To be honest, witness system will not work (in terms of contributing to the community). This happens to Bitshares before. See the current market cap of Bitshares comparing to that of its launch time. It will repeat in Steem (I mean the so-called contribution). There are witnesses just keep claiming what they have done. There is no proof, nor check and balance. Another problem is whether their contribution worthy for their payout. I strongly urge the community to turn more witnesses to miner-witnesses. At least the miners spend electricity to secure the network. Twenty something human witnesses can be easily colluded to harm the network.
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There is a difference. Although I'm not any kind of an expert on Bitshares, as I understand it, witnesses in Bitshares get to set their own pay and this has led to a race to the bottom with most witnesses receiving only 10% of the scheduled pay. This system of variable pay was considered and rejected for Steem to ensure that witnesses have ample resources necessary to support the platform. It is up to the community to make sure that witnesses do a good job and vote out those who don't.