Reports from the Witnesses 2016-11-28

Similar to the Witnessses Exposed series that @clains used to do, the Reports from the Witnesses aims to provide the community with a summary of what all the witnesses have been up to. Every week, I plan to collect all of the reports from the individual witnesses and assemble them into a single aggregated report.

The details here are a summary (paraphrased by me), based on what I found in the individual reports. If you are interested in reading everything the witnesses have been up to - including many details that are left out of this summarized report, please click on the links to view their full reports.

Witnesses can continue posting their posts to the witness-category and/or witness-update tags, and I will assemble everything I find there. If I miss any reports, just let me know and I will correct it. If you have any issues with the summary that I wrote for your report, please let me know and I will do my best to address your concerns.

So without further ado, I bring you the second edition of 'Reports from the Witnesses'!


Reports from the Witnesses 2016-11-28

@clayop - Witness Position #7

  • Updated my witness node to v0.16.0rc3 while having a backup node in v0.15.0
  • Made the case that witnesses need to reduce feed price discount
  • Working on alternative GUI part, with help of @fabien and @ekitcho
  • Read the Full Report (11/26/2016)

Earlier Report:

  • Ready to test and implement hardfork 16
  • Conversations with people regarding Steem integration to Wordpress
  • SBD pegging: Increased buying price to $0.98 and selling price to $1.00
  • Read the Full Report (11/21/2016)

@abit - Witness Position #9

  • Code review and testing for hard fork
  • Reduced voting on the interest rate from 15% to 12%
  • No change made on the price feed offset/bias (remain -0.1%)
  • Updates to witness votes
  • Spent time on curation
  • Read the Full Report (11/25/2016)

@smooth.witness - Witness Position #10

  • Will be upgrading my witness to the upcoming 0.16 fork assuming no technical problems are discovered before December 6
  • Reduced SBD interest rate (APR) setting from 13 to 9%
  • Made case for gradual reduction of APR instead of abruptly changing to 0
  • Made case for continued price discount to reduce debt load
  • Internal market maker bot has performed well with no downtime. People are finding the internal market much more useful now.
  • After the fork, despite the 80% reduction in witness pay, plans to continue sponsoring existing projects (steemcleaners, busy, and the food/cooking contest, others on a case-by-case basis) on existing terms until at least the end of the year. Will continue to cover the difference with outside funds.
  • Read the Full Report (11/28/2016)

Earlier Report:

  • Reduced SBD APR to 13% from 15%
  • Liquidated several thousand SBD from SBD stability fund to reduce any short term trading premium on SBD
  • Made the case for witnesses continuing to discount their price feeds
  • Update to internal market maker bot, helping to provide liquidity on the internal SBD/STEEM exchange
  • Read the Full Report (11/21/2016)

@klye - Witness Position #26

  • steem.global is now a Daily 0.001 STEEM Faucet to help spread STEEM and it's blogchain!
  • Experimenting Running STEEM v0.16.0
  • Still working on a STEEM/SBD provably fair dice site
  • Continuing work on the Streemit project
  • Read the Full Report (11/25/2016)

@bitcoiner - Witness Position #43

  • Posted about the launch of the "Welcome to Steemit" page
  • Paid out more than 500 SP to all the participants on my recent free Steem Power Giveaway
  • Upgraded servers to the 0.16.0 release candidate 3
  • Will continue to spend time on the Steemit.com codebase
  • Will monitor steemd nodes with the new 0.16.0 release candidate
  • Will continue with @timcliff's wish list and trying to implement some of the items there
  • Will continue being active on Steemit, Steemit Chat, and GitHub
  • Discussed changes that have been worked on and are now live on Steemit.com
  • Reminder: The Steemit.com codebase is open source, anyone can submit changes to it!
  • Read the Full Report (11/25/2016)

@dragosroua - Witness Position #52

Earlier Report:

  • Supports hardfork 16
  • Updates to seed node server
  • Advocating Steemit at the Vertical Open Connect Blockchain events
  • Coaching new members
  • Several Steemit related posts
  • Updates to Zentasktic
  • Purchased domains for steem.city, steem.one and steem.supply
  • Read the Full Report (11/21/2016)

@bacchist - Witness Position #54

  • Working to revive the RobinHoodWhale project
  • Preparing for the Hardfork
  • Stated concerns with the reduction in power down time, and sheer number of major changes all at once
  • Overall supports the Hardfork though
  • SBD Interest Rate: Unchanged at 15%
  • SBD Discount: Unchanged at No Discount
  • Read the Full Report (11/21/2016)

@timcliff - Witness Position #64

  • Supports the upcoming 0.16.0 hardfork
  • Announcement that the "Welcome to Steemit" page is now live
  • Update on @the.masses project
  • Involvement in GitHub discussions about feature additions and glitch reports
  • New project "Reports of the Witnesses"
  • Partnered with @pharesim and the Steemit dev team to create a $300 SBD Bounty to develop a back-end search engine using ElasticSearch
  • Created a Witness Voting Guide
  • Price Discount lowered to 8%
  • Registration fee set to 50 STEEM
  • Reduced this from 15% down to 12%
  • Read the Full Report (11/26/2016)

@bola - Witness Position #99


Some Notes:

  • Many witnesses do not report every week, and prefer to only report when they have updates.
  • I recommend that you include communication as one of your criteria for evaluating witnesses, but keep in mind - it is not the only criteria. There are some witnesses that prefer to work "behind the scenes", and do not do much as far as reports.
  • For witnesses that are not currently posting any reports, I would encourage you to provide the community with at least some insight into what you are currently working on :)
  • Historic Reports from the Witnesses can be found here:
    /created/reportsfromthewitnesses
  • For help determining which witnesses to vote for, check out the:
    Witness Voting Guide

Remember to vote for witnesses here:
https://steemit.com/~witnesses

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