Analyzing @buildawhale's Hive Transactions and Power Delegations

Analyzing @buildawhale's Hive Transactions and Power Delegations

Introduction

In the decentralized world of blockchain, transparency is key. Today, we’re diving deep into the wallet activity of @buildawhale, a prominent account on the Hive blockchain. By analyzing its transactions and power delegations, we aim to uncover patterns that may indicate how this account operates. This post will guide you through the process of adding these transactions to a spreadsheet for better analysis while shedding light on the role of Hive Power (HP) in governance, voting, and rewards.

---

Key Observations from @buildawhale’s Wallet Activity

1. Withdraw Vesting Transactions

   • Over time, @buildawhale has consistently withdrawn vesting shares (converted into HIVE) to another account, @ipromote.
   • These withdrawals occur weekly or bi-weekly, with amounts ranging from ~5000 HIVE to ~16000 HIVE.
   • Example:
     • Oct 29, 2024: Withdraw vesting from @buildawhale to @ipromote → 4510.472 HIVE
     • Nov 13, 2024: Started power down → 66,216.338 HP

2. Power Down Events

   • The account frequently initiates "power downs," converting staked Hive Power (HP) into liquid HIVE over a 13-week period.
   • However, there are instances where the power-down process is stopped abruptly, suggesting strategic management of funds.

3. Delegated Hive Power

   • @buildawhale receives significant HP delegations totaling 2,340,238 HP, primarily from:
     • @blocktrades: ~2,340,167 HP (since Aug 16, 2020)
     • @nwjordan: ~24 HP (since May 27, 2018)
     • @gillianlienmap: ~23 HP (since Aug 18, 2020)

4. Outgoing Transfers

   • Filtering the wallet page by “outgoing transfers” reveals numerous transactions directed toward @ipromote.
   • Additionally, small amounts of HIVE (~0.100–0.500 HIVE) are sent intermittently, possibly as fees or operational costs.

5. Behavioral Patterns

   • A large portion of the delegated HP appears to be used for farming purposes, such as making spam burn comments and self-voting.
   • Such activities raise questions about whether this setup is legitimate or part of a larger scheme aimed at exploiting the Hive ecosystem.

---

Step-by-Step Guide to Analyze Transactions Using a Spreadsheet

To systematically analyze @buildawhale’s transactions, follow these steps:

1. Create Columns in Your Spreadsheet

   • Date: Record the timestamp of each transaction.
   • Type: Categorize the transaction (e.g., withdraw vesting, power down, delegation).
   • From Account: Source of the transaction (@buildawhale).
   • To Account: Destination of the transaction (e.g., @ipromote).
   • Amount (HIVE/HP): Value transferred in HIVE or Hive Power.
   • Notes: Add any relevant observations (e.g., purpose of transfer).

2. Filter Data for Clarity

   • Use filters to isolate specific types of transactions, such as “withdraw vesting” or “power down.”
   • Highlight unusual patterns, like sudden spikes in outgoing HIVE.

3. Visualize Trends

   • Create charts to visualize trends over time, such as monthly withdrawal totals or cumulative HP delegations.

4. Cross-Reference Findings

   • Compare your data with other accounts involved (e.g., @ipromote) to identify correlations or dependencies.

---

Insights from the Analysis

• High Volume of Outgoing Funds: The consistent flow of HIVE to @ipromote suggests a structured operation, potentially linked to profit extraction.
• Large Delegations Leveraged for Farming: With over 2.3 million HP delegated, @buildawhale wields substantial influence within the Hive ecosystem. However, using this power for spam-like activities undermines community trust.
• Potential Scam Indicators:
  • Frequent power downs followed by immediate restarts.
  • Self-voting and repetitive commenting behavior.
  • Lack of transparency regarding the destination and use of funds.

---

Why Hive Power Matters

• Governance & Voting: Staked HP gives users voting power in proposals and witness elections, shaping the future of the Hive blockchain.
• Rewards Mechanism: Holding HP increases earning potential through curation rewards and inflationary payouts (~12.96% APR).
• Ecosystem Health: Misuse of HP, especially via spam tactics, can harm the network’s integrity and user experience.

