RECAP: Ask-Me-Anything - Week #3 : @precise

Special thanks to @dreamiely for this soundbite!

Part of my initiatives as a witness is to support a growing community - @steemph - I organize a weekly AMA (Ask-Me-Anything) for the purpose of sharing, imparting knowledge and educating the community. Every steemian is of course welcome to join us and participate.

Week #3 included topics on the first 2 episodes and more focused on security... and here's the recap.


Questions
          
Answers by @precise
Screen Shot 2017-10-31 at 8.31.18 AM.pngYes it's a possibility.
@deveerei and I are
talking about it as we speak
Screen Shot 2017-10-31 at 8.33.16 AM.pngwe, the witnesses are
not super in any way...
we are normal people
like all of us here.
nothing special nor of god-like
or saint-like characters.
we have steem accounts like
you do, however we run
and maintain servers which
are nodes of the STEEM network
these are servers that store,
process and verify
transactions of the STEEM
blockchain. Transactions inlcude
posts, comments, upvotes STEEM/SBD
transfers etc. We also publish price
feeds for the internal market value
of STEEM vs SBD. These nodes
are the backbone of the
Steem blockchain (if you may).
On top of that, some witnesses
(including myself) aim to grow our
community and provide value
to the STEEM blockchain.
These efforts enable us to have a
sustainable platform where everyone benefits...
Screen Shot 2017-10-31 at 8.33.33 AM.pngOn my opinion it brings
a positive utility for the
STEEM Blockchain. We can relate
this to how ICOs are giving a
positive use case (mostly) to Ethereum.
Screen Shot 2017-10-31 at 8.33.50 AM.pngYes, similar to it.
Screen Shot 2017-10-31 at 8.33.57 AM.pngScreen Shot 2017-10-31 at 8.34.16 AM.pngIf you are referring to
your posts on the STEEM
blockchain, The owner of
that post is still the author
of that post.
Screen Shot 2017-10-31 at 8.34.25 AM.pngThe more votes (in terms of vests)
, a witness get, the
higher the ranking is the more
blocks they are assigned to
produce and be rewarded.
Screen Shot 2017-10-31 at 8.34.36 AM.pngNot unless you power down.
But I think you are referring
to the delegated steem power when
your account was created.
then in that case
yes the gets to 0 eventually.
Similar to all delegated steem
power, they can be
withdraw by whomever
delegated it to you.
Screen Shot 2017-10-31 at 8.34.44 AM.pngUnfortunately, there's no
way once it has been processed
in the block already.
Screen Shot 2017-10-31 at 8.34.55 AM.pngIt depends on your intention.
If you want to do it for security
purposes, you can place your
SBD to your savings and you have
3-day waiting period
before you can withdraw it.
You may also convert it to STEEM
Power (through the process of
powering up) which is the
best option if you want
to save it for the future
(because of the 13-week power down
process) and also your voting
weight/value will also
increase, the higher your
SP means you also earns
higher curation rewards.
Screen Shot 2017-10-31 at 8.35.00 AM.pngGood point and this is a wise
investment as well.
Screen Shot 2017-10-31 at 8.35.06 AM.pngYou can still upvote posts
even after payout and you
are free to do so as much
as you like. There won't be any
monetary value but it will
have an effect to the author's
reputation.
Screen Shot 2017-10-31 at 8.35.33 AM.pngYes the voters' voting
power will also decrease
by 2% regardless of
the time you casted the vote.
Screen Shot 2017-10-31 at 8.35.47 AM.pngNo. there is no monetary
return if you RESTEEM a post.
Screen Shot 2017-10-31 at 8.35.54 AM.pngNo. there is no monetary
return if you RESTEEM a post.
But it would be of great help
to the author if you resteem
their posts so that
they would reach a bigger
audience (ie. if you have
more followers)
Screen Shot 2017-10-31 at 8.36.04 AM.pngBot accounts are created
with a certain purpose.
And as usual if there is a
good bot there also bad bots
exists. This is inevitable
for a decentralized system
since there is no certain
rules/guidelines imposed
on these bots. I have no
problems with using bots
generally but intentions does matter.
Screen Shot 2017-10-31 at 8.36.59 AM.pngI don't use that much
facebook (whatever that is)
but in terms of trending posts
in categories the way steemit
ranks the post depends on many
factors one of which is the
number of upvotes it got and
the potential payout of the post.
Screen Shot 2017-10-31 at 8.37.51 AM.pngYou are free to use any
tags even if it's not
trending/popular. I would
highly recommend though to
use #steemph tag and
#philippines if you want your
post to be visible to these
communities. we aim someday
to have those tags be one
of the popular tags
and gain a bigger audience.
Screen Shot 2017-10-31 at 8.39.26 AM.pngThe minimum specs to run a
witness server node is:
16GB RAM, 4-core CPU,
low latency internet connectivity
(1Gb/s connection preferrably),
250GB SSD storage space.

See you all on the next Ask-Me-Anything session on Wednesdays at 7-9pm (GMT+8)


I am a witness, apart from maintaining a witness node for the STEEM blockchain, I also aim to build a thriving community following the motto of @steemph - Building Communities, Enriching Lives.
If you think I deserve your witness vote, cast it here https://steemit.com/~witnesses

DQmNSDyX22xfNXiVv1uxyqnAK9ubixs5YEdg3WLYChhhKk1__2_.png


Photo credits

H2
H3
H4
3 columns
2 columns
1 column
26 Comments