The post A Censorship-Resistant Alternative To Social Media Networks appeared on BitcoinEthereumNews.com. Hive (HIVE) is a cryptocurrency and blockchain-based social media platform that aims to provide a decentralized and censorship-resistant alternative to traditional social media networks. Hive was created as a fork of the Steem blockchain in March 2020. It is known for its focus on community-driven content creation and distribution. It offers a range of content categories, including blogging, microblogging, videos, and more. Key features Hive’s decentralized nature makes it resilient to censorship and content removal. Users have control over their content and data, reducing the risk of platform-wide censorship. Hive uses a Delegated Proof of Stake (DPoS) consensus mechanism to secure the network. DPoS involves a group of elected delegates who validate transactions and produce new blocks. It also introduced smart contract functionality through a network upgrade, enabling developers to create decentralized applications (DApps) and programmable agreements on the platform. Content rewards One of Hive’s unique features is its content reward system. Users who create and curate content can earn rewards in the form of Hive Coins (HIVE) and Hive Dollar (HBD) tokens. These rewards are distributed to users based on the popularity and quality of their contributions. HIVE is the more volatile cryptocurrency used for various transactions, while HBD is designed to be a stablecoin pegged to the value of one United States dollar (USD). Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds. Source: https://coinidol.com/hive-hive-token/The post A Censorship-Resistant Alternative To Social Media Networks appeared on BitcoinEthereumNews.com. Hive (HIVE) is a cryptocurrency and blockchain-based social media platform that aims to provide a decentralized and censorship-resistant alternative to traditional social media networks. Hive was created as a fork of the Steem blockchain in March 2020. It is known for its focus on community-driven content creation and distribution. It offers a range of content categories, including blogging, microblogging, videos, and more. Key features Hive’s decentralized nature makes it resilient to censorship and content removal. Users have control over their content and data, reducing the risk of platform-wide censorship. Hive uses a Delegated Proof of Stake (DPoS) consensus mechanism to secure the network. DPoS involves a group of elected delegates who validate transactions and produce new blocks. It also introduced smart contract functionality through a network upgrade, enabling developers to create decentralized applications (DApps) and programmable agreements on the platform. Content rewards One of Hive’s unique features is its content reward system. Users who create and curate content can earn rewards in the form of Hive Coins (HIVE) and Hive Dollar (HBD) tokens. These rewards are distributed to users based on the popularity and quality of their contributions. HIVE is the more volatile cryptocurrency used for various transactions, while HBD is designed to be a stablecoin pegged to the value of one United States dollar (USD). Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds. Source: https://coinidol.com/hive-hive-token/

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more