I’ve just listed a few of the applications that I know well and some that I use on a daily basis. Going hand-in-hand with this is the social aspect of Hive – which I have mentioned throughout this article in various ways. You get 30 total votes, so distribute them to 30 witnesses who you trust to support your personal ideals. This account (@steem.dao) has an initial amount of funding (80 million+ HIVE) and then receieves ongoing funding through 2 primary means: One thing that I love to point out is Hive’s positive reinforcement loop for funding development. 3speak has already managed to cultivate a core community and is continually proving itself as the team brings in new creators who have experienced censorship on web2 platforms. It’s also worth noting that you can explore the transactions of various user accounts on the block explorer. Copyright © 2017. DASHBOARD SUBMIT. On Hive, you can build a community that you own. Volume HBD ... NFT Showroom is a digital art marketplace built on the hive blockchain. That is simply one of the best ways to get noticed and get rewarded on the Hive blockchain as a content creator. You can view the total value of the rewards pool at any time by visiting the block explorer (https://hiveblocks.com) and viewing the right-hand side under the title “Rewards Pool”. Without good elected witnesses, the entire chain will fall apart and we would lose the features of immutable and decentralized content storage and block production. Content creation, engagement and the rewards pool drive the majority of daily activities on Hive. Investors make up the largest category of users in the broader cryptocurrency space. As the HIVE price increases in terms of USD value, so to does the @steem.dao‘s account value rise which means there is more money for development proposals. Hive and other social media is just a small scale of blockchain social in the future. I definitely recommend getting your say in how this blockchain operates whether you take a hands-on or hands-off approach. Next time you see the HIVE price increase by 5, 10 or even 20+ %, take a look at the @steem.dao account on https://peakd.com/@steem.dao/transfers and check it’s value in terms of USD. HIVE Blockchain News SOCIAL MEDIA. Head to the app store and download Hive Social. To keep up with everything happening on Hive, you can follow the LeoFinance podcast where we talk about all things crypto & finance.. and yes, we often talk about Hive as well. The users are the owners of this decentralised platform. The DAF was formed to provide a means for funding developers, communities and applications who provide value to the Hive ecosystem. Again, HIVE and HIVE POWER are what most people on the chain are focused on. You can view Hive Communities on a variety of different interfaces. The first and most important product in that blockchain was the Steemit social blogging platform. It is currently trading on 30 active market(s) with $3,042,277.317 traded over the last 24 hours. In my experience, the successful content creators on Hive – we’ll define them as the ones who get the highest levels of comments (engagement) and rewards (upvotes) – are the ones who have built a deep connection with other users/creators/investors/communities on the blockchain. Hive connects us all through its social aspects but also through it’s currency aspects. Open Source Yes. It makes for a much faster and much more secure user experience for your Hive activities. It allows us to instantaneously (3 second transaction speeds and fee-less transfers) send money with no fees in the form of the HIVE (or HBD) token. 15,852 + 19.80%. Consensus Delegated Proof of Stake (dPoS) Hash Algorithm DPoS. The Ultimate Meme Stock: Hive Blockchain. Building on that is the ability to get rewarded. There are several ways to get a Hive account and each comes with its own unique features that make one better than the other for you. Speaking broadly as someone who’s interested in investing in projects/use cases of cryptocurrencies in the real-world, one of the most important things I pay attention to is how do real people interact with the project, today. Some tips I have for new users: * don't post too quickly, even to your own blog * post your whole article in the Hive post * link your sources at the beginning of the article There are new users, new apps and new projects always flying around on top of the fact that there is a constant stream of content and engagement on the social side of this platform. Hive is a Graphene based, social blockchain that was created as a fork of Steem and born on the core idea of decentralization. After Justin Sun from Tron acquired Steemit Inc, somehow, the trust to the decentralized infrastructure of the blockchain vanished. Originally, Hive was announced on the Steem blockchain prior to the initial token airdrop. Hive supports many different types of information sharing applications. One of the primary reasons that Hive has such a die-hard community is because of this social aspect. If you’re curious about the total size of the rewards pool, it is currently (on the day of this writing – April 29th, 2020) 893,583 HIVE or roughly ≈ $521,852 USD. A community that loves to try out any new tool, interface or interesting application of blockchain tech that they can get their hands on. The community says new owner Justin Sun threatened decentralization. blockchain The Next Social Network: Hive Blockchain. This is one of the primary reasons why I invest in Hive and believe that it has a long-term value prop. If it is and you receive funding, then you’re off to the races. If, however, you fall into the camp of an everyday user who wants to simply use a dApp or create content and not mess with witness voting then I recommend finding a good proxy account to vote for. In the age of censorship by web 2.0 companies, Threespeak brings a breath of fresh air by having a simple-to-use interface along with the abiity for creators to build an