You are viewing a single comment's thread from:

RE: We welcome you all to this week's issue of #talkchannel in the WORLD OF XPILAR Community ,Theme this week: ***NEW WITNESS***( week 37)

in WORLD OF XPILAR4 years ago

Although I voted for my witnesses, I don't think I'm clear about what their function is? What are the duties and obligations of a witness? Thank you very much for proposing this topic. Greetings

Sort:  
 4 years ago 

Greetings friend @nancybriti, I invite you to visit one of my publications about what we should know about witnesses.

https://steemit.com/hive-185836/@adeljose/knowing-about-the-witnesses-conociendo-sobre-los-testigos

Thank you for your interaction with us.

 4 years ago 

Without witnesses, our blockchain will not work

Witnesses
What are Steem witnesses?
The Steem blockchain requires a set of people to create blocks and uses a consensus mechanism called delegated proof of stake, or DPOS. The community elects 'witnesses' to act as the network's block producers and governance body. There are 20 full-time witnesses, producing a block every 63-second round. A 21st position is shared by the backup witnesses, who are scheduled proportionally to the amount of stake-weighted community approval they have. Witnesses are compensated with Steem Power for each block they create.