RE: Jerry Banfield sold his witness account and is now producing
I'm not jumping ship to anywhere. I'm saying that it likely doesn't make sense to run a Witness node on this chain because those in power will seek to remain in power. With the amount of ram required you can easily spend $160 / month running it and if you want to be in the top 20 it would make sense to try to run a seed node also to convince people of power to possibly vote for you. So factor in $320 / month. Well a few months of doing that and trying to campaign to the God kings it will get old real fast.
Every project has it's issues including EOS. EOS is an open slate with 0.5s block times and is already cranking up the transactions.
Anyone can take the EOSIO software and build their own product on it. STEEM as well is open source so people can take the code base and expand on it.
I see our thoughts on being a witness are 100% different. I am in no need of the money so I don't care of the cost and want to make a community upvoter with what the witness makes. It should be a zero profit job if truly done for the good of the community, just as users should not self-vote in my opinion.
"because those in power will seek to remain in power."??? You mean Steemit is NOT decentralized? Oh, that's news! 🙄