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The hive Blockchain has become a web3 ecosystem that has surpassed being just a social media, but one that allows a content creation explore the decentralized aspect of the Blockchain by means of been accountable for their accounts and also having a say in the affairs of hive. NO doubt every aspect on the hive Blockchain from protocols, dapps, content and all are doing their best to make the space accommodating and worthwhile. Especially dapps, they develop their apps to ensure that users enjoy.
They offer several advantages ranging from Control and Ownership ,where Users have full control over their data and assets within dApps. There is the advantage of privacy where your assets are protected with no third parties involved. There is also the option of transparency and security, on the hive Blockchain transparency is ensured in dApps because all transactions is immutable while for security , it is secure. It is also advantageous in the areas of lesser fees, access to Global Markets and empowerment.
In view of all that I said, we can see that these communities on the hive Blockchain are not playing around,they literally have everything set up to create a usee friendly experience for members. For instance, dapps like Ecency, peakd and inleo have great developments in place that makes users want to use their dapps even more because of the flexibility and what it has ilto offer.
In essence, I don't think a new development would suffice at 5his point because when you thing of it, the brains behind these community or dapps are already a step before you. But nonetheless, ideas can be provided which will bring about a change or correction in what is already available. Hence, for me, an area of development I would love for dapps to build up on is the area of Interoperability,a system where the exchange data across platforms and operate seamlessly together.
This is actually something that is already in existence especially on the hive Blockchain,because last year during the last hive zealy campaign organized by @inleo, we watched a space where the #vsc network which is a layer two smart contract on hive allows allows for Bitcoin wrapping. Although it's still in its early stage but there can be more opportunities like to Facilitate interoperability between different blockchain networks to enable seamless transfer of assets and data across platforms, fostering a more connected and efficient ecosystem.
Consider the factors involved in changing crypto, the hive token. To many it's still a difficult procedure that they can't fathom and many have lost their hard-earned tokens because of simple mistakes made. But this can be averted when Users can seamlessly transfer cryptocurrencies or hive tokens between different blockchain networks without the need for intermediaries or centralized exchanges. This would definitely go a long way to ensuring safe with tokens. Even a peer to peer exchange on hive would not be a bad idea.
This is my response to the #hivenaija prompt on what are/is the development(s) you would personally orchestrate within Hive? How would it/they add value? To participate check this link
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