The Chary Whitepaper
(Formerly: Nobel Whitepaper
NOBEL worked very well on the Steem platform from Summer 2019 until April 2020. With the fork to Hive, NOBEL is not supported anymore. Instead I have created the new similar token "CHARY". So some text and pictures may use the words "Nobel" or "Steem" but the meaning this is the same like "Chary" or "Hive")
Written by Achim Mertens
The purpose of the CHARY token is to support people, that do good things to others. These can be charity helpers or even a person, that helps needy people in the neighborhood.
These people, writing about it on the Hive platform and using the hashtag “chary”, get upvoted by CHARY-holders. With that, the authors earn these tokens.
They can sell it on a marketplace into their local currency.
By buying CHARY, donators have the ability to spend their money in a most efficient way. With the posts the donators get a good “Proof Of Charity”. A community of CHARY-holders decides which people shall get the most tokens. No NGO or middleman is needed.
Hive (the base of Chary) is a great blockchain platform with an experienced and good minded community, that creates value by connecting the right people.
(Sketch by Achim Mertens)
- The Problem
- The Solution
- Six Winning Participants With Chary
- Some Rules
- The Whales
- Chary FAQ
- Further Information About Chary
- Steem FAQ
A lot of people in the world work on charity projects or help their neighbors or do other good things to people. They don’t get rewarded for this and therefore they cannot help effectively nor do they have money for themselves (and need to have another job). On the other hand there are people willing to support people in need, but they don't know how to hand over the money to them. With NGOs the donators don't see really what happens with their money. Also there is a loss due to transaction costs and middlemen. This is the targetgroup for the Chary world:
- People, who need help.
- People, who want to do something that counts to someone.
- Donators, that don't want to spent 20% of their money to administration.
- Donators, that want to gift directly to needy people.
- Donators, that want to leave the decision, who shell get the money, to a trustworthy selfcontrolling community.
- Donators, that want to see concrete results.
- Curators, that want to upvote good content to bring the donated money to the right places.
- Charity helpers, that want to get publicity and/or support.
(Nobel was the precursor from chary. Please use https://chary.org This is a sketch from Alfred Nobel: )
With the CHARY coin everyone can help to support the supporters. Everyone who has a STEEM-account (you can register here) can buy CHARY coins on Hive-Engine.com. That money stabilizes the price. The coin can then be gifted to people working on charity projects or can be staked and the upvote-power can be used to support the charity helpers.
- Chary offers a blockchain based donating system, that eliminates the middlemen.
- Chary offers a good hearded community, that brings together charity givers and takers.
- Chary offers a sense in this chaotic world and the feeling to be important.
- The main goal with the CHARY token is to appreciate humanity.
- The actors (more details see below "6 winning participants"):
- A donator
- can buy CHARY. This money backs the system.
- can use the CHARY to donate them directly to charity helpers.
- can stake the CHARY and with that she can curate good Proof of Charity.
- An Investor
- can buy CHARY token and wait until it raises in value.
- knows, that his money is placed in a good humanitarian environment.
- owns parts of the Chary system. The coins are also shares.
- A charity helper
- gets support and thanks for his work.
- needs to write good posts about his work (Proof of Charity).
- A curator
- should get some CHARY token and stake them. This gives her higher weighted voting power.
- With her upvotes she gives posts with hashtag #chary a value, that is appreciated by the Scotbot.
- The Scotbot
- This bot has a lot of CHATY token in his backpack.
- The bot checks each post on the STEEM blockchain, that is tagged with #chary.
- The bot gives the author and the curators a small amount of CHARY, depending on the number and power of upvotes.
- The needy people
- They just receive attention and a bit hope.
- They should be willing to get out of their situation.
- A donator
- The CHARY token is an automated system, based on the Hive blockchain, that warranties, that all these actors find together and that their interactions are fullfilled trustworthy.
- There have been 1,000,000,000 (10 ^ 9) CHARY coins created initially on July 19. 2019 by Achim Mertens.
- The authors, curators and the token creator earn HIVE also with each post they write or curate. This is their salary. They can also sell the CHARY token, but at least for the whales this should not be the first option to keep the price high and trust into that system.
- The frontend is http://chary.org. This has the look and feel like other social medias, except that there is a "price" for each post, that shows the value of CHARY. Other Hive-frontends like https://peakd.com or https://hive.blog/ do also work, then you need some filters to find the chary community (i.e. .../created/chary).
Value for the participants:
- The Chary-System was created to be self-amplifying. The more people join, the more stable gets the system.
- The owner of the CHARY tokens are the owner of this system. With their voting power they can influence the next steps. (This is only half true. As long as I (Achim Mertens) keep the keys from @anobel, I can change the system. Maybe we find a more decentralized solution in the future).
- There are some tools to see what is going on:
- https://chary.org (or https://peakd.com/created/chary)
- This page is the basic entry to the system. There one can see all posts with the hashtag #chary. It is based on the Hive platform. To join you need a Hive account.
- Here you can exchange HIVE into CHARY and backwards. You can claim your CHARY tokens there.
- Here you can see who and how many people are transacting CHARY. Also you can observe the Scotbot and check out, if it does what it should do.
- https://chary.org (or https://peakd.com/created/chary)
- There are some tools to see what is going on:
- Proof of Charity via blockchain is a very new topic. As far as I know is the Chary token system in this form unique. There are some similar systems like:
- https://www.binance.com/de -> They have charity projects, based on blockchain.
- https://community.coinsence.org/dashboard -> They have small working groups with own currencies (partly via blockchain)
- https://Fundition.io They also do charity projects on the STEEM platform. One can support them directly there by donating STEEM. The difference is, that there is no own token system behind it, that accelerates the circulation of donating and spending. Their focus is on funding projects, our focus is on spending attention and hope also to small charity occasions.
Six Winning Participants With Chary:
1. Needy People
They get help without delivering something. But they should try to get out of the needy situation.
2. Charity Helpers
Now they get rewarded for the job they do. They can (and should) sell (or stake) the CHARY coins. The only thing they have to do additional is to write and post about their work to create Proof of Charity and therefore trust into the coin. This is important to increase the value. Please use the hashtags #chary. People, that do charity, should note how much time and how much money they have spend. That gives us a guess how many CHARY this person should get. Old NOBEL example, With CHARY it is similar (originally taken from @yohanon):
Yohan has bought 12 pairs of shoes for needy children and payed 35 US-Dollars for it. This is worth (with 1 NOBEL=1 STEEM = 0,35 US Dollar/STEEM) = 100 NOBEL for the shoes + further 100 (or whatever he guesses) NOBEL for the effort. He shall write it in his blog (#nobel), what the costs are and then he shall sell 200 NOBEL from his account. After that the supporter can buy 200 Nobel with his FIAT Money to keep the prize stable.
3. The Donators
Donators have with https://chary.org a tool to gift in three ways:
- Directly with maximal efficience:
This means, there is no man in the middle. There are only banking exchange fees (that every NGO has to handle with also). When a donator knows who to support, he can give the CHARY or better Hive token directly to the recipient.
- Supporting The Community:
By buying CHARY and sending it to the distribution bot @anobel, a donator keeps the price high. He puts money into the system. The community distributes CHARY by upvoting, so the "best" charity helpers get the most token, which they can exchange now for a good value on the market.
- Gaining influence power:
By buying CHARY and staking it, the donator gets an investor and curator
Flyer made with canvas by Achim Mertens (CHARY is the follower of NOBEL)
Moneyflow during donation with NOBEL (CHARY is the follower of NOBEL)
4. The Investors
The investors can buy new CHARY and therefore give "real" money to the charity helpers. They can stake the coin and hope in a price raise. With staked CHARY they can also curate.
