Good day everyone and Asallamualaikum professor ,

I am very delighted to be part of this wonderful lecture and on the topic on decentralized and centralized social media. I will like to thank our noble professor @yousafharoonkhan for that wonderful lecture.I really enjoyed and learnt a lot so am kindly here to present to you my work.

DECENTRALIZED SOCIAL MEDIA

Decentralized social media is a social media which does not involve any authority on it platform for it to be controlled.So it simply means those using this social media gets the chance to do whatever they want.with this social media, every single account details are made to be known by users only and not to any authority anywhere.It also allows new users to register free without any charge and accounts can be used forever without you experiencing any blockage of your account.Steemit is an example of a decentralized social media because your accounts will not be blocked and account details to will be known by only you.This makes a decentralized social media platform secured a lot.

CENTRALIZED SOCIAL MEDIA

Centralized social media is a type of social media which on its platform is been managed by an authority. Users over here are been controlled by the management of the platform.Users cannot do anything they want on this platform because the management of the platform checks in all the time which makes users lack what is known as freedom.On this platform to users accounts are usually blocked when there is a mistake on your account.I can say it is just an opposite of a decentralized social media platform.Examples of Centralized social media platforms are: Instagram, Facebook and many more.

DIFFERENCE BETWEEN DECENTRALIZED SOCIAL MEDIA AND CENTRALIZED SOCIAL MEDIA

Below are some of the differences I have listed below:

1.In decentralized social media there is freedom to do anything you like on the platform but with Centralized social media it is manage by authority which there is restrictions to certain things

2.In decentralized social media,the users account is been protected but with the centralized social media protection is very low which make hackers hack into others accounts.

3.In decentralized social media it is not manage by any authority but with centralized social media it is manage by an authority.

4.In decentralized social media rules are governed on their own but with the centralized social media it is governed by it website.

5.In decentralized social media accounts can’t be blocked in any way but as for centralized social media accounts can be blocked when there is a mistake in accounts.

I want to add more light to this, in decentralized social media there is a chance or freedom to post anything of your choice without any kind of restriction. No rules are governed as to how your documents or anything else should be posted. A very good example is this great platform ‘STEEMIT’. You can post anything of your choice in any community without management restricting you from anything but with the centralized social media, you can only post something per the rules of management and not just anything at any time. It is controlled by an authority as we said earlier on so do anyhow your accounts gets blocked.A good here is Facebook when you post anything or do any settings above the rules your accounts will be blocked immediately.

And also with security, a decentralized social media has a tight security and always been protected from hackers which makes hacking reports on this platform minimum but as for centralized social media hackers hack into users accounts so easily which makes them get reports of hacked issues day in and day out.

THE FUTURE OF SOCIAL MEDIA (DECENTRALIZED OR CENTRALIZED)

Looking deep into these two social media types very well, I will say there is a high probability for a decentralized social media to be a very good social than that of centralized social media in the near future. Am saying this because in a centralized social media management or authority has the key to any of their users accounts so whenever users mess up or do not follow rules and regulations accounts get blocked but with the decentralized social media, it does not work in that manner.

And also in a decentralized social media business are posted and handle well by users on the platform which makes a lot of business out there grow smoothly because there is no hand in any authority but as for centralized social media, authority are made in charge to handle businesses on when or how it should be posted. This makes a lot it of businesses moves slow and even end up collapsing.

From my look of things, theses are the keys points I have raised and I will like to say in the near future a decentralized social media will be very good than the centralized social media.

WHY STEEMIT DECENTRALIZED SOCIAL IS FAR BETTER THAN THAT OF FACEBOOK AND TWITTER

Below are some of the reasons why I think steemit as a decentralized social media is far better than that of Facebook and Twitter.

Firstly, steemit platform give way for all users to post anything of their choice without any authority from stopping them if only the post has not been copied from anywhere. But with these two centralized social media which is Facebook and Twitter, before you post anything you must abide with their rules and regulations governing it cause when you don’t do so your accounts can be blocked by the management.

