Steemit Basics: How do I vote for Witnesses and Why Should I?
After almost a week on Steemit, I have a bunch of questions. Let's start with the first one!
After almost a week on Steemit, I have a bunch of questions. Let's start with the first one!
Here is the link to vote:
https://steemit.com/~witnesses
Thanks, that's one part answered! :)
Now, what am I voting for?
As you may be aware steemit (the website) uses on a unique type of database(blockchain). This database is maintained by a group of people (witnesses). Essentially, everytime you vote or post it is sent as a transaction to the database. The witnesses run software that checks to make sure your transaction is valid, and , if so, updates the database to reflect your transaction. Since this is a crucial task, witnesses with the most trust(votes) are given the most opportunities to update the database. Hope this helps.
So, it's basically another word for "miner"?
It is like a miner. The main difference is that, instead of hashes deciding who goes next, it is the votes that decide.
Thanks!
Is this the modified PoW "mining" that steem.io talks about? Or is a witness completely separate from Steem's mining?
I don't understand the question, what is witness?
We'll know as soon as someone explains it here. ;)