Just voted for you! Resteemed and Upvoted this too! Hope you reach you're goal. Your videos were some of the first I watched that lead me to join Steemit. I still don't quite understand how it all works but I'm learning little by little. Quick question: How does one benefit from being a witness if so chosen?
Thank you!
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@coinquest thank you for making me your first vote as a witness and asking about the benefits of being a witness! All witnesses work on behalf of the community by maintaining servers which create the new blocks in the blockchain with the top 20 witnesses doing most of the work and the rest rotating in based on the number of votes. Witnesses get paid every time we work on a block and also help represent the interests of the community to Steemit in discussions about upcoming hardforks. The pay is about 0.9 Steem Power per block with newer witnesses lucky to get a block once daily! Witness servers often host additional services available to the community.
Thank you! That helps me understand it a little bit better! There are some other things in your reply that I'll have to look up, being new to Steemit, for example - "hardforks". Thanks for the reply!