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So... Just to clarify: we proxy @witnessvoter, then send 1 STEEM (min.) as a "stake" to them as well? (then based on your "stake", you receive payouts accordingly...?) Is that about the gist of it

Only send transfers to @witnessvoter if you are a witness

Here's a better idea. Go buy 10 million Steem. Send all 10 million to null. The price of Steem will go up. Everyone will be better off.

I second this suggestion.

But ANYONE can "proxy" as I read it... and earn coin based on that stake!

That is correct. Anyone can set @witnessvoter as the proxy and earn from the auction.

I'm just at start, but I think I'll set @witnessvoter as a proxy!

I strongly recommend that you rethink that decision.

Hi @mightblueberry! can you clarify your opinion? And please take off your flag, I finished registration on Steemit just yesterday and I don't know many things here.

Trust me, there is a lot to learn on this platform. I recommend that you read this post from @steem-plus (https://steemit.com/utopian-io/@steem-plus/steemplus-points-calculation).

It is worth getting the steem-plus extension on google chrome. It will explain in this post https://steemit.com/utopian-io/@steem-plus/steemplus-221-earn-more-by-posting-to-dtube-via-steemplus.

On your home page you will have links. All the links contain content that is a must read.

I flagged you because witnesses have a very important role. There actions shape this platform. Go to: https://steemit.com/~witnesses. This page contains the top 100 witnesses as well as links to their witness posts or external websites. My flag has no monetary cost to you so I leave it as a reminder of negative feedback. On Steem, we don't have a dislike button, it is rolled into the flag button. I use this account because it has minimal SP.

Also @fyrstikken (@witnessvoter) is not a bad character. This is just a proposal I strongly disagree with, hence the downvote. He has done a lot of good stuff for the platform during his 2+ years here.

Thank you for your explanation!

This undermines the entire design of community delegated block production and frankly scares me a bit to think that it's now a thing that anyone can just buy themselves a witness rank.. :/

This is the reason behind my flagging, it's nothing personal but I certainly don't see this service as a "good" thing, it really opens up doors for the DPOS system to end up a "pay2win" situation.

Hell, throw me some !popcorn as well.

it's now a thing that anyone can just buy themselves a witness rank

We share your sentiment, but hasn't this always been the case, for aspiring witnesses alone or in a colluding group?

Some truth to that, you need to build alliances to advance, for sure.
A lone witness would have a much harder or impossible time, but their "level of difficulty" would be inversely proportional to their "stake", in becoming a bigger witness. Just my 2¢

😁 😂 🤣

lol "church-of-Piglet"

Great to hear from a Seasoned Witness,
thx Klye :^)

  • Undy, "newb witness" lol

WOW, so much to digest, I will get my partner to check this out...
looks like a BIG BOOST for a new Witness! :)

Yes, we see it as an earner for investors, extra passive income, and also as a smart regulator for the price of block production. This should be very investor friendly and witness friendly as the market value will find its balance. Kind of like "block difficulty" on the Bitcoin network if you think of it.

Sounds more like an effort to get bribes from witnesses.

Firstly, Fyrst (lol) I'd like to thank you for putting forth innovations and new ways to use the STEEM Blockchain, and it's "assets". Very forward thinking. All I got from my people was negative feedback so far. But I did appreciate the candor. Sometimes it seems there is a lot of "passive agreement" or apathy. Not on THIS! lol

Thanks again and I will always be watching for the "next big thing" whatever it may be...

THANK YOU for the input! :^)

Since each account has 30 Witness Votes, this voter will ROTATE the recipients on a 29 day basis so as to always have an opening for the daily auctions! Makes Sense, @Big_ViKING

😎

Is there a 2,000 M-Vest already in place? When does the bidding commence?

That is correct. We have over 1 Million SP/2000 million VESTS in proxies already from the start, and growing as more people Proxy to us.

Ok so my voting proxy is now set to @witnessvoter testing out your strategy :)

Interesting proposal, to analyze. Successes, in their projects, and that they achieve, all their objectives.
Good vibes.

Thank you. People on steem are good at tracking bad players and reporting on them, we also look at the list every day and if we find out we have bad actors in there they will be blacklisted, for sure.

Hold on let me get 1 SBD into this too

that's great

Hi @witnessvoter I'm a bot, and wanted you to know that I've upvoted and re-steemed your post to help you with your promotion efforts! -exp

Thank you @fyrstikken for promoting this good project to help start new witnesses. Regards! :)

Thanks - you would know.

You got a 88.93% upvote from @upme thanks to @fyrstikken! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).

You got a 93.62% upvote from @postpromoter courtesy of @fyrstikken!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!