Well, I definitely understood "I publish an unbiased price feed"...ha, actually the only thing I'm still unclear on is blocks. It's time to buckle down and get a handle on that.
I came here to say I appreciate you rescuing @sift666 from the 'Adamant One', lol. I wish I had seen the post when it was first put up.
just FYI, it doesn't mean what one would think it would mean just from plain english. Steemit witnesses publish a price feed and some witnesses publish one thats exactly what the market rate for steem is. Some increase or decrease the price feed from the actual rate (which has an effect on, among other things, how many steem you get when you convert steem dollars)
A block is a list of transactions on the steem blockchain (or any blockchain really). Think of it like a page in a ledger (or, i fyou still remember when people used to balance their checkbooks, like a page in a checkbook). Blocks are produced (on steem) by witnesses running nodes.
Block size is how large that block can be -- literally how large the page in our accounts ledger is. The advantage to larger blocks is that if blocks are too small, each block might not be able to contain all the transactions people have submitted (this, btw, is a huge issue in btc right now). The page in our ledger might be filled, and the guy who wants to make a new transaction will have to wait and have it included in a future page.
the disadvantage to larger blocks is that as blocksize increases, the computer power necessary to run a node also increases. So increasing blocksize has the advantage of making transactions quicker, but does so at the cost of making it harder to run the nodes which produce the blocks.
so when aus says "Bandwidth issues have subsided, I see no reason to raise this for now." basically hes saying that out blocks are large enough right now to quickly proccess the transactions that people are submitting.
(side note, on steem, transactions are not just moving money... they are posting, voting, pretty much anything you do, though in other chains like btc are generally just simple ledger transactions)
Your name popping up is always a bright spot in my day ;) I think you may have missed your calling as a teacher. Professor perhaps. You have a way of breaking things down.
I took accounting in college, early 2000's so they were still teaching old school everything. Only problem is it was a class where the professor didn't count absences, which was great on one hand, I just had to go to enough classes to get the gist and study the books, do well on tests. But it also meant that I opted for smoking weed on the hiking trail over going lol. I still did well, but only because I have a brain that can pack in a lot of info in a short period in order to take a test, then forget the info as soon as it's not needed. So basically, unless it's something I'm interested in, my retention is shit.
I get the feeling you like this witness. Always something I make note of :)
I don't have any personal feelings about him one way or the other.
However, i do not (and would not) support him as a witness because of his involvement with a number of people and projects that i consider scams/scammers. I only noticed this thread because i was working on my site and i happened to see your reply (yours is one of the accounts i use to test my interface)
Also, for the record, threads in the 'witness-update' category that accept payment give me pause. witnesses are already paid. And if i did support the OP, i would rethink my support when i saw him taking hundreds of dollars from the reward pool as double payment for his witness duties.
I really do love your strong opinions :) But actually what gives me pause without even knowing or considering what you just told me, is that he didn't bother to respond to or acknowledge my comment again.
By projects are you talking about the vote buying accounts? I'm definitely not happy with those, I've talked a number of people out of using them.
Edit: You know I recently read that the second slash through the dollar sign is symbolic for double entry book keeping...your mention of double payment made me think of that.