Witness Update - DragosRoua
Technical and Economical
- started to upgrade my witness node, as the old machine is running out of hard disk space - at the moment of writing this post, I'm still replaying the blockchain on the new machine, hopefully it will be ready in a few hours
- lowered my price feed bias at 10%.
- kept my SBD APR at 1%
- kept my account registration fee at 0.1 STEEM, (I use a script called steem witness toolbox, available for free on Github, for publishing the feed price and adjusting a few blockchain props)
- kept the block size at 65,536
Community
continued my new 30 days challenge, for June, this time about life hacks, read the introductory post here:
-- Announcing The June 30 Days Writing Challenge - Life Hackspublished a few posts related to the Steem community:
-- Adjusted My Price Feed Bias Down To 10%, SBD Is Closer To The Peg
-- A Subtle, Yet Important Change In How The Steemit.com Site Talks To The Blockchain
-- Another Minor - But Cute - Steemit UI Improvement, And Why I Talk About These Changes
I''m currently sitting at 60th position in the witnesses ranking, same as last week.
You are getting better and better keep up
Wish you good luck @drogosroua with the new machine...Hope to see your witness rank in top 50 soon...
that's great, i hope new machine will work better then the old one and your rankings will be improved.
keep it up the good work brother!
Congratulations. I hope you move up the ladder in the witness rankings. On other side, what does SBD APR at 1% means?
Annual Percentage Return = Interest.
But does it mean you pay 1% interest in SBD to people using your node and if so is there a possibility to use only your node for steem transactions...or i'm making such confusion and don't know nothing about this?
It's a blockchain property: witnesses are setting each a specific APR, and then it's using an average of that value to set up the APR globally for all users. If all witnesses will set 2%, then everybody on the Steemit blockchain will get 2% interest for their SBDs.
Thank you so much for your explanation :)
Hopefully new machine will do wonder for you and improve your ranking. you really deserve a top 10 place @dragosroua
great job thanks for this update
We'll see you move up that ranking soon
How you consistently find time to write every day I'll never know. You must be extremely motivated.
Regardless it's us who benefit so thank you for your effort!
congratulations. do you have a team you work with? am sure a genius like you need a team to quicken your progress.