MXC Exchange - HIVE AMA

Hi everyone, have you catch up the AMA on telegram MXCEnglish last? The guest was Dan Hensley (@theycallmedan) Investor, Co-founder of 3Speak.online and it start 10 PM UTC(+8). Molly MXC was the host and her registered account name here on hive was @mxcfans and the conversation goes like this:

Molly MXC (PM You is SCAMMER):

MXC AMA - Hive
1⃣ MXC English
⏰ 22:00(UTC+8), May 2
There will be three segments. Last approximately for 1 hour.
🔺Segment 1: Project Introduction
🔺Segment 2: Questions
🔺Segment 3: Free-asking
🎁
🔸Segment 2: 5 questions
🔸Segment 3: MXC fans ask questions in the community, one member can only ask one question. Repeat questions will not be eligible. 3 best questions picked by the guest to be rewarded 10$ equivalent tokens each.
✨Official website
https://hive.io/
Hive community
https://t.me/hiveblockchain
Note:
Only KYC users can claim the rewards, please make sure KYC verified before the event ends.
Plz read the guideline before AMA, thank you ❤️
Good evening all fans here. Today the AMA topic is about Hive. We are glad to have the representative of Hive community, Dan Hensley, to be here.
Dan is also the Investor, Co-founder of 3speak.online (A video platform built on Hive).
Hi Dan, welcome here. Please have a short self-introduction first. Thank you. @TheycallmeDan_cash 💕

TheycallmeDan (3Speak.online):

Hi! Thanks for having me!
My name is Dan Hensley, I'm a large Hive investor, Co-founder of 3speak.online (YouTube Alternative built on HIVE), and a big believer of Web 3 and the decentralized movement.
In short, Hive is a decentralized, highly scalable blockchain that empowers Web 3 dapps.

Molly MXC (PM You is SCAMMER):

Plz let me know if you done ❤️

TheycallmeDan (3Speak.online):

Done :)

Molly MXC (PM You is SCAMMER):

Thank you, before the AMA question starts, could you plz tell us what's Hive?

TheycallmeDan (3Speak.online):

Sure!
Hive is a community-initiated fork of the four-year-old Steem blockchain. Hive puts responsibility for future development back into the community, and already development is a hive of activity. The vision behind it is to continue the strong community values that have been established while also freeing the ecosystem from the burden of Steemit Inc’s influence.
@MollyMXC

Molly MXC (PM You is SCAMMER):

Cool! 👍
Let's move to the question session!
The 1st question:
When and why was HIVE created?
@TheycallmeDan_cash

TheycallmeDan (3Speak.online)

Sure!

TheycallmeDan (3Speak.online):

Hive is a community-initiated fork of the Steem social media blockchain. The community forked on 20 March 2020 to preserve the original vision of censorship-resistance and decentralization. Hive puts responsibility for future development back into the community, and already development is a hive of activity. @MollyMXC

Molly MXC (PM You is SCAMMER):

Thanks, as we know Hive is a project totally based on community, awesome!

TheycallmeDan (3Speak.online):

👊

Molly MXC (PM You is SCAMMER):

The 2nd question
What is the purpose of HIVE?

TheycallmeDan (3Speak.online):

Glad to answer this!

Molly MXC (PM You is SCAMMER):

and can you share with us what's it application scenarios

TheycallmeDan (3Speak.online):

The goal of Hive is to flourish as a decentralized ecosystem that can support and provide an outlet for the voices and needs of a global userbase and audience. With Hive's ease of use and low barrier to onboarding, it makes Hive an ideal choice for buidling Web 3 sites. HBD (HIVE Backed Dollar) is a token that is meant to be worth about $1 by promising to pay one-dollar worth of HIVE when it is redeemed. HBD can act as a stable currency for many businesses to leverage when selling goods and services on Hive. Although Hive initially launched as a social media blockchain, and continues to strive to do so, more and more external (d)apps use the network. Not only to connect to the Hive content reward mechanism but also to utilize the fast, feeless transfers and immutable account & community creation.
With its flexible and easy to use, recognizable RESTful APIs it is a breeze to implement a Hive integration to any app, whether it is a utility, gaming, or in the social sphere. With the continued development on Smart Media Tokens, the Hive chain will cater to those other (d)app projects willing to launch a token-based reward system, which runs on the Hive network. As a result, Hive has a wide range of utility and organic growth. It also has the increased security that comes from a truly open source and public blockchain, where all stakeholders have a say in its direction. Its sports resilience by design from the exit scams and other similar issues affecting the Altcoin community. @MollyMXC

Molly MXC (PM You is SCAMMER):

Great! plz give us one min to read this

TheycallmeDan (3Speak.online):

Take your time. :)

