What is Hive (HIVE)

1. Project Introduction
Hive is a decentralized blockchain platform with fast transactions (3 seconds), zero fees, human-readable usernames, a decentralized community fund, and an algorithmic stablecoin (HBD) backed by HIVE. It uses Delegated Proof-of-Stake (DPoS) to achieve a balance of scalability, decentralization, and speed. Key features include:
Resource Credits: Users stake HIVE to gain resource credits for nearly free transactions.
Readable Usernames: Enables easy social and transactional interaction with identifiable names.
Stablecoin (HBD): One of the longest-running algorithmic stablecoins in the market.
Social Layer: Originated with decentralized social media platforms that empower freedom of speech and censorship resistance.
Decentralized Hive Fund (DHF): A community-governed fund for incentivizing development and innovation on the chain.
Hive was launched in March 2020 via a hard fork from the Steem blockchain after its acquisition by TRON.
2. Team & Investment Info
Steem was originally founded by Dan Larimer (aka BM), also the founder of EOS. Hive emerged as a community-led fork post-acquisition.
Funding: NA
3. Social Media URLs
X: https://x.com/hiveblocks
Telegram: https://t.me/hiveblockchain
Discord: https://discord.com/invite/QNPwpZH5jj
Facebook: https://www.facebook.com/hiveblocks/
Medium: https://medium.com/@hiveblocks
YouTube: https://www.youtube.com/channel/UCwM89V7NzVIHizgWT3GxhwA
4. Token Info
Token Symbol: HIVE
Total Supply: 500,749,242
Token Type: Hive native token
Issuance/Burn Mechanism: There is an inflation mechanism
Contract Address: https://hiveblocks.com/
Token Distribution:
Content Creators/Curators: 65%
HP Stakers: 15%
Witnesses: 10%
Decentralized Hive Fund (DHF): 10%
5. Related Links
Official Website: https://hive.io/
White Paper: https://hive.io/whitepaper.pdf
Other Info: https://www.rootdata.com/Projects/detail/Hive?k=MTI0Mg%3D%3D