STEEM & TRON - Steemit Crypto Academy Season 4 - Homework Post for Task 2

in SteemitCryptoAcademy3 years ago
Greetings everyone
Today I would like to present my homework task for @nane15 ,Without wasting much time I would like to begin my work immediately.

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1.) What is PoB? What does curation mean to you in Steem Blockchain? What are the benefits of building SP? How do you explain self-upvote as a good or bad social behavior & why? Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM (screenshot required)? What are the different tokens do you earn by socializing in Steem Blockchain? How would you use your TRX earned in Steem Blockchain to optimize earning in Tron ecosystem?


WHAT IS POB.


Proof of brain is the short form of POB,It is also an appliance usually utilize in the steemit community,The steemit community is a general community where users are free to join anytime without restrictions,The POB help to keep all the transactions details forever that is it cannot be lost ,All your transaction details are there forever and you can also check them anytime.The POB is all about users writing about a good and creative content from their own knowledge and understanding without picking anything from other source.The POB helps to reward all the users who are posting good content from their own words and to avoid being plagiarized.Each time a user tries to post good content he or she might get a reward in a form money,When you come to the steemit community users are usually rewarded with steem power,Steem dollar and Tron.Users may get all this rewards from producing a quality and creative contents after they are curated ,Don’t forget the POB do not reward users who feel lazy to create their own content but rather spin on other content to be presented as theirs,You can get banned or your post will be muted it is not tolerated in the steemit community.

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2.) What does Curation mean to you on Steem Blockchain?


Curation: In short words it simply means curating all the users who are creating quality and creative content in a form of rewards such as steem power,steem dollar and Tron.

In the steemit community users who have been voting on others posts that was curated might also be getting some payout once the users 7 days payout is reached,Users who vote on others post are usually known as curators,The main function of these curators is to check through the users post to be original and not from other source and also check the creativity of the users that is the POB,After all this the user might get some upvotes from the curators when they meet the appropriate criteria for their post.When curators curate a post they also get some reward from the post they have curated that is 50% to the curators and also 50% to the authors of the payout,The curation also encouraged other users to produce quality contents to also get some upvotes.

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3.) What are the benefits of building SP?


Building steem power is of the following benefits.

  • Whenever a user vote on a post it is usually exactly the corresponding to the total amount of steem the users has in the account,That is the higher your steem power the greater your vote power and also the lower your steem power the smaller your vote power.

  • Building steem power also helps in developing the steemit community,The more the power ups the more the growth of the community.That is why the steem curators has bring out this #club5050 program,Now we can see the steemit community is improving in price value on market.

  • When users build their steem power it helps to reduce a lot of burden on the steem curators,Since they are the only users who has built their sp to a higher level,When other users also build their sp they can also vote on other users post just as the curators has been doing to reduce pressure on curators.

  • Anytime the user build their steem power to a high level it also help to impact on their voting potential.

  • When a user build their steem power it also help to develop the steemit community and also try to help all the newbies to the community by giving them an upvote to not anytime they will depend on the steemcurators.

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4.) How do you explain self-upvote as a good or bad social behavior & why?


Me personally I think self-upvotes is not of a good behavior and I would like to encourage all users to desist from that.

Self-upvotes is simply when a user try to vote on his or her own content,I always see this habit to be selfish behavior because same user may be getting both curation and authors rewards.You do not need to vote your own post,It is always advisable to allow your post,For others to read through and check the originality,creativity and proof of brain.You may get curated once your post reaches the required criteria from other curators.

This behavior also affect and dishearten other users who are having small steem power,Since when they vote on their own post they might not get anything,So is not a good behavior for others with higher steem power to be voting theirselves.


5.) Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM (screenshot required)?


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Screenshot from my CoinMarketCap

As the time I was touring my CoinMarketCap the price of steem was $0.6216 ,Which show the price is increasing on market and also it was ranked #289 on market.

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Screenshot from my CoinMarketCap

The marketcap was US$242.98 M

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6.) What are different tokens one earn by socializing on steemit Blockchain


When user start to socialize on the steemit blockchain they get an upvote is a form of rewards such as steem dollar,Tron,Steem power and steem,I will be talking about each token.


STEEM


This is also one of the main reasons why users has been socializing on the steemit community,Users who create good content and also joins contests may be getting steem as reward once they get curated for their post and also the steem is a type of cryptocurrency and it can be use to make trading or power up to promote your steemit account.


STEEM DOLLARS SBD


Steem dollar is the short form of SBD,This is also a form of reward users usually get when they get curated for their post.This SBD can be used to buy steem and power up as well,Each user setting is always set up to have a payout of 50% sbd and 50% SP.


TRON


The Tron is also a type of native token,Which users has been also getting from their post that was curated,The Tron can be linked to your tronlink wallet and it can be swap to steem or other token in your tronlink wallet.


STEEM POWER


This is also a form of token,Which users has been getting as a reward whenever they get curated for their post,In the steemit community it always advisable for users to do more power up,Because the higher your steem power the greater your voting power.

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How would you use your TRX earned on Steem Blockchain to optimize profits in the Tron ecosystem?


The TRON is also a reward we get from our post when curated,I intend to staked all my TRON that I have been getting from my post in other to get enough Tron,This is going to help me improve all the earn I get from TRON,Note that the higher amount of Tron you intend to staked is what you will get in return as profit and vice versa and also Tron that has been staked can’t be utilized.


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 3 years ago 

Thanks 😀🙏

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