Crypto Academy Season 4 Beginners' course - Task 2: STEEM & TRON

Hello everyone. This is the homework task for the professor @sapwood. In this assignment, i will answer all the questions in a well-understood way.

PoB is a technique which is used on the steemit platform for distribution of the reward to the users who have done a quality based work. The creators are rewarded from the reward pool and the PoB is use to distribute the reward. The content creator and the curators get the 65% of the reward on the steemit blockchain. The Proof of Brain is authorized by the human which depend on the knowledge of them.

When the creator create a content, the curators vote on them but before that, they check the quality of post, whether the post is original. If the post is plagiarised, the curators can even downvote the post. The plagiarism is strictly prohibited on the steemit platform. After checking all these things, the curators do vote on the post and the creator is rewarded from the reward poo. All these activities are performed very intellectually and that's why we named the mechanism of distribution of reward as "proof of brain"

The proof of brain is use for the distribution of the reward. The 65% of the reward is given to the curator for voting the creator and author for creating the post. With each upvote, you get SP of 15% of total vote.

Steemit is a decentralized platform which is not ownership of a single person or group. This decentralized platform allow the users to create the content. The people can write about any topic. They can share their thoughts without any fear(i.e being blocked by the higher authorities). They people create the content and in return, they get the votes according to the quality of their posts. These votes are actually the reward and income of the content creator.

When the creator get the votes, these are in form of Steem and SBDs. These two are the crypto currencies which are used on the steemit platform to reward the users. The reward amount transfer into the user's wallet after seven day and after this, the post get expired. You can transfer your reward into any other currency or can share it on any platform like Binance etc.

The curation mean upvote or downvote a post. The curation is done by the curators. When the people on the steemit platform create a post, the curator heck the quality of the post very carefully. They check the originality, read the post, check whether the post is relevant and if they find the post good and worthy, they vote the upvote.

But if the curators find a post plagiarized, they downvote this post. Downvote mean no reward for the creator.

1- With high SP, you become an influencer personality on the steemit platform.

2- The higher the Steem power, the more powerful you will be on this blockchain.

3- If you have a high SP, your voting power will be high. For example the curator01 and curator02 have the high SP so their votes have a huge worth.

4- If you have great SP, you can delegate some of your SP to any user on the steemit platform. This will help that user to post more on the steemit blockchain.

5- Powering up your Steem into SP show how sincere you are with the steemit platform. The high SP show your interest and sincerity with the steemit platform.

There is an option of upvote or downvote your post. But if you upvote your own post, it is such a selfish act according to me. This isn't beneficial for your at all. It will not help to get the other's or curator's vote.

This immature act will show the bad impression of yours on other. The other's will vote our post only if they find it worthy and good. So instead of voting our own post, we should upvote the other's. It will encourage other, will create a friendly environment. It is also beneficial for you because your also will get some percentage from their reward.

Self vote is not a good way to use your voting power because you cannot judge yourself critically. If you upvote your own post, the reward you get in return is not logical. So the self vote is completely bad behavior according to me. Try create such a creative post which attract the intention of other and compel other to vote your post.

The live Steem price today is $0.507701 USD with a 24-hour trading volume of $10,346,035 USD. We update our STEEM to USD price in real-time. Steem is up 0.76% in the last 24 hours. The current CoinMarketCap ranking is #188, with a live market cap of $199,166,387 USD. It has a circulating supply of 392,269,083.16 STEEM coins and the max

ON the steemit platform, you get three type of tokens which are:

SBD- This is a liquid currency which you can change into the steem or can transfer to any other account. You can also transfer the SBDs to any other platform like binnace. The value of the SBD keep changing.

Steem or SP- You are rewarded with steem also. It is also a token which you get as reward on steemit blockchain. The steems are transferred in your account as SP. So with each upvote, you get some steem power. The high SP enable you to become a powerful and influencer on the platform. The price of the steem also keep changing.

TRon- The third token which you earn with each reward is Tron. The tron ratio is equal to the SP ratio. You get as much Tron as you get the SP with each reward.

Conclusion

The steemit is a decentralized platform where the people can earn in return of their creativity. The curators vote them after checking the quality and originality of the post. You get the vote in three tokens i.e SBDs, Steem power and TRX.

Thanks to professor @sapwood.