[Witnesses Exposed] What Have Witnesses Done For us This Week? Third Edition
by @cryptoctopus and @clains
Last week we had the second edition of this series. As stated, the goal is to inform the community on what the people who are the backbone of Steemit are doing, to glorify the good actors and to expose the not so good.
What are Witnesses?
Last time there was some confusion regarding what witnesses are. For those who do not know, here is a short explanation. For those who already know, jump ahead to the update.
Steem currently has 19 witnesses that validate the transactions of the network (you can see them here) and they get compensated for every block of transaction they validate. It's a very important job and it is literally the backbone of the steem blockchain (the technology that powers Steemit.com).
Witnesses have to run and maintain steem servers, update them, and provide reliable price feeds for the Steem Dollars. Witnesses are voted into position and can also get paid to provide services that benefit the steem platform, such as code review, documentation, developing new services, or helping out in the community.
A witness node in the top 19 get paid a fixed amount of about 1 blocks a minute or 1371.42 blocks/day assuming no misses. Payments are ~1430 steem per day (paid in VEST aka SP). At $2 per steem that's about $2860 per day each. However, when it comes to salary the following was brought forth in the comment in the first edition and it's important for everyone to take this into consideration:
The payout of Witness is more akin to stock options than a salary or fee for service, because it is tied to the future value of Steem and can't be cashed out (more than 1% per week). This is a good thing because it means the interests of witnesses are aligned with the interests of Steem in terms of long term value (and increasingly so as witnesses are more vested). However, it does mean that you can't reasonably say to witnesses, "You are being paid all this money, so you better go and spend it every week" because no one is receiving that in actual, spendable, payments. Expecting strong qualifications, competence, engagement, attention and effective representation are entirely reasonable expectations however. There is a tremendous amount of uncertainty as to how much they will truly profit in $USD.
Witness Update
@roadscape
- I am upgrading the server to fix node crashing issues.
- I added max block size column to witness page.
- I wrote a reputation debugging report https://steemd.com/rep
- I did performance optimizations for account pages.
@pharesim
https://steemit.com/steem/@pharesim/bounty-for-completion-of-native-javascript-steem-signer
@riverhead
I am still hammering out issues with the chat server. Guess the update there is we've ramped up server horsepower to address lag and are reaching out to Rocketchat Devs to discuss client side performance issues and I've also started to assemble a team of admins and moderators.
Also: https://steemit.com/steemit/@kennyrowe/steemit-meetup-in-seattle-with-riverhead-james-reidy But that's in a couple weeks - mostly just prep work now.
@xeldal
No updates, just continuing to do the same things I reported on last time.
@bhuz
I should start divesting on Monday, the week after I will start distributing some Rewards to contributors.
@svk
While I started contributing to the steemit.com repo before it went open-source, I was still on vacation (in a sailboat) during that time so my contributions were limited. Now that I'm back home I've started really diving into the code and fixing and changing stuff. I've been trying to focus on some of the little things that the dev team haven't had time to focus on yet, but there are several things you may have noticed that were implemented by me over the last few weeks. Among these are the curation and author rewards pages on your profile page, the hidden "low-quality" votes (that James expanded on using the reputation system), and in the next update you'll see a revamped Profile page that includes some ideas from @etherdesign's awesome design post on steemit.com. The curation rewards will also include links to the user that made the post you got a reward for.
For now the profile page only has a fixed background, but in the near future I will add the ability to set a background picture similar to Facebook's banner; and maybe a short description you can include to let people know what your blog is about or what you're interested in.
@arhag
This past week, I continued working on the dead man switch / will design. I have also been going through the recently open sourced steemit.com code and getting familiar with it.
@wackou
Unfortunately, not much [to update on]... It was my last week at work, had to finish a lot of stuff and then was travelling for holidays 😃 there were a few emergencies for muse and bts, but that's not strictly steem related. Especially given that it's a bug in graphene that was fixed in steem but not backported yet, so it came back to bite us really hard (fortunately @abit was here and we managed to "fix" bts with the help of a couple of other witnesses).
