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What is HIVE coin and how does it work?

by Financial Economy
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Hive Coin; Launched on March 20, 2020, it is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Hive supports many different types of knowledge sharing applications. Detailed information about what is HIVE coin, how does it work, how to buy, how much it costs, etc. is in the continuation of the content. You can browse here for information about Band Protocol coin (BAND).

What is HIVE coin and how does it work?

Hive Coin; Launched on March 20, 2020, it is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Hive supports many different types of knowledge sharing applications. Countless applications, APIs, and front-ends contribute to the general and direct accessibility of data, transactions, and records. Thus, this available diversity and utility enables the ecosystem to welcome content creators, consumers, investors and creators.

Hive Coin is developed to store vast amounts of content and make it available for time-based monetization. Use cases include monetized rewards for content creators, interactive games, identity management, voting systems, and social media with microcredits. The performance of the blockchain is designed to scale with the widespread adoption of the currency and platforms in mind. Combining lightning-fast transaction times and free transactions, Hive is positioned to be one of the leading blockchain technologies used by people around the world.

How to buy Hive coins? How much does HIVE cost?

Hive coin can be purchased from the listed cryptocurrency exchanges. It is to the benefit of the investor that the exchange to be traded is “reliable and well-known”. As of September 9, 2021, the price of 1 HIVE coin is around $ 0.84. The circulating supply of Hive coins as well as the total supply is 395,342,248 units.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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