The Way Hive Can Replace Twitter Part 2

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About a month ago, we discuss the way Hive could replace Twitter. In it, we covered how decentralization could really help in the endeavor. Now, after some time, we are starting to see things take shape. It is still early but the indications are there.

Leofinance brought out LeoThreads roughly a week ago and the model is now being laid. We can imagine how the combination of a decentralized blockchain coupled with a series of frontends completely disrupts the entire Twitter model.

It is something that many of us figured could work since, after all, it is effective with long-form content. That means we are dealing with nothing more than the reading and writing of data to the blockchain. The only difference is what said data is.

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The Emergence of Web 3.0

Could we finally be seeing the emergence of Web 3.0? This could well be the case.

Of course, we have to keep in mind that the exact definition is Web 3.0 is varied. Nobody truly knows what it will be. However, from my perspective, a couple of the key factors are such:

  • decentralized database
  • true account ownership
  • the ability for anyone to tap into the data

These characteristics are easy to see when it comes to Hive. Since the blockchain is permissionless, the ability to write is only dependent upon Resource Credits. At the same time, developers are free to built whatever they desire, integrating whatever data they want to pull from chain. With the upcoming introduction of the Hive Application Framework (HAF), this will only get easier.

Microblogging On Hive

Over the last week, we saw the introduction of a novel approach to engagement on Hive. While things are in early beta, we can already see the potential.

Since the above criteria are all met, we can see the potential power this wields for the entire ecosystem.

Leofinance introduced the technology but the end result is the writing to Hive. This is the opportunity which differs from the realm of Web 2.0. Under that realm, those with the technology are able to form silos. This is not the case on Hive.

At this moment, any frontend could integrate #Threads. It is a matter of reworking its application and tapping into the container where the data is written. Without knowing the exact technicals, once it is set up, it is no different than commenting on a blog post through different frontends.

We do that daily on Hive. With microblogging, the same thing is now possible.

That means that, ultimately, if they desired, apps like PeakD and Ecency could provide the same options to its users. The goal would be to get all the #Threads tied together so that users could read and respond no matter which frontend was used.

Here we see microblogging on the blockchain, Web 3.0 style.

Could Hive Really Serve As A Disruption For Twitter?

The reality is people are slow to change their ways. This is normal no matter what we are discussing. However, Twitter has a tendency to help things out. We know there are times they get "ban happy". Those who are displaced from that platform are obvious candidates to use what is built on Hive.

What is exciting is we are looking at something which targets a larger section of the Internet population. There is no doubt that most are not into long form blogging. Just look at most of what is posted online and realize the intellectual level people prefer to communicate at. It is not exactly epic manuscript stuff.

One of the benefits to the structure being described here is in the area of innovation. If other frontends decide to integrate this feature, they have the ability to add to it. Ideas start flowing from different projects teams, ones that others can copy.

We saw this happen within the confines of what was created already. During the last week, many starting to experiment with different ideas concerning #Threads. This led to some innovation that is not on the "to do" list for the developers. In other words, more features will be built in due to concepts the community tried.

This is only going to enhance the utility. In fact, it appears, from the ones that I saw, it is all going to foster engagement on Hive.

Feeder System

Some wonder how this could benefit Hive?

We have to keep in mind that applications are the ultimate feeder system. They are what attract the users and get them involved. With Web 3.0, the benefit is that if one enters via a particular application, that is not the end. That person can branch out and use half a dozen other applications or games. One account provides access to it all.

Hive's future success hinges on a very simple premise: users.

When we look at how things are constructed, the ability to write more than just transactions to the database provides a much broader scope of engagement. At the same time, whatever is written requires the aforementioned Resource Credits. Actually, before that takes place, an account is required.

As we know, all of this adds up over time.

One of the challenges of cryptocurrency in general is the complexity. It is still an issue for many people. With Hive, we do have a bit of a leg up in the fact that at least we have easy to remember usernames. Something like #Threads also has a low learning curve.

Thus, the only thing that remains is to aid in the progression through beta. There is still a lot of development left to do. Going from a MVP to a feature rich application that is on the app stores will take some time.

In Closing

We could be seeing the first significant emergence of Web 3.0. Since much of the discussion centers around social media, we can see how this could apply to many Internet users.

The real excitement could happen if a few other frontends decide to integrate it into their applications. When that happens, the acceleration of innovation could take place. This could only lead to faster progress with more features being added.

In the end, that will serve the users well, hopefully providing the ability to attract new ones to the ecosystem.

And, before those people can get active, they need a Hive account and some Resource Credits.


If you found this article informative, please give an upvote and rehive.

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34 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 118 of my contest just started...you can now check the winners of the previous week!
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It would be really cool to see other front ends integrate threads into their operation. This would take Hive’s microblogging to a whole new level and will ensure that people have different options to do microblogging on Hive.

