Crypto Academy Season 3 | Beginner's Course - Homework Post for Task 1: [STEEM & TRON]

Hi Steemians,

I'm dhanux94. First of all, I would like to thank Professor @sapwood for providing the details. Your lecture was very important to me for this homework. I learned a lot about Steem & Tron.

I will answer the first of the three questions you mentioned. I also kindly invite professor @sapwood to check out my homework I did below.

1) What is PoB? What does curation mean to you in Steem Blockchain? What are the benefits of building SP? How do you explain self-upvote as a good or bad social behavior & why? Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM(screenshot required)? What are the different tokens?

What is PoB?

We have given every human being a creative mind by birth. So we create good quality posts. Those fascinating creations are socialized in the steemit because of the intelligent decisions of the individual. Users have the ability to share their posts on the steemit platform as they see fit. This process of brain testing or brain evidence is simply called PoB. This is a rewarding way to create original content. But when it comes to plagiarism, the steemit gets angry.

PoB is a combination of Authors and Curators. This allows users to add more value to content that is valuable considering the content. Only then will the fund be active. The reward distribution system is through the Benefit Fund, whose beneficiaries are moderators and content creators who receive 65% of PoB. In caring for a position, the trustee can influence the reward pool according to the weight of their delegation. PoB in the ecosystem is something that strengthens connectivity between users around the world.

What does curation mean to you in Steem Blockchain?

In Blockchain, the process of distributing the reward to the original owner of a valuable non-Plagiarism design is called curation. I didn't understand this in the early days of accessing Steemit, but as I continued to work on it I came to understand what curation is.

We can be a trustee by giving full weight and voting to others on this platform. You can also curate others and create a post. However, this is a rewarding process by giving value to the post.

We can look for better content and look at the original and vote and the person who casts the vote is the trustee. There are two options when voting. It is upvote or downvote. If you like good content, you can vote and if you don't like stolen content that doesn't comply with the rules you can give it a downvote. When curing, the Reward pool is directly responsible for the distribution of the reward. The size of our SP determines the prize to be distributed from the reward pool. You can vote as you wish. It has a size based on 100% for each user.

^screenshot

Up to 10 people can vote at once, and each vote reduces the value of your vote. In the percentage table below you can see how a percentage goes back to the reward pool for a reward in 5 minutes.

Time	Curation Reward	Return to Reward Pool
After 1 min	20%	80%
After 2 min	40%	60%
After 3 min	60%	40%
After 5 min	80%	20%
After 5 min	100%	0%

5 minutes after publishing a post, the curator will receive 100% of the upvote reward. This is how the curing process works.

What are the benefits of building SP?

The most important symbol in the steem ecosystem is Steem Power (SP). One of the advantages of increasing Steem Powers is the impact it has on us as users in the ecosystem and how their content can be impacted by doing the work of other users properly. There are advantages to increasing the steem power of the users.

Benefits

• The higher the steam powers (SP), the higher the curation reward.
• Has more impact on the community and content.
• Affects the survival and maintenance of the ecosystem and the community.
• As SP increases, we can delegate them for the community.
• Giving more weight to the ballot can increase the amount of rewards allocated for a position.
• It also affects PoB's reward distribution.
• Steem Powers have the potential to make a huge impact on the steemit blockchain.

We can get all the above benefits by increasing the steem power and it is better to increase the SP to work with steemit for a long time.

How do you explain self - upvote as a good or bad social behavior and Why?

Content posted on Steemit matures in 7 days and can be charged to the author and the curator. I think that action is better. It is a method of awarding prizes to all active participants in the process, including authors, trustees and witnesses, as the accumulated prize pool in the community's social behaviour allows for a linear flow between beneficiaries. So when everyone benefits equally when voting in favour, the default distribution is 50% and 50% between SBD, SP and TRX, which is half between authors and trustees. But in the ecosystem it feels more valuable if we can get an external evaluation if we can. They are also encouraged to join others.

Explore Coinmarketcap.com to indicate rank, STEEM price and coinmarketcap of STEEM?

At Coinmarketcap we can research the current and real value of the STEEM coin and see its value below.

Range - 183
Steem Price - $0.5731
Coinmarketcap - $222,134,999

^screenshot

What are the different tokens?

With the launch of the Steem blockchain and its socialization, we can now earn 4 tokens. These are different rewards that come after publishing a post. If they are,

1. SBD
2. SP
3. Steem
4. TRX

SBD - They are offered SBD for a post written by the author. We can also turn this into steam. In the Steem blockchain this is read as 1 SBD = 1 USD. This is a tradeable token.

SP - Something that cannot be traded. This is the most important token in Steemit because it has the most impact on the ecosystem. This is because increasing SP contributes to the building and maintenance of the steemit platform. That is why SP is retained. You can convert SP from SBD to Steem prices.

Steem - This is another token that can be earned by exchanging SBD.

TRX - This is another gift token for the post we publish. TRX or Tron is a native token of blockchain.

I hope that you as well as I will be able to gain a good knowledge by studying these first parts of the Steemit platform and my first homework on crypto academy. Again, I would like to thank Professor @sapwood for that.

Thank you😊