PhotoChain - Block Number 00002

Hello Steemians!

This is the PhotoChain's Block Number 00002.

BLOCK00002.jpg

1.First: What is PhotoChain?

The PhotoChain Challenge is a blockchain-like photography contest. If you would like to know more about, read the PhotoChain Challenge INTRODUCTION Post. There, I explain the functioning of the contest and how to participate.


2.PhotoChain as a Blockchain's Functioning

The cryptocurrencies ecosystem is born after the advent of the blockchain concept. With PhotoChain I would like to introduce some mechanisms which are commonly used in this functioning, trying to make them a little easier for those who are beginners. Obviously I do not want to create a blockchain course also because the fundamental pillar of this technology - and that here becomes impractical - is its distributed nature. Mine is just a slightly creative method and - I hope - an original way of getting used to some basics, all while having fun and growing on the Steem Platform.


3.How?

Here I introduce the Block concept in the PhotoChain Challenge.

In the cryptocurrencies ecosystem, every cryptocurrency is sustained by a blockchain. The blockchain is a modern technology: many computers from many countries work resolving calculations. Sometimes, the blockchain validates a Block: A block is a group of transactions - simply a list - where every transaction can be traced (there are exceptions in some types of cryptocurrencies focused on privacy).

So, the first common point: now we introduce the Block also in the PhotoChain Challenge. Here, the block will be a post I'll write that will contain a group of pics; particularly, the photos of the winners for the previous 4 weeks of the contest.

And here we are.

On the blockchain, every computer can guess a nonce, a kind of code that identifies the block, validating the block itself. Each of the computers that carry out these calculations is called miner - the concept is a bit more complex because a miner is a kind of account that can work even with multiple computers but, to understand the basics, what I said above is sufficient.

What's the nice thing? That every miner who guesses the nonce - that code that is associated with a block - receives a cryptocurrency reward generated by the blockchain.

This whole scheme of work - which in computer science is called algorithm - is the so-called Proof of Work (PoW): in a nutshell, computers hard work trying to find the nonce in order to earn the cryptocurrency reward.

Here is the second point in common: bringing the Proof of Work into it by likening the winning competitors to the miners who guessed the nonce. In this case, we can talk about a different algorithm, like Proof of Transaction - I invent it myself, you don't pay too much attention to it -. Here the miners who guessed the transaction, that is the winning photo, are rewarded.

And where does the prize come from? Using Steempeak to publish the post I have the possibility to choose 8 beneficiaries that will be rewarded with a percentage of the value of the post in steem. Currently, I decided to set it at 11%.

Let's summarize again: every 4 weeks I write the post - which will be the Photochain Block -. Each block will contain photos of the 8 winners in the previous 4 editions. At the time of the payment of the post 7 days after its publishing, each of them will receive 11% of the value of the post in steem.

Total Beneficiaries Payout: 88%

PHOTOCHAIN BANNER.jpg

JOIN IN THE LAST EDITION!

4.And the Rest?

The third concept. Considering that I am still a small little fish I would also like to have my part in the block validation and reward; I who created the contest and therefore I hold the rights over him: I, therefore, have the shares of the competition.

There is a second basic algorithm in the cryptocurrencies ecosystem in which to validate the blocks and receive the rewards there are not the miners but the holders - or hodlers -, who hold the cryptocurrency and decides to stake it. In this type of work scheme, it is precisely those who hold this type of rights that goes to validate the blocks and earn the associated rewards: this algorithm is called Proof of Stake (PoS)

Taking this type of algorithm to our PhotoChain, 12% will go to me - and I must admit that this type of algorithm is very nice for me in a case like this :)

In the crypto ecosystem, the set of algorithms Proof of Work and Proof of Stake is called a Hybrid System precisely because it unites both within the same work scheme. For some time now also various tribes here on steem have begun to use hybrid mechanisms to assign their tokens.

Finally, to sum up: I write the post - the block - which contains the photos of the winners of the previous 4 weeks; 7 days later the time for payment arrives; each author of the photo mentioned in the block receives 11% of the value of the post in steem for a total of 88%; I receive the remaining 12% reaching 100% of the value of the post.

All clear?

Last annotation: the reward method will be set to 50/50(steem/steem power) and it must, however, be taken into account that on the value of the post all the curations that the steem blockchain independently deducts will be deducted. I currently have no power over the various tokens - and I don't know if they will be assigned automatically or not - I can only ensure you that in the event of rich arrivals I will undertake in the future to reinvest them if not all, almost.

And now: Ready? Go!



PHOTOCHAIN - BLOCK 00002


BLOCK00002.jpg

- - -

BLOCK 00002

- - -

Tx 01

A picture by @qwerrie
with his grave perspective particularly interesting ;)

Win.0008.a.qwerrie.wall.jpg

Tx 02

A picture by @melinda010100
with a crux in the middle of a little green area

Win.0008.b.melinda010100.green.jpg

Tx 03

A picture by @dronegraphica
with the view of a destroyed tree in the Lake District, UK

Win.0009.a.dronegraphica.destruction.jpg

Tx 04

by @qwerrie
with a photo of a green wall in the middle of the city

Win.0009.b.qwerrie.graffiti.jpg

Tx 05

A picture by @dronegraphica
with a photo taken in the old mental hospital in Colchester

Win.0010.a.dronegraphica.door.jpg

Tx 06

A picture by @melinda010100
with an interesting example of destruction and a hearth painted on the rock

Win.0010.b.Melinda010100.heart.jpg

Tx 07

A picture by @iamraincrystal
with a cat at home behind a classical red heart

Win.0011.b.iamraincrystal.cat.jpg

Tx 08

A picture by @redheadpei
with a foreground of a door in the house

Win.0011.b.redheadpei.hanger.jpg



Thank you all for participating in this challenge!

