Hive Hack-A-Thon: Showing The Potential Of Hive

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Stemgeeks held a Hack-A-Thon to provide incentive to developers to get creative and kickstart some development ideas on Hive. In my view, it was a successful for the first run.

In this video I discuss how the success of this shows the potential of Hive and the community that is here.

https://peakd.com/hackathon/@themarkymark/stemgeek-s-hive-hackathon-results-and-update


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It is definitely very important. I understand the geeks and know that their diligence is the cause of most of my cool toys working. HIVE included.

Not only a great community but an invested technical backbone as well.

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I love what the developers show. The only reason we are here is because of their expertise.

It is going to be fun to watch what they create over the next 12-18 months. This is a clean slate that is already expanding.

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Summary:
In this video, Taskmaster discusses the recent Hive hackathon organized by Marky Mark, which showcased the developer talent within the Hive blockchain community. The hackathon saw a dozen projects submitted, with a significant reward pool and a focus on open-source projects. Taskmaster emphasizes the importance of utility in cryptocurrency success and highlights the potential for these projects to evolve into full applications. He underlines the value of open-source development and the community aspect in driving innovation within the Hive ecosystem.

Detailed Article:
Taskmaster starts the video by pointing out the recent advancements in the Hive blockchain, particularly highlighting the success of the hackathon organized by Marky Mark. He commends the developer talent within the community, emphasizing that despite many not being involved in major projects, they displayed impressive skills through the projects submitted during the hackathon.

Taskmaster notes that all projects showcased were in MVP form and highlights the importance of feedback in determining their future development. He mentions the significant reward pool of 12,500 Hive, valuing around $4,000, which reflects the community's support and investment in fostering innovation within the ecosystem.

The emphasis on utility as a key driver for cryptocurrency success is a recurring theme in Taskmaster's discussion. He believes that the value of cryptocurrencies is derived from their utility and functionality, which in turn attracts more users and contributes to the growth of the ecosystem.

The open-source nature of the projects is a crucial aspect that Taskmaster appreciates, as it allows for collaboration, further development, and the potential for new applications to be built upon existing code. He draws parallels to the evolution of the Linux operating system, illustrating how open-source projects can lead to continuous innovation and expansion.

Taskmaster also addresses the issue of greed prevalent in the broader cryptocurrency community, contrasting it with the collaborative and innovative spirit demonstrated within the Hive ecosystem. He expresses optimism about the future development prospects within Hive, citing the hackathon as a testament to the community's dedication and potential for growth.

Overall, Taskmaster's detailed analysis of the Hive hackathon and its implications underscores the importance of community-driven initiatives, open-source development, and the focus on utility and innovation in the cryptocurrency space. His optimistic outlook on the future of Hive reflects his confidence in the community's ability to drive continued progress and success in the ecosystem.

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