Hi guys, today I will teach you about a Witness on Steemit
What is a Witness?
Witnesses are the elected leaders of the community. They are ambassadors for the project, and many of them work on things to improve the value of the platform.
Witnesses are tasked with validating and producing the blocks for the blockchain, which ensures everything in the network operates smoothly and correctly. Every three seconds one of the witnesses assemble all of the transactions that have occurred (such as posts, comments, votes, STEEM/SBD transfers) into a "block" and then they store all that information in the distributed database network called the "blockchain".
Witnesses are also responsible for maintaining an accurate and up-to-date price feed, as well as deciding on several important blockchain parameters. Witnesses control the cost for websites like Steemit.com to create a new account, and decide how much interest to pay for holding SBD. Many witnesses also host a public 'seed' node that other witnesses and the rest of the community can use to interact with the blockchain.
Upvote this post and comment
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
@originalworks
The @OriginalWorks bot has determined this post by @computer-geek to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
They are important part of these community. so if there is one is your favorite, just upvote them.
They are important part of these community. so if there is one is your favorite, just upvote them.
Congratulations @computer-geek! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP