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RE: Magi Network DHF Proposal 2026

in #hive4 days ago

Without second-layer tokens integrated with Hive Keychain, which can be created quickly and easily, Magi is completely useless (at least for me). The only sensible thing from the previous proposal was V4V. Here, I don’t even see that.

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Always a fun time with you Hallman. :)

If you read the proposal the app layer is live and functional, tokens and NFTs. What youre describing here didnt even make it to roadmap because its ready to push on Okinoko.io but Tibfox didnt have time to push it live as he had more critical work to do related to Magi.

I would definitely disagree with easy to launch tokens being "the only sensible thing". I would describe it as being by far the least critical feature as you can already easily launch HE tokens.
For the app layer the actual critical value add proposition, is the wallet interoperability that no other app platform offers, as described in the post.
That is the killer app layer feature.

Because of this approach, 99% of projects will choose Solana over Hive. Hive Engine is a joke. There are more problems than benefits with it. But only those who use these tokens practically, rather than theoretically or once a year, know this.

What about V4V? That was the only thing useful in real life that was in your previous proposal.

You need to be specific in what it is you mean by "Hive Engine is a joke" in terms of functionality that you need.
My experience with Hive Engine has been very good for many years. The trust assumption there isnt to my liking, which Magi does solve, but Hive Engine has given birth to many great projects over the years.
And for the V4V mention what is the functionality that gives you the "real world usefulness". It would be easier to address your needs if you could specify them exactly.

Regarding Hive-Engine: it is very slow, and we’ve had many situations where it simply didn't work, which effectively discouraged new users from using it (e.g., node issues).

Regarding V4V: thanks to this app, we can completely bypass exchanges and live directly off crypto. In Krakow, I can go to a cafe and pay with HBD. Thanks to this, in November at the Kingdom, we were able to carry out the first Hive Voluntary Service project and pay for everything in HBD without converting to PLN.

So youre using it to pay with Bitcoin? The lightning payments? Thats still available, not going anywhere as far as i know. Once more liquidity gets into pools the payments should be routed via our pools.

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