SUBMITTED BY @chaalee: [blurttradinghub: Season 1 - Week 1; Blurt blockchain project] lectures by @chinonso01

in blurttradinghub •  3 years ago 

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Introduction

Starting a new business plan is good. Investment on the other hand is wonderful. Cryptocurrency has taken all over the world with clear proofs of stability, transparency and longevity. A lot of people now trust and believe in the digital money system, and prefers to invest in cryptocurrencies than in Fiat currencies. Cryptocurrency has become the strongest financial ecosystem with lots of investors still trooping into it. But before you venture into investing in any type of online asset, you have to understand why you want, how you want to achieve it and also, know the advantages and disadvantages of the currency. Make sure to understand how things works in order to minimize your lost and have high chances of getting the best of it.
For this week's professional homework task, I will be talking lots more issues as regards to crypto investments and how to understand where you're heading to.

SIGNIFICANCE OF TOKEN ROAD MAP

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Just as I have mentioned earlier, when we want to slide into doing some digital investment, mostly related to cryptocurrency, we should have our layout steps and plans on how we want to a positive result. With this, let's understand what a token roadmap is.

what is token roadmap

A token roadmap is an outline or layout of how an investor plans to achieve success at the end of a project. This is more like a guideline toward achieving success and minimizing lost at the end of a project.
When you create a roadmap for yourself, it breaks down some pretty difficult goals for you and make them even more simpler for you.
Let's say an investor wants to invest in a particular token, his well defined roadmap should outline some interested milestones within that time frame that would help keep him)her in lane towards their goal.

How important is a token roadmap?

Roadmaps are if different time frame; long, short and medium. These plans can also be different from a nother person's own.... i.e roadmaps are different based on who outline them and who uses them.

As an investor, you need to know how to outline your roadmap if you want to invest in a token. Most buy lots of cryptocurrency without knowing more about them and without a proper plan on what to do with them.
After defining the token to be used, the roadmap helps investors in making it easier for them by knowing when to acquire such token or when to use. It also allows the investor know when the value of the token is likely to grow and when to hold on to such token.

In summary, the token roadmap will guide the investor through his journey on crypt investment, and to also minimize some unnecessary lost during the course of investment. Let's call the roadmap a self-created guidelines for an investor that leads him to a successful goal.

Should individuals, corporate entities, banks invest into blurt ecosystem?

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Well I feel this question is meant for me alone. I'll say YES. Blurt is a currency with low value. Now listen, if you think all the money in cryptocurrency has already been bagged then you lie, lots of people are still investing because there are more profits every day by day. Blurt is a currency with high future remark and for this reason, it is best that individuals or companies that wants to invest in it but have doubting minds should come and have a rethink. Blurt will be best for individuals or companies with a lon-term vision. It is a reliable coin that can maintain it value ranges for a long time, and most definitely, increase in value in the nearest future.
And also, just like every other cryptocurrency, blurt can neither be hacked nor informations be misplaced. Your coin and investment will be safe with no third party interference, no lost and minimal transaction charges.

Explanation on how blurt power works.

The blurt power (bp) has it own use in the blurt platform. It is mostly important in terms of relevance and influence on the site.
When you create an original content on the blurt.blog site, you will be rewarded either 75% blurt power or 100% blurt power which will be claimed after seven days of publication. This rewards comes in n form of normal blurt coin and the blurt power.
The blurt power serves as a tool which reveals to other users of the platform the influence of such person. It also go in there as a part of your investment which can be withdrawn by powering down the blurt power.
It is very very important because the more blurt power you have, the more investment you make on blurt and the more profits you're making. And also, when you have hight amount of blurt power, you increase your influence on the site and have high chances of making more coins and more engagements on the site.

Relevant examples on how to recognize original content owners.

Everything concerning blockchain is built on authenticity and originality. In the case of contents owners in a blockchain based platform, there are different ways and means to know if the content submitted by their users are original and plagiarism-free.

How the do we check these contents to know if truly they were submitted by the original owners? A simple plagiarism test will be run on it to check the content's uniqueness in order to free the site from any form of plagiarism.

Having stayed long in this blogging ecosystem, I have come to understand that lots of writers repeat work that is not theirs and post it, claiming to be the real owners which is very bad. I normally make use of one site to detect and run plagiarism test on posts and articles I don't trust. The site; www.smallseotools.com/plagiarism-checker/

Now this is how I do it. Let's say I want to run a plagiarism test on my homework task submitted to @chiomy

  1. I will visit the site.

  2. After logging into the platform, I will scroll down to this section where it shows me a space to input my content.
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  3. Now in this section, I have inputted my content, I will have to scroll down in other to continue with the process.
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  4. This is where I click the captcha option to show that I'm not a robot before clicking on the check plagiarism.
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  5. Now, my work is in progress. It will check my words and sentences as used in the content and match them with more than billions of link of the internet to know if there's any copy write work there.
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  6. The last part now is where it gives you feedback after running your test. As you can see, the post is 100% unique which makes it free from plagiarism and shows that I am the original owner of the content.
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Running test on your post and articles is very important because it helps you detect any form of plagiarism in your content. Though lots of people run test on their post and gets a positive feedback, but after an admin run another plagiarism test on the same article, they find it to be plagiarized. This on the other shows that the admin might have used a highly testing platform to run.

