Steemit Crypto Academy Contest / S8W3 - Steem and TRX Integration

*Hello friends,

Today's topic has so many stories attached to it and I believe you would enjoy them because I am gonna give you them in detail, meanwhile I want to thank the team that selected my post of best last week. I remain grateful.

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What do you know about Steem and TRX Integration? What are its purposes?

The steem and trx integration was initiated a long ago, to me I would tag it as the new steemit era, this story I want to say might be strange to many but you gonna enjoy it. Initially, when steemit was created so rich folks took over steemit and messed it up by changing so many rules just in their favor, these rules would only benefit the rich and their friends leaving the poor with lower steempower powerless and suffering.

At this level so many users who couldn't join their gang were either ignored or left frustrated, this bad act touched our current CEO and Founder of Trx Justin Sun who tried his best to make steemit a better place for everyone but rich and poor. This rich gang fought hard to defeat him but with the help of God, his wisdom, and experience he defeated them. After defeating them he restructured every part of steemit including its reward system.

When I talk about the reward system, I mean he integrated his two biggest crypto project ( Steem and Trx), he did that by adding TRX to part of steem reward pay-out.

This is to say that before the Steem and TRX integration, users received only Steem, Steem Power, and Steem Backed Dollar. The Rich gang finally left steemit to form a low-class Blockchain I don't wish to call its name, the rest would be a story for another day.

What are its purposes?

The purpose of the integration of the two Blockchain platforms is to create a link and stronger relationship between the two communities, moreover, both platforms are led by the same Justin Sun.

The other purpose is to improve the rewards system of steemit, that's to say from now onward the reward if steemians can come in from different Blockchain. This diversity is awesome and it makes the reward system always lovely and amazing.

The other reason for this Innovation is to use both Blockchains to grow each other, that's to say steem Blockchain helps Tron Blockchain grow and Tron Blockchain also helps Steem Blockchain grow to its desired goal.

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What is the ratio of TRX tokens on our payouts? Also, give the history of this ratio (how it changed time by time).

The current ratio of trx token in our payout is Tron 0.5:1 steem power. Yea this is another important piece of information we are supposed to know but unfortunately, most steemians don't know about this.

The tron trx was initially set in a ratio Trx 1:1 Steem to all steemian. That's to say the equivalent amount of Tron trx and steem power is sent as a reward payout to all steemian whenever a post payout expires after 7 days, this ratio was used for years before it was recently changed.

For example in the current steemit payout where a $10 post gives 10 steem and 10 steem power, a user would have received 10 steem power but now things have changed.

Some time last month steemblog announced the slashing of Tron rewards in our post payout steem blogs post, according to steemblog it's now slashed to 0.5 Tron to 1 steem power.

To some it was good news while to others it was a bad news, but to me, i saw it as both a good and bad idea. It was bad because it reduced my income, but it was coo in the sense that it helps the Blockchain grow into a better one.

For those that don't still understand, i will break it down i would give an example. For example using the current steemit payout system where a $30 post gets 30 steem and 30 steem power, a user would also get 15 tron instead of the normal 30 tron.

This is the best I know about the Tron TRX and Steemit Steem integration, I believe I touch all part of the questions with suitable answers ☺️

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What are the ways to claim and withdraw the TRX rewards from Steemit Wallet?

There are different ways to claim your tron rewards, infact i would just say the are two main ways to claim your rewards on steemit.

The first:

When you click your notification bar, you at times see a pop-up message before the first notification.

This pop-up message would ask you to claim your reward, this rewards could be claimed just by clicking on the pop-up message, when the reward successfully gets claimed, you would see a message saying reward claimed

The Second:

This most famous method on steemit, this is the process of claiming your reward using the wallet page.

Step 1:
Visit the steemit wallet page, by clicking on the wallet link on your blog.

Step 2:
login in to the steemit wallet by inputing your active key and your username in the right box.

Step 3:
Click on the pop up message asking you to claim your reward.

Step 4:
Wait for the confirmation message that proof it was a success claimed.

Withdraw the TRX rewards from Steemit Wallet?

