Crypto Academy Season 3 Beginners' course - Task 1: STEEM & TRON by sonia440

in SteemitCryptoAcademy3 years ago

Screenshot_20210905-001949.png

Good Morning prof @sapwood thanks for this wonderful lecture

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?


What is PoB?

Proof-of-Brain is a name given to the method used for the distribution of curation and author rewards on Steem. it is base on proof of brain as concluded by the steem community to reward authors according the worth of their content.And you get this rewards in form Upvote

In other to stand a chance to receive Authors reward on steem you have to create a content with no atom of plagiarism or 100% originality.Other users has the right to vote a content with 100% originality. For community @cryptoacademy you can be sanctioned for posting plagiarized content.


What does curation mean to you in Steem Blockchain?

In Steem Blockchain Curation happens when people upvotes your post or when you upvote people post especially quality content , you get some rewards inform of Steem Power. And if after upvoting you downvote the post the curation reward goes back to reward pool.

Curation is the reward I gets people upvote my post and also the reward i get from upvoting other peoples post.


What are the benefits of building SP?

SP or Steem Power is the power in which the user has in the steem blockchain. The more Sp you have the higher your rank that why new users are always advice to build their SP and you can build your SP by powering up. Below is the key benefit of bilding SP.

  • When your SP is high , Your Votes become Powerful and you earn more curation reward.
  • The Value of steem keep raising as individual stake their holding.
  • When you have high SP you become more Influential.
  • Buildng SP also helps in promoting steem.

Building SP is one special way you can promote steem blockchain.


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

Self Upvote can be define as the process where someone upvote his or her content on steem blockchain.

In my humble opinion self upvote is a bad social behaviour becuase you can't be the judge of your own content, you have to allow others decide the content you shared decerve upvote or not or if the content is actually free from plagiarism.

In addition some individual abuse their steem power by self upvote. Because individual with high SP, would upvote their own content and they will eventually receive both curator and author reward and this attitude does not promote steem blockchain.

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

coin market.jpg
Source

The Above image is for survey was carried out on 4th Sept 2021 at 11:49pm( GMT +1)on Steem Analysis using Coinmarketcap. The information gotten is below:

- Price : $0.7191

- Market Cap : $278,273,219

- Rank : 181


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

We have different token which can be earned while socializing on steem blockchain, they are as follows;

  • SBD
  • STEEM
  • STEEM POWER
  • TRON

SBD:

This a token you earn as an author on steem blockchain and it can be converted to Steem.

Steem:

This is the major token on steem blockchain and it can be converted to Steem Power through power up.

Steem Power:

It is the power in which the user has in the steem blockchain and it can be converted to steem through power down.

Tron:

This token can be on steem blockchain by both content creator and curator. it is being directly into the tron wallet.


Conclusion

Steem Blockchain is where idea , information and thought are shared. you also earn in the process of sharing.

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 3 years ago 

session 3 (6 homework) is now replaced by session 4 (10 homework). @sonia440

 3 years ago 

What do you mean by this please
Can you explain better @hdnakum

 3 years ago 

A newly updated lecture is to be done from now onwards. Session 4 (10 homework arrived), session 3 is no more valid. @cinnymartins

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