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description: Understanding the Web Hive!
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# What is Whive

**Whive** (short for **Web Hive**) is a blockchain platform designed to promote eco-friendly **Distributed Energy solutions** through a trustless reward system. Using the **Yespower algorithm**, Whive supports **CPU-based mining** over power-hungry GPUs and ASIC devices, making mining accessible to a wider audience while aligning with sustainable energy practices, particularly in regions rich in renewable sources like solar energy.

**Built on Bitcoin Technology**: Whive's foundation is based on Bitcoin’s established blockchain technology. It inherits the **security and reliability** of Bitcoin's codebase while optimizing for CPU mining. This ensures a more decentralized and energy-efficient network, accommodating a broader range of participants. By utilizing Bitcoin's innovations, Whive benefits from ongoing improvements in blockchain technology while pursuing its mission of promoting decentralized, CPU-friendly, and sustainable mining practices.

**Whive Coin ($WHIVE)**: Whive also represents the native cryptocurrency of this ecosystem, **$WHIVE**. This coin serves as a means to engage with the Whive network, rewarding users for mining, validating transactions, and building applications. **$WHIVE** facilitates transactions within the Whive ecosystem, promoting **decentralization, inclusivity**, and supporting Whive's goal of creating a fair and sustainable blockchain system.
