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Why Hive Blockchain Is The Best In The Business?

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4 years ago

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Dear #Terra Community, 1/ This is an open invitation to you. Are you looking for a new home to build? Allow me to me tell you why #HIVE /@hiveblocks is an alpha BC for you alphas to get going once again. Investors, Developers, Content Creators & Gamers, all are welcome :)
2/ Before I dig in deeper, please note that Hive is a DPoS Blockahin that has 3 major USPs: - Fast: 3second transaction time - Feeless: Yes, ZERO fees - Social Media: Built-in @Splinterlands, the #1 blockchain game in the world powered by #Hive. FACTS!!!!
3/ Half a million active users every month are doing millions of transactions every week. And it's not the only DApp we have. Check out the list of Hive DApps on @DappRadar: dappradar.com/rankings/protocol/hive & hivedapps.com/
4/ In this thread, I will cover the following points: - Why Hive Is Perfect For Developers, Investors, and Creators? - Tokenized Communities - Intro To Hive DApps - Why $HBD (Hive Backed Dollar) Is A Better Stablecoin Than $UST? - How To Get Started With Hive Let's start!
5/ HIVE was created after forking out from STEEM in 2020 after @justinsuntron did a hostile takeover. The majority of the STEEM community found their new home on Hive. So we understand what you guys are going through right now. Read about the takeover: hackernoon.com/inside-trons-steem-takeover-attempt-and-the-birth-of-the-hive-blockchain-ya1g63249
6/ HIVE is fully owned and run by the community. We have no CEO, no registered office or a single point of failure like you had in the form of Do & LFG. Checkout the Hive History Map:
7/ If you are a DEVELOPER, creating a hook for your product is important. With Hive, you can provide a great UX that would make them come back again & again. Launch your DAPP with minimum investments & get exposure to thousands of active users of #Hive Community.
Checkout Hive Developer Portal To Know More: developers.hive.io/
In case you need funding, you can make a proposal for a project if you have an amazing idea to get seed money from DHF. Decentralized Hive Fund is a built-in DAO to support the development of the ecosystem. Check out the ongoing proposals: peakd.com/me/proposals
There is also a tokenized community - HiveDevs where you can publish content to earn crypto & interact with other talented developers in the ecosystem. We have some of the brilliant minds in the space having tons of experience across various domains. peakd.com/c/hive-139531/trending
8/ If you are an INVESTOR, Hive has a plethora of opportunities to grow your wealth. It doesn't matter how much money you have, anyone can start with near-zero investment. - Post To Earn - Play To Earn - Move To Earn - Tokenized Communities - DeFi - NFTs NOTE: ZERO TXN FEE!
PROOF OF BRAIN You can also stake HIVE as HIVE Power (HP) to take part in governance and get a share of the rewards pool whenever you upvote someone's content published on Hive BC. These are called curation rewards. HP increases automatically with 3% APR currently.
$HBD SAVINGS $HBD is giving out 20% APR for staking it onchain wallet and it is not dynamic like it was with $UST on @anchor_protocol.
9/ If you are a CONTENT CREATOR then you must know that Hive has social media elements built-in that provide the following luxuries: - Content Monetization From Day 1 - Censorship Resistance - Content Ownership
Hive allows users to monetize their content and activity on the blockchain. You can basically post to earn. And earn not only $HIVE but many tokens built on Hive BC. Users can distribute upvotes i.e tokens based on their Hive Stake. The power of Decentralized Social Media!
10/ Tokenized Communities is a feature that no other BC has provided yet. - Social & Economic Incentives - Freedom - Easy Creation & Management - Wallet/Exchanges To Support Economy An entirely new & permissionless way to monetize content and activity!
11/ Intro To Hive Dapps Social Media: @PeakDcom - Blogging @ecency_official - Blogging hive(.)blog - Blogging @LiketuOfficial - Photosharing @3speakonline - Videosharing @dbuzzAPP - Microblogging @inji_com - Crypto,DeFi, NFT Blogging @FinanceLeo - Finance, Crypto Blogging
@SportsTalkHive - Sports Blogging @realSTEMsocial - STEM Blogging Move To Earn: @Actifit_fitness - Earn Crypto For Physical Activity
P2E Games: @splinterlands - Trading Card, PvP Battle @rabona_io - Soccer Manager Dcity(.)io - City Simulation Rising Star (@AtomCollector) - Music @ExodeGame - Space Exploration @psyberxofficial - FPS TPS @d_crops - Farming
NFT: @NftShowroom - Marketplace @NFTMart - Marketplace @hivepunks - NFT Collection hive(.)blog/@hivefolks - NFT Collection This is just a tiny list. There are many more apps. The ecosystem is growing every day! hivedapps.com/
12/ Let's talk about why $HBD is a better stablecoin than $UST. HBD (precursor $SBD) is Battle-tested and outlasted for more than 6 years. It is truly decentralized and has several use cases. It has the following defenses in place to avoid infinite death spirals:
- Haircut Rule: Debt limit controls the HBD supply preventing Hive Inflation - 3.5 days conversion delay preventing price oracle risks - Incentivized internal DEX providing instant liquidity Info Credits: @Dalz19631657
Detailed Explanation on $HBD Defenses: leofinance.io/@taskmaster4450/hbd-defenses-how-hbd-is-different-from-ust It has survived more than 5 crypto cycles which goes to say a lot about it.
13/ If you are convinced why #HIVE is a perfect place for you, it's time for you to get started. To do anything, you need to create a Hive account username which is also your wallet address. Yes, we have human-readable addresses, unlike other chains. Checkout these links:
Signup On Hive: signup.hive.io/ Official Website: hive.io/ Official Twitter: @hiveblocks Official Whitepaper: hive.io/whitepaper.pdf Hive Beginner's Guide 1: jryze.me/hive/ BG 2: leofinance.io/@crypto-guides/what-is-hive-crypto-hive Video Guide: youtu.be/1ytaXd28gms
We welcome all talented #LUNATics to #HIVE with open arms. 1 thread isn't enough to explain what great things we are building here. Join us to find out.
If you want help in getting started, please DM me here or any of the Hive Community members you find in the comment section. I am not a dev or a technical person. Just a crypto (& #HIVE) fanboy doing my thing to help people! #WAGMI [fin.]
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FING

@finguru6

Follow me for insights on Web3, AI & Creator Economy. My Blog: leofinance.io/@finguru