Greetings, my dear Hive fellows!
There are plentiful facts and facilities that Hive has created for housing so many things that a blockchain can afford with some brilliant unique mechanisms. The strong bullishness in recent times is reckoning with the massive success of the Hive blockchain. Today, I will write about the top three facts that I love about the Hive Blockchain, among all the good things that will vary from person to person. These diverse benefits can attract many people from so many classes in various perspectives, from developers to investors, simply curators to a huge area of content creators, and from game lovers to travellers. As a non-technical person, I will mention what I like according to my little knowledge.
1. Feeless fund transfer
The first thing that I love is the feeless fund transfer in the Hive blockchain, which is a great thing for the people who are willing to invest and interact with the Hive economy in various ways. The entry can be through a blockchain-based game like Splinterlands, which was my entry road to the Hive universe. Purely investors searching for a great blockchain of the future in terms of their return and flexibility in using flexibly. Especially for small investors can enjoy it with a seamless transfer of funds from a personal wallet to an exchange, and even from an exchange to a personal wallet is also free, like a cost of a cent.
The feeless transfer is also a boon for the development of blockchain-based games based on NFT assets, as they require frequent transfers of the assets and NFTs for trading, renting, or any operation. This feeless structure is a great advancement for the economy, making the blockchain flexible for any user, whether a whale or tiny investors. So, I love the concept of the feeless transfer in the Hive ecosystem.
2. Decentralized Social Hub With Hundreds Of Specified Community
The second thing that I truly fan is the decentralized space for the content creators. It is the easiest way to start your blogging without any effort of the requirement of the codings, HTML setting up your own websites, renting space or buying the domain, which are always troublesome to maintain regularly. Especially for the naive people who do blogging as a hobby and to make their memories permanent in the long run. Hive is a great place for them to be a content creator, blogger, or vlogger without much effort in other things except concentrating on the content only.
As a blogger or social site scroller, one can find the personal feelings on so many things, from the latest happening in the world of finance and crypto sphere, daily food recipes to travel stories, needle works to gardening tips, science and technology news to book reviews, a simple walking story to the travelling stories about the wonders of the world. That is a great place to explore and learn about anything and prepare for your own travelling or anything you want to love to do for your hobby.
Besides the content exploration, the rewarding mechanism is also so inspiring for both the visitors, who can be the curators or investors and the content creators and curators like me. Though my HP is not too much I am increasing it according to my own plan. Good content creators and bloggers are constantly supported by several curators' trials and the community members themselves, which is a sustainable way for the growth of the Hive universe.
3. The locking period of HP
The third thing that I love about the Hive blockchain is the 13-week locking period of the HP, which is the staked version of the Hive token. I like it because it can prevent unwanted price manipulation and any sudden unfavourable situation that can create panic for the users, which is a damage-controlling method that can never fail. The Hive economy is much benefitted from this mechanism. Also, the reward-releasing period is also a great innovative idea with the average price of the token that is calculated while releasing, which can also help the total situation to be more stable from all perspectives.
Though the Hive's small market cap can be easily manipulated, the locking period will not allow ill-minded whales to drastically change the market, keeping it more stable under any condition. Also, the chain's data is always public, so anyone can know about any sceptical transaction, and the whole community can know the real scenario that helps the Hive blockchain be safer than many others.
In conclusion, I love many good things about Hive, and I have mentioned the top 3 of them according to my thoughts. It can be varied individuals according to personal choice and interest. Also, there are some things that I don't like which are very limited, but maybe in future, I will talk about them. These good things are dominant in criteria, and that is why the development in Hive is more consistent. I hope it will be stronger and all the dwellers in the Hive world will be more prosperous and keep supporting Hive as they are supporting right now.
I hope you like my thoughts and discussion about the top 3 best facts about the Hive blockchain that I love most. If you have any questions, please feel free to let me know in the comments, and I will try my best to answer them according to my knowledge. Thanks a lot for your time and attention in reading my blog. I will catch up with you at the next one.
Wish you a nice day!
Photos are taken from the hive.io resources and edited by me.
