Newbies Initiative Task 5 - Tribe Token, Tipping/Mining Token And Hive Engine Usage

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Hi Everyone !

This is the Week 5 Task in the Newbies Initiative Program, and we completed the Task in Week 4 with full of challenges, although in the end, almost all of us managed to submit assignments in Week 4 until the deadline set by the Manager Newbies Initiative Program.

And the task this time is also a very useful challenge for newbies like us. Because the Newbies Initiative Program Management always provides very interesting themes in every task they give every week in the Newbies Initiative program.

In the Week 5 Task of the Newbies Initiative Program, the title given relates to "Tribe Token, Tipping/Mining Token And Hive Engine Usage" And this week's material is really very useful for us because this is one of the tasks that is classified as very difficult to complete if there are no mentors like in the Newbies Initiative Program.

Here are all the questions and answers from me on the Week 5 Assignment in the Newbies Initiative Program :

1 .Mention 3 Abuses of the Tipping/Mining Token service.

• You are considered Misuse of Token Tipping/Mining Services, if you have or create another Hive account to tip your Main account and this is something that is strictly not allowed at Hive, namely having multiple accounts.

• You are considered to be abusing the Token Tipping/Mining Service, if you make a tipping order to a user connected to you and that user also does the same to you.

• You are considered to be abusing the Tipping/Mining Token Service, if you make irregular tipping orders and you don't explain the reasons behind giving these tips.

2 .What is the difference between Hive and Swap.hive

Hive and Swap.hive are clearly different because on Hive we can only make transactions using Hive on the first layer, such as exchanging Hive to HBD in a direct wallet or sending to an Exchanger.

Meanwhile, Swap.hive is a token that is in Layer Two, and the price of Hive and Swap.hive is equivalent to 1:1, so that both have the same price, even though the use of Swap.hive is only limited to the Engine.

Swap.hive can be used to buy various other types of Hive-based tokens in Engine, and usually I use Swap.hive to buy Leo tokens on hive-engine or tribaldex.

3 .List 4 Decentralized Exchanges on Hive.

Hive-engine (hive-engine.com)
Tribaldex (tribaldex.com)
Leodex (leodex.io)
Beeswap (beeswap.dcity.io)

4 .Convert 1.1 Hive to Swap. Hive, and convert it back to Hive.

This time I want to show you how to Convert Hive to Swap.hive And Convert back to Hive. And I make the process using one of the Decentralized Exchanges on Hive, namely tribaldex.com.

Because I'm using the Android version of Hive Keychain, the first step I took was to search for tribaldex.com on the Hive Keychain search engine. Then we only need to log in to the tribaldex.com account, and after we log in, it looks like this :

The next step is if we want to Deposit Hive and exchange it for Swap.hive, then we only need to click the Deposit Menu and select Coin Hive.

Then enter the number of Hives that you want to exchange into Swap.hive and for example I enter the amount 1.1 of Hive that I want to exchange as Swap.hive.

After that, you just need to click confirm and you don't need to enter a password anymore because it's already connected to the Hive Keychain.

If the number of Swap.hive has increased then we have succeeded in converting Hive to Swap.hive and the next step I want to exchange Swap.hive back to Hive.

The steps are that you only need to click the Withdraw menu and look for Coin hive, after successfully finding coin Hive, the next step is that you only need to enter the amount of Swap.hive that you want to exchange to Hive and I exchanged 1.1 Swap.hive to Hive again.

After that, you only need to click confirm and wait a few moments for your Withdraw Hive to succeed. After the withdrawal is successful, usually there will be a notification from Ecency if you use that Dapps to publish the article.

Closing

And in closing I would like to say a big thank you to the Beginner Initiative Program Team especially to the Team 1 guide, namely @nkemakonam89 who has taught us many things and I also thank other parties running this program such as @starstrings01, @theycallmedan, @aliento team and @projectmamabg.