Steemit Crypto Academy Season 2 Week 5|| Homework for professor @yousafharoonkhan|| Steemit Decentralized social media,Centralization and Decentralization social media

in SteemitCryptoAcademy3 years ago (edited)

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It's another blessed week on steemit crypto academy community, thanks to the community leaders and our professors. Here is my homework submission for this week sir @yousafharoonkhan

Question no 1 :
Write the definition of Decentralized and Centralized Social Media Platforms in your own words.Explain in your own words the difference between decentralization and centralization Social Media Platforms (answer should related Social Media Platforms . (answer must be written in oun words, copy paste or from other source copy will be not accepted)

DEFINITION OF DECENTRALIZED AND CENTRALIZED SOCIAL MEDIA PLATFORMS

Decentralized Social media platforms are social media sites that are controlled by a single person (the owner). There is no terms and conditions guiding what you share on decentralized Social media platforms, you are always free to share your thoughts. No one has the right to block users account on a decentralized social media. Your freedom of expression is not tampered with.
This type of platform include steemit, hive, blurt etc.

While

Centralized social media platforms are influencing (chats and post sharing) sites that are organized and controlled by a central official. These official have some set down rules guiding every users on what they post on their platform.
Twitter is one of the Platforms under Centralized Social Media Platforms, many account has been suspended on their platform for going against their set down rules. Other platforms include; Facebook, LinkedIn, Instagram etc.

DIFFERENCES BETWEEN DECENTRALIZED AND CENTRALIZED SOCIAL MEDIA PLATFORMS

Sam and Dan are childhood friends, they do things in common and they are finalist at the secondary school level. These two guys are always active on social media platforms like Facebook, WhatsApp and the likes before admission into different higher institutions parted their ways.

On getting to school, Sam continue being an active user on the social media platforms while Dan changed his activity to Decentralized Social media when a friend at school introduced him to steemit.

He kept posting good content and his weekly reward is always high, while his friend (Sam) kept wondering why Sam is no more active, most times he thought it's school activities that kept him offline on Centralized Social Media Platforms.

During the first semester holiday, they both meet at home and share their experiences. That was when Dan introduce steemit one of the decentralized Social media platforms to his friend.

Sam couldn't believe that there is a platform that pay like steemit until his friend showed him his bank account and his steemit wallet. So, Sam open an account with steemit instantly and they both decided to explore the internet for more decentralized social media platforms and they were able to find some other platforms

With this illustration, Dan is able to make a huge amount on money through decentralized social media while Sam was there sharing memes

The table below shows some other differences between decentralized social media platforms and centralized social media platforms;

S/NDecentralized Social Media PlatformsCentralized Social Media Platforms
1.Users have full authority over their own accountsUsers have limited control over their accounts
2.Decentralized Social Media Platforms terms & conditions are not always strictCentralized Social Media Platforms are controlled by strict terms & conditions
3.Decentralized Social Media Platforms are not easily accessible for hackersCentralized Social Media Platforms are prone to hackers
4.There is ultimate freedom of expression on Decentralized Social Media PlatformsThere are limited to how Users express themselves on Centralized Social Media Platforms
5.Decentralized Social Media Platforms are good at quality contents sharingCentralized Social Media Platforms are good at memes sharing

Question no 2 :
Which One is The Future of Social media ? Decentralized or centralized Social media.(answer must be written in own words)

Considering the illustration given above (Sam and Dan), there is no doubt in it. The future belongs to Decentralized Social media platforms because of the gains and the advantages it have over Centralized Social Media Platforms.
No one will want to be wasting his/her time on social media that are strict and have no monetary gain.

Question no 3 :
How steemit decentralization social media is best than Twitter and Facebook.(answer must be written in own words)

Steemit is better than Twitter and Facebook because of so many things

  1. There's money on steemit (steem and SBD)
  2. There is reputation building on steemit and it's not on the social media mentioned
  3. There's room for learning on steemit: Using steemit can help user to becoming a creative writer, it can also give enlightenment on unknown stuffs. For example, everything I know now about crypto currencies is as a result of the assignment we are being given on #cryptoacademy community in steemit.

Question no 4 :
What do you say? How do Steemit social media change the lives of millions of its users?(answer must be written in own words)

No doubt, steemit is changing many lives positively. Taking myself as a good example, steemit has helped me in the following aspect;

  1. Changed my brokeness lifestyle
  2. Built my content creating skill
  3. Make me a crypto marketer
  4. Provision of necessary material on time without money delay.

