Home work Task-1

What is PoB? What does 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 & why? Explore Coinmarketcap.com to indicate rank, STEEM price, and coinmarketcap of STEEM(screenshot required)? What are the different tokens do you earn by socializing in Steem Blockchain?

Hi friend, to be in this platform called #steemit is a cause for joy. Not only that steemit gives us reward but, it educate and teach us about the knowledge of a Block chain. This includes the way we can deal with digital currency. In steem we have some currency, they are steem and tron and this are in the knowledge of steemit. So I will like to express my ideal about steem and tron through the help of professor @sapwood, who has given more enlightenment in Steem and Tron.

TASK 1: STEEM AND TRON

STEEM

Steem is a crypto currency which is used as exchange for steemit in monetary term. It is also used as reward exchange in steemit. Steem is the first currency seen in a wallet. Steem serves as Steem power when there is a power up in steem.

Steem power is a liquid currency that helps for the effective running of vote. Steem power helps a vote to be effective. The power in steem power is the strength that is derived when voting. To have a powerful vote supply, there is a tendency that large amount of steem power is vested in through powering up steem. Any new account register has 15 SP and 1Steem which is used to help new users in steemit.

TRON

This also a currency found in steemit. It has connection in steem. The amount of steem that is derived from vote is the same with amount that is gotten to tron. Tron serves as coin in steemit which can also be used as an exchange.

What is PoB?

PoB (Proof of Brain) is a reward pool in steemit, which is derive when an independent wisdom to determine good/bad content which is known as decentralized. This is the act for an independent to distribute up-vote or redistribute down-vote from the reward pool to the influence of SP for the effectiveness of up-vote and down-vote which is known as stake-weighted mechanism (SP). The collection of wisdom to acknowledge god/bad contest and stake-weighted mechanism is known as Proof of Brain (PoB)

What does curation mean to you in steem

Curation is the act of reading a post to determine the independent of post good/bad content and then use stake-weighted mechanism to distribute reward pool.

This is the act by which as post is being checked across in order to know whether it is satisfaction of the independent reading the post, being free from plagiarism, original authorship, up-vote if useful after checking the harm or good way the post affected you and then resteem the post, with all this collection of analyzing a post it is called curation in steem.

What are the benefits of building SP

More the higher power of SP more the influence of higher vote. SP serves as very good benefit to steemit. SP brings about distribution of reward pool which is the up-vote.

SP is used for a smooth running of a community in steemit. The SP is used for building community. Sp also helps the curators in a better influence of vote in a community.

It also creates a liquid currency called Tron. SP help to build Tron. But mostly for an effective curation reward SP is the key to it and this help to distribute reward in there appropriate portion.

How do you explain self-up vote as a good or bad behavior & why

Self-vote is bad behavior. This is the act of voting for self in a post. Self-vote is not a good behavior because, it shows that you have interest in your own work rather than other people choice.

Self-vote did not have a large amount of vote than when you aree been voted by other steem user. Self-vote do not have value, because no amount of your SP can have a large influence in your post than vote from other people. In self-voting there are limited, while vote from other steem user is not limited. Your post can be voted as much as and it will still have large value than self-vote.

Explore coinmarketcap.com to indicate rank, steem price and coinmarketcap of steem

We can see the coinmarketcap indicating the rank #172 the price of steem $0.5161 and the marketcap $200,426,489 and the circulating supply 388,392,570.36 STEEM, volume $11,509,098 Full Diluted Market Cap $208,547,409 together with there percentage

What are the different tokens do you earn by socializing in steem Block chain

In every bloch chain there is a reward token for it. In steemit there are three token I earn from my reward pool.

Steem Dollar SBD
Steem dollar is among the currency gain when your post has been voted. It has a large level of reward than the other token in monetary term. This is a very high value of token found in steemit

Steem
Steem is also a currency that is derived when a post is been payout. This currency is also used to upgrade your voting power. It is done by powering your steem up to SP.

Tron
Tron is a digital currency found in a block chain like steemit. Tron in steemit has a little low value of power in monetary terms. It is derive when a post is been payout.

SBD and Steem can be purchase from other currency to its form in form of exchange. Both are also used to purchase each other due to high/low level of currency.

Thanks.