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**[Hive](https://hive.io){:target="_blank"}** is a decentralized blockchain with **fast** transaction speed (3s) without fees, **human
readable account names**, **decentralized community fund** and **algorithmic stablecoin (HBD)** backed by HIVE. 

Blockchain powered by Delegated Proof of Stakes (DPOS) consensus which perfectly balances **scaling**, **decentralization** and **speed**.

Hive blockchain pioneers innovations such as Resource Credits system, Human readable usernames, algorithmic stablecoin in blockchain space.

**Resource Credits** - system allows users to stake HIVE token and get allocated resources to perform basically free transactions on chain, without paying
huge fees like other blockchains Bitcoin or Ethereum.

**Human readable usernames** - makes it easy to remember account names of businesses or people you interact with, making social and transactional interactions easy.

**Algorithmic stablecoin** - backed by HIVE token has been running almost a decade long without any issues, making it one of the very first algorithmic stable coins.

**Social networking** - initial and most successful applications built on Hive are decentralized, community owned social networking applications. 
Making it very first blockchain to truly empower free speech and decentralized information distribution network on web3.

**Decentralized Hive Fund** - community owned and controlled funds helping blockchain to allocate funds to many developers and teams across the world to build and innovate.

**Gaming, NFT, DEFI and more** - easy development and easy integration with above benefits giving developers/creators enough reason to build applications on Web3, that's engaging and growing.

