Achievement 5 Task 2 by @angeljenny64: Reviewing Steemscan.comsteemCreated with Sketch.

in Newcomers' Community3 years ago

Task 2

According to @futureshock, the developer of a steemscan, it is one of the sites relating to steemit, which involves SteemBlockchain and helps to know the price of steem in relation to other cryptocurrencies like trons, Bitcoin and other transaction that is being carried out on SteemBlockcahin.

It is a tool use for converting steem to other cryptocurrencies such as USDT, BTC, and TRX. It is an easy-to-use and allows people to convert their steem into other cryptocurrencies.

Explain the current Steem price and volumes on the date of submission of this review?

The current price of Steem to the dollar is $1.00, that is, One Steem coin is equivalent to $1.00 on cryptocoin market as of May, 2021. The volume of steem is the amount of steem coins which was traded traded in the last 72 hours in cryptomarket. The present volume of steem is 54,671.75 per day.

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Explain what all information shown under latest transactions and latest blocks section?

In explaining the latest transactions that identify the activities of steemians on the Steem Blockchain, for example, Upvoting, downvoting, rewards and comments. The click tab on the site shows the things which are itemized under various titles like Block ID, ID, Sender, Receiver/Permlink/Id, Type and Amount. It’s gives us the summary of activities that is being carried out by steem users.

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Secondly, explaining the latest blocks n @steemscam, it’s shows the ID relating to the block transaction in the cypto currency.

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Explain what all information is shown under Witnesses section and steps to vote a Witness?

Witnesses are identified as steem users on the SteemBlockchain that contribute tothe block to carry out smoothly without any space. Blocks are created every seconds depending on the research and also in running of the steemblockchain. The witnesses also identify the current price of Steem, the height of the block, the supply of steem and also the person who created. Votes can be done by clicking on the vote below.

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Explain what is DApps and mention 3 DApps which you have already used or may use in future as per your interest?

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In brief, DApps platform is a platform that has a collection of specialized steem extension apps which enables steemians to transfer them after their links has being shown to the maker. The DApps appears in different ways for examples, gaming, finance and health apps. The purpose of this app is to increase the level of steem blockchain and to find all the apps relating to steemit.

Explain how to use "Quick Convert" and what is the fee charged for different Steem amount for withdrawal?

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Quick Convert is use to convert your steem to another cryptocurrency like USDT, BTC or TRX in order to sell or trade or withdraw. It’s gives the current amount if converting to steem. It’s also state the charges relating to its conversion. The fee charged for different steem amounts for withdrawal are as follows:

In converting 20 Steem,USDT fee is now equivalent to 1.25985591 while that of BTC is 0.00050212 and TRX is 1.01000844

Explain what information is provided by the "Search" feature?

The Search feature provided the following information, that is, Blocks, Transactions, Account and witness located on SteemBlockchain. All you have to do is to type in the information you need to search and it will appear automatically. You can also type in amount and dates.

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How to make use of the Fast Convert feature:
First, if you want to make use of a fast convert, you have to state how much steem you need on the site for it to appear. After that, you make your choice on your preferred currency or crypto you want to convert to or from.

Then, you fill the receiver address, enter the cryptocurrency address, arranged it properly and lastly, enter you active key for confirmation and to sent your request.

This is for task2, thank you for reading.

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 3 years ago 

Congratulation!

You have passed Achievement 5(2) on understanding the different tabs on the menu bar on steemscan.com

RemarkRate
Presentation0.5
Tasks complete2
Engaging0.5
Total03

Rating 3

Please ready for the next tool used on the steem ecosystems. Achievement 5-3: Review steemyy tool Link You expected to understand how to check your Voting Power and different activities on your blog


Thanks
Greeter helper

 3 years ago 

Thank you very much, i was able to do everything under three weeks, although it took me a lot of time but i have to take my time to understand it all @fombae

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