HE decentralization

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@cryptomancer presented on Hivefest and was asked about decentralization. He responded that they are planning a witness-like model for HE, so that nodes would run in abundance and it would end the centralized scot.bot. as I understand it. He said they will work on that in the coming weeks and months. HE has always delivered in the past, so I believe this will happen with a huge probability.

This will make the Naysayers have a different look at HE and the people that are already invested in HE tokens/tribes might win big on this news. I hope that my tribe members will make a profit, they deserve it.

/Lasse



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6 comments
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Maybe go in to more detail on how currently HE is basically centralized and how this upcoming update will make it viable as actual crypto rather than just a way to move JSON values around.

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(Edited)

Yes HE was centralized from the get-go and many people was very critical because of this. Now the people that actually used Lassecash despite the semi-centralized HE is now potentially getting rewarded. HE has shown that they deliver crypto-related software that works, not just promises and they do it fast.

Anyway I understand your position.

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It is centralized still, in the sense that running your own HE node doesn't do anything in the grand scheme of things in regards to checking the integrity of operations going on within the HE sidechain.

I hope they figure out the HE witness thing though so it's no longer a single point of failure like it is now but rather a collective of servers and users running the thing.

Cheers.

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(Edited)

HE knows peoples concerns and I believe they will address them, they have all the incentive to do so. It might attract bigger investors to the whole eco-system.

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Yep. I agree.

It'll be another 6 months before we see SMTs go live (my guess) sp they have time to implement and test before SMTs go live.

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Hoping that Hive gets more attention, and people will at HE differently and the tribe coins like lassecash will also get noticed.

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