For Nick Tomaino: Hive's Answer to Crypto's Centralization Concerns

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(Edited)

In a world where decentralization is no longer a buzzword but a reality we ardently seek, the percentage of tokens allocated to a team or investors becomes a vital metric. This metric, subtle yet potent, can influence a blockchain's trajectory, impacting its decentralization, security, and trustworthiness.

https://twitter.com/NTmoney/status/1691168498771537921

Consider the following allocations in some of the most popular cryptocurrencies:

Cryptocurrency% Allocated to Team & InvestorsCentralized?
Bitcoin0%No
Ethereum9.9%Somewhat
Worldcoin25%Yes
Binance Coin50%Yes
Solana62%Yes
Hive0%No

It's evident from the table above that as the percentage rises, so does the possibility of centralization. But numbers only tell half the story. Behind the facade of statistics and allocations lie narratives of resilience, determination, and community spirit.

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Image created by @doze

I recall the time when our community confronted a hostile takeover. Amidst adversity and potential collapse, no entity, regardless of its influence or might, managed to assert dominance over our community. It was the spirit of decentralization that saved the day.

Now, why is this crucial? It’s not merely about defeating adversarial threats but establishing that in an environment untouched by the heavy hands of investors and internal teams, a community can flourish, innovate, and self-govern.

Now, you might be curious about the platform that carries such attributes. This is where Hive enters the conversation.

Hive: A blockchain that takes pride in its zero allocations to any venture capitalist, team, or investors. Its foundation isn't built on capital but on genuine community contributions, making it a paragon of what a decentralized platform should represent.

Nick, like many others, you are a thought leader in the crypto domain. It would be a missed opportunity if you weren't acquainted with Hive's philosophy and infrastructure. Beyond the familiar terrains of Bitcoin and Ethereum, Hive offers a testament to the power of true decentralization.

In Conclusion: While the crypto world progresses with dazzling innovations, it is essential to take a moment and reflect on what decentralization truly means. Is it just a term we use to market a new project, or does it signify a philosophy we strive to achieve? I invite you, Nick, and every curious mind, to explore Hive – not just as another blockchain but as a testament to the decentralized ethos.

P.S.

As far as I know, we are very familiar with Hive already however this post will be shared on Twitter as a long tweet so I may sound as a broken record promoting Hive to be a solution in a real-world problem.

Join our Telegram group on this link if you love participation in a call to action like this
https://t.me/hivetwitter

Posted Using LeoFinance Alpha



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