CoinGecko is Running for Steem Witness

in witness-category •  9 months ago  (edited)

Who Are We

CoinGecko is a cryptocurrency data aggregator that currently tracks nearly 3,900 tokens from more than 275 cryptocurrency exchanges. We monitor various crypto data such as token price, volume, market capitalization, community growth, open-source code development, significant events, and on-chain metrics.

In October 2018, we decided to play a role in the Steem community and started writing frequently at https://steemit.com/@coingecko.

CoinGecko was co-founded by @tmlee and @bobster in April 2014. We have been operating in the crypto space for nearly 5 years from our home country, Malaysia. A few months ago, two active Steemians joined our team and played a major role in influencing our decision to be actively involved in the Steem community. They are @superoo7 who joined as Software Engineer and @awesomianist as Market Research Analyst at CoinGecko.

We have been following Steem since its launch and secured the @coingecko account late in 2017 with an intention to be active in the Steem community. We are glad that have the opportunity be active in the Steem in 2018.

In 2019, we want to understand blockchain governance models better and are considering running several masternodes and DPoS nodes. We started our first experiment by running for Tomochain's masternode when its mainnet launched in mid-December. We are currently the second most-voted Tomochain masternode.

Running as a Steem Witness came out multiple times in our internal discussions as we searched for other nodes to run. We are thus submitting our candidacy to be a Steem Witness. We hope that by running as a Steem Witness, we can further understand the Steem ecosystem and potentially play a more prominent role in shaping Steem for future growth down the road.

What does a Steem Witness do

Steem Witnesses serve as the Stewards of the Steem blockchain, taking turns to verify transactions and sign blocks in an algorithmically-arranged manner. Witness nodes are also responsible to store the Steem blockchain data.

A consortium of the top 20 most-voted Steem Witnesses shoulder an additional responsibility to drive the future direction of Steem.

What is CoinGecko Doing on Steem

A) Using Steem as a Communication Channel

CoinGecko maintains an official self-hosted Wordpress blog athttps://blog.coingecko.com/. This blog is where we publish official statements and press releases. We realize that Steem can be a robust alternative communication channel which we can use to share minor updates and our thoughts to the community. One of the unique content that we publish only on Steem and not anywhere else is our fortnightly updates.

B)Steem 2018 Report

Whilst using Steem, we are learning and researching the blockchain and community to come out with an easy-to-read Steem Report, leveraging CG's audience to bring attention to Steem.

We have prepared this report to showcase the capabilities of Steem as a Content Platform.

The aim of this Report is to show the performance and capabilities of the Steem Blockchain and its communities in a simple-to-understand way. Our goal is to let users outside of the Steem Community understand Steem easily, whilst providing existing Steemians with a useful resource to explain Steem to their audience

On top of the Report, we have also published some of our findings and facts about the Steem blockchain to showcase Steem by the Numbers.

Our Pledge

As part of our witness campaign, we pledge to provide the following to the Steem community. We will continue to take feedback and suggestions on what we can do to best contribute to this platform.

  1. Support for Steem DEX and SMT-Lite Tokens - We are excited that a few teams are working on launching a Steem DEX to support theSMT-Lite ecosystem. These tokens and exchanges will need visibility among crypto data aggregators. As part of our pledge, we will do our best to provide support to these upcoming Steem DEXes and SMT-Lite tokens so that their data appear on CoinGecko when they launch.
    * Addition on CoinGecko will still be dependent on our internal listing criteria. We evaluate for exchange and token quality. Availability of a reliable REST API is a prerequisite for DEX listing on CoinGecko.

  2. Contests - We have been organising several contests on Steem since we started posting on Steemit. We will continue to organise and promote our contests on Steem. We are happy with the reception that we have received and we aim to expand this for the benefit of the Steem community.

  3. Price Feed - One of the responsibilities of a Steem Witness is to report the market price of Steem across all exchanges where it is traded. As a cryptocurrency data aggregator, we have aggregated the price of Steem across all major exchanges globally. We will be able to offer our API endpoint as an additional source of reference for Steem price.

