The most-popular Steem DApp has moved to Hive, resulting in daily Hive transactions overtaking Steem for the first time.
As a result, the number of daily transactions on Steem has fallen by a third to drop below Hive’s for the first time. Hive is a community run fork of Steem, set up following the purchase of Steemit Inc by Tron founder Justin Sun.
“This presents a huge, and unacceptable risk to the game. We cannot continue to operate on a chain where the changes aren't public and we are not given adequate time for testing and review.”
Steem’s top game moves to Hive
Splinterlands announced the successful migration on June 2, encouraging ‘Splinterlandians’ to rejoice amid the move. The decision appears to have been positively received by many of the game’s players, with some users anecdotally reporting improved performance following the transition.
According to DappRadar, Splinterlands has more than 4,872 active daily users and 5,560 weekly users. The game has produced nearly 788,400 transactions over the past seven days — indicating that the migration has not impacted Splinterlands’ user base.
Splinterlands migration drives down Steem transactions
Data published to Hive-based decentralized blogging platform PeakD on June 3 indicates that Splinterlands’ move to Hive had a significant impact on the number of daily transactions taking place on Steem, which fell from nearly 600,000 to less than 400,000 amid the migration.
Daily transactions on Steam: PeakD
As a result of the corresponding spike in Hive activity, transactions rose above 400,000 — overtaking Steem for the first time.
Daily transactions on Hive: PeakD
Hive’s token is also outperforming that of Steem, with HIVE currently changing hands for $0.246 while STEEM is trading for $0.207.