Understanding Hive

## About Hive

The Hive blockchain and ecosystem is a digital platform that allows people to share information and exchange value without the need for intermediaries like banks or social media companies. It works as a digital ledger that keeps track of transactions and information in a secure and decentralized way. To get started with Hive, you must create a wallet, which is like a digital piggy bank that you can use to store and send Hive tokens. You can then use your wallet to interact with different Hive-based applications and services, like games (Golem Overlord), social media platforms, and marketplaces.

It's important to remember to keep your wallet safe and secure your keys by using strong passwords and other security measures.

## Resources

### Hive Keychain

Hive Keychain provides you with secure and seamless access to Hive powered websites, dApps, and services. Available for both desktop browsers and mobile devices. It’s time to join Web 3.0.

### Hive Account Creation

Use Hive Onboard to create a new HIVE account.

It is also possible to get a free Hive account by signing up with Ecency.

## More About Hive

The Hive blockchain is a fast, feeless, scalable solution for a decentralized web built and owned by the community with no company, CEO, founder or presale. Investors, developers, projects and end users meet in a robust, engaged community where the $HIVE token allows near instantaneous transaction of value and wallet addresses are usernames that unlock an entire ecosystem of services and apps. Built with social value and distribution in mind, Hive is a battle tested network that has risen and thrived by tackling the most pressing problems in web3.

For the investor, $HIVE is a cryptocurrency unfettered by long wait times or hefty fees- move value quickly without eating into your funds. Three second block times on a network producing some of the highest daily transaction numbers with minimum resource utilization meet easy to remember customizable wallet addresses, the ability to include end-to-end encrypted memos with transfers, and multiple options (tiered keys and staking) for holding and accessing funds safely from anywhere. A stable, backed companion token called $HBD allows users to hold for passive, non-custodial interest earning, is being adopted by stores and services globally, and allows for fast financial transactions without consideration for the frequent price fluctuations of the crypto markets.

Hive users and investors can be as hands on or off as they want to be. The keys to a Hive account allow you to:

* send and receive $HIVE tokens and info globally in seconds, for free

* own and verify your identity, data, community and social connections without fear of deplatforming across any interface in the ecosystem

* post and comment on a censorship resistant, immutable blockchain from a username that can also directly send or receive funds

* play games (like this one!) with traceable asset ownership and no gas fees or confirmation waits

* participate in Hive governance and development funding, allocation of a shared token distribution pool,

* And so much more (seriously. So much more, it's nuts).

The blockchain also has growing, customizable second layer solutions, with a diverse array of dApps, multiple marketplaces for NFTs and contracts, and developing infrastructure for true p2p DEX and DeFi solutions.

Investors can use $HIVE as a token without needing to participate in anything more than what interests them, or they can dive in headfirst to take advantage of all that the network has to offer. Hive moves value, stores information, powers projects, and is the perfect fit for a future where huge centralized companies take away the ability to speak, the ability to monetize, and control all avenues for social and financial freedom.