Hello everyone, hope you are all doing great. I welcome you all to my third homework task provided by @yohan2on. Thanks to @steemitblog for this awesome initiative. I'll be comparing Steemit - a social media Dapp, and Facebook - a traditional centralized social media app in this post.

Both Facebook and Steemit are mainstream platforms and are notable for various reasons. A large portion of the bloggers are exchanging between these platforms and a greater part of them don't know about what these platforms hold for them. Let’s have a look at both of these platforms:

Steemit

It is a substantial platform that is based on blockchain innovation and has added incentive highlight for bloggers to adapt their substance. A Steem blockchain runs by squares and representative confirmation of stake (DPOS). For that, it needs to get a Steem witness arrangement. In this, Steem people group chooses an individual as a 'witness' that goes about as the organization's block maker and an administrative body. A client that posts either articles or remarks on SteemIt brings in cash as cryptographic money called Steem. It relies on the number of upvotes your substance gets. Other associated sites that collaborate with SteemIt are DTube, DLive, Steepshot, and some more. Beginning to grow such Steem applications with stunning highlights is anything but a simple errand. Applications that interface straightforwardly with the Steem blockchain need to have a Seed Node Setup. With this, the designers decide to utilize public API hubs accessible in a huge number or run their own occasion of a hub.

Facebook

Facebook is a medium that allows us to associate with others in an assortment of ways. You can interface with different clients by your email account. This sort you can decide to add these individuals as Facebook companions. The other individual will get a solicitation for him from you to check or overlook your solicitation. This is a way you be associated with different companions. You can likewise utilize the Friend Finder which will recommend with whom you should be companions. While utilizing these administrations we see numerous advertisements on the sideboard. These promotions are from different publicists who pay Facebook to show those advertisements to us. This was the underlying route through which it used to bring in cash. These days it is procuring by numerous different techniques like requesting that its clients pay for advancing pages, posts, and so on.

Similarities

• Following: Both the steemit and facebook have 'follow' features.
• Tagging: Both the platforms have 'Tagging' feature to spread and find information.
• Posting: Both the platforms have posting options like text, pictures, videos, and links.
• Commenting and Liking: A user can use both comment and Like features on both platforms. The liking feature is called upvoting in steemit.
• Blogging platforms: Both the steemit and facebook are regarded as blogging platform.

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Advantages and Disadvantages of steemit

Now I will try to analyze what its advantages and disadvantages are.

Advantages

• Rewards content makers by taking an interest in the organization.
• Through the voting framework to focus on quality substance, the platform urges members to meet the best standards.
• By aggregating SteemPower, any user can build their impact on the platform and along these lines their benefits.
• As a decentralized platform, most democratic is done through voting frameworks.
• Steem scrambles all client information with the goal that nobody can get to it or discover the information of a record proprietor.

Disadvantages

• Imbalance in the voting power: It very well may be a bit of leeway and an inconvenience simultaneously relying upon what you look like at it. This is since, in such a case that a client has a lot of votes, the person can forestall the development of another client who doesn't.
• Loss of password: A safety effort that can turn into a major detriment on the off chance that you fail to remember your secret phrase. Steemit doesn't have a secret word recuperation choice.
• Inflation: Steemit doesn't have a predetermined number of units, yet more are created each day. Regardless of whether you guarantee that there are tokens for everybody, this can prompt impending expansion.

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Advantages and Disadvantages of Facebook

Now I will try to analyze what its advantages and disadvantages are.

Advantages

• Facebook has encountered emotional development, it has arrived at in excess of a billion clients and it is as yet developing quickly, It can be helpful yet you should try not to get dependent on it, It has a decent security setting as you can begin a video call, You can transfer the photographs and the recordings without charge.
• Facebook encourages you to interface and offers with individuals in your day to day existence, You can associate and locate your outdated companions and school companions, you can associate with your family members, You can make new companions on Facebook from the various territories of the world, You can associate with individuals by utilizing Facebook talk and the messages.
• Facebook allows you to interface with various individuals from anyplace on the planet, it causes you to study the way of life, qualities, customs, and customs of different nations on the planet. Numerous individuals particularly understudies use Facebook visit for bunch conversations, while a few organizations use it for short gatherings, It gives a basic and little talking application that you can use to visit with your companions.

Disadvantages

• Facebook is full of fake profiles.
• The most concern of Facebook is its privacy and security.
• Some features are very confusing to a portion of users.
• Facebook is a very time-consuming platform.

Conclusion

Since the Facebook algorithm is smart and just shows content "important" to your area and language, it won't ever have the option to offer you content that will widen your substance skyline. Steemit doesn't utilize a calculation for a client's profile and will ideally never do in light of the fact that individuals like the self-rule to pick what content they need to devour. It has gotten vital to fabricate an interpersonal organization that takes into account the development of nonregulated content utilization. As you can see there is a great deal of highlights Steemit can profit by and influence against the more established informal organizations. Remaining extraordinary and not doing what every other person is doing will be the way to progress for Steemit.