The network is designed to store massive quantities of data and make it available to users through a time-based revenue model. Social media dapps that pay content creators, interactive play-to-earn games, identity management, polling systems, and microloans are just a few examples of uses.
Users may post original articles on the Hive platform, which are immutably maintained on the Hive blockchain. Hive tokens are awarded to content authors by those who upvote it (HIVE and HBD). The prizes are based on the content's decentralized appraisal by readers and curators throughout a seven-day voting period.
Data, transactions, and records are widely accessible and transparent thanks to a slew of dapps, APIs, and front-ends. This ecosystem's existing diversity and utility ensures that content creators, users, investors, and developers will flock to it.
Each username on the network is made up of alphanumeric characters chosen by the user and has its own specialized wallet with unique security features. This gives each Hive community member complete control over their funds.
Hive is the world's first decentralized, user-controlled, massively scalable delegated proof-of-stake blockchain.
Across the years, Hive has been utilized in hundreds of apps, organizations, and projects all over the world. So, Hive seems real and safe enough to invest in.