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RE: How to be Witness? (witness properties & Pricefeed Update) Noob to Pro Guidelines..!!!
how many steem coins did you use to run the validator node?
how many steem coins did you use to run the validator node?
Approx 150 steem tokens per month
is that the reward or is it really the drink that's needed?
I mean, to be a witness we need tokens to validate transactions, don't we. just like any other PoS ecosystem.
Pay fees in usd to buy virtual private server and. But codes. Token comes on rank base
This witness basically costs nothing. It is enough to use a VPS.
I guess we are also issuing some number of tokens to witness in addition to the vps used to run the node. nice info
Thnks dear
That's not how the Steem blockchain works. To be a Witness needs no STEEM and no SP -- just witness votes from the community.
If you want to think of it in a PoS light, the "stake" is the community's trust in you as a witness.
Wow, it's so easy to be a witness, and they also get an estimated 200 steem per month as a reward. rather than being a validator on the Pos . project
Yes, technically it's fairly easy to get set up. But, getting those precious witness votes is the key!
Simply put, your witness ranking depends on the SP being held by the people who vote for you as a witness.
It's quite easy to understand, so if you want to make yourself a witness we need delegation support from people in the community, because this also affects the witness's reward income, right?
Exactly (though technically it's witness voting, not SP delegation) :) And as a community member, your witness vote is much appreciated by witnesses!
Point