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RE: Announcing EOS-Voter, an EOS Block Producer Voting Tool & Light Wallet

in #eos6 years ago

The governance systems between Steem and EOS are similar. They have a set of block producers that are elected by the community to serve the network in producing blocks (and whatever else they may add value with to advance it's goals). It's also in the same "family" of blockchains, so the software is pretty similar. That's why it was fairly easy to just replicate code that looks very similar to other apps I've built.

That's where the similarities end for the most part though.

Steem is a content platform with a social rewards currency attached to it. It will (hopefully) soon have SMTs which will basically be a turn-key solution that allows people to easily deploy their own tokens and power their own social network with those rewards.

EOS on the other hand is a general purpose computing platform. It acts as a giant computer of sorts (like ETH or NEO), allowing anyone with staked tokens to build and/or run decentralized applications. All of the concept type applications you see happening within the ETH token world are similar to what EOS will be able to do.

Probably more than you asked for - but others may have the same sort of question.

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Thanks for the response! That is exactly what I was looking for, actually; you see, I'm trying to figure out how to dedicate the extra resources I have on some of my offsite servers. I want to run a Steem witness, just because, but now looks like I ought to go get something to do with Eos as well, doesn't it? What to do, is the big question; mining Eos is probably too difficult at the moment.

Becoming a Steem witness is difficult in my opinion. Not only you need a considerable stake, you will also need to be actively involved in the community in order to get noticed by the members. Creating useful Steem apps and post what you are doing is way people will find your name.

EOS is an enterprise-grade blockchain. Multiply your stake and effort into two or more, and you have an idea how to be elected as EOS BP.😇

Thank you @jesta and Greymass team!
I was interested in EOS and I will try that in development

Hi man, does EOS use the same 30 votes thing as Steem does, where you use them or lose them, or is it a bit different?

For the most part - it's very similar.

What do you mean when you say "use them or lose them"? As in if you don't vote, it's essentially unused producer votes?

One distinct difference is that votes have a half-life and decay over time, and I think the way it's divided between those you vote for may be different?

Yeah, that's what I meant. Do your total votes get shared between all those you vote for, or if you don't make 30 votes, are they unused?

Oh yeah, I read about the weekly decay. That's a nice feature IMO.

I just tested this a bit, and by going from 5 producer votes on one of the testnets up to 20 producer votes, the value of the original 5 didn't change. So it seems that they are unused votes, not divided up based on the number you vote for.

Thanks for letting me know. Same as Steem then I guess.

Vote looses strength with time and you must revote on EOS

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