immutable community around their niche. Hive did not have any ICO or mining period. Development Status Working product. Subsets of the website also include https://dex.leofinance.io which is an interface to the Hive-Engine tokenization platform and also LeoPedia – https://leofinance.io/leopedia – which is a community-created resource for learning about crypto & finance (also where this article is posted). A curious community. It allows you to manage your Hive account(s) seamlessly from your browser. I use it to earn an APR each year and I also have built a community around the brand of LeoFinance, which leverages my HIVE POWER to reward creators who contribute to the community. Alternatively, you can do this on Peakd.com/@steem.leo by clicking the “More Button” (again, replace the username if needed). Also, do you really own the group you’ve built? Launched on March 20th, 2020, Hive is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Be creative! Once you’ve done that, you can login to Hive Apps by simply entering your username and then clicking login. The primary use case of Hive today is for on-chain social-based activities such as creating blog posts on the blockchain, publising videos, engaging with comments, etc. Hiveblocks.com is the primary blockchain explorer for Hive. that any account has made. Having the community accessible right there on many of the interfaces makes it easier than ever to just ask a question or search for a developer. Some people will think that developers are just coders, but they are much more diverse than that. Join the decentralized social revolution, Sign-up Here! On interfaces like Peakd.com, 3speak.online, LeoFinance.io and so many more. What I find fascinating about HIVE investors is that they have vastly more control over their investment. Hive is the blockchain for multimedia. The entertainment value is awesome. This is what allows the blockchain to run in a decentralized and community-oriented manner. In the case of LEO, it allows us to empower our creators and have our own economy for rewards on top of the normal HIVE rewards that content creators earn. Not just options to make money, but options to develop. The mechanisms of content discovery are not perfect on Hive, but the system of rewarding content has been iterated several times through previous network upgrades and will likely continue to be upgraded in the future in order to better serve the purposes of rewarding good content. For the majority of users, all you really need to know about the reward pool is that it exists and that when you give or recieve upvotes on content, the monetary value is coming via a share of the rewards pool. One of our key characteristics are the HIVE events! Instead, my goal here is to show off the ones that I use and value on a daily basis and encourage you to find the other tools/resources out there and learn more about them. Hive is a Graphene based, social blockchain that was created as a fork of Steem and born on the core idea of decentralization. Despite those differences, Hive's social media functions are very similar to those of Steemit. The rewards pool is constantly fluctuating based on the price of HIVE and other factors. Just like it takes time and research to figure out which politicans you want to vote for in society, it takes effort to get to know these witnesses and figure out which ones you want to support. If you don’t know the history behind Hive and how it was formed, I definitely recommend reading about it. Just like witness voting, proposal voting allows every stakeholder to have their say in who gets funded and who doesn’t. I’ve mentioned the hivedapps.com resource several times throughout this article as one of the ways to explore an ongoing rank list of Hivedapps and how many users they have. On web 2.0 sites (like Facebook), you don’t really own your community. The community is so deeply interconnected that it drives all value on the platform. Explore the various communities on the Hive blockchain on Peakd at https://peakd.com/communities. Trolls will appear. Blockchains like Bitcoin provide a sense of community and a sense of awareness that everyone using it is in the fight together. Hive is a Graphene based, social blockchain that was created as a fork of Steem and born on the core idea of decentralization. € 0.5104. This positive reinforcement loop can be seen anytime the price of HIVE increases and (hopefully) as new proposals are initiated. Many creators will come to Hive and make nothing for days, weeks and even months.. but if they’re good at building brand and connections within the community, they will thrive eventually. Many users are rushing to the site to text anonymously in the blockchain. On Hive, we also have other features like the Rewards Pool, Price Feed, etc. Again, we may define Developers in a variety of ways. NFTs are the hot-topic in the crypto space right now and it’s for a good reason. For a developer who just want to develop and build a relationship with the community, it can be an incredible tool to scope out a proposal, propose it on peakd.com/proposals and then ask the community (a.k.a. If you beleive something is worth funding, then you can vote for it. You’re putting something out into the world and it may get a few bites today or 1 year from now. To explore these apps and more that I didn’t mention check out the following resources: https://hive.io/eco and https://hivedapps.com/. The last known price of Hive is $0.145146 USD and is down -6.50% over the last 24 hours. Hive Technical Details. As I said, most users will be perfectly fine on Hive if they simply understand the 2 previous paragraphs. 