You are viewing a single comment's thread from:

RE: Participate in monetary creation and earn easy Steem

in #witness4 years ago

Hi, while what you are offering has nothing to do with quantitative easing, (you dont print extra money, you just redistribute what is already generated), the redistribution of wealth model is something that has my interest.
You talk about "parts" of the rewards, how much of the rewards is that exactly in percentage?
How is this different from vote buying? Thanks for the answer!

Sort:  

Thank you @ciska for your interest on our post. We are speaking about witness vote and not post upvote. In other words, you have nothing to "buy", you have nothing to risk or to lose.
You are entitled to vote for 30 witness, you can do it or not. But if you choose us, we share with you the mining rewards, while all other witness keep all the rewards for themselves...

For the moment, due to our rank, we have more server cost than rewards, so until it is economically viable, we do a 50/50 split of the reward. That means we distribute the half of the reward to voters and half of the rewards goes to pay the server rental.
But if the Steem Community vote for us and we all have more rewards, we will review the reward split with the evolution of our witness ranking.
@exnihilo.witness thanks you for the trust you have placed in this project.

"But if you choose us, we share with you the mining rewards, while all other witness keep all the rewards for themselves..."

You probably mean "we will share." Because you have not shared anything so far.
I voted for your witness 2 days ago (on 2020.04.19), but I have not received anything from you so far. And I have not heard anyone, who received anything from you so far. So, when will you start sharing the mining rewards with us?

Hi @xplosive
At the beginning we were far away ranked, so we didn't got block everyday.
Now, due to your vote, we are rank 122 and we got more or less two blocs each days, so we can share witnessing rewards we our kind voters.
Also, you were right, we have to be more transparent with you, that's why we have now a daily post with all the shared rewards.
Here is the link of today post https://steemit.com/witness/@exnihilo.witness/exnihilo-share-report-26-4-2020
You could see that you received 0.034 steem today.
To resume, share this post with all of your followers, more vote we have, more all of us rewards we have...
And thank again to have alerting us.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 66991.04
ETH 3101.80
USDT 1.00
SBD 3.74