Frequently Asked Questions
Hive is used for building decentralized applications (dApps), especially those focused on social media, content monetization, decentralized finance (DeFi), and NFTs. It’s a fast and fee-less platform built for scalable Web3 apps.
Hive operates on a resource credit system instead of traditional gas fees. This allows users to interact with dApps, post content, and complete transactions without paying per interaction, making it highly accessible for high-volume applications.
Yes. Hive supports the creation, minting, and trading of NFTs without any gas fees. Developers use Hive’s tools and APIs to launch custom NFT marketplaces or integrate NFT functionality into games and apps.
Hive supports a wide range of dApps including blogging platforms, social networks, gaming ecosystems, DeFi platforms, and voting-based community tools. Its structure is ideal for apps that require fast, feeless user interactions.
DPoS allows Hive users to vote for witnesses who validate transactions and maintain the blockchain. This system ensures fast block confirmations and decentralization without requiring high energy use or mining hardware.
