Crypto Academy Season 3 // Beginners course - Task 1. Steem and Tron// for Professor @sapwood // By @joelmaxwell
Hi professor @sapwood, I am @joelmaxwell. This is my homework submission post from your lecture Task 1 and I'll be writing on the question 1.
(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?
PoB
PoB means proof-of-Brain is a method of rewarding author of good content you find attractive or innovative on the steemit platform,by this I mean authors of good,quality,100% originally and no plagiarized content has opportunity of being rewarded.
Any content found with this features(good,quality,100% originally and no plagiarized content)will be upvoted and any found with the opposite will certainly be downvote.
what does curation mean to you in steemit blockchain
Curation to me mean the ability of curators to upvote posts the find to be interesting with good quality and 100% originality, and after a period of 7days the reward can be claim.
If the post is found to contend any plagiarized content it will certainly be downvotes and reported to the appropriate authority in accordance to the achievement 3 tasks(say no to plagiarism)
Curation benefits both the curator and the author .the curator received sp while the content creator receive reward like SBD,steem and TRX.
The power of upvote also depends on the amount of steem power the curator has by this a up vote from a curator with 5,000sp is different from that with 10,000sp and time in which is being upvote matter too.the strength of morning upvote is more powerful to evening upvote
Curation also helps in benefiting content creators provide original and quality work because the will be rewarded
BENEFITS OF SP(STEEM POWER)
Whenever a new user join the steemit platform he or she will see 14sp.it is also and normally advised to power up has this is one of the best way of investment.when powering up you will powe up your steem to steem power(1 steem=1sp).
A user with high sp is highly influential
The more people know you have high sp the more the will love following you
high sp helps in improving the user power to upvote quality post.
self upvote
Bad behavior.
Though some people will feel bad seeing their quality post ignore,it is not good to perform self upvote because if everyone upvote themselves the will not have time to look out for quality post and this will increase plagiarism
It normally discourage people in producing quality post because the will post anything and upvote it
it is abusing the PoB because you are to be rewarded in producing quality post not you rewarding yourself.
self upvoting will discourage people in participating in contest especially the new users that can not because the will feel the won't be upvoted and as such may reduce the platform moral and people will not like to join the platform.
coinmarket cap
the information below is based on 15-july-2021 gotten from source
![PicsArt_07-15-10.52.45.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmVTBhU1JDmvSUWd7dkVhUZwPqMT71W8hyGvPtJyYYzket/PicsArt_07-15-10.52.45.jpg)
Source
Property | Description |
---|---|
Price | 0.4107 |
Market Cap | 1,327,740,782 |
Rank | 168 |
Low | 0.3771 |
High | 0.4562 |
Token that are earned on the steemit blockchain
Apart from the decentralization system in the platform users received other rewards in token such as
- steem
- Tron(Trx)
- steempower
- steemdollars
And all of them are shown in the user's wallet
![PicsArt_07-15-11.59.44.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmT1a4pfmwP8TuMfEMm4hmJDQt5vn7U48Pt4xsxjA59nyp/PicsArt_07-15-11.59.44.jpg)
Source
steem
mostly earned when participating in contests and challenges.it is mostly the price to be won.
Tron(Trx)
This is also a cryptocurrency and it is given when a post is rewarded in the ratio of 1sp-1Trx
Steemdollars(Sbd)
This is a cryptocurrency used in the steemit platform.it can be trade able like foreign currency(pounds).
It is being earned when a post is being curated together with the steem and tron.
- The curator received steem power(sp) has their reward
CONCLUSION
Steemit platform is a platform that helps in improving individual ability to generate good and quality content and reward them.
It is also one of the best platform to invest in.
One thing i have come to enjoy in steemit is the powering up because it makes you influential and able to reward good and quality post.
It also aids in developing individual mindset through contest and challenges weekly not forgetting the steem cryptoacademy that you learn alot without paying and at the comfort of your home.
Cc; prof @sapwood
Thank you for reading
Hi, @joelmaxwell,
Your post has been supported by @damithudaya from the Steem Greeter Team.