RE: Witness Update and Daily Witness Earnings Analysis
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This is such a great post. I was kind of looking for all that info, but HIVE just keeps being confusing in many ways and I don't want to bother my master too much with those newbie questions if I could just search for it. This post is going to be saved in my "Hive Article" folder.
Just the other day I was scrolling through the witnesses (which I thought where just decision makers, didn't even know that a witness is a server) as PeakD included it in their "Wallet" page. And there are SO many inactives! Isn't there a mechanism that just takes that way after a year of being off and out of service?
Anyway, I clicked on the link to make sure that I already voted for you, and Keychain gave me the "Ooops" message. Thanks again for answering a lot of questions I hadn't even asked, but should have asked!
Well, the inactive ones are there, but they don't get scheduled to produce block on the blockchain. So no problem with those, there are some that are active, but not working, those produce misses, but because they are not consensus servers it doesn't impact Hive blockchain that much.
@topcomment
... and confused yet again 😅
So. The technical issue isn't that big of a deal. If a Top20 misses, it gets handed down to the next active server, until it gets signed correctly. "Consensus" means approved by votes I guess? You're absolutely allowed to just send me links or keywords to search for. I am being a bit lazy here, just asking you directly, I do acknowledge that.
For me, the issue is that the list is very long, and I don't just want to vote for any witness/server. And scrolling through all those greyed accounts was not really motivating. Not a technical issue per se, but still - why are they on the list to possibly vote on?
Well, Top 20 missing is a big deal, because top 20 gets to sign a block almost every minute so that would produce like 58 misses per hour and that is not good. Consensus means in the top 20 and means they get to set the HBD interest rate I believe. A witness in the 85th active position as me get to sign a block once every 6 - 7 hours so that is not a huge deal.
Take a look at the shot below, you can see that some didn't produce blocks for 2 years and you can see when the witness last produced a block.
So to decide which witness you are voting for there are many things to consider:
Also, top 20 don't really need any more votes unless they are in 19 20 position and are about to fall out of top 20.
Here is an example that shows what our top 20 are in terms of Hive holdings:
You can find this at: https://hive.arcange.eu/witnesses/
Take a look at the dark gray Pig image those witnesses are in the process of powering down their holdings if you mouse over the Pig it will show how much is being powered down.
Then there are images that represent the size of their Hive HP holdings like red one is Orca I believe, blue is Whale, green like me is dolphin. Mouse over those images and it will show you HP staked by the witness.
You can see the definitions of the images at: https://hivebuzz.me/
Also, you can get rid of disabled and stale witnesses by checking Active in the filters:
This is very helpful, thank you so much!
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