Hello friends..
When every I tried to onboard my friend/relatives on Hive blockchain the first question they ask is What is Hive? is this a legit site? How it work? How we can earn? How much time we have to spend? How to start? etc
So to clear their doubts I decided to prepare post and will try to complete topics as much as possible.
Hive
The very first question is what is Hive?
In simple words it s a crypto currency similar to the Bitcoin.
Blockchain technology is a combination of an algorithm that performs calculations and a distributed database that stores those calculations in what is known as blockchain.
The Hive is similar to your social media account where you share your thoughts, your photos and posts, but the difference is that you can earn the Hive currency when other people likes your posts.
The Hive blockchain is works on Delegated Proof of Stake (DPoS).
Is this legit
Yes it is, I am the part of Hive Blockchain from more then 3 years. Slowly and steadily I build my Hive Power.
How we can earn
As I already mentioned working on Hive is similar to your social media account. You share the post on Hive, people read your post and if they hit the like button that means they are rewarding you with Hives.
The Hive blockchain is works on Proof-of-Brain (PoB - distributing a portion of the inflation to content creators and consumers).
please note the earning are depends on the quality of the post and the weightage of the upvote or like. If the content of the post is of high quality then it can earn 100 of dollars.
How much time we have to spend?
It all depends on you... if you ask me then I am spending aprox 2 to 3 hours per day. You can start with as much spare time you have...
How to start?
Start with creating the account on Hive blockchain because you need an account to interact with blockchain.
Their are different ways to create hive account.. some are free and some are paid services.
I proffered free account and sharing step by step account creation with Ecency.
Click here to create the account
Please note the link contain my referral.
The link will lead you the below page.
In the place marked 1 in below picture enter your user name.
Enter your mail id in the space marked 2 in the picture.
Below that you can see my main account user name (guurry123), that is because you are using my referral link. Hit the continue button.
Their may be some change that the user name you will select that may be taken my some other person already. You will get the error msg in that case.
Check your mailbox for the password. Copy the password. Open the https://ecency.com/signup and enter the user name and password form the mail to signup.
Cheers Now you are the part of Hive blockchain.
I am tried to make the post as simple as possible, so that a new person can understand it easily. Hope the post will help the non hivers to understand and will help to onboard new peoples.
This is my submission for "The 30 Day Content Challenge"
Want to know more about the challenge click here
