Steem & Tron - Steemit Crypto Academy Season 5 - Homework Post For Task 2
What is pob What does your curation mean in stable block? What are the benefits of building SP? How would you describe yourself as a good or bad social behavior & why? Browse CoinmarketCap.com to show Steem rank, price and coinmarketcap from Steem (screenshot required)? What are the different tokens you get by socializing in steem fans? How do you use your Trx earned on the Steem Blockchain to optimize earnings in the TRON ecosystem?
1. What is POB?
Good friends, to find out what Proof of brain is or better known as the POB abbreviation, where crypto steemit beginners must already know what POB is, in detail POB is the accumulation of rewards from the entire post that has been done. Every post that is done will get a reward, and the reward is divided into four types of categories, where the writers will get 65% of the work, 15% for the holders of steem power, 10% for the witnesses (witnesses), and 10% for the steem DAO .
Every achievement of the content that we create will get an award that shows proof of the brain (POB). Then the content that produces good or bad works will be known independently by the Prof of brain from the brain to determine the results of the content we create. POB also records the work of the content that we create up to 65% of the award results from SP (steem power) or the results of voting and user discretion. We also have to know that each user has a special mechanism, where the mechanism is that each user can distribute (upvote) and redistribute (downvote) rewards from the results of the reward pool.
2.Meaning of curation?
What does your curation mean to the stable block?
Let's learn together, what is Curation. Curation is a process from the results of content that has been created by users, later the results of the content will be processed as a whole in its own way. To curate a post, curators must start with;
• Reading the posts that have been made by Siuser
• Check the source of the content to find out where the articles or posts that have been created come from.
• Checking for plagiarism, spam content and malicious content, because it will have a bad impact on the user, if there is such a thing, then the user will not get good results from the posts that have been made.
• If a curator finds a plagiarism post or finds something harmful, they will make sure they are tagged in their post to remind users to look into this situation and immediately correct the mistakes that have been made by taking appropriate action to get good results.
• every post that is liked by the curator, they can overcome it by giving upvote and resteem on the post. If every post has been resteemed, the fans and followers of the curator will be able to see it, and this will get more value for the content. Later all curation will lead to content discovery. The entirety of this process is known as curation. The reward from the corator is in the SP.
For further explanation, Post Payout will be in the default setting of 50% SBD / 50% SP, if Post pays. 50% of what you get is an author's prize award, and the other 50% is a curator's prize. Then the prize given by the curator will be divided into 25% SBD / 35% sp.
3. What are the benefits of building SP?
SP stands for Steem Power and Builded SP increases leverage on the blockchain. SP can be obtained; Entering steem to get more SP we can get sp when we post payout.
Benefits of building SP
Building benefits SP Building sp spot automatically TRX since the post payment ratio of SP and TRX is 1:1.
• Holding a certain number of SPs will entitle the user to participate in blockchain governance.
• Holding SP increases resource credits in such a way that users with higher SP will find resource credits replenished faster than users with less SP.
• Holding SP adds to the community building.
• The reward mechanism mostly favors people with more sp.
• Vested token holders get 15% of the total reward pool.
4. How would you describe yourself as a good or bad social behavior & why?
For me personally, self-upvoting is an act that is very disliked in some communities on the steem blockchain so self-upvoting is not justified if it is not necessary because this is a bad action for the views of some communities.
It doesn't matter my case seeing voting as a questionable social practice.
5.Browse coinmarketcap.com to show Steem rank, price and coinmarketcap from Steem (screenshot required)?
As published by CoinmarketCap.com. Currently Princess rating is #332, and the price of steem at the screenshot was taken was $0.4587. Hanceforth, the small emoji finger cap has been indicative of the current steem coin market.
6. What different tokens do you get by socializing on Steem Blockchain?
The tokens obtained in the Steem stage block are Steem, SBD, SP, and Trx.
• Steem can be obtained from Post Poutouts, SBD sales on Steem will participate in the contest. Steem is one of the most popular cryptocurrencies today, with a value in USD of $0.4587.
• SBD is also a crypto currency other than steem which comes with a USD value of $5.67. SBD is also traded for steem. The users also earn SBD from reward rewards on every post made.
• Whereas SP (Steem Power) acts as influence on the blockchain. It is obtained from post payments and steam power ups. SP (Steem Power) is also always accompanied by TRX during payments with a ratio of 1: 1.
7. How do you use your Trx earned on the Steem Blockchain to optimize earnings in the TRON ecosystem?
Please note that Trx is derived from the Tron Blockchain token, and currently Steem has entered Trx into its system. For users who want to use Tron tokens smoothly, users must download the Tronlink wallet application, then connect the Tron account on steemit to the Tronlink wallet application. With the tron wallet app you can use Trx to trade tokens similar to others and can make transactions in the TRON ecosystem.
Procedure Steps to download Tron Wallet APK:
When you want to download the Tronlink application, what you can do is go directly to the Google Playstore on your Android or iOS cellphone.
Then Prepare your wallet and click Continue.
Then Don't forget to save your mnemonic phrases.
Then you click on the Tron account link in the APK.
After you click the Tron account link, then you enter the private Tron key.
Optimizing revenue on the Tron EcoSystem
• TRX can optimize the supply of user liquidity to the justlend pool and also earn interest on earnings based on APY.
Flashing Image Testing by supplying 3 trx in its liquidity pool,
• you can also sell Trx to other tokens in the same family on Justswap very easily.
I tested justswap but the transaction failed due to insufficient bandwidth
• TRX can also be optimized by exchanging TRX for SUN on Justswap, and getting SUN-TRX LP which you can mine on SUN.IO. it also has one of the largest APY (74.2%).
Conclusion
With this homework and given problems, I can now find out what PoB is, meaning of curation, benefits of building SP, Self-upvotes, coinmarketcap.com and different tokens on the steem blockchain. So it can make it easier for me to do this.
It's all thanks to Professor @Sapwood.
Cc:
@sapwood
