Hive and Steem are both blockchain-based social media platforms that allow users to create, share and curate content, and earn rewards for their activities. However, there are some key differences between the two platforms.

Governance and Decentralization:

Hive is a fork of the Steem blockchain and was created in response to concerns about centralization and control on the Steem platform. Hive is designed to be more decentralized and community-driven, with a transparent governance model that allows stakeholders to vote on important decisions.

Tokenomics:

Both Hive and Steem have their own native tokens. However, the tokenomics of the two platforms differ. Hive has a more stable token supply, while Steem has a decreasing token supply due to its inflation model.

Community:

The communities on Hive and Steem also differ in terms of their interests and focus. Hive tends to attract a more tech-savvy and crypto-oriented crowd, while Steem has a wider range of interests including gaming, lifestyle, and entertainment.

Development:

Hive has a more active development community, with frequent updates and improvements to the platform. Steem, on the other hand, has experienced some development stagnation in recent years.

Summary

In summary, Hive and Steem are similar in many ways, but Hive is generally considered to be more decentralized and community-driven, while Steem has a wider range of interests and a more established user base. Ultimately, which platform is better for you depends on your specific needs and interests.

Posted using Splintertalk