Table of Contents:
1 What is hive blog ?
2 How to create an account and login to it ?
3 What is HP, HBD and RC?
RC
Hive
HP
HBD
What currency do we get for fasting?
1 What is hive blog ?
It is a decentralized social media that allows you to earn tokens by Upvoting other people.
2 How to create an account and login to it ?
We have different options to create an account, paid or free. Here I will present the two most popular and affordable methods.
Ecency - https://ecency.com/
Click "Signup".
Enter your username and e-mail address. Please note that once a nickname is chosen it cannot be changed.
You will receive a registration confirmation email and then a second email where you will find the keys (passwords) to your account. Remember that your account cannot be recovered! It is best to save the keys in several places.
Peakd - https://peakd.com/
Click "Signup."
Enter your username.
Confirm your username
These are your account keys (passwords). Remember, your account cannot be recovered! It is best to save the keys in several places.
Verify your account by entering your phone number. An SMS will then come to you giving you the code required to complete your registration.
Logging in
To log in, you can paste a long key all the time, but this is very impractical. The best way to log in seems to be Hive Keychain, which is an extension for your browser.
Once you've installed Keychain, there are a few more simple steps to follow.
Come up with a password of some sort.
Press buttom USE KEYS/PWD
Enter your nickname and private key and you are ready to post blogs :D
3 What are HP, HBD and RC ?
RC - Resource credits, This is an anti-spammer protection, Every action performed on the hive costs you RC, which is renewed in percentage over time. This is only an inconvenience for new accounts, as your RC is based on your Hive Power, the more RC you have, the more RC you get. See section 5 of this guide for the initial solution to the Resource credits problem.
Hive - This is the main token of the HIVE blockchain*
HP - Hive Power, this is simply a compressed Hive. The more HP you have, the more influence you have on the site. The amount of Hive power and its rate defines the value of your upvote.
HBD- Hive Backed Dollars, this is another token of the HIVE blockchain, it is more stable in its price and on top of that you can put it in savings so you can earn 10% of your HBD per year. The withdrawal period from savings only lasts 3 days and doesn't take away your earned HBD, so you can say it's such a much better flexible deposit.
Which token you get depends on the Hive rate (if it's high you'll get HBD, and if it's low you'll get Hive or this and that) and the settings. Which you can find here:
You can choose from three payout options.
- 100% Hive Power
- 50% HBD and 50% HP
- Reward.app, where you get the entire payout in liquid form (no HP), in exchange for a small percentage fee.
**
I hope that my tutorial will help you and you will also start writing blogs and get paid for your work, let me know what else you would like to know and if you are going to try your hand at writing blogs, thank you for your attention and I hope to see you in the next post :D