Secondly, Steemit decentralized social media lets its users makes a lot from their post especially when it is a good one for your suffering not be be in vain. But as for Facebook or Twitter platforms, you post something meaningful but you will not be rewarded on that post which makes it users not to earn anything from their posts.

Again, Steemit platform helps it users to explore a lot in every aspect you can think of which include having knowledge on bitcoin, football, foods and many more. The user gets the chance to learn a lot on many new things. But as for the Facebook and Twitter Centralized social media yo can a hoot gain any knowledge on their platform.

To end , it also add value to the users standard of living because when one post an article or something and at the end he or gets something it can be used to solve his or her problems but as for the other two centralized social media which is Facebook and Twitter nothing is gained for you to use for your own need even when you post and post.

HOW STEEMIT SOCIAL MEDIA HAS CHANGE THE LIVES OF ITS USERS

Steemit social media as I say has really changed a huge number of it users world wide. In terms with the rewards they gain day in and day out is redeemed as steem dollars, then from the steem dollars it will be traded in the market for you to get your steem and this steem is what we trade again in the crypto market to get your cash been paid to you. So this makes many users on steemit to make money a lot when good posts are made to solve problems.

I can also bear witness that when you are really determined and you join steemit social media, your life is really going to change a lot.Am putting myself as an example: I now do many things on my own without anyone’s help but at first when I wasn’t into Steemit I would have asked people for help one after the other till I get my savior.

This platform is also reliable in such a way that you don’t need to know much about before you can register and make money from it, just know the aspect of life in which you think you can fit in then you join that community and post items concerning it and when they are good in no time you will be making money.

HOW MONEY IS MADE WITH STEEMIT DECENTRALIZED SOCIAL MEDIA

Frankly speaking, to make money on steemit is not all that easy you really need to work very hard to achieve what you want.For me I have been able to make a lot of money on steemit social media in so many ways. Below are some of the procedures I have followed to make up that amount of money:

To start, I will say am a creative person so I mostly create good works in each one of the communities I have subscribed to. And most at times when I do so my posts are been upvoted by the steem curators which gives me the money especially when work is not copied from any source.

Again, I mostly get my rewards a lot by posting good works on different communities and not sticking to only one community. Sometimes when you put yourself in only one community you end getting less money but when you post good works on different communities, at the end of the day you get to know that you are making huge amount of money from every corner.

Also letting the world know where my talent is let’s me to also make some cool because sometimes I sketch and share it on a community which is known as stock photos and mostly when this sketches are so nice I make a huge amount of money. I also take part in many contest and assignment which I make a lot of money to from. So I will like to advise you to know where you are talented at and fix yourself in that community.

With all that I also have a verified Binance account where I trade in Dogecoin as a crypto currency and when it rises I sell the profit which helps me to even make more money

HOW A COMMUNITY IS CREATED ON A STEEMIT SOCIAL MEDIA

Before you begin with this operation,you must make sure you have at least 3 steems in your wallet.

After that you can go on WTG the steps below.

1.Log In into your steemit account.
The interface of the website shows then you click on the steemit logo at your top left hand corner.

2A pop up menu will appear then you click on all post.
You will then see explore communities then you click on it.

3.A menu will appear then you click on create a community.

4.Kindly type the name of your community and also type what you are willing to see and do on that community.
When you done click on next.

5.Another menu will appear and on this menu you will be given your owner name and password then you kindly save it.Below the password you will see a small box then you click on it.
When done then you click on create community.

6.Click on ok if you have up to 3 steems to continue the process

7.Click on get started to continue

8.Over here your community is created successfully.

CONCLUSION
In brief, I will like to say I really enjoyed the lecture a lot and I can say this lecture was one of the great lectures for this week. I also learnt a lot especially on Decentralized and Centralized social media.

Thank you very much professor @yousafharoonkhan for that wonderful lecture and May Allah be with us and bless us all.