Steemit Crypto Academy Week 7 Taskfor Professor @sapwood || Steem Blockchain(Inflation, Recovery Account, Encrypted Message)

bluesdl (57)in SteemitCryptoAcademy • 3 years ago (edited)

Hello everyone. I really happy again at the Steemit crypto academy in attendance of the week 7. This is my first homework for Professor @sapwood. I will always try to participate in all the upcoming homework's.

Definite Rewards

Rewards always makes you happy. Steemit is a great platform when user share their post they gets reward for their post. However, Users not get all the reward. the reward are divided. Rewards also given to those who give.
The Vested Token Holders are rewarded with 15%, the consensus witnesses received 10% and the Steem DAO are given with 10%.According them The Vested token Holder received 15% without performing any role.

Task-based Reward

SO we know definite rewards take total 35%(15+10+10) reward and the rest of 65% rewards are contains by PoB Reward Pool. This reward divided into two way. One portion get the content creators called authors and other portion received by voters.

how important it is for me to build your SP in the next 10 years

The recent study show that the inflation rate is being decreased by 0.42% yearly and it will be continue. We know the Vest Token Holders (SP) get 15% reward without doing any task. So it is important to build SP. If i have good amount SP i will get reward without doing any perform.

How hard it would be to Earn STEEM rewards after 2031

It is clearly seen from the professor’s analysis that The Vest Token Holders (SP) will be in the great benefit in the future after one decade 2031. In 2031 the award will be 2.276 steem per block. It clearly represent that how difficult would be to Earn STEEM rewards after 2031. The steem and inflation rate gradually decline .But fortunately Who have SP it is not difficult for them.

source:

From the chart we see the inflation rate decreases from 2021 to 2031 and so on till 2037. New steem also fall with inflation rate. The figure 2.866 in 2021 and minimum is about 0.708 in 2037.In the year 2037, the decrease in the inflation rate will become stable and saturates at this point.

Account Recovery

First go to this link (https://steemscan.com/)
Then click the search option and write the account name .
Here easily find account recovery.

However we need he previous master key/password to recover account. needs to recover hacking or stealing account within 30 days. Because after 30 days account can not recover.

How to send the encrypted messages

first go to wallet .then select steem transfer option.

then fill up the account name ,money amount an messages.

You can easily send encrypted messages to anyone. For send the encrypted messages, just login to wallet with your Master or Memo key.