This post is an addition to @forexbrokr Hive guides.
He has already written some basic info about What is Hive. Please do checkout this post for Hive basics.
Its been 3 to 4 years since I joined steemit. I remember when people came from steemit to hive. Hive was created for a reason to make sure people power remains.
This post is about listing the pros and cons of hive.
PROS
First talk about pros of hive.
1. Freedom of Speech
When we talk about social media, we talk about people who are using it. When we use youtube and Facebook, there are many restrictions and terms we have to follow so we can’t talk freely there. But here at hive you can talk whatever you want to talk. People can post their problems and get useful suggestions.
2. Reward Distribution
When we talk about a social media, we just have a community which interacts. But hive is on another level with giving back to its community.
Rewards system is very good for both authors and curators. Both enjoy decent rewards.
3. Hive-Engine
Hive engine is the source that gives more value to the whole hive blockchain.
We have hundreds of other tribes on Hive engine just like Leofinance and we can see how it is growing. So hive-engine has added much value to Hive.
4. Good Content wins
We have seen this that there are many good authors in hive who are earning a reasonable amount of hive and their content is always appreciated and good. If you write good posts, you’ll surely recognized in hive.
5. Security
Just like other crypto sites, hive also has very best security as your wallet keys are only known by you. You are the only holder of your keys.
CONS
Lets talk about cons.
1. Only Investors have the power
We all know that hive power is the key thing for voting. You can only get high hive power if you invest high amount in hive so only investors have the power to vote and small users remain in low level.
For example, if Elon musk or anyone invests millions in hive, he will have high hive power and high control over posts rewards as his votes and flags would matter for all authors.
2. Automatic Voting accounts
There are many people who set their accounts to automatic votes to some users and they don’t care what an author is posting and this is somehow not good to vite automatically. This is also disappointing for some users as they receive no votes.
3. Personal Grudge Flagging
I’ve seen many users in steemit who flagged posts on personal grudges. This might happen here at hive as high hive power give you the power to flag a post and remove all the rewards.
4. Newbies Struggle
I’ve seen this personally that a newbie has a hard time here at hive as he doesn’t know how to post and even if he knows, his posts barely reaches to the trending section.
These are the Pros and Cons I think Hive has. But the gate is always open and you are more than welcome to comment if I’ve missed anything or you have a suggestion.
Thanks & Regards,
@arslan.leo