Steemit Crypto Academy Contest | S10W1 -: Resource Credits Vs Bandwidth
I hope that you all will be great by the blessings and mercy of Allah Almighty and enjoying beautiful days of your life.Welcome Today I am here to participate in the Steemit Engagement Challenge S10W1 in Steemit Crypto Academy for the first time.The topic for the Challenge is Bandwidth Vs Resource Credits.So lets start the deep discussion of the topic....
Bandwidth is an important term in the Blockchain system it Actually tells about the rate at which the data in the Blockchain system is transmitted and processed. It is the capability at which different transactions and processings of the data takes place.It is an important aspect of the blockchain system that determines the speed , effeciency and stability of the network.
For the proper working of blockchain system bandwidth is an important concept It determines the security system and different data processing on the network that helps to improve the scalability capacity and overall performance of a blockchain. The independence of bandwidth may be on the infrastructure of the blocks in system or different consensus protocols.
Some important points related to the bandwidth are that In any blockchain system bandwidth tells about the speed at which data can be transmitted in different nodes the data can be the concept of sending and receiving transactions, updating system or the propagation of information in the whole network.If a blockchain has high bandwidth network it means that it can process a large number of transactions or data that maintains the efficiency of the platform by the activeness of participants and increase in transactions.
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Scalbility of the network is closely related to the Bandwidth of the network such as scalbility of the network also handle with the number of transaction and participations in any blockchain. A significant amount of bandwidth is really important to maintain the performance as well as also associated with the scalability.
Bandwidth effects the speed at which nodes communicate with each other and exchange information. Lower amount of bandwidth results into the delay of network congestion and other technical issue.Higher bandwidth also lead towards the low latency that results in faster transactions and better experience.For the maximum bandwidth of a blockchain infrastructure factors such as network hardware capabilities and connectivity of Internet should also considered.
Some factors that effects the Bandwidth are the Network Infrastructure,Data Encryption and compression techniques,Network congestion etc.
Steem blockchain is decentralized platform that allows user to share their content. We will be able to share the content by utilizing resource credits so for the posting commenting and voting RC or resource credits are important component. Resource credits are allocated to the users on the platform according to their steem power(SP). If a user have more steem power there will be more resource credits in his or her account.
When we perform different actions of voting posting or commenting on the Steem blockchain specific amount of resource credits are utilized the resource costs is not specific it fluctuate based on the demand of network resources. When a user perform any action these specific amount of RC that is allocated is deducted or minimised from the pool the consumption of RC or resource credits depends upon the complexity of work or task that we perform.
The amount of RC utilized is also regenerates in specific period of time. The process of regeneration depends upon the steem power that a user have, the users with high steam power also got their RC regeneration in faster rate. The presence of RC is an important factor for the blockchain because it helps the users to avoid from the misuse of their accountability. So that users should be able to utilise there resource credits in a mannerable way that helps to prevent the spamming and abuse on the platform.
There is also market present for the RC allocation If a user have RC then he will be able to buy it from the resource market on the other hand the people have more RC can also sell it. The value of RC is not fixed and grow with time as we increase our SP by power ups.
So resource credits on the same blockchain are important components that allows user to perform their activities on the basis of RC allocated to their account that also keep increasing with our Steem power.
Some major differences between the bandwidth or resource credits I have shown blow in the table.
| Bandwidth | Resource Credits (RC) |
|---|---|
| It helps to measure the rate or data capability of the account | It helps to measure the resource utilisation of any account. |
| There are two types of bandwidth such as Available bandwidth and Reserved bandwidth | It do not have any type |
| It controls the rate of data processing such as transactions and posts and comments. | It Controls the complexity and resource intensity of actions that are performed |
| The Transactions that are performed utilizes the specific amount | RC is also minimized when any action such as voting, commenting and posting takes place |
| Bandwidth of the account cannot be transferred or delegated to other accounts | RC om the other hand can be delegated or temporarily granted to other accounts |
| Bandwidth determines speed at which actions are takes place on the blockchain | It Determines the ability to perform actions and engage with the platform |
Bandwidth or resource credits both are important component for any blockchain to work properly. Bandwidth is important to maintain the scalability and performance or infrastructure of the blockchain while resource credits are important to help the user command post and engage with others.
So in this question I will share step by step guide that how can we check the resource credits of our account. Resource credits are important component for the users to post comments or vote on any post. We can check our RCS on different sites here I have used the Steem world for checking of RCs.
We can use different sites such as Steemdb, steemworld,steem.one and aslo some others.
First of all I have access to this Steemworld website and click on the dashboard that was the first option.The Screenshot you can see below.
After clicking on the dashboard sign into your account and then on the main page you can see your present RCS. My RCs is 100% as you can see below in the screenshot.
So you can see that my present RCS is 100% that is 132,017,795,402 RC and it is also dependent on the steem power if we have more Steem power than there will be more RCS of our account.
Bandwidth and Resource Credits both are important components for the Steem Blockchain .Bandwidth tells about the capability or rate of the transactions or processing and Resource credits are actually resources of our capability to vote , comments or post.
So that was about the topic. I hope that you will like the post and encourage me to create more good content and also support me.
I would like to invite @kouba01 , @pelon53 , @chant to participate in the contest
Thank you, friend!
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Greetings
Dear brother you have explained the topic very well and give a clear description about the bandwidth and resource credits. you answered very well what is the bandwidth and how useful in that transmission to data over a time period. you made a clear discuss between resource credit and bandwidth.
overall you made a good efforts.
keep it up
Thanks for your valuable feedback.
Its my pleasure if i gain something from my fellows post.
Assalamualaikum bhai jan.
Sab sy pehly to me apka shukria ada krta hun k apny meri invitation ko accept kia or crypto academy me pehli bar post krny ki bohat achi Koshish ki ha.
Me apki post ki jitni tareef kru utni hi kam ha ku k apny diye gay har sawal ko intahai khubsorat andaz me biyan kiya ha.
Apny bilkul durust kaha ha k Bandwidth kisi bhi blockcahin ki scalability py bhi asar krti ha magar hamy ye bat lazmi zehan me rakhni chahiye k scalability ko effect krny waly or bohat sy anasir hain.
Khair, me apki taraki da duago hun or umeed ha k ao any waly waqat me apny keemti time me sy kuch time nikal kr crypto academy me active rahy gy.
Good luck 🤞