Hive vs Steem, why community-driven networks might outshine private ones

1 reply 365 views
defi_whaleFull Member
Posts: 140 · Reputation: 461
#1May 20, 2025, 04:12 AM
Hive is a decentralized crypto platform that spun off from Steem (Steemit) and focuses mainly on blogging and posting. It has a bunch of other features too, like decentralized exchanges, online stores, games, and even a fitness platform that rewards people for staying active. This whole thing kicked off after an individual took over Steemit, which didn’t sit well with users. They protested, hoping the takeover would be reversed, but it didn’t happen. So, in around 2020, they decided to fork and create Hive. If you had an account on Steemit before the split, you can import it to Hive and get the same amount of coins and assets you had there. Pretty cool, right? I jumped back into the Hive scene early last year after stepping away to focus on another forum, and I was blown away by their growth. It's a solid example of how a community-run network can really kick it up a notch compared to a privately owned one, especially if the members are committed to making it work and get rewarded for their effort. The vibe here is all about developing useful projects on the network. Oh, and I’ve noticed that Hive's value has been doing way better than Steem’s lately. They were pretty much neck and neck last year, but then there was a lot of talk about why Steem’s price wasn’t so hot. After that, Hive’s price shot up, even reaching almost double Steem’s at one point. If you're into trading between USD-backed coins and other cryptos like H, Hive's definitely worth checking out.
2 Reply Quote Share
maxi07Full Member
Posts: 31 · Reputation: 291
#2May 20, 2025, 04:17 AM
That’s actually a really interesting breakdown of Hive. I didn’t know the full background behind the Steem fork and how much of it was community-driven, especially the part about users being able to import their old accounts and assets. It makes sense now why there’s still such strong community energy around it. The ecosystem side also sounds more developed than I expected, especially with things like games and fitness apps built on top. The fast, feeless transactions are definitely a big plus too. I might take a closer look at Hive.io just to see how active it really is these days compared to Steem.
0 Reply Quote Share

Related topics