This is incredibly impressive.
If I'm being honest, I'm just starting to learn how the witness system works. I will say there is quite a learning curve, but as time goes by I am beginning to understand it better.
Let me ask a simple question...
Do you recommend letting a proxy vote for a witness, or should you do it yourself? Also, when you say 30 votes, is that per day, per week, per year?
30 votes is what you get to assign. They stay assigned forever until you change one by removing it and giving it to someone else. it's an allotment of "permanent" votes.
I see. Thanks for that explanation. So if I set a proxy, that means that all of my votes have been assigned to the witness that I set my proxy to? How does the voting work? For example, am I able to vote once a day until I have made 30 votes? Can I make all 30 votes at the same time? Can I assign votes to more than one witness?
I'm sorry if these sound like dumb questions, but when it comes to the technical side of SteemIt, I need to learn a lot more.
There are tons of posts about this you can search for above or on asksteem.com but in general you get 30 votes to use on up to 30 witnesses, one per witness. You can set them, or change them at any time as often as you want. You get 30 to apply as you wish.
A proxy selection means you choose to allow someone else to vote for you and your power is applied to whomever they choose to vote for. I represent about 15 peoples votes under mine and they in turn now have their vote power applied to the 30 witnesses I choose to vote for on our behalves.
I guess then from the logic, that proxy voting can cascade. Say one of those proxied to you, also had 10 people proxied to them. Is that the case?
Yes, I can confirm that proxies do stack in a cascading way,
the plot thickens
Gotcha. I understand now. Thanks for the speedy reply :)
Well, I AM a witness, and I am very concerned that people understand us and how to wisely choose from the choices of us.
Happy to help!