6 things on Hive that weren't obvious.

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(Edited)

Hey folks!

I've been on Hive a little over 3 months and whilst there's still much to learn, I thought this a good time to write about some things that weren't obvious to me - whilst the confusion is still relatively fresh!

So I have 6 points in 2 parts - the first 3 are some really basic things that might help someone thinking about starting Hive or who has just started. And the second part is some slightly more advances but just as unobvious things I figured out in subsequent weeks.

NB: This isn't meant to be a comprehensive getting started guide to Hive - and it definitely simplifies/skips over some things. For more in depth see the links I've put at the end.

Part 1 - The First Week

1. Hive isn’t a single website - there are many views onto the same content.

E.g. For blogging I mostly use:
https://peakd.com/@tdctunes
but exactly the same content appears at:
https://hive.blog/@tdctunes and https://ecency.com/@tdctunes
…and others!

If you publish to one, you are publishing to the Hive Blockchain so your content will appear on all the various Hive Front Ends.

Here's my blog on a few of them:
Hive-Front-Ends.jpg

2. Keys NOT Passwords

When you create a Hive account you will create a set of private keys which are long strings of characters.

It is absolutely critical that you store these in a safe place - personally, I store my keys in 1Password (a commercial password manager application) and I have also printed them out as a backup and keep that somewhere secure at home.

If someone gets your private keys they can take over your account and take the money you have in it! There is no Password Reset facility!

NB: There are great reasons for this but the explanation for that is beyond this post.

3. Your influence increases the more Hive you have.

Hive is free to use and (unlike many other blockchains) there are no transaction fees. However, you do benefit by having money stored as Hive Power.

A lot of things have monetary rewards on Hive, including upvotes (likes) - each has a reward attached to it which is typically split 50/50 between the person doing the upvote and the author of the content they are upvoting. The amount of reward depends on the upvoter’s Hive Power - the more they have, the more it’s worth.

There are also Resource Credits which limit how often you can perform actions on Hive (like posting, commenting and voting) - this isn’t an issue when you have a decent amount of Hive Power but might be to start with - you’ll need a little bit of Hive Power to be able to use Hive effectively.

Part 2 - First month (or so)

1. Claim rewards for second layer tokens!

If like me you are using Hive Engine curation tags or holding them and then voting on posts that use those tags, don't forget to collect the rewards! This can be done at: https://hive-engine.com/ via the drop down menu at the top right by selecting "Rewards" and then Claim All.

Screenshot 2021-12-16 at 13.12.39.png

I find there is normally quite a bit of a delay before the rewards page reflects your transaction - so if you want to check, come back in a minute or two and refresh it rather than keep hitting Claim All thinking it hasn't worked (I'm talking to myself here - I still do that all the time!)

2. In Rising Star - you need Starbits on Hive Engine before you can buy cards.

If you're like me and picked up the music career game @risingstargame - be aware - the game maintains it's own balances of your game tokens which are separate from your Hive Engine balances and that's where your mission rewards go initially.

But if you want to buy packs either directly or via the market, you need to withdraw your balances to Hive Engine - as purchasing/trading use the balances there. To withdraw head over to the account page...

Screenshot 2021-12-16 at 12.55.11.png

3. Delegations overwrite previous delegations (also - where on earth to see your delegations!)

You may have or want to set up an HP Delegation to other accounts. Delegating to certain curation accounts can earn you worthwhile rewards. For example I'm delegating to @hive.pizza for a decent APR return.

What wasn't obvious to me when I wanted to change the amount of one of my delegations was that a new delegation instruction simply replaces the previous one. So if I currently delegate 200HP to @hive.pizza and then create a new delegation of 500HP, my delegation will be 500HP (not 700HP!). This is particularly confusing if you are just using Hive Keychain to setup delegations as it doesn't show your current delegations.

If you want to see your current delegations, head over to https://wallet.hive.blog/ and click on Delegations:

Screenshot 2021-12-16 at 13.10.22.png

If you are like me and your first port of call is the Hive Keychain Wallet functionality it's really worth at least familiarising yourself with the hive.blog view of your wallet for this and other things you might just not know about (the market feature allowing direct trading between Hive and HBD for example!)

