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RE: ChillBill’s witness update. I’ve entered a rabbit hole.
The way DPOS works is the token holders vote on who they think are the best witnesses. The ones with more votes get more blocks. The top 20 witnesses have a lot of responsibility and are generally doing a lot of work behind the scenes to improve the platform/network.
Instead of worrying about how few blocks you get while at the bottom, try to focus on what you can do to make it to the top :)
"Instead of worrying about how few blocks you get while at the bottom, try to focus on what you can do to make it to the top :)"
I'm not worried, there is no prospect of getting to the Top or getting any meaningful number of blocks.
Mr Banfield clearly shows there is no way up that ladder. He's been posting like crazy and begging and fawning and adding lots of value to Steem and he is still basically nowhere.
What is more the system enforces this oligarchy. It is, what it is, but pretending to people they can get to the top is simple misdirection.
Im cool with the '1%' oligarchy idea idea behind the Steem Witness system, but people should know the facts before they throw their hard earned money away trying to compete in a no win game. Most people cant afford to waste hundreds of dollars like that.
The process needs more transparency.
I did it. It took me a long time and a ton of hard work (a lot more than just posting frequently) but I joined the site a little over a year ago, knew nobody on the platform when I joined (other than my brother @dogguy who recruited me), and became a top witness.