Crypto Academy season 3 beginner's course- task 1: STEEM and TRON

in SteemitCryptoAcademy3 years ago (edited)

WHAT IS PoB ? WHAT DO CURATION MEAN TO YOU IN STEEM BLOCKCHAIN?WHAT ARE THE BENEFITS OF BUILDING SP? HOW DO YOU EXPLAIN SELF UPVOTE AS A GOOD OR BAD SOCIAL BEHAVIOR AND WHY? EXPLORE COINMARKETCAP.COM TO INDICATE RANK, STEEM PRICE AND COINMARKETCAP OF STEEM(screenshot required)?WHAT ARE THE DIFFERENT EARNINGS DO YOU EARN BY SOCIALIZING IN STEEM BLOCKCHAIN?

Adobe_Post_20211029_1450360.6841453620033658.png
Designed using spark post

WHAT IS PROOF OF BRAIN?

Proof of brain can be defined as a memorable name of distribution of authors and the curation and the curation of rewards. Proof of brain is also the intelligence or knowledge of a group of people to create good or bad content in the blockchain.

WHAT DO MEAN BY CURATION ON STEEM BlOCKCHAIN?

Curation for me is the assembly of reading someone post, resteeming the post , post which it's content is important to you, upvoting a post and dissipating the post .

In other words , curation may mean upvoting somebody's post or when your post is being upvoted by a person which will subsequently give you a reward . These rewards could be steems, steem dollars and trons.

WHAT ARE THE BENEFITS OF BUILDING SP?

Saving or storing SP is has a plethora of benefits to the user. And these benefits can be divided into monetary and non monetary benefits. I am going to examine the benefits of building steem power below.

the monetary and non monetary benefits of sp

First of all the more steem power you have , the more rewards you collect. From my understanding it functions like a bank . When you save more money, your interest rate will be high.
Secondly, the more so you have will give you more infleunce in the steem blockchain. This will attract many followers and also increase your rewards.

Again , keeping so will make you gain trons . You earn all these reward by being active in the steem blockchain. Besides ,each time you build up an sp , you earn 1 tron. So building sp is beneficial to you.
Lastly, the sp you build is like an investment. You can withdraw it at anytime by converting it into steem.
Again it helps in building your community. It could be by delegating certain sp to build the community and make it self reliable, and it also makes you to actively participate in the governance of your community and makes you gain followers. Doing this will make you master the steemit world.

HOW DO YOU EXPLAIN SELF UPVOTE AS A GOOD OR BAD SOCIAL BEHAVIOR AND WHY?

As for me self UPVOTE is like being the judge of your self and it is a bad behavior because you will not be able to know if your content is good or not. And this will also make you not to visit other contents which might limit you in knowing quality content post. But others have the point of view that it is building your so. But if you don't have much sp , you won't grow fast and you will be like self centered .

Indicate rank, steem price and coin market cap of steem

Screenshot_20211029-133805.png
screenshot of the coin market cap situation

The coinmarket rank from the above is at 200 and the steem market price is at 0.572$ and it's highest rate was at 0.5769$ and it's lowest price was at 0.5537$. The coin market cap is at 2.611.455$.

What are the different tokens you earn by socializing in the steem blockchain?

Steem blockchain has a plethora of tokens a user can earn after socializing. These tokens include the following;
You can earn steems, trons, SBD's, TRC 10, TRC20
Thank you for reading.

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 3 years ago 

Wrong label, read the rules well before uploading assignments.

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