Crypto Academy Season 4 Beginners' course - Homework Post for Task 2: STEEM & TRON

in hive-108451 •  3 years ago 

Hello fellows. How are you all?

This is @ahtishamghumman5, here I am going to share my homework post on the topic "STEEM & TRON" given by respected professor @sapwood.

Pink and Purple Sporty Gradient Fitness YouTube Thumbnail.jpg

Picture made by me on Canva

image.png

WHAT IS POB?

image.png

The meaning of POB is Proof of Brain. In Steemit it is based on the consensus of POB. Basically, POB is a system where the reward will distribute among the Author and curator.

They distribute rewards from the pool wisely and according to their Steem Power. We can get rewards in the shape of SBD, STEEM, and TRX.

In Steemit curators give votes wisely according to the content is it good content or bad content. Steempower is also a stake weight mechanism; if you have high SP it can help to Upvote and Downvote any content.

image.png

What does curation mean to you in Steem Blockchain?

image.png

If we talk about curation in Steem blockchain, we can say upvoting and downvoting to any content.

  • Firstly we need to read that post and read that content.

  • Is that quality content?

  • If you find anything good in that post, leave a comment there.

  • Before Resteeming or doing anything you need to check that post is free from plagiarism.

  • Now you can comment there, you can Resteem that post so if that post has something your followers will read that post and can get knowledge by that post.

  • At the end, you can upvote that post so Author and Curator can get rewards from the reward pool.

image.png

What are the benefits of building SP?

image.png

Building SP is one of the important thing. There are many benefits of building Steem Power SP. Below I’m going to discuss some benefits.

If you have high SP it will help you to participate in many contests, many communities start contests and they have some specific rules to participate in those contests and one of the most common rule is SP.

If we talk about Steemit Cryptoacademy if you want to participate in beginner-level courses you need to have 200 Steem Power if you have less than 200 SP you are not able to do assignments.

If you have more SP you can delegate it with newcomers so it will help them to participate in contests for getting rewards.

You can delegate Steem power to your community account for the betterment of your community.

image.png

How do you explain self-upvote as a good or bad social behavior & why?

image.png

I think self-upvoting is bad behavior. Basically, it means you are curating your own post for getting rewards.

We need to give votes to those who share quality content with us. By upvoting, we can support them and it will motivate them to share more quality content with us.

image.png

Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM (screenshot required)?

image.png

Here below you can see the Rank Of Steem, Price Of Steem, and MarketCap.

search steem 1.png

Screenshot was taken by me on Coinmarketcap

rank of steem.png

Screenshot was taken by me on Coinmarketcap

image.png

What are the different tokens do you earn by socializing in Steem Blockchain

image.png

By socializing we can earn these Four Tokens.

  • SBD (STEEM DOLLARS)

  • STEEM

  • TRX

  • SP (STEEM POWER

image.png

How would you use your TRX earned in Steem Blockchain to optimize earning in the Tron ecosystem?

image.png

When we earn rewards in the shape of SBD or STEEM we also get TRX tokens as well but many of the users don’t know much about TRX.

We can get benefits from these tokens as well if we want we can combine our Tron Link wallet with Steemit Wallet.

If you want you can trade your TRX token by DApp JustSwap. If a user wants he can trade his TRX with SUN by JustSwap.

image.png

REGARDS:

@ahtishamghumman5

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
Loading...