Ray Alvarez
Reading time: 3 min
Date: 1st Oct 2020

ARK Announces Partnership with Hive — Exploring Solutions and More!

As we approach the launch of MarketSquare , we want to give our community an inside look at some of the partnerships we have formed. These strategic partnerships will not only help make MarketSquare the new homepage for the decentralized web but will also create inroads between ARK and other projects looking to build and collaborate together. Today we would like to introduce you to Hive.

Background on Hive

Hive is an innovative and forward-looking decentralized blockchain and ecosystem built on the Delegated Proof of Stake (DPoS) protocol. It is the first highly scalable DPoS blockchain independent of a central authority that addresses the problems of mass adoption and versatility of use. It utilizes three-second zero-fee transactions and is designed to store vast amounts of content and to make it available for time-based monetization.

Learn more about Hive at: https://hive.io/

Hive strives to be the perfect real-estate for existing and new dApps and ventures to build on. Cross-platform and application integration is inherently simple and well-documented on Hive and its first and second layer of plugins allow for streamlined functionality without undue complexity. Additionally, Hive recognizes that transaction fees are often one of the largest challenges to facilitating development and flexibility of use on a blockchain. Instead of requiring transaction fees, Hive uses a novel stake-based Resource Credit mechanism to create a fee-less model.

Hive also aims to overcome mainstream adoption shortcomings in blockchain technology and content publishing by improving their accessibility. To earn without financial investment, individuals partake in a wide range of activities. Those include blogging, participating in discussions, curating others, playing games and more; their limits are only constrained by their own imagination.

Since its inception, the Hive has steadily grown as an ecosystem. A large array of dApps, APIs and front-ends contribute to 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.

Just a few of the dapps, games, and tools available on Hive can be found here: http://hiveprojects.io/

ARK, Hive, and MarketSquare

When researching projects to partner with for MarketSquare, it was important to search for projects that focus on building, decentralization, and innovative use cases. We feel that the Hive fits this description perfectly and is looking forward to collaborating with them on MarketSquare.

As part of the partnership, ARK will be exploring possible integrations with the Hive blockchain for our suite of products.

As we add Hive to our growing list of MarketSquare partnerships, we are looking forward to sharing with you new developments regarding MarketSquare and our future partners.

Make sure to sign up for the MarketSquare beta to get access once the platform goes live: https://marketsquare.io

If you would like to learn more about Hive, you can check out their Website , Hive.Blog , Twitter , Instagram , & Gitlab