On another entirely different topi, I noticed for the past few days that the Leo Finance iOs TestFlight app hasn’t been loading pages on my phone and earlier I thought it was just my phone. My friend @zzzinnn said the same thing when it came up in a conversation yesterday. I’m sure the dev team is working on it already but if they didn’t know it was even happening, I’m drawing attention to it. Have a great day!

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Drop that in the bug report on the Leofinance discord.

Posted Using LeoFinance Beta

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I’ve been combing through the pinned posts to find the link to the discord but I can’t. This lion is a cub and doesn’t really know his way around.

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This is a very seasoned article you have made and it worth a thousand times kudos.
Hive is a home with enough rooms to accommodate her numerous dwellers . If people could come and build their tent on hive, not minding the angel through which one is coming from but just having a safe landing on hive much joy would overflow the only connections is a hive account and the enteral energy to perform activities anyways . This enteral energy is called RESOURCE CREDITS.

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It's all coming together! In no time, people will be using more and more web 3.0

Of course, the change will be slow since a lot of is are used to the mainstream media of web 2.0, but the benefits are there for all of us. It is just a matter of time to have people talking and making a buzz from all the advantages of ownership and decentralisation.

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It is going to require a lot more development along with pushing of people. However, the key is to open the door to allow people the opportunity to enter.

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That's an important feature. Anyone can have their place on web 3.0 and it's theirs forever.

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It wont be easy that's for sure these companies have built millions of users and a huge wealth of applications and revenue. But web3 on crypto just makes sense, however spam and other things need to be kept in check and above all else one of the best user experiences better than twitter needs to happen. I think it will start as micro groups first that go there to connect much like how reddit first started out.

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Well with the Resource Credits, we have the situation where it costs money to spam. Yes you can do it all day long if you have the RCs but that means getting a hold of them.

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To quote: "The goal would be to get all the #Threads tied together so that users could read and respond no matter which frontend was used".

That is what I been trying to get out of my mouth the last few days on Threads.

Thanks for putting it out there.

I am extremely excited. I am leaning thanks to others 😉

With everything going on, and Threads being just one example, the future of Hive is brilliant 👏

I believe Hive will be the flagship of Web 3.0 if it is not already.

!BBH

!ALIVE

!CTP

I will thread this post.

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We will see if other frond ends incorporate it. Either we, way know Leofinance is going to keep churning ahead.

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Absolutely, I think they would be foolish not to.

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One of the advantages over Web 2.0 is, ideas get thrown around, devs consistently get fresh ideas to work on to deliver better DApps. Given time we might be amazed at the potentials of #LeoThreads.

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I'm all about Web3, and the expansion of Hive, but I do have concerns. The more bullshit that various more powerful organizations keep oppressing blockchains with, the more I feel it may be better if we are quietly under the radar for a while. Tornados are never fun, privacy counts, and tools are only as good or evil as their wielder.

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Tornados are never fun, privacy counts, and tools are only as good or evil as their wielder.

All true. Hive is under the radar which is helpful. However, at some point, we have to be taken out for a test run. Can Hive hold up under the pressure?

It is best if we not find out until we have more settled but we will have to test it some day.

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#LeoThreads definitely has the potential to dispose Twitter given that the Twitter platform is on a general decline. The first iteration of #Threads is already looking really good and there's a great team behind it. I bet Twitter didn't have that in it's early days lol.

If #Threads got integrated into other Hive frontends, that will really be a massive gain for the ecosystem as a whole. As it will become super easy to post and interact within any community.

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Any system could be a disruptor. I'd say we should focus on being what we are and leave the disruption to fate. Facebook launched in 2004. At the time, MySpace was the largest social media platform in the world. However, Facebook didn't overtake MySpace until 2008. That's how long it took to become the No. 1 social media platform. It took a couple more years to become No. 1 in web traffic. Point is, it takes time. And it might take a little longer for Web3 to catch on than it took for Web2 to catch on. It's a steeper hill to climb. Just keep chugging.

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Absolutely. It does take time and people need to realize it. There is a lot of development that is required before we can be even a smidgeon of a player with the big boys.

That said, we have to get people to start thinking in that direction. There is no reason why we can start planting the idea of the potential because it is here.

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I like the way liketu.com is bringing the front end... and by the looks of it could also integrate this. It's all a question of experience now... the internals are all already here anyhow.

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I heard Khal talk about that on the cryptomanaics and it would be nice to see. In a way, I wouldn't mind if people moved some of their conversation off of discord and into the blockchain.

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I am new to Hive and I see a great potential in this platform. This could replace twitter no doubt. We need more web 3 projects like this in future.

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What I appreciate about Hive is that third parties are experimenting and extending how this blockchain can be used and they are pushing for new things on it. I hope that out of these new projects things will end up extending also the infrastructure layer to support more and more features. This way we will end up with an ecosystem where there is nothing you can't do!

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Web 3 is coming to stsy, in fact twiter is just blogging people account anyhow, hence people will look for alternative which if course is hive.

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