5. The Curators
Curators are people that have staked CHARY. They either got it by writing blogs with hashtag #chary and getting upvotes from other CHARY-staker or they have been gifted some CHARY or they have bought it. The more CHARY they have staked, the more CHARY are send from the distribution bot to the author and curators (the staked CHARY are untouched). 5% of the distributed CHARY go to the curators, 95% to the authors. They can upvote blogs with the hashtag #chary to support the helpers without losing own coins. They can upvote blogs to influence the direction for future steps with the CHARY system. They own a part of the CHARY system.
6. The System Itself And The Market Members
New members have an ability to invest their money into a system that helps people. So they can win value, if the price rises. And they know, that the money is good invested (even if the price falls). Everyone can write blogs about Chary (with #chary) and when the quality is good they can get upvotes and therefore earn these tokens also. NOBEL=CHARY in this picture
Some Rules To Handle The CHARY Token:
- Humanity is more important than greed!!! It is more important to support charity helpers and needy people than to get rich with the token. Please live this to get trust to the coin.
- Give the token (or stake it and upvote ) to people, that have done good things to other people.
- When you have done good things,
- please write about it and use the #chary tag. It is important that others get aware of it to find supporters, that buy the token.
- sell some of your tokens for a good price. This is necessary to create an economic circle and give the token a value.
- When you misuse the #chary tag for posts, that have nothing to do with charity or promoting Chary, you will get a nice comment, a warning or a downvote (that also effects your Hive reputation).
You may think "I want to do good things without knowing others about it". Of course this is also ok, but then you cannot find supporters. Your work would get much more effect, when you have a strong team behind you. Therefore it is necessary to get awareness and to give a good proof that you do a good work by writing blogs about it on the Hive-platform.
The Whales (Big Investors)
A smal group of people has got 10,000.00 token in the beginning. They have some additional duties in their own interest:
- They shall not sell the initial coins for the next 5 years. Therefore all of them have staked their coins.
- They should do some advertising and influencing to get value and money into the system.
How do they get value into Chary?
It's all about: Find more buyers than sellers. The coin itself has no value at all. The price will drop drastically, when we sell without having buyers. We need to establich a working system, that has value and then the money will follow.
(left: initial status of NOBEL(also CHARY), right: healthy status of another coin)
Achim (the creator of this token) is going to buy,
- When people do charity (see example above)
- about 150 US Dollar/Month (status 2020/08)
If we find more people, that follow my example, then the budget is higher. We need to sell our "idea", not the token. Each tokenbuyer has to be handled like a customer.
What should they upvote?
With the upvotes from the whales they further incentivise people that are bringing value into our Chary system. This can be advertising/influencing or writing about projects, where the Chary coin is involved. (Sketch by Achim Mertens) For details about the configuration of the scotbot see here. The seetings for Chary are the same.
Why should I buy Chary?
- Every time you buy Chary, money flows into the system. This money is mentioned for people that do good things. So by buying Chary you contribute to "save the world" ;-).
- Eliminate the middlemen and some of the transaction fee.
- Take over control. Or let a community decide who to support.
- Get "Proof of Charity"
(Flyer by Achim Mertens)
What can I do with the CHARY coins (use cases)?
- You can gift it to people, that do charity. (See also: "To whom can I gift the CHARY?")
- You can send it to @anobel, the Scotbotaccount. This money is used to be distributed, depending on the upvotes. With this you trust the community to decide, who shall get the most.
- You can send it to @null to burn it and raise the price.
- You can stake it, to spend it later, when it has (hopefully) more value.
- You can sell it (for hopefully a better price).
- You can gift CHARY as a (birthday) present
- You can use CHARY instead of gaming coins (and gift the pot)
- You can pay helpers (when they accept it)
- ... (more ideas welcome)
Who shall buy the CHARY coins? Everyone can do that. The target group is people, that want to do good things, but don't know how. With buying CHARY you support charity workers. Moneyflow during donation with CHARY
How do I get CHARY? You need to have an account on the Hive blockchain. i.e. you can register here: https://peakd.com. Then you need some HIVE. This you can earn by posting and upvoting or you can exchange it on a bank like Bitpanda or coinmerce. With this HIVE you can buy tokens like CHARY here: https://hive-engine.com/?p=market&t=CHARY You can also join our contests or airdrops to earn CHARY (and HIVE at the same time).
How does the CHARY increase in value? Sometimes, when you put things together something magic happens: Emergence. For example wind + sand -> wind + sand + dunes. The dunes are the emergence of this system. So it is with tokens that are used by people. The Chary system was mainly built to create a cash flow from financial supporters to charity supporters. This means, I prognose the following phases (with the precondition, that our marketing works):
- The price has to find its value (Launch phase July-October 2019)
- The price will rise
- The price will stabilize
How big is the risk when I buy CHARY? In that moment you buy, the price increases, which is good for the charity workers. When you gift the coin, then there is a (normal) risk for you, that the recipient do something other with your money. But with the Proof of Charity concept this risk is minimalized. When you keep it, then there is the normal market risk with every coin. The charity helpers sell the coins as soon as they need money. This keeps the risk of market effects for them low. There is a risk, that people get CHARY coins by misusing the #chary tag, getting upvoted by others and then selling the coin. This is not the best idea for these people, because they can also get downvotes, which decreases the value of their posts and their (Hive-) reputation. Especially, when a whale downvotes. But nevertheless, there is a small risk, that people get this coin without deserving it. Let's see in the future how big this effect is. One can observe the CHARY market here: https://hive-engine.rocks/transactions?symbol=CHARY
Do daytraders steel FIAT money? It looks like, when you buy CHARY. You can often see, that you pay for people or bots, that have bought cheap CHARY and sell them now, when you buy them. This looks like if you support parasits. But on the other hand, they also buy CHARY and give therefore money to the target group, the charity helpers. To sum it up, they neither win nor loose money here. But they help us to close the gap between ask and bid.
Who is doing the marketing? Everyone who is convinced of Chary or thinks it should be given a try. There are some whales that are eager to see the price rising.
How shall we do marketing?
- Write about the Chary. Post it on every social media (facebook, instagram, twitter, reddit, ...)
- Offer contests. I.e.:
- "Show me your Charity work and you will get xxx CHARY"
- We can use the #seven77 movement to make 7 pushups for Hive and Chary
- Offer xxx CHARY each for the first 10 posts about Chary
- Offer Airdrops. I.e.:
- Buy 100 CHARY and you get 100 CHARY extra
Who shell sell the CHARY? The CHARY is a free coin on the market, so everyone can sell it. But the aim of this token is, that mainly the people sell it, that have done charity. You can sell (or change) CHARY here: https://hive-engine.com/?p=market&t=CHARY
What makes the CHARY unique?
The Chary is an high effective charity distribution tool, where the donators either directly support their favorite charity workers or leave it up to the community to care about, that the money goes to the right places. The charity workers do “Proof of Charity” by writing blogs about their work. Hive (the base of Chary) is a great blockchain protocol with a big and good minded community, that creates value by connecting the right people. No NGO or middleman is needed.
The aim of the token is not mainly to get rich of it or to create financial value (when the price rises and you have staked CHARY, you can also profit from it monetary), it is more a cashflow: With buying CHARY, money comes in, with spending money by the charity helpers, money goes out.
