Crypto Academy Season 3 Beginners' course - Homework Post for Task 1: @volkiceper

in SteemitCryptoAcademy3 years ago

Hello Steemit friends. I've done first, second, third and fourth quests on Newcomers' Community and I created the links in case you want to check them out. I'll try to answer the Beginner Course Task - part 1 questions on SteemitCryptoAcademy community. But first of all I want to thank Professor @sapwood for writing information post.

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Which questions will I answer?

(1) 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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What is PoB?

PoB is short for Proof of Brain. Before explaining Proof of Brain, it is necessary to mention Steemit. Although the Steemit Platform is seen as a social media platform, this alone is not true. Steemit is a social media platform developed on blockchain technology. Steemit users can earn three types of tokens (cryptocurrency) belonging to the Steemit Platform by sharing content as they wish. I will talk about these cryptocurrencies later. Plagiarism is prohibited on the Steemit Platform and Plagiarists are not welcome. Self-created users are always welcome and should receive more rewards from the prize pool. Steemit users share the content they produce with their own efforts. Authors and curators receive 65 percent of the prize pool.

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What does curation mean to you in Steem Blockchain?

Curation makes 2 senses to me.

First, Curators with high SP (steem accounts) I will freely write my own thoughts on this subject. Curating is a way to reward valuable users who write original and proof of brain articles on steemit. Curator accounts are accounts that have converted a large amount of steem SP. Users must produce truly original and unique content to receive votes from these accounts. But sometimes we can't get votes even if we produce very good content all the time. Because there are many accounts that produce good content all the time, and the curators may miss it because there is no machine, or it may not be their turn. In my experience, users who don't stop working hard even when they don't get votes from the curators sooner or later get votes and continue to win. For this reason, we must continue to produce original content on the steemit platform at regular intervals.

The second is our process of deciding what to do with an article when we read it. When we read an article, we either like it or we don't. If we like it, we can upvote it as we want, resteem it for our followers to see and read, and write a comment why we like it. If we don't like the article, we can downvote, throw a flag, write a comment why we don't like it, and even give the author an opportunity to improve himself or herself. All these processes are called curation.

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What are the benefits of building SP?

Locking our liquid steems in the Steem account to our own account is called Steem Power. Liquid steems in our account are of no use to us. On the contrary, it is very useful to lock steems and make SteemPower.

You have LOW SteemPowerYou have HIGH SteemPower
You gain less voting power.You gain more voting power.
When you vote, your curation reward is less.When you vote, your curation reward will be more.
Your SteemPower will increase slowly because you have very few curation rewards.Your SteemPower will rise fast because you have so many curation rewards.
You can make fewer votes and fewer comments.You can make more votes and more comments.
Other users will take you less seriously because you have low Steem Power.Other users take you more seriously because you have high Steem Power.
You cannot delegate to accounts you like.You can delegate to the accounts you like.

I beg your pardon if there are any benefits that I forgot to upgrade SteemPower. After returning to the Steemit Platform, I immediately made SteemPower all the votes I got. And Iwill keep doing that.

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

The behavior of voting for one's own post is not a problem for some. If he/she is sure that he has shared an original and unique post, he/she can vote for his own post. We can take it so far. Then we should consider it normal for him to comment on his own post. So far, I haven't seen anyone directly call their own post a nice post. If no one comments on their own, they shouldn't vote either. I think voting for your own post and voting for your own post are behaviors made with the same logic.

When someone votes for their own post, they are self-praising. What would your attitude be towards a person who constantly praises himself in social life? I do not find such people very sincere and try not to establish close relations with them. Of course, Steemit Platform is not as fluid and fast as social life. We cannot do exactly the same thing on Steemit that we do in social life. However, I gave the above example to give an idea.

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

Let's go to https://coinmarketcap.com/currencies/steem/ and talk about what we see.
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Steem VariableValue
1st circle :Rank173
2nd circle : Steem Price$0.3887
3rd circle : Total Marketcap$152,827,390

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

Four different types of cryptocurrencies can be earned using the Steem Platform.

  • Steem: Liquid coin on the Steem Platform. You can send Steem to someone else. You can send it to your exchange account. You can convert it to Steem Power.
  • SteemPower: They are locked Steems on the Steem Platform. It cannot be sent instantly to another user or exchange account. You have to wait 4 weeks to convert SteemPower to liquid Steem. This cooldown is good for Steem value not to fluctuate. It also prevents you from losing all SteemPowers instantly when account theft occurs. It gives the real account holder time to get the account back.
  • SteemDollar (SBD):SBD is another coin variant on the Steemit Platform. It can be converted to Steem at any time. It is the coin earned after seven days of post sharing.
  • Tron:Tron is a cryptocurrency that everyone knows well. Tron is also earned in post rewards. The earned Tron value is approximately equal to SteemPower.

Awards;

  • SBD+SP+TRX (if the Debt Ratio is below 9% - now it is 9%)
  • Steem+SteemPower+TRX (if the Debt Ratio is above 10%)
  • Steem + SBD + SteemPower+TRX (if the Debt ratio is between 9% and 10%)
    can be distributed in three different ways.

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And...

It took me a few hours to prepare this article, but it helped me better understand the Steem Platform and Tron integration. While I was preparing the article, although I have been using the SteemPlatform for a long time, I realized that there was some information that I did not know and I made up for my lack of information.

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Thank You @sapwood

Sort:  

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

Assessment Aspects
Rating
Presentation/Use of Markdowns
1.5 / 2
Follow Rules and Guideline
2 / 2
Quality of Analysis
1.2 / 2
Clarity of Language
1.2 / 2
Originality
2 / 2
TOTAL
7.9

My Review and Suggestions:

  • You have completed the task.

  • There are some misplaced discussions, such as in your PoB discussion explaining the prohibition of plagiarism on Steemit, you should discuss it in a specific discussion about Steemit.

  • You use bold writing well to emphasize important words. Good work!!

  • Leave a space between each discussion for easy reading.

Thank you!

 3 years ago 

Thank you very much for the information and feedback. I will take what you say into consideration and work more carefully. I have only one question. Can I do the 2nd assignment without you giving me the Beginner 1 tag?

CC:
@sapwood
@awesononso
@lenonmc21
@reminiscence01
@wahyunahrul

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