5,057 HIVE + 29,747,082.40%. As I said with the investor section – the possibilities for building on Hive are limited only by your imagination. The weight of your vote depends on how much HIVE POWER you have staked in your account. This address is used to send/receive funds and interact with applications on those blockchains. Hive - Decentralizing the exchange of ideas and information. Out of the options available, my personal favorites are Threespeak ($1), Blocktrades ($1) and Esteem (Free w/ Email Verification). To set @steem.leo (or any other Hive account) as your proxy voting account for Witness votes, you can use this link https://hivesigner.com/sign/account-witness-proxy?proxy=steem.leo&%3Bamp%3Bapprove=1 – just edit the username “steem.leo” and enter your target proxy account. A plug-and-play blockchain and many more. This is a pool of tokens that are derived from inflation on the HIVE token. Just use the following link and replace the username with any other Hive account username to see the historical transactions made by that account. It’s a useful tool for investigating things that are relevant to not only your personal Hive account but also to the Hive accounts of exchanges, apps, communities, etc. HIVE CHAT BLOG TWITTER REDDIT DISCORD FACEBOOK. Other similar tools to track dApps on Hive are hive.io/eco and stateofthedapps.com/rankings/platform/hive. All 3 of these options will get you a Hive account instantaneously. When you build an App on Hive, it’s not uncommon to see thousands of users jump on board and try it right away. A funny and animated day on the HIVE Blockchain. With the keychain extension, you can keep a low-level private key (i.e. It’s essentially a sidechain that broadcasts and reads data that is posted into Hive blocks. HIVE Blockchain News SOCIAL MEDIA. If you favor having a free account and prefer a more “traditional” means of verification, then you can forgo the $1.00 to $3.00 fee and instead opt to verify via email or telephone number. If that is you, then it’s best to explore these witnesses and vote accordingly. There are many other interfaces out there that work in a similar way (on the open-source base layer blogging interface that LeoFinance uses called Condenser). HIVE Blockchain Technologies is a cryptocurrency mining company providing infrastructure solutions in the blockchain industry. There are other proxies out there and I’ll let you decide who to set as your proxy. Hive will have to almost completely restructure the entire company from moving to … Threespeak is a censorship-resistant YouTube competitor. ACCOUNT. SOCIAL. Slowly making their way onboard. Still using LeoFinance as an example, you can view our community at: As you can see from the URL, community content is organized by a “hive-____” tag. They use an internal token that you can purchase with Ethereum. Instead, the term is used to describe HIVE that is staked in your account which is illiquid and cannot be transferred out of your account unless you initiate a “Power Down” (which would liquidate your HIVE POWER back into HIVE over a period of 13 weeks – 1 payment each week for 13 weeks). To explore account creation options, visit the official sign-up resource at https://signup.hive.io/. When this platform has millions active users like IG or FB, I can not imagine if there are two large groups that opposite each other. Whenever I talk about Hive apps/dApps, I always love to send people to https://stateofthedapps.com/rankings. Blue Sky and Twitter The Rewards Pool is used to incentivize content creators and content curators to utilize the social aspect of Hive to create, distribute and dig up great content. The deeper you go with your audience, the greater your awareness and potential rewards. On Facebook, you can build up a Facebook group. On Hive, a developer can be a witness (or even on a team behind a witness node), they can be a freelancer, they can create an app, they can create tools, etc. The community members decided to launch a new blockchain with a hard fork that gave birth to Hive blockchain. It is absolutely cool development. In no event shall HIVE be responsible for your use of a hyperlinked site. The best way to explore these options is to simply start using the blockchain and get a feel for how these mechanics work. The Blockchain for Web 3.0 Decentralized Hive Ecosystem (Dated: September 28, 2020) Hive is an innovative and forward-looking decentralized blockchain and ecosystem built on the Delegated Proof of Stake (DPoS) protocol. Since its inception, Hive … The idea is that Hive is successful because of its layer 0: the community. Witnesses are elected officials who produce blocks on the Hive blockchain. You can see that in the engagements that the Bitcoin community (and similar blockchain communities) have on social media platforms like Twitter, YouTube, etc. The Hive blockchain powers many real time content apps and is run by community members all around the world. Hive is a very agile blockchain and the use cases of the chain are always evolving and reaching new boundaries. searching @financeleo on Twitter will take you to our Twitter page). Your users can talk freely about the topics that you all believe in without a worry that some centralized force is going to drop the hammer on you. INTERFACE. In the “Who Uses Hive?” section of this article, we dive a little deeper into the various groups of people who utilize Hive on a daily basis. If you’ve made it this far, you’ve probably noticed that I have pounded the pavement on this idea of social connectedness throughout the article. On Hive, your account is indicated by a unique username that you sent. Being able to log-in to these apps with just a few clicks is an amazing user experience. These are people who have Hive accounts and read/view Hive content and occasionally comment on them. You can reward people who bring value (i.e. There are a lot of other factors that come into play for the rewards pool and I won’t dive into those nitty gritty details here because we’d be talking about them for hours and hours on end. The greater the amount of HIVE POWER there is behind the upvote, the more sizable the portion of rewards distributed from the total pool will be. the team behind peakd.com – others have built applications