What is Hive (HIVE)? How to buy HIVE

What is Hive?

Hive is a fast, scalable and zero-fee blockchain platform for Web3, based on the Delegated-Proof-of-Stake (DPoS) consensus algorithm.

Hive was forked off the Steem blockchain after the Tron Foundation acquired and gained control of the Steem company’s funds, which account for 80% of the total STEEM supply. This fork reduces the risk of centralization that the buyback brings, as STEEM addresses supporting Tron have been blacklisted and can not receive HIVE token airdrop.

Hive’s main products

Hive Ecosystem Hive has developed a strong ecosystem of over 126 apps, communities and projects, including some of the most used Web3 apps in the world such as Splinterlands, PeakD and HiveBlog.

Wallet The wallet helps to securely store digital assets and interact with Web3 applications. Hive has many community-owned and open-source wallets available for Windows, macOS, Linux, iOS, Android and Web.

DHF The development of Hive and its ecosystem is operated by network participants. The Decentralized Hive Fund (DHF) allows users to create, vote, and fund network proposals.

Token HIVE

The Hive platform has 2 tokens: Hive (HIVE) and Hive-backed dollars (HBD).

• HIVE is used to unlock the various functionalities of the platform.
• HBD is mainly used as a method to get rewards.

HIVE Token Specifications

• Ticker: HIVE
• Blockchain: Ethereum
• Token standard: ERC-20
• Total supply: 395,098,267
• Circulating supply: 395,098,266.52 HIVE

HIVE token Price today

How to buy HIVE

Hive (HIVE) has been listed on Attlas Exchange.

Traders can easily and securely buy HIVE with lowest fees on Attlas Exchange.

Step 1: Download the app and register an account

Step 2: Select Market on the toolbar at the main screen

Step 3: Select Spot

Step 4: Find HIVE

Step 5: Select Buy

Summary

This article is an overview of Hive (HIVE), not a financial advice.

Users are advised to do their own research before making any trading decisions.