Minnow Witness Project – Update Mid AuguststeemCreated with Sketch.

in #minnowwitness7 years ago

We’ve reached the middle of August

Things are still pretty quiet in the Witness sphere. There hasn’t been any new updates or release nor has it been any significant talk about changes to any settings like block size or registration fees.

What keeps being important, that I’m grading witnesses by, are:

  • An up-to-date node
  • Using community recommended settings (except APR and Price Bias)
  • A witness URL
  • Active and not missing too many blocks during the period

The following is my analysis of the Top 100 witness list. Based on information that is available on SteemD and SteemDB I here share my view of the list.

I’m a Proxy Voter for the Minnow Witness Project

I’m also a Proxy voter, which means that if you think all this to be complicated and too much to keep track of, you can vote for me as a Proxy voter. That means I will vote on your behalf. You can change this at any time. Read more on how to vote for a Proxy Voter.

My main view is to support new and upcoming witnesses that are doing a good job. At the end of this post, you can read my changes as a Proxy Voter.

Dead Witnesses and Outdated Versions

As usual, there is a bunch of dead witnesses. These are witnesses that have once campaigned and gain the trust of the community, but since then stopped their node or is disabled by the blockchain. A node that runs an outdated version (currently 0.19.0 and older) or misses more than 25 blocks is automatically disabled.

It’s important to not cast votes on witnesses that have no active node present. It takes power away from those that may run a stable node. If you are voting for any of the following witnesses, please consider changing the vote ASAP.

From the top, we have:

PlaceNameVote SharesVersion
#30@steempty10.09%0.19.1
#37@witness.svk8.14%0.19.0
#39@fyrst-witness7.96%0.19.0
#40@aizensou7.71%0.19.0
#48@steemed5.51%0.19.0
#58@viva.witness3.09%0.19.1
#65@cyrano.witness2.02%0.16.0
#66@kushed2.00%0.16.1
#67@bue1.90%0.19.0
#68@nextgencrypto1.72%0.18.1
#70@tdv.witness1.08%0.16.0
#71@dantheman1.08%0.14.2
#72@picokernel1.03%0.16.1
#74@idnit0.95%0.19.0
#75@bayareacoins0.92%0.19.0
#78@team.apha0.83%0.19.0
#81@bitcube0.53%0.13.0
#82@hagie0.47%0.16.2
#83@silversteem0.43%0.13.0
#84@blackwidow0.36%0.16.0
#85@steve-waslchot0.35%0.14.2
#86@habbasteem0.30%0.14.2
#92@moisesmcardona0.22%0.19.1
#93@enki0.22%0.19.0
#94@nexus-dev0.21%0.18.1
#96@linoxis90.19%0.14.2
#98@nonlinearone0.18%0.16.0
#99@royaltiffany0.14%0.16.0
#100@dele-puppy0.14%0.14.2

Missing Witness URL

Part of being a witness is making sure that people know what your intentions are. What will you supply the network with, what is your skill and why would you be voted for contributing. Running a witness without supplying one will make it more difficult for users to understand the purpose.

The following witnesses without one are:

PlaceNameVote Shares
#80@liberosist0.69%
#90@blockchained0.24%

Outdated Price feeds and Block sizes

An important part of being a witness is to keep up to date with the recent changes in the community. A while ago we were recommended to increase the block size of the node due to a bug that caused many new users unable to post. Since the release of 0.19.1, this is no longer an issue. A large block size today instead gives greater strain on the chain and can cause problems.

It’s also important to keep an up to date price feed since this is what constitutes the price for the internal exchange.

Worth noting is that the following is only set by the top 20 witnesses. But I think every witness should be prepared from the start and make sure these things are working correctly. It’s part of what a witness does

The following witnesses does not run the recommended 65,536 block size:

PlaceNameVote Shares
#57@neoxian3.17%
#60@jerrybanfield2.73%
#75@bayareacoins0.92%
#77@fubar-bdhr0.85%
#90@blockchained0.24%
#95@robertdurst100.20%
#97@mckienziegary0.18%