To whom can I gift the CHARY? The target group is people that help other people. This can be your neighbor who helps you (or others) in the garden, but also charity helpers somewhere in the world. You can find them with the hashtag #chary on the hive plattform. But you can also send it to charity groups like @fundition, ... They will use the money like an NGO to support the supporters. @achimmertens creates regularely a post with a positive list of people, that have been proven as trustworthy to him. Here is an example from August 2020:
Hive-Member Website Comment @elkezaksek https://www.leetchi.com/c/soziales-von-elke-zaksek She supports needy people in Uganda. Usually she buys solar panels for families. We chatted a lot via Hive. @m-tennis-academy https://www.chary.org/@m-tennis-academy This is @yohan2on, who plays tennis with kids and supports needy people in Uganda (I know him personally). @dfacademy https://medium.com/@dfacademy/decentralized-football-academy-dfa-a-nigerian-charitable-football-soccer-academy-8b2c8e4beedb They play football in Nigeria with children. They have proven two times to me, that they are trustworthy and don't waste money. @battebilly https://m.facebook.com/steemituganda He supports needy people in Uganda @hope.venezuela https://firstname.lastname@example.org @fucho80 (a pastor) supports needy people in Venezuela. @hiveuacharity https://www.chary.org/@hiveuacharity @rollie1212 (I know him personally) and others are behind this project. They support charity projects in the Ukraine. @papilloncharity http://www.papillonfoundation.com/ He delivered good proof of charity (see here)
Honor people that do good things like in the next question:
What kind of charity can I do to get CHARY? Everything is allowed that helps other people and do not harm someone else. The more work and effort you invest and the more it helps, the more token you should get. Here are some examples:
- Helping needy children
- Giving food or clothes to poor people
- paying school fees
- Help in the neighborhood
How can I get a charity helper?
- Get an account on https://peakd.com
- Do something good to other (needy) people
- Write a blog about it on https://peakd.com (or another frontend for Hive)
- Show in detail what you did with pictures to create a "Proof of Charity".
- Include how much effort and costs you have had for your charity work.
- Use the hashtag #chary (see the example above under "Charity Helpers"). Then you should hopefully get some of the coins.
Further Information About NOBEL:
Nobel was the former system on the Steem platform. With Hive everything exept the name stays the same. Meeting Protocol Jul/22/2019 "next-steps-for-teamuganda-with-the-nobel-coin"
Status Report Jul/24/2019 "nobel-project-status-report-2019-07-24"
Some Voices From Nobel/Chary Participants
Brother, those of us who live in Venezuela know the difficulties that families live here, I found support on this platform and the least I can do is return the favor received by bringing other people here. Thank you for your comment and your upvote, Nobel token has helped me a lot in project hope and with my family, thanks friend. Fucho80
Our pleasure and thanks for creating such a great token to support people. Hope it grows drastically! A big thank you! dfacademy
Our pleasure, thats what charities should do for each other! papillioncharity
Hallo Achim, danke nochmal. Die 42,-€ sind schon in Uganda... Elkezaksek
I am not responsible for your invests. The CHARY and HIVE tokens are cryptocurrencies and underly the laws of the market, which I am not responsible for.
Table of Contents
- What is Hive.blog?
- How does Hive.blog work?
- How does Hive.blog differ from other social media websites?
- What do I need to do in order to secure my account?
- Does it cost anything to post, comment, or vote?
- Can I earn digital tokens on Hive? How?
- Where do the tokens come from?
- Where does the value come from?
- Why are people getting vastly different rewards?
- How do I upvote a post or comment?
- What do the Home, New, Hot, Trending, and Promoted links show?
- What information is available in my account menu?
- How do I see my recent rewards?
- What information is shown in my wallet?
- How do I transfer my HIVE or Hive Dollars into savings?
- How do I send money to another user?
- Will I receive notifications when there is activity with my account?
- What is shown in my profile?
- How do I change my avatar image and other profile information?
- What is the recommend size for the cover image?
- How can I control whether I see "Not Safe For Work" (NSFW) content?
- How do I search for content?
- Can I see which users I have muted?
- Can I see which users have muted me?
- Can I see the list of users I am following, and who is following me?
- What languages are supported?
- What can users post to Hive.blog?
- What are the different choices for post rewards (50%/50%, Power Up 100%, Decline Payout)?
- How do I add images and photos to my posts?
- How do I set the thumbnail image for my post?
- What is the recommend aspect ratio for thumbnail images?
- How do I add videos to my posts?
- Is there a way I can make my images smaller?
- What are tags?
- What tags should I use?
- How many tags can I use?
- Why is the "Post" button grayed out?
- How do I format text in Markdown?
- How often can I post?
- How long can my post be?
- If posting in a language other than English, how will I get recognized?
- Can I delete something I posted?
- What does "Promoting" a post do?
- How do I promote a post?
- Where do the new HIVE tokens come from?
- How many new tokens are generated by the blockchain?
- How are the new tokens distributed?
- Which exchanges are HIVE and HBD listed on?
- What is the reward pool?
- How is the reward pool split between authors and curators?
- Will the reward pool pay out more or less depending on who votes?
- Why do the earnings for my post go up or down?
- When can I claim my rewards?
- What is the difference between HIVE, HIVE Power, and Hive Dollars?
- What is delegated HIVE Power?
- What determines the price of HIVE?
- How do I get more HIVE Power?
- How long does it take HIVE or HIVE Power that I purchased to show up in my account?
- What is powering up and down?
- What do the dollar amounts for pending payouts represent?
- Will 1 Hive Dollar always be worth $1.00 USD?
- How do Hive Dollar to HIVE conversions work?
- Is there a way for me to convert my Hive Dollars to HIVE without waiting 3.5 days?
- What can I do with my HIVE tokens?
- What can I do with my HBD tokens?
- What is a MVEST?
- Can I sell goods and services on Hive?
- How can I withdraw my HIVE or HBD coins?
- Will I get a 1099 from Hive.blog?
- How much are the transaction fees for sending tokens to other users?
- Are there fees for Powering Up, Powering Down, trading on the internal market, or converting HBD to HIVE?
- How long does it take to transfer HIVE or HBD tokens between users?
Voting and Curating
- What is my voting mana?
- How many times can I vote without depleting my voting mana?
- Can I vote with less than 100% of my voting strength?
- Where can I check my voting mana?
- What determines how much of the curation reward goes to the author versus curators?
- Can I get curation rewards for upvoting comments?
- Do I get curation rewards for downvoting posts or comments?
- What are curation trails?
- Why don't my upvotes have an effect on a post's rewards?
- Is there a way to make my votes count for more?
- What are the valid reasons for downvoting?
- Does a downvote mean that I did something wrong?
- Will a downvote hurt my reputation?
Plagiarism, Spam, and Abuse
- What is considered spam or abuse?
- What are Hive.blog’s policies on plagiarism?
- Is it okay to use random pictures from the internet?
- What is Hivewatchers?
- What is @cheetah?
- Where do I report a post or comment that contains plagiarism, spam, or abuse?
- What is Reputation?
- How is the Reputation score measured?
- How do I improve my reputation score?
- What causes my reputation score to go down?
- Why does my reputation score matter?
Followers, Feeds, and Reblog
- What is a blockchain?
- What is the Hive blockchain?
- How do Resource Credits work on the Hive blockchain?
- What is the difference between Hive and Hive.blog?
- How is Hive different from Bitcoin?
- What is the difference between Proof of Work, Proof of Stake, and Delegated Proof of Stake?
- How often does the Hive blockchain produce a new block?
- Is there a way to see the raw data that is stored in the blockchain?
- Where can I find the information for the official launch of the blockchain?
- Can I mine HIVE?
- How can I keep my Hive account secure?
- Why should I be careful with my master password?
- Why is the master password a long string of gibberish?
- What are my different keys for?
- What do I do if I lost my password/keys?
- Are my HIVE and Hive Dollar tokens insured in the event of a hack or if someone takes over my account?
- How do I report a security vulnerability?
- Are the Hive blockchain and Hive.blog code open-source?
- Is there a Github page for Hive.blog?
- Is there a Github page for the Hive blockchain?
- What is available for developers interested in Hive and Hive.blog?
- How do I use cli_wallet?
What is hive.blog?
Hive has redefined social media by building a living, breathing, and growing social economy - a community where users are rewarded for sharing their voice. It's a new kind of attention economy.
How does Hive.blog work?
Hive.blog is one of the many websites that are powered by the Hive blockchain and HIVE cryptocurrency. All of these websites read and write content to the Hive blockchain, which stores the content in an immutable blockchain ledger, and rewards users for their contributions with digital tokens called HIVE.
