Recently, I have written a draft for a wikipedia article that describes the basic history of the Hive blockchain. It will probably take a while for that to get published and provide the history of the Hive blockchain which is finally using blockchain to its true potential (using blockchains as a fully decentralized blockchain for fully decentralized services that can be controlled by the community and/or still be available even if all the main servers own by an organization are taken down), so I am going to be posted it here on this history blog first to provide this information and have it available incase the wikipedia article I submitted gets rejected:
"Hive is a blockchain launched in February of 2020[1] primarily used for decentralized social networking[2] and decentralized information sharing. It is a hard fork of the Steem network blockchain[3]. In early 2020[4], the blockchain network TRON acquired the Steem social network. After the acquisition, many members of the Steem community expressed fear that TRON CEO Justin Sun would threaten the decentralized nature of the platform[5]. The blockchain is backed by a cryptocurrency token named HIVE[6][7]. It is based around the delegated proof of stake consensus algorithm[8]. The blockchain is used to backup various decentralized services such 3Speak[9] (a decentralized video streaming service) and the Hive blogging service[10]. The Hive blockchain also also has a mechanism for stake-weighted voting that call allow for a supermajority of block producers to change rules of how the blockchain works, a feature carried over from Steem[11]."
I like this explanation of the history of Hive and think it is professional as well as tonally neutral. All the numbers in the article above are a list of references to the Hive blockchain, some of which come from proper news sources and academic papers from professors interested in studying the potential of blockchain technology. It was pretty cool getting these sources and seeing that there are people in academia who are treating blockchains and distributed ledger as a serious emerging technology instead of simply seeing it as a gimmick. Anyway, here are the sources below:
[ "Crypto Social Platforms on the Rise: 3 Solutions to Try Right Now". Cryptonews. Cryptonews. Retrieved 4 December 2021.
Balietti, Stefano (2021). "Real News: How Blockchain could Revolutionize Social Media" (PDF). stefanobalietti.com. Google Scholar. Retrieved 4 December 2021.
Avan-Nomayo, Osato. "Hive Blockchain Goes Live After Successful Steem Network Hard Fork". BTCManager. BTCManager. Retrieved 4 December 2021.
Stevens, Robert. "Steemit transitions to Tron as Block.one's Voice launches in beta". Decrypt. Decrypt. Retrieved 4 December 2021.
Frost, Liam. "Hive forked Steemit, but the war for the social network continues". Decrypt.co. Decrypt. Retrieved 4 December 2021.
"Hive". CoinMarketCap. CoinMarketCap. Retrieved 4 December 2021.
Willing, Nicole. "HIVE coin price prediction: Is it a buy at all-time highs?". capital.com. capital.com. Retrieved 4 December 2021.
"Hive: Fast. Scalable. Powerful. The Blockchain for Web 3.0" (PDF). hive.io. Hive. Retrieved 4 December 2021.
"Video Infrastructure Provider, 3Speak, to Launch the First IPFS Backed Standard for Web 3.0". CISION PRWeb. PRWeb. Retrieved 4 December 2021.
Guidi, Barbara; Michienzi, Andrea; Ricci, Laura (April 2021). "A Graph-Based Socioeconomic Analysis of Steemit". IEEE Transactions on Computational Social Systems. 8 (2): 365–376. doi:10.1109/TCSS.2020.3042745. ISSN 2329-924X. Retrieved December 5, 2021.
Seungwon, Jeong (2020). "Centralized Decentralization: Does Voting Matter? Simple Economics of the DPoS Blockchain Governance". SSRN. University of Bristol, University of Bristol. Retrieved 4 December 2021.]
Originally posted on Long Story Short History. Hive blog powered by ENGRAVE.