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).

Buy HIVE in New Zealand with the Swyftx trading app.