Every day, the Hive blockchain mints new HIVE tokens and adds them to a community's "rewards pool". These tokens are then awarded to users for their contributions, based on the votes that their content receives. Users who hold more tokens in their account as "Hive Power" will get to decide where a larger portion of the rewards pool is distributed.
While most social media sites extract this value for the benefit of their shareholders, Hive believes that the users of the platform should receive the benefits and rewards for their attention and the contributions they make to the platform.
What do I need to do in order to secure my account?
Unlike most social media websites, there is no way to recover your account if you lose your password / owner key! This is why it is extremely important that you save and backup your password somewhere safe. It is strongly recommended that you store an offline copy in case of a hard drive failure or other calamity. Consider digital offline storage, such as an external disk or flash drive, as well as printed paper stored in a fireproof safe. Use a safe deposit box for best redundancy.
If you leak your private key to another user or a third-party website, that user or website will have full access to your account. This means they can steal it, as well as the funds inside of it. It is therefore not recommended to enter your private key information with any other user or third-party website. If you believe your account has been compromised, you should change your password/keys right away.
Each account has multiple keys, which each have different levels of authority: owner, active, posting, and memo. The information on the different types of keys and their purposes, as well as more information on password and key security, can be found in the section on Security.
Does it cost anything to post, comment, or vote?
No. It is free to post, comment, and vote on content on hive.blog. You might even get paid for it!
Can I earn digital tokens on Hive? How?
You can earn digital tokens on Hive by:
Posting - By sharing your posts, you can earn upvotes from community members. Depending on the upvotes you receive, you may get a portion of the "rewards pool".
Voting and curating - If you discover a post and upvote it before it becomes popular, you can earn a curation reward. The reward amount will depend on the amount of Hive Power you have.
Purchasing - Users can purchase Hive or Hive Dollar tokens directly through their Hive wallet using bitcoin, Ether, or BitShares tokens. They are also available from other markets and exchanges including BlockTrades and Ionomy.
Vesting - HIVE tokens that are powered up to Hive Power will earn a small amount of new tokens for holding.
Where do the tokens come from?
The Hive network continually creates new digital tokens to reward content creators and curators. Some of the newly-created tokens are transferred to users who add value to Hive by posting, commenting, and voting on other people's posts. The remainder is distributed to holders of Hive Power and the witnesses that power the blockchain.
Where does the value come from?
At its root, Hive is simply a points system. However, because this points system is blockchain-based, the points can be traded on markets as tokens. People buy and sell these tokens, and many hold in anticipation of increased purchasing power for various Hive-related services.
By analogy, Hive is a game system where users compete for attention and rewards by bringing content and adding value to the platform. The rewards people earn are tokens that have market value and are readily tradable. It is similar to how someone playing a video game could obtain a limited item or currency by playing the game. If the currency or items are transferable between users, then they can sell or buy them on game item markets.
Why are people getting vastly different rewards?
Hive is not a "get rich quick" scheme. While it is possible to post content that goes viral quickly and earn a lot of rewards on a single post, this is not typical for most users.
Most of the authors that you see earning high rewards are users that have spent a lot of time in the network building followings, making connections with others, and developing a reputation for bringing high quality content.
It is best to have realistic expectations, without focusing on rewards when you are first starting out. Work on building a following, making connections, and developing a good reputation. Consistency will pay off in the long run.
Can I change my username?
Account names can not be changed. If you would like a new account name, you must pay to create a new account using a third-party account creation service.
Can I delete or deactivate my account?
Accounts can not be deactivated or deleted. The account along with all of its activity is permanently stored in the blockchain.
Am I required to verify my identity?
Verification is a process where users give evidence to show that they are the person that they claim to be. This is to reduce fraud and people impersonating known figures. If you would like to remain anonymous, that is perfectly fine. However if you claim to be someone specific, the community may expect that you verify you are who you say you are.
There are a number of ways to do this. The most common way to verify your identity is by posting a link to your Hive profile on a website or social media account which you are already known for having such as Twitter, Facebook, LinkedIn, a blog, or photography site.
Many users also like to post a photo or a video which shows them holding up a sheet of paper with the current date and their Hive account name handwritten on it. This is a great way to add a personal touch to verifying.
How do I upvote a post or comment?
To upvote a post or comment, click on the "upvote" icon at the bottom of the post/comment.
These are various ways to sort Hive posts.
Home - The most recent posts of the accounts you follow (your feed).
New - Posts are sorted by the time posted, with newest first.
Hot - Popular posts at the moment.
Trending - Posts with the most amount of votes, stake-weighted, recently.
Promoted - Listings that are boosted by Hive Dollar payments get promoted for greater visibility.
You can get to your account menu by clicking on the avatar icon in the top-right corner of a hive.blog page.
Feed - Here is where you go to see the most recent posts from the people you follow.
Blog - Here is where you go to see all of your posts and reblogs. It is also where you go to see your profile page that is viewable by other users.
Comments - Here is where you go to see all of the comments and replies you have made.
Replies - Here is where you go to see all replies other users have made to your posts and comments.
Toggle Night Mode - This will toggle the hive.blog website views between "night" and "day" mode themes.
Wallet - This will take you to your wallet, where you go to see your wallet balances, make transfers, exchange HIVE or Hive Dollars, manage your account, and Power Up.
Settings - Here is where you go to update your settings.
Logout - If you'd like to logout.
How do I see my recent rewards?
The Rewards drop-down menu is available in your wallet. Click it and there are two links:
Curation rewards - Shows the rewards earned for upvoting posts and comments.
Author rewards - Shows the rewards earned by your own posts and comments.
You can also view the same information for other users by visiting their wallet profile.
What information is shown in my wallet?
Your wallet shows how many Hive and Hive Dollar tokens you have in your account. It shows how much Hive Power it has, and how much HP is delegated. It also shows how many of your HIVE and Hive Dollar tokens are being held in the savings account, which is a balance that is subject to 3 day withdraw waiting period. The wallet page shows any the progress of any Hive Dollar to HIVE conversions as well as the status of a power down. It also shows an estimated value of all the tokens in your account, based on the recent market price of HIVE.
How do I transfer my HIVE or HIVE Dollars into savings?
Your savings balance is HIVE and HBD tokens that are subject to 3 day withdraw waiting period. This is an extra security measure in case your account credentials are compromised. To transfer HIVE or HBD tokens into savings, click on the drop-down arrow next to HIVE or HIVE DOLLARS in your wallet, and select "Transfer to Savings".
How do I send money to another user?
- From your wallet page, click the HIVE or Hive Dollar balances with the down arrow next to them.
- In the drop-down menu, click 'Transfer'.
- Type the username of the account you want to send the HIVE or Hive Dollars to. Double and triple check the spelling.
- Enter the amount of HIVE or Hive Dollars to send.
- Enter a memo to go along with the transaction (optional).
- Click Submit.
- You will be prompted for your password. You will need to enter your master password or active key.
Will I receive notifications when there is activity with my account?
Notifications are currently not supported, but they are a feature we are planning to add.
What is shown in my profile?
At the top of your profile is your display name and reputation score. Below your display name is the number of followers you have, the number of posts and comments you have written, and the number of people you are following. It also shows the month and year when your account was created.
You have the option to change your avatar and display name on the wallet.hive.blog Settings page. There, you can set additional information such as "about" information, your location, and add a link to a website of your choosing. You also have the option to set a cover image for your profile.
You can view your own profile by clicking on the link to your Blog in your account menu.
How do I change my avatar image and other profile information?
Your profile info, avatar image, and cover image are set in your wallet.hive.blog Settings page. In order to update your avatar picture and cover image, you will need to host the images somewhere. This can be done by uploading it via the wallet GUI, or using a third-party image hosting site such as Postimage. Once your image is uploaded, copy its URL and paste it into the "Profile Picture URL" box for the avatar, or the "Cover Image URL" box for the cover image. Then click the Update button and enter your password or active key.
What is the recommend size for the cover image?