To avoid such happenings, writers are therefore advised to depend fully on their Writing skills and get just little information on the internet if need be. Thank you.

What are the steps for buying blurt to deposit on blurt; using Probit?

This is pretty simple. Using the Probit app, I will explain the process step by step.
Now I will explain these steps easily. Let's say you already have some amount of Bitcoin in your Probit wallet, because that's one of the best ways I'm going to explain to you.

If you have some bitcoin in your wallet, you will have to follow these steps below.

How to buy Blurt on Probit.

  1. After opening the Probit app, click on the "exchange" option from your homepage.
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  2. When it opens, you click on the "BTC" option above which will take you to a page where other coins are being paired with Bitcoin for exchange purposes.
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  3. Scroll and search for Blurt/BTC pairing and click on it.
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  4. Now it will take you to this page, were you have to click on the "buy" option, indicating that you want to buy the blurt coin in exchange for your Bitcoin. Remember we said this session requires you have some bitcoin in your wallet which you will use to buy the blurt coin.
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  5. It then brings you to this page where you have to input the amount/quantity of blurt you want to buy. You will put the amount in the first space, while the second space shows you the equivalent amount of Bitcoin that will be used in order to buy the blurt. Let's say we want to buy 5000 blurts. Look below. After inputting the 5000 blurt above, it showed the amount of Bitcoin to be used as 0.0037btc.. Now click on buy blurt.
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  6. This page will pop up for you to confirm the transaction you are about to run. If it suits you, you will have to click on buy to continue. Congrats, you have successfully bought your blurt coin.
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Now the amount of blurt you bought is in your blurt wallet on the Probit app. How then can you transfer the coin to your blurt.blog account?
Simple!!!!! Follow these steps.

How to transfer blurt from your Probit wallet to your blurt.blog wallet.

  1. Now click on the wallet option below.
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  2. I have some blurt coin in my blurt wallet, so I can easily see it without scrolling to look for it. Now click on the Blurt wallet.
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  3. After clicking on it, it takes you to this page where you have to select withdraw, which shows that you wan to withdraw it out from your Probit wallet.
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  4. Now you input the amount you're withdrawing and click on next.
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  5. Now you have to input your blurt.blog username since that's where we are withdrawing it to. I repeat the wallet address you're withdrawing to should be your blurt.blurt username. And for the memo, tick the small above just above the memo space to indicate that you don't have it or you don't need it.
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  6. This is where you review your transaction information. Make sure everything is correctly inputted before you click on the withdraw.
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  7. This place is where you have to verify that you are the owner of the account, and that you're the one running the transaction. First image is your Sim verification while the second one is your email verification. Thank you.
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Short note on smart contracts

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Smart contracts are mostly programs that are built on a blockchain technology and run automatically. Their data base can not be tampered with and also, runs on a decentralized coding.
This program runs between two people without an administrative or third party to tamper with the operations.
In smart contract's operation, you don't have anybody to trust or rely on. Operations are processed by the blockchain when all necessary conditions for the operations are reached and executed automatically without anyone interfering.
In cryptocurrency, not all coin are capable of running a smart contract. Infact, most smart contracts runs on the Etherium blockchain, and even Tron has been included in that category.

Appreciations

I wan to thank this week's professional lecturer for such an enticing topic. I have truly learnt a lot today and I'm hoping for more from you guys. Thanks @chinonso01.

Please note;

First three pictures and last picture was created using the PicsArt application, with my Android phone, while the remaining pictures where screenshots from my phone, with my name on it.

Thank you all for reading my content.

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Sort Order:  
  ·  3 years ago  ·  

Wow! This is a great job from a great person. More wisdom and inspiration. Well-done sir!

  ·  3 years ago  ·  

Thank you

  ·  3 years ago  ·  

Hello @chaalee,
Thank you for taking part in blurttradinghub; Talk, write, discuss about Cryptocurrency trading and earn!

RemarkGrading PointsGrade
Content Clarity65/ 100Good
Details to the topic70 / 100Good
Analysis70/ 100Very Good
Content ownership100/100Excellent
OVERALL Mark90Very good

Your home work has been reviewed by @chinonso01 the above results are your grading.

I like the way you explained everything especially, the red lines indicating the areas makes it rough.

Kindly get another method of Explanation.

  ·  3 years ago  ·  

Okay sir..... I will get another way of explaining the pictures. Thanks

  ·  3 years ago  ·  

Thank you, your post has been upvoted by @blurttribe.

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