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      "title": "Achievement 4 by @logical-crypto Task : Applying Markdowns",
      "body": "Hello Steemians,\nHope you all are doing well.\nThis is my 4th post about **“Applying Markdowns\"**  in NEWCOMERS COMMUNITY\nFor explain this I am choosing a topic **ALTCOIN**.\nLet’s start,\n\n# ALTCOIN\nAltcoins are cryptocurrencies other than Bitcoin. As a name Altcoin is the combination of two words “Alt” and “coin” refers to the entire alternative crypto currencies to Bitcoin.\n### Steem is also one of the Altcoin.\n\nBasic framework of Altcoins and Bitcoin are same but there are several differences between them. Bitcoin is among the first iterations of a cryptocurrency and its philosophy and design set the benchmark for the development of other coins. Most of Altcoin are developed for cater some shortcomings of Bitcoin.\n\nFollowing are some limitations / shortcomings of Bitcoin.\n\n1.\tConsensus Mechanism.\n2.\tHigh Volatility\n\nBelow are mention types of Altcoins which conquer above limitations, It is possible for an Altcoin to fall into more than one category.\n ### 1. Based on the Consensus Mechanism.\n1.\tProof of Work (PoW)\n2.\tProof of Stake (PoS)\n3.\tProof of Space (PoS)\n4.\tProof of Personhood (PoP)\n5.\tProof of Authority (PoA)\n\n*Proof of Work (PoW) and Proof of  Stake (PoS) are explain below.*\n* ### Proof of Work (PoW)\n<div class=\"text-justify\">\n<div class=\"pull-left\">\nProof of work (PoW)  is a method in which systems generate new coins by solving difficult problems, to create blocks. In which miners compete to append blocks and mint new currency, each miner experiencing a success probability proportional to their computational effort expended. Proof of work at scale requires huge amounts of energy, which only increases as more miners join the network. Due to this PoW is consume lots of energy which make this mechanism energy intensive. \n</div><div class=\"pull-left\">https://media.giphy.com/media/RigoXzvWlvSvVvbTpd/giphy.gif</div>\n<center><a href=\"https://giphy.com/gifs/Cryply-bitcoin-cryptocurrency-crypto-currency-RigoXzvWlvSvVvbTpd\" rel=\"noopener\" title=\"This link will take you away from steemit.com\">Source</a></center>\n<hr>\nBelow are mention some PoW algorithms and cryptocurrencies base on that algorithm.\n\n![image.png](https://cdn.steemitimages.com/DQmRwKxAMs1QCkJam6XekM2BMDnecQp54buMNa4oePLrpM6/image.png)\n\nMajor drawback in PoW system is a **51% attack**.\n<div class=\"pull-left\">\nhttps://cdn.steemitimages.com/DQmZEvaXFEU8mWsCMBX5MUScxLm2Cj6USq92o1Vc39MBb3w/image.png\n</div>\n\n 51% attack is an attack on a blockchain by a group of miners who control more than 50% of the network's mining hash rate. Attackers with majority control of the network can interrupt the recording of new blocks by preventing other miners from completing blocks.\n\n<br>\n* ### Proof of Stake (PoS)\n> The Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins they hold. This means that the more coins owned by a miner, the more mining power they have.<a href=https://www.investopedia.com/terms/p/proof-stake-pos.asp rel=\"noopener\" title=\"This link will take you away from steemit.com\">Source</a>\n\n\nProof of Stake (POS) is seen as less risky in terms of the potential for miners to attack the network, as it structures compensation in a way that makes an attack less advantageous for the miner.\n#### The Steem cryptocurrency is working on PoS concept.\nAlong with Steem below mention crypto currencies are using PoS concept.\n\nFollowing Cryptocurrencies are working on Proof of Stake (POS)  | \n--------- | \nSteem  | \nTron  | \nCardano  | \nEOD.IO  | \nGridcoin  | \nNX  | \nPeercoin  | \nPolkadot | \nTezos  | \n\n ### 2. Stablecoin ( For solve High Volatility )\nA stablecoin is a new class of cryptocurrencies that attempts to offer price stability and are backed by a reserve asset. Stablecoins may be pegged to a currency like the U.S. dollar or to a commodity's price such as gold. Stablecoins achieve their price stability via collateralization (backing) or through algorithmic mechanisms of buying and selling the reference asset or its derivatives. <a href=https://www.investopedia.com/terms/s/stablecoin.asp rel=\"noopener\" title=\"This link will take you away from steemit.com\">Source</a>\nThere are 4 types of Stablecoin cryptocurrency.