RE: Updated Witness Application

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RE: Updated Witness Application

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crypto.piotr in #witness • 6 years ago

I just realized that you're one of witnesses. Im impressed and you've my full respect for being very responsive so far. Most witnessed I know do not bother to engage with people here.

most voters often don’t have the time to fully research the reasons they should vote for someone -- and hence, word of mouth and popularity reign supreme.

You nailed it.

Thank you for sharing your goals with us. Perhaps you could contact me via email ? [email protected] or telegram: crypto_piotr

I would gladly help you get some extra exposure and some voters and hopefully we could find ways to collaborate closer.

ps. great explanation what voting is about. I just found this site:
https://steemian.info/witnesses

Would you mind telling me what's the difference between Votes and Voters? You have almost 63k votes, and 7404 voters. I found it a bit confusing.

Yours
Piotr

6 years ago in #witness by crypto.piotr

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anyx 6 years ago

Hey! Appreciate the support! Feel free to ping me on telegram, I'm any_x there.

Regarding votes vs voters, what you're looking at is the difference between stake weighted votes, i.e. the number of steem tokens voting for you, versus account votes, the number of accounts voting for you.
The reason accounts is not often used as an important metric is because they are too easy to create, so anyone can spoof that number to be high.

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crypto.piotr 6 years ago

Thank you for this amazing explanation @anyx

Appreciate. I added you already on telegram.

Would you also mind telling me what are benefits of being top20 or top50 on list of witnesses? Hope you don't mind sharing your knowledge.

Yours
Piotr

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anyx 6 years ago

Being a top witness (in the top 20) means two things: greater pay of steem for being a witness, and more importantly, the responsibility of being part of the "consensus set" of the Steem blockchain. What this means is that you are responsible for ensuring validity and correctness of the blockchain.
While the responsibility is mostly automated, its important to not let these positions become corrupted or vulnerable, as they are like a form of governance.

Positions underneath don't have the same responsibility, but might become elected by getting voted in, so they should prepare for it. Positions under 20 are paid far less steem.

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