"A pretty scary trio." I love it! Yes, but we vow to use our scaries for good. LOL! :-)
Great post, @beanz. Thank you for making it!
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"A pretty scary trio." I love it! Yes, but we vow to use our scaries for good. LOL! :-)
Great post, @beanz. Thank you for making it!
I think its cute that they're splitting up their witness into 3 people but I just have to say, it won't work out longterm most often, maybe they can make it work, but I doubt this will end up working, people should keep separate witness accounts, I don't know this is just messy, we are supposed to be a trustless system, and this just is like ahhh I don't know, MAYBE it would be cool if we had like, steem blockchain allowed for some sort of shared witness account lol, I don't know
I think you should all just get your own witnesses going, so you all have to learn how it works and how to spin up a node, you will all 3 get more out of it
but maybe you can prove me wrong and make some sort of new protocol for sharing a witness node! That would be cool, multi sig witness accounts etc etc
And maybe you could make this work and allow for even more than 3 people sharing one witness!
Maybe you could allow for a MINNOW witness where like 1000 minnows pool a piece of their rewards to pay for the server (very expensive and I don't think people who don't have the financial means have any business being a witness unless they have the money to support themselves and the witness node, or it will hurt steem)
So if you can POOl minnow upvotes, witness votes, stake and money to run the server, a big pool of minnows could become a witness! (And by the way I want to make sure everyone here is on the same page about a Minnow needing 500 SP to even be a minnow, too many plankton out there actin like minnows :D but seriously you have to EARN being a minnow, too many brand new users pout there think they are already minows LOL its really annoying! There is an actual chart)
Anyway I am interested in seeing how you guys work with splitting up a witness, I disagree and believe you should all have your own witness nodes but maybe you can make it work and develop a multi sig witness wallet or something!
Upvoted you are comment and the post by @beanz
There are several successful shared witness accounts. FollowBTCNews is one. Curie is another. Curie is a large group who have all pooled resources. Server requirements are becoming so steep that I have a feeling you will see more and more witness partnerships form just to keep the blockchain running.
There's no way to know if our endeavor will work. Some things you just don't know until you try. The goal is to try and do as much good for the platform as we can. We know the risks. We also know the good that will come from this if we succeed.
Thank you for your feedback @ackza. We are not really interested in getting triple the witness node. The amount of people now witnessing has become very competitive and many who put themselves forward alone fail to cover the costs of running the node. We believe that witness earnings are large enough that they are better split between the many projects and people who bring value to steem. Some of those in the top 19 use their payment to fund other projects. Our witness is doing the same but it is between the 3 of us. I don't think it is any different. In the meantime Rhonda and I are learning about running the server and what to do if something were to go wrong, and we are also learning how that is prevented.
@nnnarvaez has attempted a community witness in the past. I expect it is very challenging as people need to be able to make decisions as the witness co owner, and the more people involved the more difficult it becomes. However between @sircork @rhondak and I, we 3 share our aspirations for the Steem blockchain and usually agree on what is good for the platform.
Ackza, a very large number of the witnesses are team, project or co-owned witnesses. A long time user such as yourself certainly knew that. Do you have an agenda here to see us differently than followbtc/crimsonclad, or curie, or ocd-witness or any of the other dozen or so team witnesses?