RE: Top Hive Witnesses to Vote For & Support
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While I've never powered down a single HIVE earned as a witness, I don’t believe there's a necessity for witnesses (or anyone, for that matter) to justify their decisions to power down or explain how those funds are utilized. Witness rewards come in the form of HP; without the option to power down, witnesses would essentially be working for free. The reliability and security of Hive depend on its witnesses, and the rewards they receive are quite modest compared to content rewards. It isn't the responsibility of a witness to financially support projects out of their own pockets.
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True while $2,900 daily to witnesses is very modest compared to the entire reward pool... the top 20 earn over $100 daily each and more than half are powering down. I am merely looking for reasons to support them for powering down. If top 20 there are reasons they are there and I want to know more, this is a decentralized world & we could just follow the money with a negative post of results calling them out yet this way is much nicer and looking to support those powering down for reinvesting into Hive is not bad is it? If one says they power down for their income I would look at their project, one draining millions from people via NFT sales would not be excused in my book yet one that builds for all of Hive and sells nothing like coins or NFTs powering down to survive... I would add a vote for this person
Some have millions of HP Delegations and power down still, not sure what this is used for nor will I get an answer from the big one as the founder upvoted your comment... not going to share the info with the community
You're welcome to use whatever metrics you prefer, but in my opinion, it doesn't make much sense. When you hire someone, you expect them to do their job and compensate them accordingly. How they use their earnings is their decision. By asking people what they're using their own money for, you're stepping beyond the bounds.
Witnesses should ensure the reliability and security of the Hive network. That should be the main expectation.
I agree with @deepresearch, that people who hold significant amount of HP tend to be more credible.
Nonetheless, it's positive to see you engaging with the voting and doing research on whom to vote for, even if I disagree on the method you use.
again just looking for reasons to support those powering down by adding a vote on them if I like what they are doing,this is a decentralized chain not a corporation
You are one of the witnesses I chose, and after reading your answers I am even more convinced that I made the right choice.