Hello Everyone!
Here is what I've been up to since my last witness post:
- I hosted the Minneapolis / St. Paul meetup in the Twin Cities, and it was a lot of fun! You can check out the details of the event here.
- I am running a marketing campaign 10,000 Flyers to try and get the community to hang up 10,000 flyers by the end of the month. Everyone in the community can help participate. Details on how to participate can be found in this post.
- I posted my reactions to HF 19.
- I posted a tutorial showing how it is OK for minnows to vote 40 times per day, even without the vote slider.
- I have been involved in the discussions and support for the bandwidth issues that many minnows were reporting. I delegated SP to a lot of users that had insufficient bandwidth, and increased my block size to
131,072
, to double the network's bandwidth. When it was discovered that there was an overflow glitch in the bandwidth formula, I switched back to65,536
, since this was determined to be the best setting to minimize the impact of the glitch. As soon as the dev team released a fix as softfork 19.1, I upgraded my primary and backup nodes to 19.1 to apply the fix. I still have my standby node running 19.0, just in case there is a need to rollback. - I was a guest on the SteemitTalk Podcast show.
- I have been spending a lot of time helping users in the steemit.chat "help" channel with various issues, mostly related to account creation and bandwidth limitations.
- I continue to review and respond to issues in the steem and condenser GitHub repositories.
- I created the latest edition of the Reports from the Witnesses series. This report provides the community with an aggregated report of all the witness reports from the past week.
- here.I am continuing to fund @moataz's Facebook advertising campaign to bring more people to Steemit. So far, we have received 6,000 clicks, reaching 67,000 people and generating over 270,000 impressions. More details about the campaign are
- I created a guide of tips for new users.
- I submitted a pull request to update the FAQ page.
- I submitted a pull request to make the 'Buy' links in the wallet pre-populate the account name in BlockTrades with your username.
- I submitted a pull request to update the vote slider to include delegated SP when determining whether or not to display the slider.
Forward Looking Plans:
- Continue spreading the word on the 10,000 Flyers marketing campaign.
- I'm still working on a few different condenser pull requests in the background. Details will be shared if/when I am able to successfully make the changes.
- 'Deep dive' review of the HF 20 proposal.
- Continue my involvement with existing projects.
Some Information / Suggestions:
- Steemit announced the first official crowdsourced marketing project Steem Park, which launched this past weekend.
- Please help with the 10,000 Flyers marketing campaign by hanging up a few flyers in your local area :) Details are in the post.
Summary of Current Witness Parameters:
- SBD Interest Rate: The price of SBD has been fluctuating a lot recently. We are coming out of a fairly prolonged period of over-priced SBD, and it is currently at
$1.06
. It has gone down below$0.90
recently, but only for a short time. I am evaluating whether a small amount of interest would be beneficial to maintain the peg, but currently I do not see that it is necessary. I continue to monitor the market conditions carefully, and plan to add a 1-3% interest if there starts to be a more medium/long term trend of the price staying below the peg. - Price Discount: Due to the SBD peg consistently trading above $1.00, I still have zero discount on my price feed. If action is needed to support the peg, my current plan is to use APR/interest instead of a price feed bias, because the SBD debt level is not considered high.
- Registration Fee: My registration fee is set to 0.20 STEEM. This would be approximately $8.10 to register a new account without delegation at the current market price, or $0.27 plus $39.83 of delegated SP for a delegated account. I would prefer to have it even less than this, so that non-delegated accounts were in the $3-5 range, but it has been pointed out that users with less than 5-6 SP are likely to run into bandwidth limitations. Therefore, 0.20 STEEM is as low as I can go without risking new users being unable to use their accounts.
- Maximum Block Size: I currently have my block size set to
65,536
, which is the consensus among the top witnesses. If bandwidth limits start to become an issue again due to increased network usage, I will re-evaluate, but for now65,536
seems to be working.
I welcome feedback if you think there are things that I can be doing better as a witness. If you think I am doing a great job, I would really appreciate your witness vote!
https://steemit.com/~witnesses
Thanks everyone for reading my witness report!
Very well, looks like you are doing more then anyone else i do know, some of the witnesses are just lazy. I am voting for you as a witness.
