Steemit Crypto Academy Contest / S14W1 [SUMMARY]: Plasma Chains

Introduction

Hi Steemians,

I trust you're doing well, and your week has been rewarding. Today, our primary focus is to offer a detailed recap of the competition conducted from November 27 to December 3, 2023, marking the first week of the Steemit Engagement Challenge in the fourteenth season. The event unfolded seamlessly, and credit goes to the exemplary professionalism demonstrated by our academy members, contributing to the overall success and smooth execution of the competition.

In essence, this report aims to furnish a comprehensive overview of the data and feedback gathered during this time, specifically concerning your active participation in the competition organized by the Steemit Crypto Academy community. The primary objective of the competition was to evaluate and gauge your knowledge within the expansive realms of cryptocurrency and blockchain technology.

During the inaugural week, the competition revolved around the intriguing theme of Plasma Chains. Participants were encouraged to delve into this subject, exploring its nuances and implications within the crypto landscape. Now, let's delve into the specifics and further expand on the experiences and insights gained throughout this engaging event.

In this competition, our valued participants were assigned the following tasks:

• What is a plasma chain in the context of blockchain? And how do plasma chains help solve blockchain scalability issues?

• What is the main difference between a plasma chain and the main blockchain?

• Are there any concrete examples of applications or projects using plasma chains successfully?

• How could the potential integration of plasma chains on the Steem Blockchain influence the speed of transactions and associated costs?

• Are there any plans or discussions within the Steem Blockchain community regarding the exploration or implementation of plasma chains?

We were genuinely pleased with the caliber of the content submitted in the entries, a testament to the participants' dedication and expertise. Notably, some contributors were entering our crypto competitions for the first time, and this inaugural challenge served as a significant stepping stone, offering them a valuable introduction to our platform and community. The diversity of perspectives brought by these newcomers added richness to the overall competition experience, showcasing the inclusivity and welcoming nature of our engagement initiatives.

As we reflect on the success of this competition, we're excited about the prospect of unearthing more talent in the upcoming seasons. The participation of newcomers has not only broadened the pool of contributors but has also highlighted the potential for continuous growth and evolution within our community.

Without further delay, let's now delve into the statistical insights and expressions of gratitude, shedding light on the quantitative aspects of the competition and extending appreciation to all participants for their valuable contributions.

Participation statistics

We received a grand total of 15 submissions for the contest, and thankfully, there weren t any instances of entries deemed invalid.

Total number of entries	Invalid entry	Plagiarized content
15	0	0

_{Performance Distribution}

_{Score Distribution}

In the assessment conducted for this week, it was noted that 4 submissions earned an Excellent evaluation, accounting for 27% of the total entries. The largest portion of the entries, comprising 73%, received a Good rating, marking the highest score attained. Furthermore, There weren't any particular posts that was flagged as either Invalid or containing plagiarism.

Top 3 users of the week

In our selection process, we initially assessed the quality of participants' performance, giving priority to their interactions with fellow contestants.

When choosing the top 3 participants, we considered both their performance scores and their interactions. Additionally, we made a distinct selection based on an article that provided exceptional content relevant to the topic of discussion. Below, you will find the top 3 users we have acknowledged for this week.

Ranking	Username	Article
1	@abdullahw2	Link
2	@hamzayousafzai	Link
3	@steemdoctor1	Link

Perspectives

We want to express our sincere gratitude for your consistent and dedicated participation. Congratulations to all those who have secured top positions this week; your hard work and commitment are truly commendable. It's inspiring to witness the high standards of quality and engagement that each of you brings to our competitions.

As we move forward, we encourage you to continue fostering a spirit of collaboration and excellence among your fellow participants. Your contributions not only elevate the overall experience but also contribute to the vibrant community we aim to cultivate.

Looking ahead, we are excited about the prospect of your continued involvement in our future contests. Your enthusiasm and dedication play a crucial role in making our competitions successful, and we value the positive impact you bring to our community. Thank you once again for being an integral part of our journey, and we can't wait to see your continued success in the challenges that lie ahead.