Steemit Crypto Academy Contest / S1W1 - Favorite Blockchain Network by @franyeligonzalez

Hello dear friends of #SteemitCryptoAcademy, it is a pleasure for me to make my first participation in this community, I think they do an excellent job as they help many people to improve their education on the subject of cryptocurrencies, has a really solid project and brings many benefits to the growth of Steemit.

I hope my entry is to your liking and can provide some learning for other people ...

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First of all I want to talk a little bit about what is a BLOCKCHAIN, since many people nowadays have many doubts about it. **IT IS A FORM OF REGISTRY IN WHICH THE INFORMATION IS DISTRIBUTED AMONG DIFFERENT PARTICIPANTS WHO ARE IN CHARGE OF VALIDATING THE INFORMATION. We can also describe it as a SECURE DATABASE.

Now, let's go to the example I brought you:

1- A person who is "A" wants to send his money to another person who is "B".
2- This record, which is called a BULK, is submitted to the STEEM NETWORK.
3- This block loaded with information is presented or transmitted to different NODES (users in charge of validating the information, in the case of steem THE WITNESSES).
4- The WITNESSES APPROVE THE TRANSACTION, after verifying the information.
5- Once approved the block can be added to the STEEM BLOCKCHAIN.
6- And the money passes to "B" in a secure and transparent manner.

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One of the main characteristics of BLOCKCHAIN is that it is a DECENTRALIZED system, here we do not have intermediaries, we are the ones who manage our money and not a bank, for example. It is IMMUTABLE, since it cannot be changed once the information is registered. It is TRANSPARENT, everything can be reviewed since the information is exposed, it is public. IT IS SECURE, IT IS TRACEABLE, since we can follow the path of each transaction made. AND IT IS DISTRIBUTABLE AMONG MANY PEOPLE.

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An example can be seen in STEEMWORLD, where in each transaction we find a block and that block has the information that was recorded and the witness that approved the operation or transaction. As you can see it is information that we all have at hand, which is transparent, secure, traceable, distributed, immutable and decentralized.

Tell us about your favorite Blockchain network, its history, and why it's your favorite.

STEEM Blockchain is my favorite due to the fact that thanks to it I started my way in this world of cryptocurrencies, in 2018 when my husband and I discovered STEEMIT, its first Daap. On the other hand, over the years I have realized that it is a great project, it inspires security and a lot of solidity. If it will have a great capital I would not hesitate for a second to be a great investor to further improve the development of this Blockchain.

This Blockchain was launched on March 24, 2016 and its creators Ned Scott and Dan Larimer (Information taken from the internet).

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In this Blockchain we can find different projects, in the image we can see 7, of which without a doubt my favorite is STEEMIT. The information can be found on the following page: https://dappradar.com/rankings/protocol/steem

I consider that the STEEM Network works very well, now with respect to the STEEMIT PROJECT, I think that perhaps improvements could be made, such as requiring more quality content, it is no secret that many people commit plagiarism on the platform and this in my opinion is a big problem and a weakness that we should be more attentive, on the other hand, create more informative content and educate the population that makes life in STEEMIT, that most likely can attract large investors and developers who contribute to further improve the network and the platform.

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STEEMIT WITHOUT ANY DOUBT IS AN EXCELLENT PROJECT, I owe a lot to it and I know that everyone on the platform thinks the same, thanks to this platform I have been able to learn to manage in this cryptographic world and I have learned about this decentralized system, it is something that has changed my life and which I do not regret. In addition, it allows us to communicate and express ourselves with people on the other side of the world, meet and create great bonds, take responsibility and learn to be more responsible in our tasks.

I have grown a lot as a person and I have demonstrated with my work in STEEMIT that I can contribute a lot to this platform.

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This was my entry, thanks for the opportunity, it's excellent that you joined this challenge. The images were created in canva.