Hivebits (HBIT) is a token on Hive-Engine, a sidechain to the Hive blockchain. HBIT is about slowly getting little bits of Hive. @Hivebits is like Bitcoin in that you get it by mining and there are 21 million max, split down to 8 decimals. Bitcoin is mined by effort, by "proof-of-work". Similarly, HBIT is mined by effort, call it "proof-of-comment". HBIT can be "mined" simply by commenting anywhere on the Hive blockchain by typing !hivebits. You can mine once per day. Your mined HBIT will show up in your Hive-Engine wallet.To mine HBIT only two things are required: (1)A Hive account (2)You must comment on the Hive blockchain using !hivebits (Hive Account Creation Link = https://ecency.com/signup?referral=rentmoney). Unlike the other tip tokens advertised here in this post !hivebits does not tip others. The command !hivebits is used to tip onesself. Update: If the person responds to ANOTHER Hive user, the person being responded to gets 10% of the HBIT. Those using the HBIT command can still get all 100% if they reply to THEIR OWN post/comment.
Basically a tip token that you use to tip yourself.
Hivebits blends Hive's blockchain and Bitcoin's ethos. Your effort = your reward. Mine HBIT simply with ! hivebits (no space), 1-per-day. Success! You just mined .9 HBIT and the user you replied to received .1 HBIT on your behalf. You can receive 100% of the HBIT by replying to one of your own posts or comments. Or, support Hivebits at official HBIT mine | your wallet | market | tools | connect | <><
Confirmation replies are currently on, but they'll go off when Resource Credits (RCs) get low. Your hivebits command will still go through and you'll get your HBIT.
what is hbit?
I used the wrong command.
!hivebits
Posted Using LeoFinance Beta
either way, whats hivebits? Sounds like a new token, or at least new to me?
Basically a tip token that you use to tip yourself.
So by using !hivebits I'm able to mine some hbit as well as provide you 10% of such mining via replying to your comment? Nice.
!hivebits
Hivebits blends Hive's blockchain and Bitcoin's ethos. Your effort = your reward. Mine HBIT simply with ! hivebits (no space), 1-per-day.
Success! You just mined .9 HBIT and the user you replied to received .1 HBIT on your behalf. You can receive 100% of the HBIT by replying to one of your own posts or comments. Or, support Hivebits at official HBIT mine | your wallet | market | tools | connect | <><
Confirmation replies are currently on, but they'll go off when Resource Credits (RCs) get low. Your hivebits command will still go through and you'll get your HBIT.
@rentmoney, this comment has been manually curated with LUV