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RE: Demystifying HIVE: What are Witnesses?

in LeoFinance4 years ago (edited)

Thanks for your nice post about witnesses @slobberchops 👍

Tim Copeland on decrypt.co : Steem vs Tron: The rebellion against a cryptocurrency empireFor those who would be interested in who @blocktrades is, I suggest you read this fabulous post by

Little addition on the rules of witnesses, they're also in charge of providing an updated price feed to ensure that an exact amount is shown as a reward on your posts. Typically, they provide this feed every hour by posting it in the blockchain.

Another thing to consider when choosing a witness is the number of missed blocks (the number of failed attempts to write a block because the server didn't respond in time). For a high ranked witness, it's normal to have few of them (in the top 20, they write almost 1400 blocks/day) but not for the lowest, this may be a sign of an unsuitable (cheaper) server configuration/specification.

You can see these information on https://hive.arcange.eu/witnesses/ (from @arcange witness) or here https://www.cutehive.com/witnesses.php (from @oflyhigh witness)


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