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      "title": "Tron Ecosystem - Steemit Crypto Academy Season 5 - Homework Post for Task 1",
      "body": "@@ -3467,38 +3467,10 @@\n s.%0A%0A\n-____%0A%0A### %3Cdiv class=%22phishy%22%3E\n+- \n Expl\n@@ -3496,24 +3496,8 @@\n ck. \n-%3C/div%3E%0A%0A______%0A%0A\n The \n@@ -3620,16 +3620,18 @@\n  Block%0A%0A\n+ -\n  It will\n@@ -3670,16 +3670,19 @@\n  block.%0A\n+%0A- \n This che\n@@ -3720,16 +3720,18 @@\n r fee.%0A%0A\n+- \n It will \n@@ -3779,16 +3779,18 @@\n ction.%0A%0A\n+ -\n  It will\n@@ -3907,16 +3907,17 @@\n kchain%0A%0A\n+-\n  Transac\n@@ -3963,16 +3963,18 @@\n kchain%0A%0A\n+- \n It has c\n@@ -4015,16 +4015,18 @@\n tokens%0A%0A\n+- \n It will \n@@ -4071,16 +4071,18 @@\n users.%0A%0A\n+- \n It will \n@@ -4124,16 +4124,18 @@\n chain.%0A%0A\n+- \n It will \n@@ -4188,16 +4188,18 @@\n ystem.%0A%0A\n+- \n It is no\n",
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      "permlink": "tron-ecosystem-steemit-crypto-academy-season-5-homework-post-for-task-1",
      "title": "Tron Ecosystem - Steemit Crypto Academy Season 5 - Homework Post for Task 1",
      "body": "<div class=\"text-justify\">\n\n\n### <div class=\"phishy\">(1) What is TronLink and what is Tronscan? What are its uses? How do you verify a transaction status(including timestamp, resource consumption(bandwidth & energy), nos of confirmations) using Tronscan-- Examples, Screenshot? What are the different dApps can you explore using the TronLink wallet? Make a transaction(a micro-transaction) with Justswap or JustLend using TronLink wallet?Screenshot?</div>\n\n\n______\n\n### TronLink (Wallet):-\n\n_____\n\n![IMG_20211116_103908.jpg](https://cdn.steemitimages.com/DQmS96tAKpZGS7Vy2sBeY8ud7tyEWUH9g3o3zn7ziHkNeXw/IMG_20211116_103908.jpg)[source](https://www.tronlink.org/) \n\n\nTronLink is undoubtedly the official blockchain case of Tron - a non-custodial case and it is linked to the Tron system or gateway to access and trace the Tron system, thus the name TronLink.\n\n It has an all-in-one case, which can be operated on multiple systems like Golem, iOS, Huawei HarmonyOS, Chrome extension etc.\n\nTronLink is the ideal Net 3.0 case that is compatible and seamlessly integrated, powered by sensible contract, user approved to work with dApps.  Where TronLink might just be the case made for this by Tron Networks.  \n\nThe real purpose of the Tron blockchain is to serve as a case for carrying tokens and interacting tokens with completely different decentralized applications.  \n\nThe TronLink case is exactly the same as the trust case that will be used to connect decentralized applications on the Ethereum and Binance Sensible Chain networks.  \n\nTronLink has its own Golem and iOS APK as Case and is also available as Net Case via Chrome extension.  The case uses phraseology to make recovery and protection work for its owner.  \n\nTronLink supports all TRX tokens, is user-friendly and allows the production of multiple accounts.  This is all for the expansion of the Tron system.\n\n____\n\n### Tronscan (Website):-\n\n_____\n\n![images (18).jpeg](https://cdn.steemitimages.com/DQmZXvdTpSakSsddfxGs68GsqJx2tC6CgrFSSoD2kDtmSzM/images%20(18).jpeg)[source](https://images.app.goo.gl/1occybkyGP12rPwPA)\n\n\nTronscan is considered to be the primary and best block person of the Tron blockchain.\nIt provides a structured and systematic information that is certainly understandable to a specific person on the Tron blockchain, so anyone can query blockchain transactions without or with little stress during a searchable format.\n\n So essentially it acts as the backbone of the Tron blockchain and gives a great demonstration of how to handle results and pocketbook account information.\n\nTronscan is often referred to as the early official blockchain persona of the Tron system and alternatively designed an online pocketbook that allowed the transaction of Tron tokens as well as the interaction of dApps on the network.  \n\nLike my opinion, Tronscan is often outlined as a program for the Tron system with well-structured and organized information so that anyone can verify incoming transactions on the Tron system.\n\n\n![IMG_20211116_083914.jpg](https://cdn.steemitimages.com/DQmNppNoH9qePrgc3VsHAQ66gdGJCVoYpCp14NvubF9Luj5/IMG_20211116_083914.jpg)[source](https://tronscan.org/) \n\n**Uses of Tronscan:-**\n\n____\n\n- Some of the lesser listed benefits and uses of Transscan website are listed below:\n\n - Its purpose is to ensure and not check the validity of transactions on the Tron blockchain.