The cover image will be resized/scaled depending on the device being used. Therefore it is recommend to use an image that will still look good when cropped or resized. A 2048x512 image is the optimal size to work for most devices.
How can I control whether I see "Not Safe For Work" (NSFW) content?
By default, content that users have tagged as "NSFW" will be hidden, but a link will be shown to reveal the content.
You can update your display preference with the Settings page so that NSFW content is always shown by default, remains hidden until clicked, or is completely hidden with no option to reveal.
How do I search for content?
In the upper right corner of Hive.blog, there is a magnifying glass search link where you can find posts using a keyword search.
There is also an Explore link in the main menu, where you can browse through posts based on tags.
Can I see which users I have muted?
Yes. This can be seen under the Settings page.
Can I see which users have muted me?
This information is not presented on hive.blog, but it is visible on the blockchain level.
Can I see the list of users I am following, and who is following me?
Yes. You can see the list of followers or people you are following by clicking on the links on your profile page.
What languages are supported?
Currently hive.blog supports English, Spanish, Russian, French, Italian, Korean, Polish, and Chinese. There are also many communities using the platform that speak other languages. If you are interested in joining our translation team to add additional languages or help support the ones we have, please email us at email@example.com.
What can users post to Hive.blog?
Hive is an open platform meant to host and welcome any legal content that complies with our terms of service. Users can post anything they want, whether it be phrases, quotes, blogs, anecdotes, photos, videos, memes, songs, and more. Be creative!
What are the different choices for post rewards (50%/50%, Power Up 100%, Decline Payout)?
50%/50% - This rewards in half Hive Power, and half liquid HIVE / Hive Dollars. The ratio of liquid HIVE to Hive Dollars rewarded is based on network conditions at the time of payout. This is the default payout option.
Power Up 100% - This option rewards the post in 100% Hive Power.
Decline Payout - Use this option to receive no post rewards. Votes will affect the post's position on the trending ranking but no rewards are paid from Hive's reward pool. Replies made to the post are still eligible for rewards.
How do I add images and photos to my posts?
You can browse your hard drive to add an image by clicking on the "selecting them" link from within the editor.
If you have an image copied to your clipboard, you can simply paste (
ctrl + v) while in the post/comment editor, and your image will be uploaded into your post or comment. Due to the file size of these pasted images, this method is only recommended for simple graphics. Photos (.JPG) should be uploaded from your disk.
Pictures can also be hosted on an external site. Paste the image's web address (URL) into the editor and it will automatically be added.
How do I set the thumbnail image for my post?
The first image in the post will automatically be set as the thumbnail image.
What is the recommend aspect ratio for thumbnail images?
The recommend aspect ratio for thumbnail images is 16x9.
How do I add videos to my posts?
To add a DTube, YouTube, or Vimeo video to your blog post, simply paste the URL link to the video into the post.
Is there a way I can make my images smaller?
Yes, but the picture must be resized before it is uploaded into the hive.blog editor. This can be done in your favorite photo editing software, or online by uploading to a third-party website that features editing such as imgur.com.
Tags are a way to categorize your content, so that others can find it. The more relevant the tags are to the post, the more like-minded people will come across it.
Try to use tags that are relevant to your post, and that will be popular for other people to browse. For example, "mytriptoalaska" may be relevant to your post, but readers are probably not going to go searching for that. Using "travel" would be a better choice for a tag in this case.
You can browse through commonly used tags using the "Explore" link, in the main menu.
Be mindful when choosing tags. If your tags aren’t related to your post, your post may get downvotes for mistagging.
All tags must be lowercase letters. Spaces aren't allowed, but hyphenated words with a single dash are.
You can use up to 8 tags per post.
A post must have a title, body, and at least one valid tag. If any of these are missing, then the "Post" button will be disabled.
How do I format text in Markdown?
Some common markdown syntax is:
Text can be sized using headers:
# H1 ## H2 ### H3 #### H4
For more advanced formatting, a guide describing the common markdown formatting syntax can be found here: Markdown Cheatsheet.
How often can I post?
You are allowed to post almost as often as you like. Currently, posts must be spaced 5 minutes apart. However, the community may not find value in users that are posting too frequently. Keep in mind what your audience will be interested in viewing, so that you do not overwhelm your followers with too much content.
How long can my post be?
Post sizes are limited to about 64,000 characters including formatting. This is ample for most posts. If writing blogs, consider how much people are willing to read at one time. If you make your posts too long, readers may lose interest which may affect the amount of upvotes and rewards you receive.
If posting in a language other than English, how will I get recognized?
You can use language-specific tags to help you to reach the audience that speaks your language.
Language-specific groups include:
- Chinese = cn
- German = deutsch
- Spanish = spanish
- Korean = kr
- Russian = ru
- French = fr
- Portuguese = pt
Can I delete something I posted?
The blockchain will always contain the full edit history of posts and comments, so it can never be completely deleted. If you would like to update a post so that users cannot see the content via hive.blog, you can edit the post and replace it with blank content for as long as the post is active. After seven days, the post can no longer be edited via hive.blog.
What does "Promoting" a post do?
When you make a post, there is the option to promote it with Hive Dollars. It will then show up in the “Promoted” tab. The order that it appears in the list depends on how much the post was promoted for. Posts with a higher promoted amount will be higher than posts with less.
You can promote your own posts, or posts that you like from other users.
How do I promote a post?
At the bottom of each post is a button to "Promote". After clicking the button, type the number of Hive Dollars that you want to spend and click “PROMOTE”. The operation will require your master password or active key.
Can I earn digital tokens for commenting?
Yes, comments that are upvoted can earn rewards just like posts!
How often can I comment?
There is a three second wait time in between comments to limit spam.
Where do the new HIVE tokens come from?
Blockchains like Hive and Bitcoin produce new tokens each time a block is produced. Unlike Bitcoin, where all of the new coins go to the block producers (called miners), the Hive blockchain allocates a majority of the new tokens to a reward fund called the "rewards pool". The rewards pool gives users tokens for participating in the platform based on the value they add.
How many new tokens are generated by the blockchain?
Starting with the network's 16th hard fork in December 2016, Hive began creating new tokens at a yearly inflation rate of 9.5%. The inflation rate decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation will continue decreasing at this pace until the overall inflation rate reaches 0.95%. This will take about 20.5 years from the time hard fork 16 went into effect.
How are the new tokens distributed?
Out of the new tokens that are generated:
- 65% go to the reward pool, which is split between authors and curators.
- 15% of the new tokens are awarded to holders of Hive Power.
- 10% of the new tokens are awarded to the Hive Proposal System.
- The remaining 10% pays for the witnesses to power the blockchain.
Which exchanges are HIVE and HBD listed on?
HIVE and HBD are listed on the following exchanges:
Exchange HIVE HBD BitShares Y Y BlockTrades Y Y Ionomy Y N
What is the reward pool?
Every day, a fixed amount of HIVE tokens are allocated to the network reward fund, commonly called the "reward pool." These get distributed to authors and curators for posting and voting on content.
Up to 50% of a post's payout is awarded to curators (the people who upvoted the post) as a reward for discovering the content. The other 50% is awarded to the author.
If curators vote for a post within the first 5 minutes of it being created, a portion of their curation reward remains in the rewards pool for other authors/curators. This portion is linear to the age of the post between 0 and 5 minutes. As an example: upvoting at two minutes will donate 60% of your potential curation reward back to the rewards pool.
Will the reward pool pay out more or less depending on who votes?
There is a fixed amount of HIVE coins that gets added to the rewards pool each day. In the short term, the amount of coins that get paid out may be higher or lower depending on the amount of voting activity, but over time it will pay out the full amount of rewards regardless of who votes.
Votes in Hive are stake-weighted. Therefore voters with more Hive Power have a greater influence over the allocation than voters with less HP, but their votes do not increase the amount of rewards in the rewards pool.
Why do the earnings for my post go up or down?
