Steemit Crypto Academy Contest / S1W1 - Favourite Blockchain Network by @sameer07

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Greetings To All Members of Steemit Crypto Academy. Today, I'm very excited to take participate in week 1 contest. I'm very excited to take part because this contest is one of i wanted to take part in it, so I'm here to take participate.

Before 2021, i did know about Cryptocurrencies and blockchain and I didn't hear these words. When i start online work due to COVID-19, i was learnt about Bitcoin, and other Cryptocurrencies. This was first moment when i learn about Cryptocurrencies and blockchain, when i without any hesitation i dedicate my time and myself busy to investigate. At the end of year i investigated and get a chance my first relationship with crypto world through Steemit.

As you know that Steemit is not a Blockchain. Steemit is Decentralized Application (Dapp) that is based on Steem Blockchain. I will show you clearly they are different things, what i understand through these terms:

Dapp

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Dapp is a Tool that is based on Blockchain that allows different users to interact with each other without any need for middleman.

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Blockchain

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What i really feel about blockchain, blockchain is safe and protect way of information. It also like accounting book. In book every all pages represent the blocks of chain. They have power to immutable. It can never be changed again when made once a record.

Tell us about your favourite blockchain network, it's history and why it is your favourite.

My favourite blockchain network is Steem because it is first where i have real interaction and since November 29, 2021 i started my work through Steemit. Know i have learned about anything and make me able in other blockchain and Cryptocurrencies point.

As you know that Steemit is first social platform
that is based on blockchain network has been running smoothly over 6 years since then which shows solid projects, if we search or analyze how many projects are ready. We can see that six years is a long time.

Steam blockchain is extremely secure. Users' accounts are protected with a long or lengthy numbered password called keys.

Does the network have any initial deficiencies and how did the network team deal with the problem?

I heard by my friend few years ago when he started the distribution of earning 75% for author and post creator's and 25% for curators. Later it was established and what is now, 50% for curators and 50% for authors. 25% was not enough but 50% could be attractive for new investors it was plus point. This reason is call for attention of investors. It was plus point.

The more recent changes was possibility of earning from TRX and wallet connect with Tronlink. I learn it added value because it us allows us author and curators also earn different Cryptocurrencies like SBD, TRON and STEEM.

What Changes do you think would improve the network?

• As i think The steemit should have a verified Twitter or Facebook account, which confirm that every user follows. Tweets made will be engaged, and a reward will be send for every ensured on the post through up vote of steemit post.

• In which only one exchange house, that is work to able exchange second layer of tokens, is steem-engine. I have no idea what extent the creators will stay here how much longer. It is very good Think that the steem team have developers to create a exchange house that generates allows and trust the part of community tokens.

Write About a project that is based on your favourite blockchain?

Steemit is best social network that is based on steem blockchain. Here's many users create valuable post and write about their festivals and life styles to get prizes. This is best way of communication with people's that is interact with you on this platform. They are very helpful for us because they can comments and vote on post. This is best way for learn people's culture that they are from different countries. This network meet us people's that are from different countries. They and we help with each other by commenting and voting on posts.
It have lot of Cryptocurrencies like sbd,trx and steem.

• Steem: Official coin of Steem blockchain that can be easily trade in most exchanging site.

• SBD: This is reward claim in SBD form in steemit that was created with same with Dollars.

• Tron: Growing Cryptocurrency in steemit just like steem.

Conclusion

Now, i would like to say that, steem blockchain network is my blockchain , because reward is free from transaction cost and Decentralized in steem blockchain network.
Steemit is best project built on steem blockchain. I have been using Steemit for 7 months now my review is Steemit is best platform. In these days steem blockchain is my favourite.

At end I would like to invite my friends @alirazaop, @salman121 , and @ahsanbilal in this contest. I hope they must participate as soon as possible.

Thanks for reading and visiting my Blog..

Best Regards 💞,
@sameer07