Publish0x Struggles with ETH fees, Isn't Hive is an answer.
Publish0x Struggles with ETH fees, Isn't Hive is an answer.
Today when I started my LeoFinance reading spree , I came across various post about ETH going ATH and a nice post by @taskmaster4450 as that emphasizing that Hive can be used as mini Ethereum.
Even at @leomarkettalk ,there is a thread for discussion for the ETH price and gas fees.
So when I come across the Publish0x post that was complaining about the gas fees, it does not come as surprise to me.
Actually Publish0x is a crypto agnostic blogging platform but it generally pay on ETH or ETH token. Current gas fees of ETH is so much impacting Publish0x that "the gas fees were MORE than the payout amount." that they did to the bloggers,
Currently, as a solution they are talking with a CEX, so that they can directly pay the user in that CEX and they also increase the minimum withdrawal limit to $2.
In there current CEX approach, few user has raised concerns about KYC/ AML too.
What can be solution.
I guess Publish0x will be happy if they get some solution that can save the transfer fees and keep their userbase happy. (No CEX and lower withdrawal limit.)
I felt Hive is an answer for them so I proposed Hive to them.
Look like they are open for other blockchain that is really good news for Hive and it's second layer if they able to make a mark on Publish0x and mutually benefitting each other.
(Igor Tomic is COO of Publish0x)
These are the few areas where Hive really scores high on Ethereum and I think if Publish0x uses Hive then it might be win for both platforms.
Please feel free to upvote ,comment and reblog.
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Shared in reddit, My userid in Reddit is /user/r1s2g3
Shared in Publish0x, MyPublish0x user_id is /@Rajat-G
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Publish0x rewarding system is not sustainable at all.
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Look like they are still not willing to give up on ETH.
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Absolutely.
The target markets are growing. We are seeing people being boxed in by the fees.
Hive is totally the solution.
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Happy Hiving and just seeking opportunity where I can just promote Hive.
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It would be big news if any other crypto social media platform shift to using hive. I mean goes to show then hive is working far better than other platforms. I am routing for a shift.
It will help them on 2 ways ,they save in fees and Hive is so dedicated community, by giving Hive they automatically win the Hive community.
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!WINE
Cheers, @zelensky You Successfully Shared 0.100 WINE With @r1s2g3.
You Earned 0.100 WINE As Curation Reward.
You Utilized 3/3 Successful Calls.
WINE Current Market Price : 1.100 HIVE
Hope they will consider Hive... and this is going to be a good development...
!BEER
Chances are slim but we have to keep promoting.
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Sorry, you don't have enough staked BEER in your account. You need 24 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to hive-engine.com
ETH fees are absurd.. I tried using Publish0x platform but not much of a success for me there. cheers
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