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RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1072 - Exploring KYC-Free, Non-Custodial, Trustless Decentralized Exchanges and Wallets - Lower Puna, Far East Big Island, Hawai'i - Friday, July 4, 2025
All operators of working Hive nodes do receive rewards (in the form of Hive Power), though the Top 20 Hive Witnesses take about 95% of the rewards for Witness nodes. 🤔🤯 Those below the Top 20 struggle with the 5%, where the probability of each node to be selected for creating a block and getting the associated rewards depends of the votes to it (in terms of Hive Power). 🤯🤓
In other words, for every 21 blocks added on the Hive blockchain, each of the Top 20 Witnesses create their own blocks, then the 21st block is created by a "backup witness" randomly selected from the Top 21 Witnesses downwards. 🤓😏
!HOPE !INDEED !PIZZA !WEIRD !HUG
0.00000488 BEE
Yeah, the present system doesn't really give much incentive to actually allocate the time, energy, and resources to set up run a node, since if a node is not in the top 20, it gets peanuts, if even that. 😁 🙏 💚 ✨ 🤙
!HOPE
!HUG
!INDEED
!PIZZA
!WEIRD
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