Hive Vs. Steemit: Which Blockchain-Based Blogging Platform is Good

[Jasmine]

If you have been blogging for a while, you might have heard of Steemit and Hive. Even if you have recently started blogging, you probably have herd of Hive even if you don’t know Steemit because hive is a popular platform for blogging.

Steemit and Hive both are blockchain based blogging platform. Hive is Decentralized blogging platform means a blogging platform without central authority, a blogging platform that is powered by blockchain, and a blogging platform that is completely owned by the community. Seemit is blockchain based blogging platform but is is owner by a private company, which operates a crypto coin called STEEM.

As a blogger and writer, you can use both, Hive and Steemit, to publish, share, and earn. You can try both but perhaps you want to know which one is more profitable.

Hive.Blog: Hive is a crypto token, Hive Blog is a blogging platform where you earn Hive token. You earn Hive token when your publish posts and leave comments. You don’t directly earn for publishing though, you earn some percent of the earnings when you upvote post. .

Steemit: The blogging platform steemit is powered by STEEM, a crypto coin. You publish and curate content on Steemit and earn STEEM through upvotes. The current value of 1 STEEM is about 39 cents. The all time high price of STEEM was $8.57.

 

[Mika]

A couple of years ago, Steemit was very popular. A lot of people were joining the platform and a lot of people were also earning Steem tokens and wee exchanging tokens for fiat currencies. The platform was really good and people could earn from upvotes. If you wrote and publish good articles and if you were active users upvoting your fellow writers, you could earn really well. However, there was a slight problem with the site. The password you created while creating your account was unrecoverable. The passwords were just like the keys of your crypto wallets and you had to save the keys separately. If you lose your keys you cannot recover your wallet, and the same was the case with Steemit. A lot of people did not understand this while registering, therefore, they lost access to their accounts. Another problem with the site was earnings were dependent on upvotes and people were creating multiple accounts in order to manipulate upvotes. People were also upvoting every article they saw on the feed in a hope that they will be reciprocated with upvotes. This lead the site to tighten the rules which made earning impossible for normal users. These days we don't hear people talking about Steemit.