---

Conclusion

By examining @buildawhale’s wallet activity, we’ve uncovered a complex web of transactions and delegations that warrant closer scrutiny. While the account benefits from massive HP delegations, its actions suggest questionable practices that could exploit the Hive ecosystem. Transparency and accountability remain crucial for maintaining trust in decentralized platforms.

We encourage readers to explore the provided link (@buildawhale’s wallet) and conduct their own investigations. Together, we can ensure the Hive blockchain remains a fair and thriving environment for all participants.

---

Call to Action

What are your thoughts? Have you discovered similar patterns in other accounts? Share your findings in the comments below! Let’s work together to promote transparency and expose unethical practices in the blockchain space.

Bilpcoin is committed to uncovering the truth—not hiding it.

The Dark Side of Hive Blockchain: Uncovering @usainvote's Role in Manipulating the Ecosystem

The Hive blockchain, known for its decentralized governance and innovative reward mechanisms, has unfortunately not been immune to manipulation. One account that stands out as a key player in this ecosystem is @usainvote, which has raised eyebrows due to its suspicious activities. In this post, we’ll delve into the transactions associated with @usainvote, analyze its connection to blocktrades (a prominent figure in the Hive community), and expose how it has been used to silence dissenting voices while perpetuating spam-like behavior.

---

What is @usainvote?

At first glance, @usainvote appears to be just another Hive user. However, upon closer inspection, it becomes evident that this account is part of a larger scheme involving farming HIVE tokens, delegating power to manipulate voting dynamics, and engaging in coordinated downvoting campaigns. Below are some critical points about @usainvote:

1. Primary Purpose:

   • The account is primarily used to farm Hive tokens by leveraging staked Hive Power (HP) and receiving massive delegations from influential accounts like @blocktrades.
   • It participates in upvoting and downvoting activities, often was targeting content creators who challenge the status quo or expose unethical practices within the ecosystem.

2. Staking and Delegations:

   • Total Staked HIVE: 107,042.775 HP
   • Delegated HIVE: 573,963.250 HP (from @blocktrades alone!)
   • Combined Voting Power: ~591,646.183 HP

   This immense voting power allows @usainvote to sway governance decisions and suppress opposing viewpoints effectively.

3. Downvoting Campaigns:

   • While the account claims to combat "spam," evidence suggests that it disproportionately targets legitimate posts exposing corruption, scams, or unethical behavior on the platform.
   • For instance, many users have reported being silenced after publishing content critical of projects like Buildawhale & Themarkymark a controversial initiative accused of exploiting curation rewards through automated bots.

---

Transaction Analysis: A Closer Look at @usainvote's Activity

To better understand the scale of @usainvote's operations, let’s examine its recent outgoing transactions. These transactions reveal patterns consistent with farming and profit extraction rather than genuine participation in the Hive ecosystem.

Spreadsheet Breakdown

Below is a table summarizing the outgoing transfers made by @usainvote:

Date	Transaction ID	Recipient	Amount (HIVE)
Jan 7, 2025	101028323	bdhivesteem	21,375.476
Jan 5, 2025	101934055	bdhivesteem	21,364.290
Dec 24, 2024	101761902	bdhivesteem	21,352.923
Dec 22, 2024	101569546	bdhivesteem	21,341.119
Dec 11, 2024	101636433	bdhivesteem	20,237.134
Dec 10, 2024	443523	huobi-pro	1,093.082
Dec 3, 2024	101602976	bdhivesteem	21,318.859
Nov 28, 2024	100953753	bdhivesteem	21,307.273
Nov 24, 2024	100636327	bdhivesteem	21,295.593

Observations:

1. Consistent Transfers to bdhivesteem:

   • Nearly all outgoing transactions are directed toward an account named bdhivesteem, suggesting a systematic effort to consolidate funds.
   • The amounts transferred are substantial, totaling over 189,000 HIVE across these nine transactions alone.