\n\n - It will not detect the validity of the billfold address.\n\n - It will not check transaction status.\n\n____\n\n### <div class=\"phishy\">Explore the Genesis Block. </div>\n\n______\n\nThe genesis block is the first block of the blockchain network.  TronScan is used to trace the Tron Foundation's Genesis Block\n\n It will not search for the Tron genesis block.\nThis check uses the transaction value or fee.\n\nIt will not track the time and date of the transaction.\n\n It will not check the sender's address and the transaction's recipient's address.\nLearn Transactions on the Tron Blockchain\n\n Transaction time and date details on Tron blockchain\n\nIt has causality and billfold to get Tron tokens\n\nIt will not check the billfold balance of its users.\n\nIt will not produce new tokens on the blockchain.\n\nIt will not be a fake vote for the governance of the system.\n\nIt is not for joint deployment of contracts etc\n_____\n\n### <div class=\"phishy\">How do you verify a transaction status(including timestamp, resource consumption(bandwidth & energy), nos of confirmations) using Tronscan-- Examples, Screenshot?</div>\n\n_____\n\nVisit the official net address of Tronscan which is https://tronscan.org/#/.\n Wherever the transaction status is visible, check it with all the transaction related information.\nClicking on Random Transactions will display the transaction status, number of confirmations, sender's address, recipient's address timestamp, and resource consumption square measure, wherever you are.\n\n![IMG_20211116_094746.jpg](https://cdn.steemitimages.com/DQmaS8jSUekdRD6pYzrQ2TC8bxmESqeHDQa2XFxgXKH57Ub/IMG_20211116_094746.jpg))[source](https://tronscan.org/) \n\n![IMG_20211116_095935.jpg](https://cdn.steemitimages.com/DQmZqhsLGRqiMiSDr9vzRigcZoSU6qJii6KUWsHfxug7ixi/IMG_20211116_095935.jpg)[source](https://tronscan.org/) .\n_____\n\n\n### <div class=\"phishy\">What are the different dApps can you explore using the TronLink wallet?</div>\n\n_____\n\n\nWith the aim of sensible contracts and high outputs, Tron collaborates with multiple dApp developers for cost-effective and efficient operations.\n\nResearch has directed that there are approximately one.400 Tron-based dApps available on the Tron blockchain, with an average of one million daily users and a daily group action volume of $12.00,000,000.\n\nWithin the TronLink PocketBook app I get to explore several local applications such as games, exchanges, etc., including Chainz Arena, Blocklords, Trongue, TronScan, Justland, Poloni Dex, Bankroll, Just, JustSwap, Sun,etc\n\n![Screenshot_2021-11-16-10-08-31-194_com.android.chrome.jpg](https://cdn.steemitimages.com/DQmW7xHQUiNCfbJbjWzEd5W1B9mFsRbN5k7mKR1JrkQAuBb/Screenshot_2021-11-16-10-08-31-194_com.android.chrome.jpg)[source](https://www.dapp.com/topics/blockchain-games ) \n\n\n![IMG_20211116_101040.jpg](https://cdn.steemitimages.com/DQmYMU3AMZf2xuvANyKoAU2iz4K637GtRmVurcPMpZ9dwSw/IMG_20211116_101040.jpg)[source](https://www.dapp.com/topics/blockchain-games) \n\nMy Transaction experience using JustSwap and the screenshots.\n\nI swapped oneTRX with respect to 1.16JST by JustSwap DApp in TronLink and area unit hunting below screenshot taken from this process:\n\n I visited “Discover” to get additional options instead of the “Market” section, which has an instant swap feature on the TronLink app and I clicked on Just Swap between opposite Tron-linked dApps as a result of generating tokens.  TRX and JST interchange.\n\n![IMG_20211116_101758.jpg](https://cdn.steemitimages.com/DQmfVkCUcqspGVjdkqzbogaXN1cZYPSK9E6ZTCNzRA6na23/IMG_20211116_101758.jpg)\n\nInput amount of token to be Swapped.\n\n![IMG_20211116_101959.jpg](https://cdn.steemitimages.com/DQmVCY3GRSBPAopda4t7t8JkFd1gxY2oAn1gGyaxiqkunG2/IMG_20211116_101959.jpg)\nSelection of the preferred token for swapping.\n\n\n![IMG_20211116_102335.jpg](https://cdn.steemitimages.com/DQmVZM1qcsEDTVJcNyXipdVxDgJTiLH6DeanZRSeYmBywsK/IMG_20211116_102335.jpg)\nTap on the Swap button\n\n![IMG_20211116_102722.jpg](https://cdn.steemitimages.com/DQmP1mQ3mMuajGdYDZ7QiVpxuu6hgAmLfa1pKgsrmECHepd/IMG_20211116_102722.jpg)\n Then the Confirmation to the Swap.\n\nEntering of Account password.