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Evaluating whether Hive is a "good" cryptocurrency technology compared to other projects depends on what you’re looking for—speed, cost, decentralization, use cases, or community support. Let’s break it down based on Hive’s features and how it stacks up against some notable competitors.
Hive is a blockchain built for speed and scalability, using a Delegated Proof of Stake (DPoS) consensus mechanism. It processes transactions in about 3 seconds with zero fees, which is a big draw for users and developers. This comes from its design as a layer-1 blockchain with layer-2 sidechains for extra flexibility, originally forked from Steem.