Adoption tells part of the story. Hiveās ecosystem has hundreds of dApps and a loyal user base, but itās nicheāfocused on content creators and gamersāwhile Ethereum and Solana attract broader enterprise and financial use. Hiveās decentralization is a selling point; no single entity can hijack it, unlike Steemās fate with Justin Sun. Yet, DPoS isnāt perfectāvoting power skews toward big stakeholders, though less so than PoW mining pools or Solanaās hardware gatekeepers.
So, is Hive "good"? If you value free, fast transactions and a decentralized community for social or gaming dApps, itās excellentāfew match its efficiency there. But if you need robust smart contracts, massive scalability, or mainstream traction, Ethereum, Solana, or Cardano might edge it out. Itās not about one being universally better; itās about fit. Hiveās a lean, purpose-built machineāgreat at what it does, but it doesnāt try to do everything. Whatās your priorityāspeed, cost, or versatility?
everything i read today about what grok said about HIVE is just regurgitated shit everybody knows and completely leaving out what inleo is building ā¦
Evaluating whether Hive is a "good" cryptocurrency technology compared to other projects depends on what youāre looking forāspeed, cost, decentralization, use cases, or community support. Letās break it down based on Hiveās 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.
Steem in 2020 to prioritize decentralization after a governance dispute. Its ecosystem supports decentralized apps (dApps) like PeakD and Splinterlands, focusing on social media, gaming, and content creation. Hive uses two tokens: HIVE (governance, staking) and HBD (a USD-pegged stablecoin). The community runs the showāno central entity controls it, and 20 elected "witnesses" validate blocks.
Compare that to Ethereum, the giant in the room. Ethereumās strength is its massive developer base and smart contract flexibility, hosting thousands of dApps. But itās slower (15-30 seconds per transaction) and has high gas fees on its layer-1, though layer-2 solutions like Arbitrum help. Itās moving to Proof of Stake (PoS), but itās less decentralized than Hive in practice due to large staking pools and validator costs. Ethereumās tech is battle-tested, but itās not built for fee-free, instant transactions like Hive.
Then thereās Solana, another high-speed contender.
Solana claims up to 65,000 transactions per second (TPS) using Proof of History (PoH) alongside PoS, dwarfing Hiveās estimated 10,000 TPS ceiling. Itās fastāsub-second finalityāand supports dApps like Serum, but it charges small fees (around $0.00025 per transaction) and has faced outages, raising questions about reliability. Solanaās centralization is also debated; its validator requirements (high-end hardware) limit who can participate compared to Hiveās lighter DPoS setup.
Cardano offers a different angle. Itās research-driven, using Ouroboros PoS for security and scalability. Itās slower than Hive (about 7-10 seconds per transaction) and has modest fees, but itās designed for long-term sustainability and formal verification of smart contractsāsomething Hive doesnāt emphasize. Cardanoās ecosystem is growing (e.g., SundaeSwap), but itās not as focused on zero-fee, instant-use cases like Hive.
Hive shines in specific niches. Its no-fee model and speed make it ideal for microtransactions, social platforms, and gamesāSplinterlands is one of the most-used blockchain games globally. The HBD stablecoin, backed by HIVE tokens (convertible at market rates), avoids reliance on smart contracts that can be tweaked by admins, unlike some stablecoins on Ethereum (e.g., DAI). But Hiveās trade-offs are clear: its market cap ($100M) and developer community are tiny compared to Ethereum ($400B) or Solana (~$80B). Itās less versatile for complex DeFi or NFT projects that dominate bigger chains.
6/ š§µ
Adoption tells part of the story. Hiveās ecosystem has hundreds of dApps and a loyal user base, but itās nicheāfocused on content creators and gamersāwhile Ethereum and Solana attract broader enterprise and financial use. Hiveās decentralization is a selling point; no single entity can hijack it, unlike Steemās fate with Justin Sun. Yet, DPoS isnāt perfectāvoting power skews toward big stakeholders, though less so than PoW mining pools or Solanaās hardware gatekeepers.
So, is Hive "good"? If you value free, fast transactions and a decentralized community for social or gaming dApps, itās excellentāfew match its efficiency there. But if you need robust smart contracts, massive scalability, or mainstream traction, Ethereum, Solana, or Cardano might edge it out. Itās not about one being universally better; itās about fit. Hiveās a lean, purpose-built machineāgreat at what it does, but it doesnāt try to do everything. Whatās your priorityāspeed, cost, or versatility?
š¤šš¤š¤š¤š¤š¤š
Grok knows what it talks about ;)
šIf you value free, fast transactions and a decentralized community for social or gaming dApps, itās excellentāfew match its efficiency there
everything i read today about what grok said about HIVE is just regurgitated shit everybody knows and completely leaving out what inleo is building ā¦
I have asked Grok about Inleo and it's seems to me that it knows a lot about the project
š¤ but it seems to not be able to connect the dots and paint a bigger picture by incorporating inleo in its output about hive ā¦
Well guess its up to use to teach it š
i m curious
2/ š§µ
Evaluating whether Hive is a "good" cryptocurrency technology compared to other projects depends on what youāre looking forāspeed, cost, decentralization, use cases, or community support. Letās break it down based on Hiveās 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.
3/ š§µ
Steem in 2020 to prioritize decentralization after a governance dispute. Its ecosystem supports decentralized apps (dApps) like PeakD and Splinterlands, focusing on social media, gaming, and content creation. Hive uses two tokens: HIVE (governance, staking) and HBD (a USD-pegged stablecoin). The community runs the showāno central entity controls it, and 20 elected "witnesses" validate blocks.
Compare that to Ethereum, the giant in the room. Ethereumās strength is its massive developer base and smart contract flexibility, hosting thousands of dApps. But itās slower (15-30 seconds per transaction) and has high gas fees on its layer-1, though layer-2 solutions like Arbitrum help. Itās moving to Proof of Stake (PoS), but itās less decentralized than Hive in practice due to large staking pools and validator costs. Ethereumās tech is battle-tested, but itās not built for fee-free, instant transactions like Hive.
Then thereās Solana, another high-speed contender.
4/ š§µ
Solana claims up to 65,000 transactions per second (TPS) using Proof of History (PoH) alongside PoS, dwarfing Hiveās estimated 10,000 TPS ceiling. Itās fastāsub-second finalityāand supports dApps like Serum, but it charges small fees (around $0.00025 per transaction) and has faced outages, raising questions about reliability. Solanaās centralization is also debated; its validator requirements (high-end hardware) limit who can participate compared to Hiveās lighter DPoS setup.
Cardano offers a different angle. Itās research-driven, using Ouroboros PoS for security and scalability. Itās slower than Hive (about 7-10 seconds per transaction) and has modest fees, but itās designed for long-term sustainability and formal verification of smart contractsāsomething Hive doesnāt emphasize. Cardanoās ecosystem is growing (e.g., SundaeSwap), but itās not as focused on zero-fee, instant-use cases like Hive.
5/ š§µ
Hive shines in specific niches. Its no-fee model and speed make it ideal for microtransactions, social platforms, and gamesāSplinterlands is one of the most-used blockchain games globally. The HBD stablecoin, backed by HIVE tokens (convertible at market rates), avoids reliance on smart contracts that can be tweaked by admins, unlike some stablecoins on Ethereum (e.g., DAI). But Hiveās trade-offs are clear: its market cap ($100M) and developer community are tiny compared to Ethereum ($400B) or Solana (~$80B). Itās less versatile for complex DeFi or NFT projects that dominate bigger chains.