A Reminder To Vote For Witnesses As Well As A Question!

avatar

Hey, Hivers! This is your friendly reminder to vote for your witnesses! Witnesses are who make the blocks of our blockchain, and being decentralized, we vote for the people we trust to do that. I periodically check mine to make sure I'm not voting for anyone who stopped making blocks or something like that.

Not sure how? If you are on PeakD, click on your name on the top right of your screen, and scroll down to where it says "witnesses":

image.png

This is what it looks like when someone has stopped making blocks:

image.png

witnesses.jpg

You see the part where it says "last block" - theirs was 2 years ago. But they still have 1.9 million worth of HP voting for them. This is why it's important to check your votes periodically. Sure, this person is #106 in the ranking, but think about what that 1.9 million HP could do in votes for the active witnesses. I'm sure some of it is people who are no longer active on the chain themselves, but I'd bet some people just set their votes (or perhaps followed someone else's votes) and forgot about it.

And now on to my question...

All this time, I've been looking at "price feed" (where it says "2 years ago" in red) as I was scrolling through and taking that to mean "last block," because all the way down the list, you don't see the categories, but lo, it's the price feed, and not their last block. My question is, why for some witnesses this does not match? Doesn't making a block automatically update their price feed? I've been unvoting witnesses going "oh they didn't make a block in months" but really they probably have and they just didn't update their price feed in months. That's my error, but it did make me go ...huh? How is it that someone has last made a block minutes ago but their price feed is months ago?

I'm a normie in terms of the technicalities of blockchain, so if anyone could explain it without a bunch of coder lingo, that would be appreciated. 😅 Thank you to anyone who can enlighten me!

bee good.jpg



0
0
0.000
11 comments
avatar

I’d do that now
Thanks so much for the reminder

0
0
0.000
avatar

I wasn't sure what Witnesses vote is,, thank you for the information, I'm okay and fully understand about it 😄

0
0
0.000
avatar

Congratulations @phoenixwren! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You published more than 1400 posts.
Your next target is to reach 1500 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

0
0
0.000
avatar

Thank you so much for this quality reminder

0
0
0.000
avatar

A big thank you for this great reminder

0
0
0.000
avatar

And now on to my question...

My understanding is the price feed is the value in HIVE that the witness is giving to the HIVE Backed Dollar. Those values are then averaged is my understanding, though that may need some correction.

0
0
0.000