\n\n![IMG_20211116_103310.jpg](https://cdn.steemitimages.com/DQmWdUsPUyWbQWATrmhEnckHq3fzFQ4c111Xt8QXq9wwCoQ/IMG_20211116_103310.jpg\nAnd here the transaction was completed.\n\n____\n\n### <div class=\"phishy\">Conclusion</div>\n\n____\n\n\nI am terribly glad when surfing the group action experiences and learning concerning Tronlink and Tronscan.\nI really appreciate it, though I lost some TRX on the road thanks to my cognitive content of not activating my Tronlink notecase or account before initiating the linking method.\nI know these experiences can have a positive impact on American state and facilitate form my ability level within the world of crypto.",
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      "title": "Different types of Consensus Mechanisms - Steemit Crypto Academy Season 5 - Homework Post for Task 6.",
      "body": "<div class=\"text-justify\">\n\n###What's the difference between PoS and DPoS? Advantages and disadvantages? Do you name some Blockchain Projects that use the DPoS consensus mechanism and indicate the scalability? ? \n\n_____\n \nWith new technologies and the creation of decentralized networks, there are numerous deals that are carried out on the network that bear records and traces of their operations, these records carry pitfalls and to be used by vicious people. may be vulnerable, i.e. for this reason, agreement mechanisms are created, which are used to establish a protocol that allows to coordinate and break a problem in any distributed network, i.e. it's a It serves to achieve agreement that produces a single data value among different individualities in a particular environment Network. \n\n A variety of agreement mechanisms have been created that are used to secure the network, the most honored being Proof of Stake (PoS) and Delegated Proof of Stake (DPoS). \n\n Evidence of Stake (PoS) known as “ Proof of Stake” is awarded grounded on the quantum of commemoratives or cryptocurrencies a person holds, meaning grounded on the number of coins a stoner holds in it Can validate the sale. \nThe lesser the authority he has as a validator, and the lesser his interest in maintaining his security. \n\n![proof-of-stake-696x390.jpg](https://cdn.steemitimages.com/DQmRDYKLJCUEKvqMshvDBhr7xDmfv2wZzWJBGGDp5WNM3eo/proof-of-stake-696x390.jpg)\n[Source](https://blokt.com/guides/proof-of-stake)\n\nIt's the alternate most extensively used and known of the agreement mechanisms, designed to replace the first test known as Proof of Work (PoW), because unlike PoW, it doesn't bear tackle, but rather validators are used. \n\n But like all substantiation we find its advantages and disadvantages, among its advantages and disadvantages we've the following .\n\n____\n\n#### Advantages-\n\n____\n\n 1. Unlike the first medium, it doesn't consume important energy. \n\n2. It reduces the threat of centralization, improves decentralization, this is because everyone can share in the network. \n\n 3. In this, everyone has equal chances of generating the same prices anyhow of the quantum invested, of course the further coins you have accumulated, the advanced the profit. \n\n 4. It doesn't bear huge or advanced computer outfit, it only requires cryptocurrencies to be stored in the network, so they can be awarded by it. \n\n 5. It provides lesser security, a veritably important aspect in the world of cryptocurrencies. \n\n_____\n\n#### Disadvantages- \n\n____\n\n 1. The only thing that's demanded for POS to work is to store the cryptocurrency. \n\n 2. As everything is controlled by the network, since finances are linked to an IP, it becomes exposed and it's delicate to maintain obscurity.\n \n 3. Since everyone can invest, still much they want, this gives further openings for prices to those who invest more. \n\n____\n\n### Delegated Proof-of- stake (DPoS)-\n\n____\n\n![44343eb3c8c3b6ceb6cc26aca3b64927.png](https://cdn.steemitimages.com/DQmQtWzkwDCfXXLBiA18Cxu4aSs6byirhmZRCK3ah5B88FV/44343eb3c8c3b6ceb6cc26aca3b64927.png)\n[Source](https://programmerclick.com/article/50172160384/)\n\nDelegated Proof-of- Stake was established to exclude fraudulent exertion associated with centralization and centralization in the blockchain. \n\n DPoS was developed in the time 2014 by Daniel Larimer, an American software inventor author of Steemit, Bitshare, and EOSIO Software. \n\n DPoS was developed as an volition to both PoS and PoW as it's further feasible and scalable. And for the fact that DPOS doesn't bear machines with high energy consumption, the further the better. \n\nBitshare was the first DPoS grounded blockchain developed.