Hive is a blockchain-based digital currency launched in March 2020, as a result of a hard fork of the Steem project, which was used to power the Steemit platform.
Hive's most prominent features:
1. Open-source blockchain platform:
Hive aims to provide a fast and efficient platform for developing decentralized applications (DApps).
2. Supporting digital content:
It is mainly used to support social media platforms and blogs that offer rewards to users for creating and interacting with content.
3. Speed and low costs:
The Hive network provides very high transaction speeds at a low cost, making it suitable for applications that require high performance.
4. Applications and projects on the network:
It includes many applications such as decentralized games, writing and blogging platforms, and video platforms.
5. Reward system:
Currency rewards are based on the integrated proof-of-stake system (DPoS), where users can participate in voting and determining the basic directions of the network.
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HIVE Coin Information:
Currency Code: HIVE
Uses:
Paying transaction fees on the network.
Rewarding content creators.
Investing by staking and participating in governance.
Trading:
Hive can be traded on many cryptocurrency exchanges, such as Binance and Bittrex.
