Telos Join Forces with Hive to Empower Web 3.0
Telos is happy to announce a partnership with Hive! You’ll have encountered Hive before if you’ve ever read a post or two on their popular social media dApp Hive Blog. Or maybe you’ve heard about Splinterlands?! An online card game that runs entirely on the Hive blockchain.
Telos and Hive are both fast, scalable, and near-feeless blockchains with strong governance principles. Telos is weeks away from releasing their EVM, which will empower new developers, the existing Ethereum ecosystem, and enterprise clients. Hive has made massive strides in getting listed on major exchanges, improving its code, and continuing to provide an immutable blockchain for content storage and support the freedoms of speech and of information to all. Our shared principles and focus on Web 3.0 set this partnership up for success, we’re excited to see where it takes us!
Telos is a third-generation blockchain platform for building fast, scalable, distributed applications with feeless transactions. The Telos network has been developed to power the economies of the future and provide human-scale solutions to global challenges.
With these goals in mind, it features innovative governance tools, no front-running and leading ESG compliance. The upcoming release of Telos EVM will make Telos the only blockchain to support both leading industry protocols (EOSIO C++ and Solidity EVM). This opens the network up to an extremely large pool of developers, which now boasts over 100 dApps and integrations.
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.