Steemit Crypto Academy Contest / S10W5 -: Getting to know Mvest

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_{Hello Everyone
This is @max-pro from, #Bangladesh}

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Assalamu Alaikum to all. Hope you all are well. I am also fine by the grace of Allah. So today I'm here to participate in the wonderful engagement contest organized by this SteemitCryptoAcademy community. The name of this contest is Steemit Crypto Academy Contest / S10W5 -: Getting to know Mvest. So every engagement contest this week is awesome. So I will happily discuss my views on this topic in detail. So let's get started, stay with me.

What is Mvest?

Mvest is a measure used for the Steem blockchain. Means Mvest membership is a method that converts the common power of each member into the voting power of the organization. As far as I know 1 mvest is equal to 1 million vests. Mvest membership depends on a number. Which is determined based on each member's assets, posting schedule, post quality and other user activities.

In fact, Mvest appears as a reward given to bloggers by value institutions. The Mvest value is calculated using the value in the secondary component, based on the above dependence on the activities and income of each member. This means in simple terms, Mvest memberships show the organization voting power in general power of bloggers and are used as rewards.

Source Pixabay

What is the relationship between Mvest and Steem?

• First of all, Steem is a blogging and social media platform that allows ordinary users to write, publish and interact with blogs. The Steem company operates a website called Steemit, which helps bloggers publish their writing and organize with other users by swiping the instant version needed. The Steem platform uses a fully distributed blockchain network, which recently ranked it among the world's top cryptocurrencies by market cap.

• Mvest is a member statistic of the Steem blockchain, which is a measure of the blockchain network organized with the DPC protocol. Mvest membership is effectively a system that converts the common power of each member into the voting power of the organization. Generally, through membership, users can vote on blog posts and other user activities, and these votes are then adjusted according to the organization's statistics. Mvest membership is a related measure that depends on the income bloggers receive, which is displayed as awards given to bloggers by organizations.

Thus, both Mvest and Steem have recently become active through blogging and social media on the Steem platform. In simple words I show as an example in a screenshot how much Mvest is equal to 1 sp.

How many Mvest does your account have? Show screenshot.

Checking the Mvest of all our steemit accounts is very easy. For this first you need to enter the steemworld.org site. Then click on dashboard option to enter. Then enter the balances option and you will see your earned SP and Mvest. Also you can check Mvest as per SP by clicking on Delegations option. So I have given the screenshot of checking Mvest of my account.

In the above screenshot you can see that my total Steem Power is 2841.879. So here to check Mvest I put my received SP in Amount sp box and we can see my current total Mvest. We all know that 1 Mvest is equal to 1 million vests. Here my total SP is 2841.879 and my total Mvest is 4,998,164.157424, which is clearly visible in the above screenshot.

Assuming that your account has 35,000.00 Steem Power, how many Mvest is it equal to?

Now I assume I have 35,000.00 Steem Power in my account. So it will be equal to 61,556,271.606681 vest.

So 35000 SP = 61,556,271.606681 Mvest.

So to check it I entered the steemworld.org side as before and gave the screenshot of Mvest check.

So I took the help of steemworld.org side to convert my account from SP to Mvest. Above I mentioned my total SP and total Mvest. Giving Mvest check is very easy as I have explained to you.

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Conclusion

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So in this contest we all will know the process of conversion from SP to Mvest. There are many people here who don't know what Mvest is. But this community has organized a very good contest, for which we all can get detailed idea about Mvest and all can check Mvest. So that's all my opinion on this topic. I am very happy to participate in such a beautiful contest. Hope you all like my post.

So I am Inviting my lovely Steemian friends, @patjewell, @waterjoe, @malikusman1, @radjasalman, @inspiracion to Participate in this Competition.

Thank You So Much For Reading My Blog.