Achievement 5 Task 2 by @gabikay: Review Steemscan.com
Hi steemians !I trust you all are doing great. I have successfully explored and reviewed steemscan.com . Stay with me as I share my experience with you.
Firstly, I had to open the site - steemscan.com
Explain the current steem price on the date of submission of review
On the homepage, I navigated to latest prices and volume at the top left Corner of the homepage. There, the prices of steem to US Dollar was stated and also the volume of steem was stated as well.
• The price of steem per US Dollar was 0.88 US dollar. That means that 0.88 steem = 1 USD
• The small volume of steem was 382,247,567 steem per 7,298,255 SBD
Explain what information is shown under 'latest transaction' and 'latest block section'
• On the latest transaction, information displayed there include transfers, comment, account update, vote, power up, power down and virtually all other activities done by users on the steemit platform.
• Information on the latest block is the block transaction and the transacting ID.
Explain what information is shown in the witness section and steps to vote a witness
• I click on the drop down menu then navigate to witness
• On the page, information displayed include
Last block height and current witness
What is A DApp and mention 3 DApps which you have already used or may prefer to use in the future
A decentralized application (DApp) can be said to be a computer application which operates on a computing system in a distributed manner.
When referring to DApps in relationship to cryptocurrency, they are applications which function on a blockchain network in an environment that is free and without control by any single authority or group.
3 DApps I would love to use soon includes;
• Steemcoinpan
• pancakeswap
• Uniswap
Explain How to use quick convert and the different exchange fees for different steem amount for withdrawal
• On the drop down menu, click on quick convert
• On the page that opens, select the currency you want to convert your steem to, input wallet address of the recieving currency and then click on create order.
• When I made an attempt to convert 100 steems to USDT, the service fee was 1.86 US DT
• When I attempted to convert 100 steems to BTC, the service fee was 0.000516065 BTC
• An attempt to transfer 100 steems to TRX incured a service fee of 6.60312317 TRX.
Below are screenshots when I attempted to convert 100 steems to my BTC wallet.
In conclusion
After my exploration of steemscan.com, I have learnt new things and also understood more on the steemit platform. Of a truth, this platform is a constant learning place.
I want to thank @crytokannon for guidelines on how I could make my post.
Nice work done👍
Thank you
Cc: Group-2
@bright-obias
@njaywan
@whitestallion
Congratulations on your progress, your achievement 5 task 2 has been verified, you may now proceed to the next achievement task.
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