The amount that is shown next to a post is a "Potential Payout". This is an estimated value of how much money the post will make based on the votes that have occurred so far. Depending on various factors, this value can go up or down until the payout window closes:
- If a post receives more upvotes, the potential payout of the post can go up.
- If a post receives more downvotes, the potential payout of the post can go down.
- If other posts receive more upvotes, the potential payout of the post can go down.
- If other posts receive more downvotes, the potential payout of the post can go up.
- If upvotes are removed from a post, the potential payout of the post can go down.
- If downvotes are removed from a post, the potential payout of the post can go up.
- If the price of HIVE goes up, the potential payout of all posts can go up.
- If the price of HIVE goes down, the potential payout of all posts can go down.
When can I claim my rewards?
Posts and comments remain active for 7 days. When the period is over, you are able to claim their earned rewards. In your Wallet, click the Claim Rewards button to add the tokens to your account.
What is the difference between HIVE, Hive Power, and Hive Dollars?
HIVE - HIVE is the base liquid currency token in the platform. HIVE can be powered up into Hive Power, traded for Hive Dollars, or transferred to other accounts. It is a cryptocurrency token, similar to bitcoin.
Hive Power - Hive Power (abbreviated HP) is a measurement of how much influence a user has in the Hive network. The more Hive Power a user holds, the more they can influence the value of posts and comments. Hive Power is less liquid. If a user wishes to “Power Down” HP, they will receive equal distributions of the HIVE weekly, over a 13 week period.
Hive Dollars - Hive Dollars (commonly abbreviated HBD) are liquid stable-value currency tokens designed to be pegged to $1 USD. Hive Dollars can be traded with HIVE, and transferred to other accounts for commerce or exchange. Hive Dollars may also be converted into HIVE via a process that takes 3.5 days.
What is delegated Hive Power?
Users have the option to delegate Hive Power to other users. When a user is delegated Hive Power - their Resource Credits, content votes, and curation rewards are calculated as if it were their own Hive Power. Users are not able to power down or cash out delegated Hive Power however, as it still belongs to the original owner.
Most users will have a small amount of Hive Power delegated to them by the Hive account after creating an account.
Delegated Hive Power shows up in a user's wallet below their actual Hive Power balance in parentheses.
What determines the price of HIVE?
The price of HIVE is based on the supply and demand of the token, as determined by buyers and sellers on the exchanges. It is similar to how the price of a commodity like gold is determined.
How do I get more Hive Power?
With HIVE tokens in your wallet, click "Power Up" to turn them into Hive Power. If you have Hive Dollars, you can convert them to HIVE from your wallet, and then power up the HIVE.
If you don’t already have HIVE or Hive Dollars in your wallet, you can purchase them using bitcoin (BTC), Ether (ETH), Litecoin (LTC), or BitShares (BTS) tokens. You may purchase BTC on various exchanges, such as Coinbase.com or Localbitcoins.com.
- Click "Buy Hive" from the main menu in the top right corner of hive.blog, or from your wallet.
- Select the currency to deposit, and enter the amount of that currency you wish to use.
- Enter your Hive account name (without the @) for "Your receive address".
- Click the "Get Deposit Address" button.
- Send the currency to the provided address.
HIVE purchases made via hive.blog are facilitated by BlockTrades.
Bitcoin can also be exchanged for HIVE on external markets.
How long does it take HIVE or Hive Power that I purchased to show up in my account?
Transactions on the Hive blockchain typically only take about three seconds to process, but when you are purchasing the HIVE tokens using bitcoin or some other token, then the transaction must wait for the transaction to be confirmed on the other network. This can take several hours, and sometimes even days.
If you paid using bitcoin, the third party website bitcoinfees.21.co can estimate the approximate wait time of the transaction based on the fees that were paid. The third party website blockchain.info will lookup the fees that were paid on a specific blockchain transaction.
What is powering up and down?
Powering up - If you have HIVE tokens, you can Power Up to Hive Power to get more voting influence on posts and comments. Having more Hive Power also increases the amount of curation rewards and new vested tokens that you can earn. More HP also grants more influence on approving Hive witnesses.
Powering down - If you have Hive Power, you can power down to turn it into liquid HIVE over a period of time. The system will transfer 1/13 of your Hive Power to HIVE each week for about three months (13 weeks), starting 1 week from the time it is started. However, you will lose your influence in the network proportionally to how much is powered down, so think about it carefully. Power downs can be stopped at any time.
What do the dollar amounts for pending payouts represent?
The dollar amounts next to posts and comments are estimates of the potential payout that will occur when the payout period ends, based on the current voting activity and price of HIVE. These potential payout amounts may fluctuate up or down until the payout period ends.
Payouts occur as a combination of Hive Power and Hive Dollars. Sometimes the blockchain may substitute HIVE in place of the Hive Dollars based on market conditions.
The blockchain estimates the dollar value of HIVE and Hive Power based on the 3.5 day average price of HIVE reported by the witnesses. The blockchain assumes Hive Dollars are worth approximately one USD.
Will 1 Hive Dollar always be worth $1.00 USD?
The market value of a Hive Dollar is dictated by the supply and demand of the token. Therefore it is possible for 1 HBD to be worth more or less than 1 USD depending on market conditions.
How do Hive Dollar to HIVE conversions work?
If you convert Hive Dollars to HIVE, the blockchain will process the transaction over a period of 3.5 days. At the end of the 3.5 days, the HBD will be gone and replaced by approximately $1 USD worth of HIVE tokens. The "approximately 1 USD worth of HIVE tokens" is based on the median HIVE price over the 3.5 days, using the price feeds from the Hive witnesses. Depending on price fluctuations during the 3.5 days it is possible to end up with more or less than $1 USD worth of HIVE per HBD at the end of the conversion. This is an advanced user feature, and is currently only available to users using external wallets.
Is there a way for me to convert my Hive Dollars to HIVE without waiting 3.5 days?
You can exchange them. Visit the internal Market, found in the main menu. There you can exchange your HBD for HIVE in real-time at whatever the current market price is.
What can I do with my HIVE tokens?
- "Power Up" to Hive Power
- Exchange for HBD in the internal market
- Withdraw to an exchange, and trade for BTC or other digital tokens
- Purchase items through third-party stores that accept HIVE tokens
What can I do with my HBD tokens?
- Convert to HIVE via your wallet (takes 3.5 days)
- Exchange for HIVE in the internal market
- Withdraw to an exchange, and trade for BTC or other digital tokens
- Purchase items through third-party stores that accept HBD tokens
What is a MVEST?
A VEST is a unit of measurement for Hive Power. A MVEST is one million VESTS. The amount of Hive Power in one MVEST can be found on hiveblocks.com as
Can I sell goods and services on Hive?
Other than making a post and making sales manually, there is no interface for selling items directly on hive.blog. You can list goods and services on the third-party websites and accept payment in Hive Dollars or HIVE. You also have the option to advertise your items through Hive posts.
How can I withdraw my HIVE or HBD coins?
HIVE and HBD tokens are readily tradable to bitcoin, which can be traded for the local currency of your choice. There is a link to "Sell" your HIVE and HBD tokens in your wallet, which uses the BlockTrades interface.
Will I get a 1099 from Hive?
No, you are not being paid by Hive. The Hive network rewards you. It is your responsibility to determine what, if any, taxes apply to the transactions you make. Further, it is your responsibility to report and remit the correct tax to the appropriate tax authority. Hive is not responsible for determining whether taxes apply to your Hive transactions, or for collecting, reporting, withholding, or remitting any taxes arising from any Hive transactions.
How much are the transaction fees for sending tokens to other users?
There are never any fees for transfers within the Hive network. However, if you transfer Hive to an exchange and convert it to another currency, you may incur a small fee from the exchange.
Are there fees for Powering Up, Powering Down, trading on the internal market, or converting HBD to HIVE?
No. None of these actions incur any fees.
How long does it take to transfer HIVE or HBD tokens between users?
A transfer of tokens between accounts typically takes 3 seconds. This is far faster than most blockchain tokens.
