Let's create a witness that shares the witness rewards!

in The City of Neoxian5 years ago

To be honest I am not exactly the right person to do this all by myself. I would be very happy to team up with somebody with proper technical skills.

I always find it very interesting how every witness is different and every witness do offer something else to the table. A lot of people don't even know what witness is or why they should vote for some when there is no incentives to do it.

The incentive now exists.
This all is just an idea, but it probably could work.

Obviously not all rewards would be shared as there are also expenses to be paid. Some of the rewards could also be used to burn HIVE or other HIVE tokens to make them more valuable.

I mean there's a lot of options how this all could work and help the HIVE blockchain grow. I want to know if you think this is a good idea and if you would vote for a witness like this.

Thank you.

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I could run the node... but I'd probably need to acquire a new SSD for my server rack.

I'm currently running a Ethereum node, a STORJ node, and an IPFS public gateway. So, I'm running out of drive space. I should have plenty of RAM and computing power.

Acquire SSD: TBD.

If you limit witness rewards by say 1000 HBD daily ("100 Hive but not more then 1000 HBD") the sharing will happen automatically provided Hive price is high enough.