Cryptocurrency Q&A
What is a hive token?
What is a hive token?
Riccardo
Tue Nov 19 2024
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5 answers
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A Hive token is a lightweight authentication method used in the Hive ecosystem. It is created by the NameNode when a client establishes a connection and stored in memory. This token serves as an authorization mechanism, allowing clients to access Hive resources without repeatedly authenticating. Hive tokens are periodically cleaned up by a dedicated thread to ensure their validity and security.
5 answers
Martino
Thu Nov 21 2024
In this protocol, users have the ability to stake their HIVE tokens.
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SamsungShineBrightnessRadianceGlitter
Thu Nov 21 2024
Staking involves locking up tokens to support the network and its operations.
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AltcoinAdventurer
Thu Nov 21 2024
The DPoS mechanism rewards users for their staking contributions.
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SumoHonor
Thu Nov 21 2024
HIVE serves as the primary digital currency within the Hive network.
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CryptoVanguard
Thu Nov 21 2024
The network operates based on the Delegated Proof of Stake (DPoS) protocol.
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