Learn More

I’ve only scratched the surface in this post!

The following goes into a lot more detail and explains the concepts and terminology behind Hive really well. There’s a lot of info, but you are probably going to need to get your head round all of this at some point if you want to be active/successful on Hive:

https://jryze.me/hive/

After that the following are great sources of info:

Three Things Newbies should do in their first week on Hive

https://peakd.com/@newbies-guide

Finally

One of my motivations for writing up some of these was to have something to share with people I meet who are interested in Hive. So I'm super grateful for links to any other great posts and links anyone might know about for new people in addition to the links above.

Thanks for reading and here's to learning a bit more about Hive every day!



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34 comments
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This is useful as those who have been here longer take things for granted.

Although there is no central password reset you can update your own keys if you think they have been compromised. You need the master key for that and it should be kept really secure.

Hive five!

!PIZZA !LUV

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Exactly - I realised I'm already taking things for granted that I had to learn at the beginning to it was time to write a few of them down! I would compare it to learning how to use the Web (1.0!) for the first time - quite a bit to get your head round but 100% worth it and you don't look back once you do!

!PIZZA

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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
tdctunes tipped steevc (x1)
tdctunes tipped joshuaslane (x1)
tdctunes tipped sequentialvibe (x1)
cathgothard tipped tdctunes (x3)
tdctunes tipped cathgothard (x2)
@tdctunes(8/14) tipped @livinguktaiwan (x1)
steevc tipped tdctunes (x1)

Join us in Discord!

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That's a good post for new users and it takes time to figure all of this out.

Keep going and don't be surprised with all of the other stuff that you haven't even heard of yet. You can do this for years and still find new an interesting places to go on hive.

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Hey - thank you!

Keep going and don't be surprised with all of the other stuff that you haven't even heard of yet.

Oh gosh here we go....! But no I'm not surprised at all - the more there is to learn the deeper and more worthwhile it (and most things) is!

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Many helpful tidbits here... there really are a lot of small moving parts when it comes to participating fully in the #Hive ecosystem. I'm noticing more and more, as I try to onboard people in my life, how convoluted and confusing it all feels. I appreciate this effort to simplify the process. Cheers! :)

Posted Using LeoFinance Beta

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Hey - thank you!

Yeah - I'm at the point of talking about Hive to a lot of people and of course people are interested - but how best to onboard them and make that as smooth as possible (without missing out the really important stuff).

It's a work in progress but making posts like this is a start...

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Just remembered I had a note to myself to tag @princessj190 when I wrote a post about hive tips from our conversation a while back! Here we go.. there are probably loads more things that I've forgotten now but I wanted to get these ones written up at least! Hope you're still enjoying and learning on Hive @princessj190 ?!

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Awesome! Glad you remember 👍 and super glad you finally made the post 🥳🥳🥳 it's packing!!!

Yeah, I'm still here on hive learning and having fun with it while slowly building my reputation. unfortunatly the discord lurkers still show up in my dm but now I don't bother to engage them anymore, I just block! block!! block!!!

And I must ask about that second layer token bit you talked about, those that mean if I vote on a post using tags of tokens I own I get extra tokens? s that it?.

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I don't actually get many Discord DMs thankfully - just the odd one which I block/ignore. Sorry you have to go through that hassle :(

re: second layer token curation/earnings - this should be a whole post I think - you would think surely there is one out there already -

This is the best post I found which does help a bit and talks about quite a few specific tokens:
https://staging-blog.hive.io/hive-167922/@friendlymoose/earn-tokens-by-using-tags

Anyone know of any more recent/better explanations?

For now I will try to explain in my own words the way I think it works -

So some 2nd layer tokens are associated with curation tags (e.g. Hustler, Neoxian, creativecoin, proofofbrain, beatzchain, leo).

If you tag a post with those tags then as well as the normal rewards in hive, that post attracts rewards in their associated tokens.

So if you hold them and either post using those tags or vote on posts that use those tags you get more of those tokens as rewards.

NB: some tags are only for specific topics (e.g. Leo = Finance, CreativeCoin = creative posts like music and art, beatzchain = music related)

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I use both neoxian and planet often tags so I hold a bit of those tokens in my wallet and if there is a way to get a bit extra tokens i am interested 👍 I will check out the link in a bit, thanks loads buddy

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(Edited)

Great post! Very helpful.

