Hive has been exclusively designed for Web 3.0. It is an open source blockchain which was forged in development to bring about Web 3.0 in to the world. There are a diverse community of stake holders. Hive claim that without controlling bad actors that individuals will be able to experience true ownership in a decentralized blockchain and cryptocurrency.
Hive is preferred because the transactions are fast and it takes less than 3 seconds. It is scalable and powerful. It has a future proof resource-bandwidth and storage system. It is powerful because it has been battle tested according to them for nearly 4 years by hundreds of apps, communities and projects from across the world.
Sydney Ifergan, the crypto expert tweeted: “Hive needs no introduction, they are the Good old wine in a new bottle. People already know their stuff whether apps, communities or individuals. They are winners by merits.”
One of the Hive blogs expressed that the blockchain time is fast and that even just a few months of passing away will make one feel like a veteran. There will always be a lot of recap and a lot to cover for. Of late, they have been doing a lot of things to ensure that they are separate from the previous projects.
The launch of the Hive blockchain was announced by the resilient and tenacious community who are continuing with the collaborative development for the future of the social blockchain. The Hive chain and several other projects are already up and running. They have been continuously working to optimize the new system for good. They continue to stand for the shared values of protecting and celebrating the vibrant community, which keeps the Hive ecosystem alive.
It is well known that the Hive is a DPOS governance blockchain which has been created by implementing a hard form of the already existing Steem code. Hive will be forever remembered for the kind of revolution they set in the blockchain industry.
Hive Web 3.0
Hive never forget to reinstate what and why they are in here for.
Hive recently tweeted: “More than ever, the individuals need a place for censorship resistant social interactions and communication. Hive – Where communities have the tools they need to build Web 3.0.”
The Dapp Radar published, Q2 2020 Flash report in which they state that hive blocks daily activity have grown by 211% in Q2 when compared to Q1 which is mostly due to the Spinterlands moving by the Steem Network.
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