\n\n how it works-\n This is generally arranged through an election process. Some influential druggies are being suggested on by the people for the part of substantiation in the blockchain. \n\n Substantiations produce or add blocks to the blockchain. For illustration, the affairs of the Steemit blockchain are handled by 21 substantiations, and they're in charge of sale verification. \n\nThe duties of representatives include; \n √ To determine the blockchain sale figure. \n √ To determine the payment of a substantiation. \n √ To find out the interval of blocks on the blockchain \n√ To determine the size of the block on the blockchain.\n\n It's insolvable for substantiations to engage in vicious conditioning for fear of losing their status to others, as there's an ongoing election process on the blockchain. \n\n DPoS as a popular approach to Blockchain gives equal occasion to all to be tagged as substantiations by the druggies. \n\n___\n\n\n #### Advantages-\n\n____\n\n\n✓ Autonomy and republic due to its decentralized nature. \n ✓ low energy consumption \n ✓ Light sale freights. \n ✓ Honesty on the part of substantiations for fear of losing their position. \n✓ The popular nature gives druggies the occasion to choose who'll be their substantiation. \n\n______\n\n #### Disadvantages-\n\n_____\n\n ✓ less number of substantiations \n ✓ There's a high probability of the minimal vote. \n✓ The presence of delegates, substantiations and delegates makes DPoS like a centralized system, where the musketeers of the jumbos are given control of the network.\n\n_____\n\n ### What's the difference between PoS and DPoS? \n\n_____\n \n**Pos ( Evidence of Stake)-**\n\n✓ A sale can be withdrawn or validated depending on the quantum of coins involved. \n\n✓ It's grounded on hoarding coins, the further power you have, the further power it has. \n\n ✓ It has low network scalability. \n\n ✓ Provides fast sale processing. \n\n **Dpos (The Delegated Proof of Stake)-**\n\n✓ It operates as a digital popular system, with votes being cast to determine who'll be in charge of producing the block. \n\n ✓ There's no minimal limit of commemoratives or coins needed to share.\n\n ✓ It's further energy effective and uses lower tackle. \n\n ✓ Optimize network scalability. \n\n____\n\n### Do you name some Blockchain projects that use the DPoS consensus mechanism and indicate the scalability?\n\n____\n\n**Steem:-**\n\nThe ability of a blockchain to increase its ability to process more transactions per second is known as the scalability of the blockchain.\nSome of the blockchains that use DPoS consensus mechanisms and their capabilities are listed below;\n\n\n![images.png](https://cdn.steemitimages.com/DQmYgWtBwwF3VkF6jRbzr2xQ7G9bzMfA1TgtaCeNFgZQpx1/images.png)\n[Source](https://www.google.com/imgres)\n\nAuthors receive Steem and some other tokens for sharing information on the Steemit platform. Its scaling potential is rated above that of the Bitcoin and Ethereum networks.\n\n**Bitshares:-**\n\n\n![images (5).jpeg](https://cdn.steemitimages.com/DQmf7PpFYd1XQ3ppym2Fa7KWK5f8aGmzQe1HnC7Cd1FpDPm/images%20(5).jpeg)\n[Source](https://www.google.com/imgres)\n\nThe Bitshares scalability is 100,000.\n\n**Tron:-**\n\n![images (6).jpeg](https://cdn.steemitimages.com/DQmQzkucgmS2awzZdcMVUyXpRAH9ezRexHY7J3ByCPhRTH7/images%20(6).jpeg)\n[Source](https://www.google.com/imgres)\n\nThe Tron has a scalability of 1,000 transactions per sec.\n\n**EOS:-**\n\n![images (1).png](https://cdn.steemitimages.com/DQmPWCzoD3uB2UmNw7S5r4wXB3whbDLBdTWPXjb7naYBGD3/images%20(1).png)\n[Source](https://www.google.com/imgres)\n\nThe EOS has a scalability of 10,000 transaction per second.\n\n**Nano:-**\n\n\n![images (7).jpeg](https://cdn.steemitimages.com/DQmXf9uapMXCDTxNUmFUvCe6M6GVXoRuieervfoQLMZ6A9E/images%20(7).jpeg)\n[Source](https://www.google.com/imgres)\n\nThe Nano has a scalability of 1,000 transactions per second.\n\n_____\n\n### Conclusion:-\n\n_____\n\nThis teaching has led to DPoS being the best consensus mechanism for use in blockchain.\n\nI appreciate the professor. @ sapwood for teaching",
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