HBD

Hive DollarHBD

Rank #3425
Coin
On 1,108 watchlists

Hive Dollar Price (HBD)

$0.9732
6.62%

0.00001792 BTC1.25%

0.0002384 ETH3.31%

Low:$0.9395
High:$1.11
24h
HBD  Hive Dollar HBD
Price:
$0.9732
 6.62%
Market Cap
- -

Why is there no Market Cap? 

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Fully Diluted Market Cap
- -
Volume
24h
$647,398
40.42%
Volume / Market Cap
--
Circulating Supply
--

Why is there no Total Supply? 

Read More

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Hive Dollar to USD Chart

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HBD Price Live Data

The live Hive Dollar price today is $0.973174 USD with a 24-hour trading volume of $647,398 USD. We update our HBD to USD price in real-time. Hive Dollar is down 6.62% in the last 24 hours. The current CoinMarketCap ranking is #3425, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

If you would like to know where to buy Hive Dollar, the top cryptocurrency exchanges for trading in Hive Dollar stock are currently Upbit, and Bittrex. You can find others listed on our crypto exchanges page.

What are Hive-backed Dollars? Hive-backed dollars (HBD) are a unique type of trustless stablecoin that is backed by the underlying value of the Hive blockchain itself and pegged to the USD. This backing takes the form of an onchain conversion operation that lets HBD be converted to an equivalent USD value of Hive itself. For example, 10 HBD can be converted into $10 USD worth of HIVE. This HBD to HIVE conversion mechanism has effectively pegged the value of 1 HBD at or over the value of $1 USD. HBD stored in a Hive savings account earns a variable interest rate (current interest rate set based on the median vote of block producers).

What is Hive? Launched on March 20th, 2020, Hive is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Hive supports many different types of information sharing applications. Myriad dapps, APIs and front-ends contribute to a general and straightforward accessibility of data, transactions and records, so that this existing diversity and utility ensure that the ecosystem is welcoming to content creators, consumers, investors and builders.

Hive is developed to store vast amounts of content and to make it available for time-based monetization. Examples of use include social media with monetized rewards for content producers, interactive games, identity management, polling systems, and micro-loans. The performance of the blockchain is designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning fast processing times and fee-less transactions, Hive is positioned to become one of the leading blockchain technologies used by people around the world.

Hive technology and scalability Hive’s support for high transaction volumes, combined with its fast 3-second block times and fee-less transactions, make it an ideal platform for building highly interactive applications that would bog down on most blockchain networks. It also has a unique focus on a 2nd layer architecture for distributing application loading across distinct sidechains to enable scaling beyond the limits of traditional smart-contract networks. To mitigate scaling limitations, an application’s proponents can allocate additional CPU resources as needed at the second layer to power their preferred applications, without worrying about congestion from other apps in the network, yet still benefit from a common first-layer blockchain backbone to ensure distributed data integrity. This scaling ability also enables a unique competitive landscape for applications developers.

Hive governance and software development Hive was founded by a diverse group of community members, developers and investors who believed in the common goal of decentralization. There is no set team and no company behind it. Hive is not based in any specific jurisdiction and has nodes, stakeholders and contributors in many countries all over the globe. Hive relies on decentralized governance, both for software development and for decisions about protocol upgrades, employing the DPOS consensus protocol. Stake-weighted voting is used to elect block producers known as witnesses that must agree to enable changes to the 1st layer protocol shared by all applications, providing a stable base layer, while leaving 2nd layer applications free to innovate rapidly. All protocol changes are proposed, developed, prepared for and implemented through a transparent and collaborative team-working environment. They are entirely open source from initiation to their final release.

HBD to USD Converter

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HBD

Hive Dollar

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USD

United States Dollar

HBD Price Statistics

Hive Dollar Price Today
Hive Dollar Price$0.9732
Price Change24h$-0.06903
6.62%
24h Low / 24h High
$0.9395 /
$1.11
Trading Volume24h$647,398.46
40.42%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#3425
Hive Dollar Market Cap
Market CapNo Data
Fully Diluted Market CapNo Data
Hive Dollar Price Yesterday
Yesterday's Low / High
$0.9379 /
$1.11
Yesterday's Open / Close
$1.05 /
$0.938
Yesterday's Change

10.52%

Yesterday's Volume$652,012.98
Hive Dollar Price History
7d Low / 7d High
$0.9395 /
$1.11
30d Low / 30d High
$0.8834 /
$1.15
90d Low / 90d High
$0.8672 /
$1.41
52 Week Low / 52 Week High
$0.6385 /
$4.21
All Time High
Feb 01, 2021 (10 months ago)
$4.21
76.88%
All Time Low
Apr 06, 2020 (2 years ago)
$0.3934
147.36%
Hive Dollar ROI

36.81%

Hive Dollar Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max SupplyNo Data