Hive for Beginners - Part 1

in #hive5 days ago

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The Hive blockchain network consists of several platforms and content production projects on the Hive blockchain. By creating an account on one of the platforms, we can access our account on all platforms. In other words, with one user ID, we can log in to all Hive blockchain platforms and use them.

In a Hive blockchain platform, the author produces and publishes a piece of content and waits for Hive network users to refer to the content and vote for that content based on their Vote Power. Each vote for the content allocates a certain amount of reward to the content. The voting power of each user on the Hive network is determined based on the user's Hive Power (Hive Power - HP). The user's Hive Power (HP) is actually the amount of Hive$ cryptocurrency locked (staked) in the user's wallet.

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