Voting and Curating
What is my voting mana?
Voting mana is like an "energy bar" in a computer game that goes down a little bit every time you vote. You start out with 100% voting mana. Every time you vote, you will use a small amount of your voting mana.
As you use more of your voting mana, your votes will carry less influence. A vote with 50% voting mana left will be worth 1/2 as much as a vote cast with 100% voting mana. Not to worry, the network recharges your voting mana by 20% every day.
How many times can I vote without depleting my voting mana?
Every 100% vote you cast will use 2% of your remaining voting mana. Your voting mana will recharge by 20% each day. You can vote more than 10 times per day, but each vote will be worth less, and it will take longer to reach full voting mana again.
Each user also has a mana pool specifically for down votes. This pool is 25% of the upvote mana pool. Downvotes will consume this mana first before consuming regular mana. When voting, 1/50th of the remaining mana is used for a 100% vote. The same math is used for downvote mana but multiplied by 4 because the downvote mana pool is 25% the size of the normal mana pool. The maximum of these values is used. When both mana pools are at 100%, the values are the same. When downvote mana runs out normal mana is used in the same manner as the current behavior.
Can I vote with less than 100% of my voting strength?
New users can only upvote and downvote with 100% voting strength.
Once you reach about 500 Hive Power, you will see a vote slider appear when you vote. You can use the slider to adjust the weight of your vote, between 1% and 100% voting strength. Voting with less than 100% voting weight will use up less voting mana, but it will also have less of an influence on the post or comment's rewards.
Where can I check my voting mana?
You can view your current voting mana using third party tools such as https://hiveblocks.com/@youraccount.
The rewards are allocated so that 50% of the payout goes to the author of the post/comment, and 50% goes to the curator.
Of the 50% that goes to the curator, the curator will receive less than 100% if the curator votes within the first 5 minutes. The split of the 50% that the curator receives during the first 5 minutes is calculated linearly based on the time the vote is cast.
- If a post is upvoted the moment of posting, 100% of the curation reward will remain in the rewards pool.
- At 1 minute, the curator receives 20%, and 80% remains in the rewards pool.
- At 2 minutes, the curator receives 40%, and 60% remains in the rewards pool.
- At 3 minutes, the curator receives 60%, and 40% remains in the rewards pool.
- At 4 minutes, the curator receives 80%, and 20% remains in the rewards pool.
- If a post is upvoted 5 minutes (or later) after posting, 100% of the curation reward goes to the curator.
Can I get curation rewards for upvoting comments?
Yes. You can earn curation rewards from upvoting both posts and comments!
Do I get curation rewards for downvoting posts or comments?
No. Since downvoting reduces the rewards on a post/comment, it does not earn curation rewards.
What are curation trails?
Some users decide to use third party applications to automatically cast votes. Users can automatically vote for the same posts and comments that other users does. Typically they will set this up to follow the votes of users who are good at curating. When a user has other users automatically voting for the same content that they do, the people that automatically vote after them are called their "curation trail".
Why don't my upvotes have an effect on a post's rewards?
A user with more HP is going to have a larger influence on the rewards than users with less HP. One vote from a user with a lot of HP can often have more of an effect than 100 votes from users with a small amount of HP.
Even though your vote may not have an immediate effect, when it gets added in along with all the other votes at the end of the payout period, it can still affect the payout. It may also cause more users to vote on the post too, because they saw that you upvoted it - so your votes can have an indirect effect on the payout this way.
Is there a way to make my votes count for more?
Yes. The more Hive Power you have, the more influence your votes will have.
The platform does not require that anybody purchase HP in order to participate, and there are many users who have earned a lot of Hive Power without spending any of their own money. You have the option of purchasing more Hive Power through your Hive.blog wallet.
What are the valid reasons for downvoting?
Users are allowed to downvote for any reason that they want. There are many users in the community who recommend only using the downvote on posts that are abusive. It is up to you if you want to follow this etiquette.
Does a downvote mean that I did something wrong?
Just because you received a downvote does not mean that you did something wrong. The downvoting person may have just been voting to reallocate the rewards in a way that they felt was more beneficial to the other active posts in the platform. Often users will leave a comment explaining why they downvoted, but sometimes they might not. If they left a reason, it is up to you to determine if you did anything wrong, and if there is anything you want to change.
Will a downvote hurt my reputation?
Not necessarily. See: What causes my reputation score to go down?
Plagiarism, Spam, and Abuse
What is considered spam or abuse?
- Asking for money, views, upvotes, follows, or reblogs.
- Leaving nearly identical or materially similar comments on multiple posts.
- Comments that are unrelated to the topic of discussion.
- Sending unsolicited links or requests to users via wallet memos.
- Posts that require upvotes to enter or play in a contest or game.
- Sending users a link to your blog or a post if it is not relevant to the conversation.
- Posts or comments that include little or nothing more than an offer to trade follows or upvotes.
- Using tags that are unrelated to the post.
- Threatening users with any type of physical violence.
- Not citing sources when using someone else’s material.
- Posting ‘not safe for work’ content without using the “nsfw” tag.
- Selling or offering to buy votes/reblogs/follows, or schemes that facilitate this.
- Scams or Fraudulent offers.
What are Hive.blog's policies on plagiarism?
If you are posting plagiarized or copied content, you can get in legal trouble for violating copyright laws. Plagiarized posts and spam are seen as abuse and will be downvoted by community members. If you are posting or using someone else’s content, you must ensure that you have the rights to use the content, and properly reference the sources where you got the material from.
Is it okay to use random pictures from the internet?
If you are using an image that is not your own, make sure you are allowed to use the image, and cite the source of the image.
Using random pictures from the internet without giving credit is discouraged. You may, however, use photos from “free image” websites such as Pexels.com or Pixabay.com. All photos on Pexels and Pixabay are free for personal and commercial use.
Where do I report a post or comment that contains plagiarism, spam, or abuse?
What is Reputation?
Every user has a reputation score next to their name. The reputation score is one way Hive measures the amount of value you have brought to the community. It is also a mechanism that is designed to help reduce abuse of the Hive platform.
Your reputation goes up when accounts vote on your content. Getting downvoted by someone with a higher reputation can push your reputation down and make your posts less visible.
Users with a lower reputation score are unable to affect your reputation.
How is the Reputation score measured?
Every new user starts off with a reputation score of 25.
The reputation score is based off of a
log10system, which means that a score of 40 is about 10x better than a score of 30.
More information about the calculation of the reputation score can be found in this post from @digitalnotvir: https://hive.blog/steemit/@digitalnotvir/how-reputation-scores-are-calculated-the-details-explained-with-simple-math
How do I improve my reputation score?
Every time another user upvotes one of your posts or comments, it increases your reputation score. The more Hive Power that the voter has, the larger the effect is. The best way to earn upvotes is by adding value to the Hive community.
What causes my reputation score to go down?
The only way for your reputation score to go down is to be downvoted by another user. Not all downvotes will cause a reputation loss though.
- Downvotes from users with a lower reputation score than you will not hurt your score.
- If your post or comment that was downvoted still received more upvotes than downvotes (weighted by HP), then the net effect on your reputation score will still be positive.
Why does my reputation score matter?
A reputation score is one way Hive measures the amount of value you have brought to the community. In real estate, they say there are three variables of the utmost importance: location, location, location. On Hive, those things are: reputation, reputation, reputation. It’s not to say other variables aren’t important, but reputation will be an enormous factor in your level of success.
Many users glance at other users’ reputation scores when deciding which articles to read because they know higher reputation scores means it is much more likely quality content. Furthermore, the higher your rep, the more effect your vote will have on the reputation of others.
It is worth noting that if your reputation score goes below 0, Hive.blog will hide your posts and comments making it very difficult to gain monetary rewards and followers. This incentivizes online etiquette and respect for your fellow users.
Followers, Feeds, and Rehiving
What is Rehiving?