There are different means of withdrawal ones tron from steemit, everyone has their preferred manner of withdrawing tron

° Some Transfer to Crypto any exchange
° Some withdraw to External Crypto Wallet
° Some swap their coins
° Some perform P2P trade with other traders

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Some Transfer to Trx any crypto exchange

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There are so many crypto exchanges currently, some are centralized while others are decentralized exchange but the good news is that 90% of crypto exchanges accept the selling and buying of tron on their exchange because tron is a very popular coins.

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_{I transferred 34 TRX to a crypto exchange called roqque}

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So therefore some steemians just send it to their desired exchange by using a uniquely generated memo, wallet address and account name generated by the exchange. With the use of this details trx can be transferred from steemit to a user account easily.

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Some withdraw to External Crypto Wallet

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This is my favorite method of withdrawing tron, since i learned about this method on crypto academy last year, i never stop using it. If you are familiar with trin link you would understand where i am heading to.

Steemians me like linked our tron wallet on steem through the help of Tron Link app, this a tron based app that gives me permission to withdraw my tron, vote for Super Representative on tron Blockchain and also stalk my tron rewards cheaply.

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Some swap their coins

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Platforms like Swapspace won't hesitate to swapp your tron trx token to USDT, some user prefers this option as it helps the get then their desired asset, for example a user who desires to hold Bitcoin btc can just swap his or tron to Bitcoin.

This is nice because this helps reduce extra charges and expenses, without any long procedure your Bitcoin is bought.

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Some perform P2P trade with other traders

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If u don't wish to participate in any tron related activities like voting in super representative as governance, freezing my tron to get bandwidth and energy, stalking of tron trx and lending tron token i would use this method.

I would just go around ( group chats, meet friends, on social media platform) to find a buyer of tron trx and easily transfer the tron asset while the buyer transfer me my money with ease.

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Give a complete guideline on the best way to link an external wallet with the Steemit Wallet to claim TRX tokens.

Step 1 & 2:

Go to play store and download the app Tron link, after downloading click on the already downloaded app like i did 👇 below,. Wait for seconds for the app to load before you can start working.

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Step 1	Step 2

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Step 3:

After waiting for some seconds, you would be directed to a new page where you see create wallet, import wallet etc. So therefore click on import wallet as seen in the image below,

Step 4:
You would be asked to provide credible and personal security information, that would help the linking goes successfully, first of all you would be asked to input your steem account mnemonics or your private keys.

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Step 3	Step 4

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Step 5:
You would be required to add your username and also set up a password that must have an Uppercase letter, Lowercase letter, number and it must be at least 8 characters long.

Step 6:
Click on proceed, you have successfully imported account, just as i imported my new account called "Test". You would be directed to tron link home page where you would see so much features.

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Step 5	Step 6

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Have you faced any problem regarding TRX rewards? Also give your feedback on the benefits of this Integration.

My answer to this question is yes and i believe any steemian who was active 6 months ago would have same reply, when the change of the ratio of trx to SteemPower came to play newly it affected the distribution of tron rewards on steemit.

Initially, i started experiencing 1 week delay from tron rewards, later it changed to 2 week and later upgraded to 1 month delay before i saw my tron reward. We thought it was the worst until i didn't see my tron rewards for months, this left us all worrying until Steemcurator01 said in a comment that our trom would still come and we wouldn't lose any.

Because of the trust I have for steemcurator01 and steemit, I revived my hopes and kept believing until sometime this month all our tron rewards came at once into our wallet and i was so happy 😁😊. I also had another scary experience before i imported my tron wallet to Tron link, i lost so many tron accidentally by clicking a wrong link out of ignorance.

Also give your feedback on the benefits of this Integration.

The feedback have so far been good to me and the both Blockchain, it have made both Blockchain flourish fastly. I remembered tron used to be worth 20 naira when i joined steemit newly but now 1 tron trx is worth 50 naira on an average day, thats an amazing success rate for the tron Blockchain.

The integration has really helped reduce the sell pressure on steem Blockchain, because users like me prefer to sell my tron to run basic house activities then i leave my post on 100% power up and retain my club 100 status on steemit.

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Conclusion

The more such integration should be seen in the Blockchain world, this would help unite all well-meaning Blockchain and also help build a broader Blockchain community. Hopefully, steemit this integration would keep improving tron and steem Blockchain technology into a better one.

Thanks for going through starrchris care's ❤️

I am inviting my friends _{@kouba01 @malikusman1, @steemdoctor1, @simonnwigwe, @preye2, @lavanyalakshman}