# Hive FAQ

# Why was Hive created?
Our intention with this community-driven fork is to continue the strong Steem Community values that have been established. While also freeing it from the ill gotten ninja-mined stake, which has threatened its decentralization for the last 4 years.

With a diverse and committed team of community developers, we will quickly begin to implement much awaited improvements, and robust new developments to the blockchain.

This, along with the renewed spirit of the community, will allow us to finally showcase the true potential of the chain and help it reach its full potential.

# What is the difference between Hive and Steem?
Hive is a fork of the Steem blockchain and is run completely independent. All valid accounts that didn’t participate in the attempted centralization of the Steem blockchain will receive an airdrop on the Hive blockchain.

> [name=BT]
I made the above edit, sound ok?

> [name=Gandalf]
All valid accounts on the Steem - that's not accurate because of exceptions
All valid accounts that didn't take part in hostile actions against Steem governance?

# What happens when Hive arrives?
When Hive arrives, you will have two accounts, one on the Steem network and another account with the same data and the same content, on the Hive network. The history of the two accounts will be the same. But from that point onward, the two accounts are independent accounts. Actions you take on one network will not be reflected on the other network. For example, if you make a post or send Hive coins using your Hive account, it will have no impact on your Steem account. Similarly, if you sell some of your Steem coins, your balance of Hive coins will not change (well, unless you use the Steem coins to buy Hive coins).

# When will Hive launch?
TBD

# As a Steem holder, what do I get in the Hive airdrop?
All regular Steem holders will have access to a balance of Hive coins equal in number to their Steem holdings. For example, if your Steem account has 10 Steem, 5 SBD, and 1000 SP, your new Hive account will have 10 Hive, 5 Hive-backed dollars, and 1000 HP.

# How do I access my Hive account to post content and send Hive coins?
TBD

# Where can I buy and sell Hive coins?

# !!! Important notes for cryptocurrency exchanges that list Steem !!!

### Do you plan to support the Hive airdrop by taking a snapshot of your customer’s Steem holdings at the time of the airdrop and credit them with a similar amount of Hive (Yes/No)?

**YES**) If you DO want to participate in the airdrop, please notify the Hive team that your exchange will distribute the airdrop on a pro-rata basis to your Steem customers (no fixed timeline for distribution is required), and the Hive account that corresponds to your Steem account will receive the airdrop at the time of the launch of Hive.

**NO**) If you DO NOT want to participate in the airdrop, please send out a notification to your Steem-holding users to forewarn them that you will not be participating, so that they can temporarily withdraw their Steem from your exchange before the airdrop snapshot date, if they wish to participate in the Hive airdrop.

If at all possible, please let us know by **Thurdsay, March 19** if you will or will not be participating in the airdrop.

You can notify us by leaving a message on this post using your official Steem account, or you can contact one of our exchange liaisons listed below:
Gandalf (located in Europe)
phone:
David Jefferys (located in USA)
phone:

If we do not receive an affirmative response by ###, we will assume that your exchange doesn’t wish to participate in the airdrop.

### Note the Hive airdrop will only be performed on the current version of the Steem blockchain. Any "emergency hardforks" of Steem prior to the airdrop will not be eligible for the airdrop, only the current version as of this date of this post. Further, any exchange that participates in such an emergency hardfork prior to the airdrop date will not be eligible for the airdrop.

# Who is behind the development of Hive?
There are currently over 30 experienced developers contributing to the Hive ecosystem. Contributors will announce their participation on their own accounts.

# What has been put in place to prevent attacks from exchanges as was seen on Steem Blockchain?
In order to prevent takeover and SPS attacks, a 30 day delay has been added on crediting vests towards witness and SPS votes.

# What actions are delayed after powering up?
There is a 30 day delay after powering up for vests to be credited towards witness and SPS voting. For all other actions, there is no delay and vests are immediately available.

# Will all accounts be included in the HIVE airdrop?
All standard user accounts will be included in the airdrop with the exception of accounts that participated in the centralization attack.