Crypto Academy Season 3 Beginners' course - Task 1: STEEM & TRON, Task for professor @sapwood || By @adz-labib
Introduction
Hi friends how are you all?
I am your friend @adz-labib
I Hope you are well.
I'm fine, and I'm glad to start a new job today.
Today i am starting a new journey with SteemitCryptoAcademy.
I am a new student of this academy. I have already studied the pending posts of this academy.
Crypto Academy Season 3 Beginners' course - Task 1 : STEEM & TRON
Here I have studied the task 1 post of the beginners given by the professors @sapwood.
Homework Task-1
List of question are given below,
(1) What is PoB?
(2) What does curation mean to you in Steem Blockchain?
(3) What are the benefits of building SP?
(4) How do you explain self-upvote as a good or bad social behavior & why?
(5) Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM(screenshot required)?
(6) What are the different tokens do you earn by socializing in Steem Blockchain?
Answer of question
1. What is PoB?
PoB means Proof of Brain. It is a method used to distribute and redistribute prizes from authors and curators from the reward pool. There is an interesting arrangement for the distribution of prizes.
To know the proof of brain well, we need to know about steem power well in advance.
It will help you to know how a steam blockchainer can make a good content & also get reward.
If a steem blockchainer has a much higher steam power and if he gives an upvote on any content, then that blockchainer will be rewarded from this upvote.
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Proof of Brain basically means that the amount of reward a person gets in a steam blockchain depends on the total steam power he produces.
Through good and quality work they work smoothly in this steam ecosystem.
The Steam ecosystem has a reward pool for every piece of content. And 65% of every 100% reward pool is Proof of Brain. Authors of this 65% Rewardspool content are rewarded for good work.
This increased the interest of other blockchainers. So the Proof of Brain basically benefits good and quality content creators, stockholders, higher steam power holders, and curators through upvotes.
2. What does curation mean to you in Steem Blockchain?
The curator in the steam blockchain is the one who provides the upvote. When a curator sees a good and quality post, he gives an upvote. A curator can give upvote at any time as per his wish. Each curator has 100% upvote power. A curator loses 2% of his power for each upvote. A curator on the other hand can refill 20% of his lost power every day.
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The curator can vote down anyone he chooses. Usually a curator provides downvote for plagiarism, bad post, and disrespectful post. It is important to note here that an upvote is 4 times stronger than a downvote.
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When an up-voted content is timed out, it is shared 50% between the owner and the curator. It takes seven days to pay out a post. Upvote on any post can be given 5 minutes after the post. The next 6 days 12 hours a curator can be upvoted this post.
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3. What are the benefits of building SP?
Every Steam user has Steam power. SP means steam power. Steam power is a very important thing in the steam ecosystem. A lot depends on the power of this steam. Let's not know why we will deposit steam power.
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- We vote through Steam Power.
- The more steam power there is in the steam ecosystem, the greater the upvote.
- If there is more steam power, the curator will get more reward as a result of giving upvote.
- This will create good and quality Steam content creators.
- If you have more steam power, you can help new users by donating.
- Having higher steam power will allow bigger votes to be given to the general public which will increase its own followers.
4.How do you explain self-upvote as a good or bad social behavior & why?
Each steemian has its own and different thinking styles. I have a different idea about self-vote. In my opinion, it is a very bad and immature behavior. In Steemblockchain, a curator looks at a piece of content and gives an upvote according to its value. Self-voting will reduce the number of good and quality posts. New and quality post curators will lose interest. This will reduce the evaluation of good work.
When a curator himself gives an upvote in his own post. Then he will never be able to evaluate his own work 100 percent. So I personally dislike it and warn others about it.
5. Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM(screenshot required)?
Coinmarketcap.com
is a very popular cryptocurrency website. Thousands of people from all over the world visit this web site every day. I personally visit this web site every day. Through this website I can learn about the current past and future of various cryptocurrencies other than steem coins.
let's go to visit this website & finding my mantion questions answer.
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- From up this picture we see below statistics.
| Current price of steem | $0.5814 |
|---|---|
| Rank | #179 |
| Now watchlist | 36053 |
| Today high price | $0.6096 |
| Today low price | $ 0.5678 |
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- From this picture we see the all time price graph of steem. if we want we also could be saw current graph, monthly graph, yearly grap.
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6. What are the different tokens do you earn by socializing in Steem Blockchain?
I have been working in this blockchain for the last one year. I have earned a lot of money by working here. Below are the coins or tokens that I have earned by working here.
- Steem
- SBD (Steem Dollar)
- Tron (Trx)
Steem :
- Steem is one of the most popular cryptocurrencies in the world. It is the main currency of the Steem platform. Every day around the world, these currencies are exchanged in large numbers in the crypto world. It is exchanged with other currencies in the cryptocurrency market. It is also usually exchanged with conventional USD.
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SBD (Steem Dollar) :
- Steam Dollar (SBD) is one of the most popular cryptocurrencies in the world. It is the 2nd main currency of the Steam platform. Every day around the world, these currencies are exchanged in large numbers in the crypto world. It is exchanged with other currencies in the cryptocurrency market. It is also usually exchanged with steem & conventional USD.
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Tron (Trx) :
- Trx is one of the most popular cryptocurrencies in the world. It is the associate currency of the Steam platform. Every day around the world, these currencies are exchanged in large numbers in the crypto world. It is exchanged with other currencies in the cryptocurrency market. It is also usually exchanged with conventional USD.
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Thank you all for reading my article carefully. Since this is my first job in this academy, some errors may be observed here, so I am seeking the opinion of the experts through comments. I would like to extend my special thanks to Professor @sapwood . Hopefully Professor @sapwood will read my post and give his valuable opinion.
♥ Thank to all of you ♥
From @adz-labib
