"Pullfly"'s Hive vs awkward Steem: who's the biggest winner?
Editor's Note: This article comes fromBabbitt Information (ID: bitcoin8btc)Editor's Note: This article comes from
Babbitt Information (ID: bitcoin8btc)
Babbitt Information (ID: bitcoin8btc)
, Translator: Overnight's Porridge, released with permission.
Vitalik Buterin, the co-founder of Ethereum, released such a prediction a month ago:
"If Hive (the forked chain) surpasses Steem (the original chain), it will mean that the community is the ruler of the blockchain, and no one can buy the community."
Unexpectedly, this prediction came true soon. According to the data of qkl123.com, the current currency value of Hive is 6.51 yuan, an increase of 657.56% from a week ago. In comparison, the currency value of Steem is 1.42 yuan. RMB, only 21% of Hive.
A few days ago, before Hive was listed on Huobi, the prices of Hive and Steem were still at par.
So what happened in just a few days?
Before understanding this phenomenon-level promotion event, we need to review some stories between Hive and Steem, as well as some important details.
According to statistics, the current circulation of Hive is about 282.9 million, about 90 million less than Steem, and this part of the missing coins is related to Sun Yuchen and his supporters.
For the participants in the original community, they not only held the original Steem coins, but also got the forked Hive tokens 1:1, but for Sun and his supporters, they were rejected by the Hive team Pulled into the blacklist, but there is no way to get this part of the airdrop coins. In essence, this is very different from the fork of BCH and BTC, and the fork of ETH and ETC.
Of course, if this reason alone is not enough to cause the phenomenal market price of Hive to soar 6 times in a few days, there is a great possibility behind it that there is a dominant force that took advantage of these factors and directed this speculative feast .
And this feast also attracted more exchanges and participants.
As of press time, Binance has announced that it will list Hive at 13:00 today.
secondary title
Blockchain Governance Inflection Point OR Just an Exploitation Story?
Some people believe that this fork represents a victory for the community, which means that the community cannot be acquired, and that if the community disagrees with the decision of the issuer, it can be blacklisted through a hard fork.
Well, will there be imitators then? Just like Hive, delete all the coins reserved by the original issuer, and then fabricate a reason to say that the issuer's inaction does not meet the vision of community members, and then hype the new coins.
I think there may be more and more imitators like this, but they may not be as successful as Hive. First, there is no plausible reason, and second, imitators usually cannot achieve good results.
