RE: Hive Is Growing

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Ultimately, that is where the true value comes from. The user base is what provides the activity.

This is why I laugh when people talk about Cardano or the next next killer blockchain. Literally no one can claim to be undervalued like Eth and Hive, they are the only chains with real users.

EOS could make a claim too, but not as big.



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I think the claim there is actually on Telos. I think that took over the real user base by now but I could be mistaken.

Cardano has great potential in my opinion but it is far from a done deal. The activity that is taking place on the other chains is real. Cardano is still speculation at this point.

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When I judge adoption I look at number of users in gaming and social categories on websites like dapp, stateofthedapps or dappradar. Unfortunately telos isn't listed on any of those websites, so I can't see the numbers.

Telos however, ranks first on blocktivity but this comes with a disclaimer that most of the activity is generated by a single miner entity. XRP is ranked second on blocktivity with a similar disclaimer. Since I know XRP is basically BS, I don't know how reliable the adoption of Telos really is.

Coming back to dapp rankings according to the websites mentioned above, the blockchains that appear in the top for gaming and social apps are the following:

  • Ethereum
  • EOS
  • WAX
  • Thundercore
  • HIVE

We know Ethereum doesn't scale for social and gaming, and it ranks below HIVE anyway so no competition on that front. ETH will focus on defi longterm, and avoid gaming and social, for scalability reasons (that's just my opinion though).

EOS has lots of bots which is why I remain cautious. The activity spikes weirdly. One day there are 0 apps in the top ranks and the next there are a few. Unless they've seen massive growth recently.

WAX and Thundercore are both doubtful in terms of decentralization and I couldn't even manage to open one of their games in my browser. It basically doesn't even work. (if someone else could try using those blockchains and giving me some feedback I would appreciate it btw)

I know WAX has a legitimate NFT marketplace but don't know about an actual game similar to slpinterlands. Again, maybe I didn't try hard enough.

In short, that leaves us with one real choice when you look at real adoption, and it's hive. And obviously ETH for defi.

I don't look at gambling apps, exchanges, etc... because long term those don't matter without actual apps such as peakd, splinterlands.

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I havent seen any numbers but I would think that BSC is going to start eating into some of the Ethereum dominance in terms of DeFi. The numbers might be small now but they will grow as smaller players (a lot of them) move from ETH which is for the big fish to BSC.

Hopefully HSC can pick that up.

Interesting take on the gaming. I think EOS will run into the same problem as ETH in terms of the fees. If it gets too popular, the price of RAM goes up.

I hope you are right about Hive. It would be good to get some insight into what else is being worked upon in the gaming arena. Outside of Splinterlands, it seems little was done to reach a lot of people with gaming.

That can always change quickly though.

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I agree with you on BSC, however calling it Defi is a stretch. Binance chooses who runs the nodes, there isn't community voting like on hive. CZ named it appropriately CeDefi (centralized decentralized finance)

Believe it or not but cryptobrewmaster and rabona rank well in gaming even though they are decades behind splinterlands.

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That is true about Binance and not being centralized. Either way, hopefully we see HSC and it gets some apps that can attract a lot of attention.

That is good about those two games. I hope their outreach is widely successful.

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