[ Steem & Tron ] - Steemit Crypto Academy Season 5 : Homework Post For Task 2

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After completing Task 1, this time I want to continue Task 2, which is about Steem & Tron. And This Time I Again Choose To Answer Question Number 1 In This Task 2.

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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 ?

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• What is PoB ?


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PoB stands for Proof Of Brain which functions as a mechanism in the distribution of the Reward Pool on the Steemit Blockchain. So that the rewards on the steemit blockchain can be distributed according to the Pob concept or proof of brain and 65% of the reward pool in Steemit is distributed to users and curators so that's what the PoB concept is for.

And there is also a Steem Power or SP mechanism that Steemit users can use to distribute gifts in the form of (Upvotes) and (Downvotes) in the Steemit Blockchain Reward Pool. The more SP a person has, the more influence it will have on the distribution of rewards in the Steemit Reward Pool.

The PoB or Proof Of Brain mechanism works very well on Steemit because Steemit is a decentralized platform or social media based on the Steem Blockchain. So that the distribution of rewards in the Steemit Reward Pool already has a mechanism. And the mechanism is also usually often referred to as the PoB concept or Proof of Brain.

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• What does curation mean to you in Steem Blockchain ?


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The distribution of rewards for a post on the Steem Blockchain is usually also known as the Curation Mechanism. There are several rules that need to be considered when doing curation as below :

  1. Read the Content/Post carefully before curating.
  2. Carefully check the authenticity of a content/post.
  3. If you get a post that contains important information, then try to dissect and disseminate this important information, because it can increase our income too.
  4. If you get content/posts that are proven to be plagiarism, then notify the content/posts to the community.
  5. Give Curation in the form of Upvotes for Posts that are eligible to be Curated.
  6. Resteem posts that contain important information, so that other users know this important information.

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• What are the benefits of building SP ?


There are so many benefits that we get if we have a lot of Steem Power (SP), especially the influence on the rewards we get and we also get additional rewards from the Curation Reward Pool.

Having a lot of SP also gets many other benefits, especially for those who hold a lot of SP. In the long term, they will affect the development of a community if they want to build a community with the SP they have.

In addition, we also get other prizes if we get a reward from the SP that we have and the other prize is TRX which is given with the same amount of SP that we get, which is 1:1.

Rewards that users get when holding SP :

  1. Curation Reward, which is 32.5% of Prizes in the Reward Pool distributed for Curation Rewards and this has been stated in the PoB Concept.

  2. Get other curation prizes in the form of TRX with the same ratio distribution as SP at the time of Claim Reward.

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


In my opinion, Self-Upvote Action is an action that is not recommended to do so. Because doing a self-upvote doesn't have any impact on our post if it doesn't have Steem Power or SP, so some communities criticize the self-upvote because it's not good to do it.

I myself am also the most anti-self-upvoting, because I don't think this action needs to be done and it's better for us to give/upvote quality posts and deserve to be upvoted.

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


The first step we need to do is, Browse the Site https://coinmarketcap.com/ in the Browser search engine.

If so, then we only need to go to the Search menu at the top right of the Web as below :

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Once in the search menu we only need to write the keyword "Steem" in the web search menu to get all information related to steem.

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Then we just need to click on the Steem search results and all information will come out of Steem Starting from Rank, Price, Trading Volume, Coin Supply and much more information as below :

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When I took a screenshot, the Steem rating was still at #329 and the price was still $0.4546 USD with a market cap of $179.543,100 USD or down 1.31% from yesterday, then a fully diluted market cap of $186.016,207 USD or down 1.31% from yesterday.

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


There are several types of tokens that we can get on the Steem Blockchain if the articles or content that we share on Steemit are curated by curators and get rewards after 7-day old posts.

And the rewards or tokens that are given after 7 days are SBD/Steem Dollars, Steem/Steem Power and Tron/TRX. And here are the detailed details of the 3 tokens:

1.SBD/Steem Dollar.

We can get this token by socializing or writing the best articles/content on Steemit and our articles/content get curation from the curators so that after our posts are 7 days old we can only claim rewards in the form of SBD in our account.

2.TRX/Tron.

We can get TRX/Tron if we have a Claim Reward in the form of Steem Power in our account, because the amount of TRX given at the time of claiming the reward Following Steem Power we get is Ratio 1 Trx :1 SP.

3.Steem/Steem Power.

We can get this token in 2 ways, the first is from the results of claiming rewards from our posts and the second is from the results of the curation rewards if we have a large Steem Power in our account so as I said before, there are lots of benefits that we get if we have a lot of Steem Power.

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• How would you use your TRX earned in Steem Blockchain to optimize earning in Tron ecosystem ?


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The TRX that we get on the Steem Blockchain from the Claim Reward Results from our posts will be stored automatically in our TronLink Wallet, we only need to connect the TRX Wallet on Steemit with TronLink so that the TRX we get can be sold or held there.

When the city of Hold TRX is on TronLink, of course, we also get additional rewards from the Tron Ecosystem because anyone who Staking or Holding with TRX will get additional TRX from the Tron Ecosystem.

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• CONCLUSION :


PoB stands for Proof Of Brain which functions as a mechanism in the distribution of the Reward Pool on Steemit. Steemit is a decentralized platform or social media based on the Steem Blockchain. The distribution of rewards for a post on the Steem Blockchain is usually also known as the Curation Mechanism. There are so many benefits that we get if we have a lot of Steem Power (SP), especially the influence on the rewards we get and we also get additional rewards from the Curation Reward Pool. Then Self-upvote is an action that is not recommended to do so. And finally, there are several types of tokens that we can get on the Steem Blockchain, such as SBD / Steem Dollars, TRX and Steem / Steem Power.

Regards,
@jufry.steem

Cc :
@shemul21
@dilchamo
And Other

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