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Hive Price
HIVE
How Much is 1 Hive (HIVE)
Convert HIVE to your currency
Last Updated on Apr 02, 2026 01:57 AM
What is Hive?
About the coin
Hive is a mature blockchain ecosystem designed specifically for Web3 applications. It supports a wide array of decentralized applications (dapps), including popular ones like Splinterlands, PeakD, and Ecency. Hive is known for its fast transaction speeds, with a confirmation time of just three seconds, and it operates with zero gas fees, making it highly user-friendly.
Main features
Hive operates on a Delegated Proof of Stake (DPoS) model, which is a consensus mechanism that rewards those who contribute significantly to the network. This model ensures that the network remains efficient and secure while incentivizing active participation. One of the standout features of Hive is its high level of decentralization. There is no single entity that controls the network, which means that governance and operations are managed by the community, ensuring a fair and democratic process.
How it works
New users on the Hive network are provided with free Resource Credits (RC), which facilitate their entry into the ecosystem. This approach lowers the barrier to entry and encourages more users to participate in the Hive ecosystem. The decentralized nature of Hive means that it relies on its community for governance, with decisions being made collectively by its members. This structure not only enhances security but also ensures that the network remains aligned with the interests of its users.
Tangem supports networks for Hive
Temporarily not supported
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Hive FAQ
- Hive is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Hive offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- HIVE represents the same asset as Hive. The ticker is simply a short label for trading and listing purposes.
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