Witness Infrastructure Specs

Currently, we are running a single witness node with the following specifications:

Service ProviderGoogle Cloud
ProcessorIntel Haswell
CPU10
RAM64 GB
SSD250 GB
LocationUSA

Our main aim in the near term is to explore the witness ecosystem and increase our presence within the Steem Community. At the moment we are not running a full-node or RPC-node. When the time comes for it, we may consider scaling up our infrastructure to better support the Steem community.

Vote for CoinGecko

As a Steemian, everyone has the right to vote for the witnesses responsible for not only maintaining the Steem Blockchain but ultimately leading the direction of the community as a whole.

We hope our 5 years history in the cryptocurrency space and expertise as a team can inspire confidence among fellow Steemians.

You can vote for us via the methods below:

Steemit: Go to https://steemit.com/~witnesses, scroll to the end and type coingecko, click on vote to vote for us.

Steem Connect: https://steemconnect.com/sign/account-witness-vote?witness=coingecko&approve=1

Authors get paid when people like you upvote their post.
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I trust that you are able to run the nodes, report the price feed and fulfill all the technical challenges.
But witnesses are obvisously more than that. So if you don't mind, I have some questions:

  • What do you see as the biggest challenges of STEEM atm, where should our blockchain develop and what would be the first steps towards that goals?
  • Would you support changes in the reward distribution mechanism to encourage manual curation and to counter vote-selling, bid-bots etc.?
  • What is your stance on the latest developments around steemit.inc and the ideas of forking the chain?
  • Would you support certain communities here, and if yes, which ones?
  • Why choose the US as location for your node?
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Good to see this initiative. I hope this will help us all give more attention to Steem and Steemit outside of the "Steem" centric applications. There are initiatives to list Steem on coinbase and it will be great to get @coingecko's support on initiatives like those. Thank you!

We will keep a sharp eye on the potential listing of Steem on Coinbase.

I would like to switch the Dugquin currency in your Steam Power currency. Is this possible?

How to convert a currency?

will be voting for ya little gecko fella...

@awesomianist works for you?? had no idea ...

Done without a second thought! I appreciate the way you have taken a role within our community and look forward to the many things you can continue to do to support its development!

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Voting right away

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Thank you! We look forward do more things here too!

awesome stuff ! congrats on getting the witness up and running. lookin forward in great things from you guys

You guys got my witness vote.

Re-steemed

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Thank you! Give us suggestions on what we can do as a Witness on Steem if you have any!

thanks for the resource! We'll give both posts a read.

This is super exciting news!!

Coingecko bought 3 BTC worth of STEEM and powered it up in order to better market itself here. This is precisely the kind of involvement by businesses on Steem required for STEEM to reach a high and stable value eventually.

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💪💪💪already voted for @coingecko!

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Thank you!

Nice! Wishing you much success! 😎

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Thank you for your reply! if there's anything you think we can do as Witness, just let us know!

Hi @coingecko! This is so much amazing! Thank you for supporting steem.

You got my vote and I made sure I resteemed this post :)

Thank you!

This post has been included in the latest edition of SoS Daily News - a digest of all you need to know about the State of Steem.



Thank you!

Since you release information via Wordpress, I might suggest implementing @steempress into your site there. It will send the posts on Wordpress to the Steem blockchain.

It is a helpful plug in.

  ·  9 months ago (edited)

The last SteemConnect link goes to an error page:

It's because the link generator translate & to &. Deleting amp; will fix it.

BTW, I voted for coingecko :) Good luck for you guys!

Thank you so much for the sharp eye! Fixed the formatting error.

And thank you for your vote!!

You have my full support.

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Thank you! If you appreciate what we do on Steem, we hope you vote for us as Witness too!!

Really nice that you are getting into the game. My only concern is, there are a lot of inactive witnesses. Would be a hurdle to get up the list and get more people behind you than them all.

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We're glad to be here! We're happy with any amount of support Steemians give us!

Is your witness active? It doesn't look to be.

From what I understand, witnesses only considered active to the blockchain once they've signed their first block.

Hopefully @coingecko can start signing their first!

Otherwise, I'll ping the engineers at CG to give the witness another thorough check.

