It's great to see that has finally revealed Hive and added the Hive/BTC pair. It already has 1300 BTC volume in its appearance. This is not bad. Another interesting thing about this is that Steam is pumping at the same time. Which, of course, made the video an overnight sensation. A little bit is going the other way too. Most likely, however, since the airdrop was 1: 1 a month ago, a lot of City was already being dumped.
The volumes of hive over the last few days have been quite incredible and if we look at the last 24 hours, we can see that the volume has reached 150 million, most of it being Huobi.
If you think that the hive blockchain has only been running for the last 5 weeks or so, you just can't see this kind of volume. However, it is unbelievable that hive is listed on most of the largest exchanges. Not only that, the lists are probably more unique than most. Because they are driven by social pressures, financial demands are so high.
This hive blockchain was born as a direct response to the problems of the Stith blockchain administration. Where the discipline was effectively attacked. Hijacked through some creative and decentralized-breaking methods. It was run by a group that created it. It was a community that advocated and reaffirmed the ideals of a decentralized blockchain. Which protects its user base from centralization control, including stack attacks and censorship. Hive is what was meant by steam and was slowly advancing. Not until the unfortunate activities of a few when they once had a chance.
In the last weeks of existence, the hive strain has not only proved the value of DPOS. However, it has been proven that a blockchain only supports the community as much as the community is the driver of its value. If its hive share is about 60 60 million. If he has one. Perhaps if he had invested in the development of Steem to add value to the community. But he will be able to grasp some of the values inherent in a strong community where they are and willing to support it.
When the price is going to fluctuate wildly. The biggest thing about this fork so far is that it has proven DPOS to be an effective alternative. They have shown that it acts as a community protector. The community in the vicinity of the blockchain simply cannot move the platform in relative comfort. It can also mobilize social movements that can influence the decisions of some of the largest exchanges. Exchanges that want to create their own financial ecosystem that surprises. Users need to be included in communities.
In one case, if you want to go faster, go alone, if you want to go further, go together, and this is the beginning of the crypto and blockchain industry. Those who are able to create collections will be defined by the supportive communities around them. Bandwigs will create models that will follow in the future. Being a defined power means having the right to name, controlling the universal details of crypto in the same way as bitcoin.
Hive is likely to be a defined protocol for Web 3.0. Which can serve as a community level. The narrator drives across the humanistic aspect of art. Scenarios of social economy. The more that it spreads and the more sub-communities it creates. Its value for other nodes, exchanges and other surrounding businesses became even more valuable. Hive becomes a resource that can be gained in multiple ways. But especially as a link between the community and vice versa, whether it be a product or service, a game or an exchange.
I think we have to agree with crypto and blockchain projects. One of which is "no project is no island". Everything is somehow interrelated and at this early stage, there is much more value than cooperation than competition. The communities that join the force to determine everyone’s skills are expelled by individuals who try to do it alone. Which is currently trying in most cases. Which limits the reach of the pieces and everyone.
Siara Sun from Hubi pointed to the possibility of future cooperation. What it looks like can go beyond a normal project / exchange relationship and instead connect an economic community to a social community. Connect people with people from value to value in areas of interest. There is a long way to go before all connections are made. But I like that Hive is starting to get some attention. The whole industry needs it.
Happy trade - happy socialization - happy community.