What is Hive (HIVE)? Build Your Own dApps Easily

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Bittime -Hive (HIVE) is here as a solution for users who want to experience the benefits of blockchain technology without having to be burdened by technical complexity. The platform offers a user-friendly, scalable and secure third-generation blockchain, equipped with a variety of products and features to support the development and use of dApps .

What is Hive (HIVE)?

Hive (HIVE) is a third-generation blockchain designed to be a user-friendly, scalable, and secure platform for a variety of decentralized applications (dApps). Launched in 2020, Hive offers a solution for developers and users who want to take advantage of blockchain technology without being burdened by technical complexity.

Hive (HIVE) Key Products & Features

• Hive Blockchain: A scalable and secure Proof-of-Stake ( PoS ) blockchain with instant finality.
• Hive Engine: A dApps platform that enables developers to build and launch dApps easily.
• Hive Keychain: A secure and easy-to-use crypto wallet for storing and managing HIVE tokens.
• Hive Blog: A decentralized blogging platform that allows users to earn rewards for their content.
• Hive DEX: A decentralized exchange (DEX) for trading HIVE tokens and other tokens.

What is HIVE Token?

The HIVE token is a native utility token of the Hive blockchain (HIVE) used to:

• Paying transaction fees: Users need to use HIVE tokens to make transactions on the Hive blockchain.
• Assign rewards: HIVE token holders can delegate their tokens to validators to earn rewards.
• Staking tokens: HIVE token holders can stake their tokens to gain voting rights in the governance of the Hive platform.
• Buying and selling dApps: HIVE tokens can be used to buy and sell dApps on the Hive Engine.

Also read:

Tokenomic Hive (HIVE)

• Total Supply: 500,749,243 HIVE
• Circulating Supply: 500,749,243 HIVE
• Market Cap: IDR 2,632,667,278,612 (as of 26 February 2024)

Hive Fundamental Analysis (HIVE)

• Team: The Hive team consists of experts in the fields of blockchain, technology, and finance.
• Technology: Hive uses a scalable and secure Proof-of-Stake blockchain.
• Community: Hive has an active and fast-growing community.
• Adoption: Hive has been adopted by various dApps and blockchain projects.

Comparison of Hive (HIVE) & Competitors

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Hive Conclusion (HIVE)

Hive (HIVE) is a third-generation blockchain that is user-friendly, scalable, and secure. The platform offers a variety of features and products that enable developers and users to utilize blockchain technology easily. Hive has a strong team, cutting-edge technology, and a thriving community. This platform has the potential to become a leader in the blockchain market and play an important role in the future of decentralized technology.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What is IDEX (IDEX)? Advanced DEX Solution for a Safe and Efficient Trading Experience

What is Litentry (LIT)? Future Digital Identity Solutions in the Web 3.0 Era

What is Reserve (RSV)? New Challenger in the Stablecoin Battle

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.