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Hive is a decentralized blockchain and ecosystem that was launched in 2020 and is powered by the Delegated-Proof-of-Stake (DPoS) consensus mechanism.Hive is built to grow with the goal of achieving widespread adoption of the currency and platforms. Hive is positioned to become one of the main Web3 blockchains utilized by people all over the world by combining lightning-fast processing speeds with fee-free transactions.Hive (HIVE) and Hive-backed dollars are the two tokens on the platform (HBD). HIVE is utilized to access a range of various features on the site, whereas HBD is mostly used as a reward system.