Crypto Academy Week 13 - Homework Post for @yousafharoonkhan || Centralized and Decentralized Social Media

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Hi, friends hope you all are fine, today I have completed this week lecture post by professor @yousafharoonkhan, and learn in-depth about centralized and decentralized and many things about steemit which from today lecture post, I'm going to write a homework post in which I will try to answer all question in a proper way.

Describe and differentiate centralized & decentralized social media in your own words.


Centralized Social Media:


Centralized social media are very famous among us from the day first we are using these platforms and still, somehow we link to those social media platforms. as word describe all things centralize means one signal company or party have access to all things, in the same way, centralized social media are those in which platform owing company have full access to all things.

In centralized social media, users have to follow are rules written by that particular company that is proving the platform. like we have a big example of facebook which have billions of user have they keep increasing, the user has to agree on terms and condition before signup and company have access to all the billions of users data.

As we have seen centralized social media are not secure because the company has the rights to share or sell data with anyone which is company profit like we have seen in American elections facebook have to sell millions of users data, which like not like age etc which is used by a big company to change the way of campaigns this help them to win elections.

Users don't have the rights to fully do whatever they want they can be ban anytime with out any solid response, still we can see equality there some have rights to do whatever they want and some users have limited access it purely comes in centralized social media.

Decentralized Social Media:


Decentralized social media are those in which no central authority has access to its users as we have seen in the above example Facebook has access to it's all its users and any time they can do whatever they want because the user has signed terms and conditions at sign up. In decentralized social media, user does have to follow rules but there is not any centralized authority that runs the company it's run by a decentralized system user have to choose consensus before want to change in platform unlike centralize they can do whatever they want.

In decentralized social media, user does have full access to his or her accounts all things are transparent because it's is part of blockchain technology most secure and trusted to date nobody can post on your behalf even company do not have access to change or manipulate user data.

Everyone has equal rights to use this platform no one can ban or block anyone because of useless reasons, unlike centralized social media which keep tracking of all the data like what you do, etc, here in decentralized social media you don't face this type of problem only you have access to your very own data and you're insecure and trusted platform.

Steemit is the top decentralized social media to date in which user have the freedom to create quality content not matter who they are and what they are doing, unlike Facebook which is earning from its user showing unusual advertisement 24 hours, and user are getting nothing herein steemit user will get rewarded on the basis of there quality content in cryptocurrencies like STEEM and STEEM DOLLAR(SBD).

Difference between Centralized and Decentralized Social Media.


Centralized Social MediaDecentralized Social Media
The central authority has access to users' data.No central authority has access to users' data.
They have ban users at any time.No one has access to ban users.
Centralized data warehouses.Decentralised distributed system implement.
They can sell users' data.No fear of data lose

The Future of Social media? Centralized or Decentralized.


Future is going to towards decentralization now a day we have seen a boom of blockchain-based projects many companies have a select blockchain-based mechanism to secure their data, don't link cryptocurrencies with Blockchain it is just one application of Blockchain, we do many use cases of blockchain technology.

We have seen the pillar of blockchain which are decentralized peer to peer networks by which user are more secure, not one have access to all that because this designed mechanism and we have consensus algorithms which make this thing possible to make decentralization by multiple algorithms and last one transparency by which every transaction is transparent and secure by cryptographic algorithms this is the power of Blockchain technology most secure and trusted.

In the future data is really important and everyone will make it secure and we have seen day by day everything is comping to decentralizing and when it's coming to social media we have steemit where users feel safe and freedom to share content and get rewards in steemit platform cryptocurrency. hope we will see many other platforms like steemit in the future, decentralization is freedom.

How steemit decentralization social media is best than Twitter and Facebook?


Facebook is social media of million of user and Facebook have rights to access millions of user data and sell them to any company or they can use for many reasons, here in steemit user have free to do wherever they want no one is accessing there private data. Twitter does the same thing as Facebook did block many accounts randomly and sell data to companies it's business for centralized social platform user are not secure.

Facebook is seen users as the product they earn from them user only have a platform to use and in steemit users will give some reward. Twitter does some things these centralized social media are getting benefits from users.

What do you say? How do Steemit social media change the lives of millions of its users?


Steemit is already changing the lives of millions of users and we are seeing new changes in steemit by which newcomers are coming on a daily basis, Here all the users are earning an awesome amount of money which is very good unlike we are using others platform whole day and we get nothing at the end of the day, here user will get something in return and that great thing about steemit.

The more quality content providers come to this platform the more value comes to this platform and uses get rewards decentralized social media are still not famous and many users don't know about it hope in the future they will know about this huge beneficial platform and gain something for their valuable time.

How can we make money with Steemit's decentralized social media?


In steemit decentralized social media platform, it's not hard to earn, it's very easy to use and get rewards first thing anyone has to do this that they have to choose in which category they are best like someone is good at cooking so it's really good to share food recipes and get rewards and if the user has good photography skills he or she will join communities on steemit platform where they can share their amazing skills and get rewards in steemit cryptocurrencies, and here are we have seen so many competitors are ongoing where the user has participated like Daily Diarygame and etc. if you are good learner it's not hard to make money in steemit social media.

How to create communities on Steemit social media?


In steemit social media crating communities are not a harder job it's quite simple we just have to follow few steps and we can create our very own community within few minutes, here we need some funds in our steemit wallet before creating communities.


Steps to create communities in Steemit.


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  • First, you need to login into your steemit account.

  • Go to the home page of steemit https://steemit.com/


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  • Here you can see Explore communities click on this.

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  • Now you can see create a community click on this.

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  • Here you have to provide the title name which will be showing to users and about where you have to write something about your community.

  • Save name and password and check below and click create community.


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  • Now you will see a payment screen you have to pay 3 steem for creating community are paying this you can see your community on the home page, this is just a tutorial if you want to create a community in real you have to pay 3 steem fee and you will create your own community on steemit platform.

Conclusion


We have seen the difference between centralized and decentralized social media and found decentralized social media have won the game in the future we will see more decentralized social media now it's our job to share about steemit platform to others and bring more quality content providers to this platform by which that user will get rewards for their time thanks.


Cc:

@yousafharoonkhan
@steemcurator01

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Thank you for joining The Steemit Crypto Academy Courses Season 2 Week5 and participated in the Homework Task.

  • need more detail to explore the question 4,5 ,
  • look homework fine
    thank you very much for taking interest in this class

Grade : 7

Thank you professor 😊

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