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RE: Hive engine backup Witness discussions / earnings and looking for a more fair reward for all existing Witness as well as upcoming Witness!

in #witness2 years ago

I feel you and I support your initiative for a fairer, more evenly distributed reward system.

My witness node is in the last weeks living in a limbo of 21st place, sometimes even at the 20th position. The difference is significant as your table shows.

May be a sort of minimum/basic compensation for every active witness would be a good first step. Of course, with a valid definition of what active is and how much basic is !LOLZ

By the way, it is impossible to move the position on your own action. $WORKERBEE is so sparse and market is non-existent. For example, I would need to buy 1,720 $WORKERBEE to catch the witness in front of me.

Market is 31 $WORKERBEE shallow:

No way to climb up on your own. The only thing left is to beg for votes of those who have accumulated their stash in the past.

Also, votes for @eonwarp's node are wasted:

I am not saying that the voters above should vote for my node (hint) yet they should consider revoking and redistributing their votes.

My first 5 cents ...

@tipu curate

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No way to climb up on your own. The only thing left is to beg for the votes of those who have accumulated their stash in the past.

I do agree with this statement. For now, I am trying to convert all earned Bee into Workerbee and the process is slow and painful.

So if anyone want to support me please vote for: https://votify.vercel.app/alamut-he

There's a ton of dead weight voting. 2.5 months till vote expiration kicks in and changes it around a bit.

True. It will be interesting. Suddenly, nobody will have any votes :)

I did a little simulation a while ago as to what would happen when the votes expire, let me see if I still have the results.

Edit: Looked for it and couldn't find it, maybe I'll do it again soon.

Redoing the simulation now, will post results once its done. Basically seeing what would happen if the votes expired today.

We go down to only 855 votes still remaining. Here's the new layout:

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