1. What is hiblocks?

Hiblocks (HIBS) is a type of token, but specific introduction information is not detailed in the provided search results. Here is the basic information about Hiblocks:

• Name: Hiblocks (HIBS)
• Type: Tokens
• Trading Platforms: Hiblocks can be traded on multiple token trading platforms, such as Binance and MEXC.

Since the provided search results primarily focus on price and market data, there is no specific information on the detailed introduction and technical features of Hiblocks.

2. Who founded hiblocks?

According to the provided search results, no information was found regarding the founders of the token "HIBS." The search results mention "Hiblocks” (HIBS) is a type of token, but do not provide specific information about its founders. Other search results are unrelated to the founders of "HIBS." Therefore, the founders of "HIBS" cannot be identified.

3. What venture capital invested in hiblocks?

According to the information provided, here are the mentioned venture capital investments related to the tokens:

1. Wanchain Blockchain Lab: Donated $500,000 to the Ethereum Foundation as funding to support the development of Ethereum before the Ethereum mainnet was launched.
2. Libertus Capital: Led a $7.5 million funding round for Sky Mavis, the parent company behind the NFT game Axie Infinity.
3. Blocktower Capital: Participated in the $7.5 million funding round for Sky Mavis.
4. Konvoy Ventures: Participated in the $7.5 million funding round for Sky Mavis.
5. Collab Currency: Participated in the $7.5 million funding round for Sky Mavis, with specific investors including Derek Schloss and Stephen McKeon.
6. Mark Cuban: As the owner of the Dallas Mavericks, participated in the $7.5 million funding round for Sky Mavis.

This information primarily comes from the article's description of the investment background related to Ethereum and Axie Infinity.

4. How do hiblocks work?

The operation principle of tokens

Tokens are a form of digital currency that uses cryptography to secure transactions and control the creation of new units. Here are its main features and how it operates:

1. Decentralization: Tokens are not controlled by any central authority or government. Transactions are peer-to-peer and anonymous, allowing for greater privacy and security.

2. Blockchain Technology: Tokens are based on blockchain technology, which is a distributed public ledger that records all transactions on the network. The blockchain is maintained by a network of computers and is difficult to alter or tamper with.

3. Encryption and Security: Tokens use advanced encryption techniques to ensure transaction security and prevent fraud and hacking.

4. Transaction Process: Transactions are broadcasted across the blockchain network and validated by participants within the network. Once validated, transactions are recorded in blocks and linked to the previous block through encrypted hashes, forming an immutable chain.

5. Farm; Mine: The creation of new blocks is achieved through the Farm; Mine process, where farmers and miners solve cryptographic equations to create new blocks and add them to the blockchain. As a reward, farmers and miners can receive a small amount of tokens.

6. Wallets and Storage: Tokens are stored in digital wallets, where users can conduct transactions and manage their crypto assets.

In summary, tokens enable a secure, transparent, and decentralized transaction process through blockchain technology and cryptographic algorithms.