Market Data & Token Stats
| Fully Diluted Valuation | $31.68M |
|---|---|
| 24H Trading Volume | $952 |
| 24H Low / High | $0.9404 / $0.9547 |
| Circulating Supply | 33.25M |
| Total Supply | 33.25M |
| Max Supply | ∞ |
Key Project Information
| Categories | Stablecoins 2 more |
|---|---|
| Founder | Anonymous |
| Website | hive.io |
| Socials | 3 more |
| Explorer | Hiveblockexplorer |
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Hive Dollar (hbd) Expert User Reviews
Is Hive Dollar safe or a scam? Read verified Crypto OG reviews about Hive Dollar
$hbd Markets
| Name | Pair | OG Score |
|---|
About Hive Dollar
Launched on March 9th in the Farcaster /higher channel, the ↑higher token symbolizes resilience and improvement. It’s a rallying point for those who persevered through the bear market. The /higher channel acts as a town square where the community shares memes, supports each other and strives for greater achievements.
What Are Hive-backed Dollars (HBD)?
Hive-backed Dollars (HBD) are a stablecoin linked to the value of the Hive blockchain and pegged to the USD. You can convert HBD into an equivalent amount of Hive tokens based on their USD value. This conversion keeps the value of 1 HBD at or above $1 USD. HBD in Hive savings accounts earn variable interest rates set by block producers.
The Hive Blockchain
Hive, launched on March 20th, 2020, is a decentralized network for sharing information and maintaining a blockchain-based ledger using the Delegated Proof of Stake (DPoS) protocol. It supports various applications, making it accessible for content creators, consumers, investors and developers. Examples include social media platforms with content rewards, games, identity management, polls and micro-loans.
Hive’s Technology and Scalability
Hive handles high transaction volumes with 3-second block times and no fees. Its second-layer architecture distributes application loads across sidechains, allowing for better scaling. This setup lets applications perform well without congestion, while maintaining data integrity on the main blockchain.
Governance and Development
Hive has a decentralized governance model. There’s no central team or company; it’s run by community members, developers and investors worldwide. Hive uses the DPOS consensus protocol, where stakeholders vote for block producers (witnesses) to approve changes. This ensures a stable base layer, while second-layer applications can innovate quickly. All development is open source and collaborative.
Conclusion
Hive’s efficient technology, decentralized governance and wide application support highlight its potential as a leading blockchain network. The Higher token fosters community spirit, while Hive-backed Dollars provide stability, making Hive a resilient and innovative ecosystem.
What is unique about Hive Dollar (HBD)?
Hive is unique for its decentralized governance, fee-less transactions and scalable second-layer architecture that supports a wide range of applications from social media to games and micro-loans.
Who are the founders of Hive Dollar (HBD)?
Hive was founded by a diverse group of anonymous community members, developers and investors who believed in the goal of decentralization.
Where can I buy Hive Dollar (HBD)?
Upbit, Upbit Indonesia
Information in this section carefully collected and curated from publicly available data from official sources, including the Hive Dollar Official Website, Hive Dollar GitHub Repository and Hive Dollar X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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