Crypto Academy Beginners' Course - Task 1: Steem and Tron | Homework Post for Professor @sapwood

in SteemitCryptoAcademy3 years ago (edited)

Hello

All my steemian friends. I hope you are all will be Fine. Today I am here for the Task-1 of Beginner Course. This post is specially for @sapwood.

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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?

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Question 1

What is PoB?

PoB stands for "Proof of Brain". It is primarily dominated by the knowledge Which users have based on a specific topic. It is a mechanism which is used for the distribution of the reward from Reward Pool to user in the blockchain. We can say in our language that it is a brain test which is used for the analysis of the article, to gaining the rewards assemble to the chain, and promot this platform to the new users, so it is a great challenging process for the curators to distribute the rewards to the best quality content holder. So this rewards distribute to users with the principle of Reward Pool.
In my simple words, POB is a process that Helps Curators to distribute rewards to the users. So if we write or publish a high quality content then we will awarded by big vote.So this is all about the PoB.

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Source
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Question 2

What does curation mean to you in Steem Blockchain?

In Simple words the Curation is a set of the actions on steemit platform which is very important to getting this for everyone who works here. And it gives them hope to work here.
So curation entails some important things:

  • Read the whole article carefully
  • Consider their quality of article
  • Decide to give upvote if the article is worthful.
  • Decide to downvote if it is useless and not special for other users on steemit.
  • Content must be free from Any type of Plagiarism.
  • Give a good comment so the writer encourage to publish more useful and beautiful article.

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Question 3

What are the benefits of building SP?

SP mean Steem Power in the steemit platform.There are lot of benefits of buildinf Sp on Steemit platform.

  1. Building SP is very necessary for work in the Steemit Crypto Academy. There are certain conditions that we have to fulfill in order to work. So we need a specific amount of SP.
  2. Building SP, supports or attracts all users working on this platform. So this cause the popularity in this beautiful paltform.
  3. We can also run our community own and can be verify in a very short time as it is a rule of steemit.
  4. If we Build more SP then we can get more curation reward which is very useful for us.
    4)According to Reward Pool we will prefers if we have more Sp.
  5. We can get the more TRX, and also get more Steem Power in the form of reward.

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Question 4

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

Self-upvote is very bad social behaviour. And it doesn't feed PoB. As the Steemit is a decentralized paltform so there is no rule whether we vote ourselves or others. In my openion it is wrong. Because we write our article for other people to like and give the rating or grade to our article. We have not right to prefer our own article. We write our article for other people so they like it and give rating or grade to our article. And if we give our vote to someone else So we're doing a great job.

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Question 5

Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM

There are many online markets which shows updates of crypto coins. So coinmarketcap is one of the best Market. So lets watch about the coinmarketcap.
Simply we open the coinmarketcap and lets see the main page.

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Here we can see all about the single coin.
So now I check the price and other things about Steem.

Rank

Here I search Steem and then it shows to me.

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The rank of Steem in coinmarketcap is 184.

Price of Steem

Now am going to check the price of Steem because it is very important.

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Now you can easily see the price of steem which is $0.5732.
And its price in PKR is Rs. 94.35.

Chart

We can also see the Chart of any coin like steem. The chart shows us that when and how much the coin in price in any time. So this is really a usefull feature.

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You can see the chart here.

STEEM Price Statistics

We can also check here the price statistics of any crypto coin. So let see Steem here.

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We can easily observe here the following things:

  • Price Change (24h)
  • 24h Low / 24h High
  • Trading Volume(24h)
  • Volume / Market Cap
  • Market Dominance
  • Market Rank
    Now am going to discuss next question.

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Question 6

Different tokens do you earn by socializing in Steem Blockchain

We earn the Tokens in the form of reward. This reward will in the following forms:

  1. Steem Power
  2. SBD
  3. TRX
  4. Steem (winning reward)

When we submit a post in any community then the curator votes us and this will in the form of above tokens.

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Conclusion

This is very informative lecture for beginners because there are many thisngs which are very important. I really enjoy this lecture.

Special thanks

@lenonmc21
@reminiscence01
@wahyunahrul
@sapwood
@awesononso

Writer
@safdarsultan

Sort:  

Hi @safdarsultan, Thank you for taking interest in the 1st Task of the Beginners Fixed Class. Your grades are as follows:

Assessment AspectsRating
Presentation/Use of Markdowns1.3 / 2
Follow Rules and Guideline1.3 / 2
Quality of Analysis1.4 / 2
Clarity of Language1.2 / 2
Originality1.3 / 2
Total6.5 / 10

My Review and Suggestions:

  • You have completed the task.

  • You didn't explain the details of the tokens that we get on Steemit.

  • Try to describe the discussion more broadly so that more information can be put in your article.

  • Bold the questions you took at the beginning of the article.

  • Get in the habit of putting a watermark on every screenshot you make.

  • Bold some important posts that need to be emphasized.

Thank you!

Thanks a lot for replying on my post.

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