The basic premise on the Hive is already in place. We are basically adding a time lock feature to the existing savings account and a different APR. This is not different than what is in place: 3 day lock up in wallet and the witness determined rate.
But yes, to get more expansive will require a second layer solution; things such as collateralization and other aspects. But from the foundation we could build a host of applications to expand the capabilities.
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Ah, yes. This is a nice way of explaining the whole thing. Admittedly I parsed the idea wrongly. Thank you for clearing it up for me captain!
Implementation of this on the first layer is likely totally doable, albeit I'm not strong enough at C style languages to attempt this quite yet.
The second layer / network enhancement via side chaining is likely our best bet. My stuff is still in the works, I'm way behind schedule though.
100% support your idea here though. Any useful financial tool / vehicle that can be implemented to make the network, and its sidechains more attractive.. the better.
It's my thought that the current HIVE chain will end up as our "blog" chain.. WIth the sidechains effectively acting as our bridge to other chains / catching us up with the standard.