Crypto Academy Season 3 Beginners' course - Homework Post for Task 1: [STEEM & TRON]...given by professor @sapwood

INTRODUCTION

Greetings to you my lovely friends, how are you doing. It is my pleasure to be a participant of this season 3 Cryptoacademy lesson of our noble professor @sapwood. In this post, I have discuss what I understand by the words PoB, Curation in Steem blockchain, benefits of building SP, Upvote, different tokens that are earn is socializing in Steem and also I have indicate the price of Steem, Market Cap and it current ranking in Coinmarketcap. Cheer as you read........

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?

What is PoB?

PoB stand for Proof-of-Brain. The PoB is a reward pool that is use in encourage authors and curators. The reason for the steemit PoB is to support authors post, the reward pool which is usually share among the authors and curators is 50%/50% . Reward pool can be giving to author post when he/her post is discovered to be of original content when the reward is given to the author it will now be distributed among the curators. In the steemit blockchain every users is entitle to a specific amount of stake known as the Steem power (SP) which give users influence in distributing rewards between authors.and curators. A user with high SP is will have and edge of over a user with low SP when distributing rewards, although before a user voted on a post, the user need to first check if the post is of good/bad before the user can distribute the rewards, which come about the PoB.

What does curation mean to you in Steem Blockchain?

Curation in Steem Blockchain mean the rewards that is paid to users who upvoted my posts. In a nutshell curation is the rewards that I get from upvoting of other users post. This rewards come in form of Steem Power (SP) and Tron. If a users upvote the post of another users that user will receive what is known as curation reward in both SP and Tron. You get curated from communities like, #steemitCryptoAcademy #steemfoood and other communities in the Steem blockchain.Also in Steem blockchain the reward is share between the author and the curators which 75/25%, the author will receive 75% of whatever his post generated, why the curators will 25% of the earning. The curation reward that is share to the different curators that upvoted a post base on how big there voting power is.

What are the benefits of building SP?

There are a lot of benefits of building SP, Building of SP give a user more influence. The higher your SP that is the greater your influence would be when you upvoted a post. Building of SP will also help users to earn TRX reward building of SP can help a users to delegate his/her SP to community as a way of investing or supporting other users which will later benefits the users. Another benefits of building SP is that it help in the future will the price of Steem become high. For instance the current price of Steem is $0.2536 USD which is very low compared to what it was last month. Now if a Steemians can build up his SP and tomorrow the price of Steem get to $1 USD that means the users has really benefitited a lot just by building his/her SP. Building of SP is a form of savings for the future and another way of earning rewards.

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

Upvote is a way of giving rewards to a post that is found original which is created in the Steem blockchain. This is like rewarding content creator for the content he/she created, and the author and the curators who upvoted the post will receive the reward after 7days. Self upvote is very good in the social behavior because it allow both the author and the curators to accumulate reward pool which is always beneficial to the authors who will receive 75% of the reward pool.

What are the different tokens do you earn by socializing in Steem Blockchain?

Screenshot are gotten from my Steem wallet
At first, when I sign up to Steemit in September 2020, the tokens that I obtained then was Steem Dollars (SDB), Steem and Steem Power, but currently right now I am earning TRX as a tokens. Steem is the liquid currency token in Steem blockchain. Steem Power (SP) determine the influence of user in the Steem blockchain. Steem Dollars (SDB) is a liquid tokens that can be use to buy Steem which stands like USD.The Steem dollars is use to buy Steem which can also be transferred to an exchange platform. The TRX is a native token own by Tron blockchain.

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

Screenshot gotten from Coinmarketcap
Currently from the information gotten from Coinmarketcap.com indicate that Steem is currently ranking #197, with a STEEM price of $0.2536 USD and a Coinmarketcap cap of $1,363,897,814 O27 USD.

Thank you for your time here.............