Looking for some clue

in LeoFinance4 years ago

Hey there everybody. I'm quite new to this whole crypto wallets and Hive thing. I see that there are many tokens you can earn, but it's all so big I can't wrap my head around it. Is there a link to a community post that explains the position of Hive-Engine tokens a bit more in the whole of the Hive community? Or can somebody explain me more about this?

Foto door form PxHere

Questions I'm asking myself are:

  1. I see these tokens have some value, but what are they actually used for since they are all based on the Hive blockchain?
  2. Is there a way to regenerate RC faster? I think it's quite slow.
  3. Is there some kind of guide (text, video, podcast) I can go to to learn a bit more about the Hive Blockchain?

Thank you so much for your help. I know it might seem stupid, but at least I'm not to proud to ask.

Posted Using LeoFinance Beta

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Hello, welcome, I risk answering your questions according to my experience in this social network which is just 4 months.

1- Hive Blog is a social network where the community makes payments based on the monetization of content, which are paid with the main cryptocurrency called HIVE. At the same time, within the ecosystem there are a group of projects with their own tokens, such as the case of Leofinance (LEO), all dedicated to attract more members to Hive to participate with their work in this social network. By publishing on Leofianace and using the hashtag #leofinance or #leo the author can opt to receive payments with both the crypto and the token, so you receive a double reward for the same article.

2- Receiving delegations from other members can regenerate much faster.

3- Leopedia can get you out of many doubts.

Posted Using LeoFinance Beta

@nirvana3003 thank you very much for the effort of answering my question. I will most definitely go to Leopedia to get some reading done. Have a nice day.

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