This is like reblogging or sharing posts on other platforms. Once you rehive a post it will appear in your feed and in your followers' feeds as if you had posted it yourself. Use it conservatively and with caution. It is great to want to share content you like and appreciate with people you follow, but you don't want to overwhelm your followers either.
Yes you can use the share button to share on Facebook, Twitter or LinkedIn. You are welcome to post your Hive links on other websites and social media sites.
What is a blockchain?
A blockchain is a public ledger of all transactions ever executed. All of the transactions and data are stored in a distributed database. Each time the database is updated, all of updates are done together in a batch called a 'block'. Each time a new block is produced/added, it is appended on to all of the previous blocks - hence the name "blockchain".
What is the Hive blockchain?
The Hive blockchain is the publicly accessible distributed database, which records all posts and votes, and distributes the rewards across the network. It is where all of the text content and voting data is stored, and it is where all of the reward calculations and payouts are performed.
How do Resource Credits work on the Hive blockchain?
Since transacting on the Hive blockchain has zero fees, transaction rate-limiting is employed to safeguard the blockchain from spam attacks. Everything action that you take on the blockchain will consume a small amount of Resource Credits. This includes posting, commenting, voting, transferring tokens, etc. Viewing content does not consume Resource Credits.
Every user has a limited amount of Resource Credits to use each week. The more transactions a user does, the less Resource Credits they will have left (until they recharge). Users with more Hive Power will have more Resource Credits.
When the blockchain becomes busy (due to heavy use), the Resource Credit cost of transactions may become higher than during times when the blockchain is less busy.
You can check how many Resource Credits you currently have at: https://hiveblocks.com/@youraccount
If users do not have enough Resource Credits, they will be unable to transact with the blockchain until their Resource Credits recharge or they acquire additional Hive Power to increase their Resource Credit balance.
If you get an error that you have exceeded your Resource Credit allowance, it is normally best to just wait and try again later. Usually if you wait and try again later, the transaction will go through.
If you are unable to transact for extended periods of time, or you are frequently running into Resource Credit limits, then you will either need to reduce your usage to stay within your limit, or purchase more Hive Power for your account.
What is the difference between Hive and Hive.blog?
Hive is the name of the blockchain that stores all of the data and transactions, and processes all of the events that take place. HIVE is also a name for the system’s value token (currency).
Hive.blog is a front end web interface to interact with the blockchain, and view the blockchain data.
How is Hive different from Bitcoin?
On a technical level, the two networks rely on the same model of a blockchain, but are built upon different technologies and codebase. Hive is based on a new state-of-the-art blockchain technology called Graphene, which uses "witnesses" instead of "miners" to produce blocks.
The "delegated proof of stake" model of using witnesses instead of miners allows for greater efficiency in block production. With BTC, 100% of the new coins that are created are allocated to block producers (miners). With the Hive blockchain, only 10% of the new coins are paid to block producers (witnesses). The other 90% of new HIVE coins are awarded to content producers, curators, and Hive Power holders.
What is the difference between Proof of Work, Proof of Stake, and Delegated Proof of Stake?
Proof of work - Miners solve a complex mathematical problem. The miner that solves the problem first adds the block to the blockchain. The network rewards the miner for doing so.
Proof of stake - Requires ownership, or stake, in the cryptocurrency. The more tokens you own, the more block creation power you have. Benefits: eliminates the need for expensive mining rigs, runs on a tiny fraction of the power, and it requires block producers to have a stake in the network.
Delegated proof of stake - Block-creating accounts, called witnesses, are collectively approved by Hive stakeholders. Instead of relying on proof of work to find blocks, the Hive network actively schedules these accounts to improve the time between blocks to 3 seconds.
How often does the Hive blockchain produce a new block?
The Hive blockchain schedules witnesses to produce a new block every 3 seconds. 21 witness nodes produce 21 blocks in each 63-second round.
Is there a way to see the raw data that is stored in the blockchain?
Yes. The blockchain data can be viewed in different ways with third-party tools such as hiveblocks.com.
Where can I find the information for the official launch of the blockchain?
Can I mine HIVE?
No. Proof of work mining has been removed from Hive.
How can I keep my Hive account secure?
Save your master password and keep it somewhere safe.
Only log into your account using the key with the appropriate permissions for what you are doing:
- Posting key for every day logins
- Active key when necessary for transfers, power ups, etc.
- Master password or owner key when changing the password
Again, save your master password and keep it safe! If logging in with your post key, make sure you don't overwrite or misplace your original master password.
It is not recommended to share your password or keys with any third party site.
Why should I be careful with my master password?
The master password is used to derive all keys for your account, including the owner key. If someone has access to your master password, they can steal your account and all of the tokens in it.
Why is the master password a long string of gibberish?
The password has to be long and random for maximum account security.
What are my different keys for?
Posting key - The posting key allows accounts to post, comment, edit, vote, reblog, and follow or mute other accounts. Most users should be logging into Hive every day with the posting key. You are more likely to have your password or key compromised the more you use it so a limited posting key exists to restrict the damage that a compromised account key would cause.
Active key - The active key is meant for more sensitive tasks such as transferring funds, power up/down transactions, converting Hive Dollars, voting for witnesses, updating profile details and avatar, and placing a market order.
Memo key - Currently the memo key is not used.
Owner key - The owner key is only meant for use when necessary. It is the most powerful key because it can change any key of an account, including the owner key. Ideally it is meant to be stored offline, and only used to recover a compromised account.
What do I do if I lost my password/keys?
There is no way to recover your account if you lose your password or owner key! Because your account has real value, it is very important that you save your master password somewhere safe where you will not lose it.
It is strongly recommended that you store an offline copy of your password somewhere safe in case of a hard drive failure or other calamity. Consider digital offline storage, such as an external disk or flash drive, as well as printed paper. Use a safe deposit box for best redundancy.
Are my HIVE and Hive Dollar tokens insured in the event of a hack or if someone takes over my account?
No, liquid tokens can not be taken back if stolen or sent to the wrong account.
If your tokens are in Hive Power, it is impossible for a hacker to take out more than 1/13 per week. If your tokens are in savings, there is a three-day wait period for them to become transferable.
How do I report a security vulnerability?
If you find a security issue please report the details to firstname.lastname@example.org.
Are the Hive blockchain and hive.blog code open-source?
Yes. Both the Hive blockchain and hive.blog are open-source projects.
Developers should however avoid the use of the term "Hive.blog" in their own products, and instead refer to the Hive Blockchain or Hive Platform.
Is there a Github page for hive.blog?
Yes. Will be made public after launch
Is there a Github page for the Hive blockchain?
Yes. Will be made public after launch
What is available for developers interested in Hive and Hive.blog?
Many software engineers are currently leveraging the open-source code to build their applications on Hive
The Hive Developer Portal also contains documents and resources for developing tools and applications for the Hive blockchain.
How do I use cli_wallet?
Here is a guide from the user @pfunk explaining how to use the cli_wallet: https://hive.blog/steemhelp/@pfunk/a-learner-s-guide-to-using-steem-s-cliwallet-part-1
What are Hive witnesses?
The Hive blockchain requires a set of people to create blocks and uses a consensus mechanism called delegated proof of stake, or DPOS. The community elects 'witnesses' to act as the network's block producers and governance body. There are 20 full-time witnesses, producing a block every 63-second round. A 21st position is shared by the backup witnesses, who are scheduled proportionally to the amount of stake-weighted community approval they have. Witnesses are compensated with Hive Power for each block they create.
How can I vote for witnesses?
How many witnesses can I vote for?
Each account can vote for up to 30 witnesses.
Where can I ask for help if my question was not answered here?
You can also create a post on hive.blog with the tag #help, and someone in the community may be able to answer it.
Third Party References and User Links
Any services listed here, as well as any other third party applications or websites that are listed, does not constitute and endorsement or recommendation on behalf of the operators of Hive.blog
Please use the third party tools and content at your own risk.