@qwerrie @melinda010100 @iamraincrystal @redheadpei @dronegraphica @wakeupkitty @libertycrypto27 @bucipuci @paradigm42


PhotoChain.jpg

If you want to enter the block, you can join in the contest. I publish a new edition every week. Here the Last Edition

I'll wait for you in the next Block, Steemians!

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I would be quite !DERANGED if I didn't give you a !BEER and a !COFFEEA for this $trdo post 😉

Too kind, you commented as a !DERANGED . I haven't any other tokens today, I'm sorry :(
!giphy smile

You're welcome @davidesimoncini 🙂
Let me help you out with some additional tokens: In the !DERANGED !shop of the !MARLIANS you can buy cheap !BEER and !COFFEEA 😉




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你好鸭,davidesimoncini!

@johannpiber给您叫了一份外卖!

@cecilian 粥粥 在艳阳高照 跑着步 给您送来
新年快乐!

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@davidesimoncini will receive 0.40201313 TRDO & @johannpiber will get 0.26800875 TRDO curation in 3 Days from Post Created Date!

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deranged You just received DERANGED @johannpiber Keep up the great work, view all your tokens at steem-engine.com

What an amazing block! I love how you are explaining the blockchain this way and the photos are fantastic. : )
!DERANGED

Thank you very much, I enjoy 🙂

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plz help me im a new user

Click on the INTRODUCTION Post at the top of this page in number 1. It explains everything you need to know.

You can read the introduction post as whatisnew said 🙂

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Congratulations @davidesimoncini! This post has been featured in today's Power House Creatives curation post!

You can find the community announcement on Discord :) and it has also been shared on our FB Page and Twitter feed.

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Thank you very much guys :)

🎁 Hi @davidesimoncini! You have received 0.1 STEEM tip from @melinda010100!

@melinda010100 wrote lately about: Photo Chain Challenge-Cat And Hanger Feel free to follow @melinda010100 if you like it :)

Sending tips with @tipU - how to guide.

Thank you for supporting @CatsMakeKittens by being a part of our community @davidesimoncini.

Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!


Hey @davidesimoncini, here is a little bit of BEER from @johannpiber for you. Enjoy it!

Learn how to earn FREE BEER each day by staking.

coffeea Lucky you @davidesimoncini here is your COFFEEA, view all your tokens at steem-engine.com Vote for c0ff33a as Witness

deranged You just received DERANGED @davidesimoncini Keep up the great work, view all your tokens at steem-engine.com

Sorry, out of BEER, please retry later...

deranged You just received DERANGED @davidesimoncini Keep up the great work, view all your tokens at steem-engine.com


This post was shared in the Curation Collective Discord community for curators, and upvoted and resteemed by the @c-squared community account.
If you are a community leader and/or contest organizer, please join the Discord and let us know you if you would like to promote the posting of your community or contest.
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Thank you Guys 😁

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Great explanation of the blockchain. It is very generous of you to share the post rewards. Thanks to you for all the work you have put into this great contest.
!Tip
!trdo
!BEER

Congratulations @melinda010100, you successfuly trended the post shared by @davidesimoncini!
@davidesimoncini will receive 0.65461163 TRDO & @melinda010100 will get 0.43640775 TRDO curation in 3 Days from Post Created Date!

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Thank you to join 😉
!BEER

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Sorry, out of BEER, please retry later...

This post was curated by @theluvbug
and has received an upvote and a resteem to hopefully generate some ❤ extra love ❤ for your post!
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Thank you dears :)

It looks like you've picked some very worthy photos as the winners, and your contest looks to be a lot of fun!

I Hope that and Hope It could be better in the future 🙂

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Some great photos here my friend and good luck with your contest!
Blessings!

Thank you very much 😁

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My pleasure and hope you have a good weekend.
Blessings!

The same to you :)

Thanks for explanation and posting the contest photos. Thanks for including mine. ❤️

Thanks to you for your participation 🙂

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Cool photos @davidesimoncini 👍👍

!trdo

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Congratulations @wonderwop, you successfuly trended the post shared by @davidesimoncini!
@davidesimoncini will receive 0.00109350 TRDO & @wonderwop will get 0.00072900 TRDO curation in 3 Days from Post Created Date!

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Thank you very much. All is possible thanks to the participants

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Hello!

This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!

Much love to you from all of us at @helpie!
Keep up the great work!


helpiecake

Manually curated by @rem-steem.


@helpie is a Community Witness.

Thank you Guys 😁

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It's good to learn something new every day. I liked all the pictures

I enjoy, thank you :)

I love photography and the entries are beautiful.

I hope it, thank you :)

good contest. very nice pictures. I like your explanation of the contest and analogy to the blockchain.

Thank you very much :)

This really is a neat idea. One of these days I'll find the time to join in as well!

Many thanks, I'll wait to see you :)

Congratulations @davidesimoncini, your post successfully recieved 1.05771826 TRDO from below listed TRENDO callers:

@melinda010100 earned : 0.43640775 TRDO curation
@johannpiber earned : 0.26800875 TRDO curation
@wonderwop earned : 0.000729 TRDO curation


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