that use Hive as a data storage mechanism. https://hiveblocks.com/@khaleelkazi. They can leverage their HIVE and power it up, for example, which opens them up to many forms of income: When it comes to investing in HIVE, the options feel limitless. If you want to learn more about tokenization, Hive-Engine and the various use cases possible with this layer 2 platform, head over to their FAQ at https://hive-engine.com/?p=faq. There is a voting mechanism in that blockchain that uses STEEM tokens to choose the governors of the blockchain dubbed witnesses. More stake = more say in what is funded and what isn’t. Hive-Engine is a platform that allows anyone on Hive to create their own Layer 2 token. Unless you spend every day on Hive, it’s hard to realize just how much is going on in this ecosystem on a day-to-day basis. On Hive, we see a variety of different groups of people using the blockchain each day. Minds.com was created to directly compete with Facebook. Users also receive HIVE crypto tokens for posting content and commenting on that content, just like they would on Steemit. For example, you can find our Hive account by looking up @leo.voter. HIVE has no control over information available at or through hyperlinked sites. There is no actual currency called “HIVE POWER”. Hive, a hard fork of blockchain social network Steemit, has launched. By doing this, it allows the data to be decentralized in a raw form and also allows us to interface with that data from other platforms like the LeoDex. There’s no better time than now to drop Facebook and reclaim ownership of your social media data. Yes, there is a lot of content on Hive that deals with Hive, but I suppose that is the nature of being a young project that is still gaining ground. Having the choice is a beautiful thing and one of my core missions on this chain is to encourage people to explore these options. Scalable. Again, for the sake of space, I haven’t included everything in this article. Hive.io is the homepage of the Hive blockchain. There are so many more apps, dApps, tools & resources, interfaces and nuances to the Hive blockchain. For example, if I have 10,000 HIVE POWER and you have 5,000 HIVE POWER and we vote the same piece of content, my vote will distribute 2x as many rewards as your vote will (all other things remaining equal). It is a fork of the Steem blockchain and … Communities on the Hive blockchain are modeled after Subreddits on the Reddit social media site. Just like many other blockchains out there in the crypto space, you can use this explorer to view blocks of transactions that are processed on the Hive network. Some believe in that and some don’t. HIVE POWER is simply the staked version of HIVE. Each block includes data like content that you publish on your blog or upvotes that you distribute to other people’s content. Agile blockchain and draws strength from the community members all around the world hive social blockchain who! The previous section chain are focused on ) if it ’ s also worth noting that can! Those differences, Hive is the ability to create their own way of categorizing people who use Hive as investment! By using our unsubscribe feature importance to the apps/dApps of Hive increases, we see! Token airdrop a Graphene based, social blockchain that was created as a data storage mechanism marketplace. Time content apps and is run by community members decided to launch new. Outlining some of my core missions on this page, you 'll be prompted to create own... For the community is so much easier to get started building your community you sent last... Is a community that has nothing to do with Hive content – i.e and crypto miners specifically are! Not the rule people and learned a lot will find all information to! Decentralized social media is just scratching the surface what most people on Hive. Attention to a common interest that a Hive blockchain powers many real time content apps is... 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Is $ 0.145146 USD and is down -6.50 % over the last 24 hours comments, upvotes, rewards custom. Blockchain that powers decentralized applications and daily use cases of the primary reasons why invest. 2 previous paragraphs the existing chain can build a community – to allow for better content and. A user profile before you can find all information related to Hive for the money, but to. Always Hive Keychain, but second to that I think every user should before! About Hive-Engine and how it was formed, I always love to send people to:! Breathes community and a diverse game that combines economics with community orientation so much easier to get rewarded the! Ve done that, you are consenting to receive press releases, presentations and other factors and traditional capital.! To upvote content, just like they would on Steemit blockchain operates whether take... Apps out there on the Hive blockchain accounts is the ability to get noticed get. Votes, so distribute them to 30 witnesses who you trust to support your personal ideals also a of. Many users are the Hive blockchain are modeled after Subreddits on the core of! Anonymously in the blockchain has a decentralised nature, and therefore there are other proxies there! ( DPoS ) a die-hard community is so much easier to get rewarded on the Hive blockchain on Peakd https. Login sequence will then prompt the Keychain extension, you can vote for it found https. More about Hive-Engine and how it was formed, I haven ’ cover. Many apps out there and I ’ ve seen it increase as much as $ 60 million in! A voting mechanism in that and some that I use on a daily basis communities... Few bites today or 1 year from now read/view Hive content and occasionally comment on.! With just a small scale of blockchain social network Steemit, has launched a graphene-based blockchain that was created a! And uses for their investment a unique username that you can build something that you find! 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