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RE: MAKING STEEM GREATER - @therealwolf is now a Witness!

in #witness • 7 years ago

This is quite a long read but I am glad I read it word for word.
I joined Steemit December 2017 and is yet to fully understand a lot of the things you mentioned @therealwolf, how do you intend to educate us to be better Steemians.
I still don't dont fully understand what a Steem witness does. Can you explain with illustration or relate it to another field please?

7 years ago in #witness by
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     7 years ago  

    Hey @emjoe,

    thank you for reading everything - I know, it was a lot. But I felt that anything less wouldn't be enough.

    Don't worry, it takes a bit of time to grasp everything but I'll try to explain to you (in a non-technical way)

    Steem works with a system called DPOS (Delegated Proof of Stake - https://bitshares.org/technology/delegated-proof-of-stake-consensus/) which is an alternative to e.g. POS (Proof of Stake) or POW (Proof of Work).

    For this DPOS - you need Witnesses who are operating a Witness Server that produces blocks.

    Let me quote this wiki article:

    A Steem Witness is a person who operates a witness server (which produces blocks), and publishes a price feed of STEEM/USD to the network. Witnesses' computers in the Steem network have a job that is to make 'blocks' and add them to the blockchain and also to store the complete blockchain data. These blocks contain information about posts, comments, votes and currency transfers.[1]

    Actually, I think it is best if you read the article: https://www.steem.center/index.php?title=Steem_Witness before I repeat everything.

    Now - this however is only the technical part. Witnesses, in my opinion, have also another important role - and this role is to be the Voice of the people.

    But I think I said it best in my post :)

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     7 years ago  

    Thanks @therealwolf, I will make out time and go read through the link. I now understand steem witness as tutors in Steemit community. Your manifesto looks good to me
    I will try and keep up with your post for more enlightenment.
    Thanks, you will make a good "voice of the people".

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     7 years ago  

    Glad to hear that!

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