Learning CTP with Howard Fullmer what is ctptalk.com? part 5 Curation
Hello Howard Fullmer back and today I am learing about Curation
The Steam Blockchain is called Proof-of-Brain The idea behind this is the community will decide by upvoting what is good or bad content. And they will do this because they will earn a percentage of everything they curate or upvote/like
Steem is currently set at 50% and 50%. CTPtalk is set at 60% and 40%
Meaning the content creator gets 60% of the payouts every 7 days from created content (This includes comment!). The curators share the remaining 40%
On top of being proof of brain Steem allso operates on a term called proof of stake If you think of bitcoin that operates on proof of work. That means it is earned by the more the computer computer works the more you mine.
Proof of stake works similar but with staking it works with the more you stake the more you mine.
How do you stake tokens?
First thing you want to do is click wallet at the top right of ctptalk profile.
after you click stake you will see this
Enter the amount of your ctp tolken ballance into the amount field then you come to this page
On this page you want to enter your active key into password field.a
After you do that then you have successfully staked ctp tolkens and have ctp power. And the more staked tokens you have the more you can earn :)
Thank you for viewing my post
Howard Fullmer @howyf2
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Proof-of-Brain!! Thx for writing this one..and its a good one to keep...since I am one of those who learn, and must keep learn and read the same a few times before it BOOM in :D And you know that @howyf2 :) lol
Your welcome
Thank you Howard for this training. Very straightforward and easy to understand. Will be staking some CTP today!
You are welcome glad it was easy to understand
yeah ok right . which pw ctptalk or wallet? when i did my lastpass ask me if i changing login ? also got error trying to do it
it works I do it everyday make sure the key password its your active key
So i was not lying about the error codes. they totally in different color. but yes thanks for key info
not doing any name calling I would rather help you figure things out :)
name calling . am lost there. you have for sure help me figure and so have others. I will call myself names only. being said I watch the video on this too again :)
Thank you for your comments im sorry if i confused you by last comment I appreciate your comments :)
That is a really great explanation on how the blockchain operates @howyf2, and a great guide on how to stake your tokens, keep up your great work and stay awesome.
This is Awesome Content, and it has been manually curated with an upvote of 65% from @thisisawesome and it will be included in our Awesome Daily report in category Awesome CTP Curation for more visibility.
The goal of this project is to "highlight Awesome Content, and growing the Steem ecosystem by rewarding it".
Thank you for being awesome :)
Thank you very much @howyf2, and keep up your awesome work.
Great stuff Howard and I am learning here too. I'm trying to figure out if it's better to big with Power or convert ctp to steem to buy ctpm which, as I understand it, will earn you CTP in addition to the other ways. I also understand you have to be at 500 on steem power to be able to have upvote value. Confirm this or correct me sir. :)
I believe 50 steem power is a good amount at first and ctpm will mine ctp tokens :) more power in steem or ctp token will grow your upvote value :) everything you do grows steem i believe
Congratulations @howyf2!
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