Hello friends @hive learners community, How was your day today?, health? and life in general?.It is your humbled girl @happy080,I am kind of new to this community,I am hoping to get a warm welcome, because I tend to get shy🫣 .. if the welcome is not profound enough.You know what I'm saying? lolz 😜
My experience in HIVE has been an amazing one.But to be honest,I still take myself as not yet knowledgeable enough when it comes to Hive blockchain,Maybe perhaps I am too inquisitive or too anxious(so to speak) because I dont want to loose out on this great opportunity in life.At least to an extent,In these past year, 2024. I now understand few facts about
hive, my resolve during this present year 2015, is to do better by improving my content and be consistent in the community I'm engaging with,but I don't know if it is alot or enough.
FEW FACTS ABOUT HIVE
HBD or Hive Blacked Dollar is a native stable coin, typically pegged to the US dollar.It is designed to maintain a particular dollar value by means of decentralized conversion mechanism.
CHARGES
I also understand that unlike our various local banks that make their money through imposing of huge bank charges on their users,Hive is different,Hive do not charge for any transactions you make,as a matter of fact,it is very free.
POSTING
Another interesting fact is that after seven days of making your first post on Hive,You will be able to claim your money as (Hive,HBD or Hp) which will be automatically transferred to your wallet.
Now,this is the most interesting part about Hive that I love:
THE BENEFITS OF HIVE BLOCK CHAIN
• Having a stable mechanism =HBD is backed by the Hive block chain's native cryptocurrency, known as :HIVE. which is able to convert Hive into HBD.
•Use Cases=HBD can be used for transactions but only within the Hive ecosystem.
•Having to earn interest =Users can actually earn interest on their HBD holdings, by placing them in an account.
• Having to be Decentralized=As a part of the Hive ecosystem.HBD operates in a decentralized manner, allowing users to transact without relying on our local banking systems.
•Conversion=Users can actually convert Hive to HBD at a fixed rate, which is typically 1HBD = 1USD. Although market may fluntuate and change from time to time which may affect the actual trading price.
I am sure my experience in Hive has really been an enjoyable one and I am happy to share them with all of you here @Hive Learners community.
Thank you for stopping by my post,and thanks alot friends for your warm welcome. Love you all, Always.