2. Exchange Withdrawal via Huobi-Pro:

   • On December 10, 2024, @usainvote sent 1,093.082 HIVE to huobi-pro, indicating a potential cash-out strategy.

3. Timing and Frequency:

   • Transactions occur regularly, often every few days, reinforcing the notion that @usainvote operates as part of an organized system designed to extract value from the Hive network.

---

Blocktrades' Role in Empowering @usainvote

One of the most alarming aspects of this investigation is the involvement of @blocktrades, a respected figure in the Hive community. According to available data:

• Delegation Details:

  • @blocktrades delegated 573,963 HP to @usainvote on August 16, 2020.
  • This delegation significantly amplifies @usainvote's influence, enabling it to dominate voting outcomes and suppress dissenting voices.

• Ethical Concerns:

  • By empowering @usainvote @buildawhale @themarkymark, @blocktrades indirectly supports its questionable activities, including silencing critics and promoting spammy content.
  • This raises serious questions about accountability and transparency within the Hive ecosystem.

---

How to Investigate Further

If you're interested in exploring @usainvote's activities yourself, follow these steps:

1. Visit @usainvote's wallet page.
2. Use the filters on the right-hand side to view outgoing transfers.
3. Analyze the transaction history to identify patterns and recipients.

Additionally, consider reviewing other accounts linked to @usainvote, such as bdhivesteem, to uncover the full extent of their operations.

---

Conclusion: A Call for Transparency

The case of @usainvote highlights the darker side of the Hive blockchain—a world where powerful entities exploit the system for personal gain while stifling free expression. With significant delegations from influential figures like @blocktrades, accounts like @usainvote wield disproportionate control over the platform, undermining its core principles of decentralization and fairness.

As members of the Hive community, it's crucial to remain vigilant and hold bad actors accountable. Only through collective action can we ensure that Hive remains a truly democratic and equitable platform.

What do you think? Share your thoughts in the comments below!

---

Disclaimer: This article is based on publicly available data and aims to promote transparency within the Hive ecosystem. Always conduct your own research before drawing conclusions.

Uncovering @themarkymark's Withdrawal Activity on Hive Blockchain

Introduction

The Hive blockchain is known for its decentralized ecosystem, where users can stake their tokens (HIVE) to gain influence and rewards. However, certain accounts have been flagged for suspicious activities that disrupt the community's integrity. One such account is @themarkymark, whose transaction history reveals a pattern of withdrawing vast amounts of HIVE through "power downs" while engaging in questionable practices like downvoting quality content creators and promoting spam comments.

In this post, we will break down all the withdraw vesting transactions made by @themarkymark into an easy-to-read spreadsheet format. We’ll also analyze the scale of these withdrawals and discuss how they relate to broader concerns about fairness and transparency within the Hive ecosystem.

---

Spreadsheet of Withdraw Vesting Transactions

Below is a detailed table summarizing the withdraw vesting transactions executed by @themarkymark over recent months:

Date	Transaction Type	From Account	To Account	Amount Withdrawn (HIVE)
Jan 22, 2025	Withdraw Vesting	@themarkymark	@ipromote168	138.609
Jan 22, 2025	Withdraw Vesting	@themarkymark	@ipromote168	52.670
Jan 15, 2025	Withdraw Vesting	@themarkymark	@ipromote168	68.456
Jan 8, 2025	Withdraw Vesting	@themarkymark	@ipromote168	80.861
Jan 1, 2025	Withdraw Vesting	@themarkymark	@ipromote168	91.562
Dec 25, 2024	Withdraw Vesting	@themarkymark	@ipromote168	98.802
Dec 18, 2024	Withdraw Vesting	@themarkymark	@ipromote168	13.034
Nov 13, 2024	Started Power Down	@themarkymark	-	2,172,361.807 HP
Apr 16, 2024	Started Power Down	@themarkymark	-	1,804,135.075 HP
May 24, 2024	Withdraw Vesting	@themarkymark	@ipromote168	559.911
May 21, 2024	Withdraw Vesting	@themarkymark	@ipromote168	483.068
May 14, 2024	Withdraw Vesting	@themarkymark	@ipromote168	406.513
May 7, 2024	Withdraw Vesting	@themarkymark	@ipromote168	329.888
Apr 30, 2024	Withdraw Vesting	@themarkymark	@ipromote168	254.158
Apr 23, 2024	Withdraw Vesting	@themarkymark	@ipromote168	177.922

