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Why Hive is the Best Blockchain to Build Web3

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I've always believed in a chain-agnostic future. A future where everything is cross-chain compatible.

You could liken this to the current state of most popular video games. Most popular video games are now cross-platform. You can play them on any device and you can play with people who are using other devices.

Along similar lines, I believe in a future where you can use any currency and any blockchain to interact with virtually any other currency and any other blockchain.

Hive is a beautiful ecosystem. It has flourished over the past 6 years - seeing dozens of amazing dApps, projects and companies flock to the chain to build while ~10k+ MAUs continually use the chain for various activities.

In this clip from LeoFinance's Chain Chatter podcast, I'm joined by @theycallmedan and @yabapmatt. This clip covers:

  • So many options, Play2 earn, blog2earn and much more
  • Seamless integration and easiness to navigate through chains
  • Hive's tech is superior in terms of dapps that it can store
  • Hive is the base layer but it can be used to off-ramp and on-ramp to other chains
  • SPL has MM of tx a day and not even scratching the surface of what hive can manage
  • SPL is still small even though it is the top1 gaming dapp in crypto
  • Focus on keeping growing while hive can still supporting
  • Hive is an incentive machine that leverages the block producers to store info at a L1 level but also a L2
  • As RC become more demanding, SPK network wants to not store the trash comments
  • DLUX solves this storage through the honeycomb tech and boosts SPKNetwork
  • DLux gives dapps the chance to not have to run their own nodes
  • Each dapp could have their own smart contract nodes on a side chain for petty tx that don't need to be on hive

Enjoy!

https://images.hive.blog/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf/image.png

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo Discord: https://discord.gg/E4jePHe Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/ Microblog on Hive: https://leofinance.io/threads LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP Hivestats: https://hivestats.io LeoDex: https://leodex.io LeoFi: https://leofi.io BSC HBD (bHBD): https://wleo.io/hbd-bsc/ BSC HIVE (bHIVE): https://wleo.io/hive-bsc/ Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com PolyCUB (Polygon): https://polycub.com Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io


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Why Hive is the Best Blockchain to Build Web3 was published on and last updated on 23 Nov 2022.