What is Hive (HIVE)? Hive is a blockchain that uses delegated proof-of-stake ...

in DBuzzlast year

... (DPoS) as its consensus mechanism. It was launched in March 2020 as a hard fork of the centralized Steem blockchain and as a Web 2.0 to Web 3.0 gateway.


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The Hive blockchain claims to offer “ultra-fast processing times and commission-free transactions.”

Some example use cases include social networks with monetized rewards for content creators, interactive blockchain-based games, identity management, microlending, and more.

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Hive powers decentralized applications (dApps) such as Splinterlands, PeakD, and HiveBlog.

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What makes Hive unique?

Hive is not just another cryptocurrency in the digital space; is a growing ecosystem that promotes freedom, creativity and community participation.


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With its focus on decentralized social networks and user-generated content, Hive is leading the way toward a more inclusive and equitable digital future.

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In short, Hive is a social network of applications and services where users discover the power of blockchain technology, connect to the platform and share content securely through equitable redistribution

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