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RE: HIVE USER GUIDE: Learn How To Join, Post Blogs, Upload Videos, Make Friends & Get Paid To Co-Create The Uncensored Hive Community!

in #hive3 years ago

my 0.002

1.2

Hive actually has TWO types of tokens

When you talk about HIVE and HBD you should refer to them as coins, instead of tokens.
Also please pay attention to upper / lower case in naming:
Hive - blockchain
HIVE - coin
Hive Power

1.2.3
I would try to explain here that post is going to get upvotes and downvotes as a way of community consensus regarding it's perceived value. After all rewards are comming from rewards pool which is OURs so we are responsible for its use.

1.2.4
SBD HBD

2.1.1
Master key Owner Key
There's a lot of confusion related to Master Password and set of keys (Owner, Active, Posting)
Master Password as such doesn't exist for blockchain, it's just a seed for account keys that is used by some Hive interfaces / wallets to make things easier (sic!).

3.7
Hive as a blockchain IS censorship resisntant, censorship can happen at the frontend level or at API level. applied by operators given their jurisdiction etc.
Downvotes (as mentioned earlier) are important tool to reach consensus within community about rewards assigned to content, not just policing.
(i.e. disagreement on rewards)

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Hey, gtg!

Just want to know the difference between coin and token cryptocurrency?

Coins have their own, native blockchain. HIVE and HBD has Hive.
Tokens are created on existing blockchain: see Hive-Engine tokens.

Another example:
ETH is a coin native to Ethereum blockchain but there are also ERC-20 tokens that run on Ethereum blockchain, such as USDT or DAI.

Ohhh I see. I totally forgot that's why they called "hive engine tokens! " Thanks! Appreciate your time 🤗❤️

Great, thanks for your thoughts. I've updated the guide to take them into consideration. I added a section titled Censorship to tackle that aspect and made the other changes you recommended. :)

Thank you so much for writing this! This is helpful to be be understand more about the Hive Blockchain!