Hive-Peerplays Collaboration ~ The Benefits Explained

1 yr
0 Min Read
47 words




Jonathan Baha'i explains the benefits that Peerplays will bring to the Hive community, particularly around the ability to use Peerplays blockchain tools.

This connection via Sidechain Operating Nodes (SON's) is a first of its kind, and a truly revolutionary way to communicate across blockchains.


Interesting stuff!

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Oooh fuck yea!! That's what I was waiting for!! Welcome to hive baby!!

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Interesting, and looking forward to it. Will SONs have transactions fees? We are really used to no transaction fees.

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I think we are seeing the emergence of a super structure made of three forks of three different graphene based blockchains. Hive being a fork of steem, Telos a fork of eos (which also has evm support), and Peerplays which is a fork of bitshares.
Add to this the HAF and I see a sort of graphene OS with hive at its core. For me hive is the center piece because of fast free transactions (peerplays and telos both have fees methinks) and built in social media. The HAF makes it easy for web2 devs to jump in by turning blockchain transactions into SQL operations that any web dev is familiar with. Peerplays will provide bridges, IBC functionality, a DEX and much more. Telos provides both eos and evm support which provides us a huge software library to draw from and an entry point to our ecosystem for apps and app developers from these two communities.
A perfect storm is brewing...

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Let it rain... let it rain LOL

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Indeed!

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This is already much more than rain. A complete storm. A hurricane.

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Interesting points @wdougwatson

Interoperability and collaboration can benefit the community

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This

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Great summary of what's going on and the various benefits we'll be seeing.

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1 yr (edited)

we have some bitshares or not?

Btw is really cool.

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Any white(blue,red,whatever)paper about the collaboration yet or still brewing?

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Mi pregunta es y en que nos beneficia a nosotros esa bifurcación de bloques y toda esta tecnología, si el planeta se sigue cayendo a pedazos.

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Does this also include the 2nd layer tokens or is it for HIVE and HBD for the most part?

Posted Using LeoFinance Beta

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Good initiative @peerplays

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Is this like Polkadots parachain interoperability? Is this going to have it's own token on HIVE or totally different fork?

Posted Using LeoFinance Beta

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I am not very familiar with the Polkadot tech, but in terms of the tech, I think its very similar. The Peerplays and Hive blockchains will run side by side and assets can flow back and forth. (For now only HIVE and HBD). Similar to the parachain paradigm, the flow of assets, ie the value transfer via an elected, decentralized set of nodes called as SONs.

The following diagram will help to understand the asset (value) flow between chains.
image.png

https://devs.peerplays.tech/supporting-and-reference-docs/sidechain-flow-diagram-hive

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you know probably would've been better to wait for this announcement at Hive Fest where ears are more open.

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Great one

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1 yr

I like where this is going, but there is not enough public information. I saw the github have action and the documentaion for the blockchain.

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Hope this serious man in the red jacket is right ...

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wow we need this like yesterday :) 👍👍

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just one question: When?! :)

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