Even though we have numerous blockchain, I decided to make the steemit blockchain my all-time favorite, I believed we all in this steemit blockchain knows a lot of idea or information about great blockchain. So here we have the steemit blockchain to be a good an encouragement based blockchain which is mainly established to be rewarding its users on the blockchain for creating a good and quality content from their understanding or idea, The steemit community does not accept users from plagiarizing content from the internet and presenting as their own or spamming other users content, Users who found for engaging in such activities will be banned from the community, They encourage every user to be creative.
Also, the steemit community is specially built to be operating with the PoS to be their consensus algorithm, Which is used to assess a user's contents that are the originality or the individualism of their content. Also, the steemit blockchain has been built to be having a reward system approved on the steemit blockchain, Which is usually involved in what we call the reward pools
source
The steemit blockchain was specially built to be a decentralized blockchain that allows users to express their passion, And any type of content in any community, Users can also join any community of their choice and make posts such as entertainment, Arts, Football, Beauty of creativity, Dance and music and many more.
Also, the steemit blockchain always rewards its users with incentive coins such as TRX, SBD, and steam to users for creating quality content. So it is always advisable for users the be creating their content and must avoid spamming or plagiarizing other creators' content from the internet, Post which is found in such as might be either downvoted or muted because such is prohibited in the blockchain.
The steemit blockchain has been built in a way that users or individuals with high steem power must not be always upvoting themselves because users with less steem power will not benefit. Users with less steem power must always try to power up their earnings to help them build their steem power.
Usually, the steemit blockchain was specially built as a decentralized blockchain, Where users are free to post any content of their choice And do not need any permission from anybody before participating in the steemit blockchain. They steemit blockchain happens to be a social blockchain where users are free to post any content of their choices such as football, Art, Music, and many more in different communities. Also, the steemit blockchain does not need users to make payment before they can participate, It is registration-free, Users can join and post creative content to gain free rewards from the steem creators. So in the year 2016 Ned Scott and Dan Larimer successfully launched the steem token as well as the steemit blockchain, this blockchain is progressing and a lot of users including myself are enjoying the great blockchain. After they launched the blockchain they needed to enroll the steemit community to their users, That is ahead of the steemit blockchain in other to gain more attention. So after the creation of the steemit blockchain, it was able to build up creators, Authors, These authors and creators have different functions on the blockchain, usually, the authors are those who make their own or original posts, And we have the creators to be those who always vote on our post. This signifies how the steemit blockchain operates. The native token of the steemit blockchain happens to be the steem. After the establishment of the steem token, it was having less value on the market, But in the year 2018 the token was about to move in an extremely bullish at a value of $1, This happens to be steemit highest rise in value on the market.
So here I will be listing some reasons why I prefer the steemit blockchain to another blockchain.
- The steemit blockchain was built as a decentralized blockchain in a form of social media where users are free to exhibit their talent in blogging, Drawing, and many more without the interruptions of mediators or third parties.
- Users who always create their original and quality content are been rewarded by creators for producing good content, In other to help encourage all users to be creating original content. The rewards comes in a form of SBD, STEEM, and TRX.
- The steemit blockchain is also a decentralized blockchain, Where ownership of an account or wallet is very high, In this blockchain, users are given their private key, Active key, Public key, and memo key, Which helps them operate their account at any time without the involvement of third parties.
- The steemit blockchain is a type of blockchain where users are always encouraged to be creative in their ways, Users who are found plagiarizing or spamming content will be banned from the community.
The steemit blockchain was officially launched in the year 2016, So after the launch, the blockchain was unfortunately hacked by unknown hackers, When the blockchain was 14 weeks old. The unfortunate tragedy was made known to the public after the officials or creators of the blockchain declared it on the steemit official webpage. The hackers caused a lot of harm to the steemit blockchain and other steemit accounts.
The hackers were able to hack 260 steemit accounts, And it didn’t end there the hackers were also able to steal about 85,000 US dollars which were in the form of SBD and STEEM. This caused a lot of harm to the blockchain. After resolving everything they decided to improve their blockchain protection by giving all users their private key, Public key, Memo key, and Private key to helping them keep their accounts from all fraudsters. It is always encouraging that users must take good care of their keys and must not be saved online to prevent fraudsters, It was always saved offline. Since the steemit blockchain was able to solve its hacking tragedy it has been 6 years now the blockchain is still secured and fraudsters are unable to attack for all these years. This tells us the steemit blockchain is a good blockchain and the creator's work put in place is awesome.
The reputation and steem power for beginners, Intermediate and advanced must be reduced for every one standard.
The creators must always give additional rewards to all the promo steemians Because they are playing a great role in the community by introducing steemit to newbies.
The steemit blockchain must take the opportunity to make a general announcement of their blockchain on all the social media platforms such as Facebook, Twitter, Instagram, and even advertising on television stations, Radio stations, and newspaper, This will help gain a lot of attention from users to join because it is a great blockchain.
All users must be provided with a steem plagiarism site that most teachers used, where they can check for plagiarism before they post their task, It is very painful spending a lot of time on a task, and being reported as plagiarized content is very painful.
Users must be rewarded more on the crypto academy posts than any normal post, Because with the crypto academy users spend a lot of time on each task.
The courses given must be increased that is three courses for beginners, intermediate and advanced.
There are a lot of project which has been built in the steemit blockchain, For this task I decided to talk about a project called the STEEMIT BLOG, Which has been successfully built in the blockchain and it’s helping users in numerous ways.
THE STEEMIT BLOG.
In the year 2016, the steem blockchain successfully established its main decentralized application which happens to be the steemit community, This community has helped a lot of users including myself after it was launched. As I said earlier the steemit platform is a decentralized blockchain where users are free to make any post of their choice and post to get rewards.
The steemit blog helps users in numerous, That is it allows its users to be joining different communities of their choice And makes posts in other to get rewards from curators. Some examples of communities that users are free to join include, Steemit crypto academy, Steem Ghana, Lifestyle, Music and Art, World of football, Steem SEA.
The steemit blog also helps newbies to associate themselves with the steemit community, Because anytime they visit the steemit blog they can read or found out anything about steemit they would like to know. The steemit blog also encourages users to be creative in their ways, Anytime their content is found to be plagiarized content it will be muted and also downvoted. Also, the steemit community rewards its users with STEEM, STEEM POWER, and SBD. In my next writing I will give a brief about these tokens.
STEEM POWER: So as the name signifies anytime users make or post quality content they get curated in a form of steem. It is always advisable that users in the steemit blockchain must also take the chance to power up their steem earns, Just to build their account and voting power Because the amount of steem power you have in your account determines your voting power.
SBD: This type of token is usually gotten from the rewards of our posts when they are been created. This SBD is usually converted to steem by users. Usually, 1 SBD costs more than 1 USD.
STEEM: This happens to be the native token of the steemit community. Users are always free to be converting their SBD into steem, The steem can be used to power up, and It can also be withdrawn by users.
Thank you for publishing an article in the Crypto Academy community today. We have accessed your article and we present the result of the assessment below
Comments/Recommendation
There seems to be some confusion here in your submission. Steemit is not a blockchain, rather a DApp project built on STEEM blockchain. I hope you can make out time to make more research on STEEM blockchain. Thank you for participating in this contest.
Total|4/10
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi professor @reminiscence01, I do not understand the accessment you have made on my presentation. I am not using any voting bot services. Should I be punished for people choosing to auto vote me without my permission?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit