Hive blockchain is a Web 3.0 blockchain providing a decentralized ecosystem for apps, communities and individuals.&nbsp;Hive aims to create a more inclusive platform that extends beyond cryptocurrency finance. Therefore, in addition to storing data from financial transactions, Hive Blockchain stores other data. This includes social content, i.e. blogs and gaming data, and votes. Hive is scalable and hopes in the future it will be a widely used social and economic platform. Furthermore, transactions using blockchain technology can be expensive and timely, Hive has been designed to remove transaction fees and speed up transaction processing times.The Hive platform has two tokens. HIVE, which exists in a liquid form (HIVE) and can be traded, bought, sold and staked. The staked form is called Hive Power. It has also produced another cryptocurrency asset, Hive Backed Dollars (HBD), a stablecoin intended to be pegged to the US dollar. The value of HBD is dependent on the supply and demand of the token as well as the platform’s ability to buy back US dollars.Hive Blockchain was created following the sale of Steemit Inc to Sun Yuchen in February 2020 as a decentralized and independent fork of the Steem blockchain, designed to combat the threat of centralization following the sale.<h3>What are Hive Blockchain’s key features and how does it work?</h3>Hive strives to offer a faster transaction speed than other blockchain technology, at present transactions take less than three seconds.The Decentralized Hive Fund (DHF) is a decentralized autonomous organization (DAO), which provides the funds for the development of the platform, and users can suggest development projects and proposals, as well as cast votes on them. It has been designed to avoid centralized control over regulation changes.<h3>What is noteworthy about Hive Blockchain?</h3>Rather than being mined via the ‘proof of work’ method, Hive relies on a ‘delegated proof of stake’ model. This means that it uses witnesses (block producers) rather than miners to produce new blocks in the blockchain. There are 20 full-time witnesses who users vote for and a 21st witness position consisting of ‘backup witnesses’. Notably, only 10% of new coins are paid to the witnesses.HIVE has recognized that the popular adoption of blockchain technology is yet to take off. Therefore, one of its aims is to make it more accessible and inclusive. To do so, it encourages a variety of activities on the blockchain by reserving the other 90% of new HIVE coins for users engaging and participating in the platform in other ways. This includes content producers, those engaging with content, curators and Hive Power holders. Such activities include writing blogs, playing games, building and engaging with dApps and so on.The Hive Ecosystem currently consists of 126 apps, communities and projects. One of these, Hive Blockchains is Hive.blog, a social application created by Hive blockchain and reflects Hive’s attempt at developing social media using blockchain technology. Users are rewarded with HIVE tokens for posts and blogs. Meaning users can earn HIVE without requiring either financial investment or technical knowledge of mining. All content is stored on the blockchain and remains publicly accessible.Hive uses a stake-based Resource Credit mechanism, meaning transaction fees can be eradicated. Users are given a limited number of Resource credits per week and all actions use a certain amount of Resource Credits. If a user runs out of Resource Credits, they will not be able to complete transactions on the blockchain.

Hive

Hive is the blockchain for web 3.0 providing an ecosystem for apps, communities & individuals.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Payments are processed by Heleket. Use only the supported chains/tokens. CryptoRank cannot compensate for failed transactions made on an unsupported blockchain.

Advanced Tools and Ad-Free Experience for In-Depth Analysis

Payments are processed by Paddle. Use only the supported payment methods. CryptoRank cannot compensate for failed or incomplete transactions made outside of supported options.

Receive Comprehensive Analytics, Exclusive Research, and Guides

Payment confirmed

Add promocode

Total Due:

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Historical data tab for %name% in USD for download and research

HiveHIVE

Historical Data for Hive