---

Key Observations:

1. Total Withdrawals: Over the course of just a few months, @themarkymark has withdrawn well over 1 million HIVE.
2. Consistent Pattern: The account consistently powers down large amounts of HIVE, often transferring them to another account (@ipromote).
3. Power Downs & Restarts: There are multiple instances where the account starts and stops power downs, suggesting strategic timing or manipulation of staking mechanisms.
4. Curation Rewards Abuse?: Many users allege that @themarkymark earns excessive curation rewards by leveraging bot farms and automated voting systems, which undermines organic engagement on the platform.

---

The Bigger Picture: Concerns About Fairness

While withdrawing vested HIVE is not inherently wrong, the sheer volume of funds moved by @themarkymark raises eyebrows. Here’s why:

1. Impact on Content Creators:

   • @themarkymark & @buildawhale frequently downvotes legitimate content creators, stifling their ability to earn rewards.
   • At the same time, he promotes low-quality posts, including spam and burn comments, using bots like BuildaWhale—a controversial tool accused of exploiting the system.

2. Scam Farm Allegations:

   • @themarkymark operates as part of a "scam farm," earning disproportionate curation rewards via coordinated voting schemes & downvotes.
   • This behavior creates an uneven playing field, discouraging genuine participation from smaller accounts.

3. Transparency Issues:

   • By repeatedly cycling through power-ups and power-downs, @themarkymark appears to exploit loopholes in the Hive reward structure.
   • Such actions cast doubt on the platform's commitment to equitable distribution of resources.

---

How to Verify These Transactions Yourself

If you're skeptical, don't take our word for it! You can verify every single transaction listed above using the following steps:

1. Visit PeakD Wallet Explorer.
2. Use the filter option to select "Power Up/Power Down".
3. Browse through the records to see the exact dates, amounts, and recipients of each transaction.
4. Repeat the process for any other account by replacing @themarkymark with the desired username.

---

Call to Action: Demand Accountability

It’s crucial for the Hive community to hold accounts like @themarkymark accountable for their actions. If left unchecked, such behaviors could erode trust in the platform and drive away honest participants.

• Ask Questions: Reach out directly to @themarkymark and inquire about his intentions behind these massive withdrawals.
• Do Your Own Research: Explore the data yourself and form your own conclusions.
• Spread Awareness: Share this information with others who care about maintaining a fair and transparent ecosystem.

---

Final Thoughts

The Hive blockchain thrives when its members act ethically and collaboratively. Accounts like @themarkymark highlight potential vulnerabilities in the system that need addressing. By shining a light on these issues, we hope to inspire positive change and ensure Hive remains a welcoming space for everyone.

Uncovering the Hive Power Dynamics of @Encouragement: A Deep Dive into Transactions and Delegations

The Hive blockchain is a thriving ecosystem where users can stake their HIVE tokens to gain Hive Power (HP), which plays a pivotal role in governance, voting, and earning rewards. One account that stands out for its unique activity pattern is @encouragement, which has been actively withdrawing vesting balances while simultaneously receiving significant Hive Power delegations throughout the year. Let’s break down what this means, analyze the transactions, and provide insights into how this account operates.

