Crypto Academy Season 3 Beginners' course - Homework Post for Task 1:: STEEM AND TRON BY @sirdeone10k For Sapwood
Questions:
🔹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?
The acronym pob means (Proof of Brain) this is the involvement of the knowledge produced, assembling or collected by a person or human collection of . In different words, that is been ruled through the humans' information to perform or submit a distinct content, material or post.
Developmentally, Steem Blockchain prices or rewards is in essence based absolutely on authenticity of one's price of an excellent production or advent of content material or post internally the structure or system . The price are divided by 50% / 50% among the curators and the writers of a particular published. With the resource of SP ie Steem Power that serves as a power to an creator or a curator. Rewards are definitely acguired which is obtainable in distinctive method such as [upvotes or downvotes]. This method that 32.5% ×2 rewards acquired are shared some of the curators and the writer of the content material.
Going with my own understanding, curation is, viewing a post, thereafter click on it to open and study it content material, then reply or give appreciation or appreciation, assent or correction to the post, checking if there's any plagiarism act available and alert if need be, Resteem the publish for references purpose and a method to share to my readers or acolyte. Finally Upvotes the content material or post in accordance with my Voting power (VP) fund by my steem power (SP).
The following steps are the benefits of building sp.
🔹 With your SP you can generate or design a community also carry those participating in that community along, aswell as help the community or group become functional.
🔹With your SP there's a great impact and value to a person's post or account.
🔹You will gain more Steem Power (SP) as rewards when curating a post or publish. This is called "Curation rewards".
🔹Your SP also adds additional worth or usefulness to your own voting power when voting on any post.
🔹your SP can help you in taming the hobby of different user's withinside the device for your account which would possibly flip and become your subscribers or followers.
In my understanding, upvoting is a system on the website to submit for consideration or approval by which users can signal their approval or support for post.
It's absolutely not a good social behavior to practice self-upvote. It's true that some persons see it that if they don't up-vote there post who will? But my reasons is you up-voting your post will never give you anything useful.
Self-upvote can never make you feel good about yourself and will not make you see yourself as a good writer, and it also bowl out as a distress to some persons who does not have much Steem Power (SP), when a person due to the fact he possesses an excessive price of steem power then he makes a decision on voting his post and on the equal time obtain rewards or gains which comes from the upvoting of his post hence to the abuse of power that has been appointed to such person.
Steem-blockchain platform rewards is from what someone created with his/her brain and it's a good choice to permit different users to look and examine through the content of the post and permit such person to display his/her emotions or appreciation to the content which would possibly be available in the two ways.
I think what makes a post interesting is when someone else or people up-vote your post just as other people need and deserve your own up-vote not you upvoting yourself.
I therefore advise everyone to restrict from Self-upvote and embrace in upvoting other people's post for it's a nice thing to do.
Step 1: move your browser and search for https://coinmarketcap.com
While the webpage appear, go straight and click the search button, and type in steem as the coin you wish to find.
Step 2: From the screenshot below blow, you will see the following information about steem.
The Rank #182
The STEEM PRICE: $0.7045
The LOW RATE: :$0.6949
The HIGH RATE:$0.7648
The MARKET CAP: $272,213,286
The FULLY DILUTED MARKET CAP: $285,505,464
The VOLUME: $63,052,788
The VOLUME/MARKET CAP: 0.2404
The CIRCULATING SUPPLY: 386,409,062.06 STEEM
The TOTAL SUPPLY: 403,383,156
Here are the tokens that i do earn on steem blockchain.
(a) Steem (STEEM)
(b) Steem Power (SP)
(c) Steem Dollar (SBD)
(d) Tron (TRX)
STEEM
Steem (S) is the peak, head or principal token on the Steem blockchain, which is also a cryptocurrency.
STEEM POWER (SP)
Steem Power (SP) act for or constitutes your effective power that makes others become your followers here you can as well gain more from it through curation or curating a pos.
STEEM BACKED DOLLARS {SBD}
Steem Backed Dollars (SBD) this is an extra or additional cryptocurrency which was created for the Steem blockchain and is higher than a Dollar.
TRON (TRX)
Tron (TRX) this is another additional cryptocurrency which was made together with the view of obtaining it as a token in the Steem Blockchain.
I want to use this medium to express my profound gratitude to professor @Sapwood for this great lecture, you perfectly nailed it.
Make the questions bold sir
I have done it, Thank you @ruggedangel
Hi @sirdeone10k, Thank you for taking interest in the 1st Task of the Beginners Fixed Class. Your grades are as follows:
My Review and Suggestions:
You have completed the task.
Try to include new information in each task you create. Such as where Tron is obtained by the authors in a 1:1 ratio with SP during payout.
Leave a space between each discussion for easy reading.
Vary headers and sub-headers to make them look more attractive.
Provide some pictures to make your task more interesting.
There are still some grammatical errors, please fix them.
Thank you!
Thank you for the rating and the corrections @wahyunahrul I appreciate.