What's New With Hive and 2024 Goals

Currently I'm in a battle with myself about what node I want to get up and running first. Should I go hive-engine or hive itself? Ah the choices! lol It's going to take a bit of time to learn each and learn troubleshooting etc on it which is leading me towards hive-engine first so I can get a good feel for it. I've setup nodes before for many other blockchains but each had some rather good documentation on it.

Honestly I'm kind of surprised that hive doesn't have an official white paper and on there directions for setting up a node etc. Seems kind of weird since that's the standard with just about every other blockchain.

That being said that's my first big goal for this month but there's many others.

What's New With Hive

This week once again involved no real big updates from anywhere. No real small updates either which I guess is to be expected as everyone is still just getting back from some holidays or recovering. I'm expecting some bigger updates come next week. I believe with have Splinterlands big update should mainly revolve around a possible first liquidity pool and the introduction of the new air drop system for rebellion card set. This new air drop method should be rather cool and you can bet ya I'll be blogging about it and other Splinterlands things over on my Splinterlands account at @spt.bitcoinflood

Goals

$HIVE

Goal 150,000 Current: 104,000

The primary goal here is to start expanding the ways in which I earn hive. The really cool thing about hive that I feel a lot of people don't understand is that there's legit more ways to earn hive then any other blockchain.
You earn hive through

  • Staking rewards
  • Curation rewards
  • Author rewards
  • p2e gaming Splinterlands Dcrops RisingStar and many others.
  • Video
  • Tweets aka InLeo frontend
  • Defi through things like CubDefi and Diesel Pools
  • Delegations to projects
  • Layer 2 community's/projects
  • Running a node or nodes for various hive projects and hive itself
  • and more coming in 2024!

The goal here for myself is to expand across all of these so I'm not reliant on one form of hive. By adding and using all of these methods I should be able to hit that hive goal by year end and then some.

$LEO

Goal 150,000 Current 119,000

There's been some change ups on this front. Mainly from an investment and priority stand point. After two years of constant delays and promises LEO is now a secondary investment project and no longer the primary. That's not to say anything bad about what's going on over there just that it's not aligning with what I had envisioned and the price action there just isn't happening along with other delays. It's an investment move of money and time.

$CTP

Goal 100,000 Current 53,000

I added this one on here just to keep myself in check as last year I wanted to hit 100k. For sure this year we will hit 100k after which point we will most likely start selling off the extra unless there's a new reason to keep stacking it.

$SPS

Goal 1,000,000 Current 456,339

Almost half way to my goal with around 300+ SPS coming in per day currently. The goal here is to keep stacking SPS unless it blows up in some big way to $0.30+ of which I'll then for sure take some profits. The 1 million goal is more of a stake I'd feel good about having to be able to cast votes on how the DAO is used and have it mean something decent.

This will primarily come from Land and liquidity pools. The flip side of this is I'm also stacking DEC. I need roughly 5 million DEC total in order to run all of my lands as I believe I do have a good amount of cards that I need to run them. At that point I'm going to need DEC for liquidity pools and the goal there is to pretty much self sufficient the DEC earned in fees on liquidity pools to keep things running smooth.

I currently only have a small portion of my lands up and running. Out of a total of 142 plots of land I currently have just 16 running. Of those 16 nearly all of my SPS plots are running and I have grain to support it all internal. From there I'm also starting to really max out research. The goal here is to get DEC and start working on those plots of land left at least to open them up. The opening up phase right now is to be sure I'm ready for when land 2.0 comes and I'm going to need to build a bunch of new buildings. The only iffy part I have right now is how easy it's going to be to swap from grain to something else. My 100 plots I have for my keep also have the building in a box which should seriously jump start all of my plots quickly.

Overall the goals are looking good. Massive production and wealth is starting to be generated from hive and everything it touches. It's gotten to the point that I now feel increasingly good amount investing / delegating hive to help out new projects and maybe even get a little exclusive lead way into them. A large portion however of time, money and resources are going to be pumped into Splinterlands for the next few months while still increasing the focus on hive.

What part of Hive are you focusing on right now?

Posted Using InLeo Alpha



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16 comments
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I can't even imagine managing 142 plots, I have 17 and only 6 are producing now! :)

Focusing more on increasing my Hive stake, liquidity pools and Splinterlands, and more than the new systems I reaaaaally want to know what's going to be done to improve the new player experience and the botting issue, stuff that's slowly killing the game and keeps getting postponed.

You seem to have a pretty decent snowball running; good luck for 2024, I have a feeling it will be an awesome year! !BEER

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A lot has already been done to combat the botting issue. Every game is going to have some type of botting and just needs to be structured that monetary value has to be entered before extracting often kills off a vast amount of bots. New player experience I'm not too worried about. If anything they just need a solid wiki that's up to date with what skills are, look like etc or an in game tool tips section would do plenty to help understand the game that can be toggled on and off.

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New player experience is actually what worries me the most, it seems unlikely that anyone starts playing now if they get bulldozed by gladiators 99% of the battles: I've tried playing in modern bronze and this is the norm in almost all battles. Oh well, let's see what the team comes up!

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Just 9 plots here, those like you with 100+ I have sympathy for - you'll be good to go once up running in full though, whenever that is!

Building that Hive power (easier with this 'low' token price) and collecting everything SL, hoping to slice sometime in 2025. Cheers!

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9 plots is a solid amount there's a good bit of harvesting you can do for sure! We just need land 2.0 and liquidity pools to really start to see it shine. lol yes whenever that is for the 100+ plots 5 million DEC isn't easy to come by. I'm glad I kept a good amount of my duplicate beta cards though.

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!ALIVE

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@bitcoinflood! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ pepetoken. (15/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Good luck on your goals for this year. Totally agreed—Hive gives us the more ways to earn. I'm also trying to spread myself around so that I can earn in different ways.

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Nice goals!
You will reach them before the year end, I'm sure!

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Nice set of goals there. I'm sure you can setup and operate nodes without any issues. I don't remember if I had shared my step by step guides with you. That will let you get started.

Always, if you want me to run and maintain it, you can reach out.

Good luck on your goals. Cheers!

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It suggests insights into recent developments, such as software updates or feature enhancements, aimed at improving user experience and functionality. The mention of 2024 goals indicates strategic objectives or milestones Hive aims to achieve, potentially including expansion,

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