RE: Show Us Your Witnesses Weekly Contest: A Concept To Drive Up Witness Voting Engagement Among Steemians (Episode #7 Result Updates; Episode #8 — 6SBD Prize Pool; 3 Possible Winners)

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Show Us Your Witnesses Weekly Contest: A Concept To Drive Up Witness Voting Engagement Among Steemians (Episode #7 Result Updates; Episode #8 — 6SBD Prize Pool; 3 Possible Winners)

in contest •  7 years ago 

Steem-blockchain requires a set of people to create blocks and uses a consensus mechanism called DPOS. The community elects 'witnesses' to act as the network's block producers and governance body. There're 20full-time witnesses, producing a block every 63-second round. A 21st-position is shared by the backup witnesses, who are scheduled proportionally to the amount of stake-weighted community approval they have.

Screenshot_20180623-084107.png

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  ·  7 years ago Reveal Comment

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Best of luck

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