Crypto Academy Season 3 Beginners' Course Homework Post For Task 1: STEEM and TRON

1.) What Is PoB?

2.)What does Curation mean?

3.) What are the benefits of building SP?

4.) How do you explain self-imposed as a good or bad social behaviour and Why?

5.) Explore Coinmarketcaption to indicate rank, Steem Price.

6.) What are different tokens you can earn by socializing in Steemit?

What IS Proof of Brian (PoB)?

Proof-of-Brain(PoB) is a reward pool where Steemit content creators or users are rewarded a certain token for their contents. PoB works in a Decentralized social Network where it's users determine the level of one's work, whether it is a good work or a bad work. It is also a way or process of working your brain to create a content personally. You don't copy and paste someone's work, you do not plagiarize a content and pass it of as yours. PoB challenges you to present your own work. It implores you to think outside the box.

What does curation mean?

Curation in a layman terms is the selection of contents either good or bad of Steemit users. If you like the content and value the information gotten from a content, you curate by upvote and commenting in such a post. By curating such content, you are also in a way saving time for others when they see the knid of comments you leave. Out of the rewards of a content, curators of a post received at least 50% which is shared amongst the curators which is paid in Steem Power.

What are the benefits of building SP?

Steem Power is a powerful investment. This is like the saying "drops of water make an ocean". Steem is like the water that you constantly pour a cup but here it is your steem that you power up to build your reputation. The steem power indicates that level of influence a Steemit user has in the steem blockchain. The more the SP a user has, the more voting influence they have. The more value their upvotes has, the more curation reward they receive and your reputation constantly increase.

How do you explain self-upvote as a good or bad social behaviour and Why?

I see self-vote as a good thing but bad when overused. Good because one reason content receive upvotes is because of how good it is. If I see my post is good, I can upvote myself thereby appreciating my work. It also how because most content don't receive upvotes, and if I see my content has no upvote, I can upvote my post. Bad because Steemit is a place where users are rewarded for their contents, my upvote is necessary to support the blockchain and if I go on a self-vote spree, I sent others of their benefits.

Explore Coinmarketcap.com to indicate rank, Steem Price.

According to [Coinmarketcap.com] as at the time of this write-up, Steem is $0.2199, down by 22.70% in the last 24 hours. It is currently ranked#269. It's 24 HR trading volume is $4.080,677.63 with a Market Cap of $86,633,903.30. Currently it can be trade with at least more than 5 tokens.

Steem: Steemit was created in the steem blockchain, it is the token paid for crating content in Steemit. You can either power up your steem into Steem Power (SP) for more value, trade it for and with the Steem Dollar, and also other tokens.
Steem Dollar (SBD): this is the liquid from of the steem cryptocurrency which was made as a stablecoin, that is a country that is pegged to the US Dollar. Steem Dollar can be changed to Steem and powered up in Steemit, it can also be traded with other coins.
Steem Power (SP): Increases your reputation giving you more upvote value in Steemit.
Tron: A Cryptocurrency affiliated with Steem. In Steemit, the reward you get through upvotes is distributed evenly amongst Steem and Tron.

I appreciate @sapwood for the wonderful beginners course, I hope with my content one can understand about Steemit.
#academy-intro01 #cryptoacadmy #nigeria #beginnerscourse