@complexring
I've been working with non-english speakers on posts of stories, trying to gather more support for authors / fiction writers, and have started reviewing the latest code for both steem and steemit, not to mention working closely with my developer on steemgrants, steemscholarships, and steemwriters. I've also been in contact with some community members who have some ideas that we aren't quite ready to share
@blocktrades
- While continuing to analyze performance of the Steem network code, we made a small optimization to peer-to-peer operation. We found a case where a node could request a block after it had already received it from a peer due to a race condition. We're also investigating the possibility of improving the forking logic for Steem.
- Completed changes to BitShares wallet GUI to support Steem Dollars and to allow sending of memos when withdrawing Steem and Steem Dolllars. Among other things, this allows users to directly withdraw OPEN.STEEM to other exchanges without having to first send to their Steem wallet.
- Re-arranged containers and VMs for BlockTrades and OpenLedger to spread out the computational load so as to reduce the chance for failures when sending funds.
- Continued to assist new users learning how to work with cryptocurrencies and the Steem wallet.
@silversteem
Aggregating content providers for the platform that will enrich and diversify what we see today and maintaining/upgrading my servers to support my witness. I have another project that still requires some vetting to ensure it is a suitable direction for the platform. Hoping to be able to discuss more about this soon.
@abit
In this week most of my time is spent on communications in Chinese community. Some time on fighting spam. A little time on code view.
I will be travelling in next 3 weeks, so probably less activities.
@datasecuritynode
I just got back from the lawyers office. Corporation should be ready in a few weeks pending no hangups in processing... SBD cards one step closer.
@joseph
I will have to repost my suggestion to send Steemit representatives to the CM2106, and see if we can get enough support to fund that. If not I will adjust my plans accordingly.
@clayop
From last week:
*Spreading words to Korean community in a public chatroom (with over 150 people)
*Updated and running Noteefi (Telegram notification bot)
*Planning to introduce Steemit to snulife (a community of Seoul National University, which is the best university in Korea and accessible only students and alumni)
*Preparing Steem development contest
This week:
Maintaining a high quality witness server and seed node
Running Noteefi
Initialized a discussion about developing alternative GUI for Korean community: Link
Helped Korean whitepaper translation: Link
Recruiting writers with qualities: Link
@lafona
In addition to the usual updates and upgrades to witness and seed nodes. I have discussed with @steemdrive possible ways to help out with the billboards initiative. As part of the initiative I will be working on a billboard campaign here in Connecticut. In addition we will be looking into ways which witness funding could be used to benefit the project. Outside of these activities, I am an active curator and I try to target undervoted and topically diverse posts. In the past few days I was voted into the list of active witnesses and as such I will continue looking for more ways in which my skills and resources can be used to benefit our community.
@bitcube
Released Windows Wallet and Miner for v0.12.2
Major revamp on Sharebits to first make it work (Goal is to enhance it to support Steem)
Fixed Sharebits's Invalid Objects and Invalid Assets bugs
I have also updated the witness excel sheet.
@smooth
I've hired a curator team. I have 10 people paid to look for the best hidden gems and other quality posts to help develop the site content. if you have any questions about how that works I'd be happy to answer. It is something new I came up with myself and have been running for over a week now, with great results
Follow-up interview with @smooth
I was curious to understand how Smooth pays curators to find hidden gems:
How do you determine what are hidden gems?
High quality posts that are not already in Trending. They can be before payout or after payout (after payout I get no curation reward but I still upvote to support quality content on the platform)
Do the curators have any guidelines?
Yes there are guidelines but they aren't public
How much are curators getting paid?
Pay is not public but is enough that I have an increasingly long waiting list for positions. All are being paid the same.
How can other whales help out?
I'd prefer that other whales do their own thing. One of the problems we've had is too much group voting. There is still plenty of content to be found. Even with 10 curators each sending me links I getting few duplicates.
Are there any open positions?
There are no open positions, all 10 slots are currently filled or in the process of being filled, but there is a waiting list.
Interesting! We'll see how that works out. You can contact @smooth at steemit.chat to get on the waiting list.
Missing Updates:
It doesn't mean that they aren't doing anything but somehow they haven't felt it was important to give an update to the community.
