very strongly when they split the Bitcoin chain.
It struck me when I read this comment by @theycallmedan.
The entire comment is very enlightening but the underlined part encompasses the attitude that exists here.
With Hive, people take it personally. They took ownership of what is taking place. At the same time, they are willing to fight "tooth and nail" to get things done.
Obviously, many have this opinion when referring to something they are building. This is a common trait among successful entrepreneurs. Builders have to have that mindset because it is what gets them over obstacles that invariably arise.
However, it is more than that. We see this among the user base. Certainly, we could make the case the user base are builders yet it seems they are in a different category than the ones referred to. Users come and go, mostly lacking much skin in the game. Crypto makes it different yet it is still fairly easy to leave. Cashing out Hive (or H-E tokens) is not very difficult.
Nevertheless, they remain here.
To me, this is what makes Hive different. We have thousands of people who are here daily and, simply put, are not leaving. They will go down with the ship before they give up. That is the mindset that leads to success. Without it, in fact, projects are usually doomed.
Does that exist elsewhere within cryptocurrency? Certainly. There are developers on other blockchains who have their viewpoint. The question is whether the users feel the same. On this subject, it looks like that is lacking.
For example, are the users of Voice as committed as, say, the ones on Leofinance? Are they even as dedicated as the average user is on Hive?
It appears the answer is obvious.
There is something different about the outlook people in the community have. Sure, we see it with maximalists, especially pertaining to Bitcoin. Yet, that is something different. Those on Hive are not necessarily maximalists, especially since most seem to be involved in other tokens. However, when it comes to what is taking place, their dedication is unwavering.
We have conflicts and disputes. There is no doubt about it. Nevertheless, it community appears united when it comes to those who enter the space with the intention of doing ill. Whether it is the likes of Justin Sun or someone on here who is doing something that is not viewed as in the interest of the community, both are met with equal distain.
Many newer people have commented about this. With the idea of communities, we could see this idea spreading. While Hive is likely to drift into the background as growth occurs, the different communities offer the same potential to generate a similar attitude.
In this sense, the dilution of the user base among the different communities could actually lead to a more solid foundation.
It is an characteristic that can be leverage for terrific gain if done properly.
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