Reports from the Witnesses 2016-11-28
Similar to the Witnessses Exposed series that @clains used to do, the Reports from the Witnesses aims to provide the community with a summary of what all the witnesses have been up to. Every week, I plan to collect all of the reports from the individual witnesses and assemble them into a single aggregated report.
The details here are a summary (paraphrased by me), based on what I found in the individual reports. If you are interested in reading everything the witnesses have been up to - including many details that are left out of this summarized report, please click on the links to view their full reports.
Witnesses can continue posting their posts to the witness-category and/or witness-update tags, and I will assemble everything I find there. If I miss any reports, just let me know and I will correct it. If you have any issues with the summary that I wrote for your report, please let me know and I will do my best to address your concerns.
So without further ado, I bring you the second edition of 'Reports from the Witnesses'!
Reports from the Witnesses 2016-11-28
@clayop - Witness Position #7
- Updated my witness node to v0.16.0rc3 while having a backup node in v0.15.0
- Made the case that witnesses need to reduce feed price discount
- Working on alternative GUI part, with help of @fabien and @ekitcho
- Read the Full Report (11/26/2016)
Earlier Report:
- Ready to test and implement hardfork 16
- Conversations with people regarding Steem integration to Wordpress
- SBD pegging: Increased buying price to $0.98 and selling price to $1.00
- Read the Full Report (11/21/2016)
@abit - Witness Position #9
- Code review and testing for hard fork
- Reduced voting on the interest rate from 15% to 12%
- No change made on the price feed offset/bias (remain -0.1%)
- Updates to witness votes
- Spent time on curation
- Read the Full Report (11/25/2016)
@smooth.witness - Witness Position #10
- Will be upgrading my witness to the upcoming 0.16 fork assuming no technical problems are discovered before December 6
- Reduced SBD interest rate (APR) setting from 13 to 9%
- Made case for gradual reduction of APR instead of abruptly changing to 0
- Made case for continued price discount to reduce debt load
- Internal market maker bot has performed well with no downtime. People are finding the internal market much more useful now.
- After the fork, despite the 80% reduction in witness pay, plans to continue sponsoring existing projects (steemcleaners, busy, and the food/cooking contest, others on a case-by-case basis) on existing terms until at least the end of the year. Will continue to cover the difference with outside funds.
- Read the Full Report (11/28/2016)
Earlier Report:
- Reduced SBD APR to 13% from 15%
- Liquidated several thousand SBD from SBD stability fund to reduce any short term trading premium on SBD
- Made the case for witnesses continuing to discount their price feeds
- Update to internal market maker bot, helping to provide liquidity on the internal SBD/STEEM exchange
- Read the Full Report (11/21/2016)
@klye - Witness Position #26
- steem.global is now a Daily 0.001 STEEM Faucet to help spread STEEM and it's blogchain!
- Experimenting Running STEEM v0.16.0
- Still working on a STEEM/SBD provably fair dice site
- Continuing work on the Streemit project
- Read the Full Report (11/25/2016)
@bitcoiner - Witness Position #43
- Posted about the launch of the "Welcome to Steemit" page
- Paid out more than 500 SP to all the participants on my recent free Steem Power Giveaway
- Upgraded servers to the 0.16.0 release candidate 3
- Will continue to spend time on the Steemit.com codebase
- Will monitor steemd nodes with the new 0.16.0 release candidate
- Will continue with @timcliff's wish list and trying to implement some of the items there
- Will continue being active on Steemit, Steemit Chat, and GitHub
- Discussed changes that have been worked on and are now live on Steemit.com
- Reminder: The Steemit.com codebase is open source, anyone can submit changes to it!
- Read the Full Report (11/25/2016)
@dragosroua - Witness Position #52
- Updates to Steem Witness Toolbox
- Made the case for the account creation fee to be pegged to the dollar
- Read the Full Report (11/26/2016)
Earlier Report:
- Supports hardfork 16
- Updates to seed node server
- Advocating Steemit at the Vertical Open Connect Blockchain events
- Coaching new members
- Several Steemit related posts
- Updates to Zentasktic
- Purchased domains for steem.city, steem.one and steem.supply
- Read the Full Report (11/21/2016)
@bacchist - Witness Position #54
- Working to revive the RobinHoodWhale project
- Preparing for the Hardfork
- Stated concerns with the reduction in power down time, and sheer number of major changes all at once
- Overall supports the Hardfork though
- SBD Interest Rate: Unchanged at 15%
- SBD Discount: Unchanged at No Discount
- Read the Full Report (11/21/2016)
@timcliff - Witness Position #64
- Supports the upcoming 0.16.0 hardfork
- Announcement that the "Welcome to Steemit" page is now live
- Update on @the.masses project
- Involvement in GitHub discussions about feature additions and glitch reports
- New project "Reports of the Witnesses"
- Partnered with @pharesim and the Steemit dev team to create a $300 SBD Bounty to develop a back-end search engine using ElasticSearch
- Created a Witness Voting Guide
- Price Discount lowered to 8%
- Registration fee set to 50 STEEM
- Reduced this from 15% down to 12%
- Read the Full Report (11/26/2016)
@bola - Witness Position #99
- First witness update! :)
- Updated to v0.16.0
- Will be updating price feed automatically every 2-3 hours
- Read the Full Report (11/24/2016)
Some Notes:
- Many witnesses do not report every week, and prefer to only report when they have updates.
- I recommend that you include communication as one of your criteria for evaluating witnesses, but keep in mind - it is not the only criteria. There are some witnesses that prefer to work "behind the scenes", and do not do much as far as reports.
- For witnesses that are not currently posting any reports, I would encourage you to provide the community with at least some insight into what you are currently working on :)
- Historic Reports from the Witnesses can be found here:
https://steemit.com/created/reportsfromthewitnesses - For help determining which witnesses to vote for, check out the:
Witness Voting Guide
Remember to vote for witnesses here:
https://steemit.com/~witnesses
This post has been ranked within the top 10 most undervalued posts in the second half of Nov 27. We estimate that this post is undervalued by $16.32 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Nov 27 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Thanks a lot for these updates, it really helps me - and hopefully a lot of other people in the community - to stay updated with the latest news. Keep it up! :)
Thanks! :)
Thank you so much for bringing the hard info and news consistently to us in a language we can all understand, @timcliff.
Welcome @jessamynorchard :)
Thank you very much timcliff, this is another fantastic update. I'm about to rearrange my witness votes.....it will be difficult because so many are doing a fantasic job, are committed and bring enormous value. It is important that it is a competitive position though. I'll be voting for your witness as one of my selections. All the best.
Awesome, thank you! I'm glad you are finding the reports helpful :)
UV and RS for you. ( -- lol, (:)
Love this stuff, it makes me glad I voted for you. I appreciate your work on here, that's why I voted for you as a witness.
Hehe, thanks :)
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Hi Tim. I value the opinion of #SteemitElders ------
Can you have a look at this idea I put up today. Not much action on it but I think it might be good:
https://steemit.com/steemprentice/@barrydutton/steem-poke-pls-comment-here-to-encourage-a-new-member-to-join-steemit