The following witnesses runs an outdated Price Feed

PlaceNamePrice AgeVote Shares
#30@steempty5 Days+10.09%
#32@steemychicken15 Days+9.77%
#39@fyrst-witness1 Day+7.96%
#40@auzensou2 Weeks+7.71%
#41@chainsquad4 Months+7.45%
#42@complexring2 Weeks+7.39%
#44@chitty1 Day+7.04%
#46@krnel3 Days+6.14%
#48@steemed1 Day+5.51%
#51@masteryoda3 Weeks+3.88%
#53@teamsteam3 Weeks+3.83%
#73@proctologic2 Weeks+1.02%
#75@bayareacoins3 Weeksh+0.92%
#87@steemitboard2 Weeks+0.29%
#88@yunkzilla4 Days+0.27%
#90@blockchained1 Week+0.24%
#91@personzzz1 Day+0.23%
#95@robertdurst1010 Days+0.20%

APR Settings (Interest)

Another interesting aspect, but one that I do not base my approval of witnesses on, are the interest settings. Like the Price, Blocksize and Registration fee, this is also only set by the top 20 witnesses. But it may be a factor in the long run if you wish to vote on a witness that supports a higher interest or not.

If a witness is inactive, has an outdated price feed or other it will not be listed here

The following witnesses supports Interest on SBD:

PlaceNameAPR
#3@timcliff0.5%
#6@liondani5%
#7@pharesim10%
#18@clayop2%
#23@smooth.witness0.1%
#27@aggroed0.01%
#35@joseph1%
#38@bacchist7%
#47@au1netyb11%
#50@netuso2%
#54@followbtcnews3%
#55@drakos7%
#61@sc-steemit1.5%
#63@dragosroua1%
#74@idnit3%
#76@swlker1010.5%
#79@reggaemuffin0.1%

These are only statistical data. Everyone should read up on each witnesses to get more details about them to form their own judgement.

Current changes to Minnow Witness Project

Regarding my previous statements in the post, I’m voting on new and upcoming witnesses that do a good job. I’m always voting with all my votes, but if a new witness comes up at the bottom, I’m taking votes from the top of the list to give to the new one.

Anyone can use me as a proxy voter, read more on how to do that. My voting strategy is to vote from the bottom and upwards on the list, giving new members of the witness crew a good chance to get in. I go through the list at random times, at least once a month, and review the witnesses according to the criteria I've described above. Anyone running a stable, up to date, witness node on the bottom 50 list can practically count on a vote from me. I will take my vote from the witness at the top of the list to give to new ones at the bottom.

Please note that while I’m voting for myself (sc-steemit) I fully intend to stop doing so once I go over position 50. Until then my vote will remain

These are my votes on below 50 witnesses at the current time

PositionWitnessNote
#52@agoric.systemsAdded
#53@teamsteemUnder observation due to price feed
#54@followbtcnews-
#55@drakos-
#56@archange-
#58@viva.witnessRemoved due to inactivity
#59@steem-id-
#61@sc-steemit-
#62@blueorgy-
#64@felixxx-
#69@steemgigsAdded
#76@swelker101Added
#79@reggaemuffin-
#89@adamm-

The following witnesses where un-voted to give place for new witnesses

@liondani, @pheresum

Vote for me as Witness

Enjoying what I do and contribute to the community, please vote for me as a Witness or a Steemit Proxy Voter.

By voting for me as a witness, you will support an active witness on Steem and BitShares. I believe a witness should keep up-to-date on current happenings and be a conduit between the many users and the system.

Read my Witness Posts: BitShares, Steemit

Support my Projects: Project Minnow Witness, Gridcoinstats.eu, Crypto.fans

Steemit: sc-steemit
BitShares: sc-ol

Proud Supporter of the Cryptocurrency Gridcoin

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I hadn't realized I had your witness vote! We are pretty much dead tied for our current potition on the witness #61 / #62 and I'm about to push you a little bit more ahead of me 😉 By giving you my witness vote. Great post as always and although I think in the past few months we've improved as witnesses as a whole as you illustrated we still have some way to go. IMO the top 100 witnesses should all be 100% active in all aspects.

Thanks!

Of course your on my list, your doing fine.
These posts are also a notice to everyone that we really need to focus on voting for good witnesses. The "old" gang at the top needs to be prepared, and we need people to remove their votes on inactive witnesses as well.

If we want a healthy network, we need a bunch of active and healthy witnesses as well.

"...if you think all this to be complicated and too much to keep track of...": as a new steemian I can only agree with that. Just made you my proxy voter. I'll keep an eye on you though, keep me educated ;-)

Upvoted & RESTEEMED :]

hmm upvoted some of the witnesses

upvoted you too

Thank you. I hope my list gave you some ideas of who to look for and who to question.

Yeah off course, I followed you hope to hear from you in the coming future.

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