Steemit Crypto Academy S5-[STEEM & TRON] - Task 02

(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 do you earn by socializing in Steem Blockchain? How would you use your TRX earned in Steem Blockchain to optimize earning in Tron ecosystem?

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The steem blockchain has a rewards fund where content authors and curators can be compensated. In order to disperse these benefits, the method known as POB (Proof of Brain) is used in steemit. Its name comes from the fact that the revenues are generated by the users' intellectual production through their publications and comments; similarly, when voting, only those publications that satisfy the best criteria for unpublished and original content are displayed.

I believe it is critical to maintain the authors' benchmarks of knowledge creation and creative thinking by conducting an extensive review of the content to ensure that it is not the result of plagiarism, for which the conservators serve as jurists who, after analyzing and validating the validity of the information, vote. The operation of the POB is understood by everyone of this compilation of wisdom and intellectual creation, the action of the vote, and the weight of each user's vote based on their accumulated steem power. The brain exam, in my opinion, encompasses not only the publication of content but also its healing and the differentiation of good content from not-so-good, even bad or negative content.

What does curation mean to you in Steem Blockchain?

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Curation, to me, is the concreteness of the effort being put into in the creation of large subject matter that is fascinating to read and remark on; this effort is compensated thru the votes and prizes by both custodians and societies, as well as the relax of the users; the higher the quality of manufacturing, the better the likelihood of receiving the cure and thus being able to grow within the blockchain. Curation suggests that information is good and fascinating, and that by becoming increasingly visible within a community and ranking among the top, it might climb to the category of trend. Healing also offers more prestige and the opportunity of improving your steemit reputation.

Once we conduct selection on other articles published, this is because it is noticed that now the publishing conforms the with requisite publishing styles (format) and displays great writing, coherent and organized ideas, communicates an interesting message, and most importantly, new material which is not tainted or plagiarized, therefore it goes the brain test and deserves to be supported with a vote, comment, or resteem, indicating to the rest of the users.

What are the benefits of building SP?

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As I previously stated, earnings and prizes deduced from publishing can be in steem, Steem dollar (SBD), trx (token tron), and Steem Power (SP), both of which we can achieve by trying to redeem our Steem doing Power up (on) and thus increasing its value, which will eventually grant greater influence within the blockchain, then the voting power will increase and your account will acquire greater value, as well as by voting on the publications you choose. Among some of the advantages, it is worth noting the capacity to create societies, start making delegations to your community, and become a mediator in it; it also allows you to accrue crypto in the form of steem power, which you can expropriate in the medium to long term by doing power down (the process of converting SP into steem) as according your needs; and it also allows you to accumulate crypto in the form of steem power, which you can liquidate in the long or medium.

How do you explain self-upvote as a good or bad social behavior & why?

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Since the beginning of my time on Steemit, I've viewed the vote as a sort of recognition for high-quality content, as well as a tactic for interacting with other users (as a like). Then, as part of my community achievements, I learned about the vote in favor, which appears to be a very excellent thing because the notion is that the rest of the users are the ones who dictate your content and decide to support them through voting. I believe it is an ideal strategy to encourage platform users to strive to create better and better articles for the enjoyment of readers. The behavior predicted to earn healing rewards and preserve engagement among members of diverse groups is voting in favor of positive articles.

Professor Sapwood explains that voting in favor means that another quantity will seem so in the box payment of the lower part of the publication, which is subject to the weight of the bet (SP) and the weight of the vote, and that when voting in favor, a certain amount will appear in the box payment of the lower part of the publication, which is subject to the weight of the bet (SP) and the weight of the vote. As a result, the prize will be split between the author and the curators, and it will be reflected in the publication that received the most votes and is beneficial to everyone.

Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM(screenshot required)?

Coinmarket is one of the most prominent websites on the internet for tracking or checking the prices of various crypto assets; the first step in learning about the coin market is to go to https://coinmarketcap.com/es/currencies/steem/. There, you may see the price of Steem in real time, as shown in the screenshot below.

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A few minutes later, we can see that the price of Steem has already changed; this is because, as I previously stated, the price is regularly updated in real-time, depending on market behaviour.

By glancing in the middle of the main page and selecting the market cap option, we can see the behaviour of market capital over the last 24 hours.

According to the above chart todays steem price is $0.4404 with a 24-hour trading volume of $24,076,749.46. We have updated our STEEM price to USD in real-time. Steem is uptrend 4.18% in the last 24 hours. CoinMarketCap's current ranking is #341 with a market capitalization of $166,272,397. It has a circulating supply of 394,951,699.00 STEEM coins and the maximum supply is not available.

What are the different tokens do you earn by socializing in Steem Blockchain?

Steemit, like others, is a decentralized blogging platform where users may publish articles and information. This platform is unique in that it rewards users for their contributions with multiple tokens that can be redeemed for each other using the Steemit wallet, Tronlink, or exchanges (polonix or binance for example)
These are the following:

• Steem
  It is the primary token obtained through blockchain socialization. It is the platform's currency, which can be swapped for Steem dollars or transformed into Power Up. It can also be moved from one account to another or exchanged for local cash, allowing you to spend your profits on goods and services.

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• SBD (steem dollars)
  It can be exchanged for steem or local money. We can use our internal exchange to convert it to steem, and we can use an external exchange like Bittrex or Upbit to turn it into any asset.

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• TRX (Tron token)
  This is the Tron token, which you can earn by socializing on the Steem blockchain; for each steem power you gain, you get a Trx (1:1 ratio). On December 2, 2020, this cryptocurrency was added to the Steemit platform.

How would you use your TRX earned in Steem Blockchain to optimize earning in Tron ecosystem?

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To make the most of my TRX winnings, I can send them to my Tronlink wallet to obtain bandwidth and energy, which will eventually allow me to perform transactions in the ecosystem, allowing me to purchase additional tokens and cryptocurrencies via decentralized dApps (Sunswap for example). I can also freeze my TRX, which entails crypto locking for a period of time, preventing trading or selling until it thaws, thereby strengthening the ecosystem.
Betting is another way to make money by holding cryptocurrencies and enabling the blockchain to set it up. Any of the aforementioned activities would maximize TRX's revenues by putting it to good use.