---

**Understanding the Transactions @encouragement **

Below is a simplified spreadsheet representation of the key transactions from the @encouragement wallet:

Date	Transaction Type	Amount	Recipient/Sender	Details
Jan 1, 2025	Withdraw Vesting	399.335 HIVE	@aliento	Regular withdrawal of vested HIVE tokens
Jan 1, 2025	Powered Up	0.106 HP	@encouragement	Small power-up to increase staked balance
Dec 27, 2024	Withdraw Vesting	399.123 HIVE	@aliento	Consistent withdrawal pattern
Dec 23, 2024	Powered Up	1.202 HP	@aliento	Delegated HP converted to staked HP
Nov 14, 2024	Sent	-41.294 HIVE	@aliento.vault	Transfer of liquid HIVE to another account
Oct 2, 2024	Started Power Down	5,214.271 HP	@encouragement	Initiation of a scheduled power-down process
Aug 16, 2024	Powered Up	12.728 HP	@encouragement	Significant power-up to increase staked balance
Jun 20, 2024	Started Power Down	4,279.616 HP	@encouragement	Another instance of initiating a power-down
Apr 6, 2024	Received Delegation	+205,487 HP	@theycallmedan	Massive delegation received, boosting total staked HP

---

Key Observations

1. Consistent Withdrawals:
   The account regularly withdraws vested HIVE tokens through the "withdraw vesting" process. This involves converting staked Hive Power (HP) back into liquid HIVE over a period of 13 weeks. Despite these withdrawals, the account maintains a high level of staked HP due to incoming delegations.

2. Significant Hive Power Delegations:
   The most notable aspect of @encouragement is the massive 205,487 HP delegation received from @theycallmedan on April 6, 2024. This delegation accounts for nearly all of the account's staked HP, as seen in the total balance breakdown:

   • Total Staked HP: ~210,062 HP
   • Delegated HP: +205,487 HP
   • Self-Staked HP: ~4,574 HP

3. Power-Down While Receiving Delegations:
   Interestingly, @encouragement has been on a continuous power-down schedule throughout the year. This means the account is gradually unstaking its self-staked HP while still benefiting from the large delegated HP. This strategy allows the account to maintain influence in governance and voting without fully committing its own resources.

4. Small but Frequent Power-Ups:
   The account frequently performs small power-ups, converting liquid HIVE into HP. These actions suggest an effort to hide the ongoing power-down.

---

Why This Matters

Hive Power: The Backbone of Governance

Hive Power (HP) is not just a measure of wealth—it’s a tool for influence. By staking HIVE, users gain voting power, which is essential for participating in governance decisions, curating content, and earning curation rewards. The APR for staked HP is approximately 12.95%, making it an attractive long-term investment.

Delegations: A Strategic Move

Receiving delegations like the one from @theycallmedan amplifies the account's influence without requiring it to lock up its own funds. This is particularly beneficial for accounts that want to remain active in governance or reward distribution while maintaining liquidity.

Power-Down Strategy

A power-down allows users to gradually convert their staked HP back into liquid HIVE. However, when combined with large delegations, this strategy ensures that the account retains its influence even as it liquidates its own holdings. For @encouragement, this approach provides flexibility while leveraging external support.

---

How to Analyze Transactions Like This

If you’re new to Hive and want to understand how accounts operate, tools like Peakd are invaluable. They allow you to view detailed transaction histories, delegations, and power dynamics. Here’s how you can do your own research:

1. Visit the wallet page of any Hive account.
2. Check the "Transactions" tab for a chronological list of activities.
3. Look at the "Delegations" section to see incoming and outgoing HP transfers.
4. Use the data to assess the account’s behavior and strategies.

---

Conclusion

The @encouragement account exemplifies how Hive users can leverage delegations and power-down strategies to maximize their influence while maintaining liquidity. Despite being on a continuous power-down, the account remains highly influential thanks to the massive 205,487 HP delegation it received. This case study highlights the importance of understanding Hive Power dynamics and the strategic use of delegations in the ecosystem.

We encourage you to explore the Hive blockchain further and learn how these mechanisms work. Whether you’re here to grow your influence, earn rewards, or simply understand the platform better, the tools and resources are readily available.

For more insights, visit @encouragement’s wallet and start your journey into the world of decentralized finance on Hive!

A Deep Dive into @kingsclown Blockchain Transactions with Bilpcoin

In today’s digital age, transparency is more important than ever. At Bilpcoin, we believe in exposing the truth—no stone will be left unturned. Whether you're new to blockchain or a seasoned user, understanding how transactions work is crucial for navigating this decentralized world. In this post, we’ll analyze recent transactions from the Hive blockchain and provide tools to help you verify them yourself.

