Crypto Academy Season 3 Beginner’s Course Homework Post For Task 1:Steem And Tron

in SteemitCryptoAcademy3 years ago (edited)

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Introduction

Today is my first time to participate in a task by any professor and I’m very glad to participate in the class of professor @Sapwood for my first time.

This Task is on steam and Tron

Now,I will like to present my answers to the questions asked.

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WHAT IS POB?WHAT DOES CURATION MEAN TO YOU IN BLOCKCHAIN?WHAT ARE YOUR BENEFITS OF BUILDING SP?HOW DO YOU EXPLAIN SELF UPVOTES AS A GOOD OR BAD SOCIAL BEHAVIOR & WHY? EXPLORE COINMARKETCAP.COM TO INDICATE RANK,STEEM PRICE AND COINMARKETCAP OF STEEM(SCREENSHOTS REQUIRED) WHAT ARE THE DIFFERENT TOKENS YOU EARN BY SOCIALIZING IN STEEM BLOCKCHAIN

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The full meaning of POB is proof-of-brain,and it is all about the reward pool which is known to be 65% of the total,the Steem power(SP) which is known as the stake weighted mechanism and the wisdom of the people. The stake weighted mechanism.Thus, Steem power(SP),Which helps Steemians to upvote and downvote posts or blogs from the reward pool.

WHAT DOES CURATION MEAN TO YOU IN BLOCKCHAIN

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Curation is the process of upvoting of a post by a curator,it’s is done when a curator clicks on the green button below a post ,which the author of the post being upvoted by the curator,will earn curation rewards.

WHAT ARE YOUR BENEFITS OF BUILDING SP

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•SP mean Steem power,and personally sp have help me join the crypto academy,125 SP is required to join the Crypto academy and I just gained that last week which is my ticket to join.

•It has help me gain more influence in my voting power.

•it has help me get automatic in the Steem reward pool.

•It has help boost my reputation

•It has help me gain knowledge of powering up.

HOW DO YOU EXPLAIN SELF UPVOTES AS A

GOOD OR BAD SOCIAL BEHAVIOR AND WHY.

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Self upvote is voting on your own post,it’s is done when an author upvotes his or her own post.
Self upvotes is a good social behavior,because if you upvote your own post then anyone to upvote your post will know it’s of quality,because voting on your post shows you trust in yourself that it is of quality.

It helps you gain a share of the curation awards.for example if you are being paid 65% on a post you have self upvoted you can get more than that ,and it will not be much.

The post might make it to the trending page,making you gain more votes and money.

The author gains more and even more if he votes later

EXPLORE COINMARKETCAP.COM TO INDICATE RANK,STEEM PRICE AND COINMARKETCAP OF STEEM(SCREENSHOTS REQUIRED)

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Type Coinmarketcap into the search engine of google,and the website will appear with this webpage

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•Steem is rank 177th among all cryptocurrencies at the time I was writing this post.The amount in the green box is the rank of the Steem as talked about and shown above.

•The value in the pink box is steem’s total market value,when writing this post steem’s total market volume was $204,877,380.

•When writing this post a Steem was priced at $0.5291.The value in the orange box is the price of Steem.

WHAT ARE THE DIFFERENT TOKENS YOU EARN BY SOCIALIZING IN STEEM BLOCKCHAIN

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SteemDollar(SBD)
Steemdollar is a type of token which is available on the steem blockchain platform.It can be converted to Steem at anytime,it can be transferred to anyone it can be gained through curation.

Tron
It’s another kind of steem blockchain token,that can also be gotten from the rewards of posts.Tron reward amount and SP reward amount are almost the same amount.

Steem
It is a token which many people are not familiar with,and it is a liquid Steem on the Steem blockchain platform,which can be sent to colleague users,withdrawn to the stock exchanges.

Steempower
It helps users to gain more influence in their voting power,and more to the point it have help me join the crypt academy,because you need to have about 125 SP to be able to join the academy.

Conclusion
I enjoy everything about crypto academy and I’m glad to participate in my first task.Me being a beginner, there is a long way to go but with patience and time I will be able to reach at the top of this academy.I will be study the other task so that I can even perform better than I did today.

Thank you @sapwood

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