Hive
HIVE
Crypto
Decentralised Networks
USD 0.24+5.96%
Hive
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2020
Year of creation
Description
Hive (HIVE) is a Decentralised Networks crypto coin. Hive`s origin block was generated on 2020-03-20. More information can be found at https://hive.io/.
Key Technical Advantages:
Delegated Proof of Stake (DPoS) Protocol: Hive is built on the Delegated Proof of Stake (DPoS) protocol. This consensus mechanism is known for its efficiency and speed, as well as its democratic approach, where stakeholders elect delegates to validate transactions and secure the network. Fee-less Model with Resource Credits (RC): Instead of transaction fees, Hive uses a novel stake-based Resource Credit mechanism, creating a fee-less model. Each account on Hive holds a certain amount of these credits relative to its stake, which are consumed when transactions are executed. These credits are replenished over time, creating a sustainable system for transaction validation. Proof-of-Brain (PoB) Concept: Hive uses the Proof-of-Brain concept to distribute rewards to content creators and consumers. This method encourages active participation in the ecosystem, including blogging, participating in discussions, building and engaging with dapps, and more. Dual Cryptocurrency Assets: Hive operates with two classes of cryptocurrency assets named HIVE and Hive Backed Dollars (HBD). HIVE exists in both a liquid form (simply called HIVE) and a staked form (called Hive Power). Hive Backed Dollars are intended to be pegged to the US Dollar (USD) at a one to one rate. Delegation: Hive allows for the temporary delegation of Hive Power (HP) to other accounts. This feature enables users to lend their staked HIVE to others, which increases the recipient's Resource Credits but doesn't change their governance-level stake. The retraction of an existing delegation takes five days to return to the original wallet. Content summarized by AI chatbotSource:
https://hive.io/whitepaper.pdfKey figures
-32.0%1Y
-83.2%3Y
-30.1%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
13.09.2022
USD 2.87
All Time High
8.52%
% of All Time High
-94.68%All Time
-70.56%1 year
Max drawdown
#403
Ranking by Market Cap
121.61 M
Market cap (USD)
0.00%
% of Market
900.444 B
Category Market Cap (USD)
0.01%
% of Category
500749242
Circulating Supply
500749242
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
7509339
Volume Traded
8.95%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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