Who is a Steem Witness?
On the Steem blockchain, a witness is a user who operates a server that helps to validate transactions and create new blocks. These users are elected by the community to serve as witnesses and play a crucial role in maintaining the integrity and security of the Steem network.
How Witnesses are Elected
Witnesses are elected through a voting process, with each Steem user being able to cast their vote for up to 30 witnesses. The top 20 witnesses with the most votes are considered the active witnesses, while the next 20 are considered standby witnesses.
The voting process is an important part of the Steem ecosystem, as it allows the community to have a say in who is responsible for maintaining the network. Users can choose to vote for witnesses who they believe are trustworthy and competent, and can also change their votes at any time.
What a Witness Does
A Steem witness is responsible for running a server that helps to validate transactions and create new blocks. This involves maintaining the server hardware, keeping the software up to date, and ensuring that the server is always available and responsive.
In addition to these technical responsibilities, witnesses also play an important role in the Steem community. They are often active on social media and other platforms, sharing their insights and opinions on the state of the network and the broader cryptocurrency ecosystem.
Why Witnesses are Important
Witnesses are a critical part of the Steem ecosystem, as they help to maintain the integrity and security of the network. By validating transactions and creating new blocks, witnesses ensure that the network is functioning as intended and that all transactions are legitimate.
In addition to their technical responsibilities, witnesses also serve as representatives of the Steem community. They are often active on social media and other platforms, sharing their insights and opinions on the state of the network and the broader cryptocurrency ecosystem.
Who Can Become a Witness
Anyone can become a witness on the Steem network, provided they have the technical expertise and resources to operate a server. However, becoming a witness requires more than just technical skill – witnesses must also be active members of the Steem community and have the support of other users.
To become a witness, a user must first announce their candidacy and provide information about their technical expertise, server specifications, and other relevant details. They must then campaign for votes from the community, making their case for why they would make a good witness.
Conclusion
In conclusion, a Steem witness is a user who operates a server that helps to validate transactions and create new blocks on the Steem blockchain. These users are elected by the community and play a critical role in maintaining the integrity and security of the network. Witnesses must have the technical expertise and resources to operate a server, as well as the support of the community. They are also expected to be active members of the Steem community and to share their insights and opinions on the state of the network