Witness Proposals
@aizensou
Read his witness proposal here: https://steemit.com/witness-category/@aizensou/witness-application-aizensou
@glitterpig
Read his witness proposal here: https://steemit.com/witness-category/@glitterpig/witness-glitterpig-because-everything-is-better-with-a-bit-of-bling
@gtg
Read his witness proposal here: https://steemit.com/witness-category/@gtg/witness-gtg
Comments
Those responses were gathered by @clains manually and very few actually made a public update on their blog. Updates to the witness document has been slow, and only manual updates has worked to keep everyone accountable. For the next update we ask everyone to submit their updates publicly to their steemit blog.
Nevertheless, if you read through the update you can see that many of them are doing great work, particularly back-end work. Those changes may not be apparent for most people but they are fundamental to the long term viability of the platform. We have also seen quite a few witnesses focus on curation recently, which hopefully will help promote great content on the platform.
Vote with your conscience
https://steemit.com/~witnesses
Does some of the update above inspire confidence and competence to you? Please vote for them. Since it's still only the second real update, I would ask you not to be too harsh. We will increase the pressure for detailed updates as time goes on. We will demand competence and RESULTS from our witness to ensure the best long term success of this platform.
Thanks for doing this series, guys. I know it can be controversial and rub some people the wrong way, but it's a service to the community for you to get and organize this information + inform us what our representatives are doing. (Actually, I think of them more as trustees than representatives.)
I have tried to become better educated about the witnesses and yet my understanding is still very limited.
Some witnesses are working on development that is essential or quite helpful to the platform. Others are using their income to improve Steemit in other ways or to promote it. It is nice to have frequent updates like this, though I certainly think that some witnesses are working on longer term initiatives (or even secretive projects) that may not show measurable public progress in a short period of time.
Please keep an eye on their work over time rather than just deciding to support someone based on one week's report. And make sure you vote on witnesses!
yep...just do what you are good at.... And you are DAMN good at what you do best - writing!
My 0.02 steem
js aka tk
Thanks for the compliment. But I am not a witness, merely an average Steemit user. However, I got in early enough that I have a good chunk of SP and people who follow my writing, so that brings up another point: perhaps not just witnesses, but also whales, have an obligation to help build Steemit. Since whales are not receiving "public" income from the system (as witnesses do), there is no expectation of them giving back, but I still think if whales want to see the system grow and work effectively they/we should help make that happen. What I like to do is help newbies and help other writers, plus a little promotion.
That is another awesome post! I love this series. You have my upvote. The amount of work you guys put into these post is very incredible. Keep on the good work!
Wow Smooth has hired a whole team of curators, that in itself is epic and super cool to see, not to mention now more people who do quality work will get noticed. For the people who are worried about inequality all that I've seen so far is growing distribution of wealth and a team of developers and whales that are actually doing their best to help the community not their own personal gain. Everything that I've witnessed so far merely increases the support I personally give to steemit. Great update as always.
@clains
Damn it you!
Making me log back just to vote for this awesome post.
You have any idea how long it takes just typing my new password! Lol
Truly great job my freind!
+5%
thanks :D
Brilliant stuff man :) I've started mining recently, so im helping steem out a little bit as well :P
Thanks for the breakdown on witnesses, i have been trying to wrap my head around that. Great post.
Thank you very much for the info. This is invisble part of Steem, but they do great job. But who votes for witnesses?
You vote. We all vote for witnesses.
Upper right of your home page is a menu (next to your blank pic). Click it, and click witnesses. Vote my friend!
You can also go directly to this link to vote for witnesses: https://steemit.com/~witnesses . You can vote for as many witnesses that you'd like to. We'd need to get confirmation on this but I don't think it counts as a normal vote, in my Steemd it labels it as 'applecrisp approve witness ____ '.
Actually there is a limit of 30 witnesses maximum you can vote for and yes it is completely separate from voting on content (does not use up voting power).
@kushed posted this update earlier in the week about one our initiatives (getting Steem suport integrated into a mobile payments app).
! that's awesome. will include it next time :)
For me clains always meant 'good/great'... in dutch or something :)
I was going to write an article about "Curation through automation (bots) or delegation (helpers)?" where I would propose something like what Smooth does - but I guess there is no need for that right now. Good stuff.
I appreciate witness's alot more now that i see what you guys are doing. Stay bad ass.