Hive HIVE
Report IssueHive is an open-source blockchain built over years of development to bring Web 3.0 to the world. With a diverse community of stakeholders and without the control of bad actors, people can experience true ownership of decentralized blockchain and cryptocurrency.
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$0.213
-10.22%
#322
Media
ByBit 
Gate 
Score Sentiment Neutral
Short Review Hive
Crypto project Hive (HIVE) is classified as a Media. Hive is a Utility token that is hosted on the Ethereum Network. The current total supply is 465.39 M HIVE (Circulating Supply + Tokens yet to be released - Burned Tokens).
(HIVE)
HIVE Price Chart
Hive Cryptocurrency (HIVE)
Hive is an open-source blockchain resulting from a hard fork of the community-driven Steem (STEEM) blockchain. It was created to introduce the world to Web 3.0 as a platform designed for decentralized applications (DApps) and social interaction. One of Hive's main goals is to create a trusted ecosystem that is fully decentralized, fast, free and immutable.
Hive (HIVE) is a cryptocurrency with core features to support content-driven decentralized social platforms for a range of financial and social projects. The Hive blockchain can host long and short posts and user comments that can be curated and rewarded by the community. Upvotes are used to curate content that can generate staked token revenue for the voter and monetize the content for the author in the form of Hive Coins and Hive Dollars (HBD).
History of the Hive Project
Members of the Steem community have announced their intention to create a new platform after a battle for control of management with the CEO of Tron Justin Sun and majority holding company Steemit Inc. As a result of the community hard fork on March 20, 2020, Hive was created with historical community data transferred to this new blockchain and a separate distribution and a new set of decentralized goals moving forward. While some aspects of Hive function similarly to Steem, there are also growing differences between the two DPoS (Delegated Proof of Stake) blockchains. like investment funds. Once these tokens are staked/enabled, they allow the user to perform a range of actions and participate in various aspects of the Hive network. While Hive is staked, its value rises slightly along with the currency inflation chart, allowing users to protect their own funds as well as leverage them within the ecosystem for a range of benefits and services.
Advantages of HIVE
- Speed. Transactions take less than 3 seconds.
- Scalable. A promising system for bandwidth and resource storage.
Disadvantages of HIVE
- Difficulties with registration. From time to time, users encounter difficulties creating an account on the platform.
