Hive: Fast. Scalable. Powerful. The Blockchain for Web 3.0
Decentralized Hive Ecosystem (Dated: September 28, 2020)Hive is an innovative and forward-looking decentralized blockchain and ecosystem built on the
Delegated Proof of Stake (DPoS) protocol. Since its inception, Hive has steadily grown as an ecosys-
tem. Myriad dapps, APIs and front-ends contribute to a general and straightforward accessibility of
data, transactions and records, so that this existing diversity and utility ensure that the ecosystem
is welcoming to content creators, consumers, investors and builders. Hive is developed to store vast
amounts of content and to make it available for time-based monetization. The performance of the
blockchain is designed to scale with widespread adoption of the currency and platforms in mind. By
combining the lightning fast processing times and fee-less transactions, Hive is positioned to become
one of the leading blockchain technologies used by people around the world.
I. Introduction
II. Hive Assets
II.1. Assets
II.2. Resource Credits
II.3. Delegation
II.4. Allocation and Initial Supply, Inflation and End Supply
II.5. Decentralized Hive Fund
III. Block Production, Signing and Consensus
III.1. Delegated Proof of Stake
III.1.1. Addressing 51% Attacks
III.2. Protocol Changes
III.3. Production Ordering
III.4. Price Feed Consensus
III.5. Node Types
III.6. Keys
III.6.1. Key Hierarchy
III.6.2. Trustee System and Recovery
IV. Development and Integration with Hive
IV.1. Integration
IV.2. Performance
IV.3. Endusers and Consumers
V. Ecosystem Growth and Distribution
V.1. Onboarding and Accounts
V.2. Censorship Resilience by Design
V.3. Communities
V.4. Qualitative Content-based Inputs
V.5. Content Monetization
V.6. Distributing Rewards
VI. Conclusion
References