Achievement 5 Task 2 by @zzzinnn: Reveiw steemscan.com

in Newcomers' Community3 years ago

BD1F80D5-22C2-4A70-88AE-9838F232C001.pngCover Photo: Edited by myself in Canva

Hello again.
This post is the task 2 of my achievement 5 task. In this post I will be taking you on a journey to steemscan.com where we’ll be exploring the various features. I will try to explain to the best of my knowledge and understanding.

SteemScan

Steem scan is the steem blockchain explorer which also serves as an exchange. This means that you can use it perform transactions between a number of cryptocurrencies and fiat.

94169C9B-6D22-43B0-B3C8-2C4A11D5E570.png SteemScan Dashboard Menus | SteemScan

Volume and Current Steem Price

Volume

Volume(trade volume) is the amount of traded tokens of a particular currency (crypto, fiat) in a give time period. For example as of 11:30AM 28th August 2021, the trade volume of STEEM was 389,305,000 STEEM. This shows the amount of steem that was being traded in that particular second of that particular period of time.

68BC2102-E953-4DC5-A18A-924B5A5E4675.jpegScreenshot of dashboard of SteemScan

Current Steem Price

The current steem price is the current value of STEEM in the market. In the screenshot below, you find that the current value of is $0.57 USD. This means that, to buy 1 STEEM you need 0.57 USD. 10 steem would amount to 5.7 USD.

EB7F900B-88D6-43D5-84F7-6166006F7065.jpeg Screenshot of dashboard of SteemScan

Latest Transactions and Latest Blocks

Latest transactions

This shows all sorts of transactions happening in the steemit platform which is recorded and updated in seconds. Transactions include votes(on posts and comments), token transfers, SP transfers and many other actions that you can perform in the steemit blockchain platform like deleting a comment.
Basically steemscan shows the backend of everything that’s happening in the steemit platform.
THIS IS MIND-BLOWING 🤯

It shows the “Block ID” and “ID” of the particular transaction, the “Sender” and “Receiver” of the transaction, the “Type” of transaction that is taking place, and the “Amount” that is being transferred.

388AF7D8-AF30-4CCA-ACDE-D9E4D0A8B9FE.png Screenshot: Latest transactions | SteemScan

Latest Blocks

A block can simply be defined as a file containing information or records(of transactions, etc) in a blockchain.

This shows the “ID”s of the Blocks that are currently in transaction at the particular second of the particular period of time and the “Number of transactions” that are taking place in that particular block.

40B8BD4B-395B-4CF3-974C-2E35C950331B.png Screenshot: Latest Blocks | SteemScan

Witnesses

A witness is a person whose signatory certifies the authenticity of a blockchain.
The witness list below shows the rank of the steemit witnesses from top to bottom. This rank shows the one with the most votes by the steemit blockchain platform users.
The current witness is updated constantly, within seconds sometimes.
This dashboard shows the block height and currents witness, the Active witnesses and their corresponding rank, witness status, and version.

98ACAA2A-99A1-4D00-85F8-71A93AC57BB5.png Screenshot: Witnesses | SteemScan

How to vote a witness

Go to https://steemitwallet.com/~witnesses vote witnesses here. Everyone has a maximum of 30 votes, use it and upvote your favorite personality to be the witness.

7939737F-FD75-40B2-B5FB-DCF9AC329567.png Screenshot: Voting for witness | SteemScan

DApps

DApps is a the short form of the term Decentralized Applications. The steemit blockchain platform is a perfect example of a decentralized application.
A decentralized application is one which does not have a central authority who has power and rules over all users. Example is our traditional social media platforms like Twitter,Facebook, etc.
In a decentralized application, all users are free to perform all sorts of transactions on their own without having to seek permission from a central agency or be in fear of them.
This is so and possible because decentralized applications does not have central servers, every user servers as his or her own server(all users are interconnected forming a chain of blocks which servers as the server on which all of the records are stored. It is called blockchain technology.

Examples of Decentralized Applications (DApps)

Some of Steem DApps

409A6E53-77D3-4C50-91A9-95569B16E03D.png Screenshot: Steem DApps | SteemScan

Notice Steemit here

E3C5775C-CEB9-439F-96AC-2433DE6763C8.png Screenshot: SteemDApps | SteemScan

Quick Convert

The “quick convert” tools helps us to convert our tokens to and/or from USDT, BTC, TRX. It has a fixed charge of 1.11383674 USDT for all amounts.
You can convert your tokens by entering your withdrawal address to the “Withdrawal Address” text box and clicking “Create Order” to place order.

38883CC3-F680-42B3-A592-80719519B9E3.png Screenshot: Quick Convert | SteemScan

Search

This search feature allows you to make a search inquiry into an account, a transaction, or a block pertaining to a particular username you that you enter.
This helps you with all the account information of the particular username, the different transactions they have performed, and the blocks of such of transactions.

4A7DA64C-AE17-47BD-92E8-91224A934795.png Screenshot: SteemScan Search feature | SteemScan

This marks the end of my achievement 5 task 2 post.
Thank you

CC: @njaywan
@psicoparedes

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Helloo @zzzinnn. I am Alejandro, one of the Greeter Helpers team members.

I stop by to inform you that I have successfully verified your task #2 of achievement #5. You can now continue with the program and perform your task #3. Take into account that this achievement is named understanding Steemit tools. Here is the link to a post about it, so you can develop your next task. Remember that the achievements' posts must be posted within the Newcomers' Community. Success for you.

Important information: congratulations for making it this far and performing your achievements. From achievement #4 on, you may be eligible to be part of the support program for newcomers called 500SP Minnowsupport. I invite you to continue performing your other achievements.

TASK RATE
: 3

Notes: none.

 3 years ago (edited)

My country reps @njaywan, @nattybongo @oppongk please verify my achievement task 5.2

 3 years ago 

Hi, @zzzinnn,

Your post has been supported by @nattybongo from the Steem Greeter Team.

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