RE: Defi investment tokens coming to HIVE-engine

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hive-engine is NOT DeFi capable. it's centralized.



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Can you explain any further?

Binance is centralized and offers defi products. Are these products mis-labelled?

Bitcoin is decentralized but the internet it requires to exist is centralized, the companies that produce mining machines are centralized, the electric companies that power them are centralized and many of the biggest miners are centralized.

hive-engine is just a tool but if im seeing it wrong, please correct me

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(Edited)

If hive engine us shutdown tomorrow then everything is lost. There are nuances of decentralization, and hive engine is literally the Google sheet owned by one user.

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Nothing is lost, hive-engine is used to create a token and if hive-engine is shut down and that token disappears, the funds backing it still exist.

A token makes it easier for people to trade but it could be replaced with something like SBI shares. The token itself carries no value.

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Correct, and spinvest has underlying assets that transcend the Hive blockchain.

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Oh Yeah? Spinvest has been doing this since "Pre-Hive" and it's working, and decentralized.
A blockchain is a central point of trade, even though it has many decentralized components. So is an Exchange. But the products traded need not be centralized. I think you are mixing metaphors...

Posted Using LeoFinance

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There is nothing decentralized in a token on hive engine.

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You sound like these fake-ass "organically grown account" people, they have an opinion and try to shove it off on everyone else. Just cuz you say so, don't make it so. Got any evidence?

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yes, it's called common sense.

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Evidence means examples, hard facts, not just your "because I said so"
A "high rep" (which is meaningless), small stake playah on a small platform, and I'm gonna just take your word for it. No Way 😝 In Fact, there are several tokens which are also on other blockchains while on Hive's chain. I am in groups that nullify your entire premise, as well. Many examples that disprove your assertions.

Seems to me you have a problem with @aggroed

Plus, nearly all hive-engine tokens are portable whether H-E is up and running or not. Anyone with a dedicated UI portal (like neoxian.city) can send and receive totally independently of the 'engine'.

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the evidence is that there is no hive-engine blockchain, not that hard to understand

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We all knew that LOL

Now if you'd just list some problems you see, (I don't think you really seem to have the time) I bet we'd agree on some things. I'm going to suggest to my SPI peeps that we diversify. I'd like to see us listed on the LeoDex for starters. I know for a fact, however, that several coins are listed on dual blockchains. My buddy @ackza has initiated some of these. If you have a token with a portal like NeoxAG, you have portability even if Hive-Engine goes down. It's up to the issuer to insure this portability remains, should Hive-Engine drop out.

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The thing with common sense is it's not very common.

@ash - watch the project over the next few months and you'll see why connect123 is not the same as others. Decentralized projects can be built on top of centralized platforms. Everything that is decentralized requires centralized tools. Thinking otherwise is not common.

Posted Using LeoFinance

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