Crypto Academy Season 3 BEGINNERS' Course-Homework Post For Task 1: STEEM AND TRON

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 BEHAVIOUR AND 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?

Proof of brain is a mechanism where users create original content on the blockchain network that adopts it in order to be voted by users in that particular platform or curators who determine quality content free from plagiarism or scamming in order to earn reward from the creation of these contents, these rewards mostly comes in the form of cryptocurrency used on that blockchain.

Other mechanism such as proof of work where heavy computational device or power consumption are sacrificed to gain reward, in proof of stake more coins are been sacrificed by staking in order to get reward while in proof of brain is all about testing of knowledge or brain by producing good quality content to be rewarded.

Curation in steem blockchain

When we talk about curation in steemit blockchain we mean voting of quality content or post by users in the steemit community or curators who are empowered to vote on quality post, the network is designed in a way that when a user of the steemit community or curator votes on any quality content the user or curator earns as well as the author of the post which is a 50 50 share.

Moreover, when you the author also votes on other people’s quality content you like you earn likewise the content creator.
The curation rewards or earnings here are steem or sbd[steem dollar] or sp[steem power] as well as trx and in steemit blockchain curation is done by clicking the upvote green button. The voting value on a post is determined by the sp of the curator or the user that voted on that particular post, the more sp of the user or curator the more voting value it gives to a post and the more earnings the curator or user with higher sp will get from curation.

Furthermore, users of steemit community can contribute or bring together steem to power up as sp and create an account to vote on quality posts in communities, with these they tend to get higher earning than curating individually because of the increase in the sp of the account that is been used for curation. This is termed as curation trail, with these any time the account votes you the member also earn but this time in a higher portion because of the increase in sp.

Benefits of building sp

1]When a user builds his or her sp they tend to get higher earnings when they vote on post and at the same time higher earnings when their posts are been voted on.

2]When a user builds his/her sp and joins a curation trail anytime the account votes you tend to get higher earnings too.

3] Building of sp enables users participate in contest with criteria such as cryptoacademy to gain knowledge and being rewarded for participating.

4]Rewards or earnings are higher when converted to steem power for example when an author powers up his/her post the earnings here are higher.

Explaining self-upvote as a good or bad social behavior and why?

Self-upvote is a bad social behavior because a content creator or author does not determine whether his/her post is quality or not but with the votes of other users determines the quality of your post.

Exploring coinmarketcap.com

First log in to coinmarketcap.com as shown below

Then type the name of steem in the search box

Click on steem

Here we can see that rank of steem as at the time of writing was 266, the price was 0.234 at the time of writing, coinmarketcap=circulating supply x price=398,014,945.18x0.234=93,131,564 at the time of writing

Tokens earn in steemit blockchain
TRX is earned in steemit blockchain, as well as SBD,and STEEM which can be converted into SP[STEEM POWER]

Conclusion

This is my crypto academy season3 beginner's course task 1 thanks for visiting.