A podcast brings Hive to mind without saying Hive
Today, I went for a jog. I try to exercise regularly, but have been unable of late to establish a routine because of general busy-ness. The goal today...try to reset the routine. It was hot and I didn't last very long jogging, but I did start step one of routine-setting.
While jogging, I listened to this podcast:
There were two things that immediately reminded me of Hive, though Hive was not mentioned in either.
Reminder 1
This is a sore subject around these parts, but Justin Sun was mentioned. I guess he's back in the crypto news due to the problems that Curve (CRV) is having. I don't know much about CRV, as in, I know nothing at all about it and have never heard of it until a few days ago, but here's what I understand: Curve is a Defi protocol for exchanging stablecoins. (Somehow, that statement alone sounds weird to me...exchange stablecoins.) Curve uses a language called Vyper which, according to the podcast, is tricky to code in. There was some type of bug or loophole that allowed for the draining of funds. This sounded to me like the original DAO from back when, was it 2015? $15 million I believe was the amount drained from Curve. And, there were trickle effects. Trust was broken, the CRV token took a big hit, and other protocols took a hit too. Trust.
Anyway, Hive connection. The hosts mentioned Justin Sun coming to the rescue. This is a classic Sun move. It gets his name in the spotlight and he may somehow make money on this (might lose it too, I think). I'm not entirely sure if Sun is buying CRV tokens or giving a loan, not interested, but the thing that struck me was that he was portrayed in a favorable light in this case. He was mentioned as coming to the rescue, I believe that's a verbatim quote. One host mentioned that he is succeeding in rebranding his name...and I was waiting for the "since Steemit-to-Hive fork", but it was never mentioned. Evidently, he's rebranded from Tron, they said, (huh?), the host's words, not mine.
Part of me is happy that "Hive" wasn't even brought up in the discussion. The further away the better. Part of me was like, "Umm...Hive."
Reminder 2
In the very next segment, someone was brought on from Suku. Again, I've never heard of this operation, but apparently they're into NFTs in some way. The upshot was that Suku is somehow minting NFTs straight to X/Twitter users' usernames or accounts. Reddit did something like this last year I believe, and now it's happening on X/Twitter.
The Hive reminder came to me in that the guest was talking about web3. I'm not sure how an NFT from Suku to X/Twitter is web3. He did say it's non-custodial, I'm guessing he's alluding to the owner of the username controlling the NFT.
The glaring problem with this is that when Alice has a username on X/Twitter, that username is not owned by Alice! Just ask the guy who previously had the Twitter username: X.
Further, the guest mentioned two things that screamed "Hive!" in my ears. First, he said that so many years after bitcoin, we still use crazy long and human non-legible addresses. And, he mentioned that social media, like X/Twitter, successfully uses usernames that we can read and remember and that's ripe for dropping NFTs.
Immediately, I thought...on Hive we can send funds to a username, I can read and remember users' usernames, and Alice owns her username and it can't be taken away. And, oh, I can send NFTs to Alice's username too.
When I got home, hot and tired and sweaty, it miffed me a bit that Hive wasn't mentioned, though both stories could easily could have had a connection. But, that's okay, we move on.
Weird image
Just to have an image, I went to https:craiyon.com and entered the tagline I'd written for this post as the image-creation prompt. That prompt:
Jogging and listening and being reminded of Hive along the way.
Nine images are generated, most were bees of some form, but this one was just different and kind of weird. To me, it's got some type of voodoo-in-an-ancient-tomb thing going on. I'd watch that movie. So, naturally, that's the one I went with!
You ask, "What's Hive?" Watch the animation I made: The Hive Story Animation and you'll learn about this Web3 chain. The top benefits of the Hive blockchain: (1) no ONE person/group runs it, (2) YOU own and control your content, and (3) YOU earn the rewards that your content generates. Learn more or consider using my referral link to get your free account here and I'll support you as you begin. Alternately, you can see other sign-up options here. All my links: https://linktr.ee/crrdlx.