Thanks
Your post clarifying number of upvotes for minnows was very helpful indeed @timcliff and I have been able to upvote freely after that. Thanks for that post. I missed your reactions to Hard Fork 19 and that's what I am going to read now.
Already voted you for witness.
Great job! Keep it up, supporting you all the way!
Thanks :)
From reading your blog about voting 40 times a day. I have started to point out when I can that it is ok to vote more often even if you have lower voting power as a result of it. I am not sure if more can be done to encourage minnows to vote more again, or anyone else by that matter as well. In my more active days/weeks I have allowed myself to fall below 30%. It’s been a bit slower atm so I’m back up to 80%.
I hope your pull request for voting slider from delegated SP passes. I think that would be an interesting selling point for one the services out there that is now allowing people to lease or rent SP. This would also allow people who can afford the full price for now to pay a small cost of upkeep to rent out the SP from a higher account to keep that slider till they reach 500 SP themselves. The demand might also encourage Whales to be willing to rent out their own SP from the increase in demand; instead of, cashing out.
It actually did pass, and is already live on the site :)
Just to clarify, does this mean that when your SP + Delegated SP reaches 500, you get the slider now?
Yes.
Haha, good one :)
Keep up the good work 👍
Thanks!
love the fb campaign!
Outstanding efforts! I just voted for you as a witness. You have more than earned it!
Thanks!
Hi Tim, thanks for the info.
Is it possible without parsing the blockchain since the time of account creation, to know which accounts the delegated SP in your account came from? I'm fascinated, and have no idea. Do different witnesses assign different amounts?
Not that I am aware of, at least currently. There is a site to at least show the users that someone has delegated to. I can send you a link to that when I get home tonight.
Thanks, I'd appreciate that.
Here is the URL. Just plug in the account name of who you want it to check.
https://api.steemjs.com/get_vesting_delegations?account=timcliff&from=-1&limit=50
That's great. I didn't see that anywhere in the docs, and it helped me to identify the best place I've found for the API:
(it's my first foray into the code, as I'm not much of a C++ programmer) https://github.com/steemit/steem/blob/master/libraries/app/include/steemit/app/database_api.hpp
Nice. I'm excited to see more community members getting into the code :)
thanks as usual
Indeed Tim, you helped me out in Steemit chat by PMing me to help set up my wife's account after she lost her password. I appreciated the help and gave you my witness vote. You're an asset to the community.
Cool, glad I was able to help. Happy to hear things are going well! Thank you :)
No...no...decline again. But I still vote you, for give my appreciation your effort and report. Nice ! :)
Thanks :)
You are a busy boy Tim. I'm gonna ask something unrelated incase your not busy eneough hehe.
Is there a DT type or minecraft type game that creates a coin for users? A steemit type rewards protocal, but for gambling or gaming instead of blogging?
I'm pretty sure if setup well would flourish fast :-)
Let me know hen you get the time
Thanks
I think that PeerPlays is pretty much what you are thinking of. They just launched their BlockChain recently and are planning to add a lot of PVP games on the chain.
I have a peerplays wallet but never followed through. It's not a stand alone like steemit though. I'll get back on it.
I was thinking a MMO that has its own coin, and all generated through game play sort of thing.
I think there is a minecraft version that you can find BTC dust, with mucho work hehe.
Thanks for the speedy reply :-)
Stuff like that I think is where PPY is heading. You should check out there website to see some of the things they have planned.
Thanks for the update Tim, keep up the good work and we will keep supporting you :)
Thanks :)
Very informative post thank you for sharing @mannyfig1956
@timcliff You are a very important and busy man in Steemit community. Thanks for the updates.
Voted for you sir as you are doing an amazing work here and helping this community grow :)
Resteeming this post too so that others can vote too
Thanks :)
Sharing for the followers!
Dear Steem advanced,
I really appreciate your reply on my post to tell me the real value of steem. I want to invest very much on steem, but with this business plan I am sure it fails in future.
https://steemit.com/steemit/@itman/attention-there-is-no-income-for-steem-so-the-project-value-is-going-to-zero-i-invite-all-steem-fans-to-tell-me-how-steem-earn
Thanks a lot.
Replied to your post.
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