Hive DHF/DAO.

in #hive5 days ago

Master Move.

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Well I think it was a master move by Blocktrades. No need to tag him here. I am sure muppets are tagging him all over the chain right now.

So the peg to get the money has been raised.

It could highlight to those making a proposal. To get out there and earn those extra votes.

It could be a protest against the nonsense that is getting supported. Not easy to believe.

Either way. It opened up the topic of the DHF again. Something opposed from the start by many.


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Like many I spoke against the DHF from the start. It only brings about a centralised power over a (alleged) decentralised system. In truth it runs no different to the world outside.

Those who are in control are too far away to hear what is said from those living the experience.

Those in between, tend to lean towards reform of the system. Changing how the DHF works.

It was originally said. That money would be used for the development of the blockchain.

Then got included in that is paying coders. Paying those who witness the blockchain to also write the code for the blockchain. Then promoting the projects they write from the DHF.

The development of the blockchain is not development of the code. They are two different things and one is a sub category of the other. Coding is the Sub category.

Since origins. The DHF has provided for the income of how many people who do not deliver.

Let's not over look the good it has done. Is it anything an alternative method could not do?

Revamping the DHF only keeps it there.

What is the process to enable removing it without obstructing the flow of the chain?

Could we get the DHF to fund the changes needed. That would remove the DHF all together?

If you are willing to come to the table with an open mind and not demands. Then this can be done.


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For the first couple of years. All that would get done to any extent is to build the structure of support.

This can be done by the DHF post rewards and investment from those on chain if wanted.

Maybe something like a Hive Citizen Development Fund. Not sure what else to call it. There is a structure to fit this, decentralised authority.

Of all of the things I hear wrong about the things they say are wrong. There is a common theme. And here again that theme exists. Finance.

No matter what, the trail always leads to finance. The one thing no is is trying to correct. The one thing used to control. Is the same thing people seek to gain freedom. It fails every time.

You need to change how finance is used, or nothing changes. Change the errors in the systems of the financial system, utilising the Hive tokens.

If we do not think that big. The thoughts will not echo to the future. But fade to memories of the past.

Use the DHF to replace the DHF as alternative funding becomes available.

Open to questions.

If I answer your questions. Will you help bring the result?


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The only logical way to do away with the DHF would be burn the HBD and remove the code. The part of inflation allocated to it would shift to something else or could perhaps just be deleted also so there is less overall inflation.

Sure.. we don't have a fancy means to request funding but honestly getting rid of the bad vibes and optics of trying to get funded when it's like 9 accounts that control the power to get funded would be great.

It's one less piece of drama, one less piece of complexity in the system, Simplicity is often better. Don't try to do everything and be shite at it all. Become excellent at a few core things and thrive.

It's one reason layer 1 smart contracts are never going to exist on HIVE, keep the core chain simple and focused, build smartcontracts on L2/L3 etc.

I'm not sure what I'm for really. Just doing away with the DHF would be the easiest route, fixing it or making it at least better would take some work.. and there are those who say leave it it's fine, probably citing that it's designed to work with a larger userbase. News flash though we don't have that userbase.

I was one of those people for a good while, it'll work better if more people are just involved. But I'm not that naive anymore.

There is a way.

There is a way to use it to bring about a more balanced system.
People are unwilling to hear a lesser well spoken theory. Yet when someone more known can add some eloquence. People hear because of who said. Not the message said.

I have listened in the Hive server for months now. People hear what confirms they already think and dismiss anything outside.

The majority of new names to the server are project related. Yet none have time to talk about the solutions they say they seek.


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