Understanding Hive
Hive is a blockchain and ecosystem that enables individuals to share information and conduct transactions directly without the need for intermediaries such as financial institutions or social media companies. It operates as a digital ledger that ensures secure and decentralized record-keeping of transactions and data.
To commence using Hive, one needs to create a wallet, which is similar to a digital savings account that allows users to store and transfer Hive tokens. Subsequently, the wallet can be utilized to participate in a variety of Hive-based applications and services, including games like SplinterForge, social media platforms, and marketplaces.
It is vital to ensure the wallet's safety and secure its keys by utilizing different security measures. A wise saying is... never share your keys!
Last updated