Achievement 5 Task 2 by @babajunior : Review Steemscan.com

in Newcomers' Community3 years ago

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Hello everyone, This is my 5th achievement task 2. Today I am going to share my review of Steemscan.

  • Steemscan is a steem exchange platform built on the steem blockchain. It is used in converting steem to other cryptocurrencies such as BTC, USDT etc.

1. Please explain the current Steem price and volumes on date of submission of this review?

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The current Steem price is $0.61 as of 15th August 2021. This means, one (1)Steem is equivalent to $0.61 in the crypto coin market. The present volume of steem is 388,490,340 per day. The volume of steem denotes the amount of steem traded in the crypto market. This value keeps on increasing in few seconds.


2.Please explain What all information is shown under latest transactions and latest blocks section?

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We can see the block id, ID, Sender, Receiver/permalink / I'd, Type and amount /% / Payload in the part of most recent transactions on the image above.


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We can see the ID, Height, Timestamp, and Block Transaction in the part of the latest blocks section in the image above.


3. Explain What information is displayed in the Witnesses section and the steps to vote as a Witness?


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The witnesses section displays the total witness, total mined(STEEM), last block height, transaction count, and current witness at the top of the screen. The witnesses identify the current price of Steem, the height of the block, the supply of steem.


To vote, click on the vote at the extreme end. You will be asked to confirm your vote and start a section with our username and our posting key.

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Click on ok to continue. The view below will appear.


4. Please explain What is DApps and mention 3 DApps which you have already used or may use in future as per your interest?


Decentralized applications(DApps ) are apps built on their own blockchain platform. The platform has a collection of various steem Dpps sites which enables a steem user to access them easily. Below will be a display of the information of their users, and transactions running on each app. I have used Steemit and Steemworld. I am looking forward to using some of these apps in the near future especially Krypto Gamers and Actifit .


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5. Please explain How to use "Quick Convert" and what is the fee charged for different Steem amounts for withdrawal?


Quick Convert is used to convert Steem into another cryptocurrency like USDT, BTC, or TRX to trade, sell or withdraw. o convert, enter the amount of steem you want to convert. To convert, enter the amount of steem you want to convert. Select the currency you want to convert to eg From steam to BTC. After conversion, enter the withdraw address to which you want your converted crypto to be sent. Then click on create order. Confirm the transaction by entering your activation key in the steem login prompt and that is it.


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6.Please explain what information is provided by the "Search" feature?


The "Search" feature is basically used to find certain items in the platform such as the block, transaction, witness, among others.

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THANK YOU ALL FOR YOU TIME

Special thanks to
@njaywan
@avagah

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Curators Rate: 3

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 3 years ago 

Thanks you

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