October 9, 2020
What is HIVE?
A fork of the Steem blockchain, and probably the most contentious hardfork of 2020.
In February 2020 Steemit Inc was purchased by Tron and along with it came 30% of the supply of Steem. Many in the community felt the acquisition and this large fund threatened decentralization, and in March, after a battle to control the top 20 witnesses, the network forked and Hive was born.
Paul Puey (Edge CEO) and I dive into the history, tech, & what’s next for Hive.
We also put our money where our mouths are: we each decide whether to invest $100. This is not investment advice, we’re just giving you a peek into our own portfolios and how we make decisions for ourselves. Keep in mind, I’m more interested in the team, the tech, and whether it’s a cool project than in short term gains.
If you’d like a more in-depth look at Hive, this week I did a members-only interview with Hive dev, Dan Notestein. Dan helped bring together the team that launched Hive, and was employee number 2 all the way back to the early days of DPoS with BitShares — it was just Dan Larimer and Dan Notestein in the beginning. We dive into the history of Steem, the controversy that surrounded the formation of Hive, and how the Hive tech works.