Posts

HAPPY BIRTHDAY HIVE!!!

avatar of @dewabrata
25
@dewabrata
·
0 views
·
2 min read

Today is 20 March 2023. Do you know what's special on today?

It's HIVE birthday. It's the 3rd years we have HIVE running and no more with that S..... (no need to mention)

Let's us all celebrate HIVE birthday today by doing some POWER UP. So here is my power up today, 15 HIVE POWER. This is similar to Hive Power Up Day we have regularly on the first day of the month, however this one is a special occasion.

https://hiveblocks.com/tx/a224b391d4f3c607c36d94e2b5369bd990cc30f7

THE POWER UP

Some of you might be curious why do we need to power up as a form of celebrating something on HIVE? Hive Power, as it is said power, shows how powerful you are in HIVE blockchain. Because HIVE uses PoS (Proof of Stake) so increasing Hive Power is by staking your HIVE coins.

What happens if you keep power up your HIVE POWER?

  1. The more HIVE POWER you have, you will have more Resource Credits (RC) on your Hive Account / Wallet. RC plays as the gas fee for any transactions in this blockchain. The more HP you have, the more RC you get and more transactions you can do without paying anything.
  2. Interest... We have around 2% annual interest rate on our HIVE Power. So without doing anything, your HP will keep on growing on that rate.
  3. Higher curation reward, better upvotes value. The higher your HP, the higher curation rewards you can give to the articles you like.
  4. The more HP you have, the more you can help and support your favorite project on HIVE blockchain. There are many projects in HIVE, from simple curation bots to certain DAPPS that need a lot of RC. The more HP you have, the more you can delegate which mean you are able to help them in a bigger.

Bottom line is the higher HP = the more powerful you get and the more influential you can be. To build a better HIVE we need as many people to be more powerful, that include you!!!

Last and not the least, Thank You very much to Dan (theycallmedan) for supporting and sponsoring this event. Sorry I don't tag you directly because I don't want to be a part of people (hundreds people) to spam you with tags.

HAPPY BIRTHDAY HIVE!!! AND HAPPY POWERING UP FOR EVERYONE