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Yes, only after the first block is produced / signed a witness is considered to be active. @drakos has a useful tool to check the witness status : https://steemian.info/witnesses

Btw, it will be great if you can setup price feed too.

Yep, I know this (I run a witness with a few others in SteemSTEM), my only concern really was the lack of a price feed at the time. However seems everything is all good! Just wanted to make sure I was supporting an active witness.

Clearly I am, best of luck to the coingecco team!

I just voted for you. You really need to figure out how to get in touch with @freedom. His vote will basically determine whether you get in the top-20 or so.

count me in @coingecko, I'll resteemed it and upvoted it. When I want to see what is the price of steem in converting to php I'll go directly in your website. But I have a question, I want to try buying bch from my steem money, how will I do it? Thanks if you noticed my question. Steem on but wait it's an error,

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Hello @mrnightmare89,

It seems you have set someone as witness proxy to vote for your behalf. Do let your community leader know about us!! Maybe he will agree with you to support us too!

yes, I will but how about my question? Is it possible to buy bch in coingecko like blocktrades?

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BCH not at this moment. Our website integrates Kyber Swap and 0x Instant, where you can buy/sell Ether and ERC20 tokens.

Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq

Voted! Great to see you guys taking up Steem. All the best!

Thank you for the vote!

just voted you throught my proxy @steemfuckeos could you consider my campagian as well? Thanks. @justyy is the author of https://steemyy.com

Clear and detailed report. Thanks for the work done and information

Witnesses are the Steem form of politicians, they are enacting a new form of democracy the world has never seen. All within the blockchain's code base. It's an honor for Steem to have such quality witnesses in the network like Coingecko. Witnesses that will fight against corruption and censorship will do a great service for our blockchain.

Why did not you say it before? >:V

11111111.png

Lovely

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I just voted you as witness. Thank you for your initiative.

Coingecko been in this crypto game long time, you guys easily get a vote and a resteem.

This is great news! Thank you so much CoinGecko and you've got my vote. I really think an organisation like yours that has multiple streams of revenue is the future of the Steem Witness program. There will always be uptrend and downtrends in the crypto market, and we'll need witnesses that will be able to withstand the tough times when the Steem token price is low.... and obviously it helps when you've already got your own servers for the other parts of your business.

CoinGecko has literally been the prime-example and test case of how I hoped a business would interact with the blockchain. Thanks so much for being so awesome!

Amazing news guys.
You have my vote also!

Welcome @coingecko. Resteemed :-)

I am more and more impressed with the role that you are playing on here with every post I see. This is the exact demographic of of user that we need right now as you can reach crypto enthusiastic users with your posts here and we can get great info from a knowledgeable source. To see that you are planning on being more active on here going forward is great and I think fully deserving of a witness vote.

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Support of SMT Tokens on your site is really great news from you guys. I love your commitment to the Steem Community and I hope we will thrive together in the future.
You got my vote...eh yeah just need to find out who to unvote...lol

voted!

Done---voted for ya ..

Voted as witness! You guys are great and I love the website. Cheers.

Thanks! We're happy that you love CoinGecko.com! Do try out our official Android or iOS App and tell us what you think! Leave us a 5 star if you think we deserve it!!

  • my vote

this is a good news. I am going to vote now itself. :)

DONE

Excellent news and voted for you.

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Dear friend @coingecko
VOTED
Screenshot_20190130-190153.png

Done guys. Voted for you hope you will make a good job.
Until now the coingecko is open on my browser 24/7 so i really like it. Hope here you will do also a great job for steem😉

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You've got my vote

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Congratulations @coingecko!
Your post was mentioned in the Steem Hit Parade in the following category:

  • Comments - Ranked 6 with 62 comments

Voted! Good luck! Your avatar is the cutest one

Good job guys. It is very much needed, particularly at this point of time. All the best

And I have voted for you!

Congratulations @coingecko with this great begginning! Just voted for you as witness!

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Good work I wish you all the best.
Thanks sir for sharing good news.

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We have an inflation problem caused by SBD printing when there is too much SBD debt and the price of STEEM is too low. If you make it to the top 20, what do you intend to do about it?

Hi Coingecko good news .
best of luck.👍👍
Good job.

How long have you been on steem? Nice website

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