Welcome, if you have arrived at this post you are probably a new user and you have arrived here because our posts on social networks about Hive have caught your attention.
Join us on this adventure in which we will explain what Hive is, how it works and its advantages over web2.
This will be a basic guide for users who may not know anything about blockchain.
Index:
What is blockchain?
What is Hive?
How does Hive work?
Who govern in Hive?
What is HP?
What are the advantages of stacking Hive?
What are resources and voting power?
What can I do in Hive?
How can I use Hive?
Why is Hive different?
- What is Blockchain?
It is a technology that allows the transfer of data in a completely secure way.
- What is Hive?
Hive is a decentralized BlockChain, this means that there is no body that controls the network.
- How does Hive work?
The entire Hive BlockChain is hosted in nodes, these nodes are deployed by the community itself and ensure that it is secure and immutable.
- Who rules in Hive?
Hive is governed by the users themselves, through the amount of HP (Hive Power) they have.
- What is HP?
The HP (Hive Power / Stacked Hive) grants power to rule the network.
- What are the advantages of stacking Hive?
Stacking the Hive grants you resources, voting power, and governance.
- What are resources and voting power?
The resources are used for any interaction in the BlockChain, they replace the fee that other BlockChains have. They are automatically recharged 20% per day.
Voting power works in a similar way, the more HP you have, the more rewards you give and receive for voting on a post.
- What can I do in Hive?
In Hive you can do many things, you can play games integrated in the BlockChain, you can create content and monetize without follower requirements, you can exchange crypto and much more.
- How can I use Hive?
Currently creating an account is free, as some communities spend their resources so that others can create their accounts. You can register for free in Ecency.
- Why is Hive different?
At Hive there is no one to censor you or delete your posts, but be careful, we don't like plagiarism or spam.
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