---

Analyzing Recent Hive Transactions

Below, we’ve compiled all the transactions into a detailed spreadsheet. Each transaction has been categorized with clear columns for easy reference:

Date	Transaction Type	From/To	Amount	Currency	Notes
Oct 7, 2024	Received	joshmania	0.105	HBD
Oct 7, 2024	Received	snoochieboochies	0.115	HBD
Jul 22, 2024	Sent	honey-swap	-0.955	HIVE	Contract Action: Buy (Hivepegged)
Jul 22, 2024	Received	sheepdawg	0.953	HIVE
Jul 22, 2024	Received	joshmansters	7.422	HBD
Dec 5, 2022	Sent	steemmonsters	-26.691	HIVE	Transaction ID: P-YSXFU2RZHS
Dec 5, 2022	Received	joshman	30.000	HIVE

---

Why Transparency Matters

Blockchain technology was built on principles of trustlessness and immutability. Every transaction is recorded on the blockchain that anyone can access. However, many users overlook the importance of verifying these records themselves. At Bilpcoin, we aim to empower you to take control of your financial journey by learning how to track and analyze transactions independently on Hive.

For instance, if you'd like to explore the wallet associated with these transactions, you can view it directly on PeakD:
👉 View Wallet Transactions

By visiting this link, you can cross-check every transaction listed above and even dig deeper into other activities within the account. This level of transparency ensures accountability and builds trust in the ecosystem.

---

The Power of Blockchain Forensics

Every transaction tells a story. For example:

• The Dec 5, 2022 transfer of 30.000 HIVE from joshman suggests significant activity around that time.
• On Jul 22, 2024, there was an interaction with the hivepegged smart contract via honey-swap, indicating participation in decentralized finance (DeFi).
• Recent small transfers of HBD (0.105 and 0.115) could signify microtransactions or tipping behavior.

These insights highlight the interconnected nature of blockchain ecosystems—and why scrutiny is essential.

---

Join Us in Exposing the Truth

At Bilpcoin, our mission is simple: You cannot silence the truth. By equipping yourself with knowledge and tools to investigate blockchain transactions, you become part of a movement toward greater transparency and accountability.

Here’s what you can do next:

1. Visit the linked wallet: @kingsclown/wallet
2. Learn to navigate blockchain explorers like PeakD or HiveBlocks.
3. Share this article with others who want to understand the power of blockchain forensics.

Together, we can ensure that no stone remains unturned when it comes to uncovering the truth behind blockchain transactions.

---

What are your thoughts? Have you checked out the wallet yet? Let us know in the comments below! 🧵

Disclaimer: This post is for educational purposes only. Always conduct your own research before making decisions based on blockchain data.

@bpcvoter3/today-we-take-a-peek-at-the-transactions-of-infovore-an-account-that-has-received-a-significant-hive-power-delegation-from

@bpcvoter3/unveiling-the-hive-transactions-of-eddiespino

@bpcvoter2/seo-breakdown-of-all-transactions-for-theycallmemarky

@bpcvoter3/analyzing-hivewatchers-transactions-a-dive-into-hive-s-controversial-account

@bpcvoter1/power-in-pause-keni-bpc-ai-music

@bilpcoinbpc/exploring-the-possibilities-of-ai-art-with-bilpcoin-nfts-episode-101-buildawhale-scam-farm-on-hive

@bilpcoinbpc/comprehensive-analysis-of-punkteam-s-wallet-transactions

@bpcvoter1/dear-jacobtothe-you-accuse-us-of-spamming-your-posts-as-if-the-sheer-number-of-comments-somehow-invalidates-the-truth-we-re

@bpcvoter2/seo-breakdown-of-all-transactions-for-theycallmemarky

@bilpcoinbpc/a-closer-look-at-hive-delegations-and-ocdb-transactions-uncovering-the-connections