Foresting

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Hive

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Foresting

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Hive

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What problem does this service solve?

Foresting's goal is to provide incentives for content creators on social media.Hive's decentralized social media platform aims to allow users to share content with greater privacy and less centralized control.

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Company Description

Foresting is a South Korean company that is developing a blockchain-based social media network. Their decentralized platform will provide content creators with incentives for contributing to the network that will be powered by the Ethereum-based PTON token.

The Hive blockchain is an open-source, community-driven blockchain that was created as a fork from the Steem blockchain platform. Hive is a social media platform that was created by a group of Steem community members, after an alleged attempt to monopolize the popular content platform by Justin Sun, the founder of the Tron network. Hive has a DPoS consensus mechanism, with very fast transaction times of under 3 seconds.

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