Turbulent times
It seems I chose interesting times for joining steem. The leaves are falling and so is the price.
Please excuse the weak photo, it's the best my smartphone can do
There is a lot I could learn so far. We have 14,000 witness servers, but only very few of them are full nodes. If the full nodes fail, the content of the blockchain will disappear. That's intriguing. The system as a whole is less decentralized than I thought. Let us hope for steem inc. to survive the bear market and for the steem blockchain to prosper.
I also learned that part of the nodes' functionality can be shifted to hivemind servers. I still do not have the least clue as to what this means. Nevertheless I like the idea of scaling and parallel computing, so hivemind sounds like a good option. Still learning, you see ...
It seems some guys are pretty heavily invested in steem. Selling now would mean serious losses, plus it would make the exchange rates sink even further. Those are difficult decisions. I am pretty lucky in being just a tiny plankton.
Just let us hope for the best. Better times will come, they always do.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by thomasthewolf from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
That's interesting. Thank you. :)