HIVE HIVE is a cryptocurrency tied to the Hive Blockchain platform, a decentralized network focused on content and content creators. Hive was launched in March 2020 as a hard fork of the Steem network after disagreements between the community and the previous Steem management. Here are the most important information about the coin and the project:
Key Features of Hive:
1. Decentralization:
Hive is characterized by its reliance on decentralized governance, which gives the community power in decision-making.
2. Content Rewards:
The platform is designed to incentivize content creation, as users receive rewards for publishing high-quality content.
3. Transaction Speed:
The network supports high-speed and low-cost transaction processing, making it attractive for decentralized web applications (dApps).
4. Dual Token System:
HIVE Token: The base currency of the network.
Hive Power (HP): Represents the level of influence and authority within the system.
Hive Dollar (HBD): A stablecoin pegged to the US dollar.
Uses of HIVE Coin:
Voting on content and controlling voting power.
Transaction fees within the network.
Supporting projects and applications built on the Hive network.
Where to trade:
HIVE Coin is available on several popular trading platforms such as:
Binance
Upbit
Bittrex
