has invited all top 150 witnesses to answer a couple of community questions, here are my answers:
I think bid bots play an important role in the ecosystem, I have made a specific post in the past regarding this subject:
"The whole phenomenon of vote buying has added a steady demand for Steem that comes from dolphins and whales who seek profit by locking away their Steem and selling their votes. In this sense, vote buying has Direct Market Impact by adding demand and shortening the supply of Steem. There is no doubt in my mind that banning or prohibiting vote bots will generate a massive sell-off in the market. But there is also other benefits of vote bots, in one hand you have the marketing aspect. Buying votes provides exposure to unseen posts, all platforms like instagram, twitter or Facebook offer similar services, where your posts can be ranked higher if you pay those companies, difference is that in Steem you are paying other token holders, is a new form of Decentralized Marketing.” - About Bots and Social Mining
I believe Steem is currently the most user friendly blockchain out there, having said that there is still some work to be done, that is why I am currently promoting projects that I believe make it easy for people to use the Steem blockchain without them knowing it.
I think votes should decay, not only to inspire witnesses to do stuff that helps them attract votes constantly, but to prevent people from getting “forever” votes from people that may have left the space, lost their keys, past away, etc.
Yes, I think 30 or even more votes prevents concentration of top witnesses on top.
The dependance on Steemit Inc to maintain and run the full APIs, given the current price Witnesses can't afford to have full API nodes. Maybe setting up a Worker Proposal system, similar to Bitshares, could help fund some "community APIs".
I love the community, is probably the biggest in crypto and its also very loyal. There are also some great community projects out there with a lot of users.
I currently have my costs reduced at the maximum, I currently spend $240 USD on 2 nodes, which is actually more than what I receive in rewards.
All my earnings go to the servers and I have to put a bit of my own money too as my position doesn’t allow me to make profit.
I currently don’t have any projects of my own, instead I support with delegation and votes other great projects that I think are great for promoting Steem and attracting new users:
Dpoll.xyz
@Share2Steem
I am not sure what this questions means really. Is it about providing a list of all my steem accounts? - If thats the case I have many but I mainly use this one and then I have a few accounts for testing purposes like or less serious ones like
.
Well if you are a backup witness, then there isn’t much of an economic incentive to be a witness at the moment. For me, is about trying to help out in the growth of the ecosystem.
You need to set up a node and register your witness, that is the easy part, the hard part is getting enough votes for it to be worthwhile.
As low as possible.
A witness is a server that confirms and broadcasts transactions, it also maintains the state of the whole blockchain and runs a seed node so that other people can sync the blockchain on their clients. But a witness, should also be a person that decides what changes get implemented on Steem and contributes to the growth of the blockchain.
Not really, I rely on community tools provided from other witnesses to monitor the blockchain and receive alerts.
You can just vote.
Should we have interest for SBD? -
I don't think we should add interests to SBD at the moment. @Smooth gave a great explanation on how the system works:
"The target price is not always $1. When the total SBD supply exceeds 10% of STEEM market cap, the target price switches from pegging to USD to pegging to STEEM. In this case, the current target is about 78c, and SBD is fairly valued.
Secondarily, interest is useful when the goal is to increase both SBD price and supply by encouraging people to hold it. That is exactly the opposite of what we want now given that SBD supply is already relatively large. Witnesses not voting for interest at this time is entirely justified.
In order for the SBD target price to return to $1 either the SBD supply has to fall or the STEEM market cap/price has to rise (or both).
SBD is intended to be stable to $1 most of the time. However, it is still a Steem-based asset and all Steem-based asset holders are in the same boat (and share the pain) when it comes to the STEEM price crashing, so in this case SBD by design loses some of its value as well. We can all hope that the STEEM price increases soon and such shared pain is no longer necessary." -- https://steemit.com/witness-category/@steem-bounty/apr-anyone
I think we should test the software better before implementing it, specially the top 21 witnesses who are the ones who make the changes a reality.
Do you think 20/21 top witnesses a good number or should there be more or less? -
Considering that backup witnesses also get to produce from time to time, then I think 20/21 is a good number.