And I so much believe, it's change many people;

  • Some were unable to provide for their family before, steemit is helping them already
  • Many people are doing what they've never thought of doing in 10 years time e.g I know some people that are able to buy cars and build houses with the help of steemit

Question no 5 :
How can we make money with Steemit's decentralized social media.(write your own experience)

HOW I MAKE MONEY WITH STEEMIT (My experience): I joined this platform in 2018 and during my stay on the site, I have observed so many things you will have to do for you to make money on steemit, below are my experience;

1. Joining communities:
For you to have a positive outcome on you activities on steemit, it's important that you look out for the trending communities. Do your findings about how they work, the kind of content they produces in each community and what they dislike, after knowing all this, you can then join them

2. Creating good post:
Steemit itself is a large community, using only #steemit tag can also fetch you money once you create useful stuffs that people on steemit likes. They will surely reward you for posting a good content

3. Performing task:
Some community on steemit gives their users some tasks to do at times, which will yield money in their wallet.
#Cryptoacademy is the best type of the communities I'm referring to; they have crypto professors and students. The task of the professors is to come up with class topic on crypto currencies and the students task is to perform the homework under professor class without plagiarism

4. Joining contest:
There are some communities that also organises contest for their member. With a promise to reward the winner of the contest.
Last week, a friend (@damzxyno) invited me to join a contest

5. Voting other users post:
I have make some cool cash by voting people good content, although someone need to read peoples post to know how standard the post is in order to decern if the person post will have many likes. It's called curational rewards.

6. Making good comments on people post:
It's also important to read post and give comments that will enhance the writer and other readers to like your comments, commenting at times bring a huge reward for steemit users. This method have been helping me on steemit.

Question no 6 :
How to create communities on Steemit social media ( practicle step by step ) & Promote your homework post on two social media ,twitter and facebook (just share link in comments area)

  • I Log in to my steemit account
    IMG-20210514-WA0019.jpg
  • I searched for community name availablility: I wanted to know if the community I am about to create is not in existence
    IMG-20210514-WA0008.jpg

  • I press the “create a community” button since no community was found bearing the name of community I want to create
    IMG-20210514-WA0009.jpg

  • I was then directed to my steemit wallet in order to choose the title and about the community
    IMG-20210514-WA0010.jpg

  • I write down the community title and about the community
    IMG-20210514-WA0016.jpg

  • After pressing “next”, the group name and password will show automatically. It is required to make sure that the name and password is saved.
    After saving, I press the create community button
    IMG-20210514-WA0011.jpg

  • After pressing the “create community” button, a message poped-up telling me the charges that will be deducted from my steemit wallet, I now press ok to continue
    IMG-20210514-WA0012.jpg

  • After pressing “ok”, I was directed to login to my steemit wallet address for the transaction to be done and I pressed sign in.
    IMG-20210514-WA0014.jpg

  • After signing in, the images below shows confirming my successful creation of steemit community
    IMG-20210514-WA0013.jpg
  • My community have been successful created!
    IMG-20210514-WA0017.jpg

  • After the successful creation of the community, I went back to the explore community part and I am able to find my newly created community on steemit “Yoruba Proverbs”
    IMG-20210514-WA0015.jpg

  • My steem design.png

    Cc:
    @yousafharoonkhan
    @steemcurator01
    @steemcurator02

    My steem design.png

    All images are mine

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Thank you for joining The Steemit Crypto Academy Courses Season 2 Week5 and participated in the Homework Task.

  • it is nice to read you explained well, but question no 4, and 5 need more detail.

  • in question 3, i could not find very much good story , share your friends stories in this question , just few words are not enough to gain good grade

  • in question 4, we want to share, and provide information to new user that how they can earn from their sp also, you need to explained detail about it ,

At the time when the post published the first 5 minutes the curation reward gets increased by 20% after each minute. Like, suppose if the post published at 12 PM, then the curation reward will be as follows for the first 5 minutes.

If you vote after one minute means at 12.01 PM the curation reward will be 20%
If you vote after two minutes means at 12.02 PM the curation reward will be 40%
If you vote after three minutes means at 12.03 PM the curation reward will be 60%
If you vote after four minutes means at 12.04 PM the curation reward will be 80%
If you vote after five minutes means at 12.05 PM the curation reward will be 100%

  • look fine homework

thank you very much for taking interest in this class

Grade : 5.4

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