Starting up "Project Minnow Witness"; Current Report End of July

Project Minnow Witness

July has soon passed by and with it there has been many new talented witnesses, a mandatory update to Steem and some mood swings on the market.

As a Witness and a Proxy Voter I've decided to start up a new project called "Project Minnow Witness". Anyone that votes for me as a Proxy can rest assured that they are supporting the very new witnesses that are doing a good job. By going after a few standards that I outline below and in every of my reports I will up-vote as many Minnow Witnesses as possible (below 50).

A vote will be moved from the top to the bottom to support new witnesses.

New to Steemit? Confused about Voting, Witness Voting and Proxy Voting? Read The Difference of Votes, Witness Votes and Proxy Votes

Current Status of the Witnesses

For those of you who rarely think about witnesses or watch the Witness status pages at SteemDB or SteemD this post is for all of you.

On 19th July there was an update to the Steem software in the form of Steem 0.19.1 and I wrote a post following up on how quick each witness was to update to this release in my post "Witnesses, Why haven't you updated yet!?".

Difference of Main and Backup Witness

There are 20 Main witnesses. They are responsible of witnessing (producing) a block every minute. They are also responsible of setting the consensus of Steem Price, APR and Block Size.

Everyone from 21 and below are backup witnesses and are responsible of witnessing (producing) one block based on their share of votes. They are not part of the consensus process, but it's still very important to set up a good working node none the less and the responsibility shouldn't be neglected.

Witnesses with Interest

One of the many jobs for a witness is to decide on whether there should be an interest. Setting an interest is quite divided among the community.

I am currently neutral and do not base any decision on whether a witness has none, low or high APR.

The witnesses with interest are:

Witnesses still Running 0.19.0

There are currently 11 witnesses running an outdated version of the software. It has been recommended by the developers to update to rectify some of the issues that was hurting the network.

They are:

Running with higher block sizes

Since the release of 0.19.1 it was recommended to lower the blocksize to normal size (65,536) again. There are still a few witnesses running with the higher blocksize.

They are:

Outdated Price Feeds

Running an update price feed is vital to be a witness. There are some witnesses that hasn't been doing this for some time.

They are:

Missing Witness URL

Including a witness link to the witness decleration may not be an essensial part, but it is important so others can see what your plans are as a witness. Some users have no links.

They are:

Dead Witnesses

There are witnesses that has a very high position on the voting board but have disabled their node manually or the network has disabled them if they missed to many blocks in a row. A vote on them is a waste on another good witness

They are:

My Votes as a Proxy Voter
Help me with Project Minnow Witness

So, with all this information I hope everyone can make a good judgement on who they think they can trust their votes with. These are only statistical data. Everyone should read up on each witnesses to get more details about them to form their own judgement.

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.

My Current Below 50

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.

Voting on 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: Joining as BitShares Witness, Joining as Steemit Witness

Steemit: sc-steemit
BitShares: sc-ol

Proud Supporter of the Cryptocurrency Gridcoin

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