\n\n\n* **Commodity-backed cryptocurrency** value is fixed to one or more commodities and redeemable for such (more or less) on demand.\nDigix Gold Tokens (DGX) is example of Commodity-backed cryptocurrency.\n\n* **Fiat-backed cryptocurrencies** value  based on the value of the backing currency.\nTrueUSD (TUSD),USD Tether (USDT), USD Coin, Diem are examples of Fiat-backed cryptocurrencies.\n\n* **Cryptocurrency-backed stablecoins** are backed by other cryptocurrencies. for example MakerDAO’s DAI is pegged against the U.S. dollar and Havven backed by  nUSD which is a stablecoin.\n\n* **Non-collateralized (algorithmic) stablecoins**  don’t use any reserve but include a working mechanism, like that of a central bank, to retain a stable price. For example, the dollar-pegged Basecoin uses a consensus mechanism to increase or decrease the supply of tokens on need basis.\n\nThis is basic information about ALTCOIN. Thank you for reading my post and Special thanks to the @cryptokannon for creating this achievement task to educate us on Markdowns.\n\nThank you\n@logical-crypto",
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      "body": "You have been upvoted by  @tarpan, a greeter from [STEEM POD Project](https://steemit.com/the100daysofsteem/@steemitblog/100-days-of-steem-day-40-introducing-the-steem-pod-project) and we are voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit. You may now proceed to the next achievement task.\n\nKeep following @steemitblog for updates.",
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      "title": "Achievement 3 by @logical-crypto Task : Content Etiquette",
      "body": "@@ -1763,16 +1763,796 @@\n quote%3E%0A%0A\n+In fact it is easy to copy and paste some one else content or present  someone else's ideas in your word in short run but it has **very serious consequences** in long run.%0ASome are mention below.%0A1. Plagiarism is not a good practice on only the Steemit platform but in our  life also. Many Steemians are in their academic  phase. There also if any one found with similar assignment or project or similar answers in exam, it could mean you fail an assignment or class and face disciplinary action.%0A2. In professional life this can result in damage of reputation, legal repercussions or even losing your job.%0A3. On Steemit platform all are looking to your post. Eventually it get notify if anyone plagiaries work. It will damage reputation and it will affect on earnings from post.%0A\n %3Ccenter%3E\n@@ -2874,13 +2874,13 @@\n For \n-Stopp\n+avoid\n ing \n@@ -2897,17 +2897,38 @@\n  we \n-have to a\n+can take following steps,%0A1. A\n ppre\n@@ -2981,16 +2981,795 @@\n itation.\n+ Its  means mention source link so anyone can go through that link and connect with original creator.%0A2. Anybody want to take some images for presentation or explanation, use website which allow to copy their content for free.%0A~ https://shutterstock.com%0A~ https://pexels.com%0A~ https://unsplash.com%0AThis  information aboutwebsite taken from this " %3Csup%3E%3Ca href=%22https://steemit.com/hive-172186/@cryptokannon/achievement-3-mentor-by-cryptokannon-content-etiquette%22 rel=%22noopener%22 title=%22This link will take you away from steemit.com%22%3ESource%3C/a%3E%3C/sup%3E%3C/p%3E%0A%3C/blockquote%3E%0A3. If you want to use quotations then use as it is in quotation marks and mention name of original author.%0A%0A4.Create and present original ideas, it takes efforts and time but its good practice for long run.%0A\n %0A%0A**%22I h\n@@ -4012,16 +4012,70 @@\n ecurity.\n+ Thank you @tarpan for guided me further on this post.\n %0A%0AThank \n",
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