What is Hive? Hive developments Update

in GEMS4 years ago

Hive

The copy of Steem Blockchain


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Hive is an open-source blockchain, forged in years of development to bring Web 3.0 to the world. With a diverse community of stakeholders and without controlling bad actors, individuals can experience true ownership in a decentralized blockchain & cryptocurrency.

These past weeks have been extremely important for decentralization and for proving that we as a community are strong and are what make up the real value of the blockchain. How many of our beloved friends on the Steem blockchain will decide to stay on centralized/decentralized Steem and how many of our friends moved on the Hive blockchain and some of the users are staying on both steem blockchain and on Hive blockchain as well.

What is a centralized System

Centralized organizational structures rely on one individual to make decisions and provide direction.

One man leads the whole army.

What is a Decentralized System?

Decentralized organizations rely on a team environment at different levels

Decentralization is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group. A decentralized system is one that requires multiple parties to make their own independent decisions" In such a decentralized system, there is no single centralized authority that makes decisions on behalf of all the parties.

Hive a Decentralized Blockchain.

Hive is an open-source social media blockchain that is forked from the Steem codebase. The origin of the Hive Blockchain came about due to certain key events in the Steem Blockchain that resulted in a number of community members to deciding to fork off the original Steem Blockchain. Hive is a copy of the Steem Blockchain at launch. All STEEM stakeholders will receive a perfectly mirrored balance of their current STEEM holdings in the new HIVE coin. This will include matching amounts of current liquid STEEM, Steem Power, and SBD. All other account state data, such as claimed accounts, delegations, etc. will be mirrored onto Hive. If a user has 10 steem, 5 SBD, 20 SP. He will receive 10 Hive, 5 HBD, 20 HP.

Exchanges that supports Hive :

These are the exchanges that will support Hive currently.

  • Upbit
  • Ionomy
  • Probit
  • Bittrex
  • Bithumb
  • Huobi Global

Hive is being traded on the Upbit and Bittrex currently and the Price of the Hive is $0.19.

HIVE BLOCK EXPLORER

Thanks to @penguinpablo he migrating SteemBlockExplorer.com to HiveBlockExplorer.com and it's working completely fine. you can check HIVE BLOCK EXPLORER here

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Hiveblocks

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Top 20 witnesses

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Hive Wallets

Hive wallets are available for Windows, macOS, Linux, iOS, Android & Web.

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