Hive was launched in March 2020 as a community hard-fork of STEEM. It is a fully decentralized, scalable, and Graphene-based social blockchain platform designed for Web 3.0 compatibility. Hive leverages a Delegated Proof of Stake (DPoS) consensus protocol while enabling rapid transactions with a three-second settlement time. Its innovative stake-based Resource Credit mechanism, which effectively replaces transaction fees, supports the ecosystem’s zero-fee model. Moreover, Hive facilitates timely and seamless monetization of users’ stored content, thereby incentivizing adoption across multiple levels. The project’s roadmap features a Smart Media Token integration, envisioning an optimally incentivized ecosystem that drives user participation in content publishing and circulation. HIVE is one of the platform’s two native crypto assets, the other being Hive Backed Dollars (HBD).
Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Hive, than our closest competitors.
Verify online instantly without uploading documents and deposit AUD to start Hive trading in less than 2 minutes.
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