Yes indeed when you start learning how hive works you find a lot of things that you feel at start point again. Learning every day. Tks

Hive is free to use and (unlike many other blockchains) there are no transaction fees.

I believe resource credits is how you pay the fees. There are fees, but it's calculated different from others BC.

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hey - yeah indeed it's definitely a learning journey!

re: resources credits - yeah - it's a simplification that there are no fees as RC do perform that function. However they are a separate mechanism that don't reduce your actual amount of Hive in any way - hence basically transactions are 'free'. I think that's an ok way of putting it anyway - I'm trying to explain it without getting to technical.

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Yeah, that's right, is another form of paying fee. I like it a lot

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There are even more layers being developed. It is a thriving ecosystem.

Posted Using LeoFinance Beta

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Eeek Multidimensional 100 layer hive here we come!

Ecosystem is a good word - that it is!

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Part 2!!!! I had no idea. It's like finding a penny down the back of the sofa...

Great post! Look forward to the next instalment. :)

!PIZZA

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Haha thanks. And congrats on all your pennies you find in Hive engine rewards!

I'm conscious there will be loads of things like these that I just didn't write down and already take for granted. I'll try and keep notes of anything new I find because there are a lot of things like this and it does seem people find it useful as there isn't exactly a manual for hive!

!PIZZA

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Posts like this are really helpful. Most of it is not at all obvious to a newbie.

I've started reading the manual that you linked to.... Apparently I am guilty of 'dust votes'! 😬

!PIZZA

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There is a lot of good info on that site - I should probably read it for the 3rd time!

Dust votes yeah - how would you even know that's a thing without actually digging for info on how hive works?! I wouldn't worry about it - it means whilst your upvote is worth less than 2 cents if you upvote a comment and no-one else upvotes it (above 2 cents) then there won't actually be a payout.

One of the side effects of a proof of stake blockchain I guess. There is a dustsweeper bot I've seen that sometimes upvotes comments that didn't otherwise meet the threshold so they meet it.

Anyway - it's a bit easy to get obsessed with the value of votes on hive - and for me, though that is nice - it's more important to have meaningful conversations with people - which hive is actually way better for than any other social media I've been on.

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I'm going to read it properly over the Christmas hols! There are no doubt a whole array of Hive social faux pas that I have been unwittingly committing while I merrily click around Peakd, 'dust upvoting' things.

Hive genuinely seems to be a better social platform than anything I've used before. Weirdly I don't even follow that many people on here yet, and don't have many followers - which sounds upside down. Compared to Instagram, which a lot of the time is just scrolling, and not much real interaction. I do have photography friends that I have made on Instagram, and it's a useful way for the park photographers to stay connected. But most of the time it feels quite superficial. Plus I have to look at ads. And they don't pay me. :)

I'm not going to upvote your comment. But have some !PIZZA 😀

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There are no doubt a whole array of Hive social faux pas

Yeah - I realised this during the first week and to be honest it put me off doing things a bit because I was scared to do the wrong thing. Since then I'm way more relaxed partly because I've learnt a lot, but partly I think it's ok to make mistakes - as long as it's genuine - it's more important to just have a go and try and be an active part of the community.

Agree about followers - I don't have/follow many either but there is way more engagement here than I've had elsewhere. I think numbers of followers on Hive basically aren't that important - but actual engagement is - hooray!

Thanks for the !PIZZA

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All good info even for people who have been here for a long time!

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Hey - thanks for letting me know - maybe I'll do a part 3!

!PIZZA

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Since you're using peakd, you can also check you delegations in your wallet there. Just click on the magnifying glass.
image.png

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Ah cool - yeah I keep forgetting PeakD has a bunch of powerful stuff built in - thank you!

!PIZZA

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  1. Hive isn’t a single website,

"Bludy hell, noo ye tells me!" 😉 -Keptin

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That was one of the very first things that blew my mind!

!PIZZA

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"Aye, noo it's aw' beginnin' tae make sense. Mony thenks Lad!" 😉 -Keptin

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