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RE: How are you measuring your success?

in LeoFinance • 3 years ago

Thank you for your support @consciouscat, really appreciate it! 👍

On the Hive blockchain, witnesses serve the role of validating signatures and timestamping transactions by including them in blocks. A block is any group of transactions (posts, votes, transfers, etc) that update the state of the database.

Witnesses are generally expected to manage a reliable block-producing node, implement a failover system, maintain a public seed node, tune blockchain operating parameters, publish correct price feeds, author/discuss improvement proposals, review code changes, and be active! Some contribute to core repositories. Some fund the development of other apps and infrastructure projects.

Every round of block production begins with the shuffling of 21 witnesses: the top 20 witnesses (by vote), plus one backup witness. Each is given a turn to produce a single block at a fixed rate of one block every 3 seconds. If a witness does not produce a block in their time slot, then that time slot is skipped, and the next witness produces the next block.

You can see the witness list here
You can see the live block production [here)(https://hive.arcange.eu/schedule)

3 years ago in LeoFinance by
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     3 years ago  

    You're welcome, !LUV 😉

    Thank you for the explanation. 🙏 And I can confidently say that my clever brain understood almost all the individual words and very little of what it means when I put it altogether. !LOL

    What this reinforces for me, yet again, is how grateful I am that we are all so wonderfully different and that people like you who like developing, building and maintaining tech type things allow people like me to share my heart felt words on a(n online) page so others may consume them. 😃

    So thank you for this. Keep up the great work, being you. Til next our paths cross. 😊

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     3 years ago  

    lolztoken.com

    What did the oar say to the other?
    Can I interest you in a little row-mance?
    Credit: Happy Valentine's Day
    @arcange, I sent you an $LOLZ on behalf of @consciouscat
    Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (1/6)

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       3 years ago  

      Thank you for your support @consciouscat, really appreciate it! 👍

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