Hive & HBD Web3 Debate - Part 3 | NEO Talks Web3

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***Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. Always Do Your Own Research!

Web3 is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.

Hive is an innovative and forward-looking decentralized blockchain and ecosystem, 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 Web3 blockchains used by people around the world.

Hive enables the development and integration of applications or networks with shared interests. Users, developers, companies, and creators can establish their own benefits.

Hive is Web3 because the economics of the platform are shared among the entire community and decisions are made by the community using the DPOS protocol, rather than by centralized corporate committees.

Hive’s closest relationship to web3 is data protection, as it is a decentralized and immutable blockchain. Users are in control of their data.

3SPEAK, PROTECT YOUR CONTENT, TOKENISE YOUR COMMUNITY 3Speak is a place where content creators directly own their onsite assets and their communities. Using blockchain technology, the ownership of these assets and communities are intrinsic to the creator and the user, not 3 Speak. They are therefore transferable to other apps that use blockchain technology. This means that if we do not serve the community and creators in the best possible way, they can take the assets they have generated and move them to another app. The result is that 3Speak is censorship resistant, cannot take your assets away or delete your communities.

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