Molly MXC (PM You is SCAMMER):

Thank you:blush:
The 3rd, what features does HIVE have? @TheycallmeDan_cash

TheycallmeDan (3Speak.online):

Hive is decentralized, feeless, has 3-second block times and your social username is your wallet address. Hive offers agile governance for more efficient upgrades via a battle-hardened Delegated proof of stake governance model combined with extremely high TPS (transactions per second). Hive also has easy JSON based APIs and layer one operations for dApps and social media: including posting, commenting, and voting. Hive offers a "plug and play" Web 3 experience.
There is also a substantial decentralized hive fund which allows for the continuous growth of the development of the chain and the dapps building on the blockchain. @MollyMXC

Molly MXC (PM You is SCAMMER):

sounds great👍
The 4th question, does HIVE have an official marketing team or CEO?

TheycallmeDan (3Speak.online):

No. Hive is a decentralized, community-driven blockchain that works without a singular Centralized Executive Officer. No one centralized organization will be representing Hive but instead grassroots groups of dedicated users have and will form to take on those key marketing and representation roles. Hive does not rely on one entity to keep it going, it is a global project. It is designed to remain viable in the long term as it may be carried on by any member or group within the community.
Additionally, with Hive as the platform, our dapp builders, content creators and communities promote Hive when they promote themselves. Hive is a diverse community with the talent pool to accomplish anything.
In a ecosystem where anyone can build anything and the blockchain is the skeleton that allows businesses, projects, services, and dapps to flesh out their ideas, marketing Hive goes hand in hand with marketing the ventures.
@MollyMXC

Molly MXC (PM You is SCAMMER):

so quickk 😄
Only 1 question left
Ask for our community, how do I create a HIVE account? :)

TheycallmeDan (3Speak.online):

😁
Great question!

Molly MXC (PM You is SCAMMER):

Guys, we will move to free asking session after the final question, get your question ready! 🌝
TheycallmeDan (3Speak.online)
Great question!
yes!

TheycallmeDan (3Speak.online):

Everything in the Hive ecosystem is decentralized, even account creation. Multiple account creation services are in existence and can be found at https://signup.hive.io -- they are diverse and offer free and paid services. Your Hive wallet is your account name; it is not a numbered wallet as on other blockchains. Your username is your wallet address, your blog handle, and your identity in the Hive ecosystem. Joining vibrant communities, playing games, publishing content, participating in governance, investing and trading, or just simply posting about your day are all activities you can enjoy upon creating your Hive account. Since Hive is decentralized, you are the only owner of your keys, Hive accounts come with personal responsibility so make sure you back up your account keys (just like you would do with a bitcoin wallet!) @MollyMXC

Molly MXC (PM You is SCAMMER):

cool
give me one sec get the steps 🙈

TheycallmeDan (3Speak.online):

sure!

Molly MXC (PM You is SCAMMER):

open https://signup.hive.io
2.choose a free/paid entrance
3.set username and create the account
Am I right?

TheycallmeDan (3Speak.online)

Correct!

Molly MXC (PM You is SCAMMER)

I have created one with free entrance!

TheycallmeDan (3Speak.online)

And backup your keys once the account is created.
woot!

Molly MXC (PM You is SCAMMER)

Just need to verify my email

TheycallmeDan (3Speak.online):

💪💪

TheycallmeDan (3Speak.online):

And backup your keys once the account is created.

Molly MXC (PM You is SCAMMER):

there will be a pdf doc with key included
I saved that

TheycallmeDan (3Speak.online):

Yes, keep it safu! ;)

Molly MXC (PM You is SCAMMER):

Sure! I will!
Can I ask one more question?

TheycallmeDan (3Speak.online):

sure!

Molly MXC (PM You is SCAMMER):

can I withdraw the 47$😂

TheycallmeDan (3Speak.online):

hehe

Molly MXC (PM You is SCAMMER)

It's easy to make money on hive, I am a little about the founds here, what's it for

TheycallmeDan (3Speak.online)

After 7 days you will get half of that reward. Hive has
"proof of brain" and 7 days is a period where people can upvote and downvote. So the crypto is not in your pocket until the 7 days is over.

Molly MXC (PM You is SCAMMER)

wow, cool
interesting

TheycallmeDan (3Speak.online)

The other half goes to the curators of your post. So you can get paid to create content but also to upvote content if you have HIVE powered up. The more HIVE you have powered up the bigger vote you can give!
All of this is peer 2 peer no middleperson involved.
After the payout period the author portion can be withdrawn but you can stake it and earn off it as well.

Molly MXC (PM You is SCAMMER):

That's brilliant! Thank you 😊

TheycallmeDan (3Speak.online)

Cheers. :)

That's all guys thanks for reading! 😃