"What is a Steem witness? Would you like me to learn and teach the steps to become a Steem witness? View current Steem witnesses at https: //steemd.com/witnesses ."
"Witnesses are generally voted for because they are trusted members of the community, positively contribute to Steem and Steemit in many ways, are qualified and experienced in administration of servers, and are experienced in cryptocurrency networks and software. Witnesses are expected to keep a block-producing Steem node running 24/7/365.25. They are also expected to provide an ongoing price feed of the value of STEEM tokens in U.S. dollars, set the mininum Steem Power deposit to create an account, set the APR% for the Steem Dollar interest rate, and in the future might set additional network variables. Witnesses are also strongly encouraged to run a seed-node to provide the blockchain to syncing clients."
"Witnesses are rewarded for these qualities, services, and of course running their node by getting powered up by 1 STEEM for each block they produce. By being paid in Steem Power, witnesses are further incentivized to be committed long-term and also to contribute to Steemit curation."
Wow! This was verrry informative, I had non an idea about what a witness was. Thank you for this much needed information on my part +1follows from me😎
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great explanation keep it up buddy ...:)
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A well written article which succinctly explained the mining process of Steem. I learned a lot. I also learned that I'm probably not going to become a witness any time soon. Thanks.
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Yes we would love to know more
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://steemit.com/steemit/@jerrybanfield/becoming-a-steem-witness
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